Rabat – Bayt Mal Al-Quds Acharif Agency, a Moroccan charity dedicated to helping the city of Al-Quds (Jerusalem) and its inhabitants is pledging $3.4 million in investments to the city during 2023.
The agency announced on Saturday that the investment budget would go to different social projects. Funding will extend to projects for sustainable development, health, education and reconstruction, trade, agriculture, cultural and artistic animation, media, sports, and youth.
According to a statement, $600,000 will fund a wide range of programs under the theme “a new beginning to consolidate the place of Al-Quds and its religious and civilizational status.”
Under the agency’s social support projects, priority will be given to the Maqdisi people helping them overcome the impacts of the Covid-19 pandemic and the rising prices due to the global economic crisis.
The agency’s investment plan was decided during a consultative meeting, held last month in Rabat, under the theme “What model of sustainable development in Al-Quds?.”
Attending the event was the under-secretaries general in charge of the file of Al-Quds and Palestine in the Organization of Islamic Cooperation (OIC) and the League of Arab States, Islamic and Christian religious authorities, university presidents, and representatives of several social and economic institutions in Al-Quds.
In the statement, Bayt Mal Al-Quds Asharif Agency announced that it will participate on Sunday in the conference Al-Quds 2023: Building Resilience, Development, and Investment.”
The conference taking place today will be held at the headquarters of the General Secretariat of the League of Arab States in Cairo with a number of high-profile officials from Arab and Islamic organizations attending.
During the conference, the agency will present a report on the results of its programs, activities, and prospects for its work in Al-Quds for the upcoming investment plan.
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