Africa Business Radio

Algeria Gives Palestinians $100m Grant

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Synopsis

Algeria's President Abdelmadjid Tebboune says Algeria has agreed to give a grant of $100m to the Palestinian Authority. Mr Tebboune says Algeria would be hosting a meeting of Palestinian factions in the near future. The Palestinian Authority has major financial problems, which leaves it struggling to pay public sector employees. Algeria has increased its activity over the Palestinian issue recently, just as its neighbour Morocco has been building new ties with Israel after signing a normalisation deal last year.