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In protest of deduction of funds earmarked for Gaza: Palestinian Authority refuses to accept transfer of hundreds of millions of shekels from Israel | Israel Hayom

2023-11-13T20:02:13.846Z

Highlights: In protest of deduction of funds earmarked for Gaza: Palestinian Authority refuses to accept transfer of hundreds of millions of shekels from Israel. Finance Minister Bezalel Smotrich insisted on not transferring NIS 750 million to the PA this month. Defense Minister Yoav Galant insisted that the transfer should not be delayed in order to maintain stability in Judea and Samaria. The Political-Security Cabinet accepted the Finance Minister's position and deducted from the PA the funds from Gaza and the funds to the families of the terrorists.


The Political-Security Cabinet accepted the Finance Minister's position and deducted from the PA the funds from Gaza and the funds to the families of the terrorists • The transfer of more than NIS 400 million back


The PA announced that it would not accept funds if deducted from Gaza: A transfer made by Israel to the Palestinian Authority in recent days totaling more than 400 million shekels was returned, after the PA refused to accept the funds in protest of the lack of funds transferred to the Gaza Strip.

Smotrich: "I will not allow the transfer of budgets without oversight mechanisms" (archive)

Finance Minister Bezalel Smotrich insisted on not transferring NIS 750 million to the PA this month, which constitutes a significant part of its monthly budget. On the other hand, Defense Minister Yoav Galant insisted that the transfer should not be delayed in order to maintain stability in Judea and Samaria.

About a week ago, the Political Security Cabinet decided on the issue and ruled that PA funds would be transferred without the funds earmarked for Gaza, because these funds were transferred to Hamas. However, as noted, the Palestinian Authority refused to accept the transfer of NIS 407 million (offset by NIS 345 million earmarked for Gaza), and the money returned to Israel.

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Source: israelhayom

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