US-Egyptian relations are tied to maintaining regional stability, improving bilateral relations focused on Egyptian economic development.
The United States has provided Egypt with an annual average of over $2 billion in economic and military foreign assistance since 1979. The United States will reduce Economic Support Funds (ESF) to about $400 million per year by 2008 in keeping with a plan to reduce aid to Israel. The Administration requested $655 million in economic grants and $1.3 billion in military grants for FY2002 for Egypt.
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