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What will be the economic impact on the Palestinian Authority due to the confiscation of 100 million shekels by the end of 2024?
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Resolution / Starting Odds
Significant reduction in public services • 25%
Increase in foreign aid to compensate • 25%
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No significant economic impact • 25%
Reports from financial institutions, the Palestinian Authority, or major news outlets
Story
Israeli Finance Minister Smotrich Seizes NIS 100 Million from Palestinian Authority
Aug 4, 2024, 07:31 PM
Israeli Finance Minister Bezalel Smotrich has ordered the confiscation of 100 million shekels (NIS $26 million) from Palestinian tax revenues. The funds, which were initially meant for the Palestinian Authority, will be redirected to the families of terror victims. This move comes amid accusations of incitement to terror by the Palestinian Authority. Smotrich says the decision is to support the families affected by terrorism.
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