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Palestinian Authority

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Palestinian Prime Minister Mohammad Shtayyeh meets with donor countries to Palestine, in the West Bank city of Ramallah, on December 2, 2020. (Photo: Prime Minister Office)

The cash-strapped Palestinian Authority (PA) finally accepted over $1 billion in tax revenues, transferred by Israel on Tuesday. While Israel has refused to release the tax revenues in the past, the PA itself had been refusing to accept the money since May of this year, in protest of Israel’s annexation plans and US President Donald Trump’s “deal of the century.”

PA officials announced on Tuesday that they received assurances that Israel was “committed” to upholding its end of agreements with the Palestinians, and that the decision to resume coordination was made following “international talks” being conducted by Palestinian President Mahmoud Abbas. There is speculation that the impending change in U.S. administrations, along with the severe financial pressure the Palestinian Authority finds itself under, is what motivated Palestinian leadership to resume relations with Israel.