Safe Mode: On
PA incapable of paying June salaries to employees.

07/04/2012 02:07Shortfall considered biggest crisis in Palestinian Authority history; payment could be delayed for few weeks.RAMALLAH – Palestinian Authority Finance Minister Nabil Kassis announced Tuesday that the PA is incapable of paying June salaries to its 160,000 employees on time, adding that payment will be delayed for several days to a few weeks.

In a press conference held in the governmental media center in Ramallah, Kassis explained the difficulties of the current financial crisis, saying that the PA is in a position that prevents it from fulfilling its financial commitments.

The financial crisis started a few years ago as the donors cut their aid to the PA, but it is considered the biggest crisis in its history, with the potential of a total collapse of the PA.

“We are working according to a specific plan to cover the deficit by relying on the availability

Added: Jul-4-2012 Occurred On: Jul-4-2012
By: funkyyaya
Other Middle East
Tags: PA, Aid money
Location: Ramla, HaMerkaz, Israel (load item map)
Views: 592 | Comments: 9 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 1
You need to be registered in order to add comments! Register HERE
Liveleak opposes racial slurs - if you do spot comments that fall into this category, please report them for us to review.