By Daniel Pipes
Was I the only one rubbing my eyes in disbelief yesterday, as the Egyptian government hosted an “International Conference for the Reconstruction of Gaza”?
It took place in Sharm El-Sheikh, attended by delegations from 71 states, plus 16 regional, international, and financial organizations. Its stated goal was to raise US$2.8 billion, of which $1.3 was for rebuilding what had been destroyed in the course of Israel’s recent war on Hamas (the rest would be sent to the Palestinian Authority to help improve its standing). The actual amount raised at the conference was $4.5 billion which, when added to previously committed funds, means the grant total for Gaza and the PA comes to $5.2 billion, to be disbursed over a two-year period. A delighted Egyptian foreign minister called the amount “beyond our expectations.” U.S. Secretary of State Hillary Clinton called it “a very productive conference”
Among the larger donations included a Gulf Cooperation Council contribution of $1.65 billion over five years and a U.S. government pledge of $900 million from the American taxpayer (of which $300 million will go for Gaza rebuilding).
Husni Mubarak of Egypt, Nicholas Sarkozy of France, Silvio Berlusconi of Italy, Ban Ki-moon of the United Nations, Amr Moussa of the Arab League, and Mahmoud Abbas of the Palestinian Authority gave speeches. Read more ...
Was I the only one rubbing my eyes in disbelief yesterday, as the Egyptian government hosted an “International Conference for the Reconstruction of Gaza”?
It took place in Sharm El-Sheikh, attended by delegations from 71 states, plus 16 regional, international, and financial organizations. Its stated goal was to raise US$2.8 billion, of which $1.3 was for rebuilding what had been destroyed in the course of Israel’s recent war on Hamas (the rest would be sent to the Palestinian Authority to help improve its standing). The actual amount raised at the conference was $4.5 billion which, when added to previously committed funds, means the grant total for Gaza and the PA comes to $5.2 billion, to be disbursed over a two-year period. A delighted Egyptian foreign minister called the amount “beyond our expectations.” U.S. Secretary of State Hillary Clinton called it “a very productive conference”
Among the larger donations included a Gulf Cooperation Council contribution of $1.65 billion over five years and a U.S. government pledge of $900 million from the American taxpayer (of which $300 million will go for Gaza rebuilding).
Husni Mubarak of Egypt, Nicholas Sarkozy of France, Silvio Berlusconi of Italy, Ban Ki-moon of the United Nations, Amr Moussa of the Arab League, and Mahmoud Abbas of the Palestinian Authority gave speeches. Read more ...
Source: FrontPage Magazine
If you chose "No," please consider providing your solution to Gaza crisis in the comments. |