Economy & Aid
Israel approves 2.6 billion sheqel cut to Palestinian tax revenues for military
Economy & AidGraphic: Times of Palestine
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Israel has approved the deduction of 2.6 billion shekels from Palestinian tax revenues, with the funds directed to the Israeli military, the Ma'an news agency reported. The move affects revenues collected on behalf of the Palestinian Authority under existing fiscal arrangements.
The deduction represents a significant reduction in Palestinian government income at a time when the Authority faces mounting financial pressures and inability to pay civil service salaries.
