Palestinian relief agency cashflows to turn negative next month, chief says

Palestinian relief agency cashflows to turn negative next month, chief says
  • Country:
  • Ireland

Cashflows at the U.N. agency for Palestinians, UNRWA, will turn negative next month and its financial problems will accelerate in April if funding suspended by a number of countries does not resume, the head of the agency said on Thursday.

"We will hit a negative cashflow as from March and then it will be accelerated in April unless this frozen contribution is unlocked," UNRWA head Philippe Lazzarini told Irish national broadcaster RTE before a meeting in Dublin with the country's foreign minister.

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