Sources indicate $360m US aid package for Palestinian Authority

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(Photo: Envato Elements)
AMMAN — Diplomatic sources indicate that there are correspondences between the foreign and finance ministries suggesting that the Biden administration is on its way to announcing an aid package for the Palestinian Authority worth $360 million.اضافة اعلان

The US administration is preparing correspondence to bypass the restrictions imposed by the US Congress, in hopes of fulfilling Biden's promise to Palestinian President Mahmoud Abbas to provide the Palestinian Authority with a financial assistance package, taking advantage of the golden period leading up to the US presidential elections before it's too late, the report by Rai Al-Youm stated.

Of the $360 million, $100 million will be allocated to the UNRWA, a similar amount to what was paid last year, I24 news reported.

Palestinian liquidity crisis
Abbas had emphasized on multiple occasions that the Palestinian Authority is suffering from a severe cash liquidity crisis that threatens to cripple its institutions. Following this, he received two promises. The first came from the US administration, which faced obstacles within the halls of Congress.

The second promise Saudi Crown Prince of Saudi Arabia Mohammed bin Salman, who pledged to provide yet-to-arrive aid as well. Last Ramadan, the Palestinian President received a promise from bin Salman to resume sending annual aid, which could amount to $40 million annually.

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