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Kerry announces $4 billion investment plan in West Bank and Gaza

Speaking at the World Economic Forum in Jordan on Sunday, U.S. Secretary of State John Kerry announced an unprecedented $4 billion investment plan in the West Bank and Gaza. Kerry gave no details on the plan itself. The investment will be coordinated by Quartet representative and former British Prime Minister Tony Blair.

The Palestinian Authority has suffered a deep financial crisis in the past few years. It is not clear what form the new investment program will take, and to what extent will Israel control its implementation.

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    1. rsgengland

      If the Palestinian Authority had listened to, and followed Fayed’s plans, the billions of dollars poured into Judea and Samaria [called the West Bank after Jordan invaded, occupied and annexed the area after 1948] would have been soundly invested and improved the lives of the locals.
      But as per normal, the money was embezzled, misappropriated and wasted by the Administration and its’ friends, on pointles projects, and buying influence and favour.
      One such issue [among many], is the paying of salaries to convicted and jailed murderers, arsonists and the like, while ignoring infrastructure and social projects for local Palestinians.

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