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Kuwait donates $5m for residential programmes in Jerusalem

July 27, 2018 at 12:30 pm

The Dome of the Rock Mosque can be seen in the centre of the Noble Sanctuary of Al-Aqsa in Jerusalem on 23 July 2017 [Mostafa Alkharouf/Anadolu Agency]

The Palestinian Housing Council and the Islamic Development Bank (IDB) earlier this week signed a $5 million deal in support of residential projects in occupied Jerusalem, Felesteen.ps reported.

The deal is an extension of a previous deal signed in 2015 with the IDB worth $25 million in support of residential programmes in Jerusalem, the West Bank and Gaza Strip.

Chairman of the Palestinian Housing Council Hisham Al-Omari thanked Kuwait, which paid the funds from the Kuwaiti Fund for Economic Development through the IDB.

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Director of the Palestinian Housing Council in the northern governorates, Omar Al-Khuffash, stated that these projects would be specific to Jerusalem and would be implemented sing certain criteria and conditions set out by the council.

Al-Khuffash said the programme allows Palestinians to apply for loans in order to buy, repair or extend their homes.