Israel to transfer NIS 500 million in withheld taxes to Palestinians
  • 8 years ago
Israel has decided to take a series of steps meant to help improve the economic situation of the Palestinian Authority, including the transfer of NIS 500 million in withheld tax money.
Finance Minister Moshe Kahlon, after consulting with Defense Minister Moshe Ya'alon, has also decided to issue thousands of additional work permits for Palestinians to work in Israel, as well as reduce commissions Israel charges from the Palestinians.
Kahlon shares the defense establishment's assessment that the way to mitigate the recent wave of violence is by improving the Palestinians' economic situation and creating hope on the Palestinian street.
He further stressed to Bishara that in return for the transfer of these funds, Israel expects the Palestinians to stop the incitement on PA media and for Palestinian President Mahmoud Abbas to condemn the terror attacks.