BETHLEHEM (Ma'an) -- Kuwait donated $50 million to the Palestinian Authority on Wednesday, the World Bank said in a press statement.

The funds will go towards the World Bank coordinated Palestinian Reform and Development Plan, supporting economic reforms and helping the PA deliver social services amid its current budget crisis.

"The State of Kuwait considers the budget support to the PA crucial in order to ensure the social and economic well-being of its citizens," Sheikh Salem Abdullah Al-Jaber Al-Sabah, Ambassador of Kuwait in Washington, said.