BREAKING NEWS

PA pays partial November salaries to public employees

By JPOST.COM STAFF

DECEMBER 23, 2012 14:27

The Palestinian Authority on Sunday paid its employees partial November salaries, Palestinian news agency Ma'an, citing the PA Finance Ministry, reported.

Approximately 22 percent of government employees received their full salaries and the rest were paid between 50 and 90 percent, Ma'an reported, adding that the outstanding money would be paid as soon as possible.

Palestinian banks recently loaned the PA $100 million to ease a severe financial crisis which has intensified in the wake of Israel's decision to withhold from the PA for a few months tax revenue collected on behalf of the Palestinians.

Israel's decision to withhold the funds followed the Palestinians' successful bid last month to upgrade their UN status to non-member state.

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