Arab fund supports projects in Palestine with $5.7m

SourceSaudi Gazette
SectorFinancial Markets

RAMALLAH — The Palestinian Prime Minister’s office announced approving a number of projects with $5.7 million in occupied Jerusalem, provided by the Kuwait-based Arab Fund for Economic and Social Development (AFESD). The funds are provided to different institutions specializing in health, culture, development and education, the office said in a statement on Sunday. The projects include developing the institutions’ infrastructure, providing scholarships and youth developmental initiatives. On Saturday, Prime Minister Mohammad Shtayyeh announced that AFESD will provide $1.2 million to support Palestinian hospitals in fighting the coronavirus. — KUNA more...