Economic development (1 - 10 of 104 items)
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...
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....
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...
Foreign Assistance: The United States Provides Wide-ranging Trade Capacity Building Assistance, but Better Reporting and Evaluation Are Needed
GAO-11-727: Published: Jul 29, 2011. Publicly Released: Jul 29, 2011.
From 2005 to 2010, 24 U.S. agencies provided more than $9 billion in trade capacity building (TCB) assistance to help more than 100 countries reduce poverty, increase economic growth, and achieve stability through trade. To report on TCB funding, the U.S. government conducts an annual survey of agencies and publicly reports the data in a TCB database administered by the U.S. Agency for Internation...
Compact of Free Association: Proposed U.S. Assistance to Palau and Its Likely Impact
GAO-11-559T: Published: Jun 16, 2011. Publicly Released: Jun 16, 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 from 2010 through 2044; co...
Foreign Operations: Key Issues for Congressional Oversight
GAO-11-419T: Published: Mar 3, 2011. Publicly Released: Mar 3, 2011.
The Department of State (State) and the U.S. Agency for International Development (USAID) implement a broad range of U.S. government activities and programs overseas, including the conduct of diplomacy, development and security assistance, and efforts to combat terrorism and narcotics trafficking, among others. The President has requested approximately $55.7 billion for State and USAID in fiscal y...
Afghanistan Development: USAID Continues to Face Challenges in Managing and Overseeing U.S. Development Assistance Programs
GAO-10-932T: Published: Jul 15, 2010. Publicly Released: Jul 15, 2010.
This testimony discusses oversight of U.S. assistance programs in Afghanistan. Strengthening the Afghan economy through development assistance efforts is critical to the counterinsurgency strategy and a key part of the U.S Integrated Civilian-Military Campaign Plan for Afghanistan. Since fiscal year 2002, the U.S. Agency for International Development (USAID) has awarded over $11.5 billion in suppo...
Millennium Challenge Corporation: Summary Fact Sheets for 17 Compacts
GAO-10-797R: Published: Jul 14, 2010. Publicly Released: Jul 14, 2010.
The Millennium Challenge Corporation (MCC), now in its seventh year of operations, is to provide aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people. MCC provides assistance to eligible countries through multiyear compact agreements to fund specific programs targeted at reducing poverty and stimulating economic gro...
Afghanistan Development: Enhancements to Performance Management and Evaluation Efforts Could Improve USAID's Agricultural Programs
GAO-10-368: Published: Jul 14, 2010. Publicly Released: Jul 14, 2010.
Eighty percent of Afghans are dependent on agriculture for their livelihoods. Agricultural assistance is a key U.S. contribution to Afghanistan's reconstruction efforts. Since 2002, the U.S. Agency for International Development (USAID) has awarded about $1.4 billion for agricultural programs to increase agricultural productivity, accelerate economic growth, and eliminate illicit drug cultivation....