Assisting developing nations in the world is a US foreign policy
             priority in the pursuit of what the administration of President George W.
             Bush considers its moral imperative to combat poverty (Inter-American
             Development Bank 2002). In realizing this pursuit and implementing the
             foreign policy, he proposed a new initiative of development that would
             increase its accountability for both rich and poor nations and encourage
             the same commitment from, and link up with, other developed nations towards
             developing ones. In demonstrating this high level of commitment, President
             Bush raised the US core development assistance fund by 50% or 5 billion
             over 2002 level and deposited into a New Millennium Challenge Account for
             the benefit of developing nations' economies and standards of living (Inter-
             American Development Bank). The US has been the world's largest provider of
             humanitarian assistance and food aid at $3 billion in 2000; spends a
             billion dollars every month in the war against terrorism; contributed $978
             million in 2001 along to international peacekeeping (Inter-American
             Development); imports the most from developing countries - $450 billion in
             2000 alone or eight times more than all Official Development Assistance
             (ODA) country donors; and is the top source of private capital to
             developing nations at an average of $36 billion a year between 1997 and
             2000 and of charitable donations to these nations, $ 4 billion in 2000
             In 2000 alone, the US gave out $10 billion worth of ODA and even
             substantially increased afterwards in priority sectors, such as HIV/AIDS
             (54%), basic education (50%), trade and investment (38%), and agriculture
             (38%) (Inter-American Development Bank). Its core development assistance
             package rose significantly in Africa at 30%, Asia and the Near East at 39%
             and Latin America and the Caribbean at 29%.
             American aid to these developing or poor countries would ...