Monday, 6 Apr 2020

KSA Supports Palestinian Authority’s Budget with $ 60 Million

Cairo, The Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), has remitted $ 60 million to the Palestinian Ministry of Finance's account.

This sum of the Kingdom's financial contribution to support the Palestinian Authority's budget is allocated to the months of August, September and October 2018 by $ 7.7 million per month, totaling $ 23.1 million, along with its additional contribution of $ 37 million as donation.

Saudi Ambassador to the Arab Republic of Egypt and the Permanent Representative of the Kingdom of Saudi Arabia to the Arab League, Osama bin Ahmed Nugali stressed in a press statement that the Kingdom will continue to support the Palestinian cause at various political, economic and humanitarian levels.

Source: Saudi Press Agency

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