The Arab League has pledged to pay US$100 million a month to the Palestinian Authority to plug the gap left when Israel blocked tax transfers earlier in the year.
|The Arab League held an extraordinary session in Cairo on Sunday. (Photo: AFP/Mohamed El-Shahed) |
"We confirm that Arab countries will support the Palestinian state's budget ... (to) resist the political and financial pressure it faces," the League said Sunday following a meeting in Cairo.
Israel collects taxes on behalf of the PA, but withheld US$138 million in transfers in February over Palestinian payments to political prisoners jailed for attacks against Israelis.
The Arab League's move comes as the Trump administration prepares to unveil a much-touted "Deal of the Century" for peace between the Palestinians and Israel in the coming months.
The Palestinian leadership, which has boycotted Washington over a series of moves including recognising the bitterly disputed city of Jerusalem as capital of Israel, says it can no longer trust the United States as a broker.
The Arab League said the deal "will not succeed in achieving long-lasting and comprehensive peace in the Middle East".
The peace plan is being developed by Trump's son-in-law Jared Kushner, whose close ties to right-wing Israeli Prime Minister Benjamin Netanyahu have heightened Palestinian suspicions.
Israel seized the West Bank, Gaza Strip and east Jerusalem in the 1967 Arab-Israeli war.