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August 05, 2011

Daily Star: Palestinian money crisis looms ahead of U.N. bid

by Hossam Ezzedine
The Daily Star

RAMALLAH, Palestinian Territories: Hit by delays in payments from donor countries and by Israeli restrictions, the Palestinian Authority is suffering a financial crisis, even as it aspires to become a state.

On Tuesday it paid its approximately 170,000 employees in full only after they threatened to go on strike after receiving half-pay the month before.

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