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US Pledges Half a Billion Dollars to PLO
Reported: 09:43 AM - Dec/17/07
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(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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