Categories: Economy

Palestine rejects Israeli funds

Palestine refuses to receive tax funds cut by Israel

According to information received from Palestinian government sources, there was a reaction to the decision of the Israeli Council of Political and Security Ministers to cut the share allocated to detainees, their families and the Gaza Strip from the Palestinian tax fund.

The Palestinian administration, which decided “not to raise the missing fiscal funds,” stated: “The decision to cut the funds allocated to Gaza means reinforcing the separation of the West Bank from Gaza.”

In its statement on November 3, the Israeli Council of Ministers stated: “Israel will cut off all communication with the Gaza Strip, there will no longer be Palestinian workers from Gaza (in Israel), and the workers who were in Israel on the day it began war will return to Gaza.”

TAX FUNDS OF PALESTINE

Palestinian tax funds; It is known as the taxes and duties imposed on goods imported from or through Israel to the Palestinian market. The Israeli Ministry of Finance collects 3 percent of these taxes, which amount to approximately $210 million a month.

In accordance with the Paris Economic Protocol signed between Israel and the Palestine Liberation Organization (PLO) in 1994, the Israeli administration transfers the $2 billion annually it collects on behalf of Palestinians from the border gates under its control to the treasury. Palestinian. (AA)

Source: Sozcu

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