Palestinians to receive $430 mn Israeli transfer: officials

Palestinians to receive $430 mn Israeli transfer: officialsThe Palestinian Authority will receive a transfer of 1.5 billion shekels ($430 million) from Israel, officials from the two governments said Friday, in a step towards resolving a months-long standoff between them. Israel will continue to deduct money from the transfers to account for the PA's payments to prisoners, a decision that sparked the row, but the two sides have agreed to further talks to resolve that issue, Palestinian civil affair minister Hussein al-Sheikh said. Shai Babad, director general of Israel's finance ministry, told AFP the transfer would be made on Sunday to the PA government, which is facing a crippling financial crisis caused by the dispute.




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