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'$5,000,000,000'

US proposes $5B Middle East reconstruction fund for Iran War

SUMMARY

The Trump administration has proposed a $5 billion fund to help rebuild critical infrastructure across the Middle East damaged in the war with Iran, even as the seven-month conflict continues.

The Partnership for Allied Construction & Trust would be led by the US Development Finance Corporation, with the stated aim of encouraging investment, reconstruction and economic expansion, according to a document outlining the proposal.


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