Israel Agrees to Release Tax Money
June 25, 2007
Israel agreed Sunday to release desperately needed funds to Palestinian President Mahmoud Abbas , a day before the moderate leader planned to meet the heads of Egypt, Israel and Jordan in a summit meant to bolster him in his struggle with Hamas. Israeli Cabinet members agreed in principle to start giving Abbas $550 million in frozen Palestinian tax money – mostly customs duties that Israel collects on behalf of the Palestinians. At far left, Abbas is greeted by King Abdullah II in Amman, Jordan.
– Amy Teibel, The Associated Press
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