Palestinian Authority begins to pay back 1B in electric bills to Israel - Israel News, Ynetnews
 
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Palestinian Authority begins to pay back 1B in electric bills to Israel

Published: 12.25.13, 08:52 / Israel News

The Palestinian Authority has begun to pay back the money it owes the Israel Electric Corporation, Calcalist has learned. The debt, accumulated by West Bank and east Jerusalem residents stands at NIS 1.1 billion the Electric Corporation claims.

 

According to Calcalist, the Ministries of Finance and Energy have expressed concern that the debt will continue to rise, reaching NIS 1.3 billion by the end of the year, thus posing a heavy financial burden for the Electric Corporation. (Lior Gutman)

 

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