Aid+&+Debt

AID > America believes this aid keeps Egypt in some way stable in the region > Has nothing to do with USAID DEBT Debt= the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. __"USAID__ - which operates the American foreign aid program in Egypt, has helped:
 * Military aid has been a constant sum of $1.3 Billion a year since 1979
 * USAID totals $28.84 Billion since 1979
 * **USAID BY THE NUMBERS** ||
 * ~  ||~ 1975-2006 ||~ 2006 Budget ||
 * Helping the economy || $14.4 billion || $344 million ||
 * Education || $911 million || $73 million ||
 * Health, family planning || $872 milion || $25 million ||
 * Infrastructure || $5.6 billion ||  ||
 * Democracy, governance || $1 billion || $48 million ||
 * Egyptian debt in 2008 was 84.7% of GDP
 * Year || Debt- External || Rank || Percent Change || Date of information ||
 * 2003 || $30.5 billion || 28 ||  || 2002 est. ||
 * 2004 || $30.34 billion || 33 || -0.52% || 2003 est. ||
 * 2005 || $33.75 billion || 33 || 11.24% || 2004 est. ||
 * 2006 || $35.26 billion || 47 || 4.47% || 2005 est. ||
 * 2007 || $ 29.59 billion || 55 || -16.08% || 30 June 2006 est. ||
 * 2008 || $ 29.2 billion || 61 || -1.32% || 30 June 2007 ||
 * 2008 || $ 29.2 billion || 61 || -1.32% || 30 June 2007 ||
 * reform and stimulate the economy
 * build and improve schools
 * provide medicine, supplies and training to clinics and hospitals
 * support democracy
 * help farmers grow better crops for domestic and European markets."

Egypt and the __WORLD BANK__
 * Egypt joined the WB in 1945
 * Country Assistance Strategy in Egypt started in 2005 and lasted for three years.

http://egypt.usaid.gov/Default.aspx http://www.cia.gov/library/publications/the-world-factbook/geo/eg.html