News for PA Finances PA to receive more than 1 billion shekels from IsraelPA to receive a transfer of 1.5 billion shekels from Israel amid dispute between the sides over payments to terrorists. Greenblatt calls on donor countries to reconsider aid to PAOutgoing US envoy: Hamas and the PA are squandering opportunities to ensure better lives for Palestinians. World Bank: PA economy in deep crisisIn new report, World Bank says Palestinian Authority faces financing gap that could top $1.8 billion. Arab League reaffirms safety net for PAArab League reaffirms a pledge to pay $100 million a month to the Palestinian Authority. PA 'prime minister' blames Israel for financial woesMohammed Shtayyeh says PA's financial crisis caused by Israel offsetting terrorist salaries from PA tax funds. Greenblatt to PA: Take responsibility for your economyUS envoy responds to PA cabinet leader who claimed in interview that the PA is on the verge of collapsing. PA delegation meets with KahlonPA delegation met Finance Minister in attempt to reach understandings that would allow the transfer of tax revenues collected by Israel. EU accepts Israeli request to aid PAEU foreign policy chief says EU will provide €22 million in humanitarian assistance to PA. Israel asks world to donate to PAIsrael reportedly interested in pressuring Abbas to accept tax revenues despite offsetting of terrorists' salaries. PA accuses US of pressuring Arab states to stop financial aidPA “foreign minister” says PA is looking for legal ways to stop US pressure on Arab states to stop their financial aid to the PA. UN asks for donations for PAUnited Nations urges donor states to provide $350 million in aid for the Palestinian Authority in 2019. Saudi Arabia increases financial aid to PASaudi government announces increase in financial aid to the Palestinian Authority. UN appeals for $547 million in aid to PAUN launches appeal for $547 million to help 1.6 million Palestinian Arabs. The PA continues to spend its budget on terrorist salaries.Saudis delay transfer of money to PAPA says Saudi Arabia has failed to transfer its monthly financial aid for seven straight months. Britain suspends aid to PA over terror fundingBritain suspends millions of pounds in aid payments to the PA amid concerns the money is ending up in the hands of terrorists. World Bank calls on donors to help PAWorld Bank says international donor support is a must to maintain the PA's budget-cutting achievements. Report: Congress delaying aid to PAPA says Congress members are delaying $159 million in aid in an effort to pressure the PA to relaunch negotiations with Israel. PA confirms economic talks with IsraelPA Finance Minister confirms he met Israeli counterpart Kahlon to discuss an economic agreement to boost the PA economy. Saudi Arabia Increases Financial Aid to the PASaudi Arabia to increase its monthly aid to PA to $20 million, bringing its yearly aid to the PA budget to $60 million. State Dept. ;Concerned' Over PA ElectricityState Department spokeswoman expresses concern over the IEC temporarily cutting off power in the PA because of its huge debt. Abbas Threatens Israel Over Frozen Tax RevenuesPA chairman tells European leaders he will stop security coordination with Israel if it continues to withhold the PA’s tax revenue. Kerry Concerned Over 'Viability' of PAKerry warns PA may cease to exist if it does not soon receive tax revenue which has been withheld by Israel. 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. Iraq Donates $28 Million to the PAIraq donates $28 million to the Arab League as part of its contribution to support the PA. Saudi Arabia Gives the PA $60 MillionSaudi Arabia provides the PA with $60 million, covering the Kingdom's financial contribution to the PA for October, November and December. Republican Senator's Bill Would Halt Aid to PARepublican Senator Rand Paul introduces a bill that would immediately halt aid to the PA until it drops its bid to join the ICC. Washington Reviewing Financial Aid to PAThe United States reviewing its annual $440-million aid package to the PA because of its effort to join the ICC, says State Department. PA Asks for $3.8 Billion to Rebuild GazaPA Prime Minister Rami Hamdallah says he has asked for $3.8 billion in urgent aid to help rebuild Gaza following the fighting. Qatar to Financially Help Hamas-Fatah GovernmentArab states to help pay the wages of Gaza's public sector workers, says deputy Hamas leader. Senators to Kerry: Condition Aid to PASenators Kirk and Rubio call on Kerry to state that aid to PA will be cut off if unity government fails to recognize Israel.Israel Begins to Implement Sanctions on PAIsrael has started to deduct the PA’s debts from the tax money it collects on its behalf, and more is on the way. PA Wants to Drill for Oil in Judea and SamariaPA announces tender for oil exploration, ignores the fact that the exploration area is in a region under Israeli control. Financial Crisis? PA Planning Airport and RailwayPA announces several new transportation related projects and is even seeking to expand into areas under Israeli control. IMF: Failure of Peace Talks Will Hurt PA EconomyNew IMF report says that success in peace talks could boost the PA’s economic growth, but failure could cause increased debt. Abbas: We Can't Pay Salaries, it's Israel's FaultPA Chairman blames Israeli "occupation" for his entity's difficult economic situation. Electric Company Suggests: Cut Off Power to PAThe Israel Electric Corporation has put together a list of sanctions to impose on the PA, which owes it 820 million shekels. Israel, PA Agree to Resume Economic CooperationFinance Minister Yair Lapid and PA counterpart agree to resume economic times frozen since November.Sweden May Slash its Aid to the PASweden is considering slashing its aid to the PA because of a lack of progress in achieving a two-state solution, says a Swedish minister. PA Official: The Financial Crisis is Getting WorseThe PA is $4.2 billion in internal and external debt, announces its deputy prime minister. 'Israel is Sliding Into Total Dependence on PA'Factory owners: PA deliberately cuts taxes so that Israeli industry can't compete; Bennett must intervene. Kerry's Plan for PA Receives Cool ReceptionA $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 Announces Plan to Boost PA EconomyU.S. Secretary of State John Kerry unveils plan to boost the PA's economy by attracting $4 billion in private investment. Electric Company: PA Residents Not Forced to PayPalestinian Authority Arabs who do not pay for electricity are not cut off. PA Continues to Pay Jailed TerroristsThe PA, despite complaining that it is suffering from a severe financial crisis, is continuing to pay to terrorists in Israeli prisons. U.S. Quietly Unblocks Financial Aid to PAThe United States has quietly unblocked almost $500 million in aid to the Palestinian Authority which had been frozen by Congress. Donors Progress in Raising Funds for Failing PAInternational donors are making progress toward finding the $1.2 billion needed to help fund the PA, officials say.PA Asks the World: Help Our Failing EconomyThe Palestinian Authority has urged the world to step up financial aid and press Israel to allow economic development. IMF Warns Over PA Economy in New ReportThe International Monetary Fund calls on Israel and the PA to help support the economy of Gaza and Judea and Samaria.Saudis Offer More Money to Cash-Strapped PASaudi Arabia will contribute $20 million each month to the Palestinian Authority, a Saudi official says. PA to Receive $100 Million from Saudi ArabiaThe Palestinian Authority, facing its worst financial crisis ever, will receive financial assistance from Saudi Arabia. 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. Arab League Chief to Visit RamallahArab League chief Nabil al-Arabi will visit Ramallah and focus on a financial "safety net" to ease the economic crisis in the PA government. Fayyad: Arab Countries Evading Commitment to PAPA Prime Minister Salam Fayyad calls for an urgent Arab summit to address the PA's financial crisis. PA Government Workers Go on StrikeEmployees of the Palestinian Authority government across Judea and Samaria start a strike over unpaid salaries. As usual, they blame Israel. 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. Arab League Pledges 'Safety Net' to AbbasRepresentatives of the Arab League pledge to transfer a monthly sum of 100 million dollars as a “financial safety net" for PA.Israel Transferred Money to PA Despite UN BidTwo 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. |
