{{Palestinian Prime Minister Salaam Fayyad resigned on Saturday, leaving the Palestinians without one of their most moderate and well-respected voices just as the U.S. is launching a new push for Mideast peace.}}<\/p>\n
A statement from the official Palestinian news agency Wafa said President Mahmoud Abbas met with Fayyad late in the day and accepted his resignation, thanking him for his service. <\/p>\n
According to the statement, Abbas asked Fayyad to continue to serve in his post until Abbas forms a new government.<\/p>\n
Abbas was expected to name a new prime minister within days, according to Palestinian officials, who spoke on condition of anonymity in line with regulations.<\/p>\n
Abbas and Fayyad had been locked in an increasingly bitter dispute over the extent of the prime minister’s authority. Fayyad offered his resignation on Thursday, but Abbas did not respond to Fayyad’s offer until Saturday.<\/p>\n
His departure could spell trouble for Abbas. Fayyad, a Western-trained economist, is well respected in international circles, and he is expected to play a key role in U.S. efforts to revive peace talks.<\/p>\n
As part of that effort, U.S. Secretary of State John Kerry has said he plans to announce a series of measures to boost the West Bank economy in the coming days. <\/p>\n
Fayyad, a former official at the International Monetary Fund with expertise in development, would be key to overseeing such projects.<\/p>\n
Fayyad has served since mid-2007 as prime minister of the Palestinian Authority, the self-rule government that administers roughly 40 percent of the Israeli-controlled West Bank. <\/p>\n
The 61-year-old political independent has focused his efforts on developing the foundations of an independent Palestinian state.<\/p>\n
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