Fayyad Warns: No Tax Money - No More PA

Arutz Sheva ^ | 25/11/11 | Elad Benari

[Eleutheria5]

The Palestinian Authority may soon fail financially and cease to exist, its prime minister warned on Thursday.

Salam Fayyad warned that if Israel does not resume the transfer of tax revenues it collects for the PA, the entity will collapse economically and thus cease to exist. Already now, Fayyad claimed, the PA cannot pay salaries to its employees.

Channel 10 News reported that Fayyad made the comments following a meeting with Norway’s Foreign Minister Jonas Gahr Støre. According to the report, Fayyad said that the collapse of PA institutions “is advancing rapidly toward the point at which they will stop operating.”

“We have no money,” Fayyad was quoted as having said. “It’s not about donations or international assistance we receive,” he added, blaming the Israeli decision to freeze the taxes it collects for the PA as being the reason for the impending collapse.

A recent World Bank report, while admitting that the PA is undergoing a financial crisis, said the crisis was primarily due to the lack of donor countries fulfilling their pledges to fork over billions of dollars to Ramallah.

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[Eleutheria5]

Jordan of course will totally go along with that.