Printer-Friendly Version   Email This Page

The U.S. is the world's largest donor of official development assistance (ODA). Over the next five years, the U.S. proposes to increase ODA to $21.7 billion, a 75 percent increase since President Bush took office.

• The President's $15 billion Emergency Plan for AIDS Relief will add an average of $3 billion per year over five years to fight the pandemic in Africa and the Caribbean.
• The President's new Millennium Challenge Account Initiative will add $1.3 billion in 2004, ramping up to $5.0 billion by 2006, and continuing at this level thereafter, to reward developing countries that rule justly, foster economic freedom, and invest in their people.
• For 2004, the President has proposed a Famine Fund of $200 million, along with a U.S. Emergency Fund for Complex Foreign Crises of $100 million, to ensure that the U.S. can provide an immediate and flexible response to major famine crises.
• The Water for the Poor Initiative will provide $970 million over the next three years to increase access to clean water for 50 million people in the developing world.

Printer-Friendly Version   Email This Page