Palestinian Authority

Is Palestinian Authority on the verge of collapse due to its financial crisis?

Is Palestinian Authority on the verge of collapse due to its financial crisis?

Palestinian Authority

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Gaza Post / GAZA// Israeli authorities expressed its fear that the Palestinian Authority 'PA' may collapse because of the financial drop that has plagued it, particularly after the procedures Israeli has taken regarding the PA tax revenues.

From its side, the Hebrew Channel 12 stated that Israeli security wings warn that Israeli is facing a dead end with the PA that may collapse if Israel continues to cut the tax revenues.

"We have only two options, either to continue with the cut or to expect the collapse of the PA", said military analyst Roni Daniel.

The Israeli Channel 11 added that Israel demanded from world countries to help set up projects in the West Bank and provide assistance to the Palestinians.

Israel also asked Europe countries to persuade the Palestinian president Mahmoud Abbas to accept the tax revenues that he refuses to receive because of the Israeli cut of prisoners' and martyrs' shares under the pretext that these shares are given to families of those who participate in "terror attacks" as they describe.  

In this regard, the Israeli Television said that Israel has reached to a locked and dead road. The Israeli authorities are forced to expect the PA financial collapse or to lift the cuts of the imposed tax revenues. 

Rewaa Abu Helow  

 

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