The Miami Herald listed pledges in assistance from the Venezuela government to countries in Latin America.  The total pledged this year, $8.87 billion was signifcantly more than the United States sends each year (roughly $2 billion) -[note Bloomberg ran a story saying that U.S. delivered $3 billion in aid in FY 2005 to Latin America.  This contradicts Congressional Research Service data that puts that number at $1.8 billion for the same year.  Bloomberg cites no refrerences so hard to know what is included in this figure.  Estimates for FY 2007 total $2.07 billion.] 

Of course the real story is not how much the U.S. sends, but what the aid is for. The Latin America Working Group and the Center for International Policy track U.S. assistance in the region - focusing on Military assistance.  Of the $2.07 billion estimated to be delivered this year buy the United States $893 million (45%) of that is for military and police - nearly $600 million just to Colombia (584.4 million was requested for 2007). The most recent LAWG/CIP report Below the Radar tracks assistance over a ten year period 1997-2007.

Another $240 million is tied to highly conditional grants under the Millennium Challange Account - almost all of which goes to just three countries (El Salvador, Honduras, and Nicaragua).

Another $100 million ($108 million in 2005) goes to PL 480 food program - a principle means by which food "aid" is dumped in developing countries - nearly of a third of this went to Haiti in 2005.

 The list of projects funded by Venezuela:

ENERGY:

- $3.55 billion. Nicaragua: To build 150,000 barrel-a-day oil refinery. (Source: Venezuelan Foreign Ministry, April 30)

- $1.6 billion. Estimated financing per year under preferential oil deals to at least 17 countries. (Source: Chavez, March 15)

- $340 million. Nicaragua: Grants and loans to supply oil, nine electricity generators. (Source: Venezuela government statement, March 7)

- $240 million. Bolivia: Exploration of gas and oil fields. (Source: Bolivian Hydrocarbons Ministry, Aug. 8)

- $170 million. Bolivia: To build two liquid natural gas extraction plants. (Source: Venezuelan Foreign Ministry, April 30)

- $100 million. Nicaragua: To supply 32 electricity generators. (Source: Chavez, Jan. 10)

- $89 million. Nicaragua: To build 120 megawatt electricity plant. (Source: Venezuelan Foreign Ministry, April 30)

- $80 million. Haiti: To build 10,000 barrel-a-day oil refinery. (Source: Venezuelan Foreign Ministry, April 30)

- $63.7 million. Jamaica: For state oil company to buy 49-percent stake in Jamaican refinery. (Source: Jamaican Energy Ministry, May 18)

- $56 million. Haiti: To build 60-megawatt electricity plant. (Source: Venezuelan Foreign Ministry, April 30)

- $30 million. Bolivia: To build diesel electricity generation plant. (Source: Venezuelan Foreign Ministry, April 30)

- $28 million. Bolivia: To build thermoelectric plant. (Source: Bolivian Hydrocarbons Ministry, Aug. 8)

- $8 million. Cuba: To build liquefied natural gas re-gasification plant. (Source: Venezuelan Foreign Ministry, April 30)

- $5 million. Bolivia: Electricity-saving project. (Source: Venezuelan Foreign Ministry, April 30)

- $4.7 million. Bolivia: To set up 15 service stations to distribute fuel. (Source: Venezuelan Foreign Ministry, April 30)

- $4 million. Haiti: To build LNG re-gasification plant. (Source: Venezuelan Foreign Ministry, April 30)

- $200,000. Ecuador: Donation of two drills for oil exploration. (Source: Chavez, Aug. 9)

ENERGY FUNDING TOTAL: $6.369 billion

FINANCING:

- $1 billion. Argentina: Planned bond purchases, including $500 million in bonds purchased in August. (Source: Chavez, Aug. 7)

- $100 million. Bolivia: Planned purchase of Bolivian government bonds. (Source: Cabezas, Aug. 2)

- $30 million. Nicaragua: Debt forgiveness. (Source: Chavez, Jan 10)

- $8 million. Guyana: Debt forgiveness. (Source: Rodolfo Sanz, Venezuela's deputy foreign minister for Latin America and the Caribbean, Aug. 9)

FINANCING TOTAL: $1.138 billion

DEVELOPMENT AID:

- $250 million. Fund to finance joint economic projects in region's socialist-oriented countries. (Source: Venezuelan Foreign Ministry, April 30)

- $150 million. Dominica: Funding for housing, airport upgrade, scholarships. (Source: Chavez, Feb. 15)

- $135 million. Argentina: Bandes loan for Sancor dairy cooperative. (Source: Venezuelan Finance Minister Rodrigo Cabezas, Feb. 22)

- $88 million. Nicaragua: Grants and loans for tractors, AIDS treatment, sending 86 Nicaraguan athletes to sports tournament, 100,000 Hepatitis B vaccines, etc. An additional $2 million listed below under humanitarian aid. (Source: Venezuelan government statement, March 7)

- $30 million. Bolivia: Bandes capital for low-interest loans. (Source: Bandes president, May 7)

- $25 million. Ecuador: Bandes capital for new branch to offer low-interest loans. (Source: Bandes President Rafael Isea Romero, May 24)

- $21 million. Haiti: Fund to build homes, acquire unspecified equipment and provide medical aid by supporting the work of Cuban specialists offering health care to Haitians. (Source: Venezuelan government statement, March 3)

- $20 million. Bolivia: Grants for local infrastructure projects in health, schools, sports and other areas. (Source: Bolivian Public Finance Minister Luis Arce, April 12).

- $20 million. Nicaragua: Loans for rural poor, health care and education. (Source: Chavez, Jan. 10)

- $20 million. Nicaragua: Capital for Bandes branch for low-interest agricultural loans. (Source: Bandes president, May 24)

- $10 million. Nicaragua: Funding for social projects. (Source: Chavez, Jan. 10)

- $2 million. Guyana: Donation to build a homeless shelter. (Source: Guyanese Foreign Minister Rudy Insanally, Aug. 2)

- $875,000. Bolivia: Computers to digitalize Bolivia's national identification card system. (Source: Bolivian government announcement, April 13.)

DEVELOPMENT AID TOTAL: $772 million

INFRASTRUCTURE:

- $350 million. Nicaragua: Donation to build Pacific-Atlantic highway. (Source: Nicaragua Infrastructure Minister Pablo Fernando Martinez, Jan. 22)

- $150 million. Bolivia: Asphalt plant. (Source: Venezuelan Foreign Ministry, April 30)

- $57 million. Haiti: Funding to expand Port-au-Prince and Cap-Haitien airports. (Source: Venezuelan government statement, March 3)

- $5.5 million. Bolivia: Funding for paving streets and other improvements to poor neighborhoods in La Paz. (Source: Bolivian government statement, July 14)

- $3 million. Haiti: Donation for garbage trucks. (Source: Chavez, March 13)

INFRASTRUCTURE AID TOTAL: $565.5 million

HUMANITARIAN AID:

- $15 million. Bolivia: Donation for flood victims. (Source: Chavez, Feb. 26 and March 2)

- $2 million. Nicaragua: Free medicine. Announced as part of larger $90 million in grants and loans. (Source: Venezuelan government statement, March 7)

- $1.5 million. Peru: Two planeloads of earthquake relief supplies, with more planned. (Armando Laguna, Venezuelan ambassador to Peru, Aug. 22)

HUMANITARIAN AID TOTAL: $18.5 million

MILITARY AID:

- $10 million. Bolivia: Funding to fix military barracks. (Source: Bolivian Defense Minister Walker San Miguel, May 21 and 22).

MILITARY TOTAL: $10 million

TOTAL OF PUBLIC PLEDGES: $8.87 billion