Donors at an international summit in Egypt on Monday pledged a total 5.2 billion dollars to reconstruct Gaza, Egypt's foreign minister Ahmed Aboul Gheit announced on Monday. The figure, promised by 70 countries, was "beyond our expectations," said Gheit.
Saudi Arabia pledged 1 billion dollars for Gaza.
US Secretary of State Hillary Clinton said Washington would donate 900 million dollars and vigorously seek to advance peace between Israel and the Palestinians.
"Our response to today's crisis in Gaza cannot be separated from our broader efforts to achieve a comprehensive peace," she said.
It's worth noting that the $1,000,000,000 pledged by Saudi Arabia is also coming from America indirectly through our gasoline purchases. And hey, we're borrowing our money from the Chinese!