Palestinian Authority Acting Finance Minister Jihad Wazir said if Hamas doesn’t change its ideology, the PA will collapse for lack of money. Wazir said that this is a critical situation for the Finance Ministry since most of the PA’s donors have refused to transfer money to the Hamas-led government unless it agrees to stop terror. Meanwhile, Israel’s Finance Ministry agreed to transfer the $54 million and the US and EU will continue aiding the PA while a caretaker government rules, which will not last much longer. Hamas leaders are aware of the grave financial situation and Wazir remains pessimistic about their ability to succeed.
Want more news from Israel?
Click Here to sign up for our FREE daily email updates