(Palestinian Media Watch) Maurice Hirsch, Adv. and Nan Jacques Zilberdik - The Palestinian Authority is currently facing a self-induced financial crisis. Figures obtained from the Ministry of Finance prove that even after Israel deducted from tax transfers the amount the PA spends on salaries to terrorist prisoners, the PA would have still received more money in the first two months of 2019 than it received on average per month in 2018. Tax revenues in the first two months of 2019 increased by a total of 109 million shekels, while the amount of the deduction was only 42 million shekels - a positive difference in favor of the PA of 67 million shekels. Thus, the PA's financial crisis is not the result of the deduction of the funds by the Israeli government. The financial crisis is a direct result of the decision of the PA to insist not only to continue to encourage terror and reward terrorists but also to demand that the State of Israel be a partner to this policy.
2019-05-22 00:00:00Full ArticleBACK Visit the Daily Alert Archive