In The News


Saudis Will Give $100 Million to Palestinians

Saudi Arabia will give the Palestinian government in the West Bank $100 million to help alleviate a worsening budget crisis, the Palestinian Authority President’s office said on Wednesday, January 16, Reuters reported. President Mahmoud Abbas has struggled to convince Arab countries to deliver a $100 million monthly “safety net” they promised when he secured de facto U.N. recognition of a Palestinian state in November, prompting Israeli sanctions. Full salaries for public sector workers have not been paid in almost three months and government initiatives to increase revenue by collecting years worth of electricity and water bills from the public have been hampered by street protests. Also on Wednesday, the European Union announced some $133 million in annual assistance to the Palestinians and U.N. aid agencies servicing Palestinian refugees, in line with previous years.