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RAMALLAH, West Bank | Mon September 19, 2011 6:40 p.m. EDT
(Reuters) - Saudi Arabia will pay $ 200 million to the Palestinian Authority, the Palestinian official news agency said Monday, money that will ease a financial crisis faced by the authority that is preparing to an application for membership of the UN fully this week.
Finance Minister Ibrahim Saudi Alassaf called Palestinian Prime Minister Salam Fayyad told him that his government would transfer the funds, the agency WAFA reported.
A financing gap of Arab countries Saudi Arabia had been identified as the cause of the crisis has highlighted the vulnerability of the authority that President Mahmoud Abbas is preparing to press the Palestinian state order in the meeting of the UN General Assembly in New York.
Last week, both the IMF and the World Bank has identified the financial crisis of authority as a danger to the building program of the State whose administration Fayyad has led over the past two years.
In the last three months, the authority has failed twice to pay the salaries of its employees and 150,000 full-time.
The success of the construction plan of the state was one of the reasons cited by Palestinian officials for their decision to go to the United Nations, despite U.S. and Israeli opposition.
The Palestinian Authority, which exercises limited self-government in parts of the Bank, Israeli-occupied West remains dependent on foreign aid to close a deficit projected at $ 900 million this year.
WAFA said Fayyad called Alassaf while Palestinian Prime Minister was on his way back to the Middle East from New York, where he had attended a meeting of international donors who support the Palestinian Authority.
Fayyad's plan was to prepare the Palestinians for the creation of an independent state in the West Bank, Gaza and East Jerusalem - territories occupied by Israel in the 1967 war in the Middle East.
But the peace process supported by the United States that they hoped the return of their independence is in neutral - another reason to give Palestinian leaders to continue their diplomatic approach to the United Nations.
Abbas said Friday that apply for full membership in a state of Palestine. The United States, another major donor to his administration, said it will block such an initiative.
Washington argues that direct talks between Israel and the Palestinians can advance the cause of peace.
Last month, Abbas called for financial support to help the Arabs treat Palestinians with "pressure and threats" to Israel and its allies, which he was a risk to the UN plan for the recognition of a Palestinian state.
(Writing by Tom Perry)
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