Israel sends Palestinians over $1 billion in withheld funds
- Date: 02-Dec-2020
- Source: Arab News
- Sector:Financial Markets
- Country:Middle East
Israel sends Palestinians over $1 billion in withheld funds
RAMALLAH: Israel has released more than $1 billion in funds withheld from the Palestinian Authority, a Palestinian minister said Wednesday, weeks after coordination was renewed between the two sides.
"The Israeli government transfers all financial dues of the clearance to the account of the Palestinian Authority, amounting to three billion and 768 million shekels,“ civil affairs minister Hussein Al-Sheikh wrote on Twitter, referring to taxes, including customs taxes, that the Jewish state collects on behalf of the PA.
The #Israeli government transfers all financial dues of the clearance to the account of the #Palestinian Authority, amounting to three billion and 768 million shekels. https://t.co/TK9vueVzRW
“” Øسين الشيخ Hussein Al Sheikh (@HusseinSheikhpl) December 2, 2020
In May, the Palestinians