Saturday, Oct. 10
Latest News
  1. Palestinian shot dead after alleged stabbing attack near Damascus gate
  2. Palestinian shot dead in Shufat clashes overnight
  3. Jihad Salem Ubeid, 22, dies from Gaza demo injuries
  4. 2 killed, 19 injured as Israeli forces open fire at Gaza demo
  5. Palestinian woman shot, injured after stabbing Israeli in Afula
  6. Israeli stabs, injures 4 Palestinians in Dimona
  7. Army: Israeli moderately injured in Afula stab attack by Palestinian
  8. Israeli forces kill Palestinian in Shufat refugee camp raid
  9. Clashes erupt at Bethlehem's northern entrance
  10. Police: Israeli soldier stabbed in Tel Aviv
  11. Police: Palestinian detained after Israeli stabbed in Jerusalem
  12. Israeli media: Palestinian shot near Jerusalem after car attack
  13. Police: Palestinian stabs Israelis in Petah Tikva, arrested at scene
  14. 84 Palestinians injured by rubber bullets in West Bank clashes
  15. Israeli forces raid home of Jerusalem stab suspect
  16. Reports: Palestinian killed after stabbing soldier in Kiryat Gat
  17. Israeli media: Palestinian shot dead after stabbing Israeli
  18. 2 Palestinians sustain injuries in Dar Salah clashes
  19. Residents of Majdal Bani Fadil prevent settler attack overnight
  20. Jordan MP's son 'carried out Iraq suicide attack'

PA: Austerity measures to continue

March 19, 2012 2:48 P.M. (Updated: March 20, 2012 12:23 P.M.)
BETHLEHEM (Ma’an) -- The Palestinian Authority will continue with its austerity plan in order to reduce the ongoing financial crisis, an official said Monday.

"Austerity measures will continue, and if donor countries will not fulfill their pledges, the PA will take further austerity steps to try and reduce effects of the crisis," adviser to PA premier Salam Fayyad Omar al-Ghoul told Ma'an.

"If donor countries do not fulfill their financial pledges, the PA’s financial crisis and budget deficit will intensify," he added.

The budget deficit stands at is $1.1 billion, al-Ghoul said, adding that he hopes an upcoming donor meeting in Brussels will make decisions to ease the crisis.

"Civil servants’ salaries will not be disrupted at all," al-Ghoul said.

"On behalf of myself, and on behalf of the prime minister, I say that salaries will not be disrupted. In contrast, prime minister Fayyad is working toward improving salaries to cope with the high cost of living."

Part of the current crisis is due to the situation in the Gaza Strip, as 57 percent of the PA's budget goes to the coastal enclave, al-Ghoul said.

"Hamas leaders who staged the coup in Gaza are not interested in any commitment to the PA. On the contrary, the policy of dependence on smuggling tunnels in Gaza is resulting in huge cuts in revenues and taxes to the PA."
Powered By: HTD Technologies
Ma'an News Agency
All rights reserved © 2005-2015