Sources in the US said the Hamas-led Palestinian government will collapse within three months if the transfer of monetary aid to the Authority is not resumed.
The sources confirmed to the London-based al-Hayat newspaper that the EU, Jordan and Egypt have committed themselves not to transfer funds directly to the Palestinian government, adding that Palestinian banks will be forced to stand by their obligations to avoid confiscation by international banks.
Haniyeh is making a grave mistake
A senior State Department official lauded Egypt, Jordan and Saudi Arabia’s participation in the Quartet meeting last week, during which it was agreed to transfer funds to the PA directly via a special fund that will be supervised by an international body such as the World Bank or UN.
Western diplomatic sources in Washington said that it was also decided to open bank accounts for Palestinian Authority officials so they may receive theirs salaries without any money passing through the PA government.
The sources added that the steps taken will prevent a humanitarian crisis in the territories while making certain that the economic siege on Hamas will persist as long asthe terror group refuses to denounce terror and recognize Israel or past agreements signed between Israel and the PA.
“(PA Prime Minister) Ismail Haniyeh is making a grave mistake by believing that the EU will not follow through on the steps it has decided on in order to apply pressure on the Hamas-led government,” a senior American official said, adding that the EU views Hamas as a terror organization.