Live UpdateFrom the Liveblog of Friday, August 9, 2024
US set to release $3.5 billion to Israel for arms purchases — report
Washington is set to provide Israel with $3.5 billion to spend on US weapons and military equipment, releasing the money months after it was appropriated by the US Congress, CNN reports, 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 reports. The money comes from a package of $14.1 billion in supplemental funding for Israel passed in April.
According to CNN, the money will not be used for the immediate procurement of weapons, but to pay for systems currently being built and expected to be delivered in the future.
