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World Bank transfers $72.2m to PNA for economic reformsThursday 5 September 2013 11:10 CEST
The World Bank has transferred $72.2 million to the Palestinian National Authority (PNA). The money comes from the Palestinian multi-donor trust fund for reform and development plan.
The World Bank said in a statement that these funds, contributed by the governments of Kuwait, Australia, and the United Kingdom, will help support the urgent needs to balance the Palestinian National Authority, which provides support for education, health care, social and other vital services.
These services are to be provided to the Palestinian people, and for the economic reforms currently under way.
The Italian government announced Wednesday that it will donate 60 million euros to the Palestinian Authority over a three year period.