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PA confirms economic talks with Israel

PA Finance Minister confirms he met Israeli counterpart Kahlon to discuss an economic agreement to boost the PA economy.Elad Benari, 2/24/2016, 5:14 AM

Saudi Arabia Increases Financial Aid to the PA

Saudi Arabia to increase its monthly aid to PA to $20 million, bringing its yearly aid to the PA budget to $60 million.Ben Ariel, 7/28/2015, 3:14 AM

State Dept. ;Concerned' Over PA Electricity

State Department spokeswoman expresses concern over the IEC temporarily cutting off power in the PA because of its huge debt.Ben Ariel, 2/24/2015, 4:46 AM

Abbas Threatens Israel Over Frozen Tax Revenues

PA chairman tells European leaders he will stop security coordination with Israel if it continues to withhold the PA’s tax revenue.Elad Benari, 2/23/2015, 1:16 AM

Kerry Concerned Over 'Viability' of PA

Kerry warns PA may cease to exist if it does not soon receive tax revenue which has been withheld by Israel.Ben Ariel, 2/22/2015, 6:19 AM

Sweden Announces Aid Package to 'Palestine'

Recognizing "Palestine" comes with responsibilities, says Swedish PM as he announces a multi-million-euro aid package for the PA.Elad Benari, 2/11/2015, 5:13 AM

Iraq Donates $28 Million to the PA

Iraq donates $28 million to the Arab League as part of its contribution to support the PA.Ben Ariel, 1/15/2015, 6:50 AM

Saudi Arabia Gives the PA $60 Million

Saudi Arabia provides the PA with $60 million, covering the Kingdom's financial contribution to the PA for October, November and December.Ben Ariel, 1/14/2015, 4:16 AM

Republican Senator's Bill Would Halt Aid to PA

Republican Senator Rand Paul introduces a bill that would immediately halt aid to the PA until it drops its bid to join the ICC.Elad Benari, 1/8/2015, 5:44 AM

Washington Reviewing Financial Aid to PA

The United States reviewing its annual $440-million aid package to the PA because of its effort to join the ICC, says State Department.Elad Benari, 1/6/2015, 6:16 AM

PA Asks for $3.8 Billion to Rebuild Gaza

PA Prime Minister Rami Hamdallah says he has asked for $3.8 billion in urgent aid to help rebuild Gaza following the fighting.Ben Ariel, 9/24/2014, 5:44 AM

Qatar to Financially Help Hamas-Fatah Government

Arab states to help pay the wages of Gaza's public sector workers, says deputy Hamas leader.Dalit Halevi and Elad Benari, 6/6/2014, 6:07 AM

Senators to Kerry: Condition Aid to PA

Senators Kirk and Rubio call on Kerry to state that aid to PA will be cut off if unity government fails to recognize Israel.Elad Benari, 5/2/2014, 5:44 AM

Israel Begins to Implement Sanctions on PA

Israel has started to deduct the PA’s debts from the tax money it collects on its behalf, and more is on the way.Elad Benari, 4/29/2014, 2:44 AM

PA Wants to Drill for Oil in Judea and Samaria

PA announces tender for oil exploration, ignores the fact that the exploration area is in a region under Israeli control.Elad Benari and Dalit Halevi, 3/19/2014, 5:15 AM

Financial Crisis? PA Planning Airport and Railway

PA announces several new transportation related projects and is even seeking to expand into areas under Israeli control.Elad Benari, 2/11/2014, 6:44 AM

IMF: Failure of Peace Talks Will Hurt PA Economy

New IMF report says that success in peace talks could boost the PA’s economic growth, but failure could cause increased debt.Elad Benari, 2/7/2014, 6:16 AM

Abbas: We Can't Pay Salaries, it's Israel's Fault

PA Chairman blames Israeli "occupation" for his entity's difficult economic situation.Elad Benari, 10/13/2013, 5:50 AM

Electric Company Suggests: Cut Off Power to PA

The Israel Electric Corporation has put together a list of sanctions to impose on the PA, which owes it 820 million shekels.Elad Benari, 6/21/2013, 3:15 AM

Israel, PA Agree to Resume Economic Cooperation

Finance Minister Yair Lapid and PA counterpart agree to resume economic times frozen since November.Elad Benari, 6/17/2013, 1:15 AM

Sweden May Slash its Aid to the PA

Sweden is considering slashing its aid to the PA because of a lack of progress in achieving a two-state solution, says a Swedish minister.Elad Benari, Canada, 6/15/2013, 12:05 AM

PA Official: The Financial Crisis is Getting Worse

The PA is $4.2 billion in internal and external debt, announces its deputy prime minister.Elad Benari, 6/12/2013, 6:44 AM

'Israel is Sliding Into Total Dependence on PA'

Factory owners: PA deliberately cuts taxes so that Israeli industry can't compete; Bennett must intervene.Maayana Miskin, 6/5/2013, 9:51 AM

Kerry's Plan for PA Receives Cool Reception

A $4 billion U.S. plan to boost the PA's met with a cool response as PA leaders insist on a political dimension to the stimulus.Elad Benari, 5/28/2013, 6:43 AM

Kerry Announces Plan to Boost PA Economy

U.S. Secretary of State John Kerry unveils plan to boost the PA's economy by attracting $4 billion in private investment.Elad Benari, 5/27/2013, 6:14 AM

Electric Company: PA Residents Not Forced to Pay

Palestinian Authority Arabs who do not pay for electricity are not cut off.Maayana Miskin, 5/22/2013, 2:33 PM

PA Continues to Pay Jailed Terrorists

The PA, despite complaining that it is suffering from a severe financial crisis, is continuing to pay to terrorists in Israeli prisons.Elad Benari, Canada, 4/5/2013, 9:09 PM

U.S. Quietly Unblocks Financial Aid to PA

The United States has quietly unblocked almost $500 million in aid to the Palestinian Authority which had been frozen by Congress.Elad Benari, 3/25/2013, 4:44 AM

Donors Progress in Raising Funds for Failing PA

International donors are making progress toward finding the $1.2 billion needed to help fund the PA, officials say.Elad Benari, 3/20/2013, 3:43 AM

PA Asks the World: Help Our Failing Economy

The Palestinian Authority has urged the world to step up financial aid and press Israel to allow economic development.Elad Benari, 3/19/2013, 5:46 AM

IMF Warns Over PA Economy in New Report

The International Monetary Fund calls on Israel and the PA to help support the economy of Gaza and Judea and Samaria.Elad Benari, 3/15/2013, 6:53 AM

Saudis Offer More Money to Cash-Strapped PA

Saudi Arabia will contribute $20 million each month to the Palestinian Authority, a Saudi official says.Elad Benari, 1/20/2013, 6:15 AM

PA to Receive $100 Million from Saudi Arabia

The Palestinian Authority, facing its worst financial crisis ever, will receive financial assistance from Saudi Arabia.Elad Benari, 1/17/2013, 4:15 AM

Abbas Warns of Hardships Without Arab 'Safety Net'

PA Chairman warns that if Arab countries don't deliver on their promised 'safety net', the PA will be in a difficult situation.Elad Benari, 1/4/2013, 4:15 AM

Arab League Chief to Visit Ramallah

Arab League chief Nabil al-Arabi will visit Ramallah and focus on a financial "safety net" to ease the economic crisis in the PA government.Elad Benari, 12/26/2012, 6:15 AM

Fayyad: Arab Countries Evading Commitment to PA

PA Prime Minister Salam Fayyad calls for an urgent Arab summit to address the PA's financial crisis.Elad Benari, 12/24/2012, 6:14 AM

PA Government Workers Go on Strike

Employees of the Palestinian Authority government across Judea and Samaria start a strike over unpaid salaries. As usual, they blame Israel.Elad Benari, 12/20/2012, 2:13 AM

Fayyad Urges Arabs to Follow Up on 'Safety Net'

PA prime minister Salam Fayyad urges Arab League nations to make good on $100 million a month in pledged "safety net" funds.Elad Benari, 12/17/2012, 4:15 AM

Arab League Pledges 'Safety Net' to Abbas

Representatives of the Arab League pledge to transfer a monthly sum of 100 million dollars as a “financial safety net" for PA.Elad Benari, 12/10/2012, 5:42 AM

Israel Transferred Money to PA Despite UN Bid

Two days before the vote in the UN on the PA's statehood bid, Israel transferred 200 million shekels to the PA to pay its employees.Elad Benari, 11/29/2012, 12:13 AM

Steinitz Threatens PA with Sanctions Over UN Bid

Finance Minister Yuval Steinitz threatens to freeze transfer of tax revenues if the PA continues its unilateral statehood bid.Elad Benari, 11/11/2012, 2:23 AM

Report: Fayyad to Resign as PA's Prime Minister

Palestinian Authority Prime Minister Salam Fayyad has presented a plan to form a more inclusive factional government.Elad Benari, 11/1/2012, 4:44 AM

Israel Helps PA Economy, Lets More Workers In

Israel’s latest measures to improve the PA economy include approval of construction projects, more permits, and more Gaza exports.Elad Benari, 10/18/2012, 6:14 AM

European Minister Blames Israel for PA Crisis

European minister blames Israel for PA's financial crisis as its finance minister warns that efforts to create a state could collapse.Elad Benari, 9/24/2012, 6:44 AM

Israel, PA Talking About Developing Gas

Israel has held talks with the PA over the development of a gas field off the coast of Gaza, says a report by the Israeli foreign ministry.Elad Benari, 9/24/2012, 12:16 AM

PA Ends Restriction on Imports from Israel

Decision is an attempt to reduce spiraling prices as transportation union says it plans new protest actions.AFP, 9/23/2012, 10:10 PM

IMF, World Bank Warn: PA Risks 'Social Upheaval'

The Palestinian Authority faces a $400 million budget shortfall, the World Bank and the International Monetary Fund warn.Elad Benari, 9/20/2012, 5:14 AM

Protests Prompt Netanyahu to Give PA Aid Package

Netanyahu orders the transfer of a 250 million shekel advance to the PA from tax revenues collected by Israel.Elad Benari, 9/12/2012, 1:12 AM

Fayyad: Ready to Resign Over Protests

PA Prime Minister Salam Fayyad says he will resign if that's the will of the people, blames Israel for the PA’s financial troubles.Elad Benari, 9/7/2012, 10:47 AM

'Arab Spring' Hits PA, Hundreds Protest in Shechem

Hundreds of protesters gather in the main square in Shechem, calling for the ouster of PA Prime Minister Salam Fayyad.Elad Benari, 9/6/2012, 6:13 AM

Britain to Support PA Financially Despite UN Bid

British official confirms his country will not suspend financial aid to the PA even if it turns to the UN for recognition as a state.Elad Benari, 9/2/2012, 6:04 AM

Abbas to Ask Islamic Countries for Major Aid

PA Chairman Abbas to present Islamic countries with a multi-sector aid plan to lift the PA out of its financial crisis.Elad Benari, 8/13/2012, 6:40 AM

Abbas Meets Blair, Asks for Financial Support

PA Chairman Mahmoud Abbas meets Quartet representative Tony Blair, called to support the PA financially.Elad Benari, 8/8/2012, 1:14 AM

PA, Israel Sign Agreements on Taxes, Goods

Finance Minister Steinitz and PA Prime Minister Fayyad agree on arrangements regarding taxation and the transfer of goods.Elad Benari, 8/1/2012, 4:48 AM

World Bank Says PA Economy Unsustainable

New World Bank report says the economic growth in the PA is unsustainable and cannot support a future state.Elad Benari, 7/26/2012, 5:10 AM

Saudis Give PA Emergency Donation

PA Prime Minister Salam Fayyad hails an emergency $100 million donation received from Saudi Arabia at the request of PA Chairman Abbas.Elad Benari, 7/16/2012, 1:15 AM

Abbas Meets Saudi King, Seeks Urgent Financial Aid

PA Chairman Mahmoud Abbas visits Saudi Arabia, meets King Abdullah to seek urgent aid for his administration.Elad Benari, Canada, 7/13/2012, 11:10 PM