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Economic analysis by Mohammed Samhouri examining the Palestinian Authority's worsening financial crisis, arguing that the PA is on the brink of collapse as a direct result of Israel's refusal to transfer Palestinian tax revenues, a reduction in international aid, and the devastating economic impact Israel's war on Gaza. The piece also looks at the excess surplus of the Israeli currency in Palestinian banks as other factors, and Israeli Finance Minister Smotrich's obstruction of corresponding banking relationships (CBR) between Palestinian and Israeli banks. Samhouri concludes that the fiscal crisis is structurally and politically rooted and a result of the prolonged occupation of the West Bank. This piece is essential for research on the Palestinian Authority, West Bank economy, Israeli financial restrictions, and the Oslo Accords.
