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Israel set to transfer tax revenues to Palestinians

English.news.cn   2014-04-28 17:47:48

 

RAMALLAH, April 28 (Xinhua) -- Palestinian tax money withheld by Israel will soon make its way to Palestinian government accounts, a Palestinian official said on Monday.

Minister of Labour Ahmed Majdalani told Xinhua that Israel has officially informed the Palestinian side that the money of tax revenues for April will be transferred by the end of the month.

However, Israel has not said if it will continue to transfer the tax revenues for next months, Majdlani said.

Earlier this month, Israeli officials announced that tax revenues Israel collects from goods imports on behalf of the Palestinians would be frozen in response to the Palestinians' request to join 15 international conventions.

Tax funds amount to one billion U.S dollars each year, or two- thirds of the Palestinian government's budget.

Israel always threatens to freeze the tax money as punitive measure whenever there is political tension with the Palestinians.

Peace talks between the Palestinians and the Israelis have worsened a few days before they end by the end of April.

The U.S. has been trying to revive the negotiations. But officials on both sides say all attempts have so far failed.

 

Editor: Fu Peng
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