BREAKING NEWS

Fatah: PA financial crisis will lead to 'popular explosion'

The severe financial crisis in the Palestinian Authority would lead to a "popular explosion" in the face of Israel in any moment, Fatah spokesman Ahmed Assaf cautioned Thursday.
"The severe crisis is part of a collective punishment policy against the Palestinians" because of the UN vote in favor of upgrading the Palestinians' status to non-member observer state, Assaf said.
He added that the current crisis was the result of Israel's decision to confiscate Palestinians' tax and customs revenues and the failure of the Arab countries to fulfill their promises to fund the PA.
"The Palestinian people will resist this blockade," the Fatah spokesman said. "We won't surrender or give up our rights. We also won't remain silent toward those who are besieging us politically, financially and economically."
Assaf said that the international community would have to bear the repercussions of the financial crisis. He also urged the Arab countries to meet their commitments towards the Palestinians.