The head of the UN agency for Palestinian refugees on Monday appealed for funds to tackle an unprecedented financial crisis caused by the US scrapping contributions.
"We still need USD 200 million (172 million euros) to tackle the deficit this year," UNRWA commissioner general Pierre Krahenbuhl told a news conference in Cairo.
"While UNRWA has experienced many types of crisis since it was created... in financial terms... this is the worst crisis ever faced," he said. The United States was the biggest contributor to the agency's budget in 2017, donating 350 million dollars.
The US State Department said last month it would no longer fund UNRWA because it was "irredeemably flawed".
To help plug the shortfall, Saudi Arabia, the United Arab Emirates and Qatar have all said they will contribute USD 50 million (43 million euros) each, Krahenbuhl said.
He added he was hopeful China, Japan, India and European countries would also contribute funds.
Krahenbuhl on Monday met Egypt's Foreign Minister Sameh Shoukry and Arab League chief Ahmed Abul Gheit.
Arab countries "will not permit the dismantling of UNRWA", a statement by the League said.
On Tuesday, Arab League states will meet in Cairo for a summit -- attended by Krahenbuhl -- devoted largely to UNRWA.
Arab League member Jordan said in late August that it was organising a conference in aid of the Palestinian refugee agency for September 27 in New York.
UNRWA has provided essential aid to millions of Palestinians since it was established nearly 70 years ago, just after the war surrounding Israel's creation in 1948.
The termination of funding by the US was welcomed by Israel but described as "cruel and irresponsible" by Hanan Ashrawi, a member of the Palestine Liberation Organisation's executive committee.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
