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First group of Palestinian detainees released by Israeli authorities under ceasefire agreement | Israel Sets the West Bank Ablaze: Military Blockades, Raids, and Settler Attacks Amid Global Silence | More than 100,000 demonstrate in London despite obstructionist UK police tactics | In violation of the ceasefire agreement, Israeli forces open fire at Gaza beach | Special Report: Pregnant in Gaza: Survival Amid War, Hunger, and a Collapsing Health System | Gaza Women Face Unimaginable Challenges Amid War and Displacement | Tower Hamlets Council Commits to Divestment from Companies Linked to Israeli War Crimes | Introducing Jafra Production’s Second Cycle of NEST - Music Incubator Program | "Amid Ceasefire, Gaza’s Women Face Unimaginable Loss and the Struggle to Rebuild Lives" | OCHA: Gaza children have been killed, starved and frozen to death | Palestinian Refugees in West Bank Camps Reaffirm Support for UNRWA Amid Israeli Threats | Presidency strongly rejects and condemns any projects or plans aimed at displacing Palestinian people from Gaza | US Senator Bernie Sanders condemns Trump's Gaza remarks as a war crime and ethnic cleansing | EU voices concern over Israeli escalating violence in West Bank | From Caves to Conflict: Masafer Yatta Residents Face Rising Settler and Military Pressure | UN chief calls for immediate evacuation of 2,500 children from Gaza for medical treatment | Trade Unions Demand Independent Inquiry into Police Handling of Pro-Palestine Protest | EU Border Mission Redeploys to Rafah Crossing to Support Ceasefire Implementation | West Bank on the Brink: International Silence Amid Worsening Israeli Aggression, Al-Ahram Weekly Report Say | Palestinian youth killed, others injured by Israeli gunfire during raid on refugee camp north of Hebron |  

EU disburses third instalment of emergency aid to Palestinian Authority after reform agreement

Posted On: 21-11-2024 | Economy
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Jerusalem /PNN/

The European Union disbursed further short-term emergency financial support to the Palestinian Authority (PA). It amounts to a total of €110 million in grants through the PEGASE mechanism to pay salaries and pensions of the civil servants in the West Bank and to ensure the provision of essential services.

EU assistance helps address the most pressing financial needs of the Palestinian Authority and supports its substantial and credible reform agenda.

The short-term emergency financial support follows the signature of a Letter of Intent by the European Commission and the Palestinian Authority on July 19, setting out a strategy for addressing the critical budgetary and fiscal situation of the Palestinian Authority.

This last payment follows agreement with the Palestinian Authority on a comprehensive reform programme that will underpin an EU Comprehensive Programme for Palestinian Recovery and Resilience. The multi-annual programme covering the period until end of 2026 is currently under development and will be proposed shortly by the Commission. It will be contingent on the implementation of the reform agenda by the Palestinian Authority.

The European Union is the biggest provider of external assistance to the Palestinians, amounting to indicatively €1.36 billion for 2021-2024, of which over €1.03 billion have already been adopted.

The first payment of the emergency package of €150 million was disbursed on 31 July, whilst a second payment of €122.5 million was disbursed at the beginning of September based on progress on the prior actions, as set out in the Annex to the Letter of Intent.

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