"Netanyahu has ordered that the entire amount of support for terrorists and their families be deducted from the tax revenues that Israel transfers monthly to the Palestinian Authority," his office said.
Israel transfers around USD 127 million in customs duties levied on goods destined for Palestinian markets that transit through Israeli ports monthly.
The statement from Netanyahu's office accused the PA of supporting the families of militants with funds transferred "by various laundering methods".
The decision comes hours after suspected Palestinian gunmen killed an Israeli man, and a day after a 13-year-old girl was stabbed to death in her home in the West Bank settlement of Kiryat Arba.
It was announced at the same time the military said it was imposing a closure on and around the West Bank city of Hebron.
"Israel believes that the encouragement of terrorism by the Palestinian leadership - in the form of both incitement and payments to terrorists and their families - constitutes incentive for murder," the statement from Netanyahu's office read.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
