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United States foreign aid. United States foreign aid, also known as US foreign assistance consists of a variety of tangible and intangible forms of assistance the United States gives to other countries. Foreign aid is used to support American national security and commercial interests and can also be distributed for humanitarian reasons. [3]
The European Union accumulated a higher portion of GDP as a form of foreign aid than any other economic union. [2] The United States is a small contributor relative to GNI (0.18% 2016 [3]) but is the largest single DAC donor of ODA in 2019 (US$34.6 billion), followed by Germany (0.6% GNI, US$23.8 billion), the United Kingdom (0.7%, US$19.4 ...
The United States Agency for International Development (USAID) is an independent agency of the United States government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $50 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half ...
The DR Congo was the second highest recipient of international aid in 2011, receiving US $5.532 billion. [1] This is a list of countries based on the official development assistance (ODA) they have received for the given year. More comprehensive and current lists are available from the OECD (Table DAC2a) and the World Bank (Net official ...
An Act to promote the foreign policy, security, and general welfare of the United States by assisting peoples of the world in their efforts toward economic and social development and internal and external security, and for other purposes. The Foreign Assistance Act (Pub. L. 87–195, 75 Stat. 424-2, enacted September 4, 1961, 22 U.S.C. § 2151 ...
Foreign Military Financing (FMF) provides grants for the acquisition of U.S. defense equipment, services, and training. These grants enable friends and allies to improve their defense capabilities. [2][3][4][5] FMF is allowed under the Arms Export Control Act (AECA), which as amended [22 U.S.C. 2751, et. seq.], authorizes the President to ...
A map of official development assistance (ODA) distribution in 2005. ODA is a system to measure the size of aid. In international relations, aid (also known as international aid, overseas aid, foreign aid, economic aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another.
Official development assistance. Official development assistance (ODA) is a category used by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to measure foreign aid. The DAC first adopted the concept in 1969.