Note: Total flows: DAC (26, 350); OPEC (4,750); central planned economies (1,400); total (32,500). U.S. ODA disbursements of $3,545,000,000 were at highest level since 1964 and accounted for 31.5 percent of DAC total. United States tied with Japan for 12th place in ODA/GNP ratio, with 0.25 percent as compared to 0.38 percent ratio for DAC as a whole. COMMITMENTS AND ESTIMATED DISBURSEMENTS OF OPEC MEMBERS' CONCESSIONAL AID IN 1974 Note: Figures are subject to revision. In particular, some of the bilateral disbursement estimates are highly tentative. Oil revenue and gross national product figures are Secretariat estimates (except for Iran). Total gross national product and oil revenue refer to the countries listed above, excluding Nigeria. Source: OECD Development Assistance Directorate Addendum to DD-403 (1st revision) Apr. 23, 1975. Mr. DIGGS. Finally, we would like to receive an analysis on a per annum basis for the last 5 years of the extent to which oil prices have compared with prices of manufactured goods, fertilizer, and food, and the percentage of increase in the price of each, per year, for the past 5 years, so that we more fully understand how these matters are interrelated. [The information requested follows:] 1 Weighting is based on imports into industrial countries and differs from weights of the same commodities in world production. Fuels and oil are excluded. Source: OECD, Economic Outlook No. 15, July 1974, p. 25. 2 ERS estimate based on prices in International Financial Statistics, International Monetary Fund. Index of prices for fertilizer paid by U.S. farmers in April and September (1970=100) (Prepared by Statistical Research Service of U.S. Department of Agriculture) 1971 1972 1973 1974 1975 (April) – U.S. price data reflects lifting of domestic price controls in October 1973. INTERNATIONAL PRICES FOR REPRESENTATIVE FERTILIZER PRODUCTS, 1970-74 [In U.S. dollars per metric ton, f.o.b. supplier's port] 104 106 118 195 244 Note: All price series represent ranges for period, except where "average" is indicated, and reflect export tenders. Source: British Sulphur Corp., reproduced in IBRD Report No. 446 of May 15, 1974, "Fertilizer Requirements of Developing Countries." |