 RAMALLAH, West Bank - The Palestinian Authority will request 7.1 billion dollars (4.8 billion euros) in economic aid at an upcoming donor conference in Paris, the Palestinian economy minister said on Saturday.
The funds are earmarked for two plans aimed at reviving the Palestinian economy in the wake of a seven-year uprising and to provide an economic foundation to recently revived Middle East peace negotiations.
| Remind me why the Paleo economy sucks so bad to begin with? |
‘The first plan is for rebuilding the economy for 2008 and requires 1.6 billion dollars, and the second is an interim plan for 2008 to 2010 with a budget of 5.5 billion dollars,’ economy minister Mohammed Kamal Hassuneh said. ‘The funds will go towards government projects, security, the building of infrastructure, salaries for civil servants and other projects.’
| Lots and lots of civil servants. |
 The projects include an industrial zone in the northern West Bank town of Jenin to be constructed with German assistance and processed food and packaging plants in Jericho to be built in a partnership with Japan, he added.
| How long after they open before Hamas loots them? |
The requests will be made at a donor conference on December 17 aimed at providing economic support for the Middle East peace process relaunched last month in the United States.
| The do-gooders are at it again. "Why if we just give them stuff and help their economy then the Paleos will give up their struggle and settle into suburban life!" Whereas the rat-bags in Hamas, IJ and the rest of the looney bin have already told us what they want -- all the land and all the Jooooz dead. And they have a track record of busting up stuff -- why not, they certainly didn't pay for it. |
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