Stock Market Exuberance Over COVID-19 Vaccine? E-mail me the best content from Howmuch.net, Select the way you want to use our Visualization. Guess What 2 countries received 75% of the Total.... Give us credit as your source, "HowMuch.net, a financial literacy website", Copy this link to your website (Image is included here). 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). If you'd like to use our visualization in books, magazines, reports, educational materials, etc. The second highest recipient in Latin America was Mexico, with $7 million of U.S. funding. 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. 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. 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). This is equivalent to 17% of the estimated $35 billion spent on total global aid discussed in our previous article. A few countries have received exceptions to use FMF funds for Direct Commercial Sales. Latin America: 1%. 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. l). Are you sure you want to send the dataset for verification? 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. FMF funds purchases made through the Foreign … We will email you when we're ready, just drop your address in the box. Foreign Military Financing of Direct Commercial Contracts (DCCs). Asia: 7%. 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