Secretary of State Antony Blinken said the US plans included $75m in economic and development assistance in the West Bank and Gaza, $10m for peacebuilding programmes through the US Agency for International Development (USAid), and $150m in humanitarian assistance for the UN Relief and Works Agency for Palestine Refugees (Unrwa).
The US will also resume security assistance programmes with the Palestinians.
The funding is in addition to the $15m in assistance to address the impact of the Covid-19 pandemic and food insecurity in the West Bank and Gaza that the US announced last month.
"US foreign assistance for the Palestinian people serves important US interests and values," Mr Blinken said. "It provides critical relief to those in great need, fosters economic development, and supports Israeli-Palestinian understanding, security co-ordination and stability. It also aligns with the values and interests of our allies and partners.
"The United States is committed to advancing prosperity, security, and freedom for both Israelis and Palestinians in tangible ways in the immediate term, which is important in its own right, but also as a means to advance towards a negotiated two-state solution."
https://www.bbc.com/news/world-middle-east-56665199
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