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PA Finance Ministry borrows money from banks to continue paying terrorists’ salaries

Headline: "The [PA] Ministry of Finance: There is an interval of time when it is possible to continue borrowing from the banks, until July [2019]"

"[PA] Deputy Minister of Finance Farid Ghannam emphasized that the [PA] government has borrowed $54 million from the banks operating in Palestine since the beginning of the crisis of the theft of the tax money by the occupation government in February [2019] (referring to implementation of the Israeli Anti “Pay-for-Slay" Law to deduct terror salaries; see note below –Ed.). He noted that there is an interval of time when it is possible for the government to continue borrowing from the bank system, until July [2019]…

The deputy minister of finance also noted that the allowances (mukhassasat) of the families of the Martyrs (Shahids) and the prisoners will be paid in full, while the payment of the [PA] public employees’ salaries will continue to be at a rate of 50% with a minimum of 2,000 [Israeli] shekels, while the April salaries will be at a rate of 60% for the blessed Ramadan holiday."

Israel's Anti "Pay-for-Slay" Law

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