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Reported
US Pledges Half a Billion Dollars to PLO
(IsraelNN.com) The United States has announced its plan to donate 555 million dollars to the budget of the PLO as part of the Conference of Donors for a Palestinian State conference held Monday in Paris. The pledge includes 150 million dollars in direct funding for Abbas' Fatah government.
Monday's conference is expected to raise almost 6 billion dollars in aid for the PLO, which will be used to run local Arab infrastructure and plans for the next 3 years.
Israeli analysts have accused the United States of pressuring Israel to make concessions to the Arab world as part of US President George W. Bush's goal to create a Palestinian state by the end of his term.
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