Saudi Arabia Transfers $60 Million to Palestinian Treasury

Cairo, MINA – Saudi Arabia announced Wednesday that it has transferred $60 million to the Palestinian Finance Ministry, WAFA reported.

The Saudi ambassador to Egypt, Osama bin Ahmed al-Nugali, said in a statement that the $60 million, transferred from the Saudi Development Fund, makes up its monthly contribution to support the Palestinian Authority’s budget for November and December 2018 as well as January 2019.

He affirmed that this contribution is part of his country’s permanent support to the Palestinian question at the political, economic and humanitarian levels.

Previously, According to Al-Jazeera, Saudi King Salman has said his kingdom is committed to an independent Palestinian state with East Jerusalem as its capital before a United States-led conference on Middle East peace and security.

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The Saudi monarch was speaking on Tuesday during a meeting with visiting Palestinian president Mahmoud Abbas in the capital, Riyadh.

King Salman said his country “permanently stands by Palestine and its people’s right to an independent state with the occupied East Jerusalem as its capital,” reported the official Saudi Press Agency.(T/R04/P2)

Mi’raj News Agency (MINA)