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US to send $148 million to PA

Aug. 18, 2013 4:42 P.M. (Updated: Aug. 20, 2013 3:20 P.M.)
RAMALLAH (Ma’an) – US consul general in Jerusalem Michael Ratney signed an agreement Sunday with Palestinian caretaker prime minister Rami Hamdallah upon which the US will pay the Palestinian Authority $148 million.

PA finance minister Shukri Bishara witnessed the ceremony along with the director of the United States Agency for International Development, David Harden.

Hamdallah applauded the US government for supporting the Palestinian people financially and noted that the latest grant would help Palestinian institutions continue to provide services to citizens.

Ratney, for his part, asserted that his country would continue to support the Palestinian people and the PA's efforts to develop state institutions.

In August, US President Barack Obama decided to waive restrictions set by Congress to allow sending money to the PA in order to bolster the Palestinian leadership after it resumed talks with Israel.

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