Ok, so the Palestinian government needs a few bucks to meet payroll, about 140,000 people, what to do? The US and Europe have said "no" and payroll was supposed to have been done two weeks ago. The European Union suspended its $600 million direct aid package to the Palestinian government, and the United States suspended a $400 million donation after Hamas's unexpected electoral victory in January. These measures were aimed at increasing pressure on the group to renounce violence and to recognize Israel. Iran and Qatar have pledged $100 million to help the new government out. Thats a great start but the Palestinian government needs about $170 million a month! Oh, and the only thing they have on the books is $1.7 billion in debts.
A busted state, an empty treasury, rampant corruption and accusations are the finest ingredients for civil war.
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