Saudi Arabia Disburses $60Mln In Support For Palestinian Authority's Budget - Ambassador

Sumaira FH Published February 14, 2019 | 06:27 AM

The state-owned Saudi Fund for Development allocated $60 million to the Palestinian Finance Ministry in order to support the Palestinian Authority for the period between November and January, Osama bin Ahmed Naqli, Saudi Arabia's envoy to the Arab League, said

DOHA (UrduPoint News / Sputnik - 14th February, 2019) The state-owned Saudi Fund for Development allocated $60 million to the Palestinian Finance Ministry in order to support the Palestinian Authority for the period between November and January, Osama bin Ahmed Naqli, Saudi Arabia's envoy to the Arab League, said.

"Saudi Arabia has been supporting the Palestinian cause on various levels in the political, economic and humanitarian areas," Naqli, who is also the country's ambassador to Egypt, said, as quoted by the state-run Saudi Press Agency.

Palestinians have been engaged in a conflict with Israel for years.

The international community has made an effort to settle the conflict on various platforms. Particularly, on Thursday and Friday, Warsaw will host a US-sponsored conference on the middle East, during which the Israeli-Palestinian conflict is expected to be discussed.

While Saudi Arabia has said it would participate in the summit, the Palestinian Authority has expressed fear that the meeting would introduce US President Donald Trump's "deal of the century" for the Israeli-Palestinian conflict settlement, which Palestinian officials believe is aimed at abandoning the Palestinian cause.

In a separate news article, the Saudi Press Agency reported that on Wednesday, King Salman bin Abdulaziz Al Saud, inaugurated several projects, worth 82 million Riyals (nearly $22 million), dedicated to the development of the kingdom's capital Riyadh.

However, the agency had not specified what projects had received the funding.

The inauguration ceremony was reportedly attended by Saudi Crown Prince Mohammed bin Salman, who has recently been promoting economic and social reforms in the kingdom.