The description is composed by our digital data assistant. WASHINGTON — The White House fiscal 2018 budget request cuts more than $1 billion from the U.S. State Department's Foreign Military Financing program, with the majority of countries … The information about original data source is available only to registered users. Foreign Military Financing (FMF) is a critical foreign policy tool for promoting U.S. interests around the world by ensuring that coalition partners and friendly foreign governments are equipped and trained to work toward common security goals and share burdens in joint missions. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. Until 2003 it was Israel. Our website uses cookies to improve your online experience. We would like to hear your feedback. Take a look on the map below to see who is getting the most foreign military financing from the U.S. Below is a ranking of the the top 10 recipients and their respective world regions. 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. 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. 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. l). We will email you when we're ready, just drop your address in the box. Most FMF-funded purchases are made through the Foreign Military Sales (FMS) framework. Please feel free to leave your comments below! Since 1950, the US government has provided over $91 billion in FMF to militaries around the world. Okay to continue It’s also worth noting the breakdown between economic and military spending in these countries: Of the roughly $17.3 billion foreign aid dollars given to the top 10 countries, about 57% of … The Foreign Military Financing (FMF) program provides grants and loans to help countries purchase weapons and defense equipment produced in the United States as well as acquiring defense services and military training.FMF funds purchases are made through the Foreign Military Sales (FMS) program, which manages government-to-government sales. According to the U.S. State Government 2013-2015 Foreign Assistance report, an estimated $5.9 billion was spent on foreign military funding alone in fiscal year 2014. U.S. State Government 2013-2015 Foreign Assistance report. American taxpayers doled out $5.9 billion in foreign military financing in 2014 -- and roughly 75% of it went to two countries. First enacted in 1961, the Foreign Military Financing (FMF) program provides grants and loans to help countries purchase U.S.-made defense articles and defense services on the U.S. Munitons List for their military and government official in order to support coalition operations as well as stabilization, counterterrorism and counternarcotics purposes. E-mail me the best content from Howmuch.net, Select the way you want to use our Visualization. Of the top 10 recipients, two countries received 75% of the $5.9 billion. seq. Kenya ($824 million) Nigeria ($820 million) South Sudan ($789 million). The second highest recipient in Latin America was Mexico, with $7 million of U.S. funding. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. (ii) The Foreign Military Financing program under the Arms Export Control Act. Other countries in the Middle East and Greater Middle East (including Pakistan, Jordan, and especially Egypt) are among the other major … Allocation of foreign military financing may differ over time as the social, economic, and political climate changes across the globe. Of the 74 countries that received U.S. foreign military funding, not all received aid in proportion to its geographic region. Foreign Military Financing (FMF) Purpose: The Arms Export Control Act (AECA), as amended [22 U.S.C. As noted by the State Department in a March release, the Obama administration concluded a $2.7 billion loan to Iraq for the purchase of US weapons. Research conducted by the World Bank shows that the on average, countries spend approximately 2.2% of GDP on the military. The total amount of aid donated in 2017 by the 30 DAC members to developing countries reached a high of $163.6 billion. If you'd like to use our visualization in books, magazines, reports, educational materials, etc. 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. Foreign Military Financing Account Summaries [Current as of July 18, 2008] Below are the country account summaries for Foreign Military Financing for fiscal years 2005 (actual--funding actually provided in fiscal year 2005), 2006 (actual), 2007 (requested--funding requested under the President's fiscal year 2007 budget) and 2008 (requested). 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). Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Latin America: 1%. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Data Briefs. foreign military financing _ Foreign Military Financing (FMF) is a critical foreign policy tool for promoting U.S. interests around the world by ensuring that coalition partners and friendly foreign governments are equipped and trained to work toward common security goals and share burdens in joint missions. 2751, et. The Middle East tops this list, followed by Africa. They may also obtain training using USG funds provided by Security Assistance (SA) appropriations such as the International Military Education and Training (IMET) program, Foreign Military Financing (FMF), and Peacekeeping Operations (PKO). we can issue a permission document, granting non-exclusive rights to reproduce, store, publish, & distribute. DSCA, which manages the U.S. Foreign Military Sales program, announced that the total includes $2.9 billion of Foreign Military Financing-funded … 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. 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. These countries are also part of the top 5 recipients of U.S. foreign military financing, totaling $4.0 billion. This is not an entirely new practice. ], authorizes the President to finance procurement of defense articles and services for foreign countries and international organizations. It furthers U.S. interests around the world by ensuring that coalition partners and friendly foreign governments are equipped and trained to work toward common security goals and share burdens in joint missions. 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