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Asharq Al-Awsat
Asharq Al-Awsat
World
Ramallah - Asharq Al-Awsat

PLO Member Denies Intention to Clash with the UAE

The national flags of Israel and the United Arab Emirates flutter along a highway following the agreement to formalize ties between the two countries, in Netanya, Israel August 17, 2020. REUTERS/Nir Elias

The Palestinian leadership does not intend to clash with the United Arab Emirates but hopes that it would reconsider its stance from Israel, member of the Palestine Liberation Organization Executive Committee Azzam al-Ahmad said.

The Palestinians have in the past days criticized the peace deal between UAE and Israel.

The Palestinian Authority has been suffering from a severe financial crisis since its rejection of tax revenues collected on its behalf by Israel, a total of approximately USD190 million per month, which exceeds half of the Authority’s budget.

The rejection came after the Authority’s announcement of scrapping all bilateral agreements with Israel in May.

In addition to the taxes, the Authority relies on grants, aid, and domestic and foreign loans, which have suffered a setback over the novel coronavirus outbreak.

In the past few months, the PA borrowed from banks to pay 50 percent of the employees’ salaries.

Two days ago, Palestinian Prime Minister Mohammad Shtayyeh pledged to pay the rest of the wages soon.

However, al-Ahmad stated that the Arab states refused to lend the PA.

Palestine had asked the Arab League for a loan, but was turned down. So it turned to Qatar, although its request hasn’t been met yet.

With the absence of funds from Arab states, it seems that the PM is hinting at getting the Palestinian funds from Israel.

Cleared funds are considered the key income source to pay public employees’ salaries, and they are estimated at 2.6-2.4 billion shekels between May and August 2020.

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