BREAKING NEWS

Abbas to build homes for prisoners released for Schalit

NOVEMBER 5, 2011 21:08

Palestinian Authority President Mahmoud Abbas has decided to build houses for the Palestinian prisoners who were released in the Gilad Schalit exchange deal between Israel and Hamas.

The new housing project will be funded by the Palestinian Investment Fund, the Palestinian news agency Wafa reported. The PIF was established in 2003 as an independent investment company with the aim of strengthening the Palestinian economy through key investments.

The announcement came during a meeting between Abbas and some of the released prisoners in his office in Ramallah on Saturday.

Earlier, Abbas decided to award the prisoners financial grants of several thousand dollars for each inmate.

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