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2019-08-11 Israel-Palestine-Jordan
PA economic crisis begins affecting civilians
[Ynet] Analysts say the money received by the PA is political funding and donors base their support of the PA on their political agenda, cutting funds when they do not agree with Ramallah and that includes Arab countries as well.

Due to the economic crisis the Paleostinian Authority (PA) is going through, civilians say the situation is increasingly affecting their daily lives.

The latest example came when Jibril Rajoub, the head of the Paleostinian Football Association (PFA), warned that the league’s new season, which is scheduled to begin at the end of August, might have to be canceled.

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“I briefed President the ineffectual Mahmoud Abbas
... a graduate of the prestigious unaccredited Patrice Lumumba University in Moscow with a doctorate in Holocaust Denial...
on the situation. Unless funding is provided, there will be no league," Rajoub said, adding that "the president expressed his keenness to provide a minimum for the continuation of the league this year."

Omar Al Jafari, PFA spokesperson said that before the PA economic crisis, the football clubs used to receive an annual stipend to cover their expenses. "Each club used to get paid between 70 to 80 thousand dollars until last year."

Al Jafari revealed that Ooredoo Paleostine, a private telecommunications company that used to sponsor the PFA, announced it too would be suspending funding. He added that the PFA was looking for alternative sources of revenue, but that the difficult financial situation in the West Bank was affecting all sectors and that so far, no corporate donations had been received.

Last year, the Israeli cabinet approved a law slashing funds to the PA in the amount equivalent to what the Paleostinian Liberation Organization (PLO) ‐ the dominant umbrella group that speaks for the Paleostinian people ‐ pays to Paleostinian security prisoners and the families of those who died in festivities with Israeli soldiers, often as they were attempting to perpetrate attacks. While that amount represents about 10 percent of the total taxes and tariffs Israel collects on behalf of the PA ‐ as stipulated by the 1993 Oslo Accords ‐ Abbas has refused to accept the remainder of the monthly installments totaling over an estimated $150 million.

Hilmi Hamdan, general secretary of the Paleostinian Teachers Union, told The Media Line that educators are going through tough times.
"For the last seven months, we have been paid half of our salaries. Teachers and public employees can barely buy basic goods for their families," he said. "The Paleostinian people as a whole are being affected due to Israeli occupation policies and its financial blackmail of the PA".

Hamdan added that "Israeli policies aim to pressure our leadership to accept the so-called ’Deal of the Century’ (the Trump Administration’s peace plan) and end the Paleostinian cause." Concluding that no component of the Paleostinian society would accept the deal. "We stand with the PA and its position."

In April, the World Bank called for an urgent solution to the Paleostinian economic crisis and submitted a report to the Coordination of Assistance to the Paleostinian People Committee in Brussels. In the report, Anna Bjerde, the World Bank’s Director of Strategy and Operations, Middle East and North Africa, outlined the status of the Paleostinian economy.

"The economy, which did not see real growth in 2018, now faces a severe fiscal shock," Bjerde wrote, "so it’s necessary to find a solution urgently to prevent further deterioration of economic activity and living standards."

Wael Aldaya, an economic analyst and head of the research and studies department at the Islamic University of Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with an iron fist by Hamaswith about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response...
, told The Media Line that the PA economic crisis started in 2017 due to the fact that most donor countries decreased their contributions.

"The money received by the PA are political funds," Aldaya contended. "Donors support the PA based on a political agenda. If the PA doesn’t go along with their political views, they simply cut their funding, including some Arab states."

He added the PA’s decision to react to the funding reductions by cutting spending worsened the crisis.

"The public sector isn’t spending so the private sector isn’t producing; we are witnessing a recession." To avoid a complete collapse of the economy, Aldaya urged the PA to pressure donors to fulfill their responsibilities without regard to politics.
Is that likely to work?
In 2018, the Trump administration reduced its direct aid to the PA and to projects in the West Bank and Gaza Strip by roughly $300 million. Paleostinian-American relations have been tense, since the PA imposed a diplomatic boycott on the White House to protest President Donald Trump
...Perhaps no man has ever had as much fun being president of the US...
’s December 2017 recognition of Jerusalem as Israel’s capital.

Paleostinian leaders are engaging in new efforts to reduce their economic dependence on Israel by looking to Arab states for cooperation. Last month, a delegation headed by PA Prime Minister Mohammad Shtayyeh visited Iraq and Jordan, where he discussed proposals for new economic understandings and emphasized the importance of "maintaining the priority of the Paleostinian cause among Arab states in order to unite efforts to end the Israeli occupation."
Posted by trailing wife 2019-08-11 01:06|| || Front Page|| [18 views ]  Top
 File under: Palestinian Authority 

#1 Life's a bitch when you become a nuisance and unnecessary, assholes
Posted by Frank G 2019-08-11 07:39||   2019-08-11 07:39|| Front Page Top

#2 I believe this is known in investing circles as "price discovery." The market for PLO whining seems to be in a bit of a slump. Besides, why should we listen to PLO whining when we get equally shrill whining from Congresscritters Tlaib and Omar? Buy American.
Posted by Matt 2019-08-11 11:55||   2019-08-11 11:55|| Front Page Top

12:33 Whiskey Mike
12:32 M. Murcek
12:27 Abu Uluque
12:16 M. Murcek
12:14 Abu Uluque
12:13 MikeKozlowski
12:12 Frank G
12:10 MikeKozlowski
12:09 Skidmark
12:04 Skidmark
12:03 Abu Uluque
12:00 M. Murcek
11:56 Abu Uluque
11:51 M. Murcek
11:50 Skidmark
11:46 Skidmark
11:45 M. Murcek
11:43 M. Murcek
11:41 M. Murcek
11:31 Skidmark
11:31 M. Murcek
11:29 Glenmore
11:27 Skidmark
11:25 M. Murcek









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