End Sleaze or Lose Aid

From The Scotsman:

The World Bank has issued the Palestinian Authority with an ultimatum to put an end to rampant corruption or lose hundreds of millions of pounds of vital foreign aid.

The Bank’s top official in the region, Nigel Roberts, said Yasser Arafat had to stop the handing of large cash payments to his security commanders – used to keep them loyal to Arafat personally – and other financial practices open to corruption.

Otherwise, he said, the Palestinian Authority risked losing the support of the international community.

In an interview with Scotland on Sunday, Roberts said the Palestinians were receiving the largest amount of money per capita in the history of foreign aid but this was still not enough to balance the budget.

He said it was now crunch time for the Palestinian Authority: support the reformers, led by Finance Minister Salam Fayyad, or face financial ruin.

The largest amount of money per capita in the history of foreign aid. And Israel is blamed for the plight of Palestinians?!

Read previous post:
Compound Interest

According to an LA Times subhead, Israeli police "entered the Al Aqsa mosque without cause" on Saturday. One glaring problem...