Quantcast

Jewish Journal

JewishJournal.com

November 28, 2011

Netanyahu considering releasing frozen PA funds

http://www.jewishjournal.com/israel/article/netanyahu_says_hes_considering_releasing_frozen_pa_funds_20111128

Israel's Prime Minister Benjamin Netanyahu attends a Likud party meeting at the Knesset in Jerusalem Nov. 21, 2011. Photo by REUTERS/Baz Ratner

Israel's Prime Minister Benjamin Netanyahu attends a Likud party meeting at the Knesset in Jerusalem Nov. 21, 2011. Photo by REUTERS/Baz Ratner

UPDATE: Israel releases PA funds

Israeli Prime Minister Benjamin Netanyahu told a Knesset committee that he could release frozen Palestinian Authority (PA) funds soon.

Netanyahu reportedly told the Knesset Foreign Affairs and Defense Committee on Nov. 28 that he is reconsidering holding $100 million in Palestinian tax revenues collected by Israel since the Palestinians have halted their bid to be accepted into international organizations.

Israel has been withholding the tax payments collected on the Palestinians’ behalf since the Palestinians were accepted as a full member of UNESCO, the United Nations scientific and cultural agency. It has continued to withhold them over Fatah-Hamas unity talks.

On Nov. 27, PA Prime Minister Salam Fayyad said that Israel’s suspension of transferring the tax revenue has had a “devastating impact” on the Palestinian economy. He told the Associated Press that he will be unable to pay the salaries of tens of thousands of civil servants.

A Netanyahu aide told the Israeli daily Haaretz that Israel does not want to bring about the collapse of the PA, one reason the prime minister is considering releasing the funds.

Meanwhile, May 4 has been set as the date for general Palestinian elections in the West Bank and Gaza, according to reports. PA President Mahmoud Abbas announced the date on Nov. 28 during a meeting in Vienna.

JewishJournal.com is produced by TRIBE Media Corp., a non-profit media company whose mission is to inform, connect and enlighten community
through independent journalism. TRIBE Media produces the 150,000-reader print weekly Jewish Journal in Los Angeles – the largest Jewish print
weekly in the West – and the monthly glossy Tribe magazine (TribeJournal.com). Please support us by clicking here.

© Copyright 2014 Tribe Media Corp.
All rights reserved. JewishJournal.com is hosted by Nexcess.net
Web Design & Development by Hop Studios 0.1476 / 42