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Europe Daily Bulletin No. 13465

1 August 2024
EXTERNAL ACTION / Middle east
EU pays first tranche of its emergency financial support of €150 million to Palestinian Authority
Brussels, 31/07/2024 (Agence Europe)

On Wednesday 31 July, the European Union disbursed the first tranche of short-term emergency financial support of €150 million to the Palestinian Authority (see EUROPE B13457A1).

Of this sum, €58 million in grants, through the PEGASE mechanism, will help pay salaries and pensions of West Bank civil servants and support vulnerable families. The remaining €92 million will come from the European Investment Bank through a credit line to the Palestine Monetary Authority.

Subsequent...

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