The U.S. Treasury Deparment is not allowing Americans to give unlimited funds to Burmese individuals in the wake of Cyclone Nargis.U.S. aid reaches MyanmarMore VideosNEW YORK (CNNMoney.com) -- In an effort to expedite aid to Myanmar, hard hit by Cyclone Nargis, the Treasury Department announced Monday that it is removing the limit on funds that Americans are allowed to send to individuals.The Southeast Asian country, popularly known as Burma, was severely rattled by the May 3 cyclone. Myanmar officials said the storm killed an estimated 32,000 people - although outside agencies say the toll may be closer to 100,000 - and left about 1.5 million more in need of aid.
"The people of Burma need all the help we can provide during this crisis," said Adam Szubin, director of the Treasury's Office of Foreign Assets, in a statement. "This action will speed the flow of aid to the Burmese people."
The Treasury previously only allowed Americans to send Burmese relatives and friends a total of $300 per quarter as part of U.S. sanctions against the nation of Myanmar, which is currently ruled by an objectionable military government.
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