Security Cabinet Approves that Israel will not Transfer Funds to Gaza
Israel - Prime Minister's Office
The 37th Government
21.01.2024
The Security Cabinet, today, approved the outline on freezing funds for Gaza, which was formulated by the Prime Minister, the Finance Minister and the Strategic Affairs Minister.
The US and Norway respect the Security Cabinet decision, which directs that the transfer of funds to Gaza by the Palestinian Authority be halted. Therefore, the frozen funds will not be transferred to the Palestinian Authority but will remain in the hands of a third country.
Neither the money nor its consideration will be transferred under any circumstances, including via a third party, but with the approval of the Israeli Finance Minister.
Any violation of the agreement will allow the Finance Minister to immediately freeze all Palestinian financial payments.
The US has guaranteed the outline's implementation.
The Prime Minister has directed that appropriate staff work be carried out to implement the outline according to law.
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