Saturday, Oct. 10
Latest News
  1. Palestinian journalist injured in hand by live fire in Shufat clashes
  2. Palestinian shot dead after alleged stabbing attack near Damascus gate
  3. Palestinian shot dead in Shufat clashes overnight
  4. Jihad Salem Ubeid, 22, dies from Gaza demo injuries
  5. 2 killed, 19 injured as Israeli forces open fire at Gaza demo
  6. Palestinian woman shot, injured after stabbing Israeli in Afula
  7. Israeli stabs, injures 4 Palestinians in Dimona
  8. Army: Israeli moderately injured in Afula stab attack by Palestinian
  9. Israeli forces kill Palestinian in Shufat refugee camp raid
  10. Clashes erupt at Bethlehem's northern entrance
  11. Police: Israeli soldier stabbed in Tel Aviv
  12. Police: Palestinian detained after Israeli stabbed in Jerusalem
  13. Israeli media: Palestinian shot near Jerusalem after car attack
  14. Police: Palestinian stabs Israelis in Petah Tikva, arrested at scene
  15. 84 Palestinians injured by rubber bullets in West Bank clashes
  16. Israeli forces raid home of Jerusalem stab suspect
  17. Reports: Palestinian killed after stabbing soldier in Kiryat Gat
  18. Israeli media: Palestinian shot dead after stabbing Israeli
  19. 2 Palestinians sustain injuries in Dar Salah clashes
  20. Residents of Majdal Bani Fadil prevent settler attack overnight

Finance minister: PA budget $3.6 billion for 2013

Feb. 5, 2013 7:13 P.M. (Updated: Feb. 9, 2013 5:18 P.M.)
RAMALLAH (Ma’an) -- The Palestinian Authority government is working on a draft budget of $3.6 billion for 2013, set for approval by the end of the month, the PA finance minister said Tuesday.

The budget contains a number of measures to try and reduce the budget deficit and increase revenues, Nabil Qassis told Ma'an.

“We decided to adopt a united taxation system in attempt to limit tax evasion. In addition, we raised taxes on car imports and purchase, and these procedures are expected to yield $50 million a year,” he said.

“The government raised taxes only on cars, and we are trying every possible means to obtain funds and reduce expenses. We want every institution to be involved in order to be able to reduce expenses,” he added.

The ministry of finance has already submitted the public budget of 2013 to the government. The government will first consult public institutions and trade unions before submitting the budget to the Palestinian president for approval.

The budget will be approved before March, he said.

Asked about civil servants’ monthly salary of January 2013, Qassis says Israel hasn’t paid tax revenues for January, neither has the Palestinian Authority received any donor funds.

The minister noted that the Israeli revenues transferred to the PA this month were the remainder of December funds after they deducted electricity and water bills Palestinian companies owe Israeli companies.

Powered By: HTD Technologies
Ma'an News Agency
All rights reserved © 2005-2015