Netanyahu, Kahlon reportedly plan for possible financial collapse of PA


Map of Israel and the Region(Worthy News) – Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon have reportedly discussed emergency plans, should the Palestinian Authority’s financial system collapse over its refusal to accept tax dividends collected by Israel, according to television reports Sunday.

The two met Sunday to discuss what plans to put in place and what possible moves would keep the Palestinians solvent, amid fears that financial woes could cripple the Palestinian economy and destabilize the West Bank, according to the reports.

Israel announced in February that it would withhold $138 million in monthly payments to the PA — to offset the PA’s payments to Palestinians jailed by Israel for terrorism and violence, and to the families of dead terrorists. [ Source: Times of Israel (Read More…) ]

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