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New Israeli Financial Measures Boost Palestinian Authority
(Times of Israel) Jacob Magid - A senior National Security Council official said Thursday that Israeli authorities have granted final approval to reduce the handling fee Jerusalem charges Ramallah for fuel transfers from 3% to 1.5%; raise the percentage of revenues it transfers to Ramallah from the fees it collects from travelers at the Allenby border crossing with Jordan; and expand the list of tax-free imports that it facilitates on the PA's behalf. The three measures are being enacted against the backdrop of sustained pressure from the Biden administration. They have the potential to add millions of dollars to Ramallah's coffers annually.