RAMALLAH, Monday, November 12, 2018 (WAFA) – France and the Palestinian Authority signed on Monday an agreement in which the former provides 8 million euros to support the Palestinian budget, according to a press statement by the Ministry of Finance.

Finance Minister Shukri Bishara signed the agreement with French Consul General Pierre Cochard,

The money is the second installment of 16 million euros France has pledged to support the Palestinian budget this year.

Bishara thanked France for its support of the Palestinian government, which he said goes for supporting many important and vital sectors such as water, energy and the private sector, which receives soft loans and grants to help develop private companies and education.

Cochard said France is going to continue to support the Palestinian budget and other sectors in order to help develop the Palestinian economy.

M.K.