Ramallah – Palestine Economy Portal

The external fund for the public and developmental budget has decreased by 3.6% up to October compared to last year’s budget in the same time span.

The Ministry of Finance’s data stated that the overall external support reached approximately 1.664 billion NIS compared to 1.77 billion last year.

According to the data released, the Arab countries have contributed in grants worth of 680.2 million NIS compared to 319 million a year ago. 

On the other hand, foreign countries and organizations contributed 569 million NIS compared to a billion NIS given last year, with a 44% decrease.

Additionally, the development financing was increased by 1% to reach 395 million NIS compared to 391.1 million a year ago.