United States yearbook - 1982 (1)

828 Foreign Commerce and Aid
No. 1476. U.S. Go v e r n m e n t f o r e ig n G r a n t s a n d c r e d it s : 1945 t o 1 9 8 1 — Con.
[In millions of dollars. S e e h e a d n o te , p. 6 2 7 ]
PROGRAM
P o st
W W I I
perio
d ,’
total
1 9 4 5 -
1955,
to ta l
m e ­
w s ,
to tal
1 9 6 6 -
1975,
lo ta !
1 9 7 6 -
1977,
to ta l
1978 1979 1980
1981,
p t e l
O th e r a s s is ta n c e (n e t accu m u latio n o f foreign
c u rre n c y c la im s ) n ............................................................. 1,759 541 2,802 - 1 ,2 8 0 - 9 3 - 5 2 -68 - 6 9 -11
D e v e lo p e d c o u n tr ie s 1 ......................................................... 242 190 3 30 —2Q3 - 5 6 - 2 3 - 2 4 - 1 6 4 6
D e v e lo p in g c o u n trie s \ ...................................................... 1,518 351 2,472 - 1 ,0 8 6 - 3 7 —29 - 4 5 - 5 1 - 5 7
C u rre n c y c la im s a c q u ir e d ................................................ 20,031 613 11,496 8,666 304 124 127 101 1 75
S a le s o f fa rm p ro d u c ts ................................................. 15,067 813 11,170 3,013 (z) (z) (Z) 1 6 9
S e c o n d -s ta g e o p e ra tio n s ....................................... 4,964 - 329 3,875 303 124 127 100 1 06
L e s s : C u rre n c ie s d is b u rs e d ............................................ 18,271 2 72 8,696 6 ,1 7 8 395 177 196 170 1 8 6
E c o n o m ic g ra n ts a n d credits to purchasing
c o u n try ............................................................................... 13,423 162 6,863 6 ,238 58 17 22 14 3 0
O t h e r u s e s ........................................................................... 4,849 90 1,833 1,940 336 160 175 156 156
- R e p re s e n ts z e ro . Z Less th an $ 5 0 0 ,0 0 0 . ‘ J u ly 1 , 1 9 4 5 , th ro u g h D e c . 3 1 , 1 9 6 1 . A ll (e n d -le a s e a n d c o n v e rs io n s o f
p rio r g r a n t s to c re d its a r e fro m V -J D ay (S e p t. 2 ,1 9 4 5 ) . i F o r d e ta ils , s e e ta b le 1 4 7 7 . 3 F o re ig n A s s is ta n c e A c t o f 1961 ( P .L
2 7 - 1 8 5 ) , a s a m e n d e d . A ls o Includes p re d e c e s s o r a n a re la te d p ro g ra m s . 4 In c lu d e s m ilita ry a s s is ta n c e u n d e r D e p t, o f D e fe n s e
A p p ro p ria tio n A c t, 1 9 6 6 (P .L , 8 9 - 3 9 4 ) a n d later acts. ’ In c lu d e s fu n d s m a d e a v a ila b le u n d e r P u b lic L a w 9 3 - 1 9 9 a n d s u b s e q u e n t
le g is la tio n to re le a s e Is ra e l from Its c o n tractu al liability to p a y fo r d e fe n s e a rtic le s a n d s e rv ic e s p u rc h a s e d u n d e r o th e r
le g is la tio n . 9 N e t n e w g ra n ts a re n o t a d ju sted fo r s e ttle m e n ts fo r p o s tw a r re lie f a n d o th e r g ra n ts u n d e r a g r e e m e n ts , a n d n e t
n e w c re d its e x c lu d e p rio r g ra n ts co n v e rte d Into credits, w h ich w e re a s follow s: Ju ly 1 9 4 5 - D e c e m b e r 1 9 5 5 , $ 2 ,1 9 8 m illio n ; 1 9 5 6 - 6 5 ,
$ 4 9 1 m illio n ; 1 9 7 2 , $ 9 9 4 m illion. R e p a y m e n ts o n th e s e s e ttle m e n ts a re in c lu d e d in n e t n e w c re d its . '’ D e v e lo p e d c o u n trie s
in c lu d e A u s tra lia , C a n a d a , J a p a n , N e w Z e a la n d , S o u th A fric a , all c o u n trie s lis te d u n d e r " W e s t e r n E u ro p e " in t a b le 1 4 7 7 , e x c e p t
P o rtu g a l, S p a in , Y u g o s la v ia , a n d M a lta , a n d all co u n tries lis te d u n d e r " E a s te rn E u ro p e ” in ta b le 1 4 7 7 . D e v e lo p in g c o u n trie s in c lu d e
ail o th e r c o u n trie s lis te d In ta b le 1 4 7 7 . ‘ A gricultural T ra d e D e v e lo p m e n t a n d A s s is ta n c e A c t ‘ O u ts ta n d in g c re d its o n D e c .
3 1 , 1 9 8 1 , to ta le d $ 5 8 ,2 5 2 m illion representin g n e t credits e x te n d e d s in c e o rg a n iza tio n o f E x p o rt-Im p o rt D a n k , F e b . 1 2 , 1 9 3 4 , le s s
o h a rg e o ffs a n d n e t a d ju s tm e n ts due to e x c h a n g e ra te s ($ 1 ,7 3 3 m illio n ), a n d e x c lu d in g W o rld W a r I d e b ts . T h e a m o u n t re p a y a b le in
do llars a t U .S . G o v e rn m e n t option w a s $ 5 6 ,1 1 9 m illion; th e re m a in d e r w a s re p a y a b le in fo re ig n c u rre n c ie s , c o m m o d itie s , o r
s e rv ic e s , a t th e o p tio n o f th e borrow ers. ’‘ C o m m o d ity C re d it C o rp o ra tio n C h a rte r A c t. 11 E q u iv a le n t v a lu e o f c u rre n c ie s still
a v a ila b le to b e u s e d , Inclu d in g s o m e fu n d s a d v a n c e d fro m fo re ig n g o v e rn m e n ts a n d a fte r lo s s b y e x c h a n g e r a te flu c tu a tio n s
($ 1 ,4 5 2 m illio n ), w a s 3 3 0 7 m illion on D e c . 3 1 , 1 9 6 1 . w In c lu d e s fo reig n c u rre n c ie s a c q u ire d fro m tria n g u la r tr a d e o p e ra tio n s a n d
p rin cip al a n d in te re s t co lle c tio n s on .cred its, originally e x te n d e d u n d e r P . L 6 3 - 4 6 0 , w h ic h — s in c e e n a c tm e n t o f P . L 6 7 - 1 2 8 — a r e
a v a ila b le fo r th e s a m e p u rp o s e s a s P .L 8 3 - 4 8 0 currencies.
S o u rc e ; U .S . B u re a u o f E conom ic A nalysis, p re s s re le a s e s a n d u n p u b lis h e d d a ta .
No. 1477. U.S. G o v e r n m e n t f o r e ig n G r a n t s and C re d its , by C o u n try : 1945 t o 1981
[In m illio n s o f d o lla r s . S e e text, pp. 8 1 7 a n d 8 1 8 . N e g a tiv e fig u res ( - ) o c c u r w h e n th e to ta l o f g r a n t re tu rn s , p rin cip al
re p a y m e n ts , a n d /o r fo re ig n curren cies d isbursed by th e U .S . G o v e rn m e n t e x c e e d s n e w g ra n ts a n d n e w c re d its u tilized a n d /o r
a c q u is itio n s o f fo re ig n cu rrencies through n ew s a les o f farm p ro d u c ts . S e e a ls o H isto rica l S tatistics, C olonial Times to 1970,
s e rie s U 7 5 - 1 8 6 ]
TYPE AND COUNTRY
P o st
W W 11
perio
d ,*
total
1 9 4 5 -
1965,
to ta l
1 9 5 6 -
1965,
total
1 9 6 6 -
1975,
to tal
1 9 7 6 -
1977,
to ta l
1978 1979 I9 6 0
1961,
p rel.
T o t a l, n e t .................................................................................. 223,141 55,134 47,317 68,851 14,680 7,998 7.B98 10,850 10,411
In v e s tm e n t in fin a n c ia l in s titu tio n s....................................... 9,337 635 655 2,719 1,972 8 67 551 796 1,142
A fric a n D e v e lo p m e n t F u n d ................................................. 25 _ _ 25 .. _ _ _
A s la n D e v e lo p m e n t B a n k .......................... 362 - 110 106 35 29 53 4 9
In te r-A m e ric a n D e v e lo p m e n t S a n k ........ 3,293 - 300 1,321 562 344 239 233 294
I n t i B a n k fo r R e c o n s t, a n d D e v e lo p m e n t................. 851 635 13 _
36 16 16 132
In te rn a tio n a l D e v e lo p m e n t A ssociation 4,654 320 1.275 1 ,279 412 241 471 6 5 5
In te rn a tio n a l F in a n c e C o rp o ra tio n .................................. 132 - 35 - - 38 26 22 11
U n d e r a s s is t a n c e p r o g r a m s ................................................ 213,804 64,499 46,662 66,132 12,709 7,132 7 ,3 4 7 10,055 9 ,269
M ilita ry g r a n t s a................... 70,764 16,445 19,159 28,720 2 ,106 817 1,070 1,529 9 1 9
W e s te r n E u ro p e (e x c l. G re e c e a n d T u rk e y )......... 17,715 9,580 6,554 6 9 2 165 118 140 173 94
N e a r E a s t 1 (in c l. G re e c e . T u rkey, E g yp t) a n d ....
S o u th A s ia ................... 14,719 2,061 3.073 4 ,007 1,449 604 7 8 7 1,231 7 0 8
A fric a (e x c l. E g y p t).... 446 7 166 2 25 2 6 7 6 4 6
F a r E a s t a n d P a c ific . 36,002 4,403 7,618 23,165 4 2 5 74 121 116 6 0
W e s te r n H e m is p h e re 1,415 236 712 3 6 4 3 0 14 9 6 2 5
U n s p e c ifie d a r e a s ....... 468 159 237 4 7 11 (Z) 6 . - 7
Other grants, credits, end other assistance
(through net accumulation of foreign
currency claims).. 143,040 38,054 27,503 37,412 10,603 6,315 6 ,2 7 7 6 ,5 2 6 8 ,3 5 0
D e v e lo p e d c o u n trie s 3 25.168 27,129 - 2 ,0 9 7 - 7 5 - 2 9 78 - 2 2 4 60 3 3 8
D e v e lo p in g c o u n t r ie s a..................................................... 117,852 10.925 29,600 37,487 10,633 6,237 6 ,5 0 0 8,458 8,012
S e e fo o tn o te s a t e n d o f table.