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Abbas lifts Gaza tax exemption, threatening further economic woes

After taking over administrative control of the Gaza Strip, President Mahmoud Abbas has abolished tax exemptions in a bid to get more revenue from Gaza to balance expenses, disregarding the harsh economic conditions in the besieged enclave.

Moath al-Amoudi
Moath al-Amoudi
Jan 16, 2018
A Palestinian employee paid by the Palestinian Authority shows money to the camera after withdrawing cash from an ATM machine outside a bank, in Gaza City June 11, 2014. Gaza's public sector union suspended protests on Wednesday that had paralysed the local economy and threatened the deal on a Palestinian unity government but said it would resume its action if its members were not promptly paid. The pay dispute involving some 40,000 public servants erupted last week shortly after Hamas, which has ruled Gaza
A Palestinian employee paid by the Palestinian Authority shows money to the camera after withdrawing cash from an ATM outside a bank, Gaza City, Gaza Strip, June 11, 2014. — REUTERS/Mohammed Salem

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