Search
Close this search box.

Israel Transfers $1B To Cash-Strapped Palestinian Authority

In this Jan. 22, 2020 file photo, Palestinian President Mahmoud Abbas speaks after a meeting of the Palestinian leadership in the West Bank city of Ramallah. A senior Palestinian official said Tuesday, Nov. 17 the Palestinian Authority will restore ties with Israel after it cut all contacts in May over Israel’s planned annexation of up to a third of the occupied West Bank. The move to restore ties likely reflects the Palestinians’ hopes that the election of former Vice President Joe Biden spells the end of the Trump administration’s Mideast policies, which overwhelmingly favored Israel. (AP Photo/Majdi Mohammed, File)

Israel transferred over $1 billion in taxes and customs duties it collects on behalf of the Palestinian Authority on Wednesday after a six-month hiatus in which the Palestinians had severed ties with Israel over its plans to annex parts of Yehudah and Shomron.

The PA also refused to accept the tax money a number of times in 2019 in protest after Israel decreased the amount due to the “pay to slay” funds being distributed to the families of so-called Palestinian “martyrs” – jailed, wounded, or dead terrorists.

The taxes are a key source of revenue for the Palestinian Authority and without it the salaries of thousands of civil servants went unpaid, worsening an economic crisis caused by the coronavirus pandemic.

Hussein al-Sheikh, a close aide to Palestinian President Mahmoud Abbas, confirmed the receipt of nearly 3.8 billion shekels (around $1.1 billion) from Israel. Israel’s Finance Ministry said the funds were transferred following the approval of the Israeli Security Cabinet last month.

The Palestinians resumed contacts with Israel last month following President-elect Joe Biden’s victory in the U.S. election.

(YWN Israel Desk – Jerusalem & AP)



2 Responses

  1. What does liberalism have to do with anything in this story?

    Israel collects certain taxes that are imposed by and payable to the Palestinian Authority, and periodically turns over the money to the Palestinian Authority. You obviously do not understand this arrangement between the State of Israel and the Palestinian Authority.

Leave a Reply


Popular Posts