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World Bank presents $90 million donation to Palestine
Palestine-World Bank, Economics, 6/2/1998
The World Bank agreed yesterday to present a new donation to the Palestinian National Authority worth $90 million, specified for supporting projects in the West Bank and Gaza Strip.
Mohammed Ashtiba, the general manger of the Palestinian Economic Council for Development, confirmed that Palestinian President Yasser Arafat received a message from the World Bank over his approval of presenting the donation.
Ashtiba also said that the bank does not grant this donation except to independent countries, adding that the Palestinian government will soon start talks with officials in the World Bank to determine which projects will be implemented because of this donation.
Previous Stories:
Comprehensive report on Palestinian economy
(5/29/1998)
Palestinian authority's dues in Israel are about half billion dollar
(5/27/1998)
Bethlehem 2000 project is focus of international conference
(5/7/1998)
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