EU Contributes €19.2 Million to PA's May Salaries and Pensions

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PNN

On Wednesday 5th June, the European Union (EU) has contributed approximately €19.2 million to the payment of May's salaries and pensions of nearly 75,000 Palestinian civil servants and pensioners in the West Bank and the Gaza Strip, the European Commission said in a press release.

This contribution, which is channeled through the PEGASE[1] mechanism, is funded by the European Commission (€12.5 million) and the governments of Denmark(around €4.7 million) and Finland (€2 million).

"This contribution once more demonstrates the EU's determination to sustain the work of the Palestinian Authority and ensure the provision of essential services to the Palestinian people", said the EU Representative Mr. John Gatt-Rutter. "It is also a clear example of EU Member States working together to realize our common political objective of an independent, democratic and viable state ofPalestine. I would like to thank Denmark and Finland for their contribution to the programme", added the EU Representative.

It's worth mentioning that most of the European Union's assistance to the Palestinian Authority is channelled through PEGASE, the financial mechanism launched in 2008 to support the PA Reform and Development Plan (2008-2010) and the subsequent PA Palestinian National Plan (2011-2013). As well as helping to meet a substantial proportion of its running costs, European funds support major reform and development programmes in key ministries, to help prepare the PA for statehood in line with the state-building plan put forward by Prime Minister Salam Fayyad in August 2009. Since February 2008, around €1.49 billion have been disbursed through the PEGASE Direct Financial Support programmes. In addition, the EU has provided assistance to the Palestinian people through UNRWA and a wide range of cooperation projects.

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