Federal aid to foreign countries (31 - 40 of 87 items)
Foreign Assistance: U.S. Anticorruption Programs in Sub-Saharan Africa Will Require Time and Commitment
GAO-04-506: Published: Apr 26, 2004. Publicly Released: May 17, 2004.
In October 2000, Congress passed the International Anticorruption and Good Governance Act (P.L. 106-309). The purpose of this legislation is to promote good governance by helping other countries combat corruption and improve government transparency and accountability. U.S. agencies spent about $33 million per year in fiscal years 2001-2002 providing anticorruption assistance to 22 sub-Saharan Afri...
Export Promotion: Export-Import Bank and Treasury Differ in Their Approaches to Using Tied Aid
GAO-02-741: Published: Jun 28, 2002. Publicly Released: Jun 28, 2002.
The Export-Import Bank (Ex-Im Bank) uses tied air to support U.S. exporters facing foreign competitors. Tied aid is government-to-government concessional financing of public sector capital projects in developing countries that is linked to the procurement of goods and services from the donor country. Through the Tied Aid Capital projects fund, Ex-Im Bank may provide financing to support the negoti...
Food Aid: Experience of U.S. Programs Suggests Opportunities for Improvement
GAO-02-801T: Published: Jun 4, 2002. Publicly Released: Jun 4, 2002.
The United States spent $50 billion (2002 dollars) on food aid between 1979 and 2003. Notwithstanding these sizable donations and donations by other countries, the need for food aid in the developing world far exceeds available supply. U.S. food aid is provided through six programs administered by the Department of Agriculture and the U.S. Agency for International Development (USAID). These progra...
Foreign Assistance: USAID Relies Heavily on Nongovernmental Organizations, but Better Data Needed to Evaluate Approaches
GAO-02-471: Published: Apr 25, 2002. Publicly Released: May 10, 2002.
U.S. officials are interested in transferring some government social welfare functions to nongovernmental organizations (NGOs). One area is in the delivery of foreign assistance to developing countries and countries transitioning from communism to market-oriented democracy. Many NGOs active in international development have years of experience working overseas and have received millions of dollars...
Developing Countries: Switching Some Multilateral Loans to Grants Lessens Poor Country Debt Burdens
GAO-02-593: Published: Apr 19, 2002. Publicly Released: Apr 19, 2002.
Last year the United States proposed that the World Bank and other development banks distribute more grants to the world's poorest countries to help ease their long-term debt burdens. The United States recommended that grants replace up to half of all future lending. The proposal has been controversial because of its potential impact on the resources available to poor countries. The World Bank est...
Regional Multilateral Development Banks: External Audit Reporting Could Be Expanded
GAO-02-27: Published: Dec 14, 2001. Publicly Released: Dec 14, 2001.
Multilateral Development Banks (MDBs) provide financial support to promote social and economic progress in developing countries and the countries of central and eastern Europe and the former Soviet Union. Under the Foreign Operations, Export Financing, and Related Programs Appropriations Act of 2001, the United States is providing $1.3 billion to support the MDBs, with $460 million going to the re...
Developing Countries: Challenges Confronting Debt Relief and IMF Lending to Poor Countries
GAO-01-745T: Published: May 15, 2001. Publicly Released: May 15, 2001.
The Heavily Indebted Poor Countries (HIPC) Initiative and the International Monetary Fund's concessional (below-market terms) lending facility--the Poverty Reduction and Growth Facility--are two multilateral programs intended to help spur economic growth and reduce poverty in low-income countries, most notably countries in sub-Saharan Africa. The HIPC Initiative represents a step forward in the in...
International Monetary Fund: Few Changes Evident in Design of New Lending Program for Poor Countries
GAO-01-581: Published: May 8, 2001. Publicly Released: May 8, 2001.
The effectiveness and appropriateness of the International Monetary Fund's lending programs to poor countries have been widely debated, generally centering on whether the program has improved these countries' economies. In response to some of these concerns and as part of a concerted international effort to reduce poverty, the Fund expanded the goals of its lending program to its poorest members i...
Foreign Assistance: Any Further Aid to Haitian Justice System Should Be Linked to Performance-Related Conditions
GAO-01-24: Published: Oct 17, 2000. Publicly Released: Oct 17, 2000.
In 1994, the United States and other countries intervened militarily in Haiti to restore the democratically elected government that had been overthrown by the Haitian military several years earlier. During the last 6 years, the United States provided assistance to help Haiti establish its first civilian-controlled police and improve its judicial system. About $70 million in U.S. assistance helped...
Overseas Investment: The Overseas Private Investment Corporation's Investment Funds Program
NSIAD-00-159BR: Published: May 9, 2000. Publicly Released: May 9, 2000.
Pursuant to a legislative requirement, GAO reviewed the Overseas Private Investment Corporation's (OPIC) progress in improving the management of its investment funds program, focusing on: (1) how OPIC identifies and approves investment fund concepts and selects fund managers; (2) the funds' performance to date; and (3) the risk levels assigned to the funds.GAO noted that: (1) OPIC has identified a...