Netanyahu renews tax revenue transfers to Palestinian Authority

Prime Minister Binyamin Netanyahu Friday ordered the release of frozen tax revenues to the Palestinian Authority. The funds were suspended three months ago, after the PA filed war crimes charges against Israel at the International Court in The Hague. Netanyahu accounted for his decision to resume the transfer of some NIS 500 million (app. $125 million) in accrued in tax revenue – parts of which will cover PA indebtedness to Israel for electricity, water and medical costs – by the humanitarian distress in Palestinian areas and Israel’s wider interests. “In the deteriorating situation in the Middle East, it behooves us to act responsibly and prudently, while taking a strong stand against extremists,” he said.