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Israel's Finance Minister signs order to deduct PA tax revenues

April 1, 2019 2:03 P.M. (Updated: April 2, 2019 3:44 P.M.)
JERUSALEM (Ma'an) -- Israeli Minister of Finance Moshe Kahlon signed an order, on Sunday, to deduct 42 million shekels ($11,584,650) every month from the tax revenues that Israel transfers to the Palestinian Authority (PA) and is the amount the PA pays as stipends to the families of Palestinians killed or imprisoned by Israel.

According to a report presented to Israel’s security cabinet, the order signed by Kahlon deducts the monthly transfers over the course of 2019, amounting to 504 million shekels ($139,015,800).

Kahlon said in a statement, “I am convinced that there is no room for a reward for the murderers, and this is an important struggle in our just struggle against Palestinian terror. We cannot accept the payments to terrorists and therefore decided on the move. We are committed to terror victims.”

For this month’s tax revenues, Kahlon deducted about 30% of the total amount, which makes up 150 million shekels ($41,373,750), and transferred 550 million shekels ($151,687,250) to the PA.

In mid-February, Israel's security cabinet approved the deduction of $138 million from the tax revenues it collects on behalf of the PA under the Oslo agreement.

The deduction is deemed to be relative to the said amount that the PA allocates for stipends paid to Palestinian prisoners in Israeli custody, as well as the families of the prisoners.

It is noteworthy that Israel collects funds from imports into the West Bank and Gaza, in addition to other taxes, and forwards a large sum of it to the PA, after deduction of payments for water and electricity.

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