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Kislev 5, 5770 / November 22, '09  
 
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PA to Request $5.5 Billion

Reported: 21:51 PM - Dec/02/07
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(IsraelNN.com) Palestinian Authority officials have announced that they will request $5.5 billion from donor nations during an upcoming meeting in Paris.  The money will be used in the years 2008-2010.

The amount is almost double the amount of direct aid currently granted to the Fatah-led PA based in Ramallah.  PA officials said that 70 percent would be used to cover the PA’s operating costs, while 30 percent would be used for development projects.


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