Wednesday, August 24, 2011

Fatah official: PA in financial crisis

Maan News Agency:
RAMALLAH (Ma'an) -- The Palestinian Authority is in a serious financial crisis because donors are not honoring their commitments, senior Fatah official Mahmoud Al-Aloul said Tuesday.

The central committee member said international donors were withholding funds to pressure the PA over political issues.

"The pressure is linked basically to the political matter."

The Palestinians plan to present a bid for UN membership on Sept. 20, when world leaders begin gathering in New York for the 66th session of the General Assembly.

The move is strongly opposed by the US and Israel.

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