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Thursday, January 6, 2011

Wikileaks .The payroll dilemma:Who is actually receiving PA paychecks in Hamas controlled GAZA?

Wikileaks .The payroll dilemma:Who is actually receiving PA paychecks in Hamas controlled GAZA?The PA contends that Hamas, ability to pay its workers, salaries each month combined with the inability of the PA to do so causes further deterioration in support for PA/Fatah relative to Hamas . The GOI, on the other hand, believes that many of the estimated 77,000 wage earners on the PAs payroll may actually be Hamas members or affiliates. Israeli security analysts argue that a considerable portion of the civil service salaries that the PA attempts to pay each month to its Gazan employees actually find their way to Hamas or Hamas supporters.Observers speculate as to the amount of shekels circulating in Gaza. The BOI has established a history of routinely approving all requests from the Palestinian banks to exchange spoiled shekel notes from Gaza for new notes. This is not a security issue as it does not increase the total number of shekels in circulation.Unfortunately, since Gaza tends more and more towards a cash economy based upon movement of goods through its tunnels to the Sinai, it becomes increasingly difficult to estimate this amount with accuracy. Udi Levi (strictly protect), a high-ranking official in the Israeli security establishment, commented to Econcouns in October that at least 1.8 billion shekels are currently unaccounted for in Gaza.Hmmmm.....Someone is saving up in a piggybank?Read the full story here.

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