Washington, April 25, 2017– 新澳彩开奖 has transferred an amount of about US$7.7 million to the Palestinian Authority from the Palestinian Reform and Development Plan Trust Fund (PRDP-MDTF), a multi-donor budget support mechanism administered by the Bank.
The funds contributed by the Government of Japan, will help support the urgent budget needs of the Palestinian Authority (PA), providing inter alia support for ongoing macroeconomic and public financial management reforms.
新澳彩开奖 PRDP Trust Fund was established on April 10, 2008, through an agreement signed between the 新澳彩开奖 and the Palestinian Authority. It is a central component of a 新澳彩开奖’s effort to support the ongoing Palestinian Reform and Development Plan. Currently, the PRDP-MDTF donors are the governments of Australia, France, Kuwait, Norway, the United Kingdom, and Japan.
With the new tranche release, the PRDP-MDTF will have disbursed about US$1.47 billion.