Thursday, May 2, 2024

Kemp instructs Georgia treasurer to buy $10 million in bonds from Israel | Georgia



(The Center Square) — Georgia Gov. Brian Kemp advised the state treasurer to buy $10 million in bonds from Israel.

In a Friday news liberate, the governor mentioned the transfer displays the state’s enhance of the rustic — and its protection efforts — following Hamas’ terrorist assaults on Oct. 7 and resulting combating.

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According to the discharge, $10 million was once the best to be had in the marketplace, bringing to $25 million Georgia’s present funding in Israel by way of bonds. Since Kemp took workplace in 2019, Georgia has bought an mixture of $50 million in bonds, with part of the bonds now matured, the governor’s workplace mentioned.

“Israel is one of Georgia’s strongest allies and greatest friends, and our support for its people as they endure horrific attacks from terrorists is unwavering,” Kemp, a Republican, mentioned in a statement.

“Purchasing these bonds is just the latest expression of that support,” the governor, who traveled to Israel in May for an financial building travel, added. “Though this conflict was not of Israel’s choosing, we know they will be victorious in this fight against evil and those who seek its destruction.”

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Multiple public coverage teams and the Democratic Party of Georgia didn’t reply to requests in regards to the bond purchases and what it approach for taxpayers.

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