Israel Makes A Failed Bid to Borrow $1 Billion from IMF for the Palestinian Authority

Mahmoud Abbas

Israel asked for and did not receive a $1 billion loan from the International Monetary Fund (IMF) which they planned to give to Mahmoud Abbas’ Palestinian Authority.  Apparently the PA is facing financial collapse.

“We attempted to obtain a loan of $1 billion from the IMF through Israel. We didn’t succeed,” a senior Palestinian official, who spoke on condition of anonymity, told Reuters.

A source in Israeli Prime Minister Benjamin Netanyahu’s office confirmed that the IMF turned down Israel’s loan request on behalf of the Palestinians. The source gave no other details.

Why doesn’t Israel ask for a loan for Iran while they’re at it. It makes as much sense. Perhaps Israel wants to buy their way into peace negotiations but it won’t work.

Here we have Abbas calling Israel a terrorist state –

Remember when Abbas said this, “Israel’s “Judaization” is stealing Jerusalem’s “cultural, human, and Islamic-Christian religious history”

Gee, who wouldn’t want to acquire a $1 billion loan for them after that? Why aren’t Abbas’ friends in the Arab world loaning them money? You know, the same friends who encourage them to strap suicide vests on.

Read more at Reuters