The $50 billion Middle East economic plan laid out by the Trump administration includes the creation of a global investment fund to lift Palestinian and neighboring Arab state economies, Reuters reported, citing U.S. officials and documents.
More than half of the $50 billion would be spent in Palestinian territories over 10 years, according to the report. The rest would be split between Egypt, Lebanon and Jordan.
The plan, which will be presented by President Donald Trump’s son-in-law Jared Kushner at a conference in Bahrain next week, includes 179 infrastructure and business projects.