GAZA - Iran has cut back or even stopped its funding of Hamas after the Islamist movement, which rules the Gaza Strip, failed to show public support for Syrian President Bashar Assad, diplomats said on Sunday.
Hamas has denied that it is in financial crisis but says it faces liquidity problems stemming from inconsistent revenues from tax collection in the Gaza Strip and foreign aid.The diplomats cited Iran's displeasure over Hamas' refusal to hold rallies in support of Tehran's ally, Assad, in Palestinian refugee camps in Syria after an uprising against his rule. Hamas' leadership outside the Gaza Strip is headquartered in Damascus.
Hamas is also widely believed to receive money from the Muslim Brotherhood, Egypt's most popular and organized political force. Diplomats said those payments also may have been reduced because the Brotherhood has diverted funds to support the so-called Arab Spring revolts.