Jerusalem, October 14, 1997

ISRAEL RELEASES PALESTINIAN FUNDS

(Communicated by PM’s Media Advisor)

Prime Minister Benjamin Netanyahu announced today (Tuesday.) 14.10.97, that Israel has decided to release the remaining funds, amounting to approximately NIS 200 million, whose transfer to the Palestinian Authority been delayed until now.

The Prime Minister said that the decision is in response to the preliminary steps taken by the Palestinian Authority in the fight against terrorism, and is intended to create a positive atmosphere ahead of the negotiations between Israel and the Palestinian Authority.