Palestinian Authority threatens to cut all funds to Gaza

(Worthy News) – Palestinian Authority President Mahmoud Abbas on Sunday threatened to gradually cut all funding to the Gaza Strip until Hamas agreed to reconcile with Fatah.

He declared his intentions during a meeting in Ramallah with Meretz head Zehava Gal- On, whose office later reported his statement.

“We transfer $1.5 billion a year [to Hamas in Gaza],” he said, adding that he had already cut 25% of that amount.

He has imposed a series of stiff economic sanctions, including reduced funding for electricity. [ Source (Read More…) ]

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