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How long can PA keep borrowing money from Palestinian banks?

The Palestinian government announced its decision to pay 60% of the salaries of public employees, which could be achieved under a plan to borrow money from local banks to confront the financial crisis caused by Israel's deduction from clearing funds for the PA.
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RAMALLAH, West Bank — On May 2, the Palestinian government paid 60% of the basic salaries of public servants, with a minimum of 2,000 shekels ($554) and a maximum of 10,000 shekels ($2,770). In addition, it paid the fixed transportation allowance for all civil servants. This was only for the month of April, while measures for the month of May will be announced later.

The payments come after Prime Minister Mohammed Shtayyeh announced in his speech at the fourth annual security conference in the West Bank city of Jericho on April 23 that his government would start paying 60% of the salaries of public servants for the month of April, on the occasion of the holy month of Ramadan.

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