Arab League wants to give Palestine a loan to cover the budget deficit

24 June 2019

 

Arab countries can give Palestine a soft loan to cover the budget deficit. This was stated by Said Abu Ali, Assistant Secretary General of the League of Arab States (LAS) on the Palestinian problem.

 

 


The possibility of issuing a loan was discussed at an emergency meeting of finance ministers of LAS.

 

 


It is assumed that Palestine will be able to return the loans "after receiving the money from occupation authorities."

 

 


According to the Arab League, Palestinian budget deficit in 2019 is $ 700 million.

 

 

 

GSV "Russia - Islamic World"