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	<title>AlYunaniya &#187; Morsy</title>
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		<title>$450M in US aid to Egypt meets resistance</title>
		<link>https://www.alyunaniya.com/450m-in-us-aid-to-egypt-meets-resistance/</link>
		<comments>https://www.alyunaniya.com/450m-in-us-aid-to-egypt-meets-resistance/#comments</comments>
		<pubDate>Sat, 29 Sep 2012 07:33:00 +0000</pubDate>
		<dc:creator>AlYunaniya Staff</dc:creator>
				<category><![CDATA[Arab World]]></category>
		<category><![CDATA[Egypt]]></category>
		<category><![CDATA[Mohamed Morsi]]></category>
		<category><![CDATA[Morsy]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[US]]></category>

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		<description><![CDATA[Plans of the Obama administration to transfer to Egypt’s new government an emergency cash infusion of $450 million was immediately encountered with resistance Friday. ]]></description>
				<content:encoded><![CDATA[<p><a href="http://www.alyunaniya.com/mursi-takes-symbolic-oath-in-tahrir/morsi/" rel="attachment wp-att-5205"><img class="alignnone size-full wp-image-5205" title="morsi" src="http://www.alyunaniya.com/wp-content/uploads/2012/06/morsi-.jpg" alt="" width="493" height="298" /></a>The Obama administration notified Congress on Friday of its intention to transfer to Egypt’s new government an emergency cash infusion of $450 million, but the move immediately encountered resistance as the chairwoman of the House of committee that oversees foreign aid blocked the move calling for further review.</p>
<p>“This proposal comes to Congress at a point when the U.S.-Egypt relationship has never been under more scrutiny, and rightly so,” she said in a statement according to <em>AP.</em></p>
<p>The aid is part of $1 billion in assistance that the Obama administration has vowed to Egypt to help its economy and its transition to democracy following the overthrow last year of Hosni Mubarak.</p>
<p>The relationship between the United States and Egypt has been under tension since the overthrow of President Hosni Mubarak last year.</p>
<p>Furthermore, Egypt was among the countries of the Middle East swept by violent anti-American protests over an anti-Islam video made in California, and some US lawmakers have raised questions about the future of US aid to the region,mainly given sharp budget restraints in the US.</p>
<p>The United States provides Egypt with $1.55 billion annually $250 million in economic aid and $1.3 billion in military aid, according to <em>AP</em>. The US is also backing a $4.8 billion aid package Egypt is seeking with the IMF.</p>
<p>Earlier on Monday, Secretary of State Hillary Clinton assured Egypt&#8217;s new Islamist president Mohamed Morsy in New York that the United States would move ahead with plans to provide Egypt with economic and military assistance despite anti-American protests over the anit-Islamic film .</p>
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