US Treasury puts cost of outbound investment risk program at $10 million ...Middle East

Devdiscourse - Opinion
US Treasury puts cost of outbound investment risk program at $10 million
source : Devdiscourse ( Middle East ) () 58
A program to address the risks of outbound U.S. investment in areas with sensitive technology potentially harmful to national security would cost $10 million if set up this fiscal year, according to a U.S. Treasury Department report obtained by Reuters. The report surfaced as President Joe Biden's administration weighs restrictions on outbound investments, and the president prepares to release his proposed budget for the next fiscal year that starts in October.

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