Quartet Stresses Financial Aid to Palestinians

WASHINGTON, April 11, 2012 (WAFA) – The international Quartet on Middle East peace called following its meeting in Washington on Wednesday for continued financial aid to the Palestinian Authority in the amount of $1.1 billion for 2012.

A statement issued following a meeting for the Quartet principals – United Nations Secretary General Ban Ki-moon, Russian Foreign Minister Sergey Lavrov, United States Secretary of State Hillary Clinton and European Union foreign policy chief Catherine Ashton – urged donor countries to help the Palestinians overcome their financial crisis.

The Quartet “underscored the need for continued international support for the Palestinian Authority’s important institution-building efforts,” said the statement.

“The Quartet encouraged the Palestinian Authority to continue working toward this end. In this regard, the Quartet called on the international community to ensure the contribution of $1.1 billion in assistance to meet the Palestinian Authority’s 2012 recurrent financing requirements,” it added.

The Quartet urged the Palestinians and Israelis to resolve as soon as possible outstanding issues related to tax and customs revenue collection.

Israel collects every month around $100 million in taxes and customs on good destined to the Palestinian Territory, which the Palestinian Authority uses mainly to pay salaries and other expenses. Israel often threatens to suspend transfer of these funds to punish the PA for any act it undertakes to the dislike of Israel.

Source WAFA News