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(Ha'aretz) Barak Ravid - Foreign Minister Avigdor Lieberman said on Tuesday that Israel intends to use tax revenues that it collects on behalf of the Palestinian Authority to pay off PA debts to Israeli bodies like Israel's Electric Corporation for at least the next four months. He said that Israel is not freezing Palestinian tax revenues, but "they owe us NIS 1.6 billion....In the next four months, we will offset the debt and after that we will decide if we will renew the transfer of funds or not." The move was a response to the UN vote last month. 2012-12-12 00:00:00Full Article
Israel to Cover PA Debts with Collected Tax Revenues
(Ha'aretz) Barak Ravid - Foreign Minister Avigdor Lieberman said on Tuesday that Israel intends to use tax revenues that it collects on behalf of the Palestinian Authority to pay off PA debts to Israeli bodies like Israel's Electric Corporation for at least the next four months. He said that Israel is not freezing Palestinian tax revenues, but "they owe us NIS 1.6 billion....In the next four months, we will offset the debt and after that we will decide if we will renew the transfer of funds or not." The move was a response to the UN vote last month. 2012-12-12 00:00:00Full Article
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