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2026-08-11T16:04:10.000Z

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$400M to clear Hamas debts in Gaza deal

$400M to clear Hamas debts in Gaza deal

The article reveals an agreement between the "Peace Council" and mediators on one side, and the Hamas movement on the other, which includes a commitment to settle a debt owed by the movement amounting to 400 million dollars. The agreement involves transferring these funds to suppliers, contractors, and government employees who have not yet received their salaries, with the distribution of money subject to strict individual scrutiny to ensure it is not used for illegal or military activities. This comes as part of a plan that includes collecting weapons from factions through financial incentives and rehabilitation programs, and handing over weapons to an emerging Palestinian governing body, concurrent with a potential Israeli withdrawal. Israel strongly opposes the plan, with Prime Minister Benjamin Netanyahu insisting that there will be no withdrawal before the complete disarmament. Meanwhile, international officials consider the plan the only viable option and are calling on the international community to pressure Israel to implement the agreement.

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