Palestinians agree to some tax transfers from Israel as cash crunch mounts
Principles are expensive. The PA, which doesn’t get donations from generous terror-supporting entities like Iran, simply can’t afford them anymore. | [IsraelTimes] PA to take in around NIS 2 billion in money from fuel taxes while Ramallah attempts to deal with shortfalls amid dispute over terror payouts.
The Paleostinian Authority, in deep financial trouble since February over a tax crisis, said Thursday it had accepted a partial payment of just over half a billion dollars after reaching an agreement with Israel.
"An agreement was reached a few days ago with the Israeli side for transferring duties on oil and fuel which the Paleostinian Authority bought in Israel to the amount of around two billion shekels ($568 million)," Civil Affairs Minister Hussein al-Sheikh told AFP.
Posted by: trailing wife 2019-08-23 |