peace: For too long the Palestinian people have been trapped in inefficient frameworks of the past, Kushner said in a statement released Saturday, according to CNN. He called the plan a vision of what is possible if there is peace. Senior White House adviser Jared Kushner will pitch the proposal during a two-day conference in Bahrain this week with international investors and foreign government officials, calling for a combination of grants, low-interest loans and private investments over 10 years -- more than half of which would be spent in the Palestinian territories, while the rest would flow to neighboring Egypt, Lebanon and Jordan. The proposal, which the White House hopes will be bankrolled primarily by wealthy Arab countries and private investors, aims to create one million new jobs in the West Bank and Gaza, double Palestinian GDP and halve the Palestinian poverty rate, two senior administration officials told CNN. Reuters first reported the details of the proposal. Instead, administration officials hope the proposal will stimulate discussion about the economic possibilities of regional peace and build pressure on Palestinians to seriously consider a peace agreement with Israel in light of the economic possibilities. But the proposal -- while specific in detailing 179 projects -- remains theoretical it includes no guaranteed economic assistance to the struggling Palestinian economy, nor any financial pledges from companies, governments or international organizations to back up the numbers, a senior administration official said.
(news.financializer.com). As
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