Israel to release Palestinian tax money

[Gerald]

Israel says it will release tens of millions of dollars of tax money that it has withheld from the Palestinian Authority over the past month. It said the move was conditional on the Palestinians not taking "unilateral steps".Israel froze transfers on 1 November, a day after Palestinians won membership at the UN cultural agency, Unesco. That bid was part of a wider Palestinian campaign to get recognition at the UN. The US has backed Israel in its opposition to the Palestinian campaign, and has said it will use its veto to block a membership request submitted to UN Security Council.Israel transfers about $100m (£64m) in tax and tariff monies collected on behalf of the Palestinians each month to the Palestinian Authority (PA).

http://www.bbc.co.uk/news/world-middle-east-15964983


Note: 30 November 2011 Last updated at 16:06 GMT