Date :Sunday, October 12th, 2014 | Time : 15:21 |ID: 16802 | Print

Ma’an/Norway FM: Donor conference pledges $5.4 bn for Gaza

SHAFAQNA (International Shia News Association)-International envoys pledged about $5.4 billion in reconstruction aid for the Gaza Strip at a meeting in Egypt on Sunday, Norway’s foreign minister said.

“The participants pledged approximately $5.4 billion,” said Boerge Brende, reading out a closing statement at the Cairo conference which Norway co-hosted.
The donors “committed themselves to start disbursing their assistance as soon as possible,” Brende said.
Half of the pledges will go for reconstruction and the rest as unspecified aid to the Palestinians, he said.
Qatar pledged an entire $1 billion, while Kuwait and the UAE pledged $200 million each.
The conference aimed at financing the reconstruction of swathes of Gaza destroyed in the July-August Israeli assault on the Strip.
Palestinian officials had asked for up to $4 billion.

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