Israeli regime freezes tax remittances to Palestinian Authority

posted by
May 1, 2011
Financial Times [UK]    
Posted in News

"Israel is freezing the transfer of all tax and customs revenues that it collects on behalf of the Palestinian Authority, saying it fears the money could be used by the Islamist Hamas group to fund attacks on Israel. The latest monthly tranche, which the Palestinian [Arabs] say is worth about Shk360m ($106m), was due in the coming days. The move comes after Hamas and Fatah, the two main Palestinian [Arab] factions, revealed a plan to form a unity government and end almost four years of bloody rivalry." (05/01/11)  

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