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Increased funding for US-Israel international development cooperation projects.

This Act doubles the authorized funding for cooperative development projects between the United States and Israel in developing countries, such as those in Africa, Eastern Europe, and Latin America. The annual allocation increases from $2 million to $4 million for fiscal years 2024 through 2026 to support global goals in agriculture, health, water, and education. While not directly impacting US citizens' finances, the law strengthens US international standing and cooperation in critical global sectors.
Key points
Funding Increase: Annual appropriations for joint US-Israel development projects will double from $2 million to $4 million for fiscal years 2024, 2025, and 2026.
International Cooperation: Funds will support projects in developing countries focusing on water technology, agriculture, education, global health, and food security.
Congressional Report: USAID must report on the feasibility of expanding cooperation, including with regional Arab partners, potentially leading to further global development investments.
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Additional Information
Print number: 118_S_2240
Sponsor: Sen. Coons, Christopher A. [D-DE]
Process start date: 2023-07-11