"Israel is proposing writing off a significant chunk of Egypt’s international debts through the World Bank to entice the cash-strapped Abdel Fattah el-Sisi government to open its doors for displaced Palestinians, according to the Israeli Ynet website.
Egypt is currently mired in a debt crisis, ranking second only to Ukraine among countries most likely to default in debt payments.
The state is haemorrhaging half its revenue in interest payments and is reliant on loans from the IMF and wealthy Gulf states, limiting its ability to contradict US foreign policy.
However, it remains unclear whether Israel wields adequate influence at the World Bank to write off Egypt’s international debts.
Debt forgiveness has previously been leveraged by the United States to bring Egypt in line with its foreign policy. In 1991, the US and its allies forgave half of Egypt’s debt in exchange for its involvement in the anti-Iraq coalition during the second Gulf War."
Israel-Palestine war: Israel reportedly proposed writing off Egypt's debts for hosting Gaza refugees | Middle East Eye
The Zionists want Gaza and the strip ethnic cleansed of the Palestinians and the building of the Third Temple.
