November 8, 2011 | Quote

Are U.S. Tax Dollars Covering Financial Rewards to Palestinian Terrorists?

According to Jonathan Schanzer of the Foundation for Defense of Democracies, “the PIF was created in 2002 to manage and distribute the money and commercial interests owned by the PA. They bylaws were established so that its operations would be transparent, since the PIF effectively functions as a sovereign wealth fund.” He says the PA borrows from the PIF to pay salaries in exchange for land.

Issues:

Palestinian Politics