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- Assistance to Educational Institutions in Palestine
Assistance to Educational Institutions in Palestine
Palestine
Financing Type | Grants |
Category | Palestine |
Focus Area | Education |
Approved | 10.12.2002 |
Signed | 16.12.2002 |
Loan Administrator | Arab Fund for Economic and Social Development |
Executing Agency | Welfare Association, Palestinian Ministry of Education, Beneficiary Universities |
Co-financiers | OPEC Fund, AFESD |
Organization | AFESD |
OPEC Fund Contribution (US$m) | 2.00 |
Total Project Cost (USDm) | 20.00 |
This was the first grant to be drawn from the Special Grant Account for Palestine which has been established with an initial endowment of US$10 million. The grant focused on support to the education sector; it supplemented financing from the Arab Fund to provide grants to nine non-governmental, non-profit universities to directly cover the tuition fees of needy students.