...

Georgia to receive financial aid from US

Finance Materials 11 November 2020 17:09 (UTC +04:00)

BAKU, Azerbaijan, Nov. 11

By Tamilla Mammadova – Trend:

The US Senate Budget Committee has released the draft Foreign Operations Budget 2021, which will address funding from the State Department and other agencies, including USAID, Trend reports via Georgian media.

According to the document, Georgia will receive $132 million in aid from the United States.

Unlike the document adopted by the House of Representatives, the draft budget published by the Senate does not provide for a limit on the allocation of funds, which should have been up to 15 percent of the aid allocated to Georgia by the budget prepared by the House of Representatives.

As reported, the $132 million to be allocated to Georgia for specific areas should be distributed as follows: From the assistance budget for Europe and Central Asia to Georgia - $83 million; $5.7 million for international drug control; $1.1 million to support counterterrorism programs; $2.2 million for international military education and training; $40 million for International Military Financing Program.

Negotiations will be held between the Senate Budget Committee and the House Budget Committees to approve the 2021 fiscal year budget for U.S. Foreign Operations, with the result that the text of the budget will be agreed upon and subsequently voted on.

---

Follow the author on Twitter: @Mila61979356

Tags:
Latest

Latest