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EU releases 252 million euros in aid for Palestinians

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To support the Palestinian Authority’s health and education programmes and to offer services to their refugees in the middle east, EU has released 252 mn Euros($274 millions).

  • The aid will help Palestine become prepared for a more accountable and democratic state in the future. It is the first part of the 2016 aid package.

Palestine

Highlights:

Palestine is a partially recognized state in the middle east. EU has been committed to the provide aid though the mechanism PEGASE (Mécanisme Palestino-Européen de Gestion de l’Aide Socio-Economique) through which the EU helps the Palestinian Authority build the institutions of a future independent Palestinian state.

  • Through the payment of pensions and civil servants’ salaries, it ensures that essential public services keep operating.
  • PEGASE also provides social allowances to Palestinian households living in extreme poverty and a contribution to pay the Palestinian Authority’s bills due to East Jerusalem hospitals.

European Union

  • Founders: France, Italy, Germany, Belgium, Luxembourg, Netherlands
  • Founded: November 1,1993
  • Headquarters: Brussels, Belgium
  • Consists of 28 European nations

Other Facts:

  • Capital of Palestine: Ramallah
  • Currency: Jordanian Dinar/Egyptian Pound
  • President: Mahmoud Abbas
  • Prime Minister: Rami Hamdallah