foreign donations programs - PDF, 101 mb - usaid
foreign donations programs - PDF, 101 mb - usaid
foreign donations programs - PDF, 101 mb - usaid
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
date, and ao budget requests have been submitted for Purchase of Goods for Other<br />
appropriation. Friendly Countries<br />
Common Defense<br />
Section 104(c): Local currencies are set aside in title I<br />
Section 104(d): Under this authority,<br />
ices for the<br />
goods<br />
Agency<br />
and<br />
for International<br />
serv<br />
Development progr<br />
in Nel ar pura inda usin re<br />
agreements for the procurement of military equipment, During calendar year 1965 the equivalent of $12.3<br />
materials, facilities, and services for the common defense, Durin caleda ar fo6 th isapurpoe .<br />
including internal security. Such funds are administered<br />
by the Department of Defense and the Agency for International<br />
Development natinalDevlopent are<br />
million<br />
Cumulative<br />
in rupees was allocated for this purpose.<br />
tranisfers to agencies for the purposes of<br />
thi usetin w er$7.7 gelines of Jue 30, 16<br />
re and nd not ot subject ubjet t to agncy agency this section were $77.7 million as of June 30, 1965.<br />
appropriation. They are usually made available as<br />
grants.<br />
Grants for Economic Development<br />
In Korea and Vietnam, from 80 to 90 percent of the<br />
sales proceeds under title I agreements have been earmarked<br />
for section 104(c) use.<br />
The value of <strong>foreign</strong> currencies transferred to agency<br />
accounts by the Department of Treasury for common<br />
defense uses was $801.9 million equivalent as of June 30,<br />
1965. Of this amount, the equivalent of $756.0 million<br />
had been disbursed by DOD and AID.<br />
Section 104(e): There were no funds provided for<br />
economic development grants in title I agreements<br />
signed during 1965. Grant funds generated by previous<br />
agreements continue to be used. As of June 30, 1965,<br />
the local currency equivalent of $1,203.4 million had<br />
been disbursed since the program began in 1954. Of<br />
this amount $329.6 million equivalent was disbursed<br />
during fiscal year 1965.<br />
Following restoration of civil order in<br />
the Congolese city of Albertville,<br />
grants of P.L. 480 local currencies ~r<br />
were utilized in the U.N. team effort<br />
to repairdamage and reestablish , ' ' .. ..<br />
economic life in the area. " , . . . . ,"<br />
39
Change language