Archive

Posts Tagged ‘Marian Wang’

F.A.Q. on U.S. Aid to Egypt: Where Does the Money Go—And Who Decides How It’s Spent?

February 1st, 2011 1 comment

(With permission from author.)

“F.A.Q. on U.S. Aid to Egypt: Where Does the Money Go – And Who Decides How It’s Spent?”

by Marian Wang ProPublica, Jan. 31, 2011, 4:53 p.m.

The protests in Egypt have prompted renewed questions about the U.S.’s aid to the country – an issue that the U.S. government has also pledged to reconsider [1]. We’ve taken a step back and tried to answer some basic questions, such as how as much the U.S. has given, who has benefitted, and who gets to decide how its all spent.

How much does the U.S. spend on Egypt?

Egypt gets the most U.S. foreign aid of any country except for Israel. (This doesn’t include [2] the money spent on the Iraq and Afghanistan wars.) The amount varies each year and there are many different funding streams, but U.S. foreign assistance to Egypt has averaged just over $2 billion every year since 1979, when Egypt struck a peace treaty with Israel [3] following the Camp David Peace Accords, according to a Congressional Research Service report from 2009.

Read more…