Ramallah: Amid ongoing regional de-escalation efforts, the Palestinian Cabinet has called for intensified international pressure to end what it describes as Israel's aggression against the Palestinian people. During its weekly session, the Cabinet focused on the need for a complete cessation of hostilities in the Gaza Strip and the West Bank, including Jerusalem. The Cabinet stressed that any ceasefire declaration must ensure the immediate and unhindered entry of humanitarian aid into Gaza to protect the lives and dignity of its residents.
According to Palestine News and Information Agency - WAFA, Prime Minister Mohammad Mustafa emphasized the Palestinian Government's efforts to secure financial resources through various channels. These efforts include advancing the European support program, engaging with Arab nations for financial assistance, working to release Palestinian funds withheld by Israel, and improving internal financial management. The Prime Minister highlighted developments under the National Program for Development and Reform, which includes proposals for development projects targeting strategic sectors such as the digital economy, renewable energy, and social protection.
The Cabinet also approved the 2025-2027 Strategic Plan of the Palestinian Energy and Natural Resources Authority, which aims to diversify energy sources and promote clean energy investments. Additionally, a plan to establish new fuel storage facilities in cooperation with the private sector was endorsed, focusing on strengthening national fuel reserves and enhancing crisis response capabilities. The Cabinet expressed gratitude to stakeholders involved in alleviating the recent fuel crisis and called for a comprehensive evaluation to improve service quality and resilience.
Finally, the Cabinet submitted the Investment Promotion Law to President Mahmoud Abbas for approval. This law seeks to attract investment by creating a favorable legal and administrative environment, targeting sectors such as industry, agriculture, energy, digitization, and tourism.
