Israel approves NIS 2.5 billion in tax revenue to PA: report
Israel's security cabinet also decided to deduct NIS 600M from the Palestinian tax revenues
Israel's security cabinet approved the transfer of around NIS 2.5 billion ($754 million) in tax revenues to the Palestinian Authority (PA) after 6 months of the PA refusing to collect the funds, Israeli media reported Sunday evening.
The cabinet also decided to deduct NIS 600 million from the Palestinian tax revenues due to the stipends paid by the PA to prisoners and families of terrorists, according to Walla News.
Abbas is set to meet with Egypt's President Abdel Fattah el-Sisi and Jordan's King Abdullah II.
The trip, Abbas's first since the outbreak of COVID-19 pandemic, could work as a precursor for coordination between Ramallah, Cairo and Amman, Palestinian sources say.