Last minute

France New York Palestine Saudi Arabia Mohammed bin Salman Amman Riyadh Salman bin Abdulaziz Mansour bin Khalid bin Farhan Estephan Salameh Hussein al-Sheikh

Saudi Arabia Backs Palestinian Treasury with $90 Million

BAKU, Azerbaijan, December 2. Saudi Arabia presented on Monday the Palestinian treasury with new financial support in the form of $90 million as part of the Kingdom’s ongoing backing of the Palestinian government in 2025, TurkicWorld reports via Asharq Al-Awsat.

The new tranche was presented by Saudi Ambassador to Jordan Prince Mansour bin Khalid bin Farhan to Palestinian Minister of Planning and International Cooperation Dr. Estephan Salameh at the Saudi embassy in Amman.

Prince Mansour said the latest support is part of the Kingdom’s keenness on supporting the Palestinian government and enabling it to meet its financial commitments.

He underlined the importance of bolstering the Palestinian people’s resilience, easing their suffering against economic and humanitarian challenges and supporting vitals sectors, especially health and education.

He underscored Saudi Arabia’s firm and historic commitment in supporting the Palestinian people and their just and legitimate right in the establishment of an independent state. He noted Riyadh’s efforts to that end through its chairing with France in July of the high-level international conference in New York in support of the Palestinian cause and the implementation of the two-state solution.

Palestinian Vice President Hussein al-Sheikh expressed his gratitude to Saudi Arabia, under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Prince Mohammed bin Salman, Crown Prince and Prime Minister, for supporting the Palestinian treasury.

In a post on the X platform, he said the latest grant will help tackle economic and financial challenges facing the Palestinians.

He also expressed his appreciation for the Kingdom’s firm stance in supporting the Palestinian people and their legitimate rights.

Salameh, for his part, hailed Saudi Arabia’s support, underlining its importance in easing the economic crisis endured by Palestine due to the latest Israeli policies.

Related articles