Today: 15 April 2025
8 December 2021
1 min read

Palestine PM: Algeria grant $100 million to support alliviate financial crisis

Palestinian Prime Minister Mohammed Ishtaye has said that Algeria’s grant of $100 million to support the Palestinian Authority’s budget will help ease the financial crisis it is going through…reports Asian Lite News

In a press statement sent to Xinhua, Ishtaye on Tuesday said that Algeria’s support will alleviate the financial crisis that the Palestinian treasury suffers from Israel’s illegal withholding of the tax revenue dues and the sharp decline in international donations.

He expressed his gratitude to Algeria’s President, government, and people for providing financial support and granting scholarships to Palestinian students in Algerian universities.

Palestine PM: Algeria grant $100 million to support alliviate financial crisis

“We are confident that the Palestinian cause will be a top priority for the upcoming Arab summit in Algeria, which is keen on Palestine and its unity,” said Ishtaye.

Ishtaye called on the Arab countries to provide financial and political support, which the Palestinian people and the authority need to overcome the current difficult situation.

At a joint press conference with visiting Palestinian President Mahmoud Abbas on Monday, Algerian President Abdelmadjid Tebboune said that Algeria decided to grant Palestine a financial contribution of $100 million.

ALSO READ: Algeria to host inclusive meeting for Palestinian factions

Tebboune said that Algeria will soon host an inclusive meeting for all Palestinian factions.

The Palestinian factions expressed their welcome to Tebboune’s initiative for achieving internal Palestinian unity and ending the political and geographical division.

Previous Story

Sharjah Expo Centre receives high-level diplomatic delegation from Kyrgyzstan

Next Story

Meta launches new office for Indian entrepreneurs

Latest from Arab News

GAZA KILLINGS: War Crime?

Mobile Phone Footage Casts Doubt on Israeli Account of Ambulance Attack in Gaza Newly surfaced mobile phone footage has raised serious questions about the Israeli military’s justification for opening fire on a

GCC condemns Israeli airstrikes in Syria

GCC SG Jasem Mohamed Albudaiwi affirmed that these airstrikes represent a continuation of efforts by the Israeli occupation forces to undermine and destabilise regional and international security Secretary General of the Gulf

Pakistan Day celebrated in Oman

On the occasion of Pakistan Day on March 23, a grand ceremony was held at the Embassy of Pakistan in Muscat, Oman.  The ceremony began with the recitation of the Holy Quran
Go toTop

Don't Miss

Iran-Saudi talks in limbo

The Iranian side has “unilaterally and temporarily” suspended the talks

Palestinian official: Israel impedes reconstruction in Gaza

A senior Palestinian official has accused Israel of impeding the