BREAKING NEWS

Abbas: Israel to blame for dire state of Palestinian economy

By JPOST.COM STAFF

OCTOBER 12, 2013 16:03

Palestinian Authority President Mahmoud Abbas has blamed the "Israeli occupation" of the dire economic situation in the West Bank, Palestinian news agency Ma'an reported.

"The economic situation is really difficult, and the main reason is the Israeli occupation," Abbas told official PA television.

"Israel exploits our resources and lands which increased our economic deficit," he continued.

The PA president also expressed concern that the Palestinian Authority would be unable to pay salaries for its employees in November as a result of the difficult economic situation.

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