***
The Palestinian Authority is currently undergoing a serious
financial crisis. Abbas and Fayyad have been
begging
for money for quite some time now in order to alleviate the crisis, however, they are getting nothing beyond pledges.
In an interview with the
Associated
Press, Salam Fayyad says that the recent financial troubles for the PA have been caused “solely”
as a result of the failure of Arab states to fulfill their pledges to the
Palestinian Authority.
The Palestinian self-rule government is close to being
"completely incapacitated," largely because Arab countries haven't
delivered hundreds of millions of dollars in promised aid, Palestinian Prime
Minister Salam Fayyad said in an interview with the Associated Press Sunday.
…Fayyad said his budget deficit has widened in recent years,
blaming Arab states that broke aid promises.
"The financing problem that we've had in the last few
years is solely due to some Arab donors not fulfilling their pledge of support
in accordance with Arab League resolutions," Fayyad said. European
countries kept all their aid commitments and the U.S. honored most, with the
exception of $200 million held up by Congress last year, he added.