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Tuesday, March 03, 2009

Read the Fine Print: Only One-third of US Pledge at Gaza Conference to go to Gaza, None of it for Rebuilding

One of the headlines coming out of the Gaza donors conference currently being held in Egypt is the US's pledge of $900 million for the Palestinians. What is getting less attention is that only one third of that will actually go to Gaza and none of that can be used for rebuilding.

State Department spokesperson Robert A. Wood said that the breakdown of the $900 million was: $300 million for "urgent humanitarian needs" in Gaza; $200 million to help the Palestinian Authority meet its budget; and $400 million for the authority's programs to improve governance, security and economic development.

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