The largest ever US military aid package to Israel, which worth $38bn to be delivered with a period of ten years, entered into force, State Department Spokeswoman Heather Nauert announced yesterday.
“As we enter the new fiscal year, the ten-year period of the $38 billion Memorandum of Understanding (MOU) signed by the United States and Israel in 2016 begins,” Nauert said in a written statement.
“Under the terms of the MOU, the United States will set funding for Israel at levels of $3.3 billion in Foreign Military Financing and $500 million for cooperative programs for missile defense over each of the next ten years,” she added.
She said that the implementation of the MOU reflects “the enduring and unshakable commitment of the President [Trump], this Administration, and the American people to Israel’s security.”