Qatar will transfer some $480 million to Palestinians in the West Bank and the Gaza Strip, according to an announcement by the Foreign Ministry today.
Of the total sum of money, Qatar said that $300 million are aimed for health and education projects run by the Palestinian Authority (PA) and $180 million will fund humanitarian aid, provide support for United Nations programmes, and renovation works to improve electrical systems.
Ismail Haniyeh, head of the Hamas politburo, expressed his gratitude to Qatar for its decision to transfer $480 million to the Palestinian people.
"We thank Qatar for the honourable grant, which seeks to help the Palestinian people in the West Bank and the Gaza Strip, Qatar continues, even under the most difficult conditions, to support Palestine."
Palestinian President Mahmoud Abbas said the aid, which is made up of both loans and grants, will help the Palestinian people overcome some of their hardships, face challenges, and strengthen their steadfastness on their land until the establishment of their independent state with Jerusalem as its capital on the 1967 borders.