1. Technical cooperation.-Grants are used in developing countries to (1) provide the advisers, teachers, and equipment required for the improvement of educational, administrative, technical, and professional skills; (2) assist in the control and eradication of major diseases and other menaces to health; (3) establish and improve institutions. which further economic and social development; (4) assist in planning development programs and projects; (5) assist family planning programs; and (6) finance research and the development of American institutions concerned with problems of economic development. 2. American schools and hospitals abroad.-Grants are provided to American-sponsored institutions abroad to help train qualified leadership in developing countries. 3. Surveys of investment opportunities. This program encourages private enterprise to undertake surveys of investment opportunities in developing countries. Up to 50% of the cost of such surveys is paid by AID if the concern sponsoring the survey does not proceed with an investment, in which case the survey becomes AID property for use in attracting other investors. 4 and 5. International organizations and programs. Voluntary contributions are provided to programs affiliated with the United Nations and its specialized agencies, and to the Indus Basin Development Fund associated with the World Bank. These programs promote the economic and social development of developing countries and help maintain peace in threatened areas. 6. Supporting assistance.-Commodities and services are provided countries which need help in maintaining defensive forces or in attaining economic and political stability. To the extent feasible, this assistance is also used to contribute to development. When country situations have stabilized sufficiently, reductions in supporting assistance are made and efforts are concentrated on development. The largest portion finances economic programs to help Vietnam preserve its national independence. 7 and 8. Contingency funds.-These funds are used for urgent requirements which cannot be foreseen at the time the budget is prepared. They are available for emergency assistance in disasters and to meet important international situations which need an immediate response in the U.S. national interest. on a people-to-people approach toward economic and social betterment in Latin America. 11. Administrative expenses (Agency for International Development). These funds are used in Washington and in overseas missions to administer economic aid programs. 12. Administrative expenses (State).-Expenses for Department of State personnel involved in the administration of the foreign assistance program and of the Battle Act are provided. Loans. Most U.S. resources provided through foreign economic assistance programs are in the form of loans. Data on loans made under the development loan activity, under the Alliance for Progress, and under the authority of the Agricultural Trade Development and Assistance Act are shown on separate schedules. A small portion of economic assistance funds available for grants are loaned rather than granted. These loans may be repayable either in dollars or foreign currency. The following table summarizes the loans made from obligational authority current each year, repayable in dollars and foreign currencies (in millions of dollars and dollar equivalents): Loan obligations incurred: Repayable in dollars... Repayable in foreign currency.. Loan disbursements made: Repayable in dollars... Repayable in foreign currency.. Loan principal repayments: Dollars... Foreign currency. Interest collections: Dollars.... Foreign currency_ 1966 actual 1967 actual 1968 estimale 40 1969 estimate 42 9 and 10. Alliance for Progress, technical cooperation and development grants.-Grants for technical services and 91.0 equipment are made to Latin American countries as part of the joint Alliance for Progress program. Organizations and individuals in the United States are helping in working 2,446 International Development.... 1, 166, 423 1,048, 309 1,142, 580 INFORMATIONAL FOREIGN CURRENCY SCHEDULES American Schools and Hospitals Abroad, Special Foreign Currency Program American schools and hospitals abroad (special foreign currency program): For assistance authorized by section 214(d), [$5,986,000 $3,100,000 in foreign currencies which the Treasury Department determines to be excess to the normal requirements of the United States [for the following institutions in Israel: $1,000,000 for the Or Hachayim Girl's College of Israel; $1,986,000 for a school in Israel sponsored by the Israel Training Institute for Boys; $1,000,000 for the Bayit Lepletot Home; $1,000,000 for the Ch'san Sofer Chasan Yecheskel Institute; and $1,000,000 for the Jerusalem College for Women]. (Foreign Assistance and Related Agencies Appropriation Act, 1968.) Program and Financing (in thousands of dollar equivalents) The Alliance for Progress was established in 1961 as a cooperative effort of the United States and Latin American countries to promote the economic and social development of Latin America. The United States is helping in these efforts by providing economic and technical aid. The Latin American countries, in addition to providing a steadily increasing share of their own resources to development, are carrying out substantial self-help and reform programs. This self-help effort was reconfirmed in the four critical areas of agriculture, education, health, and economic integration by the Presidents of the Latin American Republics at a meeting at Punta del Este, Uruguay in April 1967. Through 1968 the Congress had appropriated $2,659 million for development loans. Total Alliance for Progress appropriations of $625 million are requested for 1969. Of this amount $515 million is proposed for development loans, largely in support of programs which encourage increased agricultural pro -11,264 -13,083 -18,515 -11,264 -13,083 -18,515 -409 -2,383 -4,309 -409 -2,383 -4,309 -5,105 -13,876 -19,341 -5,105 -13,876 -19.341 -10,000 -10,000 |