Arab ministers to discuss financial support for Palestinian Authority -agency

Arab finance ministers will hold an emergency meeting in Cairo on Sunday to discuss helping the Palestinian Authority cope with a deepening cash crunch amid a persistent dispute with Israel over payments to families of jailed and deceased militants. The meeting comes ahead of a U.S.-led economic conference in Bahrain expected to call for a $50 billion global investment fund for the Palestinians, Egypt, Jordan and Lebanon which the Palestinian Authority is boycotting. The Palestinian Authority sees the economic conference as an attempt to circumvent its demands for the creation of a Palestinian state in the occupied West Bank and Gaza Strip with East Jerusalem as its capital.

Source: Yahoo.com