The Bush Administration's budget presentation for 2003 reads, "Foreign Military Financing (FMF) funding enables Argentina's armed forces to improve their peacekeeping capacity through purchases of up-to-date communications and transport equipment, at a time of severe budget austerity. In FY 2003, FMF will be used to increase Argentina's ability to participate in peacekeeping missions. Funds will be used to support increases in training, interoperability, and purchases of needed equipment."

The document describes the program in more detail, saying "Funds will also be used for replacement of medical equipment and supplies and for replacement of individual optical equipment (binoculars, night-vision equipment, and laser range finders). Finally, requested funds will be used for professional military training and for upgrading and obtaining new equipment at the Argentine Joint Peacekeeping Training Center, which provides a regional training platform." [1]

Sources:

¹ United States, Department of State, FY 2003 Congressional Budget Justification for Foreign Operations (Washington, DC: April 15, 2002) <http://www.state.gov/documents/organization/9476.pdf>.