Palestinians face financial crisis as Trump team prepares Mideast plan

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RAMALLAH, WEST BANK (REUTERS) - Israel and the United States are putting the financial squeeze on the Palestinian Authority (PA), where opposition to a long-awaited US peace plan and anger over Israeli sanctions remain strong.. Read more at straitstimes.com.

RAMALLAH, WEST BANK - Israel and the United States are putting the financial squeeze on the Palestinian Authority , where opposition to a long-awaited US peace plan and anger over Israeli sanctions remain strong.

The deducted sum represents the amount of money paid by the Authority, which exercises limited self-rule in the West Bank, to families of Palestinians convicted and jailed by Israel for security offences, including lethal attacks on Israelis.Palestinians hail their jailed brethren as heroes in a struggle for an independent state and their families as deserving of support.

While the United States and Israel are applying financial pressure to the Palestinian Authority for different reasons, it is happening just as the PA is being leant on to accept the US peace plan. Such a strategy, he said, stemmed from the"misguided belief that economic benefits could be sufficiently compelling for Palestinians to relinquish their political demands".

The Palestinians have long sought to set up a state in the West Bank and Gaza Strip, territory Israel captured in the 1967 Middle East War. For Israel, weakening the Palestinian Authority could have an impact on Palestinian security forces that cooperate with the Israeli military in the West Bank.

 

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