Assyrian Horn: World Bank Gives Palestinian Authority $64 Million

Sunday, December 6, 2009

World Bank Gives Palestinian Authority $64 Million

The headline didn't sound terrible (although it certainly didn't sound wise), but read the rest below:

Associated Press: The Palestinian Authority on Sunday signed an agreement with the World Bank and other donors for $64 million to help it prepare for statehood.

World Bank official Shamshad Akhtar says the goal was to boost Palestinian Prime Minister Salam Fayyad's plan to set up institutions for a state within two years, though talks with Israel are stalemated.

My Comments: Hmmm... Talks with Israel are at a stalemate, yet they are making preparations for a Palestinian State, including the establishment of "institutions". I'm sure the financing couldn't have anything to do with the EU wanting to create the Palestinian State without regard to Israel. Totally coincidental...

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Sunday, December 6, 2009

World Bank Gives Palestinian Authority $64 Million

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