05-05-2024 07:51 AM Jerusalem Timing

Arab League Chief Arrives in West Bank

Arab League Chief Arrives in West Bank

Arab League chief Nabil al-Arabi arrived in Ramallah on Saturday and would be joined by 10 Arab foreign ministers in a visit to the West Bank

Arab League chief Nabil al-Arabi arrived in Ramallah on Saturday and would be joined by 10 Arab foreign ministers in a visit to the West Bank, according to the Palestinian Authority's diplomatic head Riyad al-Malki. Al-Arabi

Palestinian negotiator Saeb Erakat said last week he expected the League would imminently pay the first installment of a promised fiscal "safety net" of $100 million, as it had promised in the event of Israeli financial sanctions.
 
On December 2, the Zionist entity said it would not transfer tax and tariff funds it collects for the Palestinians this month in response to their successful bid for upgraded UN status to observer state.
  
Every month, the occupying entity transfers about $120 million (92.7 million euros) in customs duties on goods destined for Palestinian markets that transit through Israeli ports, and which constitute a large percentage of the Palestinian budget, according to AFP.