Due to the PA (Palestinian Authority) financial crisis, Prime Minister Binyamin Netanyahu on Tuesday ordered the transfer of a 250 million NIS advance to the PA from tax revenues collected by Israel.

Prime Minister Netanyahu, who consulted on the issue with Finance Dr. Minister Yuval Steinitz, communicated the directive via his special envoy, Isaac Molcho, who coordinated with the PA leadership.

Earlier in the day, at his meeting with Bulgarian Prime Minister Boyko Borissov, Prime Minister Netanyahu referred to the issue: “We are working on several fronts in order to help the Palestinian Authority cope with its economic problems. We have made several changes in the taxation agreements. We are advancing certain transfers. We have also helped with Palestinian workers and with a series of other steps in order to make things easier for them. Of course, there is a global reality and it is also related to the internal management of every economy, but for our part we are making efforts to help the Palestinian Authority survive this crisis. I hope that they will succeed in doing so; this is our in our common interest.”

(YWN – Israel Desk, Jerusalem)