US$ 90 Million to Boost Palestinian Economic Opportunities and Livelihoods
In response to an increasingly difficult situation, the World Bank’s Board recommended today the allocation of US$90 million to accelerate much-needed economic welfare for the Palestinian people, an increase from its yearly disbursement of US$55 million. The funds, in the form of grants, will be transferred from the Bank’s own income to the dedicated Trust Fund for Gaza and West Bank.
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