RAMALLAH: The European Union (EU) has provided US $18.8 million to the Palestinian authority to help it pay October’s salaries and pensions for staff in the health and education sector, according to a statement on Wednesday.
The money was already transferred to the Palestinian ministry of finance, the EU office in Palestine said in the statement.
The Palestinian authority is suffering from a financial crisis and is close to a “breaking point,” a United Nations official has recently said.
The income of the Palestinian authority has been hit by Israel deducting some of the tax revenues it collects on behalf of the PA. Israel has said the money is used to pay stipends to the families of killed Palestinians and certain prisoners.
