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President Bush Vows to Increase US Aid to Countries Making Democratic Reforms


President Bush has vowed to increase the number of needy countries the United States aids through the Millennium Challenge Corporation, which rewards nations making democratic and free-market reforms.

Mr. Bush said Tuesday that nearly two dozen new countries have been selected as eligible for aid. He spoke during the swearing-in ceremony of John Danilovich, the corporation's new chief executive officer.

President Bush said he has asked Mr. Danilovich to implement several new agreements with developing countries in upcoming months. The corporation currently has agreements with Armenia, Benin, Cape Verde, Georgia, Honduras, Madagascar, and Nicaragua.

The corporation gives development aid to needy countries that are judged to govern justly and encourage economic freedom. The aid goes toward projects in agriculture, education, and private sector development.

Some information for this report provided by AFP.

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