Daily Israel Report
05:42
Reported

News Brief

  12/10/2012, Kislev 26, 5773

Arab League Pledges Financial 'Safety Net' to Abbas


Representatives of the Arab League, who met in Qatar’s capital Doha on Sunday, pledged to transfer a monthly sum of 100 million dollars to “the state of Palestine”. The money is meant to give the Palestinian Authority government under Mahmoud Abbas a “financial safety net.”

The exact form of the payment has not yet been determined, but Arab League Secretary General Nabil al-Arabi said after the meeting that the “mechanism is that the chair of the committee (Qatar) and the secretary-general will contact each country with the exact amount they have to pay.”