OSLO (Reuters) -The Palestinian Authority has received 407 million shekels ($114 million) from Israel with more funds on the way soon following a deal to release frozen tax funds, the Norwegian government said on Thursday. Norway on Feb. 18 said it had agreed to assist in the transfer of funds earmarked for the Palestinian Authority (PA) that were collected by Israel, providing crucial funding to the Western-backed entity. "This money is absolutely necessary to prevent the collapse of the Palestinian Authority, to ensure that the Palestinians receive vital services, and that teachers and health workers are paid," Norwegian Prime Minister Jonas Gahr Stoere said.