White House offers to twice reduce economic assistance to Armenia in
FY 2009
2008-02-08 13:34:00
ArmInfo. USA President George Bush introduced the country’s draft
budget for FY 2009 to US Congress, according to which it is envisaged
to twice reduce the economic assistance to Armenia to $24 mln.
As the Armenian Assembly of America (AAA) told ArmInfo, the figure
represents $34.5 million less than what Congress approved last year,
and $11 million less than the Administration’s request in FY 2008. The
Armenian Assembly of America expressed its opposition to the
Administration’s Fiscal Year (FY) 2009 Budget, considering the
Administration-proposed funds insufficient for Armenia. Moreover, as in
years past, the Budget proposal calls for asymmetrical military
assistance to Azerbaijan and Armenia. The Administration’s spending
plan recommends $3 million in Foreign Military Financing (FMF) to both
countries, but Azerbaijan is slated to receive $600,000 more than
Armenia ($300,000) in Military Education and Training (IMET)
assistance.
"Given Azerbaijan’s increased war rhetoric, I have strong concerns with
giving any military aid to Azerbaijan, and we definitely should not
give them more than we’re providing Armenia," stated Armenian Caucus
Co-Chair Joe Knollenberg.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. 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.
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