As the fiscal storm hits the Palestinian Authority, facing decreases in foreign aid, a stop on funds from Israeli taxes, and an inaility to pay salaries for government workers, the Saudis pledged $100 million in aid. The promise was made to Mahmoud Abbas in December but the funds have not yet been transferred.
Israel is scheduled to transfer to the PA some $60 million in taxes and customs revenues it collects for the PA on Friday. Those funds will not be sent. Ehud Olmert said that Israel "has no intention of transferring funds" that will aid terrorists.
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