Qatar Provides Interest-Free Loan To Palestine For Recovery Efforts


On Wednesday of last week, the Qatar Development Fund (QDF) and the Palestinian authorities consented to an arrangement that would give the Palestinian government an interest-free loan, totaling one hundred million US dollars, for the formative needs of the Palestinian government.

Qatar News Agency (QNA) reported that Qatar Development Fund’s General Manager, Khalifa Jassim Al-Kuwari, signed for the Qatari side while Chief Negotiator of the Palestinian Authority, Dr. Saeb Erekat, signed for the Palestinian side.

The fund, which will be received by the Palestinian power in one installment, was confirmed coinciding with the visit of Palestinian President, Mahmud Abbas, to Doha. Erekat, on behalf of Abbas and the people of Palestinian, expressed gratitude toward the Emir, the government and people of Qatar for their support during the Palestinian problems in the monetary field, as well as in the political, strategic and media-related fields, and for empowering the Authority to proceed with its endeavors to safeguard Palestinian citizens. He said that Qatar was the first state to help in the re-construction, after the annihilation by the Israeli “war machine” in the Gaza Strip


SOURCE: The Anti-Media

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