Foreign economic assistance (1 - 10 of 345 items)
Foreign Aid: U.S. Assistance for the West Bank and Gaza for Fiscal Years 2012-2014
GAO-15-823: Published: Sep 22, 2015. Publicly Released: Sep 22, 2015.
As of June 30, 2015, the U.S. Agency for International Development (USAID) had allocated about $1.1 billion of Economic Support Fund (ESF) assistance for the West Bank and Gaza for fiscal years 2012 through 2014, had obligated about $1 billion (94 percent), and had expended about $874 million (77 percent). Project assistance in five development sectors—for example, the water resources and infras...
Haiti Reconstruction: USAID Has Achieved Mixed Results and Should Enhance Sustainability Planning
GAO-15-517: Published: Jun 3, 2015. Publicly Released: Jun 3, 2015.
As of September 30, 2014, the U.S. Agency for International Development (USAID) had allocated $1.7 billion to the Haiti reconstruction effort, directing more than half of this funding to the health and food security sectors. USAID had obligated two-thirds and disbursed more than half of all allocated funding.USAID Funding for Haiti Earthquake Reconstruction as of September 30, 2014 Note: GAO defin...
Foreign Assistance: U.S. Programs Involving the Palestine Investment Fund
GAO-13-537: Published: Jul 25, 2013. Publicly Released: Aug 26, 2013.
U.S. agencies and implementing partners participate in various programs with the Palestine Investment Fund (PIF) or PIF-owned entities that include home mortgage financing, loan guarantees, and educational initiatives. First, the Overseas Private Investment Corporation (OPIC) along with PIF and other entities have committed to lend $485 million to the Affordable Mortgage and Loan Company (AMAL) to...
U.S. Assistance to Yemen: Actions Needed to Improve Oversight of Emergency Food Aid and Assess Security Assistance
GAO-13-310: Published: Mar 20, 2013. Publicly Released: Mar 20, 2013.
Progress toward U.S. strategic goals for Yemen has been mixed. The Departments of State (State) and Defense (DOD) and the U.S. Agency for International Development (USAID) have conducted numerous civilian and security assistance activities in support of these strategic goals. Although some progress has been made since the civil unrest in 2011, obstacles remain to achieving each goal. For example,...
Sub-Saharan Africa: Trends in U.S. and Chinese Economic Engagement
GAO-13-199: Published: Feb 7, 2013. Publicly Released: Feb 7, 2013.
View Chinese version of Highlights (PDF, 1 page).What GAO FoundThe United States and China have emphasized different policies and approaches for their engagement with sub-Saharan Africa. U.S. goals have included strengthening democratic institutions, supporting human rights, using development assistance to improve health and education, and helping sub-Saharan African countries build global trade....
Millennium Challenge Corporation: Results of Transportation Infrastructure Projects in Seven Countries
GAO-12-631: Published: Sep 12, 2012. Publicly Released: Sep 12, 2012.
The Millennium Challenge Corporation (MCC)--a U.S. government corporation-- recognizes the importance of a disciplined, transparent, and accountable approach to tracking compact results. However, it reduced the scopes of its early transportation infrastructure projects and reports mixed success in meeting key performance targets. In addition, problems with data quality call into question the relia...
Compact of Free Association: Proposed U.S. Assistance to Palau through Fiscal Year 2024
GAO-12-798T: Published: Sep 10, 2012. Publicly Released: Sep 10, 2012.
The Agreement would provide decreasing assistance, totaling approximately $215 million through fiscal year 2024 and includes the following:direct economic assistance ($107.5 million) for Palau government operations;infrastructure project grants ($40 million) to build mutually agreed projects;infrastructure maintenance fund ($28 million) for maintaining the Compact Road, Palaus primary airpor...
Compact of Free Association: Proposed U.S. Assistance to Palau for Fiscal Years 2011- 2024
GAO-12-249T: Published: Nov 30, 2011. Publicly Released: Nov 30, 2011.
The Compact of Free Association between the United States and the Republic of Palau, which entered into force in 1994, provided for several types of assistance aimed at promoting Palau's self-sufficiency and economic advancement. Included were 15 years of direct assistance to the Palau government; contributions to a trust fund meant to provide Palau $15 million each year in fiscal years 2010 throu...
Earned Import Allowance Program for Haiti
GAO-12-204R: Published: Nov 30, 2011. Publicly Released: Nov 30, 2011.
The United States has historically provided assistance to support development in Haiti. Over the last several years, Congress has attempted to promote Haiti's economic development through the use of trade preferences for Haitian products. In 2000, Congress extended preferences under the Caribbean Basin Economic Recovery Act to allow for duty-free treatment of apparel through the Caribbean Basin Tr...
Low-Income Countries: International Financial Institutions Met Many Goals in Response to Financial, Food, and Fuel Crises, but Impact on Spending Difficult to Establish
GAO-11-832: Published: Sep 28, 2011. Publicly Released: Oct 26, 2011.
The 40 poorest countries in the world, known as low-income countries (LICs), have been negatively impacted by successive food, fuel, and financial crises since 2007. In response, international financial institutions (IFI), including the World Bank and International Monetary Fund (IMF), have taken actions to increase financial assistance for affected countries. Between 2008 and 2010, Congress appro...