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HomeBreadcrumbCalendarsBreadcrumbEconomic Calendar

Israel transfers December tax revenue to Palestinian Authority to ease economic crisis

February 2013
Palestinian Territory

Published: 31 Jan 2013 | By Maria Micudova and 1 other | Last updated: 31 Jan 2013
   
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Israel transfers December tax revenue to Palestinian Authority to ease economic crisis -
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Israel transfers the tax and customs revenue collected in December 2012 to the Palestinian Authority to help ease the territory's economic crisis.


The decision, announced in late January, reverses an earlier announcement that Israel would withhold four months of revenues and use it to offset part of the Palestinian debt to Israeli companies. The move was meant to punish the Palestinians after their successful bid to upgrade their UN status to that of a non-member observer state. 

Israel said that the release of up to $100 million was "a one-time event" and was "not an indication of what Israel might do next month".

Source
Israel to Transfer Tax Funds to Palestinians www.nytimes.com, 30/01/2013
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About this event
Created by Maria MicudovaCreated by Maria Micudova
on Thu 31 Jan 2013
Modified by Yafit LazarLast modified by Yafit Lazar
on Thu 31 Jan 2013
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Location: Palestinian Territory
Expected date: February 2013
Planning: confirmed
Ended: 83 days ago

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