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[AP/Ha'aretz] The Palestinian Authority faces a serious cash crisis after receiving only half of the aid money it needs to function every month, the International Monetary Fund said Monday, blaming delinquent Arab donors. The PA needs $120 million in aid monthly but is receiving only $66 million. European countries and the U.S. have largely fulfilled their aid pledges, economists said, while Arab countries have sent only a quarter of the amount they promised. 2009-06-02 06:00:00Full Article
IMF Blames Arab Donors for Palestinian Cash Crisis
[AP/Ha'aretz] The Palestinian Authority faces a serious cash crisis after receiving only half of the aid money it needs to function every month, the International Monetary Fund said Monday, blaming delinquent Arab donors. The PA needs $120 million in aid monthly but is receiving only $66 million. European countries and the U.S. have largely fulfilled their aid pledges, economists said, while Arab countries have sent only a quarter of the amount they promised. 2009-06-02 06:00:00Full Article
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