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November 5, 2011 7:42 pm

PA to Build Homes, Award Cash to Convicts Released for Shalit

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Mahmoud Abbas, President of the Palestinian Authority; Chairman of the Palestinian Liberation Organization Executive Committee. Photo: WEF.

JPost – Palestinian Authority President Mahmoud Abbas has decided to build houses for the Palestinian prisoners who were released in the Gilad Schalit exchange deal between Israel and Hamas.

The new housing project will be funded by the Palestinian Investment Fund, the Palestinian news agency Wafa reported. The PIF was established in 2003 as an independent investment company with the aim of strengthening the Palestinian economy through key investments.

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