Today.Az » Politics » US President approves bill to cut assistance to Armenia by $17.5 million
07 January 2008 [10:22] - Today.Az
US President has signed the 2008 fiscal year aid bill which is to provide $17.5 million less to Armenia as compared to 2007.
The bill, signed by President Bush, is an unchanged version of the budget expenditures item passed by the both houses a day earlier.
The 2008 overall package, known as the omnibus bill, envisions providing $58.5 million in economic assistance to Armenia within the Freedom Support Act.
The omnibus aid bill includes $19 million for Azerbaijan.
The United States will also render $3 million in foreign military financing (FMF) assistance to Armenia and Azerbaijan in equality.
The 2008 budget items infuriated the US-based Armenian organizations.
/APA/
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