11 décembre 2012

Only 37% of PA electricity debt covered

         The Finance Ministry transferred NIS 273.5 million (about $71.35 million) to the Israel Electric Corporation in recent days to cover 37% of the Palestinian Authority's electricity debt, which has reached NIS 731 million ($190.7 million) over the past year. The source of the funds transferred to the Electric Corp is the deduction of tax revenues collected by Israel on behalf the PA and transferred to the cash-strapped authority on a monthly basis.The said arrangement stems from an... [Lire la suite]
Posté par Rodica à 08:59 - Permalien [#]