SECRETARY CLINTON: There he is. (Laughter.) Hello. Well, I am delighted to see Prime Minister Fayyad, and this link-up is the next best thing to being together in person. And I welcome our guests here in Washington and say hello to everyone in Ramallah.
...the United States and our international partners are committed to supporting the Palestinian Authority as it works to overcome these challenges. So today, I am pleased to announce that the United States has transferred an additional $150 million in direct assistance to the Palestinian Authority. This brings our direct budget assistance to a total of $225 million for the year and our overall support and investment to nearly $600 million this year. This figure underscores the strong determination of the American people and this Administration to stand with our Palestinian friends even during difficult economic times, as we have here at home.
This new funding will help the Palestinian Authority pay down its debt, continue to deliver services and security to its people, and keep the progress going. It will support our work together to expand Palestinians’ access to schools, clinics, and clean drinking water in both the West Bank and Gaza. And it will allow Prime Minister Fayyad’s government to build and modernize courthouses and police stations, train judges and prosecutors, and launch new economic development initiatives.
Strict safeguards are in place to ensure the money will be used responsibly. The United States, the World Bank, and the International Monetary Fund all carefully monitor the use of donor funds and we have great confidence in Prime Minister Fayyad and his ability to provide accountability and transparency...