Thursday, March 20, 2008

Makes you wonder who's running our foreign policy...

US to transfer $150 million in aid to Palestinians
Payment part of a total of $550 million US pledged to pay to PA over three years, part of a total of $7.7 billion in pledges from international donors made at Paris conference in December. Palestinian PM Fayyad says money to go directly to national treasury, to be used for running cash-strapped government (Yeah, Gimmee a break!)

The US is transferring $150 million in aid to the Palestinian government in coming days, the Palestinian Prime Minister announced Wednesday.
The payment is part of a total of $550 million the US pledged to pay to the Palestinians over three years, part of a total of $7.7 billion in pledges from international donors made at a conference in Paris in December.

Fayyad said the US money would go directly to the national treasury, to be used for running the cash-strapped government. Donors often prefer giving money for more prestigious development projects, rather than budget support, and Fayyad said it was significant that the US earmarked the money for government operations. (Yeah, Gimmee a break! ...government operations here means firing rockets at Israel...and the ignorant Americans pay...gimmee a break!)

Fayyad, an economist widely credited with cleaning up Palestinian Authority spending, said he considers the direct payment to the Treasury a show of support.

"We see this as significant, especially because it underscores the confidence with which our financial system is viewed internationally," he said at a signing ceremony with the US consul-general in Jerusalem, Jacob Walles.
Walles called on other donors to fulfill their pledges as well (And just when will that be?) . "A number have already provided assistance in this area (And we know that number to be Hammas and Saudi Arabia...providing more rockets), but we look forward to others following our lead in this as well," he said.
The US will also contribute $148 million to the UN Relief and Works Agency, which aids Palestinian refugees, and will disburse more than $200 million in development aid (Gimmee a break! Here we go again, more Palestinian rockets developed by US dollars) , Walles said.
The international aid is to help the Palestinians provide the economic underpinning for a future state, and to give a boost to the Palestinian private sector. However, the World Bank has warned that the aid will not be effective unless Israel eases restrictions on movement (Sure, so the suicide bombers can move about freely! Gimmee a break!), such as West Bank roadblocks and checkpoints, imposed eight years ago to rein in militants.

Fayyad said there's been little progress on the issue. The Palestinians are still waiting for Israeli approval to move ahead with two West Bank industrial parks, for example.
"We have to continue to try with the help of the international community to change the context, to remove restrictions, to make it possible for these big infrastructure projects (Which translates to huge rocket launchers inside school buildings...gimmee a break!) to be implemented," Fayyad said.

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