Finance Minister Bezalel Smotrich is reportedly seeking to advance a proposal to address the crisis over hundreds of millions of dollars in tax revenues that Israel has refused to transfer to the Palestinian Authority.
Israel sent some of the funds to the PA but left out nearly half of the amount, which makes up the sum that the PA uses to pay employees in the Gaza Strip, with Smotrich claiming the cash could be transferred to Hamas members.
The PA has refused to accept any of the funds so long as the money for services and employees in Gaza is not included.
The US has leaned hard on Israel to transfer the remaining funds, but Prime Minister Benjamin Netanyahu has yet to budge amid pressure from Smotrich.
However, Channel 12 reports that Smotrich has come up with a new proposal that would see the remaining funds transferred to the PA through a third party, such as Norway, on the condition that none of the money is transferred to the Gaza Strip.
The PA would be allowed to keep the money so long as it is not transferred to anyone in Gaza. If it makes such transfers, Israel will cease handing over any further tax revenues, according to Smotrich’s plan.
Channel 12 does not cite any sources for its reporting.
The network says the security cabinet will soon vote on Smotrich’s proposal.
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this