Live Update
From the Liveblog of
Wednesday, April 8, 2015
PA says it received $100 million from Qatar
The Palestinian Authority says it has received a $100 million loan from Qatar to help pay civil servants’ salaries and alleviate an economic crisis triggered by a row with Israel over taxes, Reuters reports.
According to the report, President Mahmoud Abbas, who is on a tour of the Gulf state, issues a statement thanking Qatar for the loan. There is no immediate confirmation or comment from Qatari officials.
Early this week Abbas refused a transfer of tax funds withheld by Israel unless the money was paid in full. Israel wanted to deduct the PA’s debts to utility and service companies before transferring the money.
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