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– the Palestinian economy...

by Suzanne Presto

U.S. Secretary of State Hillary Clinton announced new funding to the Palestinian Authority and held talks with Egyptian Foreign Minister Ahmed Aboul Gheit on Wednesday, a day before her scheduled meeting with Israeli Prime Minister Benjamin Netanyahu in New York.

"It is important that we do everything we can at a particularly sensitive time in the region to try to redouble our efforts to achieve a two-state solution [to Israeli-Palestinian tensions], to help stabilize the situation in Sudan, and to work to ensure that the people of Lebanon can have accountability in the search for justice," said Hillary Clinton.

Earlier, Clinton announced that the United States has transferred $150 million in new aid to the Palestinian Authority to help close its budget gap.

"This new funding will help the Palestinian Authority pay down its debt, continue to deliver services and security to its people, and keep the progress going," she said. "It will support our work together to expand Palestinians' access to schools, clinics and clean drinking water in both the West Bank and Gaza [Strip]."

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