Skip to content
Deacon Keith Fournier Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you. Help Now >

Iran's Assets Uncovered: Iran cash windfall from Iran nuclear deal estimated at $150 billion

Free World Class Education
FREE Catholic Classes
America's cash aid to Israel since 1948 is less than the Iran deal's $150 billion

A total of $150 billion is estimated to be the amount Iran will receive from the Iran deal. This amount will provide the country more than the $124.3 billion the U.S. has given to Israel in total financial aid since 1948.

Highlights

MUNTINLUPA CITY, PHILIPPINES (Catholic Online) - Many people already dispute what the exact amount of money Iran will be getting after its foreign assets are unfrozen. The Obama administration estimated the amount to be around $50 billion, while the Israeli ambassador claims the amount to be around $150 billion. However, according to the Obama administration, much of the amount has already been obligated, including projects conducted with China.

Foreign Policy estimated the amount to be around $120 billion. This amount is based on $20 billion per year in oil revenues arriving to a total of $420 billion for 15 years.

Following the estimate provided by the Foreign Policy, the amount will still surpass the total amount the U.S. had sent to Israel since the country's existence. Even with the Obama administration's low estimate, the cash received by Iran from the U.S. would surpass the cash fund sent by the U.S. in the past 15 years with a minimum of $3 billion per year.

The Iran deal will allow the country to access their own money, as stated by the Secretary of State John Kerry. However, much of the financial aid received by Israel from the U.S. is computed to be at least 75 percent of the military aid. Meaning, a large portion of the aid given to Israel will come back as money of the U.S.

Even with the approval of the deal's monetary amount not considered, Iran is still not obligated to spend the money in the United States. Some of the amount is expected to be spent on some terrorist proxies in areas around the Middle East, even with the White House conceding.

---


'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'


Copyright 2021 - Distributed by Catholic Online

We ask you, humbly: don't scroll away.

Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you.

Help Now >

Join the Movement
When you sign up below, you don't just join an email list - you're joining an entire movement for Free world class Catholic education.

Prayer of the Day logo
Saint of the Day logo

We ask you, humbly: don't scroll away.

Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you.

Help Now >

Deacon Keith Fournier Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you. Help Now >

Catholic Online Logo

Copyright 2024 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2024 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.

Catholic Online is a Project of Your Catholic Voice Foundation, a Not-for-Profit Corporation. Your Catholic Voice Foundation has been granted a recognition of tax exemption under Section 501(c)(3) of the Internal Revenue Code. Federal Tax Identification Number: 81-0596847. Your gift is tax-deductible as allowed by law.