Wednesday, October 26th | 24 Tishri 5777


Be in the know!

Get our exclusive daily news briefing.

December 9, 2012 7:27 pm

Arab States Pledge $100m Monthly to Palestinian Authority

avatar by News Editor

Email a copy of "Arab States Pledge $100m Monthly to Palestinian Authority" to a friend

Palestinian Authority President Abbas. Photo: Olivier Pacteau.

Ynet – Arab states agreed to provide the Palestinian Authority with a $100 million monthly “financial safety net” to help President Mahmoud Abbas‘s government cope with an economic crisis after the United Nations granted de facto statehood to Palestine.

Israel has responded to the Nov. 29 UN vote by ordering 3,000Jewish settler homes be built in the West Bank and announced it would hold back payments of customs duties it collects on behalf of the Palestinians to pay an outstanding electricity bill.

Read full story.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner
  • E Pluribus Beagle

    Arab states do this every few months or so and 100% they give nothing. Arab states pledged hundreds of millions after Cast Lead and to date have followed through with zero dollars.

  • Lawrence Kulak

    Obviously a ‘State’ that needs to be propped up (like Israel propped up Arafat and Abbas) with so much cash is not really a State at all but a sanctuary for murderers. Let the Arab world sustain the palestinians and take the burder of us. The US should no longer be funding the PA and if US aid does not dry up immediately now there is something very wrong. Can people imagine what would be if the victims of Hurrican Sandy are not fully compensated because many millions have to go to the murderous conspirators of the West Bank? I predict that if US and European aid would dry up, the Arabs who don’t really give a damn about the so call Palestinians would also not give them a dime. They are only playing with matching funds at this point because they want to accelerate what they hope will be the demise of Israel.