Economic news
US releases $3.5 billion to Israel to spend on US weapons, military equipment, CNN reports
2024.08.09 16:12
WASHINGTON (Reuters) – Washington is set to provide Israel with $3.5 billion to spend on U.S. weapons and military equipment, releasing the money months after it was appropriated by the U.S. Congress, CNN reported on Friday, citing sources familiar with the matter.
The State Department notified lawmakers on Thursday night that the government intended to release the billions of dollars worth of foreign military financing to Israel, CNN reported, adding that the money comes from the $14.1 billion supplemental funding bill for Israel passed in April.
