Saudi Arabia Grants PA $60M to Support Budget

CAIRO, October 11, 2015 (WAFA) – Saudi Arabia’s Ambassador to Egypt and permanent Representative at the Arab League, Ahmad Qattan Monday said the Saudi Fund for Development has provided the Palestinian Authority with a total of $60 million to cover support its budget for three months in 2015.

In a press conference, Qattan said this grant was made possible following a decision to increase Saudi Arabia’s monthly contribution toward PA’s budget from $14 million to $20 million.

He reiterated that Saudi Arabia will continue to support the Palestinian cause on all levels. The grant will cover PA’s expenses for July, August and September of 2015.