Britain backs PNA budget with 246 million dollars

07:18, February 11, 2010      

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Britain and the Palestinian National Authority (PNA) signed on Wednesday a cooperation agreement, under which the British government will assist the PNA budget with 246 million U.S. dollars.

Palestinian Prime Minister Salam Fayyad and the British Minister of Development Douglas Alexander signed the agreement in Ramallah, Fayyad's office said in a press statement sent to reporters.

"The major goal of the grant is to organize the process of the aid's supply to the Palestinian National Authority," Fayyad said in the statement, adding "the grant includes timetables for supporting the Palestinian budget."

He added that it is the first time that such kind of an agreement is signed between the PNA and one of the major donor countries like Britain, adding that donors had always offered grants that support Palestinian economy and development.

"The PNA has granted a campaign for development and reforms for the year 2010 and called it the campaign for ending the occupation and establishing the Palestinian statehood," said Fayyad.

The PNA, which basically lives on international donations, is calling on the international community to help in establishing an independent Palestinian state on the territories Israel had occupied during the 1967 Arab-Israeli war.

"The donor countries expressed commitment to keep aiding the Palestinian National Authority during Paris Conference of Donors held in France in 2007," said Fayyad.

However, he said that despite the donors' commitment, "we still have a problem that we faced over the past three years, which is sending these donations on time."

"Today's agreement sets up the amounts and the dates, which is a typical example that could be followed by other donor countries, " Fayyad added.

Source: Xinhua
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