Israel’s paring of Palestinian tax funds hampers PA budget preparation
Palestinian Prime Minister Mohammad Shtayyeh said the 2020 budget will go back to being a regular one; the PA operated on an emergency budget last year after Israel cut the PA's tax funds.
RAMALLAH, West Bank — After adopting an emergency budget last year as a result of Israel's drastic cut of Palestinian Authority's tax funds, the PA is planning to return to a more normal budget process this year, albeit a cash-strapped one.
The Palestinian Ministry of Finance is preparing the 2020 budget to be submitted to the government for discussion and approval. The government would then refer the budget to President Mahmoud Abbas for ratification since the Palestinian Legislative Council was dissolved by the High Constitutional Court on Dec. 12, 2018.
