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U.S. unblocks $500 million for Palestinians

Posted By -NO AUTHOR- On 03/24/2013 @ 12:37 pm In Money,Politics,U.S.,World | No Comments

(YNETNEWS) — The United States has quietly unblocked almost $500 million in aid to the Palestinian Authority which had been frozen by Congress for months, a top US official said Friday.

The news that the funds had finally been freed up came after US President Barack Obama met top Israeli and Palestinian leaders in a landmark visit to Israel and the West Bank earlier this week.

“To date, we have moved $295.7 million in fiscal year 2012 money… and $200 million in fiscal year 2013 assistance,” State Department spokeswoman Victoria Nuland told reporters.

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