Palestine Economy Portal

While the news on the clearance funds is receiving great attention with the intensification of the financial crisis for public employees.

Yesterday, the Cabinet Secretary denied that he had spoken to Watan News Agency about the existence of solutions this month to the clearing file.

This comes after the Teachers Union published a statement that included an agreement with the Prime Minister to provide for the payment of teachers’ dues during the current month and regular salaries starting next December, while no news has been issued by the Prime Minister so far.

In turn, the European Union demanded, on Sunday, Israel to transfer the funds of the Palestinian "clearance" revenues it had collected, and demanded the Palestinians to receive them.

The representative of the European Union in the occupied territories, Sven Kuhn von Burgsdorf, said, "the accumulated sum must be transferred from the Palestinian clearance revenues collected by Israel and must be received by the Palestinian Authority."

For his part, the United Nations Coordinator for the Middle East Peace Process, Nikolai Mladenov, said that "clearance funds" cannot be exchanged for donor funds.

Mladenov called on the Palestinian leadership to resume coordination with "Israel" and accept "clearance funds."

There is no explicit news about receiving the clearing so far, but expectations and attention are directed to the US elections, hoping that Democratic candidate Joe Biden will win over his rival Trump.

It is noteworthy that Fatah Central Committee member Rawhi Fattouh said in previous statements that he expected a breakthrough in the clearance crisis within two months, that is, the date of the US elections.

While a member of the Fatah Revolutionary Council, Abd Al-Ilah Al-Attireh, said that there was a disassociation in the issue of clearing within two weeks, referring to the US elections.

The Palestinian government suffers from a deep crisis as it becomes more difficult to resort to banks with exceeding the specified lending ceiling, which narrows the options before it.

In any case, these statements appear as if there are great moves and pressure on the leadership to receive the clearance funds. However, any concrete move in this file requires a political decision that may appear after the US elections and determine the winner.