FYI - I found the same figures mentioned in several other articles:
Foreign Aid
Bush Shift on Foreign Aid Strengthens U.S. Position at Summit
Paul Blustein
Washington Post, March 16, 2002, Page A20
On the Eve Of Latin Trip, Bush Ties Aid To Reforms
Elisabeth Bumiller
New York Times, March 20, 2002, Page A7
Losing Faith: Globalization Proves Disappointing
Joseph Kahn
New York Times, March 20, 2002, Page A6
These articles discuss the summit on global poverty in Monterrey, Mexico. The Post article asserts that President Bush is likely to be warmly received based on his decision to increase development aid by a total of $5 billion over the years 2004-2006.
The article refers to this as a 14 percent increase. It would be more appropriate to adjust for projected inflation, which would reduce the size of the proposed increase to 7 percent. Measured as a share of GDP, the increase is large enough to keep U.S. foreign aid approximately constant at 0.1 percent of GDP, about one-fourth the level of aid provided by European nations. |
