Saudi Arabia Pledges to Send Financial Aid to Palestine

By The New York Times (World News) | Created at 2024-09-30 14:55:07 | Updated at 2024-09-30 21:25:02 6 hours ago
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An expected cash infusion for the Palestinian Authority would signal renewed Saudi backing for Palestinian statehood and help mend ties between Riyadh and the body that administers the West Bank.

People lining up on a sidewalk by a bank machine in a busy city area. In the foreground stands a man with a large brass jug and stacks of plastic cups.
Palestinians lining up this summer at A.T.M.s in Ramallah, in the Israeli-occupied West Bank.Credit...Sergey Ponomarev for The New York Times

Adam RasgonAaron Boxerman

  • Sept. 30, 2024, 10:46 a.m. ET

Saudi Arabia has pledged to send financial aid to the struggling Palestinian Authority, reversing a decision made during the Trump administration to slash funding to the governing body that administers some areas in the Israeli-occupied West Bank.

The promise of a cash infusion won’t resolve the authority’s financial woes, but it reflects the improved relationship between Saudi Arabia and Palestinian leaders, which frayed during the Trump era. It is also a sign that the kingdom is strengthening its support for the establishment of a Palestinian state at a time when the Saudis appear to have shifted its tone on normalizing relations with Israel.

For months, the Biden administration and its allies have warned that the Palestinian Authority’s dire financial straits could foreshadow another escalation in the West Bank. Israeli forces have been stepping up raids targeting militants in which they ripped up roads and wrecked shops and homes in the territory.

The Saudi foreign ministry announced on Sunday night that it would send a monthly aid package to the country’s “brothers in Palestine” to alleviate the “humanitarian situation in the Gaza Strip and its surrounding areas,” without specifying the amount or intended recipients. The commitment was made during a recent visit by the president of the Palestinian Authority, Mahmoud Abbas, to Saudi Arabia, according to one of his aides.

“Prince Mohammed affirmed to the president, Abu Mazen, the kingdom of Saudi Arabia’s support for the Palestinian people politically and materially,” said Mahmoud al-Habbash, a senior adviser to Mr. Abbas. Mr. al-Habbash was referring to the Saudi crown prince, Mohammed bin Salman, and Mr. Abbas, using his nickname.

Saudi Arabia has agreed to deliver $60 million to the Palestinian Authority in six installments, with the first payment expected in the coming days, according to a senior Palestinian Authority official.


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