USAID's Investments for Economic Development in Egypt - Dollars to Results
FY 2011 $18.5 M
FY 2012 $32.1 M
FY 2013 $525.3 M
FY 2014 $26.7 M
USAID promotes a globally competitive, educated, and innovative economy in Egypt by supporting private sector job creation, strengthening trade and investment, and promoting private sector growth. Since 2011, USAID trained over 360 olive farmers in best practices that resulted in 60 percent higher incomes. With USAID support, over 50 innovative, high-growth potential companies have started, of which one-third are women-owned, one-fourth have received outside investment, and all have created jobs.
USAID'S ECONOMIC GROWTH PROGRAM IN EGYPT AIMS TO:
- Promote private sector competitiveness;
- Build a strong agricultural sector;
- Promote a strong financial sector;
- Promote trade and investment; and
- Promote economic opportunity.
Disclaimer: Dollars to Results links spending in a fiscal year to results reported for that same year. The data may differ from other USAID and U.S. Government websites because they use different timeframes and reporting parameters for information displayed. Please refer to the FAQs for more details.
During FY 2011, Egypt underwent a revolution and transition toward a democratic republic. The revolution directly and indirectly impacted our activities in Egypt. Host-country counterparts shifted. The U.S. worked to ensure that our programs were responding to the emerging needs expressed by Egyptians in the immediate aftermath of the revolution.