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World Bank establishes aid fund for Palestinians [aid to the Palestinian Authority terrorist regime]
Jerusalem Post ^ | Apr. 27, 2004 | ASSOCIATED PRESS

Posted on 04/27/2004 3:54:43 PM PDT by yonif

The World Bank announced Tuesday that it was establishing a fund to aid the cash-strapped Palestinian Authority.

In a news release, the World Bank said the "Public Financial Management Reform Trust Fund" was set up with the aim of "sustaining public services in the face of a severe fiscal crisis."

More than three years of Mideast violence have devastated the Palestinian economy, but donors are wary of contributing additional funds to the Palestinian Authority, charging widespread corruption and inefficiency.

The current Palestinian budget has a huge shortfall, and without foreign aid, payrolls will not be met, Palestinian officials warn.

Palestinian Finance Minister Salam Fayyad was quoted in the statement as thanking the bank for creating the fund, which would "help advance the continuation of the PA's reform effort." Fayyad was a senior official with the International Monetary Fund before taking the post as finance minister.

Nigel Roberts, World Bank country director for the West Bank and Gaza, said the fund was established "in recognition of the very positive developments in the Palestinian financial reform domain over the past two years."

Recently the Palestinians implemented a key reform - paying security forces directly, instead of handing piles of cash to commanders to distribute, inviting corruption.


TOPICS: Foreign Affairs; Israel; News/Current Events; War on Terror
KEYWORDS: israel; palestinianauthority; terroristregime; worldbank

1 posted on 04/27/2004 3:54:45 PM PDT by yonif
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To: SJackson; Yehuda; Nachum; Paved Paradise; Thinkin' Gal; Bobby777; adam_az; Alouette; IFly4Him; ...
Ping.
2 posted on 04/27/2004 3:54:59 PM PDT by yonif ("So perish all Thine enemies, O the Lord" - Judges 5:31)
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To: yonif
Go get the $$MILLIONS in Arafrat's account.
3 posted on 04/27/2004 4:00:17 PM PDT by Thom Pain (Quisling - from Vidkun Quisling (1887-1945), a synonym for "traitor")
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To: yonif
Crime does pay..
and criminals are getting paid
4 posted on 04/27/2004 4:03:38 PM PDT by evad ("Such an enemy cannot be deterred, detained, appeased, or negotiated with. It can only be destroyed")
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To: yonif
>The World Bank announced Tuesday that it was establishing a fund to aid the cash-strapped Palestinian Authority

The Crips and the Bloods
should put in their paperwork . . .
They might get funded!

5 posted on 04/27/2004 4:07:14 PM PDT by theFIRMbss
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To: yonif
Get Arafat to dole out some of the money he's stolen from the Palestinian people.
6 posted on 04/27/2004 4:15:22 PM PDT by Arpege92 (America and Israel are two countries that were founded on the rejection of Europe. -Dr. M. Azaryahu)
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To: evad
No one needs to give money to terrorists. Giving them money only encourages them toward a full time life of terrorism. The World Bank is stupid. Savages do not know what to do with money, and they will only buy more weapons.
7 posted on 04/27/2004 4:16:34 PM PDT by tessalu
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To: evad
No one needs to give money to terrorists. Giving them money only encourages them toward a full time life of terrorism. The World Bank is stupid. Savages do not know what to do with money, and they will only buy more weapons.
8 posted on 04/27/2004 4:16:37 PM PDT by tessalu
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To: yonif
The World Bank announced Tuesday that it was establishing a fund to aid the cash-strapped Palestinian Authority.

It's opening up Arafat's personal account?

9 posted on 04/27/2004 4:50:52 PM PDT by Alouette (Pray for the IDF and the USA--see my profile page)
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To: 1bigdictator; 1st-P-In-The-Pod; 2sheep; 7.62 x 51mm; A Jovial Cad; a_witness; adam_az; af_vet_rr; ..
FRmail me to be added or removed from this Judaic/pro-Israel ping list.

WARNING: This is a high volume ping list

10 posted on 04/27/2004 4:51:30 PM PDT by Alouette (Pray for the IDF and the USA--see my profile page)
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To: yonif
They can probably get the best exchange rate by converting it in one lump sum.

Swiss Francs

11 posted on 04/27/2004 4:57:08 PM PDT by KarlInOhio (Clinton, advised by Dick Clarke, did nothing. - Ann Coulter 4/1/04, How 9-11 Happened)
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To: yonif
Where can I go and apply for a loan as a terrorist as my occupation??

And how much is the World Bank going to give to the PA?

This the the worse ideal in a line of bad ideal. Have they no shame?
12 posted on 04/27/2004 6:07:43 PM PDT by Warlord David
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To: Alouette; yonif; All
You know what I wonder if that jack go to PLO or really average Palesntein people

NOOOO I don't think it going to Arafat french bank account
13 posted on 04/27/2004 9:11:43 PM PDT by SevenofNine ("Not everybody , in it, for truth, justice, and the American way,"=Det Lennie Briscoe)
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To: Thom Pain
What? You said:
"Go get the $$MILLIONS in Arafrat's account."

I am not sure where you got your information from, but get your facts straight. The total now is over a BILLION dollars!

So, get that silly little million out of your head.

A million bucks is pocket change to Arafat.
14 posted on 04/27/2004 9:41:54 PM PDT by RonHolzwarth
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To: yonif
how about a money for guns program? Throw in bombs also.

Oppppppsssssss, that wouldn't work. That is why they need the money in the first place.

Blessings, Bobo
15 posted on 04/27/2004 10:06:24 PM PDT by bobo1
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To: yonif
Is this the same World Bank through which (according to our "true conservative" betters) the Jews rule the world? Hey, maybe Arafat's real name really is Arafatstein!

Naaaah . . . he's the world's last best hope against the horrors of Jewish Communism! [/Sarcasm] So I guess this means the World Bank, like the United Nations and National Public Radio, is on the side of goodness and purity now! I'm sure "Carol on the Web" thinks so.

16 posted on 04/28/2004 7:01:39 AM PDT by Zionist Conspirator (Hashanah haZO'T biYrushalayim habenuyah! (Hey, Shavu`ot's coming!))
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To: RonHolzwarth
The US gives hundreds of millions to the PLO each year as well.
17 posted on 04/28/2004 10:34:36 AM PDT by yonif ("So perish all Thine enemies, O the Lord" - Judges 5:31)
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