Live
- Hailstorm-hit Vistara flight returns to Bhubaneswar airport
- PM Modi-led govt saved people during pandemic: Union Minister Anurag Thakur
- Heat wave grips Telangana, mercury crosses 46 degrees Celsius in few places
- New India believes in giving a dose, not dossiers, to terror masterminds: PM Modi
- Nagarkurnool MLA Kuchukulla Rajesh Reddy should send Malluravi to Parliament for the third time
- Awareness conference on Mayday under the auspices of Legal Service Authority
- Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled
- Rohit said 'just show us what you can do', recalls Shivam Dube post T20 WC selection
- Resignations of Lovely, Naseeb and Basoya indicate Congress high command's disconnect with ground reality
- Hamas standing in way of ceasefire, Blinken says during meeting with Israeli PM Netanyahu
Palestine, US reach agreement to resolve PA funds held by Israel: Source
The Palestinian Authority (PA) reached an agreement with the US to address the issue of Palestinian funds detained by Israel, a source said.
Ramallah: The Palestinian Authority (PA) reached an agreement with the US to address the issue of Palestinian funds detained by Israel, a source said.
According to the official, the agreement outlines a process wherein the Israeli government will check the list of PA's employees in the strip to ensure no Hamas members are included, reports Xinhua news agency.
The source mentioned that the proposal for this agreement came from US National Security Advisor Jake Sullivan, who recently met with Palestinian President Mahmoud Abbas in Ramallah.
Under the agreement, the Israeli government is expected to transfer tax revenues on Palestinian goods through Israeli crossings, in return for a 3 per cent commission in accordance with the economic agreement between Israel and the Palestine Liberation Organization.
Previously, the Israeli government claimed that the PA has been funding Hamas officials in Gaza, thus subtracting the money designated for the territory.
The allegation has been rejected by Ramallah, saying that its payments in Gaza are solely salaries to its employees there.
Under the Oslo Accords, Israel is responsible for collecting customs duties and other tax revenues on behalf of the PA.
Part of the funds go to pay for expenses in Gaza, including the salaries of health workers, that are still covered by the PA even though Hamas controls the blockaded enclave.
