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BAKU: US President Approves Bill To Cut Assistance To Armenia By $17

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  • BAKU: US President Approves Bill To Cut Assistance To Armenia By $17

    US PRESIDENT APPROVES BILL TO CUT ASSISTANCE TO ARMENIA BY $17.5 MILLION

    Today
    http://www.today.az/news/politics/4 2149.html
    Jan 7 2008
    Azerbaijan

    US President has signed the 2008 fiscal year aid bill which is to
    provide $17.5 million less to Armenia as compared to 2007.

    The bill, signed by President Bush, is an unchanged version of the
    budget expenditures item passed by the both houses a day earlier.

    The 2008 overall package, known as the omnibus bill, envisions
    providing $58.5 million in economic assistance to Armenia within the
    Freedom Support Act.

    The omnibus aid bill includes $19 million for Azerbaijan.

    The United States will also render $3 million in foreign military
    financing (FMF) assistance to Armenia and Azerbaijan in equality.

    The 2008 budget items infuriated the US-based Armenian organizations.
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