اجعلنا صفحة البداية RSS خدمة Add to favorite Facebook Twitter

Advanced

PA: Austerity measures to continue
Published Monday 19/03/2012 (updated) 20/03/2012 12:23
Font- Font+
(MaanImages/file)
BETHLEHEM (Ma’an) -- The Palestinian Authority will continue with its austerity plan in order to reduce the ongoing financial crisis, an official said Monday.

"Austerity measures will continue, and if donor countries will not fulfill their pledges, the PA will take further austerity steps to try and reduce effects of the crisis," adviser to PA premier Salam Fayyad Omar al-Ghoul told Ma'an.

"If donor countries do not fulfill their financial pledges, the PA’s financial crisis and budget deficit will intensify," he added.

The budget deficit stands at is $1.1 billion, al-Ghoul said, adding that he hopes an upcoming donor meeting in Brussels will make decisions to ease the crisis.

"Civil servants’ salaries will not be disrupted at all," al-Ghoul said.

"On behalf of myself, and on behalf of the prime minister, I say that salaries will not be disrupted. In contrast, prime minister Fayyad is working toward improving salaries to cope with the high cost of living."

Part of the current crisis is due to the situation in the Gaza Strip, as 57 percent of the PA's budget goes to the coastal enclave, al-Ghoul said.

"Hamas leaders who staged the coup in Gaza are not interested in any commitment to the PA. On the contrary, the policy of dependence on smuggling tunnels in Gaza is resulting in huge cuts in revenues and taxes to the PA."
Print
1 ) southparkbear / usa
19/03/2012 16:32
i won't believe it till i see the picture in reverse

2 ) Austerity / Measures
20/03/2012 18:24
Palestinians in Gaza are spending too much money on rockets and weapons. May be they should spend some of those money on electricity to shorten blackouts? They also can consider starting to work to earn some money - they will also be able to spend that money on electricity to shorten blackout even further. See - I have a good plan to provide more electricity to Gaza. I doubt that palestinians would accept my plan because they want everything for free and want to keep their rockets.
Name Country
Comment
Characters
Note: Comments will be reviewed for appropriate content. Click here for more details.

Share/Bookmark

Official: UN exerting efforts to solve Gaza salary crisis
Gaza cleaning workers suspend strike action
Official: Donors pledge to 'quickly contribute' to reconstruction

Close Next Previous
All Rights Reserved © Ma'an News Agency 2005 - 2014