Highlighting $8.2 Billion in Authorizations Supporting American Exports and 34,000 U.S. Jobs
WASHINGTON: The Export-Import Bank of the United States (EXIM) today released to the United States Congress and to the American people its full fiscal year (FY) 2019 Annual Report, which reports the agency’s authorizations and financial condition as of the close of FY 2019. The report also provides additional data and information about EXIM’s successes in exceeding the agency’s small business mandate, working to boost U.S. exports to sub-Saharan Africa, advancing the comparative leadership of the United States with respect to China, and other EXIM activities.
“An important part of this Administration’s economic agenda is to create a new opportunity for every American by leveling the playing field for America’s exporters and workers—and their outstanding ‘Made in the USA’ goods and services—in the extremely competitive global marketplace,” said EXIM President and Chairman Kimberly A. Reed.
“With the leadership of President Trump and bipartisan support in the United States Congress, EXIM’s board quorum was restored in the second half of the fiscal year. This great step toward full functionality of the agency is reflected in EXIM’s higher amount of authorizations and expanded outreach to our customers in 2019,” Reed added.
Highlights of EXIM’s FY 2019 Annual Report:
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