Data from the Palestinian Ministry of Finance and Planning show that net lending in the first half of this year fell to 17 percent from the same period in 2017.
The data, accessed by the Palestine Economic Portal, show that net lending reach 444.3 million NIS , fter it was 546.5 million shekels in 2017.
The Ministry of Finance and Planning added that a reduction was made to reduce the indebtedness of local authorities and electricity companies.
Net lending refers to amounts deducted by Israel from tax clearance revenues for debt settlement of Palestinian municipal, water and electricity debts to Israeli companies.
The Finance Ministry expected that Israel will deduct 900 million shekels from the Palestinian tax clearance revenues, compared to 950 million dollars last year.