aid+and+debt

=Aid to Egypt=
 * Egypt receives foreign aid from many countries such as Canada, Japan, and many other first world countries
 * The U.S. supplies Egypt with the most Foreign aid and has the most programs in the country
 * U.S aid to Egypt totals $28 billion in 30 years
 * 1975 Egypt received aid for U.S
 * Egypt has made “enormous” progress
 * Income rose/standard of living improved
 * Largest amount of development aid given to any country in the world by U.S.
 * USAID has helped Egypt
 * Reform/stimulate economy
 * Build/improve schools
 * Provide medicine/supplies/training to clinics/hospitals
 * Support democracy
 * Help farmers grow crops for domestic/European markets
 * USAID has helped increased power needed to supply Egypt
 * Replaced giant electric turbines at Aswan Damn
 * Renovated old power plants
 * Extended power lines
 * Current USAID strategy
 * Focus on helping Egypt participate in global economy
 * Create jobs/train Egyptian for modern economy


 * //Money spent on Egypt// || //(2006 Budget)// ||
 * Helping the economy || 344 million ||
 * Education || 73 million ||
 * Health/family/planning || 25 million ||
 * Democracy/Governance || 46 million ||

=Debt of Egypt=
 * Egypt's foreign debts is $45 billion to $50 billion dollars
 * In 1990 Egypt was spending 7.1% of its GDP on paying off debt
 * By 2005 Egypt has been spending 2.8% of their GDP on paying off debt


 * ||~ Year ||~ Debt - external ||~ Rank ||~ Percent Change ||~ Date of Information ||
 * 2003 || $30,500,000,000 || 28 ||  || 2002 est. ||
 * 2004 || $30,340,000,000 || 33 || -0.52 % || 2003 est. ||
 * 2005 || $33,750,000,000 || 33 || 11.24 % || 2004 est. ||
 * 2006 || $35,260,000,000 || 47 || 4.47 % || 2005 est. ||
 * 2007 || $29,590,000,000 || 55 || -16.08 % || 30 June 2006 est. ||
 * 2008 || $29,200,000,000 || 61 || -1.32 % || 30 June 2007 ||

=Works Cited= http://www.indexmundi.com/egypt/debt_external.html [|www.usaid.gov/our_work/features/egypt] [|www.encyclopedia.com/doc/1G1-172727879.html] http://www.nytimes.com/1989/07/04/business/egypt-s-debt-prospect.html