Site Logo

Follow Us

Stay Informed

Get Patriot news updates delivered free to your inbox!

sign up

On Air Now

No show currently scheduled.

Politics and Elections News

PRINT

Palestinian finance minister resigns

RAMALLAH, West Bank (AP) - The Palestinian finance minister in the West Bank has announced his resignation in a show of frustration over the government's widening budget deficit.

Nabil Qassis told reporters Sunday that the Palestinian Authority's 2013 budget deficit is expected to reach $1.4 billion. He says he decided to step down after politicians and labor unions objected to a number of proposed austerity measures.

The Palestinian Authority, the self-rule government in the West Bank, has been struggling with a financial crisis in recent years due to cuts in aid from the United States, Israeli delays in transferring tax payments and the failure by Arab allies to deliver hundreds of millions of dollars in promised assistance.



Comments made about this article - 0 Total

Comment on this article

captcha 93ed32582e984220a572227f15b178fb