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​By SCM Reporter

 

​JERUSALEM — ISRAEL is preparing to “taper off” its reliance on billions of dollars in American military aid, Prime Minister Benjamin Netanyahu has revealed.

​In a bombshell interview with The Economist, the Israeli leader declared that his country’s economy has finally “come of age” and is ready to stand on its own two feet.

​Netanyahu predicted that Israel’s Gross Domestic Product (GDP) is on a rocket-path to hit the staggering $1 trillion mark—a milestone that would cement its status as a global economic powerhouse.

​‘Incredible Capacities’
​The Prime Minister signaled a historic shift in the “special relationship” between Washington and Jerusalem, suggesting the 10-year phase-out would reflect Israel’s new-found strength.

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​”We have developed incredible capacities,” Netanyahu said, pointing to the nation’s booming tech sector and defense innovations.

​For decades, the US has provided Israel with a massive military safety net, currently worth roughly $3.8 billion (£3 billion) a year.

But Netanyahu believes the “Start-Up Nation” no longer needs to be treated like a junior partner.

 


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