No 8

25 February 2002


Palestinian Budget May Suffer If Israel Deducts Private Debt

There is growing concern that thePalestinian budget may go under-funded if a proposal goes ahead to deduct moneyowed to private businessmen by Palestinian companies from money the IsraeliGovernment owes to the Palestinian Authority (PA). Aid agency sources inPalestine said that arrears owed by Palestinian businesses to Israeli businessesamounted to about $400mn, while Israel owes the PA $370mn in...