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Palestinian Finance Minister warns of fiscal crisis amid withheld funds
Palestinian Minister of Finance and Planning, Stephan Salame, has warned of an existential threat to Palestinian institutions due to a severe financial crisis. The crisis is driven by Israel's continued withholding of clearance funds (tax revenues) for 17 consecutive months.
Salame reported that the Palestinian government faces a monthly funding gap of approximately 650 to 700 million shekels. While the government's monthly requirements are estimated at 1.5 billion shekels, only 800 to 850 million shekels are currently available. This shortfall has forced the government into a monthly struggle to pay employee salaries, with a minimum payment of 50% being issued, though over 51% of employees receive 80% or more of their pay.
During a meeting of the international coordination committee (AHLC) held alongside the UN General Assembly, Salame called for exceptional international financial and political support. He emphasized that current donor aid is insufficient to address the economic pressures caused by Israeli restrictions and settler violence. He urged the international community to take practical steps to support the Palestinian budget and the reconstruction of Gaza, rather than waiting for Israeli election outcomes.
Entities
AHLC · Ad Hoc Liaison Committee (AHLC) · Israel · Palestinian Authority · Stephan Salame · Stephan Salameh · United Nations
Claims
What the coverage asserts, and how many sources carry each claim.
- [DISPUTED] More than 51% of employees receive 80% or more of their salaries. ardh.news · zmnfm.ps · qudsnet.com · palsawa.com · pnn.ps
- [● 7 SOURCES] Israel has withheld clearance funds (tax revenues) for 17 consecutive months. ardh.news · ashams.com · zmnfm.ps · bnews.ps · alfajertv.com · +2 more
- [● 5 SOURCES] The Palestinian government is requesting exceptional international financial and political support. ardh.news · ashams.com · bnews.ps · qudsnet.com · pnn.ps
- [● 5 SOURCES] The Palestinian government is fighting a monthly battle to secure partial salaries for employees. ardh.news · zmnfm.ps · qudsnet.com · palsawa.com · pnn.ps
- [DISPUTED] A minimum salary payment of 50% is being issued to employees. ardh.news · zmnfm.ps · qudsnet.com · palsawa.com · pnn.ps
- [● 5 SOURCES] The Palestinian government's monthly financial needs are approximately 1.5 billion shekels. ardh.news · zmnfm.ps · qudsnet.com · palsawa.com · pnn.ps
- [● 5 SOURCES] The government currently has between 800 and 850 million shekels available monthly. ardh.news · zmnfm.ps · qudsnet.com · palsawa.com · pnn.ps
- [● 2 SOURCES] The Palestinian Authority is operating with approximately 10% of its revenues over the last 17 months. zmnfm.ps · palsawa.com