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US aid to Israel in fiscal year 2010 at $2.775b

US foreign aid to Israel will rise by US$225 million in fiscal year 2010. Israel can spend up to 25% of the sum for defense purchases
21.12.09 / 00:00
US aid to Israel in fiscal year 2010 at $2.775b
21.12.09
US aid to Israel in fiscal year 2010 at $2.775b

US foreign aid to Israel will rise by US$225 million in fiscal year 2010. Israel can spend up to 25% of the sum for defense purchases


US President Barack Obama signed last week the foreign aid budget law for 2010 which includes the granting of US$2.775 billion in security aid to Israel.
 
US foreign aid to Israel will rise by US$225 million in fiscal year 2010.
 
Annual aid to Israel under the MOU is to rise from $2.55 billion in 2009 to a ceiling of $3.1 billion in 2013, and it will remain at that level for the rest of the period.
 
Like in previous years, Israel can spend up to 25% of the sum for defense purchases from Israeli manufacturers, and the remainder must be spent for defense purchases in the US.
 
Egypt will receive $1.3 billion in aid in 2010, and Jordan will receive $540 million.
 
The budget signed by Obama, for the first time, also grants $500 million to the Palestinian Authority. The aid also includes $100 million to be used by US General Keith Dayton, who is in charge of training the Palestinian security forces in the West Bank.
 
 

 

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