VOL. XXXVIII
NO. 20
13-FEBRUARY-1995
Financial andBanking News
Public Finance
US Administration To Maintain Financial Support For Peace Process
Despite pressure from lawmakers to reduce spending on foreign affairs, theClinton administration's proposed budget for FY1996 (which starts on 1 October1995) aims to maintain the level of support for Egypt and Israel at presentlevels and increase aid to Jordan. Nearly 25% of the proposed foreign affairsbudget is allocated to the Middle East peace process....
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