Saudi Arabia Transfers 80 Million Dollors To Support Palestinian Authority’s Budget | Saudi Arabia

Saudi Arabia Transfers 80 Million Dollors To Support Palestinian Authority’s Budget

Category: FINANCE

The Saudi Fund for Development has transferred $80 million to the Palestinian Authority as part of the Kingdom’s support for its budget.
Saudi Arabia’s ambassador to Egypt and permanent representative to the Arab League Osama Nugali said in a press statement issued on Thursday that the Saudi Fund for Development has transferred $80 million to the Palestinian ministry of finance.
The amount is Saudi Arabia’s contribution to supporting the Palestinian Authority’s budget for the months of April, May, June and July 2018, at a rate of $20 million per month.
Ambassador Nugali stressed that Saudi Arabia will always support the Palestinian cause on all political, economic and humanitarian levels.

SOURCE : ARABNEWS

28 Jul, 2018 0 1789

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