Israel Freezes $125M in Palestinian Cash To Retaliate for ICC Move
Israel has decided to freeze a monthly revenue transfer to the Palestinians in response to President Mahmoud Abbas’s approach to the International Criminal Court and other international agencies, an Israeli official said on Saturday.
The official said Prime Minister Benjamin Netanayhu had decided, in consultation with cabinet ministers, to freeze a planned monthly transfer of 500 million Israeli shekels (about $125 million), which Palestinians rely on to run their government and pay civil servants’ salaries.
Israel had condemned Abbas’s move last Wednesday as a unilateral step that undermined prospects for a negotiated peace settlement.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
— Rachel Fishman Feddersen, Publisher and CEO