World Bank: Palestinian Authority Losing $285 Million A Year Due

The Jerusalem Post reports: The Paris Protocol has to be amended to halt the annual loss of $285 million to the PA, the World Bank said in a report it issued Sunday in advance of Tuesday’s meeting in Brussels of the Ad Hoc Liaison Committee.

Separately, the World Bank said, Israel is holding $669m. it collects from Palestinian worked in Israel and their employers that was due to be transferred to a decimated pension fund under the auspices of the Palestinian Authority.

But the PA never created that fund, the World Bank said.