ReePrime
Palestinian authority battle debt

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Palestinian authority battle debt

A
Al Jazeera English

5 Views • Aug 23, 2012

Description

The Palestinian Authority [PA] in Ramallah has a budget deficit of over 500 million dollars, and it's reached its borrowing limit -- taking over 1 billion dollars from the banks .

Officials say while they aim to reduce their dependency on foreign aid, at this stage they still rely on donors.

Al Jazeera spoke to people collecting their salaraies, they say they are stressed and angry about only receiving half. They are calling on the PA to solve this problem as quickly as possible.

Al Jazeera's Nicole Johnston reports from Gaza on why the PA is so short of cash.