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PA finances

News and updates about PA finances

After agreement with Israel:

Norway transfers PA tax money

Norway says PA received 407 million shekels from Israel as part of deal to release the frozen tax funds through Norway.

Norway transfers PA tax money

Norway to assist in transferring PA funds

Norway agrees to help facilitate the transfer of frozen tax funds earmarked for the PA that were collected by Israel.

Norway to assist in transferring PA funds

Finance Minister:

'I respect the US, but I won't transfer money to Hamas'

'So long as I am Finance Minister, not a single shekel will be passed to the Nazis in Gaza,' Finance Min. Smotrich promises.

'I respect the US, but I won't transfer money to Hamas'

Difficult conversation

Report: Biden told Netanyahu to solve PA taxes issue

Sources tell Axios Biden held a difficult conversation with Netanyahu over Israel's decision to withhold some of PA's tax revenue.

Report: Biden told Netanyahu to solve PA taxes issue

Cabinet decides:

PA funds will be transferred - without money intended for Gaza

Israel will transfer money to the Palestinian Authority during the war, but will offset the amounts intended for the Gaza Strip.

PA funds will be transferred - without money intended for Gaza

Algeria pledges $100 million in aid to the PA

Algeria's President hosts PA chairman, vows to put Palestinian cause at center of Arab League summit.

Algeria pledges $100 million in aid to the PA

Germany, PA sign cooperation agreement

$117 million agreement will see German investment in areas under PA control.

Germany, PA sign cooperation agreement

PA: Offsetting tax money harms our economy

PA cabinet leader asks EU to pressure on Israel to stop offsetting aid to the families of the terrorists.

PA: Offsetting tax money harms our economy

'I've never seen the PA in a worse situation'

Report: US envoy warned Israeli officials that the PA is facing dangerous economic and political crises.

'I've never seen the PA in a worse situation'

PA denies receiving aid from US

PA denies reports that it will be receiving $5 million in humanitarian aid from Trump administration.

PA denies receiving aid from US

US to provide $5 million in aid to PA

Trump administration will give $5 million in humanitarian assistance to help PA hospitals cope with coronavirus.

US to provide $5 million in aid to PA

Israel transfers 120 million shekels to PA

Finance Minister Moshe Kahlon signed the transfer of part of PA tax money over fear that coronavirus would worsen PA's economy.

Israel transfers 120 million shekels to PA

PA to receive more than 1 billion shekels from Israel

PA to receive a transfer of 1.5 billion shekels from Israel amid dispute between the sides over payments to terrorists.

PA to receive more than 1 billion shekels from Israel

Greenblatt calls on donor countries to reconsider aid to PA

Outgoing US envoy: Hamas and the PA are squandering opportunities to ensure better lives for Palestinians.

Greenblatt calls on donor countries to reconsider aid to PA

World Bank: PA economy in deep crisis

In new report, World Bank says Palestinian Authority faces financing gap that could top $1.8 billion.

World Bank: PA economy in deep crisis

Arab League reaffirms safety net for PA

Arab League reaffirms a pledge to pay $100 million a month to the Palestinian Authority.

Arab League reaffirms safety net for PA

PA 'prime minister' blames Israel for financial woes

Mohammed Shtayyeh says PA's financial crisis caused by Israel offsetting terrorist salaries from PA tax funds.

PA 'prime minister' blames Israel for financial woes

Greenblatt to PA: Take responsibility for your economy

US envoy responds to PA cabinet leader who claimed in interview that the PA is on the verge of collapsing.

Greenblatt to PA: Take responsibility for your economy

PA delegation meets with Kahlon

PA delegation met Finance Minister in attempt to reach understandings that would allow the transfer of tax revenues collected by Israel.

PA delegation meets with Kahlon

EU accepts Israeli request to aid PA

EU foreign policy chief says EU will provide €22 million in humanitarian assistance to PA.

EU accepts Israeli request to aid PA

Israel asks world to donate to PA

Israel reportedly interested in pressuring Abbas to accept tax revenues despite offsetting of terrorists' salaries.

Israel asks world to donate to PA

PA accuses US of pressuring Arab states to stop financial aid

PA “foreign minister” says PA is looking for legal ways to stop US pressure on Arab states to stop their financial aid to the PA.

PA accuses US of pressuring Arab states to stop financial aid

UN asks for donations for PA

United Nations urges donor states to provide $350 million in aid for the Palestinian Authority in 2019.

UN asks for donations for PA

Saudi Arabia increases financial aid to PA

Saudi government announces increase in financial aid to the Palestinian Authority.

Saudi Arabia increases financial aid to PA

UN appeals for $547 million in aid to PA

UN launches appeal for $547 million to help 1.6 million Palestinian Arabs. The PA continues to spend its budget on terrorist salaries.

UN appeals for $547 million in aid to PA

Saudis delay transfer of money to PA

PA says Saudi Arabia has failed to transfer its monthly financial aid for seven straight months.

Saudis delay transfer of money to PA

Britain suspends aid to PA over terror funding

Britain suspends millions of pounds in aid payments to the PA amid concerns the money is ending up in the hands of terrorists.

Britain suspends aid to PA over terror funding

World Bank calls on international donors to help PA

World Bank says international donor support is a must to maintain the PA's budget-cutting achievements.

World Bank calls on international donors to help PA

Report: Congress delaying aid to PA

PA says Congress members are delaying $159 million in aid in an effort to pressure the PA to relaunch negotiations with Israel.

Report: Congress delaying aid to PA

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.

PA confirms economic talks with Israel

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.

Saudi Arabia Increases Financial Aid to the PA

State Department 'Concerned' Over Cutting of Electricity in PA

State Department spokeswoman expresses concern over the IEC temporarily cutting off power in the PA because of its huge debt.

State Department 'Concerned' Over Cutting of Electricity in PA

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.

Abbas Threatens Israel Over Frozen Tax Revenues

Kerry Concerned Over 'Viability' of Palestinian Authority

Kerry warns PA may cease to exist if it does not soon receive tax revenue which has been withheld by Israel.

Kerry Concerned Over 'Viability' of Palestinian Authority

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.

Sweden Announces Aid Package to 'Palestine'

Iraq Donates $28 Million to the PA

Iraq donates $28 million to the Arab League as part of its contribution to support the PA.

Iraq Donates $28 Million to the PA

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.

Saudi Arabia Gives the PA $60 Million

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.

Republican Senator's Bill Would Halt Aid to PA

Washington Reviewing Financial Aid to PA Over ICC Bid

The United States reviewing its annual $440-million aid package to the PA because of its effort to join the ICC, says State Department.

Washington Reviewing Financial Aid to PA Over ICC Bid

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.

PA Asks for $3.8 Billion to Rebuild Gaza

Qatar to Financially Help Hamas-Fatah Government

Arab states to help pay the wages of Gaza's public sector workers, says deputy Hamas leader.

Qatar to Financially Help Hamas-Fatah Government

Senators to Kerry: Aid to PA Should be Conditioned

Senators Kirk and Rubio call on Kerry to state that aid to PA will be cut off if unity government fails to recognize Israel.

Senators to Kerry: Aid to PA Should be Conditioned

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.

Israel Begins to Implement Sanctions on PA

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.

PA Wants to Drill for Oil in Judea and Samaria

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.

Financial Crisis? PA Planning Airport and Railway

IMF: Failure of Peace Talks Will Further 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.

IMF: Failure of Peace Talks Will Further Hurt PA Economy

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

PA Chairman blames Israeli "occupation" for his entity's difficult economic situation.

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

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.

Electric Company Suggests: Cut Off Power to PA

Israel, PA Agree to Resume Economic Cooperation

Finance Minister Yair Lapid and PA counterpart agree to resume economic times frozen since November.

Israel, PA Agree to Resume Economic Cooperation

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.

Sweden May Slash its Aid to the PA

PA Official: The Financial Crisis is Getting Worse

The PA is $4.2 billion in internal and external debt, announces its deputy prime minister.

PA Official: The Financial Crisis is Getting Worse

'Israel is Sliding Into Total Dependence on the PA'

Factory owners: PA deliberately cuts taxes so that Israeli industry can't compete; Bennett must intervene.

'Israel is Sliding Into Total Dependence on the PA'

Kerry's Plan for PA Economy 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.

Kerry's Plan for PA Economy Receives Cool Reception

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.

Kerry Announces Plan to Boost PA Economy

Electric Company: PA Residents Not Forced to Pay

Palestinian Authority Arabs who do not pay for electricity are not cut off.

Electric Company: PA Residents Not Forced to Pay

Financial Crisis? 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.

Financial Crisis? PA Continues to Pay Jailed Terrorists

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.

U.S. Quietly Unblocks Financial Aid to PA

International 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.

International Donors Progress in Raising Funds for Failing PA

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.

PA Asks the World: Help Our Failing Economy

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.

IMF Warns Over PA Economy in New Report