The Diplomatic-Security Cabinet has approved the transfer of around 2.5 billion shekels ($754 million) in tax revenues Israel collects on the Palestinian Authority's behalf.
The cabinet decided to deduct 600 million shekels ($181 million), the equivalent of the total stipends paid by the PA to terrorists and their relatives, from the Palestinian tax revenues it is set to transfer, the Walla news website reported.
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Israel collects the levies on Palestinian imports that go through its ports. Under Israeli law, the government deducts from these funds the salaries the PA pays the families of terrorists killed during or jailed for committing attacks against Israelis, in an effort to discourage Ramallah's highly controversial "pay-for-slay" policy.
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The PA had refused to accept hundreds of millions of dollars in tax revenue, first over Israel's intention to deduct the stipends Ramallah pays terrorists and their families from the tally, and later over Israel's intention to extend sovereignty to large parts of Judea and Samaria and the Jordan Valley under the US Middle East peace plan – a move that has been temporarily suspended as part of Israel's peace deal with the UAE.
This article was first published by i24NEWS.
