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  Kislev 26, 5773 , 10/12/12

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.”



Other archived news briefs:Dec 10 2012, 05:42 AM, 12/10/2012