Thank you for visiting SNEWPapers!

Sign up free
Page thumbnail for Minneapolis Spokesman
Foreign News September 16, 1960

Minneapolis Spokesman

Minneapolis, Hennepin County, Minnesota

What is this article about?

The US has provided $78.5 billion in foreign aid over nearly 15 years, plus $59 billion in lend-lease, totaling $137.5 billion. Haiti received $60 million; African nations: Liberia $52M, Ethiopia $64M, Sudan $17M, Ghana $3M, Guinea $2M; Malaya $1M.

Clipping

OCR Quality

98% Excellent

Full Text

U.S. FOREIGN AID TOTAL $78.5 BILLION IN 15 YEARS

Washington (ANP)—A total of $78.5 billion has been shelled out by the United States in nearly 15 years for foreign aid, according to a report recently released by the office of business economics of the U.S. Department of Commerce. Coupled with $59 billion in lend-lease aid to its allies, the U.S. has given out a total of $137.5 billion, or almost half of the current $288 billion debt.

The figures show that Haiti received $60 million; while African nations received the following amounts: Liberia, $52 million; Ethiopia, $64 million; Sudan, $17 million; Ghana, $3 million; Guinea, $2 million and Malaya $1 million.

What sub-type of article is it?

Economic

What keywords are associated?

Us Foreign Aid Economic Assistance Lend Lease Haiti Liberia Ethiopia African Nations

Foreign News Details

Event Date

Nearly 15 Years

Outcome

total foreign aid $78.5 billion; lend-lease $59 billion; grand total $137.5 billion. haiti: $60 million; liberia: $52 million; ethiopia: $64 million; sudan: $17 million; ghana: $3 million; guinea: $2 million; malaya: $1 million.

Event Details

A report by the U.S. Department of Commerce's office of business economics states that the United States has expended $78.5 billion on foreign aid in nearly 15 years, plus $59 billion in lend-lease aid to allies, totaling $137.5 billion, nearly half of the $288 billion national debt. Specific allocations include $60 million to Haiti and varying amounts to African nations and Malaya.

Are you sure?