On May 11, Israel and the Palestinian Authority signed an agreement stipulating that Israel will allocate 800 million shekels ($ 228 million) of loans to Ramallah, in order to compensate for the expected losses due to the Coronavirus crisis. Starting from June and continuing for the next four months, Israel will use the funds to deliver the amount of monthly tax revenue it sends to the Palestinian Authority to 500 million shekels ($ 142 million) – if the monthly amount is less than that. It sets the cumulative amount for the entire period up to a maximum of 800 One million shekels. To check the news, click here