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Politics : The Truth About Islam

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To: FJB who wrote (10721)10/31/2007 5:29:16 PM
From: Proud_Infidel  Read Replies (2) of 20106
 
Bush wants $400 million for Palestinians
AP via Yahoo News ^ | 10/30/07 | MARK LAVIE

news.yahoo.com

JERUSALEM - The top American diplomat in Jerusalem said Monday that the Bush administration is seeking $400 million in new aid for the Palestinian Authority.

....

Walles said the administration will ask Congress for $400 million, half of which would be aimed at the private sector and infrastructure. He said $150 million would be earmarked for budget support and $25 million each would go to security and refugees.

The allocation would help counter a huge deficit in the Palestinian budget that followed the Western aid cutoff. Foreign aid covers about half of the Palestinian Authority's operating budget.

Since 1993, when Israeli-Palestinian interim peace accord was signed, the U.S. has given $1.7 billion in aid to the Palestinians, according to the USAid Web site.

(Excerpt) Read more at news.yahoo.com ....
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