The Arab League reaffirms a pledge to pay $100 million a month to the Palestinian Authority, a day after Washington unveiled its Middle East peace plan.
Arab finance ministers meeting in Cairo renewed a promise first made in April to boost “the Palestinian Authority’s budget with a $100 million monthly transfer… as it faces financial burdens,” a statement says.
They also insist, in an implicit rebuke to the White House’s economic plan, on the “complete Arab support to the Palestinian state’s economic, political and financial independence.”
Yesterday, the United States said its Middle East peace plan to be presented this week in Bahrain aims to raise more than $50 billion for the Palestinians and create one million jobs for them within a decade.
The so-called “Peace to Prosperity” plan is led by US President Donald Trump’s son-in-law and adviser Jared Kushner.
The Palestinian Authority is boycotting the Bahrain two-day Bahrain conference that opens on Tuesday, charging that pro-Israel Trump is seeking to buy off the Palestinians and deprive them of an independent state.