| Submit your comments on this article | ||
| Israel-Palestine-Jordan | ||
| Arabs Offer Palestinians $100m A Month | ||
| 2012-12-10 | ||
[Ynet] Arab states agree to provide Paleostinian Authority with $100 million monthly 'financial safety net' after Israel freezes tax payments
... a graduate of the prestigious unaccredited Patrice Lumumba University in Moscow with a doctorate in Holocaust Denial... 's government cope with an economic crisis after the United Nations ...an organization whose definition of human rightsis interesting, to say the least... granted de facto statehood to Paleostine. Israel has responded to the Nov. 29 UN vote by ordering 3,000 Jewish settler homes be built in the West Bank and announced it would hold back payments of customs duties it collects on behalf of the Paleostinians to pay an outstanding electricity bill. In a statement issued on Sunday after a meeting in Doha, Arab foreign ministers called for the "immediate implementation" of a resolution passed at an Arab summit in Storied Baghdad ...located along the Tigris River, founded in the 8th century, home of the Abbasid Caliphate... in March, which called for the provision of a $100 million monthly safety net. But the statement did not give details of how the money would be paid or who would pay.
The World Bank and the International Monetary Fund said in September that a gathering crisis in the Paleostinian economy will worsen unless foreign funding increases and Israel eases long-standing curbs on development. In a separate report, the World Bank also forecast a $1.5 billion Paleostinian budget deficit for 2012, with donor funds expected to cover only $1.14 billion of this shortfall. Last Thursday, the Paleostinian cabinet said at a meeting in the West Bank city of Ramallah that $240 million were needed every month to meet demands arising from the Israeli decision to stop customs revenues transfers and the failure of donors to transfer previously pledged funds. The Paleostinian Authority exercises limited self-rule in the West Bank and receives most of its aid from the United States, the European Union ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... and Arab states. But over the past several years there has been a shortfall in aid coming from Arab states resulting in the PA being unable to pay salaries to its 153,000 civil servants on time on several occasions. The administration has yet to pay November salaries following Israel's decision to withhold money transfers. The Arab ministers also called for convening of a donors conference to discuss ways to support the Paleostinian people in the West Bank and discuss reconstruction in the Gazoo Strip. Qatar's ruler, Sheikh Hamad bin Khalifa al-Thani, pledged $400 million to help develop Gazoo during a visit there in October. But recent fighting between Gazoo's Hamas, always the voice of sweet reason, rulers and Israel has caused further destruction to the territory, requiring more funds for reconstruction. | ||
| Posted by:trailing wife |
| #4 IOW, will Qatar, etc. end up paying Egypt US$400.00 Milyuhn since Gaza is Egyptian territory, + Cairo has not + is NOT willing to hand it over to the Paleos likely for a long long while yet - DITTO AS PER JORDAN + WEST BANK??? "PA" = NATIONAL/SOVEREIGN PALEO GOVT WID NO PHYSICAL NATION = ACTUAL TERRITORY TO CALL ITS OWN. |
| Posted by: JosephMendiola 2012-12-10 20:26 |
| #3 they already tried faking that once, tipper. they claimed there was a "palestinian pound" as a way of legitimizing their history. |
| Posted by: American Delight 2012-12-10 19:58 |
| #2 Qatar's ruler, Sheikh Hamad bin Khalifa al-Thani, pledged $400 million to help develop Gazoo during a visit there in October. Rumor is that this was a 'thank you' to Hamas for abandoning Assad. Of course this is a pledge so the money will be dribbled out slowly. |
| Posted by: lord garth 2012-12-10 15:46 |
| #1 The answer is simple. Instead of relying on the Israeli Shekel, Palestine should, as a newly minted UN state have its own currency. Then Palestine can run its printing presses 24/7 and they will never be short again. Print to eternity I say. And Allan knows best. |
| Posted by: tipper 2012-12-10 13:38 |