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Salam Fayyad

This tag is associated with 9 posts

Palestinian Authority, battling debt crisis, raises taxes

The Palestinian Authority has approuved a plan to rise income tax to 20% in order to tackle its debt problem. The Palestinian Authority depends heavily on foreign aid by the United States, the European Union and other Arab states to pay the salaries of their public sector workers. In response to President Mahmoud Abbas quest … Continue reading

PA starts budget crisis talks

The Palestinian Authority’s Prime Minister Salem Fayyad met on February 6th with union leaders and employers to discuss measures to decrease their growing debt crisis. The austerity measures approved in January by the PA produced public outcry and protest due to growing fears that any rise in taxation will drive away investments and further stifle … Continue reading

Palestinians Nix Plans for Income Taxes

Palestinian Prime Minister Salam Fayyad has suspended his plan to start collecting income taxes, after widespread protests erupted across the West Bank over the plan. The income was meant to make the Palestinian Authority less dependable on foreign aid. Since the Palestinian bid to win statehood recognition from the UN, the PA has received less … Continue reading

Peres in Davos: Palestinian state already established

A discussion between Israeli president and Palestinian PM took place last Thursday, at the World Economic Forum in Davos. In the discussion, which aimed at restarting the stalled peace process, Peres said that the Palestinians had effectively established a state while peace negotiations were still ongoing and praised the work by Prime Minister Fayyad and … Continue reading

Palestinian premier under pressure to rescind tax hike meant to end reliance on foreign aid

In the West Bank, businessmen have been pushing for Palestinian Prime Minister Salam Fayyad to annul the income tax increase meant to make Palestinians less dependant of foreign aid for the government’s daily operations. Fayyad said that in 2011, the government received 25% less than it needed from foreign aid. He also argued that the … Continue reading

Palestinian Authority to increase taxes and reduce spending

With the Palestinian Authority facing a $1.1 billion deficit in the public budget, Palestinian Authority Prime Minister Salam Fayyad announced major spending cuts and the raising of taxes in order to plug the deficit. The budget shortfall comes as a result of both the global financial crisis and the failure by donor countries to follow … Continue reading

Gingrich remarks ‘demeaning and ridiculous’

A top US presidential hopeful’s denial of the Palestinian people’s existence reflects a dark and racist worldview, Palestinian officials said Saturday. The prime minister in Ramallah urged Newt Gingrich to apologize to the Palestinian people, after Gingrich called them “an invented Palestinian people who are in fact Arabs.” “These are extremely trivial, demeaning and ridiculous remarks,” Salam … Continue reading

Opinion: Netanyahu and Hamas: A Love Story

The leadership of Hamas ought to consider giving Israeli Prime Minister Benjamin Netanyahu a distinguished service award for continually aiding the Islamist terrorist organization at the expense of its chief rival, the more moderate, Western-backed Fatah. Huffington Post, United States Click here for the full story

Fayyad: I will not lead a Palestinian unity government

Palestinian Prime Minister Salam Fayyad said on Thursday that he would not serve as the prime minister of a Fatah-Hamas unity government, nor would he run for president. “I don’t intend to run for the presidency or anything else for that matter,” Fayyad said in an interview to Haaretz. “I cannot accept being an obstacle, never … Continue reading

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Debate: Is there a rift between the Prime Minster and the security establishment, and how might it affect his chances of re-election?

Interview: Dr. Einat Wilf, Israeli MP, Chair of the ‘Independence’ faction

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