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August 1, 2008       Share:    

Source: http://www.jpost.com/servlet/Satellite?cid=1215331162414&pagename=JPost%2FJPArticle%2FShowFull

PA Appeals to World Bank for Cash to Pay Salaries

[Jerusalem Post ] Khaled Abu Toameh - PA Prime Minister Salaam Fayad has asked the World Bank for emergency funding so that he can pay salaries to PA employees, PA officials in Ramallah said Wednesday. The Palestinian Economic Council for Development and Reconstruction said this week that the PA had received only $900 million of the $7.7b. promised during the December 2007 Paris Donors' Conference. PA officials said, "Most of the Arab countries are now setting conditions for providing us with financial aid. Some are saying that they will give us the money only after we end our differences with Hamas, while others are suddenly talking about the need for reforms and transparency."

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