On 4 February, Israel transferred $59 million of these frozen Palestinian funds to the PA. It was the largest single sum transferred since the government began withholding customs duties owed to the PA at the start of the current intifada, claiming that they were being used to finance terrorism. The US has been putting pressure on Israel to release the funds, of which $1,500 million remain frozen, as evidence mounts of the economic and humanitarian crisis in the Palestinian territories. The $10 million awarded to Egged is to be deducted from the balance.
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