
It is no secret that the Palestinian Authority’s (PA) financial crisis is mounting with declining foreign support. Donors’ funding is decreasing and the PA’s financial crisis is ongoing. A new financial support policy for 2017 was adopted by the European Union, and that the EU contribution of 30 million euros ($32 million) that had gone to pay the salaries of PA civil servants in the Gaza Strip will be used to support families in need, provide job opportunities and fund development and infrastructure projects. Prime Minister Rami Hamdallah launched efforts to prevent the EU decision, but to no avail. According to the statement, this means that the PA’s financial burden will grow and the $39 million monthly budget deficit will increase.
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