Norway Facilitates Transfer of Tax Funds from Israel to Palestinian Authority
TL;DR Summary
Norway has agreed to serve as an intermediary for the transfer of frozen tax funds collected by Israel and earmarked for the Palestinian Authority, preventing a financial collapse for the PA and enabling it to pay salaries and provide essential services. This temporary solution is critical for promoting stability in the region and ensuring the PA's legitimacy among its people. The portion of the revenue that Norway will keep equals the portion estimated for Gaza, and several Western countries, including the United States, also want the PA to play a role in the administration of the Gaza Strip.
Topics:world#financial-stability#international-relations#israel#norway#palestinian-authority#tax-funds
- Norway to transfer Palestinian Authority tax funds from Israel The Jerusalem Post
- Norway to help transfer of frozen tax funds to Palestinian Authority Reuters
- Ending standoff, Norway accepts Israeli framework for transferring tax revenues to PA The Times of Israel
- Norway says it agrees to transfer tax funds from Israel to Palestinian Authority The Times of Israel
- Norway PM sees imminent deal to transfer tax funds between Israel and Palestinians The Jerusalem Post
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