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Reported
PA to Request $5.5 Billion
(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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