  {"id":210348,"date":"2017-01-16T00:00:00","date_gmt":"2019-03-12T19:55:44","guid":{"rendered":"https:\/\/www.un.org\/unispal\/?p=210348"},"modified":"2019-03-12T19:55:44","modified_gmt":"2019-03-12T19:55:44","slug":"auto-insert-210348","status":"publish","type":"document","link":"https:\/\/www.un.org\/unispal\/document\/auto-insert-210348\/","title":{"rendered":"World Bank Transfers US$5.6 Million to the PA &#8211; World Bank Press Release"},"content":{"rendered":"<div>\n<div>\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<hr height=\"7px\" \/>\n<\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:6px;font-size:6pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>PRESS RELEASE<\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:5px;font-size:10pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>An Additional US$5.6 Million in Budget Support to the Palestinian Authority<\/strong><\/p><\/div>\n<div style=\"text-align:left;padding-bottom:4px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><span style=\"color:#000000;font-size:8pt;font-family:Arial, san-serif;\"><strong>Washington, January 16, 2017&#8211; <\/strong><\/span><span style=\"color:#000000;font-size:8pt;font-family:Arial, san-serif;\">The World Bank has transferred an amount of about US$5.6 million to the Palestinian Authority from the <\/span><a href=\"http:\/\/www.worldbank.org\/en\/programs\/palestinian-recovery-and-development-program-trust-fund\" style=\"color:#000000;text-align:left;padding-bottom:4px;font-size:8pt;font-family:Arial, san-serif;\">Palestinian Reform and Development Plan Trust Fund<\/a><span style=\"color:#000000;font-size:8pt;font-family:Arial, san-serif;\">&nbsp;(PRDP-MDTF), a multi-donor budget support mechanism administered by the Bank.<\/span><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:4px;font-size:8pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The funds contributed by the Government of Norway, will help support the urgent budget needs of the Palestinian Authority (PA), providing inter alia support for ongoing macroeconomic and public financial management reforms.&nbsp;&nbsp;<\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:4px;font-size:8pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The World Bank PRDP Trust Fund was established on April 10, 2008, through an agreement signed between the World Bank and the Palestinian Authority. It is a central component of the World Bank&#8217;s effort to support fiscal and institutional reform. Currently, the PRDP-MDTF donors are the governments of Australia, France, Kuwait, Norway, the United Kingdom, and Japan.<\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-bottom:8px;font-size:8pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">With the new tranche release, the PRDP-MDTF will have disbursed about US$1.46 billion.<\/p><\/div>\n<div style=\"text-align:left;padding-top:6px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><a href=\"http:\/\/www.worldbank.org\/en\/news\/press-release\/2017\/01\/17\/an-additional-us56-million-in-budget-support-to-the-palestinian-authority\" style=\"color:#0000ff;text-align:left;padding-top:6px;font-size:6pt;font-family:Arial, san-serif;\">http:\/\/www.worldbank.org\/en\/news\/press-release\/2017\/01\/17\/an-additional-us56-million-in-budget-support-to-the-palestinian-authority<\/a><\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PRESS RELEASE An Additional US$5.6 Million in Budget Support to the Palestinian Authority Washington, January 16, 2017&#8211; The World Bank has transferred an amount of about US$5.6 million to the Palestinian Authority from the Palestinian Reform and Development Plan Trust Fund&nbsp;(PRDP-MDTF), a multi-donor budget support mechanism administered by the Bank. The funds contributed by the <a href=\"https:\/\/www.un.org\/unispal\/document\/auto-insert-210348\/\"> [&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"template":"","meta":{"footnotes":""},"country":[1029],"document-category":[2437,1329],"document-source":[1957],"committee-meeting":[],"document-subject":[1945,1937,4317],"entity":[1985,1729],"document-language":[6544,6542],"class_list":["post-210348","document","type-document","status-publish","hentry","country-norway","document-category-arabic-text","document-category-press-release","document-source-world-bank","document-subject-assistance","document-subject-economic-issues","document-subject-governance","entity-state","entity-united-nations-system","document-language-arabic","document-language-english"],"_links":{"self":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/210348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document"}],"about":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/types\/document"}],"author":[{"embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/210348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/media?parent=210348"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/country?post=210348"},{"taxonomy":"document-category","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-category?post=210348"},{"taxonomy":"document-source","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-source?post=210348"},{"taxonomy":"committee-meeting","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/committee-meeting?post=210348"},{"taxonomy":"document-subject","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-subject?post=210348"},{"taxonomy":"entity","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/entity?post=210348"},{"taxonomy":"document-language","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-language?post=210348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}