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Thursday, 29 October 2020

US to release $1.2 billion in military aid to Egypt

AP , Saturday 8 Sep 2018
US Secretary of State Pompeo
File Photo: US Secretary of State Mike Pompeo (Photo: Reuters)
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US Secretary of State Mike Pompeo has authorized the release of $1.2 billion in U.S. military assistance to Egypt.

On Friday, the State Department said it is notifying Congress that Pompeo has signed national security waivers allowing the money known as foreign military financing, or FMF, to be spent.

Congress has 15 days to weigh in on the waivers, which were signed on 21 August.

The money includes $1 billion for the current 2018 budget year and $195 million appropriated for 2017 that would have had to have been returned to the Treasury had it not been spent by 30 September September.

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