Foreign Military Financing (1999-2000)

The administration is seeking over $3.4 billion in foreign Military Financing (FMF). FMF spending in Fiscal Year 2000 will be entirely for grants and administration; the loan component of FMF has been phased out. This program "enables selected friendly and allied countries to improve their ability to defend themselves by financing their acquisition of U.S. military articles, services, and training." Israel and Egypt receive the lion’s share of FMF, about 94% in FY 2000. A total of $81 million will help integrate new NATO members and strengthen cooperation with Partnership for Peace countries.

Foreign Military Financing — $3,430,000,000

	FY1999	FY2000
Israel	$1,860,000,000	$1,920,000,000
Egypt	$1,300,000,000	$1,300,000,000
Jordan	$45,000,000	$75,000,000
Morocco	$2,000,000	$2,250,000
Tunisia	$2,000,000	$2,250,000
Partnership for Peace	$78,000,000	$81,200,000
Caribbean Regional	$3,000,000	$3,000,000
Enhanced Int'l Peacekeeping Initiative	$7,000,000	$5,000,000
Africa Crisis Response Initiative	$5,000,000	$5,000,000
East Africa Regional	$5,000,000	$5,000,000
DOD administrative costs	$29,900,000	$31,300,000

Sources: Federation of American Scientists
President's Budget Annexes, Secretary of State Summary and Highlights. The budget can be found online at http://www.access.gpo.gov/usbudget/fy2000/maindown.html. See ASM 37 to compare with the President's FY99 budget request.