PA receives $60 million from Saudi Arabia

The Saudi Fund for Development has transferred $60 million to the Palestinian Authority, the desert kingdom's Ambassador to Egypt and the Arab League said Monday, according to Saudi media.

Ahmad Ibn al-Aziz was quoted by the official Saudi news agency as saying the money was a lump sum of Saudi Arabia's monthly donations to the PA for July, August, and September.

He said the country was committed to giving the PA $20 million per month.