Why is the us giving so much money to egypt?

Misty Fay asked a question: Why is the us giving so much money to egypt?
Asked By: Misty Fay
Date created: Sun, Mar 21, 2021 11:05 AM

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Top best answers to the question «Why is the us giving so much money to egypt»

  • The Obama administration says it prefers to keep aid flowing to Egypt for now — for stability's sake. “It would not be in the best interests of the United States to immediately change our assistance program to Egypt,” said White House spokesman Jay Carney. Yet some key members of Congress are calling for a cutoff.
  • In addition to Egyptian support for American “counterterrorism and counterinsurgency” campaigns, Springborg says the US also enjoys marginal benefits, including access to Egyptian airspace and the prioritisation of US naval vessels through the Suez Canal.

FAQ

Those who are looking for an answer to the question «Why is the us giving so much money to egypt?» often ask the following questions:

🇪🇬 Is the us giving money to egypt for military equipment?

  • “The United States does not give money to Egypt for military equipment; it gives the Egyptian military a list of equipment the American government will purchase on its behalf in the United States,” Gelvin told Al Jazeera. What about economic aid?

🇪🇬 How much spending money egypt?

How much spending money you take to Egypt depends on where you intend to stay and what you plan to do during your trip. Food, drink and activities are generally a little pricier in Sharm el Sheikh, so factor this into your budget if you’re heading there.

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🇪🇬 How much money does egypt have?

Egypt has about 450-460 billion dollars.The currency in Egypt,the Egyptian pound is worth about 16 cents.1 pound=16 cents.From the year from the late 1900's to present day,Egypt lost a lot of money.

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10 other answers

Why do we give Egypt so much aid? Since the late 1970s, U.S. policymakers have justified the aid as a way to stabilize the region and promote its interests.Here's CRS laying out the official line ...

Why US aid to Egypt is never under threat Despite concerns over recent secret arms deal with North Korea and human rights abuses, US aid to Egypt seen continuing. Egyptian businessmen ordered more ...

How the US Benefits From Foreign Aid to Egypt There are many ways that Egypt has benefited from aid from the U.S. For years, poverty in Egypt has been a serious issue, with over a quarter of the population living below the national poverty line.

Over the past two decades, U.S. Economic Support Fund (ESF) assistance to Egypt has been reduced by around 86.5%, from USD 833 million in FY 1998 to USD 112.5 million for FY 2019 . The steep decline results from previous years in which large sums of obligated money were not utilized. Meanwhile, the Trump Administration has yet to reverse or ...

Myth 3: If the United States does not provide Egypt with the full $1.3 billion, Egypt will turn to Russia and Egyptian-Israeli peace will be at risk. Egypt is seeking to play off the United States ...

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Why does the stimulus bill include money to other nations such as Israel, Sudan, Ukraine, and Egypt? I know many bills are filled with pork and I'm sure there is a legitimate reason why it was included in the bill.

Because the US doesn’t give foreign aid to be nice. It’s rude awakening time. Nearly all countries that give aid, attach fine print to it. This isn’t evil. This isn’t bad. Countries aren’t obligated to make friends the way you would. The rules

How much money does the US give to other countries? And who’s getting the most? And who’s getting the most? There is always a lag time for reporting accurate numbers, so for 2021, we’ll be using what was allocated and planned for 2020 (these numbers may differ with what was actually paid out last year).

With the Obama administration cutting off some U.S. aid to Egypt as the violence there continues, we've taken a step back to look at how much the U.S. gives Egypt and what those billions have bought.

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