Bilateral Economic Assistance – Middle East and North Africa Incentive Fund (FY 2013 Request)
FY 2013: The U.S. State Department is requesting $770 million for its FY 2013 budget for a new program that provides positive financial incentives to Middle Eastern countries to pursue democratization (View a Reuters article about the program and here for the White House’s budget statement on it [pdf]).
On May 9, 2012, the House State-Foreign Operations Appropriations Subcommittee approved a budget that provides no funding whatsoever for the MENA Incentive Fund. It does, however, provide $200 million to “promote regional peace and security, political and economic reform, and stabilization efforts in the Middle East and North Africa.” On May 22, 2012, the Senate Appropriations Subcommittee on State, Foreign Operations, and Related Programs approved a budget that will provide $1.0 billion for the MENA Incentive Fund. It is unclear what the final (or “enrolled”) bill’s funding will look like when the joint House-Senate conference committee approves its final form in late 2012.
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