Saudi Arabia to give $250 million to PA

Palestinian finance minister renews his calls for Israel to release frozen tax funds.

By JPOST.COM STAFF
May 2, 2007 09:24
Saudi Arabia to give $250 million to PA

Salam Fayad 298.88. (photo credit: AP [file])

Saudi Arabia is expected to donate 250 million dollars to the Palestinian Authority, PA Finance Minister Salaam Fayad said Wednesday. According to Fayad, the PA has yet to find a method to adhere to the international community's demand that funds are transferred to the Palestinian Liberation Authority's bank account, Israel Radio reported. The Palestinian finance minister renewed his calls for Israel to release frozen tax funds.


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