Palestinians urge donors to cough up promised funds (AFP) AGENCE FRANCE PRESSE) 03/22/12)
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Palestinian premier Salam Fayyad on Thursday urged donors to hastily
provide promised funds to help the Palestinian Authority weather a
Speaking a day after a meeting of international donors in Brussels,
known as the Ad Hoc Liaison Committee, Fayyad said the monies were
crucial to help the Ramallah-based Palestinian Authority to meet its
At the close of the meeting, Norwegian Foreign Minister Jonas Gahr
Stoere who chairs the committee, urged supporters "to ensure the
contribution of $1 billion (760 million euros) in assistance" in 2012
and urged Israel to facilitate the transfer of tax monies due to the
"What is more important is that this money, or at least part of it,
is transferred as quickly as possible so the Palestinian Authority
can deal with its difficult financial crisis," Fayyad told the
official Voice of Palestine radio.
The European Union had pledged 155 million euros ($204 million) and
the United States was working to complete its allocations for 2011.
"What is equally important is funding from the Arab countries," said
"Funding from the region is crucial. Until now, all we have received
from the Arab countries in 2012 is $32 million (24 million euros)
from Qatar, which we are grateful for but we need much more," he said.
"The Palestinian Authority depends on its tax revenues in addition to
financial aid in order to fulfill its obligations, including
salaries. If the aid doesnít come through... it will seriously hinder
the Palestinian Authority from fulfilling its obligations."
In its closing statement, the committee referred to the need
for "burden sharing" between the donor nations.
It also hailed a technical agreement between the Israeli and
Palestinian finance ministries to make the collection of tax
monies "more efficient and transparent" and urged a "swift conclusion
and implementation" of the deal.
And it called on Israel "to facilitate sustainable growth of the
Palestinian economy... by taking further steps to improve movement of
people and goods, development, and trade and exports" in the West
Bank and Gaza, as well as in east Jerusalem.
The World Bank, the International Monetary Fund and the United
Nations have all expressed concern over the budgetary problems
difficulties being faced by the Palestinian Authority as a result of
Israeli restrictions. (Copyright © 2012 Agence France Presse.
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