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Thursday, February 26, 2004
Germany, PA end discussion on financial aid

Germany, PA end discussion on financial aid
The Jerusalem Times (independent Palestinian weekly) 26 February 2004
www.jerusalem-times.net/article/news/details/detail.asp?id=4834

The Palestinian Authority and the Government of Germany have ended February
20 talks on how and where to spend about 40 million euros Germany has
allocated to the Palestinian people for projects during 2004. The two sides
signed an agreement of understanding on this at the Ministry of Planning but
the official final agreement will be signed between the two governments in
Germany in July.

According to a statement released by the German Representative Office in
Ramallah, an official German delegation from the Ministry of Economic
Cooperation and Development held talks with Palestinian officials regarding
what projects this aid will go for. The delegation, said the statement,
visited several German-financed projects in the West Bank and Gaza.

While German aid last year amounted to 40 million euros, the aid is expected
to be higher this year, said the statement without giving any final figure.
German aid goes mainly to projects in water and wastewater and supports
private sector projects as well and for institution building.

The Palestinians are the highest recipients of German international aid per
capita and are among the highest contributors to the Palestinian people
through European Union institutions and non-governmental organizations.

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