ap

Skip to content
PUBLISHED:
Getting your player ready...

RAMALLAH, West Bank — The Palestinian Authority on Sunday signed an agreement with the World Bank and other donors for $64 million to help it prepare for statehood.

World Bank official Shamshad Akhtar said the goal was to boost Palestinian Prime Minister Salam Fayyad’s plan to set up institutions for a state within two years, though talks with Israel are stalemated.

The World Bank will administer the project, with part of the funding coming from Sweden, Denmark and the German development bank.

RevContent Feed

More in News