Politics:

WHITE HOUSE PROPOSING REDUCTION OF AID TO DEVELOPING COUNTRIES

American Congress continues to discuss the draft law presented by the White House about the budgetary assignations for 2005. This document is important for us because it specifies the volume of aid provided to developing countries.

February 18, 2004
The draft law presented by the White House supposes reduction of the aid to almost all the newly independent countries. Taking into account the number of the population, among the CIS counties Armenia receives the biggest quantity per capita. While in absolute figures Georgia is leading. The lowest aid will be received by Azerbaijan - about $5 per capita. In total, the administration offers Armenia $62 million, Azerbaijan - $38 million and Georgia - $72 million. (These figures do not include military aid).
 
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