International economic relations (1 - 10 of 124 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...
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...
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...
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...
Afghanistan: U.S. Efforts to Vet Non-U.S. Vendors Need Improvement
GAO-11-355: Published: Jun 8, 2011. Publicly Released: Jun 8, 2011.
The Departments of Defense (DOD) and State (State) and the United States Agency for International Development (USAID) have collectively obligated billions of dollars for contracts and assistance to support U.S. efforts in Afghanistan. There are concerns that U.S. funds are being diverted to fund insurgent and criminal activity in Afghanistan. In light of these concerns, under the authority of the...
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...