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Thursday, December 07, 2006

Adding up the PalArab budget

The EU said that so far this year they paid $865 million to the Palestinian Arabs.
The Hamas finance minister says that Arab governments are giving $45 million each month, which annualized is $540 million.
Hamas has smuggled $60 million into Gaza this year.

This adds up to $1.465 billion of foreign money into Gaza in 2006.

The PA budget in 2005 was roughly $2 billion.

So without lifting a finger or selling anything of value, the PA is getting three quarters of what it got last year. The entire shortfall is covered by Israel's withholding of tax revenue.

Some boycott!

And the UN wants to add $450 million more.

Amazing.