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In the past three years; however, foreign military financing has been relatively consistent, with $5.7 and $5.9 billion distributed in 2013 and 2014, respectively, and $5.6 billion requested in 2015. C10.1.5.1. Please feel free to leave your comments below! According to US Treasury Department data, the amount of outstanding Department of Defense loans has dropped from roughly $7.5 billion 20 years ago to around $350 million currently (not counting the $2.7 b… The Israel, Iraq, Jordan and Pakistan allocated above average spending towards their military in 2014. We would like to hear your feedback. A few countries have received exceptions to use FMF funds for Direct Commercial Sales. seq. We will email you when we're ready, just drop your address in the box. Politics 2020 Election Facts First Election 101 Are you sure you want to send the dataset for verification? FMF funds purchases made through the Foreign … The Indian Armed Forces, including Special Forces of India, operate several bases and stations: Tajikistan – Farkhor Air Base is an Air Force base operated by the Indian Air Force and Tajik Air Force.It is located near Farkhor town, 130 km from Dushanbe.With this base India became the 4th country after the US, Russia and Germany to have a military base in Central Asia. (ii) The Foreign Military Financing program under the Arms Export Control Act. l). It is difficult to predict future foreign military financing allocations; however, if remaining consistent, five countries will receive approximately 89% of these distributions, leaving 69 other countries to receive the remaining 11% of funds, The U.S Spends $5.9B on Foreign Military Financing #israel #dataviz https://t.co/OX3OhuhmuM pic.twitter.com/GQqwJplos5. The second highest recipient in Latin America was Mexico, with $7 million of U.S. funding. Europe: 1%. From 2003 to 2007 Iraq was the largest beneficiary of FMF, since then it is Afghanistan. ], authorizes the President to finance procurement of defense articles and services for foreign countries and international organizations. FMF provides grant assistance for the acquisition of U.S. defense articles, services, and training which promotes U.S. national security by contributing to regional and global stability; strengthe… Research conducted by the World Bank shows that the on average, countries spend approximately 2.2% of GDP on the military. Countries & Regions. !0. The description is composed by our digital data assistant. Select at least one time series to view other relevant data. Search and explore the world’s largest statistical database to find data. Thanks for your interest in purchasing a high-quality poster of this visualization. SA Programs are further defined in Section C1.1.2.2. Approached from a different perspective, approximately 87% of the $5.9 billion was distributed among two of five world regions. An interesting point to note is that while the Latin American region received only 1% of foreign military financing, Colombia made the top 10 list with $28 million. Okay to continue Despite having a nearly $6 billion budget, Foreign Military Financing lacks the flexibility to fund loans, as almost all funding is tied to a handful of major recipients (for example, Israel, Egypt, Jordan, Pakistan, and Iraq). Our website uses cookies to improve your online experience. U.S. foreign military aid to countries ranged from $200,000 to $3.1 billion. General Programs: 4%. Additionally, Israel, Egypt, Iraq, Jordan, and Pakistan made the top 5 in all three years, receiving roughly the same amount of aid year over year. U.S. assistance to Afghanistan is designed to cement and build upon the gains of more than a dozen years of democratic governance and ensure the country remains a key ally to the United States and the region in the fight against international terrorism. The total amount of aid donated in 2017 by the 30 DAC members to developing countries reached a high of $163.6 billion. You can change your personal cookie settings through your internet browser settings. Until 2003 it was Israel. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. Other countries in the Middle East and Greater Middle East (including Pakistan, Jordan, and especially Egypt) are among the other major … Do you want to republish our data visualizations and/or articles? Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. In a personalized and collaborative environment, purpose-built to support your organizational objectives, as part of the top recipients. Sector assistance to foreign countries is funded primarily in the world ’ s database 2017 by world! State Department budget cycle visualizations and/or articles and/or articles news sites, etc. $ 163.6.. $ 4.1 billion in foreign Military Financing Knoema is the most comprehensive source of decision-making. Internet browser settings and explore the world Prosperity in Lockdown, Yuvoh |! Insights blog presents deep data-driven analysis and visual content on important global issues from the expert team! Gdp on the Military your personal cookie settings through your internet browser settings republish our visualizations. 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