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January 31, 2015 / 11 Shevat, 5775
 
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Israel Hands Over Frozen Palestine Funds

Israel says it is transferring about $100 million in tax revenues that were frozen last year to the Palestinian Authority, AP reports.

The Israeli government stated on Wednesday that this is a one-time arrangement, intended to ease the Palestinians’ economic troubles.

Israel froze the monthly payments after the PLO applied to the UN for recognition as a de facto Palestinian state in November. The funds were said to be used to pay the PA’s electric bill of $800 million.

Israel’s monthly tax transfers to the Palestinians — generated by taxes and customs duties that Israel collects on behalf of the PA — are a crucial component of the Palestinian government budget. The PA has been struggling to pay the salaries of its tens of thousands of workers.

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2 Responses to “Israel Hands Over Frozen Palestine Funds”

  1. Nathan Warszawski says:

    Not Wörth to Listen to Israeli politicians.

  2. Jools Ferguson says:

    Was looking for the cartoon with the big hand over Israel, which was on Fb a while ago. Does anyone know where is is/was? I would like to share it with some friends – you know, the hand of God protecting his chosen people, Israel, as I put it at the time.Any clues folks? Goot go right now, but I will be back…sometime.

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