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(Israel Hayom) Shirit Avitan Cohen - Over the past three decades, the Palestinian Authority has accumulated a debt to the Israel Electric Company of two billion shekels. A law enacted following the Oslo Accords allows Israel to deduct funds destined for the PA to offset its debt. Israel's Finance Ministry has announced it will begin deducting millions of shekels monthly to pay down the debt to the IEC.2023-09-07 00:00:00Full Article
Israel to Deduct from PA Funds to Pay Electricity Debt
(Israel Hayom) Shirit Avitan Cohen - Over the past three decades, the Palestinian Authority has accumulated a debt to the Israel Electric Company of two billion shekels. A law enacted following the Oslo Accords allows Israel to deduct funds destined for the PA to offset its debt. Israel's Finance Ministry has announced it will begin deducting millions of shekels monthly to pay down the debt to the IEC.2023-09-07 00:00:00Full Article
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