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Friday, 26 September 2003

U.S. ANNOUNCES CUT IN AID TO GEORGIA

Published in News Digest

By empty (9/26/2003 issue of the CACI Analyst)

Meeting with Georgian President Eduard Shevardnadze on 24 September, U.S. State Department official Thomas Adams said Washington will reduce aid to Georgia in 2004 from this year\'s level of $100 million, Georgia.
Meeting with Georgian President Eduard Shevardnadze on 24 September, U.S. State Department official Thomas Adams said Washington will reduce aid to Georgia in 2004 from this year\'s level of $100 million, Georgia. Adams pointed out that of the 27 countries to which the U.S. State Department provides aid, Georgia has the lowest level of development. In addition, Georgia is plagued by endemic corruption, and economic reforms are not being implemented. Washington will not provide further aid to the energy or financial sectors. The precise volume of aid for 2004 will be announced early next year. (RFE/RL)
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