US cuts aid to Egypt

CNC
Added On October 10, 2013

The United States plans to cut hundreds of millions of dollars in aid to Egypt in response to current turmoil in the country.

The U.S. State Department on Wednesday said it would withhold deliveries of tanks, fighter aircraft, helicopters and missiles as well as 260 million dollars in cash assistance from Egypt.

The Obama administration made the decision to suspend part of its aid to Egypt months after the country's first elected President Mohamed Morsi was deposed by the military in July.
  
Washington has opted not to label Morsi's ouster as a coup, so as to enable it to continue its annual aid to Egypt that totals some 1.5 billion dollars.

Instead, the U.S. has halted the delivery of four F-16 fighters to Cairo in a show of its unhappiness with the military's handling of the situation.

The State Department declined to give an indication of how severe the impact of the cuts in assistance might be in Egypt.

But Washington has stressed that its support to Cairo would continue, including areas like health, education and private sector development.