PA Finances (Page 2)

News for PA Finances

Steinitz Threatens PA with Sanctions Over UN Bid

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 02:23
Report: Fayyad to Resign as PA's Prime Minister

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, 01/11/2012 04:44
Israel Helps PA Economy, Lets More Workers In

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, 18/10/2012 06:14
European Minister Blames Israel for PA Crisis

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, 24/09/2012 06:44
Israel, PA Talking About Developing Gas

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, 24/09/2012 00:16
PA Ends Restriction on Imports from Israel

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, 23/09/2012 22:10
IMF, World Bank Warn: PA Risks 'Social Upheaval'

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, 20/09/2012 05:14
Protests Prompt Netanyahu to Give PA Aid Package

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, 12/09/2012 01:12
Fayyad: Ready to Resign Over Protests

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, 07/09/2012 10:47
'Arab Spring' Hits PA, Hundreds Protest in Shechem

'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, 06/09/2012 06:13
Britain to Support PA Financially Despite UN Bid

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, 02/09/2012 06:04
Abbas to Ask Islamic Countries for Major Aid

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, 13/08/2012 06:40
Abbas Meets Blair, Asks for Financial Support

Abbas Meets Blair, Asks for Financial Support

PA Chairman Mahmoud Abbas meets Quartet representative Tony Blair, called to support the PA financially.Elad Benari, 08/08/2012 01:14
PA, Israel Sign Agreements on Taxes, Goods

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, 01/08/2012 04:48
World Bank Says PA Economy Unsustainable

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, 26/07/2012 05:10
Saudis Give PA Emergency Donation

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, 16/07/2012 01:15
Abbas Meets Saudi King, Seeks Urgent Financial Aid

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, 13/07/2012 23:10
IMF Tells PA: Loan Request Denied

IMF Tells PA: Loan Request Denied

In a sign of how close the Palestinian Authority is to fiscal ruin, the IMF has denied a $100 million bridge loan via Israel.Gabe Kahn, 02/07/2012 17:49
PA Facing 'Worst Financial Crisis' Ever

PA Facing 'Worst Financial Crisis' Ever

The Palestinian Authority government is facing its “worst financial crisis” since its establishment, its labor minister says.Elad Benari, 02/07/2012 05:44
Gaza Banks in Currency Crisis

Gaza Banks in Currency Crisis

Gaza banks are answering withdrawal requests with multiple currencies, leading to an exchange rate crisis for local residents.Gabe Kahn, 14/05/2012 22:56
PA to Open Duty Free Shop in Jericho

PA to Open Duty Free Shop in Jericho

Palestinian Authority planning to open a duty-free shop in Jericho, near the Allenby Bridge crossing.Elad Benari, 02/05/2012 02:15
Obama Bypasses Congress, Frees Aid to PA

Obama Bypasses Congress, Frees Aid to PA

President Barack Obama signs a waiver declaring that aid to the PA is “important to the security interests of the United States.”Elad Benari, Canada, 28/04/2012 00:30
Abbas: Hamas Unity Deal 'Frozen'

Abbas: Hamas Unity Deal 'Frozen'

PA Chairman Mahmoud Abbas said unity with Hamas is going nowhere; and issued 'demands' for financial support to the Arab League.Gabe Kahn, 29/03/2012 16:31
U.S. Unblocks Aid to Palestinian Authority

U.S. Unblocks Aid to Palestinian Authority

Two Republicans in the House of Representatives release restrictions on the disbursement of U.S. assistance to the PA.Elad Benari, 25/03/2012 03:47
PA Wants Money More Than Peace

PA Wants Money More Than Peace

The PA is more than willing to talk about revenue building measures even as it refuses to come to the table to negotiate peace.Gabe Kahn., 22/03/2012 17:39
EU Contributes Funds to Upgrade Crossing into Gaza

EU Contributes Funds to Upgrade Crossing into Gaza

EU contributes 13 million euros to upgrade the Kerem Shalom crossing through which goods enter Gaza.Elad Benari, 21/03/2012 05:45
PA Denies 'Secret Economic Talks' with Israel

PA Denies 'Secret Economic Talks' with Israel

Israeli press reported that the Finance Ministry and the PA hope to sign a new economic agreement.Gil Ronen, 18/03/2012 21:07
Fayyad: No Aid Means Reduction in Expenses

Fayyad: No Aid Means Reduction in Expenses

PA Prime Minister Salam Fayyad says his government will reduce expenses if donor countries fail to pay aid they pledged to the PA.Elad Benari, 18/03/2012 06:30
New PA Threat: End Cooperation With Israel

New PA Threat: End Cooperation With Israel

The latest PA threat is to downgrade ties with Israel and cease security cooperation as the PLO rededicates itself to "resistance."Gabe Kahn., 21/12/2011 21:01
PA Corruption Probe: Maybe, Maybe Not

PA Corruption Probe: Maybe, Maybe Not

Ramallah's vaunted corruption probe proves to be more politics than principles as lawmakers say it all depends on unity talks with HamasGabe Kahn., 21/12/2011 19:48
Second PA Minister Indicted in Corruption Probe

Second PA Minister Indicted in Corruption Probe

Ramallah's ongoing corruption probe continues to cast doubts on popular claims that the PA is 'ready for statehood.'Gabe Kahn., 29/11/2011 21:48
Fayyad Warns: No Tax Money - No More PA

Fayyad Warns: No Tax Money - No More PA

Palestinian Authority Prime Minister Salam Fayyad: If Israel doesn't transfer our tax money, we will fail financially and cease to exist.Elad Benari, 25/11/2011 00:14
Cabinet Votes to Maintain PA Funds Freeze

Cabinet Votes to Maintain PA Funds Freeze

The Netanyahu government has decided to maintain its deep freeze on $100 million in monthly tax revenue transfers to Ramallah.Gabe Kahn., 14/11/2011 16:36
Report: PA Expects Israeli Funds to Resume

Report: PA Expects Israeli Funds to Resume

Officials in Ramallah don't believe Netanyahu's decision to freeze tax revenue transfers will be long lived.Gabe Kahn., 11/11/2011 10:08
Finance Ministry: PA Funds Not Delayed

Finance Ministry: PA Funds Not Delayed

Contrary to reports Finance Minister Yuval Steinitz had blocked NIS 380 million to the PA officials say the money will be "on time." Gabe Kahn., 31/08/2011 20:14
PA Gets EU Bailout

PA Gets EU Bailout

The EU and Sweden step in to save the PA from yet another financial crisis.Maayana Miskin, 12/08/2011 09:28