(Shutterstock)
Israel invests in the countries that support it.
By: World Israel News Staff
Prime Minister Benjamin Netanyahu has plans to launch a fund that will invest $50 million in developing countries that support Israel, Israel’s Channel 2 news reported Wednesday.
According to the report, the fund, named “50 on 50,” will distribute $50 million in Israeli funds among 50 countries.
Each country will receive aid in the areas it requires, including technology, water treatment and agriculture.
The Foreign Ministry, which will oversee the project, has reportedly mapped out potential countries for aid, from Africa to Eastern Europe and Asia, the report said.
The Prime Minister’s Office told Channel 2 that the fund is a relatively minor investment that could yield a major shift in support for Israel, especially at the United Nations, in the coming decade.
After receiving mandate to form a government, Gadi Eisenkot demands Netanyahu refrain from launching any…
Michigan Senator-elect Abdul El-Sayed vowed to be sworn in on a Quran when he takes…
Commander of Hamas forces in Khan Yunis and the coordinator of Hamas operations in southern…
Iranian-backed Iraqi Shiite militia group threatens new museum in Baghdad dedicated to Iraq's ancient Jewish…
The plan will be dedicated to increasing the number of students enrolled in Jewish educational…
Israel's Foreign Ministry responded sharply to Erdogan, who has a long history of incendiary rhetoric…