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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.