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Friday, November 07, 2003

PA Finance Minister to Resign

Maariv (Hebrew) - Palestinian Finance Minister Salam Fayyad has resigned - according to sources close to Fayyad.

Fayyad said he might reconsider if Abu Ala forms a permanent government and receives authority over all the security services.

Fayyad's resignation could cause a crisis in relations between the PA and the U.S., Europe, and Arab states, since much overseas aid is dependent on the donors' trust in Fayyad's personal control over PA bank accounts.