AL JAZEERA ENGLISH: Annual US budget speech outlines plans for Middle East "incentive plan", but proposal must be approved by Congress.
United States President Barack Obama has announced plans to help Arab Spring countries with more than $800m in economic aid.
Most of the financial help for the Arab Spring countries, an estimated $770m, would go to establish a new "Middle East and North Africa Incentive Fund", the president said in his annual budget speech on Monday.
Obama said military aid to Egypt would be kept at the level of recent years, $1.3bn, despite a crisis triggered by an Egyptian probe targeting US democracy activists.
The proposals are part of Obama's budget request for fiscal year 2013, which begins on October 1. » | Agencies | Monday, February 13, 2012
