Established by Fathi Ibrahim Bayoud 2005 - Homs

Palestinians say receive Israeli part-payment of overdue taxes

Middle East | 2019-08-22 18:33:41
Palestinians say receive Israeli part-payment of overdue taxes
The Palestinian Authority, in deep financial crisis since Israel froze tax transfers in February, said Thursday it had accepted a partial payment of just over half a billion dollars.

"An agreement was reached a few days ago with the Israeli side for transferring duties on oil and fuel which the Palestinian Authority bought in Israel to the amount of around two billion shekels ($568 million)," Civil Affairs Minister Hussein al-Sheikh told AFP.

Israel in February decided to withhold around $10 million a month from revenues of some $190 million per month it collects on the PA's behalf, triggering Palestinian president Mahmud Abbas to say he would accept either all or nothing.

Associated Press
Comments (0)

Post Your Comments

fill all fields below
*This confirmation code will prevent auto submit
X :Latest News
Greek islanders strike as migrant camp row intensifies      UK, France and Germany intensify bid to save Iran nuclear deal      Russia says it expects 'good results' from talks with Turkey on Idlib: RIA      Tunisian parliament debates new coalition with economy in focus      Erdogan rules out 'smallest step back' in Idlib      U.N. Security Council approves resolution on Yemen sanctions      Iran president slams US for spreading 'fear' over virus      Egypt to give former president Mubarak military funeral amid three days of national mourning