Author Topic: US unblocks $500M for Palestinians  (Read 1164 times)

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Offline CG6468

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US unblocks $500M for Palestinians
« on: March 24, 2013, 11:18:39 AM »
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US unblocks $500M for Palestinians


State Department spokeswoman Nuland says aid money frozen by Congress for months freed up as PA faces worst economic crisis in years

AFP Published:  03.23.13, 12:03 / Israel News 

The United States has quietly unblocked almost $500 million in aid to the Palestinian Authority which had been frozen by Congress for months, a top US official said Friday.

The news that the funds had finally been freed up came after US President Barack Obama met top Israeli and Palestinian leaders in a landmark visit to Israel and the West Bank earlier this week.

"To date, we have moved $295.7 million in fiscal year 2012 money… and $200 million in fiscal year 2013 assistance," State Department spokeswoman Victoria Nuland told reporters.

The Obama administration also notified Congress in late February that it was seeking a further $200 million to fund US Agency for International Development (USAID) programs for the Palestinians, she said.

The first sum comprises some $195.7 million, allocated under the 2012 fiscal year budget for USAID economic, development and humanitarian assistance, as well as a further $100 million earmarked specifically for narcotics control.

The second sum of $200 million unblocked and available to the Palestinian Authority will come under the 2013 budget and be spent for direct budget support.

The Palestinian Authority is facing its worst economic crisis in years, in part because of a failure by donors to deliver pledged funds. But its finances were plunged further into chaos after president Mahmud Abbas won upgraded UN observer status at the UN General Assembly in late November.

Congress froze the US administration's requests for funds.

Give the terrorists all they want
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Offline Dori

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Re: US unblocks $500M for Palestinians
« Reply #1 on: March 24, 2013, 11:21:11 AM »
Give the terrorists all they want

How nice of us.  Now they can buy more rockets to shoot at Israel.  The people will never see a dime of it. :mad:
“How fortunate for governments that the people     they administer don't think”  Adolph Hitler

Offline Zathras

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Re: US unblocks $500M for Palestinians
« Reply #2 on: March 24, 2013, 11:25:18 AM »
How many tours of the White House would that $500 million buy?
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Offline Dori

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Re: US unblocks $500M for Palestinians
« Reply #3 on: March 24, 2013, 11:32:06 AM »
How many tours of the White House would that $500 million buy?

6,756.75  :-)
“How fortunate for governments that the people     they administer don't think”  Adolph Hitler