Israel to give Palestinians $100 million in withheld funds


JERUSALEM (Reuters) - Israel will give Palestinian President Mahmoud Abbas's administration around $100 million (63 million pounds) in tax revenues that had been withheld in retaliation for his statehood bid in the United Nations, Israeli officials said on Wednesday.

The sum is roughly a third of the funds Israel is meant to have transferred to the Palestinian Authority (PA) since November under interim peace accords, but has instead kept.

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