We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Cabinet okays transfer of tax revenues to Palestinians as PA renews cooperation

23 6 12

The security cabinet authorized late Sunday the transfer of some NIS 2.4 billion ($725 million) in tax revenues that Israel collects on behalf of the Palestinians after the Palestinian Authority decided to renew cooperation earlier this month.

However, the ministers also decided to withhold some NIS 600 million ($181 million) to compensate for the payment of salaries to terrorist attackers and their families.

As part of the Oslo Accord agreements between Israel and the Palestinians, Israel collects tax revenues on behalf of the Palestinian Authority. But, the PA announced in early June that it would refuse to accept the monthly transfer of over $100 million as part of ending coordination with Israel. The revenues constituted over 60 percent of Ramallah’s 2019 budget.

Get The Times of Israel's Daily Edition by email and never miss our top stories Free Sign Up

The PA cut off relations in protest of a since-shelved Israeli plan to annex parts of the........

© The Times of Israel

Get it on Google Play