Monday, July 18, 2011

  • Monday, July 18, 2011
  • Elder of Ziyon
Earlier this month, the PA announced that it could only pay its employees half their salaries because of a budget shortfall, especially since Arab countries refused to pay their pledges to the welfare statelet.

Now the unions are getting restless, setting a deadline of July 26th for the PA government to explain what is going on and when they can expect to get paid. If not, they are threatening an "open-ended strike."

The PA's debt is now at about $2 billion.

Palestinian Authority prime minister Salam Fayyad says that the government had been borrowing from local banks to pay salaries, but the monthly deficit of $30 million is too much and the banks are no longer lending.

If the PA workers want better jobs, more of them should seek work in the industrial zones and the Jewish communities of Judea and Samaria. The salaries are higher and the jobs are more stable!

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