Latest TIM payment for Palestinian population
Jerusalem, 6 November 2007 – The Temporary International Mechanism, put into place by the European Commission with European Union Member States, will contribute again to this month’s payment of allowances to public service providers and pensioners in close co-operation with the Palestinian authorities.
TIM social allowances of more than NIS 120 million (€21 million) will be added to Ministry of Finance funds to allow recipients to receive a single salary or pension payment.
This payment by the Temporary International Mechanism is made possible by contributions from Canada, Spain and the European Commission.
Since June 2006, €343 million (NIS 1.89 billion) were channeled through the TIM in direct support to the Palestinian population through social allowances.
More than €510 million (NIS 2.80 billion) have been made available to all components of the Temporary International Mechanism in support of the Palestinian population in the West Bank and Gaza.
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