
By Pamela Engel- Business Insider
The terrorist group ISIS, while dealing with a consistent
loss of territory in Iraq and Syria and unfulfilled
plans for Libya, has shed benefits and raised taxes as it
starts
running out of money. An ISIS memo found earlier this year saying the group had
cut salaries for fighters by 50% was widely circulated as
evidence of the group’s financial problems.
But Adam J. Szubin, the acting under secretary for terrorism and
financial intelligence at the US Treasury Department, explained
that’s not the extent of the measures ISIS has taken to rein in
its spending. “Overall, ISIL is significantly constrained in terms of its
funding,” he
told the CTC Sentinel, a publication of the Combatting
Terrorism Center at West Point.
Szubin noted that ISIS is cutting benefits as it tries to deal
with a cash crunch. “We received information earlier this year indicating that ISIL
stopped paying death benefits to families of ISIL personnel,”
Szubin said. “That’s a core benefit that a group like ISIL needs
to promise to the families of those going on suicide or likely
suicide missions in order to maintain their operational tempo.”







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