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International economic relations (21 - 30 of 56 items)
Millennium Challenge Corporation: Analysis of Compact Development and Future Obligations and Current Disbursements of Compact Assistance
GAO-08-577R: Published: Apr 11, 2008. Publicly Released: Apr 11, 2008.
The Millennium Challenge Corporation (MCC), now in its fourth year of operations, provides aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people. MCC provides monetary assistance to eligible countries through multiyear compact agreements to fund specific programs targeted at reducing poverty and stimulating economic...
The Democratic Republic of the Congo: Major Challenges Impede Efforts to Achieve U.S. Policy Objectives; Systematic Assessment of Progress Is Needed
GAO-08-562T: Published: Mar 6, 2008. Publicly Released: Mar 6, 2008.
During the last decade, conflict in the Democratic Republic of the Congo (DRC)--one of the world's poorest countries--led directly or indirectly to the deaths of an estimated 5.4 million Congolese. A U.S.-supported peace process began in 2001, and the country's first democratically elected president in 40 years was inaugurated in 2006. However, conflict in the country has continued. In enacting th...
Somalia: Several Challenges Limit U.S. and International Stabilization, Humanitarian, and Development Efforts
GAO-08-351: Published: Feb 19, 2008. Publicly Released: Mar 4, 2008.
Somalia has lacked a functioning central government since 1991. In December 2006, the Ethiopian military intervened in Somalia to support Somalia's transitional government, opening what many considered a window of opportunity to rebuild the country and restore effective governance. The United States has been the largest bilateral donor to Somalia, providing roughly $362 million in assistance since...
The Democratic Republic of the Congo: Systematic Assessment Is Needed to Determine Agencies' Progress toward U.S. Policy Objectives
GAO-08-188: Published: Dec 14, 2007. Publicly Released: Dec 14, 2007.
In enacting the Democratic Republic of the Congo (DRC) Relief, Security, and Democracy Promotion Act of 2006 (the Act), Congress established 15 U.S. policy objectives to address the DRC's humanitarian, development, economic and natural resource, governance, and security issues and mandated that GAO review actions taken by U.S. agencies to achieve these objectives. In this report, GAO identifies (1...
Rebuilding Iraq: Status of Funding and Reconstruction Efforts
GAO-05-876: Published: Jul 28, 2005. Publicly Released: Jul 28, 2005.
Rebuilding Iraq is a U.S. national security and foreign policy priority and constitutes the largest U.S. assistance program since World War II. Billions of dollars in grants, loans, assets, and revenues from various sources have been made available or pledged to the reconstruction of Iraq. The United States, along with its coalition partners and various international organizations and donors, has...
Foreign Assistance: Observations on USAID's Commodity Import Program in Egypt
GAO-04-846T: Published: Jun 17, 2004. Publicly Released: Jun 17, 2004.
The Commodity Import Program (CIP), managed by the U.S. Agency for International Development (USAID), is intended to foster a competitive private sector in Egypt, in addition to assisting U.S. exporters. The program also supports the government of Egypt and USAID activities and expenses in Egypt. Since 1992, Congress has appropriated at least $200 million per year for the CIP. In 1998, the United...
Compact of Free Association: An Assessment of the Amended Compacts and Related Agreements
GAO-03-988T: Published: Jul 10, 2003. Publicly Released: Jul 10, 2003.
In 1986, the United States entered into a Compact of Free Association with the Pacific Island nations of the Federated States of Micronesia, or FSM, and the Republic of the Marshall Islands, or RMI. The Compact provided about $2.1 billion in U.S. funds, supplied by the Department of the Interior, over 17 years (1987-2003) to the FSM and the RMI. These funds were intended to advance economic develo...
Foreign Assistance: USAID's Earthquake Recovery Program in El Salvador Has Made Progress, but Key Activities Are Behind Schedule
GAO-03-656: Published: May 15, 2003. Publicly Released: May 15, 2003.
In early 2001, two major earthquakes struck El Salvador, causing more than 1,100 deaths and $1.7 billion in damage to property and infrastructure. GAO has been periodically monitoring the recovery program being implemented by the U.S. Agency for International Development (USAID), the lead U.S. agency. The House Appropriations Committee's Subcommittee on Foreign Operations, Export Financing, and Re...
GAO-03-792R: Published: May 15, 2003. Publicly Released: May 15, 2003.
Rebuilding Iraq is a U.S. national security priority. As part of this effort, Congress appropriated $79 billon in emergency supplemental funds for fiscal year 2003 for military operations and Iraq's reconstruction, including humanitarian relief, peacekeeping, and economic and political reform. We have issued reports on similar programs to rebuild countries in the former Yugoslavia, the former Sovi...
Benefits and Costs of the Debt Relief Enhancement Act of 2002
GAO-03-215R: Published: Oct 11, 2002. Publicly Released: Oct 11, 2002.
Despite years of effort to provide debt relief to the world's poorest countries, these countries' debt problems still have not been resolved. In response to this situation, Congress introduced Senate Bill 2210, the Debt Relief Enhancement Act of 2002, to reduce these countries' debt service payments to manageable levels. The act proposes that no qualified country pay more than 10 percent of its re...