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"As is" reference - not a United Nations document

Source: European Commission
7 February 2012





The EU and Sweden contribute €24.7 million to the Palestinian
Authority's payment of January salaries and pensions


الاتحاد الأوروبي والسويد يساھمان بمبلغ 24,7 مليون يورو إلى السلطة الفلسطينية
لدفع رواتب ومخصصات تقاعد كانون الثاني

The European Union is making today a contribution of €24.7 million to the payment of the January salaries and pensions of around 84,300 Palestinian civil servants and pensioners in the West Bank and the Gaza Strip. This contribution, which is channelled through the PEGASE[1] mechanism, is being funded by the European Commission (€22.5 million) and the Government of Sweden (SEK 20.0 million or c.€2.2 million).

The European Commission's €22.5 million contribution comes from the €155 million package of financial assistance to the recurrent expenditures of the Palestinian Authority committed for 2012. At the request of Prime Minister Fayyad, the European Commission agreed to frontload €116.2 million of this package in the first five months of 2012 in order to help the Palestinian Authority meet its urgent financial needs and in line with the European Union's commitment to being a regular and reliable donor. The €2.2 million contribution by the Swedish Government is part of its continuous support to the Palestinian Authority and the Palestinian people.

Background

Most of the European Union's assistance to the Palestinian Authority is channelled through PEGASE, the financial mechanism launched in 2008 to support the PA Reform and Development Plan (2008-2010) and the subsequent PA Palestinian National Plan (2011-2013). As well as helping to meet a substantial proportion of its running costs, European funds support major reform and development programmes in key ministries, to help prepare the PA for statehood in line with the plan put forward by Prime Minister Salam Fayyad in August 2009. Since February 2008, €1.23 billion have been disbursed through the PEGASE Direct Financial Support programmes. In addition, the EU has provided assistance to the Palestinian people through UNRWA and a wide range of cooperation projects.

For further information in Arabic and English on the EU's assistance to the occupied Palestinian
territory and the PEGASE mechanism, please visit: http://eeas.europa.eu/delegations/westbank/


_____________________
[1] Mécanisme Palestino-Européen de Gestion de l'Aide Socio-Economique (PEGASE)


Contacts:
The Office of the European Union Representative:
Antonia Zafeiri (02 5415 859, 0548 024 915) & Shadi Othman (02 5415 867, 0599 673 958)

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