We would be wiser to flush the money down the toilet.. at least then we'd know it wasn't being used against us.
WASHINGTON, May 21 (Reuters) - The U.S. government will provide $550 million in direct financial support to the Palestinian Territories in 2008 and aims to leverage more in private investment funds to help spur the Palestinian economy, a senior U.S. Treasury official said on Wednesday.
In remarks prepared for delivery to the Palestine Investment Conference in Bethlehem, Deputy Treasury Secretary Robert Kimmitt said $150 million has already been transferred as budget support to the Palestinian Authority.
The United States also has pledged to provide $148 million in humanitarian aid through the United Nations, and is "requesting significant levels of assistance from Congress for next year," Kimmitt said in remarks released in Washington.
Thursday, May 22, 2008
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