White House unveils $50 billion Palestinian economic plan

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White House unveils $50 billion Palestinian economic plan
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The Trump administration unveiled a $50 billion proposal intended to power its “deal of the century” Middle East peace plan.

Published 6:37 PM EDT Jun 22, 2019

With no official participation from the two main protagonists, Israel and the Palestinians, and scant enthusiasm from others, continued uncertainty and strong doubts over the plan’s political vision and the distraction of potential U.S.-Iran conflict, expectations are decidedly low. President Donald Trump’s senior adviser and son-in-law Jared Kushner faces high hurdles in building support for the initiative.

“Generations of Palestinians have lived under adversity and loss, but the next chapter can be defined by freedom and dignity,” the White House said, calling the plan “the most ambitious international effort for the Palestinian people to date.” “The plan cannot pass because it ends the Palestinian cause,” Abbas said Saturday. “We are not going to attend this workshop, the reason is that the economic situation should not be discussed before a political situation, so long as there is no political situation, we do not deal with any economic situation.”

Its supporters suspect the administration purposely scheduled the Bahrain conference to conflict with its event, noting that Kushner’s peace plan partner Jason Greenblatt has publicly called for UNRWA’s dissolution. Greenblatt argued last month that the agency perpetuates Palestinian victimhood, abets anti-Israel sentiment and is an inefficient drain on funds that could be better directed.

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