Presidential
Statement
Economic Assistance for Egypt
January 3, 2002
The White House is pleased to announce that the United States is accelerating
the disbursement of economic assistance funds to Egypt, in line with the Presidents
commitment to help our important ally weather current global economic difficulties
and the post-September 11 shock to the Egyptian economy. This accelerated assistance
-- valued at $959 million -- to a key partner in the campaign against terrorism
and the pursuit of Middle East peace will support Egypts implementation of its
economic reform program.