EU Unveils $1.8 Billion Aid Package for Gaza Recovery and Governance

The European Union has announced a €1.6 billion ($1.8 billion) aid package to support the Palestinian Authority and fund projects in the the West Bank, East Jerusalem and Gaza.

European Commissioner Dubravka Šuica stated that the Palestinian Authority will get more than two-thirds of the two-year investment to improve financial stability, governance, and private sector growth, Reuters reported.

The aid will be contingent on PA alterations, as part of broader measures to boost resilience and post-war recovery amid ongoing Israeli military operations in Gaza.