Israel, PA Reach Deal to Release Withheld Tax Revenues
Israel and the Palestinian Authority have agreed to release $500 million in withheld tax revenues to help alleviate economic pressures and address debt obligations. The move aims to enhance financial stability and cooperation between the two parties.
Published on April 13, 2025
Israel and the Palestinian Authority have finalized an agreement to release $500 million in withheld tax revenues. The funds, collected by Israel on behalf of the PA, are expected to ease economic pressures in the Palestinian territories while also addressing outstanding financial obligations, including debts to state-run electric and fuel companies.
Recent reports indicate that the deal was highlighted in articles from Reuters on January 12, 2025, and from The Times of Israel on January 13, 2025. This agreement not only aims to stabilize the PA's finances but also marks another step toward fostering cooperation between the two parties, building upon previous transfers noted in earlier reports from The Jerusalem Post.