Tags:

Palestinian Authority Can't Pay Salaries in May

Monday, 09 May 2011 10:30 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

RAMALLAH, West Bank, May 9 (Reuters) - The Palestinian Authority said on Monday it had not been able to pay salaries for the first time since 2007 because of Israel's decision to halt the transfer of funds it collects on its behalf.

Prime Minister Salam Fayyad said Israel's decision, a move driven by Israeli concern over a Palestinian unity deal including Hamas, had put the Ramallah-based government in a "very difficult" financial position.

Fayyad said the PA had paid salaries to its 150,000 employees promptly on the 5th day of every month since mid-2007. "We are now on the 9th and we have not been able to meet this obligation," he said.

The Israeli government headed by Prime Minister Benjamin Netanyahu decided on May 1 to halt the transfers which make up 70 percent of PA revenues, citing fear that the money would go to Hamas, a militant group hostile to Israel. (Reporting by Ali Sawafta; Writing by Tom Perry)

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Suspect in Killing of Deputies Was Twice Deported

Saturday, 25 Oct 2014 23:04 PM

Federal authorities say a man suspected of killing two deputies during a shooting rampage in Northern California was dep . . .

IRS Seizes Money From Those Accused of No Crime

Saturday, 25 Oct 2014 22:34 PM

The Internal Revenue Service has been seizing money from the bank accounts of individuals and businesses with no proof,  . . .

US Struggles to Turn the Tide Against ISIS

Saturday, 25 Oct 2014 21:50 PM

After more than two months of air strikes, a U.S.-led coalition has prevented the fall of a northern Syrian town to Isla . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved