Saudi Arabia on Thursday unveiled the creation of an emergency international coalition to provide financial support to the Palestinian Authority, pledging $90 million toward the effort.

Speaking at a news conference in New York on the sidelines of the 80th U.N. General Assembly, Saudi Foreign Minister Prince Faisal bin Farhan said the coalition would provide direct financial support to the PA "with a number of important partners."

He also said that Saudi Arabia will contribute $90 million for the effort.

Meanwhile, the head of the U.N. agency for Palestinian refugees said Thursday that UNRWA will be central to Gaza’s reconstruction once a cease-fire is reached, stressing the urgent need to end Israel’s war on the besieged enclave.

“UNRWA is present in Gaza with 12,000 staff right now. On a daily basis, against all odds, our staff continue to provide primary health,” Commissioner-General Philippe Lazzarini told AFP in an interview on the sidelines of high-level U.N. meetings in New York.