Palestinian Authority Debt: as repressive as Israel

Abdel Bari Atwan is a noted Palestinian journalist and author.url

We are very shocked to learn that the Palestinian Authority (PA) in Ramallah has run up debts approaching $5bn and that $1bn is external debt. These debts are a heavy burden on the Palestinian people, and will extend to the coming generations.

Most Palestinians thought that the PA’s funding came from the donor countries, not debts that would constrain the hands of the Palestinian people and break their will.

The Palestinian President Mahmoud Abbas and his Prime Minister Salam Fayyad have been airing apparently logical comparisons between the prosperous conditions of the Palestinians in the West Bank and the deteriorating conditions of the residents of the Gaza Strip.

Read more here…

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