Last Update 21:13
Friday, 21 June 2019

US to release additional funds to Egypt upon congressional approval

State Department says next step in relaxing partial suspension of aid to Egypt is releasing $650 million in financing for limited security purposes

Ayat Al-Tawy, Thursday 24 Apr 2014
State Department spokesperson Jen Psaki  (Photo: Reuters)
US State Department spokesperson Jen Psaki (Photo: Reuters)
Share/Bookmark
Views: 2152
Share/Bookmark
Views: 2152

Washington said on Wednesday it would move forward with releasing $650 million in funding for Egypt, continuing to ease a partial aid suspension following the overthrow of president Mohamed Morsi last year and a violent crackdown on his supporters.

The decision comes a day after the US said it would deliver ten Apache attack helicopters to Egypt to help the government in counter-terrorism operations in the border Sinai Peninsula, where the army is fighting a growing Islamist insurgency.

State Department spokesperson Jen Psaki said unlocking the $650 million in financing for the fiscal year 2014 was the next step to "support these critical security efforts and continue to fund contracts for other goods and services."

The measure hinges on two congressional notifications that Egypt is sustaining the strategic relationship with the US and maintaining its obligations under the Egypt-Israel peace treaty, the spokesperson told a regular press briefing.

Psaki said the US administration would work on the congressional notification and approval "soon."

Egypt has been among the largest beneficiaries of US military and economic aid for decades pursuant to a 1979 peace treaty with Washington's close ally Israel.

In October of last year, Washington withheld from the Egyptian government deliveries of tanks, fighter aircraft, helicopters and missiles, as well as $260 million in cash aid, pending progress in democracy and human rights.

The release of the funds is merely for "limited purposes" that include counterterrorism, border security, and nonproliferation, Psaki elaborated.

She said Washington, nevertheless, could release additional money, likely not cash, under these certifications.

"The 650 [million] is not the maximum that we’d be able to give under these certifications."

Separate congressional certifications will still be needed to unlock the frozen $1.5 billion in aid which will remain on hold until the US certifies that Egypt is progressing towards democratic governance.

Some "core steps" include "conducting free, fair, and transparent elections, easing restrictions on freedom of expression, assembly, and media," Psaki said.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
2



Hesham Tawfik
24-04-2014 04:00pm
3539-
12279+
one step BACKWARD
One step backward, Kerry 's last month speech about DEMOCRACEY was big lie.Association and alliances with dictators does not help American interests on the long run
Email
 
Name
 
Comment's Title
 
Comment
1



Farhan
24-04-2014 11:39am
4271-
13396+
America has always been behind most of the corruption in middle east
This is also no exception.
Email
 
Name
 
Comment's Title
 
Comment
David
26-04-2014 09:14pm
0-
4+
Time for sanctions?
The only terrorist organization supported by the U.S. in Egypt is the Egyptian army.
Farhan
26-04-2014 04:14am
0-
0+
There are buyers that's why people sell
So buyers are also as much guilty in this case as seller.
Sam Enslow
25-04-2014 12:34pm
0-
9+
Oh?
You cannot buy those who are not for sale. But then, Egyptian leaders are never respnsible for what happens in Egypt.
Ruth
24-04-2014 03:33pm
420-
2019+
US Foriegn Policy
The US slogns & values for Human rights,Democracy,Freedom of speech,expression religion etc is only for their internal audiance or citizen.For the rest of the world they only care for their own interests.As long as a ruler is good for US interests regardless he/she is a dictator,tyrant,democratically elected or monarch.US slogans for human rights and democracy are just empty slogan but in reality they only with there interests.That's the reason US govts are always compfortable with dictators not with democractically elected rulers.
dave
24-04-2014 02:49pm
1-
9+
yeh
I think you will see it was Egypt that went cap in hand looking for money
More
observer
24-04-2014 02:37pm
1-
4+
Not true
The corruption comes from WITHIN! Others just take advantage of it.
Latest

© 2010 Ahram Online.