Sunday, January 24, 2021
Elder of Ziyon
Al Resalah has an article about how the Palestinian Authority has been without a published budget for three years now, a situation that allows a great deal of corruption.
Instead, the PA has been creating "emergency budgets" which lack transparency.
In previous years, the budget was about $4.5 billion a year.
One stunning statistic in this article:
Grants and financial aid from Arab countries to the Palestinian budget declined by 81.5% on an annual basis during the first eight months of last year.Reports issued by the Ministry of Finance indicate that the total Arab support for the budget from the beginning of 2020 until last August reached $38.93 million.
That's less than 1% of the total budget!
A few years ago, Arab nations would routinely pledge hundreds of millions of dollars to the PA every year. As recently as April 2019, the Arab League pledged $100 million a month - $1.2 billion a year - to aid the Palestinian budget.
Clearly, they never even paid a single installment in 2020.
The Arab world has completely given up on the Palestinian Authority, just as the new administration is expected to give it a boost.
