President Bush says he would like to double US aid to
June 30th 2005
President Bush is proposing spending 1.2 Billion dollars
to fight Malaria in Tanzania, Uganda and Angola. In addition the President
is proposing to spend 400 million dollars in an effort to educate African
Child and reduce sexual violence.
It is believed Bush is under pressure to increase the aid
to Africa after having turned down a proposal by British Prime Minister Tony
Blair to give the continent 50 billion dollars a year. This would have been
done by making long-term aid commitments that would allow poor countries to
raise money on global capital markets. The President is under pressure to
provide more money to Africa. The Group of Eight (G8) summit next week in
Scotland has proposed Washington take a greater role in combating malaria in
Chad Dobson, US policy director for the anti-poverty
organization Oxfam, said Bush's pledge will mean an extra 900 million
dollars a year for Africa and would be a welcome first step.
President Bush has tripled aid to Africa since he took
office. Many Libertarians I have spoken to feel he may be the most liberal
Presidents in decades. The Presidents National Security advisor, Stephan J
Hadley said the Presidents aid pledge will increase overall US assistance to
Africa from 4.3 billion dollars in 2004 to at least 8.6 billion dollars by
2010. He said it was the largest aid increase over the shortest period of
time since the Democrat Harry Trumanís Marshall Plan.
Best Syndication Staff Writer