World Bank transfers $77m to Palestinian Authority

GMT 23:43 2015 Thursday ,21 May

Arab Today, arab today World Bank transfers $77m to Palestinian Authority

World Bank (WB)
Ramallah - MENA

The World Bank (WB) said it had transferred $ 77 million to the Palestinian Authority to support its budget.

The money came from the Palestinian Reform and Development Plan Trust Fund which was a multi-donor mechanism run by the WB.

The funds were introduced by Norway, Australia, Japan, Kuwait, UK. They were planned to meet the urgent needs for the Palestinian budget.

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