Funds management (11 - 20 of 66 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...
Compact of Free Association: Implementation Activities Have Progressed, but the Marshall Islands Faces Challenges to Achieving Long-Term Compact Goals
GAO-07-1258T: Published: Sep 25, 2007. Publicly Released: Sep 25, 2007.
In 2003, the U.S. government extended its economic assistance to the Republic of the Marshall Islands (RMI) through an Amended Compact of Free Association. From 2004 to 2023, the United States will provide an estimated $1.5 billion to the RMI, with annually decreasing grants as well as increasing contributions to a trust fund. The assistance, targeting six sectors, is aimed at assisting the countr...
Compacts of Free Association: Trust Funds for Micronesia and the Marshall Islands May Not Provide Sustainable Income
GAO-07-513: Published: Jun 15, 2007. Publicly Released: Jun 15, 2007.
In 2003, the U.S. government extended its economic assistance to the Federated States of Micronesia (FSM) and Republic of the Marshall Islands (RMI) through Amended Compacts of Free Association. From 2004 to 2023, the United States will provide an estimated combined total of $3.6 billion, with annually decreasing grants as well as annually increasing contributions to trust funds for each country....
Foreign Assistance: U.S. Assistance to the West Bank and Gaza for Fiscal Years 2005 and 2006
GAO-07-443R: Published: Mar 5, 2007. Publicly Released: Mar 5, 2007.
For decades, the United States has worked toward the resolution of the Israeli-Palestinian conflict, most recently under the 2003 Roadmap for Peace, which calls for an independent Palestinian state coexisting peacefully with the State of Israel. Since fiscal year 1993, the United States has provided more than $2.2 billion in assistance to the West Bank and Gaza to support the Middle East peace pro...
Foreign Assistance: USAID Has Begun Tsunami Reconstruction in Indonesia and Sri Lanka, but Key Projects May Exceed Initial Cost and Schedule Estimates
GAO-06-488: Published: Apr 14, 2006. Publicly Released: Apr 14, 2006.
In December 2004, an earthquake off the coast of Indonesia caused a tsunami that left more than 230,000 people killed or missing and presumed dead and an estimated $10 billion in damage in 12 countries. In May 2005, Congress appropriated $908 million for relief and reconstruction. U.S. emergency relief efforts budgeted at $327 million were nearly completed in December 2005. The U.S. Agency for Int...
Rebuilding Iraq: Enhancing Security, Measuring Program Results, and Maintaining Infrastructure Are Necessary to Make Significant and Sustainable Progress
GAO-06-179T: Published: Oct 18, 2005. Publicly Released: Oct 18, 2005.
The United States, along with coalition partners and various international organizations, has undertaken a challenging and costly effort to stabilize and rebuild Iraq following multiple wars and decades of neglect by the former regime. This enormous effort is taking place in an unstable security environment, concurrent with Iraqi efforts to complete a constitutional framework for establishing a pe...
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...
Compacts of Free Association: Implementation of New Funding and Accountability Requirements Is Well Under Way, but Planning Challenges Remain
GAO-05-633: Published: Jul 11, 2005. Publicly Released: Jul 11, 2005.
From 1987 to 2003, the United States provided economic aid to the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) through a Compact of Free Association. A previous GAO report found little accountability for the assistance provided by the U.S. Department of the Interior under this compact. In 2004, amended compacts with the FSM and RMI went into effect and will p...
Foreign Assistance: U.S. Russia Fund Is Following Its Investment Selection Process and Criteria
GAO-01-2: Published: Oct 2, 2000. Publicly Released: Nov 1, 2000.
This report summarizes GAO's findings on the United States Russia Fund and its investment selection process and criteria. The United States established enterprise funds to support private sector development in Central and Eastern Europe and the former Soviet Union as they move from centrally planned to market-oriented economies. Enterprise funds are private, nonprofit U.S. corporations that are su...
Foreign Assistance: Issues Concerning the Polish-American Enterprise Fund
OGC-99-61R: Published: Sep 14, 1999. Publicly Released: Oct 14, 1999.
Pursuant to a congressional request, GAO reviewed the structural changes undergone by the Polish-American Enterprise Fund and its management company to enable them to operate more like private venture capital companies, focusing on: (1) whether these structural changes were permitted by law; (2) whether the purchase of the Polish Fund's management company by its employees at book value was permitt...