Saudia Arabia, Palestinians to discuss aid to plug deficit

Thursday, February 02, 2006 |    

Saudi Arabia will begin talks with the Palestinian Authority to discuss how the PA can plug its $1.2 billion deficit. “We expect the Saudi government to continue to stand by the Palestinian people as it has always done in the past, before there was a (Palestinian) authority,” one Palestinian diplomat said. Israel halted tax payments to the PA after the Hamas victory last week. Saudi Arabia and Qatar will provide the PA with $33 million in emergency aid to make up the difference. Talks will take place in the Saudi capital of Riyadh.

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