AP News

Palestinian PM threatens to quit over cash crunch

RAMALLAH, West Bank (AP) — An official close to the Palestinian prime minister says he is threatening to resign.

The official says Salam Fayyad believes he has not received enough support from other political factions as he steers the Palestinian Authority through an economic crisis.

The official says Fayyad and President Mahmoud Abbas will discuss the resignation later Wednesday. The official spoke on condition of anonymity because he was not authorized to talk to the media.

Fayyad, an internationally-respected economist, has been forced to raise taxes and delay salary payments to civil servants because of the financial crisis. He says he has no choice because foreign donors have not delivered promised aid.

But public protests led by Abbas' Fatah faction have blamed Fayyad.

Abbas's office denies Fayyad is threatening to resign.

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