Egypt's central bank governor calls for deeper Mediterranean cooperation, cites $31b trade ties    Egypt's stocks record strong gains in September, EGX30 up 4.33%    Egypt approves 776,379 state-funded treatment decisions in July–August    Egypt launches waste reduction plan in Port Said with Japan's JICA    Telecom works near Grand Egyptian Museum cause brief Cairo service outage: NTRA    Egypt drug regulator, Organon discuss biologics expansion, investment    Microfinance portfolios in Egypt exceed EGP 101bn, reaching 4.1 million clients by Q2 2025    Gaza death toll surpasses 66,000 as Israel tightens siege, 'Freedom Flotilla' nears coast    Egypt's PM addresses parliament on Al-Sisi's objections to criminal procedures bill    Egypt's Contact Financial closes EGP 1.312bn securitisation bond    Suez Canal Authority urges Maersk to resume transits, citing strategic role in global trade    Egypt's Al-Sisi reaffirms state's commitment to judicial independence    Alameda launches Egypt's largest private-sector medical conference    Egypt calls for global mental health action, strengthens regional partnerships at Doha Summit    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt's foreign minister says Ethiopia's Nile dam policy is 'destabilising'    Trump unveils controversial Gaza peace plan amid escalating crisis, divided responses    Al-Sisi, Bin Zayed back Trump's Gaza peace initiative amid mounting diplomatic drive    Egypt to host men's, juniors' and ladies' open golf championships in October    Egypt's President Al-Sisi pardons activist Alaa Abdel Fattah, 5 others    Egyptian Writers Conference announces theme for 37th session    Egypt's Al Ismaelia wins heritage award for Downtown Cairo revival    Egypt's PM heads to UNGA to press for Palestinian statehood    Egypt condemns terrorist attack in northwest Pakistan    Egypt's foreign minister holds talks on reviving Iran nuclear negotiations    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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.



US Congress may restrict aid to Egypt
Published in Bikya Masr on 18 - 12 - 2011

CAIRO: The United States Congress may restrict aid to Egypt, as part of a $53.3 billion bill set to restructure US foreign aid.
As a state of political chaos unravels through Egypt's post-Mubarak transition to democratic rule, Congress has moved to reconsider the $1.3 billion in security service funding it gives to the Egyptian military annually.
Under the terms of the bill, $250 million in US economic assistance for Egypt would also be blocked for review.
The funds would be released when the secretary of state assures Congress that Egypt is obeying the 1979 Camp David Peace Accords with Israel, and supporting a transition to a civilian-led government in Egypt by “implementing policies to protect freedom of expression, association and religion and due process of law.”
“In a difficult economic and political climate, this bill meets our national security needs and global responsibilities while implementing tough restrictions and requirements on recipients of US assistance,” said Rep. Nita Lowey.
The Republican-backed bill was passed in the House of Representatives on Friday, and will be up for a Senate vote this weekend. It comes amid efforts to cut the United State's budget deficit, as Republicans push to reduce overseas spending.
The United States government has given Egypt an average of $2 billion in aid since 1979, the majority of which goes to the Egyptian military.
In 2010, $1.3 billion went to the Egyptian forces. Another $1.9 million was allocated to help train the Egyptian military and bolster long-term cooperation between the United States and Egypt.
The Obama administration requested the same amount of assistance for the 2011 fiscal year.
The bill under debate devotes $3.1 billion in security assistance for United State's ally Israel. It also restructures US foreign aid for Pakistan and the Palestinian Authority.
Meanwhile, political violence in Egypt continues, as the military wages an attack on anti-government protesters for the third consecutive day, leaving at least 10 dead and nearly 400 injured, according to official Ministry of Health death tolls.
BM
ShortURL: http://goo.gl/DFq1a
Tags: featured
Section: Egypt, Latest News


Clic here to read the story from its source.