US to deliver $148 million to Palestinian Authority

(The Jerusalem Post) According to Michael Wilner of The Jerusalem Post, Secretary of State John Kerry has committed to providing the Palestinian Authority (PA) with $148 million “to help the Palestinian Authority avert a budget crisis and to support US efforts to achieve a two-state solution to the Israeli-Palestinian conflict.”

Kerry has commented that he “was working with private sector businesses and allied governments on committing significant investments in both the West Bank and the Gaza Strip.”  And that “overall package could amount to over $4 billion in investments.”