Egypt's CBE expects inflation to moderate in '24, significantly fall in H1-25    Egypt to host 3rd Africa Health ExCon from 3-6 June    Poverty reaches 44% in Lebanon – World Bank    Eurozone growth hits year high amid recovery    US set to pour fresh investments in Kenya    Taiwanese Apple,Nvidia supplier forecasts 10% revenue growth    EFG Holding revenue surges 92% to EGP 8.6bn in Q1 2024, unveils share buyback program    Egyptian military prepared for all threats, upholds national security: Defence Minister    Philip Morris International acquires 14.7% stake in Egypt's largest cigarette maker Eastern Company    Gold prices slide 0.3% on Thursday    US Biogen agrees to acquire HI-Bio for $1.8b    Body of Iranian President Raisi returns to Tehran amidst national mourning    Egypt secures $38.8bn in development financing over four years    Palestinian resistance movements fight back against Israeli occupation in Gaza    President Al-Sisi reaffirms Egypt's dedication to peace in Gaza    Egypt to build 58 hospitals by '25    Egypt's Health Minister monitors progress of national dialysis system automation project    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    Nouran Gohar, Diego Elias win at CIB World Squash Championship    Coppola's 'Megalopolis': A 40-Year Dream Unveiled at Cannes    World Bank assesses Cairo's major waste management project    K-Movement Culture Week: Decade of Korean cultural exchange in Egypt celebrated with dance, music, and art    Empower Her Art Forum 2024: Bridging creative minds at National Museum of Egyptian Civilization    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    Swiss freeze on Russian assets dwindles to $6.36b in '23    Prime Minister Madbouly reviews cooperation with South Sudan    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt, US discuss aid
Published in The Egyptian Gazette on 26 - 09 - 2011

CAIRO - Egypt's Minister of International Cooperation and Planning Faayza Abul-Naga has said that Egypt and the US are maintaing discussions of the US aid to Egypt, the official Middle East News Agency reported on Monday.
She added that till now the amount of the financial aid has not been determined yet.
While participating in the joint annual meeting of the International Bank and International Monetary Fund in Washington, Abul Nagaa said she met the US Economic Affairs,Energy and Agriculture undersecretary of the Secretary of State to discuss the aid bundle which US President Obama announced last May.
The meeting as she said was attended by a delegation of all US parties concerned.
Abul Nagga hopes in the upcoming period to reach an agreement to the best interest of Egypt to help it pass through the bottle neck.
Meanwhile,Abul Nagga has also said that foreign funds channelled to unregistered Egyptian NGOs raises a question mark. She added that money extend to organizations taking part in political activities in the past six months has exceeded funds paid in six years.
Abul Nagaa said that she had requested a fact-finding committee to investigate such financing which she described as illegal and detrimental to national security. She pointed out that NGOs have to abide by the law that organises activities of civil societies.
According to the minister the committee submitted a report two weeks ago including names of NGOs that received funds without informing the Egyptian government.


Clic here to read the story from its source.