PA To Receive More Than 1 Billion Shekels From Israel

The Palestinian Authority (PA) will receive a transfer of 1.5 billion shekels ($430 million) from Israel, officials from the two governments said Friday.

Israel will continue to deduct money from the transfers to account for the PA’s payments to prisoners, a decision that sparked the row, but the two sides have agreed to further talks to resolve that issue, the PA’s “civil affairs minister” Hussein al-Sheikh said, according to AFP.

Shai Babad, director general of Israel’s finance ministry, told AFP the transfer would be made on Sunday to the PA government, which is facing a crippling financial crisis caused by the dispute.

Read more at Arutz Sheva.

{Matzav.com}