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Monday, August 30, 2010

Salam Fayyad literally begs Arabs for money

Al Ahram has a sensationalist article that claims that in recent days, Palestinian Authority prime minister Salam Fayyad has been "crying" and begging Arab countries to help prop up the finances of the PA.

As opposed to Fayyad's public speech last week where he confidently predicted the PA's full financial independence by the end of 2013, in private he has been intensely lobbying and begging members of the Arab League to pay up on their pledges, saying that the PA coffers are empty. The article says that he is writing letters to the Arab leaders with "blood and tears" in his desperation for cash.

The Arab League had pledged some $55 million monthly to the PA and has largely not paid up on those pledges.

Al Ahram also says that of the $500 million pledged in March to strengthen Arab and Muslim institutions in Jerusalem, not a dollar has ever materialized.

According to the article, the US and the EU have "closed off the taps" a few weeks ago in order to pressure the PA to agree to direct negotiations with Israel. I have not seen confirmation of that anywhere else.