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PA allots tax revenues to Gaza to ease cash crisis
Published Thursday 05/01/2012 (updated) 07/01/2012 13:27
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A Palestinian aid worker carries a bag of flour at a United Nations food
distribution center in Shati refugee camp (IRIN/Suhair Karam)
GAZA CITY (Ma'an) -- Palestinian tax revenues collected by Israel amounting to 150 million shekels ($39 million) will be transferred to Gaza upon their release in the next 24 hours, the head of the Palestinian Monetary Authority said on Thursday.

The cash injection is intended to solve a critical shortage of currency in the blockaded Gaza Strip, PMA Governor Jihad al-Wazir said at an address to business students at the Islamic University in Gaza City.

International money transfer service Western Union has stopped its service to many currency exchange stores in the coastal enclave over concerns about money laundering, al-Wazir said.

While the currency centers were able to use Money Gram and Money Express, the PMA was working to resolve the Western Union shutdown as soon as possible, he added.

A shortage of currency has held up payment of public sector employees' wages in recent months, and al-Wazir said the deficit of shekels was increasing the price of the dollar in the coastal strip, which has been under a stringent Israeli blockade since 2007.

Transferring currency to the Gaza Strip requires coordination with the Israeli military authorities.

In 2010, Hamas security forces were reported to have seized $400,000 from a bank in Gaza after the Palestinian Authority froze transfers due to regulatory concerns and accusations of money laundering.
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1 ) Tobias / USA
05/01/2012 15:01
Soon the Cash Cycle will be closed:
1- Israel to the PA, Collected & Transferred Taxes,
2- The PA to Gaza, Transferred Taxes, and
3- Gaza back to Israel, Spent Taxes, in the form of rockets !!!

And, when this cycle is closed, Israel will logically put an end to it,
since there is absolutely NO reason for Israel (or any country),
to pay for the rockets, that Hamas (or any enemy) will fire at it's civilians !!!

2 ) southparkbear / usa
05/01/2012 16:42
here's a good reason to block tax transfer

3 ) Leora / Tel-Aviv
05/01/2012 17:22
You racist people.. Do you think that Hamas needs the taxes money to pay for rockets? You are so naive! Blocking tax transfer is not a good solution, bc this is the Authority's money and not Israel's money. Israel just collect the money (in accordance with Oslo accords) that Palestinian merchants supposed to pay to the Authority!

4 ) @ Leora #3 / Both Are Braking Promises
05/01/2012 19:46
You are of course right, that it is THEIR MONEY, per Oslo,
but the Accord also included a THEIR PROMISE NON-VIOLENCE,
and a negotiated resolution to the Conflict !!!

Probably the PLO never really intended to honor these promises,
- but now with Hamas as a major part of the government,
the PA can NOT even pretend to honor these promises,
- and now that these PA promises are clearly worthless,
ISRAEL SHOULD NOT FINANCE MURDER & RESISTANCE AGAINST ITSELF.
- Be Reasonable !!

5 ) @ Leora #3 / Racist - Survival
05/01/2012 20:01
If you fly out of Ben Gurion, and go through Israeli security at the same time as Palestinians, you will see a very clear racially profiled policies !!

However, if USA citizens, instead of Palestinians, had for decades
planned attacks at Ben Gurion, these policies would profile them,
instead of Palestinians !!

So Clearly, this policies are in place to ensure the SURVIVAL of travelers,
and not to punish Palestinians or any other race, and the same is true for the Oslo Taxes !!!

6 ) shirley / australia
06/01/2012 09:48
EVER NOTICED THE IN HUMAN OCCUPATION OF PALESTINIANS YOU PERPRETRATE THEN START WINNING ABOUT PEACE WHEN HAS ISREAL EVER ABIDED BY SO CALLED OSLO FARCE THAT ISREAL REWROTE TO ENSNARE PALS THE BLOCKADE IS A WAR CRIME AND THE TRANSFER OF YOUR ZIONIST ILLEGAL SETTLERS IS AGAINST INTERNATIONAL LAW AND ISREAL BY INTERNATIONAL IS NOT ALLOWED TO COLLECT OR TAX OCCUPIED POPULATION ISREALS CONSTANT INCURSIONS AND KILLING CIVILLIANS FISHERMEN ETC WHO IS THE ONE WAGING WAR

7 ) @ Shirley #6 / The Way Is Clear
06/01/2012 15:21
1- It has taken a long time, but the PLO has finally held talks,
WITHOUT PRECONDITIONS regarding settlements.

2- IF the PLO moves from these talks into real NEGOTIATIONS,
again without preconditions regarding 1967 borders,
then the talks could become a border agreement.

3- Then, IF the PLO moves that agreement forward, WITHOUT
a) trying to flood the Jewish state with Arab REFUGEES, &
b) CONTINUING THE CONFLICT with the Jewish state,
then PALESTINE COULD BE CREATED !!!!

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