Dozens of international donors have pledged $7.4bn in aid to the Palestinians over the next three years.
The aid has been given in support of the government of President Mahmoud Abbas.
The Palestinian government had sought $5.6bn over three years, funds designed to revive the Palestinian economy and strengthen Mr Abbas in a struggle with Hamas who have seized control of Gaza in June.
The EU executive offered more than $600m in grant aid while the US pledged $555m for 2008.
The pledge was made today at a meeting in Paris.
