Factbox: U.S. assistance to the West Bank, Gaza

June 10, 2010 By Leave a Comment

(Reuters) – President Barack Obama said on Wednesday the United States would provide almost $400 million in new aid to the Palestinians.

World

Following are some details of the assistance for the West Bank and Gaza.

* A $240 million investment by the Overseas Private Investment Corp in the AMAL mortgage finance program in the West Bank, which offers long-term mortgages at fixed and variable rates.

* Funding of $75 million through the U.S. Agency for International Development (USAID) to support the Palestinian Authority’s work to improve infrastructure in the West Bank and Gaza.

* Aid worth $40 million to support the United Nations Relief and Works Agency (UNRWA) for Palestine Refugees in the Near East. The aid will go to the UNRWA’s Emergency Appeal for Gaza and the West Bank, which will help improve educational and health services, increase job creation and repair shelters in Gaza.

* $14.5 million in USAID projects for school rehabilitation, small-scale agriculture, the repair of a hospital facility and other community infrastructure in Gaza.

* $10 million for the construction of five new UNRWA schools in Gaza.

* $10 million in USAID-funded activities aimed at enhancing the Palestinian private sector’s competitiveness

* $5 million to start nine USAID-funded projects to repair water distribution and waste water collection systems in Gaza.

(Writing by Deborah Charles)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Funds boost for Manning Valley

March 16, 2010 By Leave a Comment

Harrington, Taree, Old Bar and Wingham are all set to benefit from the latest round of funding announcements for the Federal Government’s Regional and Local Community Infrastructure program.

More than $400,000 has been allocated to 10 community projects across the Manning Valley, providing sporting and community facilities as well as supporting up to 35 jobs during the construction period.

The sporting complexes at Wingham and Old Bar have attracted a major slice of the funding, with a total of $140,000 granted for upgrade works.

The Wingham tennis courts and Old Bar skate park will also be able to make improvements with more than $40,000 heading their way.

Waterfront amenity will also be improved with money allocated to the construction of pathways, boardwalks and other upgrades at Taree, Harrington and Johns River, while senior citizens will enjoy a $40,000 upgrade to Ormsby House in Taree.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,