Israel says transferring frozen tax money to ease Palestinians' financial woes
{{#rendered}} {{/rendered}}Israel says it is transferring tax revenues to the Palestinian Authority that were frozen last year.
A government statement on Wednesday says it is a one-off arrangement meant to ease the Palestinian Authority's economic woes. It said it is handing over last month's tax take of about $100 million.
Israel's monthly tax transfers to the Palestinians — the result of taxes and customs duties that Israel collects on behalf of the Palestinians — are a key element in the Palestinian government budget. The Palestinian government is struggling to pay the salaries of its tens of thousands of workers.
{{#rendered}} {{/rendered}}Israel froze the monthly payments after the U.N. endorsed a de facto Palestinian state in the West Bank, east Jerusalem and Gaza in November.