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Saudi Arabia transfers $80 million to support Palestinian Authority’s budget

Author: 
Zaynab Khojji
article author: 
ID: 
1532700543089402500
Fri, 2018-07-27 17:04

JEDDAH: 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.

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