News Briefs

  9/20/2011, Elul 21, 5771

Saudi Funding May Make PA a Proxy State

Saudi Arabia is forking over $200 million to bail out the Palestinian Authority, whose conditions for a state are based on the 2002 "Saudi Peace Initiative.” The official Palestinian Authority WAFA news agency reported that Saudi Finance Minister Ibrahim Alassaf called PA Prime Minister Salam Fayyad to inform him of the transfer of funds.