Saturday, June 22, 2019

US media down play it, but you probably should know about the Middle East peace plan

The White House revealed that the USA's peace plan for the Middle East, to be presented next week in Bahrain, anticipates investments worth about 50 billion dollars for Palestinians.

Donald Trump said that it envisages an attempt to reform the Palestinian economy and link Palestine with its neighbors to increase the scope of international investment.
The data published on the White House website show that the "Peace for Prosperity" plan provides for 179 infrastructure and business projects, calls for both public and private investments, and its purpose is, among others, creation of at least 1 million new jobs for Palestinians.

The document refers to $ 27.5 billion worth of projects in the West Bank and the Gaza Strip, and worth $ 9.1 billion, $ 7.4 billion, and $ 6.3 billion in investment for Palestinians in Egypt, Jordan, and Lebanon, respectively. Initiatives concern ventures in health care, education, tourism, agriculture, in the water sector or in the field of advanced technologies.

It's probably the most ambitious plan to date to help the Palestinians.