Azeri Press Agency, Azerbaijan
Jan 2 2008
US President approves the bill to cut assistance to Armenia by $17.5
million
[ 02 Jan 2008 23:06 ]
US President has signed the 2008 fiscal year aid bill which is to
provide $17.5 million less to Armenia compared to 2007, APA Bureau
reports.
The bill, signed by President Bush, is an unchanged version of the
budget expenditures item passed by the both houses a day earlier.
The 2008 overall package, known as the omnibus bill, envisions
providing $58.5 million in economic assistance to Armenia within the
Freedom Support Act.
The omnibus aid bill includes $19 million for Azerbaijan.
Also, the United States will render $3 million in foreign military
financing (FMF) assistance to Armenia and Azerbaijan in equality.
The 2008 budget items infuriated the US-based Armenian organizations.
/APA/
Disclaimer: This article was contributed and translated into English by Badalian Vardan. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2008/01/03/baku-bush-approves-the-bill-to-cut-assistance-to-roa-by-17-5-mil/