British PM pledges more support for Palestinians | The Daily Star
12:00 AM, July 21, 2008 / LAST MODIFIED: 12:00 AM, July 21, 2008

British PM pledges more support for Palestinians


British Prime Minister Gordon Brown (L) is welcomed by Palestinian President Mahmud Abbas as he arrives at Abbas' headquarters in the West Bank city of Bethlehem yesterday. Brown met Israeli and Palestinian leaders Sunday on his first visit to Jerusalem since becoming premier in a bid to bolster peace negotiations and economic development.Photo: AFP

British Prime Minister Gordon Brown yesterday pledged further economic aid to the Palestinians aimed at bolstering the US-backed Middle East peace process.
"We have pledged 500 million dollars for economic development in Palestine over three years to 2011," Brown said following a meeting with Palestinian president Mahmud Abbas in the occupied West Bank town of Bethlehem.
"I can announce today a further commitment of 60 million dollars, 30 million of which we will give as direct budgetary support, bringing our total support to the Palestinian Authority this year to 175 million dollars."
In keeping with his "economic roadmap to peace" Brown pledged support for a new mortgage finance authority, which he said would assist with the financing of some 30,000 new Palestinian housing units and generate up to 50,000 new jobs.

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