RealNews

Palestinians in financial crisis despite Arab aid promises

Arab countries have vowed to plug a gaping hole in the Palestinian budget after EU and US aid suspensions to the Hamas-led government, but analysts doubt such promises will come close to filling the shortfall. Fearing a spiralling crisis, Arab League Secretary General Amr Moussa Tuesday called on all Arab governments and institutions to speed up their financial aid to the Palestinians and even opened an account in a Cairo bank to receive donations. Full Story

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