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US Military Aid to Israel to Be Halved by 2028, Phased Out by 2033
Summarized from i24NEWS English by baba
CenterNeutral tone
US military aid to Israel is reportedly set to be halved by 2028 and phased out entirely by 2033, according to Yedioth Ahronoth. A new memorandum of understanding is being finalized, shifting from $33 billion over ten years to $16.5 billion over five years, while US contributions to joint air defense development may increase. This plan contrasts with former President Donald Trump's claim of an earlier aid cessation. Both countries aim to finalize the agreement before the end of the year.
The story in 6 lines · by baba
- US military aid to Israel is reportedly set to be halved by 2028 and phased out by 2033.
- A new memorandum of understanding is being finalized by US and Israeli teams.
- Direct military aid would decrease from $33 billion over ten years to $16.5 billion over five years.
- US contributions to joint air defense system development are expected to increase.
- This plan contrasts with former President Donald Trump's earlier announcement to end aid by 2026.
- Both countries hope to finalize the agreement before the end of the year.
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