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  • Israel’s Finance Minister Belazel Smotrich

Tag: Israel’s Finance Minister Belazel Smotrich

US Treasury Secretary Janet Yellen said on Thursday she was concerned by a threat from Israel to cut off Palestinian banks from their Israeli correspondent banks, a move that would close a critical lifeline for the Palestinian economy.
World
  • Reuters
  • May 24, 2024
Senior US official “concerned” about Israel’s threats to cut off Palestinian banks

Israel’s Finance Minister has said he cannot renew a waiver that expires on July 1 which allows Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority.

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