• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, June 26, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Asia

Israeli Finance Minister Freezes PA Funds

Comfort Ampomaaby Comfort Ampomaa
October 30, 2023
Reading Time: 4 mins read
U Urges Israel To Abandon Move To Cancel Waiver On Cooperation With Palestinian Banks

Israel's Finance Minister, Bezalel Smotrich.

Israeli Finance Minister, Bezalel Smotrich has disclosed that he ordered a halt to transfer of funds to the Palestinian Authority (PA) due to what he claims, their “support” for Hamas’ October 7 attack.

In a letter to Prime Minister Benjamin Netanyahu, Smotrich was quoted by the Israeli media as saying, “I would like to inform you that I have instructed the Finance Ministry to stop the transfer of payments this month.”

The Finance Minister also requested that the cabinet re-evaluate Israel’s policy of transferring funds collected on behalf of the Palestinian Authority — as set out by the Oslo Accords — in light of “senior PA officials’ support for the horrific massacres of the Nazi terrorist organization Hamas.”

Israel collects taxes on behalf of the Palestinian Authority and transfers make monthly transfers after subtracting the expenses for services, such as electricity and water.

ADVERTISEMENT

“The PA has once again proven the fact, about which we have been raising our voices for years, that it is a terror-supporting organization,” Smotrich wrote in the letter.

“Therefore, beyond the connection of these funds to the Gaza Strip and its residents, these funds are used for activities against the State of Israel and its citizens.

“It is inconceivable that in this reality, we will continue to transfer these funds as if nothing has happened.”

Bezalel Smotrich

At least 8,306 people have been killed in Israeli attacks on Gaza since October 7.

The figure includes 3,457 children, 2,136 women and 480 elderly people.

2N8A8000 copy 1698572248
Bodies of unidentified Palestinians are laid out for burial to make room in al-Shifa Hospital morgue for more Palestinians killed. 
2N8A8015 copy 1698572270
Bodies of unidentified Palestinians are laid out for burial to make room in al-Shifa Hospital morgue for more Palestinians killed. 

At least 21,048 people have been injured.

1,950 people remain missing, including 1,050 children.

ADVERTISEMENT

The Palestinian Ministry of Health spokesperson in Gaza, Ashraf al-Qudra stated that at least 124 medical personnel have been killed and 25 ambulances are out of service due to Israeli attacks and a lack of fuel in the besieged enclave.

Ashraf al-Qudra added that 32 medical medical centres were also out of service.

Meanwhile, Palestinians in Gaza City reported receiving threats by the Israeli army over the phone telling them to evacuate as bombing continues but there are no safe routes.

ADVERTISEMENT

Gaza’s civil defence staff, including ambulances, were unable to reach the areas targeted by Israeli air strikes because the roads have been destroyed.

Areas around al-Quds Hospital continuously being targeted by Israeli air strikes.

The neighbourhoods near Salah al-Din Street need immediate aid but civil defence was unable to reach the area due to heavy Israeli air strikes.

The Israeli army said that it has continued its ground operations in the Gaza Strip for the past few hours.

Israeli soldiers, along combat helicopters and drones, have been clashed with Palestinian fighters, the military disclosed, adding that it destroyed Hamas’s infrastructures, including antitank and launch positions.

Four senior Hamas’s commanders, including the head of the group’s naval force have been killed, the army said.

Palestinian Prime Minister Calls For Ceasefire

AA1j5kLw
Palestinian Prime Minister Muhammad Shtayyeh(center).

Palestinian Prime Minister Muhammad Shtayyeh has demanded the opening of safe humanitarian corridors in Gaza to bring in food, medicine, water and fuel.

“We raise our voice loudly, stop the war on our people,” he said at the start of a weekly government meeting.

Shtayyeh noted that twenty aid trucks per day were not enough for the people of Gaza to meet their basic needs.

The UN’s relief agency said on Sunday, October 29, 2023, that thousands of Palestinians, desperate due to three weeks of total siege and bombing, broke into several of its warehouses in the Gaza Strip, taking wheat, flour and other basic goods.

READ ALSO: West Accused Of Seeking Russia’s Defeat

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Ashraf al-QudraBezalel SmotrichGaza stripIsrael-Hamas warMuhammad Shtayyeh
ShareTweetShareSendSend
Please login to join discussion
Previous Post

National Security’s See Something, Say Something Gone Wrong

Next Post

FIFA Bans Ex ‘Kissing’ FA Chief

Related Posts

State Department Defends Decision To Revoke Chinese Student Visas
Asia

Rubio Warns Against Iranian Tolls On Strait Of Hormuz

June 25, 2026
download 92
Asia

Powerful Earthquake Jolts Northern Japan

June 25, 2026
Iran Considers Leaving Non-Proliferation Treaty
Asia

Grossi Hints IAEA Inspection Of Iran’s Nuclear Sites

June 24, 2026
download 86
Asia

North Korea Commissions New Warship

June 24, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

President John Dramani Mahama

Investments in Upstream Petroleum Sector Reflect New Optimism – Mahama Touts Energy Sector ‘Overturn’

June 25, 2026
Oil Field

Sentuo Refinery to Raise Capacity from 40,000 to 100,000 barrels per day Under New Phase

June 25, 2026
President John Dramani Mahama

Mahama Elevates Civil Society as Key Partner in Ghana’s Transformation

June 25, 2026
Matriculation Image

 Mahamacares Initiative Enrols 500 Nurses in Specialist Training

June 25, 2026
Fitch Predicts Tough Economic Road Ahead for Ghana

Fitch Predicts Tough Economic Road Ahead for Ghana

June 25, 2026
ADVERTISEMENT
Next Post
Ex ‘Kissing’ FA Chief Banned

FIFA Bans Ex ‘Kissing’ FA Chief

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.