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AAA: White House Budget Continues Downward Trend in Aid to Armenia

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  • AAA: White House Budget Continues Downward Trend in Aid to Armenia

    PRESS RELEASE
    Date: February 3, 2015

    ARMENIAN ASSEMBLY OF AMERICA
    Contact: Taniel Koushakjian
    Telephone: (202) 393-3434
    Email: [email protected]
    Web: www.aaainc.org


    ADMINISTRATION SUBMITS FY 2016 BUDGET TO CONGRESS - CONTINUES DOWNWARD
    TREND IN AID, MAINTAINS MILITARY PARITY


    White House Budget Proposes $22.36 Million in Assistance to Armenia


    WASHINGTON, DC - Yesterday, President Barack Obama sent to Congress his
    annual budget recommendations for Fiscal Year 2016 (FY16), which continued
    the downward trend in funding to the South Caucasus region. Specifically,
    the White House budget includes $18.36 million in economic support funds
    for Armenia, the lowest level proposed by the Administration to date. The
    Administration maintains military parity between Armenia and Azerbaijan, at
    $1.7 million for Foreign Military Financing (FMF) and $600,000 for
    International Military Education and Training (IMET). In addition, the
    Administration proposed $1.7 million in international narcotics control and
    law enforcement, which is the same as last year.

    `Given the proposed decrease, the Assembly will be working with Members of
    Congress to ensure that robust U.S. assistance to Armenia and Artsakh is
    achieved, and that Armenian American concerns regarding Azerbaijan's
    constant cease-fire violations, bellicose rhetoric and the over 20-year
    blockade of Armenia are addressed,' stated Assembly Executive Director
    Bryan Ardouny. Additionally, the Assembly will continue to urge Congress to
    strengthen Section 907 of the Freedom Support Act and to cease all military
    assistance to Azerbaijan.

    In total, the President's FY16 request equals $22.36 million, a reduction
    of $2.34 million from last year's request.

    Established in 1972, the Armenian Assembly of America is the largest
    Washington-based nationwide organization promoting public understanding and
    awareness of Armenian issues. The Assembly is a non-partisan, 501(c)(3)
    tax-exempt membership organization.

    ###

    NR: # 2015-006
    Available online at: http://bit.ly/1CtXR4P

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