Sunday, April 26
Latest News
  1. Deutsche Bank Q1 profits fall 50% over $2.5 bn rate fixing fine
  2. Witnesses: 2 protestors shot dead in Burundi capital
  3. Small groups of protestors, police clash in Burundi capital
  4. Clashes rage in Yemen as calls for peace talks grow
  5. EU AgenPolice arrest 26 across Europe in horsemeat scandal
  6. Home ministry: At least 114 killed in Nepal quake
  7. US: Russia failing to fully implement Ukraine ceasefire
  8. Kerry urges Yemen rebels and their allies to enter talks
  9. Ex-Yemen leader urges rebel allies to heed UN, pull back
  10. Iraq lacks DNA results to test body of 'Saddam deputy'
  11. Family: Syria's sacked political spy chief dead
  12. Officials: 14 Somali, Afghan immigrants killed by train in Macedonia
  13. UNICEF: At least 115 children killed in Yemen since March 26
  14. Athens stocks jump 4.4% on hopes of EU deal
  15. EU clears 19 genetically modified products
  16. Seismologists: Strong earthquake rattles New Zealand
  17. EU says progress 'not sufficient' for Greece debt deal
  18. World leaders join silence at ceremony marking Armenian genocide
  19. Jordan's crown prince at UN takes on militant 'dark world'
  20. US officials: Iranian ships turn back from Yemen

Hamas denies economic crisis in Gaza

July 13, 2011 6:27 P.M. (Updated: July 15, 2011 6:46 P.M.)
GAZA CITY (Ma’an) -- The Hamas government in Gaza confirmed Wednesday that it is not suffering from a financial crisis despite the current economic problems affecting the Ramallah based leadership.

The finance minister Aladdin Al-Rafati told Ma’an that the government would continue to pay employee salaries every month as usual.

Salaries will be paid on time and were last paid on June 12, Rafati said in a statement.

The minister denied rumors in Gaza that there was an impending financial crisis, explaining that taxes collected in Gaza amounted to 70 percent of what was needed to pay employees.

"The rest will be provided through voluntary contributions and assistance to the Government," he said.

The Ministry of Finance says that the government pays salaries for more than thirty five thousand military officers and civilians at a value of 61 million shekels [about $20 million] per month.
Ma'an News Agency
All rights reserved © 2005-2015