United States Commits to Over $100 Million in Bilateral Assistance for Egypt

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Mission Director Sherry F. Carlin and Minister of Investment and International Cooperation Saher Nasr signing the $100 million bilateral assistance agreement
Mission Director Sherry F. Carlin and Minister of Investment and International Cooperation Saher Nasr signing the $100 million bilateral assistance agreement
USAID/Egypt - Julie Fossler

For Immediate Release

Wednesday, September 27, 2017
USAID/Egypt
cairomedia@usaid.gov

CAIRO – Egypt and the United States signed new bilateral assistance agreements and amendments this week worth over $100 million that support the Government of Egypt’s economic reforms, Sustainable Development Plan 2030, and private sector led growth and job creation.  These agreements demonstrate ongoing support from the American people for joint U.S.-Egypt priorities in water, health, education, agriculture, and trade.

“These agreements reflect our strong and enduring partnership and the impact that our joint efforts have on the people of Egypt,” said U.S. Agency for International Development (USAID) Mission Director to Egypt Sherry F. Carlin.  “Together with the Ministry of Investment and International Cooperation, we are strengthening the cornerstones of stability and prosperity in Egypt.”

For nearly four decades, the American people have partnered with the people of Egypt to bolster self-reliance, foster stability, promote economic growth, and reduce poverty.  USAID’s program in Egypt, totaling nearly $30 billion since 1978, promotes a healthy, educated, and employed population.

To find out more about USAID’s work in Egypt, please see https://www.usaid.gov/egypt, and follow along on Facebook and Twitter at @USAIDEgypt.

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