European Commission and Palestinian Authority agree on €400m ($435m) emergency aid plan for PA's budgetary crisis.
The European Commission and the Palestinian Authority agreed on a €400m ($435m) emergency aid plan to address the PA's budgetary and fiscal crisis. The funds, to be disbursed as grants and loans between July and September, aim to stabilize the Palestinian economy and support the PA's reform efforts. The EU emphasized that the aid is contingent on progress in the implementation of the PA's reform agenda.
July 19, 2024
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