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Smotrich’s move to cut bank ties risks Palestinian supply crisis
JERUSALEM: An Israeli move to cut off cooperation with Palestinian banks could halt the supply of essential goods such as food and fuel to the Palestinian territories, the Palestinian Monetary Authority said on Wednesday. Israeli Finance Minister Bezalel Smotrich ordered the cancelation of a waiver on cooperation between Israeli and Palestinian banks on Tuesday. This move risks the Palestinian banking system, trade, and overall economy. Israeli banks Hapoalim and Israel Discount Bank work with Palestinian banks.
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aljazeera.com
Israel’s Smotrich could paralyse Palestinian economy by ending bank waiver
Israeli finance minister ends waiver that Palestinian banks rely on to operate after Western sanctions announced.
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arabnews.com
Smotrich’s move to cut bank ties risks Palestinian supply crisis
JERUSALEM: An Israeli move to cut off cooperation with Palestinian banks could halt the supply of essential goods such as food and fuel to the Palestinian territories, the…