JEDDAH, Tuesday, July 2, 2024 (WAFA) – Prime Minister, Mohammed Mustafa, and Chairman of the Islamic Development Bank Group, Mohammed Al-Jasser, today discussed ways to support a package of development projects in PAlestine.

During a meeting in Jeddah, they discussed the package that goes in line with government initiatives related to the energy sector, including localizing health services, developing social protection and economic empowerment to stimulate the economy and create job opportunities, and mobilizing resources to support reconstruction efforts in the Gaza Strip and economic recovery efforts in the West Bank and Gaza.

Mustafa and Al-Jasser also discussed supporting the solar energy project in refugee camps, providing additional financing for the power plant project in Jenin, and supporting the plan for the localization of medical services, as well as supporting the employment program to reduce unemployment rates that have surged as a result of the Israeli occupation’s aggression against the Palestinian people in the Gaza Strip and the West Bank.

They also tackled launching an economic empowerment fund in Palestine to invest in small and medium-sized companies in the Palestinian private sector.

During the meeting, Mustafa reviewed the difficult economic conditions that Palestine is going through, the decline in private sector activities, the losses in production as a result of the destruction and damage of infrastructure, and the continued Israeli deductions from and withholding of Palestinian tax funds.

The meeting was attended by Minister of Planning and International Cooperation, Wael Zaqout, Prime Minister’s Advisor for Arab and Islamic Fund Affairs, Nasser Qatami and Chairman of the Board of Directors of the Palestine Investment Fund, Iyad Joudeh.

A.D./T.R.