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World Bank gives Palestinian Authority $40m
- Palestine: Tuesday, July 21 - 2009 at 09:34
The World Bank has granted the Palestinian Authority $40m to strengthen its fiscal position and improve the handling of public finances after the agency saw progress in budgetary management, Bloomberg has reported. World Bank Acting Country Director for the West Bank and Gaza Dina Abu-Ghaida has said the grant signals a 'positive assessment' of the Palestinian reform and development plan.
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