$38 billion US defense aid to Israel goes into force

October 2, 2018 Off By Web Desk

A 2016 military aid package between the US and Israel has gone into force, the US State Department said on Tuesday.

The deal, signed under the Obama administration, will provide Israel $38 billion in US military financing from 2019 to 2028.

As we enter the new fiscal year, the 10-year period of the $38 billion Memorandum of Understanding (MOU) signed by the United States and Israel in 2016 begins, State Department Spokeswoman Heather Nauert said in a written statement.

Under the terms of the MOU, the United States will set funding for Israel at levels of $3.3 billion in Foreign Military Financing and $500 million for cooperative programs for missile defense over each of the next ten years.

As more US military aid heads to Israel, the US recently stopped funding the UN agency that helps Palestinian refugees.

OIC Secretary General last month blasted the US decision saying it will be an obstacle for UNRWA in its mission to alleviate the economic, social, and humanitarian suffering of the Palestinian refugees.

The US was once the UNRWA’s most significant contributor by far, providing it with $350 million annually — about a quarter of its overall budget.

Established in 1949, the UNRWA provides critical aid to Palestinian refugees in the blockaded Gaza Strip, the Israeli-occupied West Bank, Jordan, Lebanon, and Syria.

Source: International Islamic News Agency