Thursday, December 15, 2005

INT'L DONORS DENY PA EXTRA FUNDS

International Donors Deny Extra Funds to PA - Hilary Leila Krieger (Jerusalem Post)
The PA was denied extra funds at Wednesday's donor conference in London because it failed to adhere to spending limitations, according to Israeli and international sources at the meeting. The PA had hoped to use the meeting to secure additional money, but the donors expressed concern that the Palestinians had exceeded their budget on payroll and weren't inclined to provide more funds. A World Bank study reported that the PA has been running a monthly deficit of $57 million, accumulating a total deficit of $542 million through September.

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