The temporary solution will allow payments to resume and prevent a financial collapse for the PA, Norway said.
Since the beginning of the war, there has been no mail service in the North, and critical documents aren't reaching those displaced in hotels.
The request came as the United States, along with numerous other countries, suspended UNRWA funding following a UN Watch report that claimed staff participated in October 7.
“The frozen funds will not be transferred to the Palestinian Authority but will remain in the hands of a third country,” the PMO explained.
The Treasury's program to revive periphery demand includes discounts on new apartments, subsidies for veterans, exploring foreign contractors, and government-guaranteed loans for struggling builders.
The Finance Ministry seeks to scrap VAT exemption on overseas purchases, for a potential increase of NIS 3 billion in revenue; Israeli retailers welcome the move, but what about the citizens?
Brian White is one of the top (if not the top) tax experts in the UK, a man of action, and a man of charity both in the UK and Israel.
The Israel-Hamas war is adding to the government’s budgetary needs. So, taxes won’t be cut any time soon.
Crown Prince Mohammed bin Salman, has made serious efforts in recent years to turn the country into a viable alternative to the United Arab Emirates as a regional hub of finance, industry, and trade.
The moral seems to be: don’t overdo your tax planning. But this was not the finest hour for anyone involved.