Economic Assistance Implementation. 1. Subject to the terms and conditions of this Agreement, and except as otherwise provided, the Government of the United States shall provide financial assistance on an annual grant basis for a period of 20 years (or longer in the case of assistance provided under section 211(b) of the Compact, as amended) in the amounts set forth in section 217 of Title Two of the Compact, as amended. Such Grants shall be used for assistance in education, health care, public infrastructure, the environment, public sector capacity building and private sector development, or for other areas as mutually agreed, with priorities in the education and health care sectors. To the extent appropriated for that purpose, the Government of the United States shall also provide the Supplemental Education Grant in the amount of $6,100,000 for fiscal year 2005, and an equivalent amount, as adjusted for inflation under section 218 of the Compact, as amended, for each of fiscal years 2006 through 2023.
Economic Assistance Implementation. 1. Subject to the terms and conditions of this Agreement, the Government of the United States shall provide financial assistance on an annual sector Grant basis for a period of 20 years in the amounts set forth in section 217 of Title Two of the Compact, as amended. Such Grants shall be used for assistance in education, health care, public infrastructure, the environment, public sector capacity building and private sector development, or for other areas as mutually agreed, with priorities in the education and health care sectors.
Economic Assistance Implementation. 1. Subject to the terms and conditions of this Agreement, and except as otherwise provided, the Government of the United States shall provide financial assistance on an annual grant basis for a period of 20 years in the amounts set forth in section 216 of Title Two of the Compact, as amended. Such Grants shall be used for assistance in education, health care, public infrastructure, the environment, public sector capacity building and private sector development, or for other areas as mutually agreed, with priorities in the education and health care sectors. To the extent appropriated for that purpose, the Government of the United States shall also provide the Supplemental Education Grant in the amount of $12,230,000 for fiscal year 2005, and an equivalent amount, as adjusted for inflation under section 217 of the Compact, as amended, for each of fiscal years 2006 through 2023.
