Arab Summit called for supporting Palestinian budget for a year starting April 1, 2015.
This came in a resolution issued on Sunday by the Arab leaders during the 26th round of the Arab summit meeting held in Sharm el Sheikh.
The decree also asserted the importance of supporting the Palestinian Central Council (PCC) resolutions that aim to reconsider all political, economic and security relations with Israel in order to force Israel to respect the signed agreements and international resolutions and laws.
The summit rejected Israeli Prime Minister Benjamin Netanyahu's recent statements, which he stated during the recent Israeli elections, that rule out the two-state solution, calling on the US to take a serious stance towards such Israeli policies.
The summit also asserted the importance of the Arab countries' commitment to paying the required financial aid to support the Palestinian budget as well as providing a financial safety net that reaches 100 million dollars monthly to Palestine as soon as possible.
The decree recommended increasing the Al Quds and the Al Aqsa funds by 50% to help Palestine facing the Israeli siege.
It underlined that inclusive and just peace in the region would only be achieved if Israel withdrew fully from the Palestinian and Arab territories.
The summit also urged the United Nations Security Council to shoulder the responsibility towards the Palestinian cause via working on resolving all aspects of the Arab-Israeli conflict by taking all required measures and mechanisms.