Arab Today, arab today we need to resolve crisis
Last Updated : GMT 20:09:46
Arab Today, arab today
Arab Today, arab today

Fayyad talks to “Arabstoday”:

\"We need to resolve crisis\"

Arab Today, arab today

Arab Today, arab today \"We need to resolve crisis\"

Salam Fayyad
Ramallah - Souna El-Deek

Salam Fayyad Ramallah - Souna El-Deek The Palestinian Prime Minister of the West Bank, Salam Fayyad, has said that if the financial crisis currently faced by the Palestinian Authority is not solved, then there will be difficulty in paying salaries to employees this month.  If this occurred it would be a repeat of what happened last month when Fayyad claimed: "We found ourselves forced to pay half salaries only." Fayyad explained that in order to enable the Palestinian Authority to deal with the current situation they would need about $300 million immediately, in order to cover the half salaries that had not been paid, and to pay contractors that had carried out projects for them, as well as hospitals and medical suppliers. Fayyad's remarks were made during an interview with “Al-Arabiya” television on Wednesday, in which he stated that salaries are extremely important to employees, whether during Ramadan or holidays, or the beginning of the school year.  He stressed that there was an urgent need for salaries to be paid regularly.  Fayyad added: "What we need to do now is to solve the crisis that we are facing before the start of Ramadan.  We want to complete the payment of the half salaries that we did not pay, in addition to the payment of salaries this month, and other debts to energy suppliers that have accumulated because of the severe financial crisis." Fayyad claimed that one of the sources of the crisis was the lack of external funding allocated to the Palestinian Authority. He stated: "For seven or eight months the Authority has faced a shortage of external funding allocated for the support budget, including an average of $30 million per month, and this large sum which is transferred carries us from month to month." Fayyad stressed that the Palestinian Authority continues to pursue a policy of reducing the budget deficit, and that it has renewed confidence in the expectation that the government will cut foreign aid allocated to support the budget by the end of 2013. In response to a wave of strikes by staff unions, Fayyad said that the employees’ protests would not enable the Authority to meet the payment of the due salaries, stressing: "It is understandable, and the right to strike is a legitimate right guaranteed by Palestinian law and regulations...and it does not detract from the patriotism of our employees."  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today we need to resolve crisis Arab Today, arab today we need to resolve crisis

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories for women

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories for women
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 06:51 2017 Saturday ,18 February

Blames government for economic crisis

GMT 06:35 2017 Saturday ,18 February

MP calls for re-operating closed companies

GMT 13:35 2017 Friday ,17 February

Confirms Britain is biggest investor in Egypt

GMT 15:55 2017 Thursday ,16 February

Egyptian foods completely unobserved nor healthy

GMT 11:18 2017 Wednesday ,15 February

Reveals plan to get out of financial crisis

GMT 12:33 2017 Tuesday ,14 February

Yemeni accuses militias of challenging oil

GMT 18:07 2017 Monday ,13 February

Over 3000 workers lost their jobs
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday