Arab Funding For Palestinian Authority Down 85% In 2020

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Arab aid for the Palestinian Authority plummeted by 85 percent in 2020, the New Arab reported Wednesday.

According to the report, while in the first seven months of 2019, Ramallah received $267 million from Arab states, this year’s figure was a mere $38 million.

Coupled with a slump in other foreign funding, this has resulted in PA’s coffers shrinking by some 70 percent, the report adds.

While the decline comes amid the COVID-19 coronavirus pandemic, the New Arab reports that PA officials suspect it could be linked with the recent normalization accords between Israel and two Arab states.

Read more at i24NEWS.

{Matzav.com}

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