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News Brief

November 12, 2003
See Original Daily Bulletin From This Date

Some $34 million of the Palestinian Authority’s budget is managed solely by Yasser Arafat, the International Monetary Fund has found. The Palestinian Authority president transfers the money to undefined “organizations” and “individuals” who cannot be traced, Ha’aretz reported. In addition, the report says that from 1995 to 2000, some $900 million in P.A. money “disappeared.”

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