Israeli Cabinet approves gradual release of frozen tax funds

The Israeli Cabinet on Sunday approved the release of frozen tax funds to Palestinian President Mahmoud Abbas, officials said.

Israeli Cabinet approves gradual release of frozen tax funds
The Israeli Cabinet on Sunday approved the release of frozen tax funds to Palestinian President Mahmoud Abbas, officials said.

Israeli Prime Minister Ehud Olmert asked the Cabinet to release the funds in support of Abbas. The vote came a day ahead of Olmert's meeting in Egypt Monday with Abbas, President Hosni Mubarak of Egypt and King Abdullah II of Jordan.

The main proposal at Sunday's Cabinet meeting was a gradual release of some $550 million tax money that Israel has withheld from the Palestinians since Hamas swept Palestinian parliamentary elections in January 2006.

Last Mod: 24 Haziran 2007, 16:46
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