Connect with us

Hi, what are you looking for?

Jewish Business News


Trump Plans to Cut Global Foreign Aid – but Increase Aid to Palestinians, Report

Internal State Department budget plan published by Foreign Policy magazine shows cutting aid to Egypt by 47.4% and a 21% cut in foreign aid to Jordan.

Trump's speech to Congress


Foreign Policy magazine published Monday 15-page State Department document regarding the major cuts, more than a third of the U.S. foreign aid across the world. But the document show that President Trump administration is preparing to actually increase USAID to Palestinian territories in the West Bank and Gaza, Haaretz reported on Monday,

The documents show major cuts in foreign aid to numerous countries in all continents, but a small rise of 4.6% in foreign aid to the West Bank and Gaza, which would go up to $215 million for the 2018 fiscal year.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

According to the documents, other countries in the Middle East that would see increased aid spending are Syria, Iraq and Libya, which will all see hundreds of millions of dollars invested should the budget proposal gets approved.

All other countries in the Middle East that appear in the document, however, will suffer severe cuts in aid.

Aid to the PA has been cut and restored by Washington several times in recent years. Most recently, in the final hours of his administration, former President Barack Obama defied Republican opposition and quietly released $221 million to the PA.

Haaretz also reported that the document proposes a 47.4% cut to Egypt’s aid, and a 21% cut in foreign aid to Jordan.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.