Japan and 11 countries launch movement to bolster finances of Palestinian Authority

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Japan and 11 countries launch movement to bolster finances of Palestinian Authority

Japan and 11 countries launch movement to bolster finances of Palestinian Authority

The statement said many of the 12 countries – Belgium, Denmark, France, Iceland, Ireland, Japan, Norway, Saudi Arabia, Slovenia, Spain, Switzerland, and the United Kingdom – have already made significant financial contributions and pledged sustained support to prevent the collapse of the Palestinian Authority. (AFP)

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28 Sep 2025 10:09:00 GMT9

TOKYO: Japan and 11 other countries have launched the Emergency Coalition for the Financial Sustainability of the Palestinian Authority, Japan’s Foreign Ministry reported.

“This coalition was established in response to the urgent and unprecedented financial crisis confronting the Palestinian Authority,” said a joint statement issued by the Foreign Ministers of the 12 countries. “Its immediate purpose is to stabilize the PA’s finances and preserve its ability to govern, provide essential services, and maintain security, all of which are indispensable to regional stability and to preserving the two-state solution.”

The statement said many of the 12 countries – Belgium, Denmark, France, Iceland, Ireland, Japan, Norway, Saudi Arabia, Slovenia, Spain, Switzerland, and the United Kingdom – have already made significant financial contributions and pledged sustained support to prevent the collapse of the Palestinian Authority.

The ministers’ statement said the coalition aims to promote a sustainable, predictable, and coordinated approach, and will work with international financial institutions and key partners to mobilize resources, support ongoing governance and economic reforms, and ensure full transparency and accountability.

The statement added: “The Ministers demand that Israel immediately release all Palestinian clearance revenues and cease any measures that obstruct or weaken the Palestinian Authority or risk its collapse.”

Such actions, they said, threaten not only Palestinian livelihoods and institutional stability but also regional and international peace and security.

The coalition has invited all states and international organizations to join the collective effort. Strengthening the Palestinian Authority’s financial foundations is, the statement said, “an investment in peace, stability, and security for Palestinians, Israelis and the wider region.”

The coalition said it was committed to safeguarding the viability of the two-state solution and to “advancing a just, lasting and comprehensive peace.”

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