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Israel-Palestine-Jordan
World Bank grants $40 million to Palestinian Authority
2008-06-11
Palestinian caretaker Prime Minister Salam Fayyad signed an agreement with the World Bank today for the transfer of $40 million in budget support for the Palestinian Authority. The Bank says the grant falls in the framework of Fayyad's Palestinian Reform and Development Plan (PRDP).

Fayyad, who was appointed as prime minister in 2007, worked for the World Bank in Washington, DC from 1987 to 1995. The World Bank said that budget support is a central component of ongoing World Bank efforts to support the PRDP, which was presented to the international donor community in Paris in December 2007.

An additional $110 million have been disbursed since April 2008 to the Palestinian Authority's (PA) Central Treasury Account through the PRDP Trust Fund (PRDP-TF), to which Norway, the UK, Australia, Finland and France have contributed, the Bank said. "This grant aims to support the PA's efforts to accelerate the implementation of reforms described in the PRDP, especially those aimed at strengthening its fiscal position and improving public financial management," said David Craig, World Bank Country Director for the West Bank and Gaza. "These reforms are critical for continued international donor support and will serve as fundamental building blocks of the future Palestinian State," he further added.
Posted by:Fred

#9  Well said, JFM, and exactly right.
Posted by: Chinegum McGurque5166   2008-06-11 22:49  

#8  Jizya
Posted by: tipper   2008-06-11 19:19  

#7  Bravo JFM!
Posted by: ed   2008-06-11 12:12  

#6  Golda Meir said: "There will be no peace until they love their children more than they hate us".

Wrong!

There will no peace until the Westen countries stop subsidizing the Palestinians.


Our subsidizing has ahas as aconqsequences:

1) Palestinians don't need to work or develop their country. They can put all their efforst on terrorism. All the money we give baseides basic needs goes to terrorism. In fact the HAmas-OLP people have an interest in Paleos having no other perspective and nothing else to do than terrorism. that is why they destroyed the greenhouses.

Cutting international funding would be a big step for peace

2) A Palestian woman said: "I want to have plenty of children and them becoming suicide bombers". This kind of things work because we pay for their upbringing. If Paleos had to pay for the upbringing of their children they would have less of them. Less children means that everyone of them has more value and vcannot longer be considered as expendable ammunition.

3) Our money is being used for making an, education system who teaches not marketble skils but brainwashes Palestinin children from a so tender age as three into a genocidical hate who has no precedents. Not even in the Nazi era. We cannot hope there will ever be peace if we continue to subsidize this schol of genocide.

4) Arab countries have cynically expelled towards Gaza and trhe WXest Bank those Palestinians who wanted to live from their work instead of from our money. "So they don't forget theirb identity" was the explanation. Read, so they never stop to try eradicationg Israel. They can do that becauise we will fund those additional refugees. Let's us place the bill at their doors. Either they pay and expalin to thir citizens what use it is given to their taxes or they don't and Palestinians will stop dreaming in Arab support to destroy Israel.

5) In every negotiation you need a mix of carrot and stick if you want the other side to mlake a deal and stick to it. The fact is that no matter what the Palestins do or don't, no matter how they renege what tehy have signed we continue paying. It means that they think they can continue theit terrorist war indefinitely. Indefintely until the destruction of Israel and the genocide of its inhabitants (cf above for the eduction to geniocide). We have to make them understand that no, they cannot indefinitely, that our patience is ending.


Posted by: JFM   2008-06-11 11:55  

#5  "This grant aims to support the PA's efforts to accelerate the implementation of reforms described in the PRDP, especially those aimed at strengthening its fiscal position and improving public financial management," said David Craig, World Bank Country Director for the West Bank and Gaza.

Thanks, David. See ya again in about six months...
Posted by: tu3031   2008-06-11 11:50  

#4  Not a loan, a grant.
Might as well have flushed it down the toilet. 80% will go to "Administrative Fees", the rest will be spent on guns.
Posted by: bigjim-ky   2008-06-11 10:01  

#3  I wish the money really were going down the drain instead of leaking into the subfloor, rotting it, and attracting termites.
Posted by: Perfesser   2008-06-11 09:14  

#2  why? 'cause they need more $$$ for Katyushas.
Posted by: Intrinsicpilot   2008-06-11 02:14  

#1  why?
Posted by: 3dc   2008-06-11 01:15  

00:00