US SENATE APPROVED OF $75 MILLION IN AID TO ARMENIA IN 2006
Pan ARMENIAN Network, Armenia
July 21 2005
21.07.2005 02:59
/PanARMENIAN.Net/ The U.S. Senate Wednesday voted 98 to 1 to approve
the Fiscal Year (FY) 2006 Foreign Operations Appropriations Bill which
recommends $75 million in assistance to Armenia and an additional $3
million in humanitarian aid to Nagorno Karabakh. The overall assistance
will make $31.8 billion. The level of funding, equivalent to the amount
Armenia received in 2005, reflects a $20 million increase over the
Administration request to Congress made earlier this year. The vote
also allocated $5 million in Foreign Military Financing and $750,000
for International Military Education and Training to Armenia. It
should be noted that Armenia’s neighbors, Georgia and Azerbaijan,
are set to receive $70.5 million and $38 million respectively. The
next step in the legislative process is for the House and Senate to
reconcile the differences in a conference committee.