Current Edition About Subscribe The Jerusalem Center

Daily Alert Archive

Every Daily Alert Since 2002

Search

Search more than 90,000 news items by topic, author, or source.
Use " " to search for multiple words and phrases.

Trending Topics

March 29, 2013       Share:    

Source: http://www.globes.co.il/serveen/globes/docview.asp?did=1000832905&fid=1725

Palestinians Still Owe Israel Electric Corp. NIS 730 Million

(Globes) Amiram Barkat - Israel currently supplies all electricity needs to the West Bank, and the Palestinian Authority currently owes the Israel Electric Corp. (IEC) NIS 730 million ($200 million). In late 2012, former Minister of Finance Steinitz halted the transfer of tax revenues collected by Israel on behalf of the PA in response to the UN General Assembly's recognition of the State of Palestine, and the withheld funds were used to pay, in part, the Palestinians' debt to IEC. However, following President Obama's visit to Israel last week, Prime Minister Netanyahu decided to release the withheld funds as a goodwill gesture to the PA.

View the full edition of Daily Alert

Back to Archive

Subscribe to Daily Alert: