Wednesday, Sept. 02
Latest News
  1. Palmyra temple destruction a 'crime against civilization'
  2. Saudi-led coalition air strikes in south Yemen kill 20
  3. Lebanon police ejecting protesters from ministry
  4. Libya car bomb wounds one, damages office of Eni firm
  5. UN envoy to meet with Libya's Tripoli parliament ahead of talks
  6. Border agency: Migrants using fake Syrian passports to enter EU
  7. Migrant trains arrive in Austria as crisis deepens
  8. Turkish court arrests British journalists on terror charges
  9. Locals: Boko Haram kills nearly 80 in NE Nigeria villages
  10. Austria smuggler crackdown as Europe divided over migrant crisis
  11. 'Largest ever' Med gas field found off Egypt
  12. Egypt muezzin suspended over 'Facebook prayer call'
  13. 3 Canadians, Pakistani, Nigerian among dead in Saudi fire
  14. 'A Sinner in Mecca' documents gay Muslim pilgrimage
  15. A year on, Yazidis so close yet so far from Iraq hub
  16. Delayed Egypt elections to start on October 17
  17. Blast at Syria's Palmyra prompts fears for famed temple
  18. 11 dead, dozens hurt in fire at Saudi oil giant housing complex
  19. Red Crescent: 7 bodies wash up on Libya beach
  20. Egypt elections to start on October 17

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