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PA: Iraq will contribute to 'Arab safety net'
Published Sunday 20/01/2013 (updated) 24/01/2013 20:34
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RAMALLAH (Ma’an) -- Iraq has pledged to contribute to the "Arab safety net" of monthly donations to the indebted Palestinian Authority, PA foreign minister Riyad al-Malki said Sunday.

Iraq's foreign minister announced the country will pay into the safety net funds at the Arab Economic and Social Development Summit preparatory meeting on Sunday, al-Malki said.

The PA is cautiously optimistic that the two-day summit in the Saudi capital will result in more contributions. Al-Malki said he expects Qatar and Kuwait to also pay into the safety net.

Any Arab states that don't attend the Riyadh summit will be visited by PA premier Salam Fayyad to encourage their contributions, he said.

The Arab League last year pledged to cover $100 million in monthly expenses to the PA, when Israel seized tax revenues in the aftermath of the UN vote for Palestinian statehood.

Most members have still to pay, but an official said Saturday that Saudi Arabia has decided to contribute $20 million each month.

At the preparatory meeting in Riyadh, the Palestinian delegation briefed members on Palestine's continuing financial crisis, saying recent storms have increased its expenses after $100 million in property losses.

President Mahmoud Abbas is scheduled to arrived in Riyadh on Sunday to attend the summit.
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1 ) Mel / USA
20/01/2013 17:49
Anything and everything except citizenship for Pals.

2 ) Yehuda Solomon / Israel
21/01/2013 20:50
Despite the Palestinians' (overwhelmingly) successful effort at being upgraded to U.N. (Non-member) Observer State (explicitly recognizing them as a nation), I've consistently said it was very wrong for us to withhold their tax revenues to pay and settle the debts they owed to the Israel Electric Corp. The irony of this is that (apparently ?) this was necessary (?) for the donor Arab nations who PLEDGED financial aid to finally take their commitments seriously, GET OFF their butts and (cont.)

3 ) Yehuda Solomon / Israel
21/01/2013 20:55
START DOING IT !!!!!! In the meantime, as this money rolls in, the PA better set up a fully independent auditing/accounting office to be damn sure ALL the spending is fully, damn-well accounted for or it will end up in YOU-KNOW-WHO'S pockets !!!!!!

4 ) Avi Eeshai / Israel
27/01/2013 13:26
No wonder that Israeli Finance minster will cut off aid due the PA state recognition.
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