Fiscal Year 2008 Foreign Assistance Budget Request
Investing in Global Stability and Prosperity
A basic premise of the President's FY08 Foreign Operations Budget is that the security of the American people depends on global stability and prosperity. Built under the umbrella of the Director for U.S. Foreign Assistance, this budget makes efficient, effective and strategic use of the American taxpayers' money toward that end. It is:
Integrated-built collaboratively across the Department of State and the U.S. Agency for International Development, taking into account anticipated disbursements from the Millennium Challenge Corporation.
Focused on maximizing country progress- aimed at addressing specific, critical gaps to help countries move from a relationship defined by dependence to one defined by partnership.
Focused on states crucial to long-term stability and prosperity-those farthest from and those showing the most promise for full integration into the international system.
Focused on levers for progress-seeks to eliminate barriers to country progress by investing in interventions most essential to helping countries advance.
Highlights include:
- Africa-with this year's requested 54% increase, aid to Africa will have nearly quadrupled under this Administration, from $1.1 billion to $4.4 billion, focused on addressing the crippling effects of disease and poverty.
- Near East-a 6% increase for vital investments in winning the Global War on Terror and empowering the people of this key region.
- Western Hemisphere-with this request, aid to the region has doubled under this Administration, from $862 million to $1.6 billion, and is focused on continued economic growth and strengthening democratic institutions.
- Peace and Security-$6.88 billion for counterterrorism and counter-narcotics activities and programs to secure necessary conditions for further political, economic, and social progress.
- Governing Justly and Democratically-$1.45 billion to promote effective, accountable, democratic governance, a vital foundation for sustainable progress.
- Investing in People-$6.95 billion to support human capacity development and address poverty and disease, including, $4.5 billion to meet the treatment and prevention goals of the President's Emergency Plan for AIDS Relief, $388 million for the President's Malaria Initiative, and $535 million to support equitable access and improved quality of basic education around the world-the largest request ever by this Administration.
- Economic Growth-$2.37 billion to support economic progress and poverty reduction as critical underpinnings of sustainable development.
- Humanitarian Assistance-$2.12 billion to maintain the United States' long-standing commitment to alleviate human suffering and respond to destabilizing humanitarian disasters.
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