The Palestinian Ministry of Finance commented on the latest news published by the Israeli media regarding the transition of a loan of $160 million to the Palestinian Authority, that the Israeli occupation cuts more than &32 million from the tax revenue a month. 

It also said that the Israeli occupation has more then a $641 million despite its ongoing calls to release those money. It added that the money transmitted to the Palestinian Authority three months ago is just a part of the Palestinian Authority’s money seized by the occupation. 

The International Bank warned of the Palestinian Authority’s inability to commit to its financial duties by the end of the year. 

Set-off money is the taxes imposed on the Palestinian imports that the Israeli occupation imposed in favor of the Palestinian Authority for 3% in return, and transfers them to the Palestinian deposit at the end of each month. They are estimated at $250 million.