Gaza\'s Hamas government has approved a budget for 2012 that is 25 percent higher than last year\'s, suggesting that the global economic crisis has had limited impact on the outside donors backing the movement. Chief of parliament\'s budget committee Jamal Nassar says the budget will be $769 million, compared to $630 million in 2011. He said Sunday that just one-quarter of the budget is from local revenues. A second official said the rest comes from Palestinian expatriates, Iran and benefactors in the Muslim world. He spoke anonymously because he was not authorized to discuss the matter with the media. Hamas has controlled Gaza since ousting the rival Fatah movement in 2007. Reconciliation efforts between the two Palestinian factions have repeatedly foundered.
GMT 00:37 2018 Wednesday ,24 January
Bitcoin slumps below $10,000GMT 22:49 2018 Tuesday ,23 January
Sharjah apartment rents see steep decline in 2017GMT 19:15 2018 Tuesday ,23 January
Emirati fined Dh2.2m for embezzling public fundsGMT 22:27 2018 Monday ,22 January
Jafza bridge benefits trade, logistics supply chainGMT 22:21 2018 Monday ,22 January
Damac chairman to speak on digital skillsGMT 10:55 2018 Monday ,22 January
Bahrain-Indian economic ties discussedGMT 22:42 2018 Saturday ,20 January
'Massive' infrastructure spending needed in AfricaGMT 12:49 2018 Tuesday ,16 January
Tabarak Buys Majority Stake in a Private CompanyMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor