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      Archive: 1/1/2014
      13:12
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      News Brief

        1/1/2014, Tevet 29, 5774

      PLO: US to Transfer $440 Million to PA in 2014


      PLO representative in Washington Ma'an Erekat says the Obama Administration will transfer $440 million to the PA, primarily for construction and infrastructures development, $14 million more than in 2013. Washington will send $70 million directly to the PA Treasury.

      Erekat explained that the financial boost is US incentive to make progress in peace negotiations with Israel.