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INTERNATIONAL ASSISTANCE PROGRAMS Program and Financing in millions of dollars INTERNATIONAL SECURITY ASSISTANCE Federal Funds General and special funds Identification code Obligations by program activity Total obligations actual 1998 est 1999 est ECONOMIC SUPPORT FUND For necessary expenses to carry out the provisions of chapter 4 of part II to remain available until September Provided That of the funds appropriated under this heading not less than shall be available only for Israel which sum shall be available on a grant basis as a cash transfer and shall be disbursed within 30 days of enactment of this Act or by October whichever is later Provided further That not less than shall be available only for Egypt which sum shall be provided on a grant basis and of which sum cash transfer assistance may be provided with the understanding that Egypt will undertake significant economic reforms which are additional to those which were undertaken in previous fiscal years Provided further That in exercising the authority to provide cash transfer assistance for Israel the President shall ensure that the level of such assistance does not cause an adverse impact on the total level of nonmilitary exports from the United States to such country Provided further That of the funds appropriated under this heading not less than shall be made available for Jordan Provided further That of the funds made available under this heading in previous Acts making appropriations for foreign operations export financing and related programs notwithstanding any provision in any such heading in such previous Acts up to may be allocated or made available for programs and activities under this heading including the Middle East Peace and Stability Fund Provided further That in carrying out the previous proviso the President should seek to ensure to the extent feasible that not more than 1 percent of the amount specified in section 586 of this Act should be derived from funds that would otherwise be made available for any single country Provided further That funds provided for the Middle East Peace and Stability Fund by a country in the region under the authority of section 635 d of the Foreign Assistance Act of 1961 and funds made available for Jordan following the date of enactment of this Act from previous Acts making appropriations for foreign operations export financing and related programs shall count toward meeting the earmark contained in the fourth proviso under this heading Provided further That up to of funds under this heading in previous foreign operations export financing and related programs appropriations Acts that were reprogrammed for Jordan during fiscal year 1997 shall also count toward such earmark Provided further That in order to facilitate the implementation of the fourth proviso under this heading the requirement of section 515 of this Act or any similar provision of law shall not apply to the making available of funds appropriated for a fiscal year for programs projects or activities that were justified for another fiscal year Provided further That for fiscal year 1998 such portions of the notification required under section 653 of the Foreign Assistance Act of 1961 that relate to the Middle East may be submitted to the Congress as soon as practicable but no later than March Provided further That during fiscal year 1998 of the local currencies generated from funds made available under this heading for Guatemala by this Act and prior appropriations Acts the United States and Guatemala may jointly program the Guatemala quetzales equivalent of a total of up to for the purpose of retiring the debt owed by universities in Guatemala to the Inter American Development Bank expended of which not to exceed may be used notwithstanding any other provision of law to support victims of and programs related to the Holocaust Provided further That notwithstanding any provision in this or any other Act funds provided under this heading may be used to support the Bank for Economic Cooperation and Development in the Middle East and North Africa Foreign Operations Export Financing and Related Programs Appropriation Act Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unobligated balance transferred to other accounts 22 30 Unobligated balance expiring Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Transferred to other accounts Transferred from other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in expired accounts Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays This account supports U S foreign policy objectives by providing economic assistance to allies and countries in transition to democracy supporting the Middle East peace process and financing economic stabilization programs frequently in a multi donor context Key objectives include 1 Supporting strategically significant friends and allies through assistance designed to increase the role of the private sector in the economy reduce government controls over markets enhance job creation and improve economic growth 2 Developing and strengthening institutions necessary for sustainable democracy Typical areas of assistance include technical assistance to administer and monitor elections capacity building for non governmental organizations judicial training and women s participation in politics Assistance is also provided to support the transformation of the public sector to encourage democratic development including training to improve public administration promote decentralization strengthen local governments parliaments independent media and non governmental organizations 3 Strengthening the capacity to manage the human dimension of the transition to democracy and a market econ INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued ECONOMIC SUPPORT FUND Continued omy and to help sustain the neediest sectors of the population during the transition period Haiti The Administration is requesting a total of out of the total ESF appropriation for Haiti Haiti is at a pivotal juncture in its efforts to make the transformation to a democratic form of government and a free market economy The Administration believes these additional resources for Haiti will be especially beneficial to show continued support for Haiti following the scheduled conclusion of the United Nation s peacekeeping operations in Haiti at the end of November 1998 Holocaust Victims Relief This is a contribution toward the three year U S Government donation not to exceed 25 million for a multilateral program of financial relief to certain victims of Nazi persecution during World War II Grants from the fund will be provided through approved non governmental organizations with established administrative and organizational infrastructure to ensure the contributions are utilized only for the relief of living victims who have to date received little or no relief and currently live below the poverty line in their country of residence Object Classification in millions of dollars Identification code Direct obligations Other services Grants subsidies and contributions actual 1998 est 1999 est Subtotal direct obligations Allocation Account Grants subsidies and contributions Total obligations FOREIGN MILITARY FINANCING PROGRAM For expenses necessary for grants to enable the President to carry out the provisions of section 23 of the Arms Export Control Act Provided That of the funds appropriated under this heading not less than shall be available for grants only for Israel and not less than shall be made available for grants only for Egypt Provided further That the funds appropriated by this paragraph for Israel shall be disbursed within 30 days of enactment of this Act or by October whichever is later Provided further That to the extent that the Government of Israel requests that funds be used for such purposes grants made available for Israel by this paragraph shall as agreed by Israel and the United States be available for advanced weapons systems of which not less than shall be available for the procurement in Israel of defense articles and defense services including research and development Provided further That of the funds appropriated by this paragraph not less than shall be available for assistance for Jordan Provided further That during fiscal year 1998 the President is authorized to and shall direct drawdowns of defense articles from the stocks of the Department of Defense defense services of the Department of Defense and military education and training of an aggregate value of not less than under the authority of this proviso for Jordan for the purposes of part II of the Foreign Assistance Act of 1961 and any amount so directed shall count toward meeting the earmark in the previous proviso Provided further That section 506 c of the Foreign Assistance Act of 1961 shall apply and section 632 d of the Foreign Assistance Act of 1961 shall not apply to any such drawdown Provided further That of the funds appropriated by this paragraph a total of should be available for assistance for Estonia Latvia and Lithuania Provided further That none of the funds made available under this heading shall be available for any non NATO country participating in the Partnership for Peace Program except through the regular notification procedures of the Committees on Appropriations Provided further That funds appropriated by this paragraph shall be nonrepayable notwithstand ing any requirement in section 23 of the Arms Export Control Act Provided further That funds made available under this paragraph shall be obligated upon apportionment in accordance with paragraph 5 C of title 31 United States Code section 1501 a Provided further That of the funds appropriated or otherwise made available under this heading should be made available for the purpose of facilitating the integration of Poland Hungary and the Czech Republic into the North Atlantic Treaty Organization For the cost as defined in section 502 of the Congressional Budget Act of 1974 of direct loans authorized by section 23 of the Arms Export Control Act as follows cost of direct loans Provided That these funds are available to subsidize gross obligations for the principal amount of direct loans of not to exceed Provided further That the rate of interest charged on such loans shall be not less than the current average market yield on outstanding marketable obligations of the United States of comparable maturities Provided further That funds appropriated under this paragraph shall be made available for Greece and Turkey only on a loan basis and the principal amount of direct loans for each country shall not exceed the following only for Greece and only for Turkey None of the funds made available under this heading shall be available to finance the procurement of defense articles defense services or design and construction services that are not sold by the United States Government under the Arms Export Control Act unless the foreign country proposing to make such procurements has first signed an agreement with the United States Government specifying the conditions under which such procurements may be financed with such funds Provided That all country and funding level increases in allocations shall be submitted through the regular notification procedures of section 515 of this Act Provided further That none of the funds appropriated under this heading shall be available for Sudan and Liberia Provided further That funds made available under this heading may be used notwithstanding any other provision of law for demining the clearance of unexploded ordnance and related activities and may include activities implemented through nongovernmental and international organizations Provided further That only those countries for which assistance was justified for the Foreign Military Sales Financing Program in the fiscal year 1989 congressional presentation for security assistance programs may utilize funds made available under this heading for procurement of defense articles defense services or design and construction services that are not sold by the United States Government under the Arms Export Control Act Provided further That subject to the regular notification procedures of the Committees on Appropriations funds made available under this heading for the cost of direct loans may also be used to supplement the funds available under this heading for grants and funds made available under this heading for grants may also be used to supplement the funds available under this heading for the cost of direct loans Provided further That funds appropriated under this heading shall be expended at the minimum rate necessary to make timely payment for defense articles and services Provided further That not more than of the funds appropriated under this heading may be obligated for necessary expenses including the purchase of passenger motor vehicles for replacement only for use outside of the United States for the general costs of administering military assistance and sales Provided further That none of the funds under this heading shall be available for Guatemala Provided further That not more than of funds realized pursuant to section 21 e 1 A of the Arms Export Control Act may be obligated for expenses incurred by the Department of Defense during fiscal year pursuant to section 43 b of the Arms Export Control Act except that this limitation may be exceeded only through the regular notification procedures of the Committees on Appropriations Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Direct Program Activity GPRA Direct Program Activity GPRA Total obligations Budgetary resources available for obligation New budget authority gross INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS 23 95 New obligations New budget authority gross detail Appropriation Transferred from other accounts Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Total obligations Appropriation total Total new budget authority gross Budgetary resources available for obligation New budget authority gross New obligations Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested New budget authority gross detail Appropriation Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in expired accounts Unpaid obligations end of year Obligated balance Uninvested Net budget authority and outlays 89 00 Budget authority Outlays The foreign military financing FMF program enables selected friendly and allied countries to improve their ability to defend themselves by financing their acquisition of U S military articles services and training This account provides the grant financing portion of the FMF program Credit financing in the form of direct loans is provided in the FMF loan program account Object Classification in millions of dollars Identification code actual 1998 est 1999 est Other services Grants subsidies and contributions Total obligations Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays This assistance provides grants for military education and training to military and civilian students from foreign countries In addition to helping these countries move toward selfsufficiency in defending themselves this program also exposes foreign students to American democratic values particularly military respect for civilian rule and for internationally recognized standards of individual and human rights Object Classification in millions of dollars Identification code actual 1998 est 1999 est INTERNATIONAL MILITARY EDUCATION AND TRAINING For necessary expenses to carry out the provisions of section 541 of the Foreign Assistance Act of to remain available until September Provided That the civilian personnel for whom military education and training may be provided under this heading may include civilians who are not members of a government whose participation would contribute to improved civil military relations civilian control of the military or respect for human rights Provided further That funds appropriated under this heading for grant financed military education and training for Indonesia and Guatemala may only be available for expanded international military education and training and funds made available for Guatemala may only be provided through the regular notification procedures of the Committees on Appropriations Provided further That none of the funds appropriated under this heading may be made available to support grant financed military education and training at the School of the Americas unless 1 the Secretary of Defense certifies that the instruction and training provided by the School of the Americas is fully consistent with training and doctrine particularly with respect to the observance of human rights provided by the Department of Defense to United States military students at Department of Defense institutions whose primary purpose is to train United States military personnel 2 the Secretary of Defense certifies that the Secretary of State in consultation with the Secretary of Defense has developed and issued specific guidelines governing the selection and screening of candidates for instruction at the School of the Americas and 3 the Secretary of Defense submits to the Committees on Appropriations a report detailing the training activities of the School of the Americas and a general assessment regarding the performance of its graduates during Foreign Operations Export Financing and Related Programs Appropriation Act Supplies and materials Grants subsidies and contributions Subtotal direct obligations Below reporting threshold Total obligations MILITARY TO MILITARY CONTACT PROGRAM Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Total outlays gross Adjustments in expired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays This program financed expenses associated with direct contacts between U S military and the military establishments of Eastern Europe and the Baltic and Pacific regions These contacts were designed to promote the development of foreign 930 INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued MILITARY TO MILITARY CONTACT PROGRAM Continued military organizations that are non political loyal to civilian constitutional authority structured for defensive needs and respectful of human and individual rights PEACEKEEPING OPERATIONS For necessary expenses to carry out the provisions of section 551 of the Foreign Assistance Act of Provided That none of the funds appropriated under this heading shall be obligated or expended except as provided through the regular notification procedures of the Committees on Appropriations Foreign Operations Export Financing and Related Programs Appropriations Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations New budget authority gross detail Appropriation Transferred from other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in expired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays This account funds U S assistance to international efforts to monitor and maintain the peace in areas of special concern to the United States and provides funds to other related programs carried out in furtherance of the national security interests of the United States In 1999 contributions are planned for the Multinational Force and Observers in the Sinai Europe Africa and other regional programs and other activities Agency IAEA and a voluntary contribution to the Korean Peninsula Energy Development Organization KEDO and for a United States contribution to the Comprehensive Nuclear Test Ban Treaty Preparatory Commission Provided That of this amount not to exceed to remain available until expended may be made available for the Nonproliferation and Disarmament Fund notwithstanding any other provision of law to promote bilateral and multilateral activities relating to nonproliferation and disarmament Provided further That such funds may also be used for such countries other than the new independent states of the former Soviet Union and international organizations when it is in the national security interest of the United States to do so Provided further That such funds shall be subject to the regular notification procedures of the Committees on Appropriations Provided further That funds appropriated under this heading may be made available for the International Atomic Energy Agency only if the Secretary of State determines and so reports to the Congress that Israel is not being denied its right to participate in the activities of that Agency Provided further That not to exceed may be made available to the Korean Peninsula Energy Development Organization KEDO only for the administrative expenses and heavy fuel oil costs associated with the Agreed Framework Provided further That such funds may be obligated to KEDO only if 30 days prior to such obligation of funds the President certifies and so reports to Congress that 1 A the parties to the Agreed Framework are taking steps to assure that progress is made on the implementation of the January Joint Declaration on the Denuclearization of the Korean Peninsula and the implementation of the North South dialogue and B North Korea is complying with the other provisions of the Agreed Framework between North Korea and the United States and with the Confidential Minute 2 North Korea is cooperating fully in the canning and safe storage of all spent fuel from its graphite moderated nuclear reactors and that such canning and safe storage is scheduled to be completed by April and 3 North Korea has not significantly diverted assistance provided by the United States for purposes for which it was not intended Provided further That the President may waive the certification requirements of the preceding proviso if the President determines that it is vital to the national security interests of the United States Provided further That no funds may be obligated for KEDO until 30 calendar days after submission to Congress of the waiver permitted under the preceding proviso Provided further That the obligation of any funds for KEDO shall be subject to the regular notification procedures of the Committees on Appropriations Provided further That the Secretary of State shall submit to the appropriate congressional committees an annual report to be submitted with the annual presentation for appropriations providing a full and detailed accounting of the fiscal year request for the United States contribution to KEDO the expected operating budget of KEDO to include unpaid debt proposed annual costs associated with heavy fuel oil purchases and the amount of funds pledged by other donor nations and organizations to support KEDO activities on a per country basis and other related activities Provided further That of the funds made available under this heading up to may be made available to KEDO in addition to funds otherwise made available under this heading for KEDO if the Secretary of State certifies and reports to the Committees on Appropriations that except for the funds made available under this proviso funds sufficient to cover all outstanding debts owed by KEDO for heavy fuel oil have been provided to KEDO by donors other than the United States Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars NONPROLIFERATION ANTI TERRORISM DEMINING PROGRAMS AND RELATED For necessary expenses for nonproliferation anti terrorism and related programs and activities to carry out the provisions of chapter 8 of part II of the Foreign Assistance Act of 1961 for anti terrorism assistance section 504 of the FREEDOM Support Act for the Nonproliferation and Disarmament Fund section 23 of the Arms Export Control Act or the Foreign Assistance Act of 1961 for demining the clearance of unexploded ordnance and related activities notwithstanding any other provision of law including activities implemented through nongovernmental and international organizations section 301 of the Foreign Assistance Act of 1961 for a voluntary contribution to the International Atomic Energy Identification code actual 1998 est Obligations by program activity Comprehensive test ban treaty prepcom Demining Export control Nonproliferation and disarmament assistance Anti terrorism assistance IAEA voluntary contribution KEDO payment Science centers in NIS Total obligations object class est INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Outlays Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Status of Contract Authority in millions of dollars 1997 actual Identification code New budget authority gross detail Appropriation Transferred to other accounts Transferred from other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested est 1999 est Balance start of year Adjustments in expired accounts Offsetting collections applied to liquidate contract authority Balance end of year This account shows financial transactions related to the construction of two airfields in Israel that were part of the Camp David agreement The 1998 transactions are expected to be the last ones in this account Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays 89 00 Budget authority Outlays This account funds contributions to certain organizations supporting nonproliferation and provides assistance for nonproliferation demining antiterrorism and export control activities ASSISTANCE RELOCATION FACILITIES NON PROLIFERATION AND DISARMAMENT FUND Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations actual 1998 est 1999 est Budgetary resources available for obligation Unobligated balance available start of year Uninvested New obligations Unobligated balance available end of year Uninvested Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested ISRAEL 86 93 FOR OF IN Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Budgetary resources available for obligation Unobligated balance available start of year Uninvested Unobligated balance available end of year Uninvested New budget authority gross detail Spending authority from offsetting collections 68 00 Offsetting collections cash Portion applied to liquidate contract authority Spending authority from offsetting collections total Change in unpaid obligations 72 49 Unpaid obligations start of year Obligated balance Contract authority Total outlays gross Adjustments in expired accounts Unpaid obligations end of year Obligated balance Contract authority This account provided financial and technical assistance to support nonproliferation and disarmament efforts in foreign countries including education and training elimination of weapons of mass destruction and development of export control capabilities Starting in 1997 these activities have been funded from the Non Proliferation Anti Terrorism Demining and Related Programs account This schedule reflects the spend out of prior year obligations Object Classification in millions of dollars Identification code Other services Grants subsidies and contributions Total obligations actual 1998 est 1999 est Outlays gross detail Outlays from current balances Outlays from permanent balances Credit accounts FOREIGN MILITARY FINANCING LOAN PROGRAM ACCOUNT 87 00 Total outlays gross Unavailable Collections in millions of dollars Offsets Against gross budget authority and outlays 88 40 Offsetting collections cash from Non Federal sources Net budget authority and outlays 89 00 Budget authority Identification code actual Balance start of year Balance start of year Receipts 02 01 Downward reestimates of subsidies est est INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR Total subsidy budget authority Direct loan subsidy outlays 1340 Subsidy outlays FOREIGN MILITARY FINANCING LOAN PROGRAM ACCOUNT Continued Unavailable Collections in millions of dollars Continued Identification code Total Balances and collections Total balance end of year actual est 1997 actual Total subsidy outlays est Program and Financing in millions of dollars Identification code Credit accounts Continued FOREIGN MILITARY FINANCING DIRECT LOAN FINANCING ACCOUNT Program and Financing in millions of dollars Identification code est 1999 est Obligations by program activity 00 01 Direct program Direct program Direct program Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations Obligations by program activity Direct program Direct program Direct program Direct program est 1999 est actual 10 00 New budget authority gross detail Current 40 00 Appropriation Transferred to other accounts Appropriation total Permanent Appropriation indefinite Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Total obligations Budgetary resources available for obligation New financing authority gross New obligations Spending authority from offsetting collections total Total new financing authority gross Change in unpaid obligations Unpaid obligations start of year 72 40 Obligated balance Uninvested Receivables from program account New financing authority gross detail Authority to borrow indefinite Spending authority from offsetting collections 68 00 Offsetting collections cash Change in receivables from program account Portion applied to debt reduction Outlays gross detail Outlays from current balances Outlays from new permanent authority Total unpaid obligations start of year New obligations Total financing disbursements gross Unpaid obligations end of year Obligated balance Uninvested Receivables from program account Total outlays gross Total unpaid obligations end of year Total financing disbursements gross Net budget authority and outlays Budget authority Outlays Offsets Against gross financing authority and financing disbursements Offsetting collections cash from Federal sources 88 00 Federal sources Federal sources Non Federal sources As required by the Federal Credit Reform Act of 1990 this account records the subsidy costs associated with the direct loans obligated for foreign military financing committed in 1992 and beyond as well as the administrative expenses of this program The foreign military financing credit program provides loans that finance sales of defense articles defense services and design and construction services to foreign countries and international organizations The subsidy amounts are estimated on a present value basis the administrative expenses are estimated on a cash basis Total offsetting collections cash Change in receivables from program account Net financing authority and financing disbursements Financing authority Financing disbursements Summary of Loan Levels Subsidy Budget Authority and Outlays by Program in millions of dollars Identification code actual 1998 est Status of Direct Loans in millions of dollars 1999 est Direct loan levels supportable by subsidy budget authority 1150 Direct loan levels Total direct loan levels Direct loan subsidy in percent 1320 Subsidy rate Position with respect to appropriations act limitation on obligations 1111 Limitation on direct loans Unobligated direct loan limitation actual 1998 est 1999 est Identification code Weighted average subsidy rate Direct loan subsidy budget authority 1330 Subsidy budget authority Total direct loan obligations Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Direct loan disbursements Repayments Repayments and prepayments INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS 1290 Outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from direct loans for foreign military financing obligated in 1992 and beyond The foreign military financing credit program provides loans that finance sales of defense articles defense services and design and construction services to foreign countries and international organizations The amounts in this account are a means of financing and are not included in budget totals ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1106 Receivables net Net value of assets related to post 1991 direct loans receivable 1401 Direct loans receivable gross Interest receivable Allowance for subsidy cost Net present value of assets related to direct loans Other Federal assets Other assets Total assets LIABILITIES Federal liabilities 2103 Debt Other Total liabilities NET POSITION 3100 Appropriated capital actual 1997 actual Offsets Against gross budget authority and outlays Offsetting collections cash from Federal sources 88 00 Federal sources Federal sources Non Federal sources 88 40 Non Federal sources Non Federal sources est Net budget authority and outlays Budget authority Outlays Total offsetting collections cash est Balance Sheet in millions of dollars Identification code Status of Direct Loans in millions of dollars 1997 actual Identification code Outstanding end of year est Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Direct loan disbursements Repayments Repayments and prepayments Adjustments Capitalized interest Write offs for default Other adjustments net est Status of Guaranteed Loans in millions of dollars Total net position Total liabilities and net position actual Identification code Cumulative balance of guaranteed loans outstanding 2210 Outstanding start of year Repayments and prepayments Adjustments Terminations for default that result in loans receivable est 1999 est Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year Addendum Cumulative balance of defaulted guaranteed loans that result in loans receivable 2331 Disbursements for guaranteed loan claims Other adjustments net FOREIGN MILITARY LOAN LIQUIDATING ACCOUNT Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity 00 01 Direct program Direct program Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations Spending authority from offsetting collections total Total new budget authority gross New budget authority gross detail Appropriation indefinite Spending authority from offsetting collections Offsetting collections cash 68 00 Offsetting collections cash Offsetting collections cash Capital transfer to general fund Portion applied to debt reduction As required by the Federal Credit Reform Act of 1990 this account records all cash flows to and from the Government resulting from direct loans obligated and loan guarantees for foreign military financing committed prior to 1992 This account is shown on a cash basis and reflects the transactions resulting from loans provided to finance sales of defense articles defense services and design and construction services to foreign countries and international organizations All new foreign military financing credit activity in 1992 and beyond including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year is recorded in corresponding program and financing accounts Statement of Operations in millions of dollars 1996 actual 1997 actual Revenue Expense Net income or loss Net income or loss Identification code Change in unpaid obligations 73 10 New obligations Total outlays gross Outlays gross detail 86 97 Outlays from new permanent authority est 1999 est 934 INTERNATIONAL SECURITY ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR Credit accounts Continued FOREIGN MILITARY LOAN LIQUIDATING ACCOUNT Continued Balance Sheet in millions of dollars Identification code ASSETS Federal assets Fund balances with Treasury Net value of assets related to pre 1992 direct loans receivable and acquired defaulted guaranteed loans receivable 1601 Direct loans gross Interest receivable Direct loans and interest receivable net actual 1997 actual 1998 est 1999 est 1290 Total direct loan obligations Outstanding end of year Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Purchase of loans assets from a liquidating account Value of assets related to direct loans Total assets LIABILITIES Federal liabilities 2102 Interest payable Debt Other Total liabilities NET POSITION 3100 Appropriated capital Cumulative results of operations As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from restructuring foreign military loans The amounts in this account are a means of financing and are not included in budget totals Balance Sheet in millions of dollars Identification code Total net position Total liabilities and net position actual 1997 actual ASSETS Net value of assets related to post 1991 direct loans receivable 1401 Direct loans receivable gross Net present value of assets related to direct loans est 1999 est Total assets LIABILITIES 2103 Federal liabilities Debt Total liabilities Total liabilities and net position Object Classification in millions of dollars Program and Financing in millions of dollars Identification code actual Obligations by program activity Reimbursable program Reimbursable program est est 1998 est Investments and loans Interest and dividends Total obligations est INTERNATIONAL DEVELOPMENT ASSISTANCE MULTILATERAL ASSISTANCE 10 00 Total obligations Budgetary resources available for obligation New financing authority gross New obligations New financing authority gross detail 67 15 Authority to borrow indefinite Spending authority from offsetting collections Offsetting collections cash actual Identification code MILITARY DEBT REDUCTION FINANCING ACCOUNT Federal Funds Total new financing authority gross Change in unpaid obligations New obligations Total financing disbursements gross Total financing disbursements gross General and special funds INTERNATIONAL FINANCIAL INSTITUTIONS CONTRIBUTION TO THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT For payment to the International Bank for Reconstruction and Development by the Secretary of the Treasury for the United States contribution to the Global Environment Facility GEF to remain available until September expended Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code Offsets Against gross financing authority and financing disbursements 88 00 Offsetting collections cash from Federal sources Net financing authority and financing disbursements Financing authority Financing disbursements actual 1998 est 1999 est Position with respect to appropriations act limitation on obligations 1111 Limitation on direct loans actual Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Status of Direct Loans in millions of dollars Identification code Obligations by program activity Total obligations object class est est Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation MULTILATERAL ASSISTANCE Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross restrictions at the conclusion of the February 1997 IDA Deputies Meeting in Paris Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations Net budget authority and outlays 89 00 Budget authority Outlays New budget authority gross detail Appropriation The International Bank for Reconstruction and Development World Bank finances development projects in less developed countries By applying banking principles to the achievement of development goals it promotes increased economic productivity and helps developing economies meet more of the basic needs of their people The IBRD also plays a vital role in providing policy advice to borrowing countries assisting in donor coordination and promoting co financing The IBRD made new commitments of 14 5 billion during its 1997 fiscal year IBRD gross disbursements were 14 0 billion Since its establishment in 1945 the IBRD has made loans totalling 295 billion 147 for every 1 of U S paid in capital The Global Environment Facility GEF provides technical assistance and partial funding for developing country investments designed to provide global environmental benefits by reducing international water pollution and ozone depletion and by promoting biodiversity and energy conservation With its highly specific focus on global environmental issues where both costs and benefits are shared across international borders the GEF occupies a unique and increasingly important niche in the international financial institution system Its basic mission is to support innovative and cost effective pilot investments whose design and environmental benefits can be duplicated and financed elsewhere Under strong U S leadership flowing in part from our position as the largest donor on the GEF s governing Council the GEF has been making substantial progress in leveraging its limited resources The World Bank the UN Development Program the UN Environment Program and increasingly private investors provide substantial cofinancing for GEF projects Since its inception in 1994 total GEF commitments amount to about 1 7 billion triggering additional cofinancing of over 4 billion The initial U S commitment to the GEF in 1995 amounted to 430 million of which we have delivered 227 5 million As of the end of 1998 U S arrears will amount to 192 5 million The Administration is negotiating a GEF 2 replenishment and intends to limit its contributions to GEF 1 levels and will seek Congressional authorization to contribute 430 million to GEF over four years The 1999 request of 300 million would clear all arrears to GEF 1 and cover one year of annual commitments to the GEF s second funding cycle Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays The International Development Association IDA a member of the World Bank Group provides development financing on highly concessional terms to the world s poorest and least creditworthy nations These countries are primarily in SubSaharan Africa and South Asia but also in Latin America Eastern Europe and the former Soviet Union IDA places special emphasis on poverty alleviation environmental protection and economic reform and growth The IDA is the largest source of multilateral lending that is extended on concessional terms to developing countries Projects have to meet the same economic financial and environmental standards as other World Bank projects During its fiscal year 1997 IDA made new commitments of 4 6 billion and IDA s gross disbursements were 6 0 billion Since its establishment IDA has made commitments totalling 101 6 billion as of June The Tenth Replenishment of IDA provides donor country resources of about 18 billion The United States pledged 3 75 billion 20 86 percent share of all donor contributions to the replenishment The eleventh replenishment of IDA will provide total resources for new loan commitments of about 22 billion over the period The United States elected not to participate in 1997 the first year of the threeyear replenishment The United States pledged 1 6 billion for the last two years of the replenishment 15 percent of total donor contributions The 1999 request is 800 million for the final United States contribution to the eleventh replenishment CONTRIBUTION TO THE INTERNATIONAL DEVELOPMENT ASSOCIATION For payment to the International Development Association by the Secretary of the Treasury to remain available until expended of which shall be available to pay for the tenth replenishment Provided That none of the funds may be obligated or made available until the Secretary of the Treasury certifies to the Committees on Appropriations that procurement restrictions applicable to United States firms under the terms of the Interim Trust Fund have been lifted from all funds which Interim Trust Fund donors proposed to set aside for review of procurement CONTRIBUTION TO THE INTERNATIONAL FINANCE CORPORATION Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross MULTILATERAL ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued first U S contribution will not be requested before the year 2000 During World Bank FY 1997 the MIGA issued 70 guarantees with a maximum contingent liability of 614 million to facilitate aggregate direct investment of 4 7 billion There are no claims pending against MIGA INTERNATIONAL FINANCIAL INSTITUTIONS Continued CONTRIBUTION TO THE INTERNATIONAL FINANCE CORPORATION Continued Program and Financing in millions of dollars Continued Identification code New obligations New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested actual 1998 est 1999 est Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross CONTRIBUTION TO THE INTER AMERICAN DEVELOPMENT BANK For payment to the Inter American Development Bank by the Secretary of the Treasury for the United States share of the paidin share portion of the increase in capital stock and for the United States share of the increase in the resources of the Fund for Special Operations to remain available until expended LIMITATION ON CALLABLE CAPITAL SUBSCRIPTIONS The United States Governor of the Inter American Development Bank may subscribe without fiscal year limitation to the callable capital portion of the United States share of such capital stock in an amount not to exceed Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars 3 Identification code Net budget authority and outlays 89 00 Budget authority Outlays The International Finance Corporation IFC a member of the World Bank Group was established in 1956 to further economic development by encouraging the growth of private enterprise in developing countries The IFC provides technical assistance and mobilizes loans and equity investments for promising ventures The IFC is now playing an important role in the former Soviet Union and Eastern Europe s transition to free markets and private enterprise due to the IFC s special expertise in foreign investment capital markets development and privatization The U S completed its contributions to the IFC in 1997 The IFC is not expected to require any additional capital in the foreseeable future During World Bank FY 1997 the Corporation approved 246 new investments totalling 6 7 billion and net investments for the IFC s own account were 3 3 billion IFC s committed loan and equity portfolio for its own account was 10 5 billion as of June Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Unpaid obligations end of year Obligated balance Uninvested est Obligations by program activity Paid in capital Fund for special operations Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Program and Financing in millions of dollars 1997 actual 1998 est Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays CONTRIBUTION TO MULTILATERAL INVESTMENT GUARANTEE AGENCY Identification code actual 1998 est 1999 est Net budget authority and outlays 89 00 Budget authority Outlays The Multilateral Investment Guarantee Agency MIGA is an international development institution affiliated with the World Bank Group MIGA is designed to encourage the flow of foreign private investment to and among developing countries by 1 issuing guarantees against noncommercial risks and 2 carrying out a wide range of investment promotion activities Negotiations are now underway for MIGA s first General Capital Increase GCI and on related policy measures The The Inter American Development Bank IDB promotes sustainable economic growth and development poverty reduction private sector development and good governance in Latin America and the Caribbean through loans and technical assistance Since its inception in 1960 the Bank has lent over 90 billion The Bank lends money through 1 the Ordinary Capital window that lends at market based rates and 2 the Fund for Special Operations FSO which makes loans on concessional terms to the region s poorest nations The 1999 request includes 1 budget authority of 25 6 million for paid in capital subscriptions and million in program limitations for callable capital subscriptions for payments on the U S contribution to the IDB s eighth general MULTILATERAL ASSISTANCE Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS capital increase and 2 budget authority of 21 2 million for the final U S payment to the Eighth Replenishment of the FSO CONTRIBUTION TO THE ASIAN DEVELOPMENT BANK For payment to the Asian Development Bank by the Secretary of the Treasury for the United States share of the paid in portion of the increase in capital stock to remain available until expended LIMITATION ON CALLABLE CAPITAL SUBSCRIPTIONS The United States Governor of the Asian Development Bank may subscribe without fiscal year limitation to the callable capital portion of the United States share of such capital stock in an amount not to exceed CONTRIBUTION TO THE ASIAN DEVELOPMENT FUND For the United States contribution by the Secretary of the Treasury to the increases in resources of the Asian Development Fund as authorized by the Asian Development Bank Act as amended Public Law of which shall be available for contributions previously due to remain available until expended Foreign Operations Export Financing and Related Programs Appropriation Act in 1966 the ADB has loaned over 46 9 billion and the ADF has loaned over 19 1 billion The Bank has made cumulative equity investments of 428 million The 1999 request includes 1 budget authority of 13 2 million for paid in capital subscriptions and 647 9 million in program limitations for callable capital subscriptions for the fourth of six installments on the U S subscription to the ADB s fourth general capital increase and million in budget authority to participate in the sixth replenishment of ADF resources and to partially clear outstanding unmet commitments on the U S share of the 4 2 billion fifth replenishment of ADF resources CONTRIBUTION TO THE AFRICAN DEVELOPMENT FUND For the United States contribution by the Secretary of the Treasury to the increase in resources of the African Development Fund to remain available until expended and which shall be available for contributions previously due of which shall be for contributions previously due Foreign Operations Export Financing and Related Program Appropriations Act 1998 Program and Financing in millions of dollars Program and Financing in millions of dollars Identification code actual est 1999 est Obligations by program activity Paid in capital Asian development fund Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Identification code actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations New budget authority gross detail Appropriation Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays The Asian Development Bank ADB fosters broad based sustainable economic development poverty alleviation and cooperation in the Asia Pacific region The Bank lends at market based rates through its ordinary capital window and on highly concessional terms to the region s poorer nations through the Asian Development Fund ADF The United States successfully negotiated a 41 percent reduction in U S contributions to the seventh replenishment of the Asian Fund In 1997 the Bank lent 7 7 billion of its ordinary capital resources and extended loans and grants of 1 6 billion from its ADF resources for development projects Since its founding Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays The African Development Bank AFDB lends at marketbased rates for economic development in countries on the African continent The United States joined the AFDB in 1983 when membership was open to non regional countries In 1997 the AFDB financed 21 new projects worth 798 million Since its inception in 1963 the AFDB has financed 746 projects worth over 20 6 billion The African Development Fund AFDF the concessional lending affiliate of the African Development Bank makes loans to the poorest African nations The AFDF 7 replenishment negotiations which were concluded in May 1996 brought about far reaching and comprehensive restructuring and institutional reforms In 1997 the AFDF loaned 807 million for 84 projects By the end of 1997 and since its inception in 1974 cumulative AFDF lending totaled 11 4 billion for 1 267 development projects The 1999 request includes 155 million in budget authority 66 7 million for the third installment plus 88 3 million in arrears for the first two installments on the U S share of the seventh replenishment of AFDF resources 938 MULTILATERAL ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued NORTH AMERICAN DEVELOPMENT BANK INTERNATIONAL FINANCIAL INSTITUTIONS Continued CONTRIBUTION TO THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT For payment to the European Bank for Reconstruction and Development by the Secretary of the Treasury for the United States share of the paid in portion of the increase in capital stock to remain available until expended LIMITATION ON CALLABLE CAPITAL SUBSCRIPTIONS The United States Governor of the European Bank for Reconstruction and Development may subscribe without fiscal year limitation to the callable capital portion of the United States share of such capital stock in an amount not to exceed Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations object class Budgetary resources available for obligation 22 00 New budget authority gross New obligations New budget authority gross detail 40 00 Appropriation Change in unpaid obligations 72 40 Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested actual est 36 For payment to the North American Development Bank by the Secretary of the Treasury for the United States share of the paidin portion of the capital stock to remain available until expended of which shall be available for contributions previously due Provided That none of the funds appropriated under this heading that are made available for the Community Adjustment and Investment Program shall be used for purposes other than those set out in the binational agreement establishing the Bank Provided further That of the amount appropriated under this heading not more than may be expended for the purchase of such capital shares in fiscal year LIMITATION 1999 est 36 ON CALLABLE CAPITAL SUBSCRIPTIONS The United States Governor of the North American Development Bank may subscribe without fiscal year limitation to the callable capital portion of the United States share of the capital stock of the North American Development Bank in an amount not to exceed Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code actual 1999 est Budgetary resources available for obligation New budget authority gross New obligations Obligations by program activity Total obligations object class New budget authority gross detail Appropriation Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Net budget authority and outlays 89 00 Budget authority Outlays est The European Bank for Reconstruction and Development EBRD supports market oriented economic reform and democratic pluralism through predominately private sector lending and investments in the nations of Central and Eastern Europe and the former Soviet Union Over three quarters of projects approved in 1996 were in the private sector The United States and other shareholders signed the articles of agreement of the EBRD on May and the Bank officially began operating on April In April 1996 shareholders approved a doubling of EBRD s capital base from ECU 10 billion to ECU 20 billion approximately 24 billion The capital increase went into effect in April 1997 with the U S subscribing to its shares on December Under the capital increase paid in contributions constitute 22 5 percent of total capital with the remainder callable The annual payment for the U S s ten percent share dropped from 70 million under the initial subscription to 35 8 million under the capital increase At the end of 1996 the EBRD had approved over 450 loans and investments totalling 12 4 billion The 1999 request consists of 35 8 million in budget authority for paid in capital subscriptions and 123 2 million in program limitations for callable capital subscriptions for the second of eight installments on the U S subscription to the general capital increase Total outlays gross Net budget authority and outlays Budget authority Outlays The North American Development Bank NADBank provides 2 3 billion in financing for high priority environmental infrastructure projects in the border region and more broadly within the United States for NAFTA related community adjustment and investment The Bank has begun its environmental lending and guarantee operations in both the United States and Mexico NADBank operations provide significant direct benefits to U S citizens particularly those in the border states The NADBank s capital shares 450 million in paid in and 2 55 billion in callable capital were contributed equally by the United States and Mexico over a four year period The final U S installment was appropriated in 1998 The NADBank will finance environmental infrastructure projects that have been certified by the U S Mexican Border Environment Cooperation Commission BECC an institution designed to assist border states and local communities in coordinating border clean up Communities on both sides of the border have long been plagued by problems such as raw sewage dumped in boundary waters unsafe drinking water and inadequate municipal waste disposal Based on its paidin and callable capital the NADBank will be able to provide partial guarantees of private sector financing and borrow in capital markets to provide loans to help finance the projects certified by the BECC The NADBank has begun its environ MULTILATERAL ASSISTANCE Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS mental lending operations and approved financing for four projects in 1997 In addition 10 percent of the U S and Mexican shares of NADBank will be available for NAFTA related community adjustment and investment in both countries which need not be in the border region In 1999 the Administration proposes that 37 million be appropriated for the Community Adjustment and Investment Program CAIP This appropriation is sought in the Treasury chapter as a domestic assistance program The Secretary of Treasury would have the authority to transfer CAIP funds to the NADBank or other Federal agencies to assist in carrying out the program The CAIP offers financing directly and through existing federal credit programs such as those run by the Small Business Administration to both new and existing businesses within communities that suffered job losses as a result of changing trade patterns with Canada and Mexico The program launched its lending operations during 1997 An Advisory Committee which includes low income community representatives and non governmental organizations helps ensure broad public participation in the community adjustment window of the NADBank 939 investment constraints for investment in human capital and for business infrastructure and development The 1999 request for the MIF is 50 million for partial payment of outstanding U S commitments to the U S share of MIF resources DEPARTMENT OF THE TREASURY INTERNATIONAL AFFAIRS TECHNICAL ASSISTANCE PROGRAM Legislative proposal not subject to PAYGO Program and Financing in millions of dollars Identification code actual 1998 est 1999 est TO ENTERPRISE FOR THE AMERICAS MULTILATERAL INVESTMENT FUND For payment to the Enterprise for the Americas Multilateral Investment Fund by the Secretary of the Treasury for the United States contribution to the Fund to be administered by the Inter American Development Bank to remain available until expended which shall be available for contributions previously due Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays The Multilateral Investment Fund MIF is a component of the Enterprise for the Americas Initiative a program to unlock the potential for domestic and foreign investment and encourage market based capital flows The MIF administered by the Inter American Development Bank is a multilateral fund which provides grants and loans to support privatesector development and investment sector reforms Special consideration is given to reforms that encourage private foreign direct investment and promote privatization Grants and loans are used for technical assistance to identify and resolve Obligations by program activity Technical assistance Total obligations Budgetary resources available for obligation New budget authority gross New obligations CONTRIBUTION 00 01 New budget authority gross detail Appropriation Change in unpaid obligations New obligations Unpaid obligations end of year Obligated balance Uninvested Net budget authority and outlays Budget authority Outlays This account will provide technical assistance to other countries in support of the responsibilities of the U S Treasury Department to formulate conduct and coordinate the international financial policies of the United States In addition to overseeing U S interests in the work of international financial institutions including the International Monetary Fund the World Bank and the various regional development banks the Treasury Department frequently has the lead responsibility for implementing fiscal and financial policy aspects of U S foreign policy toward individual countries Technical assistance provided through this account will facilitate key short and medium term reforms in the policy and management areas of budget tax government debt financial institutions and financial crimes enforcement Using funding provided under the SEED and Freedom Support Acts U S Treasury Department advisors have provided policy and management advice in the areas described above to countries in Eastern Europe and the former Soviet Union in their transition to market economies and democratic fiscal structures Beginning in 1997 advisors have also provided assistance using funding from USAID Development Assistance and the Economic Support Fund to the governments of South Africa and Haiti The flexibility provided by direct funding will permit the Department to be responsive when governments make decisions to implement key fiscal and financial reforms and allow it to act quickly to help these governments strengthen governmental fiscal and financial institutions during crucial transition periods toward marketoriented economies The proposed 5 million appropriation will fully fund approximately 10 resident advisors including selected administrative costs and intermittent expert visits in support of the advisors This appropriation will permit the continuation of the program in Haiti expansion of the program in southern Africa and implementation of programs in other emerging market economies The Treasury Department will closely coordinate with international financial institutions and with USAID the Department of State and other relevant U S 940 MULTILATERAL ASSISTANCE Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued DEPARTMENT OF THE TREASURY INTERNATIONAL AFFAIRS ASSISTANCE PROGRAM Continued TECHNICAL Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Government agencies when determining where its technical assistance program can have the greatest positive impact Outlays gross detail Outlays from new current authority Outlays from current balances Object Classification in millions of dollars Total outlays gross Net budget authority and outlays Budget authority Outlays Identification code actual 1998 est 1999 est 99 5 Direct obligations Grants subsidies and contributions Below reporting threshold Total obligations Status of Direct Loans in millions of dollars 1997 actual Identification code INTERNATIONAL ORGANIZATIONS AND PROGRAMS For necessary expenses to carry out the provisions of section 301 of the Foreign Assistance Act of 1961 and of section 2 of the United Nations Environment Program Participation Act of Provided That none of the funds appropriated under this heading shall be made available for the United Nations Fund for Science and Technology Provided further That none of the funds appropriated under this heading that are made available to the United Nations Population Fund UNFPA shall be made available for activities in the People s Republic of China Provided further That not more than of the funds appropriated under this heading may be made available to UNFPA Provided further That not more than one half of this amount may be provided to UNFPA before March and that no later than February the Secretary of State shall submit a report to the Committees on Appropriations indicating the amount UNFPA is budgeting for the People s Republic of China in 1998 Provided further That any amount UNFPA plans to spend in the People s Republic of China in 1998 shall be deducted from the amount of funds provided to UNFPA after March pursuant to the previous provisos Provided further That with respect to any funds appropriated under this heading that are made available to UNFPA UNFPA shall be required to maintain such funds in a separate account and not commingle them with any other funds Provided further That none of the funds appropriated under this heading may be made available to the Korean Peninsula Energy Development Organization KEDO or the International Atomic Energy Agency IAEA Provided further That not less than should be made available to the World Food Program Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity UNICEF UN development program UN population fund Various other organizations Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Total budgetary resources available for obligation New obligations New budget authority gross detail Appropriation Transferred from other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Outstanding end of year In addition to its assessed payments the United States contributes to voluntary funds of over 25 international organizations and programs involved in a wide range of sustainable development humanitarian and scientific activities Any funds made available for United Nations Population Fund will not be used for activities in the People s Republic of China and will be maintained in a separate account and not commingled with any other funds Credit accounts DEBT RESTRUCTURING For the cost as defined in section 502 of the Congressional Budget Act of 1974 of modifying direct loans and loan guarantees as the President may determine for which funds have been appropriated or otherwise made available for programs within the International Affairs Budget Function 150 including the cost of selling reducing or canceling amounts through debt buybacks and swaps owed to the United States as a result of concessional loans made to eligible Latin American and Caribbean countries pursuant to part IV of the Foreign Assistance Act of 1961 of modifying concessional loans extended to credit agreements with least developed countries as authorized under section 411 of the Agricultural Trade Development and Assistance Act of 1954 as amended and of modifying any obligation or portion of such obligation for Latin American countries of Honduras to pay for purchases of United States agricultural commodities guaranteed by the Commodity Credit Corporation under export credit guarantee programs authorized pursuant to section 5 f of the Commodity Credit Corporation Charter Act of June as amended section 4 b of the Food for Peace Act of 1966 as amended Public Law or section 202 of the Agricultural Trade Act of 1978 as amended Public Law to remain available until expended Provided That not to exceed of such funds may be used for implementation of improvements in the foreign credit reporting system of the United States Government Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Unavailable Collections in millions of dollars Identification code Balance start of year 01 99 Balance start of year Total balance end of year est est Cumulative balance of direct loans outstanding 1210 Outstanding start of year Repayments Repayments and prepayments actual 1998 est est Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Paris club debt reduction Jordan debt reduction Africa concessional debt initiative AGENCY FOR INTERNATIONAL DEVELOPMENT Federal Funds INTERNATIONAL ASSISTANCE PROGRAMS 10 00 Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Change in unpaid obligations New obligations Total outlays gross Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays proximately 325 million in the face value of concessional debts for qualifying African countries Funds allocated within the debt restructuring account are fungible between these two programs to allow sufficient flexibility in effecting international commitments The resulting cash flows from debt reduction are recorded in the debt reduction financing and liquidating accounts for the Export Import Bank foreign military loans the Department of Agriculture s G S M Honduras only and P L 480 programs and the Agency for International Development Debt Buyback Swap Program For Latin America and the Caribbean the Administration proposes that debt reduction be effected at zero cost through buybacks and swaps of eligible concessional debt linked to commitment of local currency payments to support environment or child survival projects The Administration will be seeking new authority for nocost buybacks and swaps of P L 480 concessional debt and the approval of the Appropriations Committee for this program AGENCY FOR INTERNATIONAL DEVELOPMENT Federal Funds Paris Club Debt Reduction For the poorest countries debt reduction provides an incentive to implement macroeconomic and structural reforms necessary to improve economic performance and creditworthiness The combination of economic reform and debt reduction contribute to growth and sustained development which can mean greater opportunities for U S commercial interests in these countries For the poorest and most heavily indebted countries debt reduction will be undertaken in concert with the Paris Club of creditor nations including extraordinary debt reduction under the Heavily Indebted Poor Countries HIPC debt initiative The Administration anticipates that 37 million in appropriations will fund debt reduction under Naples and HIPC terms for qualifying countries This request level combined with funds previously appropriated will allow the U S in to provide approximately 1 5 billion in face value debt reduction for the poorest countries potentially including Cameroon Cote d Ivoire Mozambique Tanzania Uganda Bolivia and Nicaragua For agreements implemented in the remainder of FY 1998 and subsequently the Administration intends to obligate funds for debt reduction at the date of the signing of a bilateral framework agreement to be concluded at the time of the signing of the Paris Club Agreed Minute rather than 30 days after the conclusion of a formal U S bilateral debt agreement as is currently the practice This change of date for budget cost obligations is appropriate because the Paris Club Agreed Minute is the date when the U S Government commits politically to reducing debt for a particular country Concessional Debt Reduction for Africa The President announced the Partnership for Growth and Opportunity in Africa on June The Africa Initiative will target countries undertaking the boldest economic reforms to receive the maximum benefits from the program Such reforms will encompass governance issues macroeconomic policy trade and investment policy and investment in people The best way the United States can support Africa is by making trade and investment not just aid the centerpiece of our economic relations To support African economic reform efforts the Administration at the discretion of the President will offer to provide 100 debt reduction of concessional debt owed to the United States This 100 debt reduction program will complement Administration efforts to maximize debt relief for the most heavily indebted poor countries under the HIPC debt initiative The Administration anticipates that 35 million in appropriations will fund 100 debt reduction for ap General and special funds SUSTAINABLE DEVELOPMENT ASSISTANCE INCLUDING TRANSFER OF FUNDS For necessary expenses to carry out the provisions of sections 103 through 106 and chapter 10 of part I of the Foreign Assistance Act of 1961 title V of the International Security and Development Cooperation Act of 1980 Public Law and the provisions of section 401 of the Foreign Assistance Act of to remain available until September expended Provided That of the amount appropriated under this heading up to may be made available for the Inter American Foundation and shall be apportioned directly to that agency Provided further That of the amount appropriated under this heading up to may be made available for the African Development Foundation and shall be apportioned directly to that agency Provided further That none of the funds made available in this Act nor any unobligated balances from prior appropriations may be made available to any organization or program which as determined by the President of the United States supports or participates in the management of a program of coercive abortion or involuntary sterilization Provided further That none of the funds made available under this heading may be used to pay for the performance of abortion as a method of family planning or to motivate or coerce any person to practice abortions and that in order to reduce reliance on abortion in developing nations funds shall be available only to voluntary family planning projects which offer either directly or through referral to or information about access to a broad range of family planning methods and services Provided further That in awarding grants for natural family planning under section 104 of the Foreign Assistance Act of 1961 no applicant shall be discriminated against because of such applicant s religious or conscientious commitment to offer only natural family planning and additionally all such applicants shall comply with the requirements of the previous proviso Provided further That for purposes of this or any other Act authorizing or appropriating funds for foreign operations export financing and related programs the term motivate as it relates to family planning assistance shall not be construed to prohibit the provision consistent with local law of information or counseling about all pregnancy options Provided further That nothing in this paragraph shall be construed to alter any existing statutory prohibitions against abortion under section 104 of the Foreign Assistance Act of 1961 Provided further That notwithstanding section 109 of the Foreign Assistance Act of 1961 of the funds appropriated under this heading in this Act and of the unobligated balances of funds previously appropriated under this heading not to exceed shall may be transferred to International Organizations and Programs for a contribution to the International Fund for Agricultural Development IFAD and that any such transfer of funds shall be subject to the regular notification procedures of the Commit 942 AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued General and special funds Continued SUSTAINABLE DEVELOPMENT ASSISTANCE Continued INCLUDING TRANSFER OF FUNDS Continued tees on Appropriations Provided further That of the funds appropriated under this heading that are made available for assistance programs for displaced and orphaned children and victims of war not to exceed in addition to funds otherwise available for such purposes may be used to monitor and provide oversight of such programs Provided further That none of the funds made available under this heading may be used for any activity which is in contravention to the Convention on International Trade in Endangered Species of Flora and Fauna CITES THE BUDGET FOR FISCAL YEAR 1999 pended at the minimum rate necessary to make timely payment for projects and activities Provided further That funds made available under this heading shall remain available until September Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Functional development assistance Reimbursable program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations CYPRUS Of the funds appropriated under the headings Development Assistance and Economic Support Fund not less than shall be made available for Cyprus to be used only for scholarships administrative support of the scholarship program bicommunal projects and measures aimed at reunification of the island and designed to reduce tensions and promote peace and cooperation between the two communities on Cyprus BURMA Of the funds appropriated under the headings Development Assistance and Economic Support Fund not less than shall be made available to support activities in Burma along the Burma Thailand border and for activities of Burmese student groups and other organizations located outside Burma Provided That funds made available for Burma related activities under this heading may be made available notwithstanding any other provision of law Provided further That provision of such funds shall be made available subject to the regular notification procedures of the Committees on Appropriations INTERNATIONAL FUND FOR IRELAND For necessary expenses to carry out the provisions of chapter 4 of part II of the Foreign Assistance Act of which shall be available for the United States contribution to the International Fund for Ireland and shall be made available in accordance with the provisions of the Anglo Irish Agreement Support Act of 1986 Public Law Provided That such amount shall be ex Appropriation total Permanent Spending authority from offsetting collections Offsetting collections cash Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in expired accounts Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested AND VOLUNTARY ORGANIZATIONS None of the funds appropriated or otherwise made available by this Act for development assistance may be made available to any United States private and voluntary organization except any cooperative development organization which obtains less than 20 percent of its total annual funding for international activities from sources other than the United States Government Provided That the requirements of the provisions of section 123 g of the Foreign Assistance Act of 1961 and the provisions on private and voluntary organizations in title II of the Foreign Assistance and Related Programs Appropriations Act 1985 as enacted in Public Law shall be superseded by the provisions of this section except that the authority contained in the last sentence of section 123 g may be exercised by the Administrator with regard to the requirements of this paragraph Funds appropriated or otherwise made available under title II of this Act should be made available to private and voluntary organizations at a level which is at least equivalent to the level provided in fiscal year 1995 Such private and voluntary organizations shall include those which operate on a not for profit basis receive contributions from private sources receive voluntary support from the public and are deemed to be among the most cost effective and successful providers of development assistance Foreign Operations Export Financing and Related Programs Appropriation Act Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Current 40 00 Appropriation Transferred to other accounts CAMBODIA None of the funds appropriated in this Act may be made available for the Government of Cambodia Provided That the restrictions under this heading shall not apply to humanitarian demining or election related programs or activities Provided further That such funds shall be subject to the regular notification procedures of the Committees on Appropriations Provided further That 30 days after enactment of this Act the President shall report to the Committees on Appropriations on the results of the FBI investigation into the bombing attack in Phnom Penh on March PRIVATE Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Offsets Against gross budget authority and outlays 88 45 Offsetting collections cash from Offsetting governmental collections Net budget authority and outlays Budget authority Outlays Sustainable Development Assistance Program The Sustainable Development Assistance account funds sustainable development assistance activities that are not related to child survival disease prevention and basic education While these latter activities are funded in the Child Survival and Disease Programs account the Sustainable Development Assistance account funds programs in the areas of economic growth democracy family planning and global environment However activities funded through both accounts are key components of AID s principle mission of supporting the people of developing and transitional countries in their efforts to achieve sustainable economic and social progress These activities support five key USAID strategic goals 1 Encouraging broad based economic growth and agricultural development with the objectives of expanding and strengthening critical private markets achieving enhanced AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS agricultural development and food security and expanding access to economic opportunity for the rural and urban poor 2 Strengthening democracy and good governance with the objectives of strengthening the rule of law and respect for human rights of both men and women encouraging credible and competitive political processes promoting the development of a politically active civil society and encouraging more transparent and accountable government institutions 3 Building human capacity through education and training with the objectives of expanding access to quality basic education especially for girls and women and increasing the contributions of institutions of higher education to sustainable development 4 Stabilizing the world population and protecting human health with the objectives of reducing unintended pregnancies improving infant and child health and nutrition and reducing infant and child mortality reducing deaths nutrition insecurity and adverse health outcomes to women as a result of pregnancy and child birth reducing HIV transmission and the impact of the HIV AIDS pandemic in developing countries and reducing the threat of infectious diseases of major public health importance 5 Protecting the world s environment with the objectives of preparing national environmental management strategies improving conservation of biologically significant habitats reducing the rate of growth of net emissions of greenhouse gases increasing the access of urban populations to adequate environmental services conserving energy through increased efficiency and reliance on renewable sources and reducing the loss of forest area The 1999 Request for Sustainable Development Assistance includes funding for two Presidential Initiatives 1 African Trade and Investment which includes a 30 million request for USAID to provide assistance to countries that are attempting to implement critical economic policy reforms The purpose of this assistance is to expand the number of African countries that can attract U S and other foreign trade and investment By doing so these countries should be able to increase economic growth and employment and reduce poverty The initiative will provide a combination of program and technical assistance to African nations that have demonstrated a clear commitment to economic reform to help them design and implement trade and investment related legal and institutional reforms By increasing the access of these countries to trade and investment this initiative will support the broader Africa initiative that was proposed by the President and has been supported by the Congress 2 Summit of the Americas which includes a 20 million request for USAID to provide assistance in support of the key summit goals of increased access to basic education reduced levels of poverty and achievement of hemispheric free trade Specific AID activities to be funded will include expansion of basic education in remote areas support for increased access to micro finance and technical assistance to improve legal and institutional reforms necessary to reduce barriers to trade and investment While exact allocations of Child Survival and Sustainable Development Assistance funds will not be determined until funds are actually appropriated notional allocations by region and by strategic goal are shown below amounts are in millions of dollars 943 Population Health Nutrition Environment Democracy Total The above figures include the amounts for which permissive transfers for the Development Credit Authority and the International Fund for Agricultural Development were requested Object Classification in millions of dollars 1997 actual Identification code est 1999 est Direct obligations Transportation of things Rental payments to others Advisory and assistance services Other services Supplies and materials Grants subsidies and contributions Subtotal direct obligations Reimbursable obligations Total obligations CHILD SURVIVAL AND DISEASE PROGRAMS FUND For necessary expenses to carry out the provisions of chapters 1 and 10 of part I of the Foreign Assistance Act of 1961 for child survival basic education assistance to combat tropical and other diseases and related activities in addition to funds otherwise available for such purposes to remain available until expended Provided That this amount shall be made available for such activities as 1 immunization programs 2 oral rehydration programs 3 health and nutrition programs and related education programs which address the needs of mothers and children 4 water and sanitation programs 5 assistance for displaced and orphaned children 6 programs for the prevention treatment and control of and research on tuberculosis HIV AIDS polio malaria and other diseases and 7 up to for basic education programs for children and 8 a contribution on a grant basis to the United Nations Children s Fund UNICEF pursuant to section 301 of the Foreign Assistance Act of Foreign Operations Export Financing and Related Programs Appropriations Act 1998 Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Direct program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Total Strategic Goal Allocations Economic Growth Human Capacity Development New budget authority gross detail Appropriation Transferred to other accounts Regional Allocations Africa Asia Near East Latin America Caribbean Global Other Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued CHILD SURVIVAL AND DISEASE PROGRAMS FUND Continued Program and Financing in millions of dollars Continued 1997 actual Identification code Outlays gross detail Outlays from new current authority Outlays from current balances est 1999 est Total outlays gross Net budget authority and outlays Budget authority Outlays This program provides economic resources to developing countries to support programs to 1 improve infant and child health nutrition with the aim of reducing infant and child mortality rates 2 reduce HIV transmission and the impact of the HIV AIDS pandemic in developing countries 3 reduce the threat of infectious diseases of major public health importance such as polio and malaria and 4 expand access to quality basic education especially for girls and women Object Classification in millions of dollars 1997 actual Identification code Travel and transportation of persons Other services Grants subsidies and contributions Total obligations ASSISTANCE FOR EASTERN EUROPE 1998 est 1999 est AND THE BALTIC STATES a For necessary expenses to carry out the provisions of the Foreign Assistance Act of 1961 and the Support for East European Democracy SEED Act of to remain available until September which shall be available notwithstanding any other provision of law for economic assistance and for related programs for Eastern Europe and the Baltic States b Funds appropriated under this heading or in prior appropriations Acts that are or have been made available for an Enterprise Fund may be deposited by such Fund in interest bearing accounts prior to the Fund s disbursement of such funds for program purposes The Fund may retain for such program purposes any interest earned on such deposits without returning such interest to the Treasury of the United States and without further appropriation by the Congress Funds made available for Enterprise Funds shall be expended at the minimum rate necessary to make timely payment for projects and activities c Funds appropriated under this heading shall be considered to be economic assistance under the Foreign Assistance Act of 1961 for purposes of making available the administrative authorities contained in that Act for the use of economic assistance d None of the funds appropriated under this heading may be made available for new housing construction or repair or reconstruction of existing housing in Bosnia and Herzegovina unless directly related to the efforts of United States troops to promote peace in said country e With regard to funds appropriated or otherwise made available under this heading for the economic revitalization program in Bosnia and Herzegovina and local currencies generated by such funds including the conversion of funds appropriated under this heading into currency used by Bosnia and Herzegovina as local currency and local currency returned or repaid under such program 1 the Administrator of the Agency for International Development shall provide written approval for grants and loans prior to the obligation and expenditure of funds for such purposes and prior to the use of funds that have been returned or repaid to any lending facility or grantee and 2 the provisions of section 532 of this Act shall apply f The President is authorized to withhold funds appropriated under this heading made available for economic revitalization pro grams in Bosnia and Herzegovina if he determines and certifies to the Committees on Appropriations that the Federation of Bosnia and Herzegovina has not complied with article III of annex 1 A of the General Framework Agreement for Peace in Bosnia and Herzegovina concerning the withdrawal of foreign forces and that intelligence cooperation on training investigations and related activities between Iranian officials and Bosnian officials has not been terminated g Not to exceed of the funds appropriated under this heading may be made available for Bosnia and Herzegovina exclusive of assistance for police training h Not to exceed of the funds made available for Bosnia and Herzegovina may be made available for the cost as defined in section 502 of the Congressional Budget Act of 1974 of modifying direct loans and loan guarantees for said country Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unobligated balance transferred to other accounts 1997 actual 1998 est 1999 est Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Transferred to other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays This account provides funds to promote country specific strategies that build on common region wide strategic goals including economic restructuring democratic transition and social stabilization Authorized Support for Eastern European Democracy SEED programs concentrate on a the development of market economies and a strong private sector b the development and strengthening of institutions necessary for sustainable democracy and c the improvement of the basic quality of life in selected areas This interagency program is coordinated out of the State Department s Bureau of European and Canadian Affairs The single largest SEED program funded in this account is Bosnia which remains a major Administration priority Reconstruction needs and support for local police continue to be significant in this country as it moves towards stability AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS and normalcy The request for 1999 also includes 12 5 million for the first of four tranches to capitalize a 100 million trust fund on a 50 50 basis in a public private partnership with a number of U S foundations This trust is designed to help sustain support for democracy and economic reform through support for non governmental organizations in countries where U S direct assistance has been phased out Object Classification in millions of dollars 1997 actual Identification code Direct obligations Personnel compensation Special personal services payments Travel and transportation of persons Advisory and assistance services Other services Grants subsidies and contributions est 1999 est Subtotal direct obligations Allocation Account Grants subsidies and contributions Total obligations ASSISTANCE FOR THE NEW INDEPENDENT STATES SOVIET UNION 652 OF THE 463 FORMER a For necessary expenses to carry out the provisions of chapter 11 of part I of the Foreign Assistance Act of 1961 and the FREEDOM Support Act for assistance for the new independent states of the former Soviet Union and for related programs to remain available until September Provided That the provisions of such chapter shall apply to funds appropriated by this paragraph b None of the funds appropriated under this heading shall be made available to the Government of Russia 1 unless that government is making progress in implementing comprehensive economic reforms based on market principles private ownership negotiating repayment of commercial debt respect for commercial contracts and equitable treatment of foreign private investment 2 if that government applies or transfers United States assistance to any entity for the purpose of expropriating or seizing ownership or control of assets investments or ventures and 3 funds may be furnished without regard to this subsection if the President determines that to do so is in the national interest c None of the funds appropriated under this heading shall be made available to any government of the new independent states of the former Soviet Union if that government directs any action in violation of the territorial integrity or national sovereignty of any other new independent state such as those violations included in the Helsinki Final Act Provided That such funds may be made available without regard to the restriction in this subsection if the President determines that to do so is in the national security interest of the United States Provided further That the restriction of this subsection shall not apply to the use of such funds for the provision of assistance for purposes of humanitarian and refugee relief d None of the funds appropriated under this heading for the new independent states of the former Soviet Union shall be made available for any state to enhance its military capability Provided That this restriction does not apply to demilitarization demining or nonproliferation programs e Funds appropriated under this heading shall be subject to the regular notification procedures of the Committees on Appropriations f Funds made available in this Act for assistance to the new independent states of the former Soviet Union shall be subject to the provisions of section 117 relating to environment and natural resources of the Foreign Assistance Act of g b Funds appropriated under title II of this Act including funds appropriated under this heading may be made available for assistance for Mongolia Provided That funds made available for assistance for Mongolia may be made available in accordance with the purposes and utilizing the authorities provided in chapter 11 of part I of the Foreign Assistance Act of h In issuing new task orders entering into contracts or making grants with funds appropriated under this heading or in prior appropriations Acts for projects or activities that have as one of their primary purposes the fostering of private sector development the Coordinator for United States Assistance to the New Independent States and the implementing agency shall encourage the participation of and give significant weight to contractors and grantees who propose investing a significant amount of their own resources including volunteer services and in kind contributions in such projects and activities i c Funds appropriated under this heading or in prior appropriations Acts that are or have been made available for an Enterprise Fund may be deposited by such Fund in interest bearing accounts prior to the disbursement of such funds by the Fund for program purposes The Fund may retain for such program proposes any interest earned on such deposits without returning such interest to the Treasury of the United States and without further appropriation by the Congress Funds made available for Enterprise Funds shall be expended at the minimum rate necessary to make timely payment for projects and activities j 1 Of the funds appropriated under this heading that are allocated for assistance for the Government of Russia 50 percent shall be withheld from obligation until the President determines and certifies in writing to the Committees on Appropriations that the Government of Russia has terminated implementation of arrangements to provide Iran with technical expertise training technology or equipment necessary to develop a nuclear reactor related nuclear research facilities or programs or ballistic missile capability 2 Notwithstanding paragraph 1 assistance may be provided for the Government of Russia if the President determines and certifies to the Committees on Appropriations that making such funds available A is vital to the national security interest of the United States and B that the Government of Russia is taking meaningful steps to limit major supply contracts and to curtail the transfer of technology and technological expertise related to activities referred to in paragraph k Of the funds appropriated under this heading not less than shall be made available for Ukraine which sum shall be provided with the understanding that Ukraine will undertake significant economic reforms which are additional to those which were undertaken in the previous fiscal year Provided That 50 percent of the amount made available in this subsection exclusive of funds made available for election related initiatives and nuclear reactor safety activities shall be withheld from obligation and expenditure until the Secretary of State determines and certifies no later than April that the Government of Ukraine has made significant progress toward resolving complaints made by United States investors to the United States embassy prior to April Provided further That funds made available under this subsection and funds appropriated for Ukraine in the Foreign Operations Export Financing and Related Programs Appropriations Act 1997 as contained in Public Law 104 208 shall be made available to complete the preparation of safety analysis reports at each nuclear reactor in Ukraine over the next three years l Of the funds appropriated under this heading not less than shall be made available for assistance for the Southern Caucasus region Provided That of the funds provided under this subsection 37 percent shall be made available for Georgia and 35 percent shall be made available for Armenia Provided further That of the funds made available for the Southern Caucasus region 28 percent should be used for reconstruction and remedial activities relating to the consequences of conflicts within the region especially those in the vicinity of Abkhazia and Nagorno Karabakh Provided further That if the Secretary of State after May determines and reports to the relevant committees of Congress that the full amount of reconstruction and remedial funds that may be made available under the previous proviso cannot be effectively utilized up to 62 5 percent of the amount provided under the previous proviso for reconstruction and remediation may be used for other purposes under this heading m d Funds provided under the previous subsection this heading shall may be made available for humanitarian assistance for refugees displaced persons and needy civilians affected by the conflicts in the Southern Caucasus region including those in the vicinity of Abkhazia and Nagorno Karabakh notwithstanding any other provision of this or any other Act n e Funds made available under this Act or any other Act may not be provided for assistance to the Government of Azerbaijan 946 AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued ASSISTANCE NEW INDEPENDENT STATES SOVIET UNION Continued FOR THE OF THE FORMER until the President determines and so reports to the Congress that the Government of Azerbaijan is taking demonstrable steps to cease all blockades against Armenia and Nagorno Karabakh Provided That the restriction of this subsection and section 907 of the FREEDOM Support Act shall not apply to 1 activities to support democracy or assistance under title V of the FREEDOM Support Act and section 1424 of Public Law any assistance provided by the Trade and Development Agency under section 661 of the Foreign Assistance Act of U S C 2421 and 3 any activity carried out by a member of the United States and Foreign Commercial Service while acting within his or her official capacity o None of the funds appropriated under this heading or in prior appropriations legislation may be made available to establish a joint public private entity or organization engaged in the management of activities or projects supported by the Defense Enterprise Fund Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unobligated balance transferred to other accounts 22 22 Unobligated balance transferred from other accounts 22 30 Unobligated balance expiring actual est 1999 est 990 to help address major socioeconomic dislocations where they occur during these transitions Funds will support economic restructuring through helping to create conditions that encourage trade and investment and private sector growth improved government fiscal policy revenue collection and financial management a market oriented financial sector and a more efficient energy sector and a cleaner environment Funds will support democratic transitions through promoting citizen participation establishing the rule of law and strengthening local governments Program resources requested in 1999 will be increasingly focused on the Partnership for Freedom PFF approach begun in 1998 This approach is designed to achieve the mutual economic and political goals of the United States and countries in the region Building on traditional government togovernment technical assistance and tailoring the overall U S assistance program to unique NIS circumstances the PFF supports broader economic and social ties between the United States and the NIS It includes the development and expansion of sustainable partnerships professional linkages and citizen exchanges Programs will be increasingly aimed at enhancing local public and private institutional capacity as part of the comprehensive strategy to expand trade and investment develop and strengthen small and medium enterprises mobilize capital reduce crime and corruption and build viable civil societies 922 Object Classification in millions of dollars Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Transferred to other accounts Transferred from other accounts Direct obligations Personnel compensation Special personal services payments Travel and transportation of persons Advisory and assistance services Other services Supplies and materials Grants subsidies and contributions Appropriation total est Subtotal direct obligations Allocation Account Grants subsidies and contributions Total obligations Total new budget authority gross DEVELOPMENT FUND FOR AFRICA Program and Financing in millions of dollars Identification code est Change in unpaid obligations 72 40 Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested actual Identification code actual 1998 est 1999 est Obligations by program activity Direct program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested Resources available from recoveries of prior year obligations Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays This account provides funds for a program of assistance to the independent states that emerged from the former Soviet Union These programs for the New Independent States NIS have been envisioned since the outset as short term in nature They are designed to jump start the process of political and economic transition to market democracies and Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Transferred from other accounts Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS 74 40 Unpaid obligations end of year Obligated balance Uninvested AMERICAN SCHOOLS AND 947 HOSPITALS ABROAD 338 Program and Financing in millions of dollars Outlays gross detail 86 93 Outlays from current balances Net budget authority and outlays 89 00 Budget authority Outlays The Development Fund for Africa account provided development assistance to sub Saharan African countries The account was designed to enhance the U S Agency for International Development s USAID s effectiveness in meeting Africa s development requirements Beginning in 1996 development assistance for Africa has been appropriated under the Sustainable Development Assistance and Child Survival and Disease Programs accounts Object Classification in millions of dollars Identification code Direct obligations Other services Grants subsidies and contributions actual 1998 est 1999 est est 1999 est Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays Separate funding for American Schools and Hospitals Abroad ceased in 1994 This account contains remaining balances from prior activity Financing of key institutions that meet important foreign policy and developmental criteria will be done within the regular economic and development assistance accounts Total obligations Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Total outlays gross Unpaid obligations end of year Obligated balance Uninvested actual Subtotal direct obligations Allocation Account Grants subsidies and contributions Identification code SUB SAHARAN AFRICA DISASTER ASSISTANCE Program and Financing in millions of dollars Identification code Budgetary resources available for obligation Unobligated balance available start of year Uninvested Resources available from recoveries of prior year obligations actual 1998 est 1999 est SAHEL DEVELOPMENT PROGRAM Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity 10 00 Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New obligations Total budgetary resources available for obligation Unobligated balance available end of year Uninvested Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Change in unpaid obligations 72 40 Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays The goal of the Sahel Regional Program was to increase food security and ecological balance in Sahel West Africa Within that goal the program promoted trade and investment in the West Africa Region encouraged regional dialogue and provided decision makers with ready access to relevant information on development issues Since 1988 these activities have been funded from the Development Fund for Africa and Development Assistance accounts Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays In 1993 this account provided funding for timely relief rehabilitation and reconstruction for disasters in Africa Since 1994 these activities have been funded under the International Disaster Assistance Program INTERNATIONAL DISASTER ASSISTANCE For necessary expenses for international disaster relief rehabilitation and reconstruction assistance pursuant to section 491 of the Foreign Assistance Act of 1961 as amended to remain available until expended Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations actual est est AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR General and special funds Continued INTERNATIONAL DISASTER ASSISTANCE Continued Program and Financing in millions of dollars Continued Identification code Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations actual 1998 est Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Total obligations OPERATING EXPENSES Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross The International Disaster Assistance IDA account provides funds for two separate Offices The Office of U S Foreign Disaster Assistance OFDA manages relief rehabilitation and reconstruction assistance to foreign countries struck by natural and man made disasters and supports disaster prevention mitigation and preparedness OFDA s program has been placing increasing emphasis on complex emergencies a product of ethnic and national tensions leading to civil strife and the displacement of large numbers of people The 160 million request for OFDA for 1999 will be used to provide temporary shelter blankets supplementary food potable water medical supplies and agricultural rehabilitation aid including seeds and hand tools The Office of Transition Initiatives OTI promotes the successful transition of countries from the initial crisis stage of a complex emergency frequently addressed by OFDA to the path of sustainable development OTI seeks to promote peace and stability which can include support for demobilization and re integration of ex combatants into civil society landmine awareness community self help projects that reduce tension and promote democratic processes and conflict resolution The 1999 request for OTI includes an increase of 15 million to 45 million Since its inception in 1994 OTI has established a successful track record and requires additional funding to respond to the significant number of opportunities for peaceful transitions from complex emergencies Object Classification in millions of dollars Direct obligations Personnel compensation Special personal services payments Travel and transportation of persons Other services Supplies and materials Grants subsidies and contributions INTERNATIONAL For necessary expenses to carry out the provisions of section Provided That none of the funds appropriated by this Act for programs administered by the Agency for International Development may be used to finance printing costs of any report or study except feasibility design or evaluation reports or studies in excess of 25 000 without the approval of the Administrator of the Agency or the Administrator s designee to remain available until September Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars Identification code OF THE AGENCY FOR DEVELOPMENT 72 40 Net budget authority and outlays 89 00 Budget authority Outlays est Subtotal direct obligations Allocation Account Grants subsidies and contributions actual est est Identification code actual 1998 est 1999 est Obligations by program activity Direct program Direct program Foreign national separation fund Reimbursable program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unobligated balance expiring Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Current 40 00 Appropriation Transferred from other accounts Appropriation total Permanent Spending authority from offsetting collections Offsetting collections cash Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Outlays from new permanent authority Total outlays gross Offsets Against gross budget authority and outlays 88 00 Offsetting collections cash from Federal sources Net budget authority and outlays Budget authority Outlays These funds cover the appropriated dollar costs of managing U S Agency for International Development USAID pro AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS grams including salaries and other expenses of direct hire personnel USAID currently maintains resident staff in more than 70 foreign countries as well as a headquarters in Washington which supports field programs and manages regional and worldwide activities Object Classification in millions of dollars 1997 actual Identification code Direct obligations Personnel compensation Full time permanent Other than full time permanent Other personnel compensation Special personal services payments est est Total personnel compensation Civilian personnel benefits Benefits for former personnel Travel and transportation of persons Transportation of things Rental payments to GSA Rental payments to others Communications utilities and miscellaneous charges Printing and reproduction Advisory and assistance services Other services Purchases of goods and services from Government accounts Operation and maintenance of facilities Operation and maintenance of equipment Subsistence and support of persons Supplies and materials Equipment Land and structures Grants subsidies and contributions Insurance claims and indemnities Subtotal direct obligations Reimbursable obligations Below reporting threshold Total obligations Outlays gross detail Outlays from new current authority Net budget authority and outlays Budget authority Outlays The 1999 request will finance the 1999 installment of the unfunded liability created by the addition of the U S Agency for International Development USAID Foreign Service personnel to the foreign service retirement system and by subsequent salary increases and changes in legislation affecting benefits OPERATING EXPENSES OF THE AGENCY FOR INTERNATIONAL DEVELOPMENT OFFICE OF INSPECTOR GENERAL For necessary expenses to carry out the provisions of section to remain available until September which sum shall be available for the Office of the Inspector General of the Agency for International Development Foreign Operations Export Financing and Related Programs Appropriations Act 1998 Program and Financing in millions of dollars Identification code Direct Total compensable workyears 1001 Full time equivalent employment Exempt Full time equivalent employment Reimbursable 2001 Total compensable workyears Full time equivalent employment PAYMENT TO THE 1997 actual 1998 est Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested DISABILITY 1997 actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations Outlays gross detail Outlays from new current authority Outlays from current balances AND Program and Financing in millions of dollars Total outlays gross Net budget authority and outlays Budget authority Outlays The funds cover the costs of operations of the Office of the Inspector General Agency for International Development and include salaries expenses and support costs of the Inspector General s personnel as well as costs associated with providing for the physical security of Agency personnel at overseas missions Change in unpaid obligations 73 10 New obligations Total outlays gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested For payment to the Foreign Service Retirement and Disability Fund as authorized by the Foreign Service Act of Foreign Operations Export Financing and Related Programs Appropriation Act New budget authority gross detail 40 00 Appropriation est FOREIGN SERVICE RETIREMENT FUND Identification code est Obligations by program activity Direct program est 1997 actual 00 01 Personnel Summary Identification code Object Classification in millions of dollars Identification code Personnel compensation Full time permanent Other personnel compensation Special personal services payments Total personnel compensation actual 1998 est 1999 est AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued USAID personnel U S Government personnel and their dependents In addition the proceeds may be used to equip staff operate and maintain such schools and hospitals OPERATING EXPENSES OF THE AGENCY FOR INTERNATIONAL DEVELOPMENT OFFICE OF INSPECTOR GENERAL Continued Object Classification in millions of dollars Continued 1997 actual Identification code est Intragovernmental funds 1999 est ADVANCE ACQUISITION Civilian personnel benefits Travel and transportation of persons Transportation of things Rental payments to GSA Rental payments to others Other services Purchases of goods and services from Government accounts Equipment Land and structures Subtotal direct obligations Below reporting threshold Total obligations Total compensable workyears Full time equivalent employment PROPERTY REVOLVING FUND Program and Financing in millions of dollars 1997 actual Identification code Budgetary resources available for obligation Unobligated balance available start of year Uninvested Unobligated balance available end of year Uninvested est 1999 est Personnel Summary Identification code OF 1997 actual est 1999 est This revolving fund finances the acquisition and rehabilitation of U S Government owned excess property at minimal cost for purchase by friendly countries and eligible organizations for use in conjunction with economic development programs Excess property most of it obtained from the Department of Defense includes heavy construction equipment vehicles heavy machinery electrical generating equipment and medical equipment and supplies The program is self financed from service fees and reimbursements by equipment purchasers ultimately funded from development assistance appropriations to the Agency for International Development Public enterprise funds Balance Sheet in millions of dollars PROPERTY MANAGEMENT FUND Identification code actual Obligations by program activity 10 00 Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross est 1999 est Total budgetary resources available for obligation 5 New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Spending authority from offsetting collections gross Offsetting collections cash actual 1997 actual ASSETS 1101 Federal assets Fund balances with Treasury Total assets NET POSITION 3300 Cumulative results of operations Total net position Total liabilities and net position Identification code Program and Financing in millions of dollars ASSISTANCE FOR THE NEW INDEPENDENT STATES OF THE FORMER SOVIET UNION UKRAINE EXPORT CREDIT INSURANCE PROGRAM ACCOUNT Program and Financing in millions of dollars Identification code Offsets Against gross budget authority and outlays 88 40 Offsetting collections cash from Non Federal sources est Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Unpaid obligations end of year Obligated balance Uninvested est actual 1998 est 1999 est Obligations by program activity Guaranteed loan subsidy Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested Unobligated balance transferred to other accounts Net budget authority and outlays 89 00 Budget authority Outlays This Fund as authorized by Public Law is maintained for the deposit of proceeds from the sale of overseas property acquired by the Agency for International Development USAID The proceeds are available to construct or otherwise acquire outside the United States 1 essential living quarters office space and necessary supporting facilities for use of USAID personnel and 2 schools including dormitories and boarding facilities and hospitals for use of Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Outlays gross detail Outlays from current balances AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS Net budget authority and outlays Budget authority Outlays Summary of Loan Levels Subsidy Budget Authority and Outlays by Program in millions of dollars Identification code actual 1998 est Financing disbursements Status of Guaranteed Loans in millions of dollars 1997 actual Identification code est 1999 est Position with respect to appropriations act limitation on commitments 2111 Limitation on guaranteed loans made by private lenders Guaranteed loan commitments exempt from limitation est Guaranteed loan levels supportable by subsidy budget authority 2150 Loan guarantee levels Total loan guarantee levels Guaranteed loan subsidy in percent 2320 Subsidy rate Total guaranteed loan commitments Guaranteed amount of guaranteed loan commitments Cumulative balance of guaranteed loans outstanding Outstanding start of year Disbursements of new guaranteed loans Repayments and prepayments Adjustments Terminations for default that result in loans receivable Weighted average subsidy rate Guaranteed loan subsidy budget authority 2330 Subsidy budget authority Total subsidy budget authority Guaranteed loan subsidy outlays 2340 Subsidy outlays Total subsidy outlays Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year As required by the Federal Credit Reform Act of 1990 this account records for this program the subsidy costs associated with the direct loans obligated and loan guarantees committed in 1992 and beyond including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year as well as for the administrative expenses of this program The subsidy amounts are estimated on a net present value basis The administrative expenses are eliminated on a cash basis The Ukraine Export Credit Guarantee Program which terminated in 1997 insured U S exporters against the risk of non payment for their goods on the part of Ukrainian entities The program had multiple objectives including a helping to feed the needy by pump priming the Ukrainian agricultural sector b paving the way for the resumption of U S Eximbank activity within the country and c encouraging the requisite shift in orientation of the Ukrainian economy from statist to private sector led Addendum Cumulative balance of defaulted guaranteed loans that result in loans receivable 2310 Outstanding start of year Disbursements for guaranteed loan claims Write offs of loans receivable Outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 1992 and beyond including modifications of direct loans that resulted from obligations in any year The amounts in this account are a means of financing and are not included in the budget totals Balance Sheet in millions of dollars 1996 actual 1997 actual Total assets LIABILITIES 2204 Non Federal liabilities Liabilities for loan guarantees Total liabilities Total liabilities and net position Identification code ASSISTANCE FOR THE NEW INDEPENDENT STATES OF THE FORMER SOVIET UNION UKRAINE EXPORT CREDIT INSURANCE FINANCING ACCOUNT Program and Financing in millions of dollars Identification code Budgetary resources available for obligation 21 40 Unobligated balance available start of year Uninvested New financing authority gross Total budgetary resources available for obligation Unobligated balance available end of year Uninvested New financing authority gross detail Spending authority from offsetting collections gross Offsetting collections cash actual 1998 est 1999 est est Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 00 Federal sources Interest on uninvested funds Non Federal sources Total offsetting collections cash ASSETS Federal assets Fund balances with Treasury Net value of assets related to post 1991 acquired defaulted guaranteed loans receivable 1501 Defaulted guaranteed loans receivable gross Allowance for subsidy cost est Net present value of assets related to defaulted guaranteed loans 1999 DEBT REDUCTION FINANCING ACCOUNT Net financing authority and financing disbursements 89 00 Financing authority Program and Financing in millions of dollars Identification code actual Obligations by program activity Payment to liquidating accounts Interest on Treasury borrowing Paris club debt reduction Interest on Treasury borrowing EAI debt est 1999 est AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 Intragovernmental funds Continued DEBT REDUCTION FINANCING ACCOUNT Continued Program and Financing in millions of dollars Continued actual Identification code Total obligations est Budgetary resources available for obligation Unobligated balance available start of year Uninvested New financing authority gross Redemption of debt est Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Net present value of assets related to direct loans Total assets LIABILITIES Federal liabilities Debt 2103 Debt EAI Debt Paris Club debt reduction 2999 Total liabilities Total liabilities and net position LOAN GUARANTEES New financing authority gross detail Authority to borrow indefinite Spending authority from offsetting collections 68 00 Offsetting collections cash Portion applied to debt reduction Spending authority from offsetting collections total Net value of assets related to post 1991 direct loans receivable Direct loans receivable gross Allowance for subsidy cost TO ISRAEL FINANCING ACCOUNT 8 Program and Financing in millions of dollars Identification code Budgetary resources available for obligation Unobligated balance available start of year Uninvested New financing authority gross actual 1998 est 1999 est Total new financing authority gross Change in unpaid obligations New obligations Total financing disbursements gross Total financing disbursements gross Offsets Against gross financing authority and financing disbursements Offsetting collections cash from Federal sources 88 00 Federal Sources EAI reestimate Federal sources Paris club debt reduction Interest on uninvested funds Repayment of principal EAI debt Total budgetary resources available for obligation Unobligated balance available end of year Uninvested New financing authority gross detail Spending authority from offsetting collections gross Offsetting collections cash Total offsetting collections cash Net financing authority and financing disbursements Financing authority Financing disbursements Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 25 Interest on uninvested funds Non Federal sources Total offsetting collections cash Net financing authority and financing disbursements Financing authority Financing disbursements Status of Direct Loans in millions of dollars 1997 actual Identification code est 1999 est Position with respect to appropriations act limitation on obligations 1111 Limitation on direct loans Status of Guaranteed Loans in millions of dollars Identification code actual 1998 est 1999 est Total direct loan obligations Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Purchase of loans assets from a liquidating account Repayments Repayments and prepayments Outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from restructuring loans administered by the Agency for International Development Balance Sheet in millions of dollars Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1106 Receivables net actual 1997 actual 1998 est 1999 est Position with respect to appropriations act limitation on commitments 2111 Limitation on guaranteed loans made by private lenders Total guaranteed loan commitments Cumulative balance of guaranteed loans outstanding Outstanding start of year Disbursements of new guaranteed loans Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 1992 and beyond including modifications of direct loans that resulted from obligations in any year The amounts in this account are a means of financing and are not included in the budget totals AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS actual 1997 actual Total assets LIABILITIES 2204 Non Federal liabilities Liabilities for loan guarantees Total outlays gross Net budget authority and outlays Budget authority Outlays ASSETS Federal assets Fund balances with Treasury Total liabilities est Identification code est Outlays from current balances Balance Sheet in millions of dollars Summary of Loan Levels Subsidy Budget Authority and Outlays by Program in millions of dollars 1997 actual Identification code URBAN AND ENVIRONMENTAL CREDIT PROGRAM ACCOUNT Unavailable Collections in millions of dollars Balance start of year 01 99 Balance start of year Total balance end of year actual 1998 est est Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Direct program Direct program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unobligated balance expiring est Guaranteed loan levels supportable by subsidy budget authority 2150 Loan guarantee levels For the cost as defined in section 502 of the Congressional Budget Act of 1974 of guaranteed loans authorized by sections 221 and 222 of the Foreign Assistance Act of 1961 including the cost of guaranteed loans designed to promote the urban and environmental policies and objectives of part I of such Act to remain available until September expended Provided That these funds are available to subsidize loan principal 100 percent of which shall be guaranteed pursuant to the authority of such sections In addition for administrative expenses to carry out guaranteed loan programs to remain available until September all of which may be transferred to and merged with the appropriation for Operating Expenses of the Agency for International Development Provided further That commitments to guarantee loans under this heading may be entered into notwithstanding the second and third sentences of section 222 a and with regard to programs for Central and Eastern Europe and programs for the benefit of South Africans disadvantaged by apartheid section 223 j of the Foreign Assistance Act of 1961 Foreign Operations Export Financing and Related Programs Appropriation Act Identification code est Total loan guarantee levels Guaranteed loan subsidy in percent 2320 Subsidy rate Total subsidy budget authority Guaranteed loan subsidy outlays 2340 Subsidy outlays Weighted average subsidy rate Guaranteed loan subsidy budget authority 2330 Subsidy budget authority Total subsidy outlays The Urban and Environmental Credit Program formerly the Housing Guaranty Program provides long term financing to developing countries for innovative urban investment programs in areas such as shelter potable water wastewater treatment solid waste disposal environmental improvement of poor urban neighborhoods and energy distribution These investments focus on improving the quality of life for the urban poor through the development of infrastructure and the encouragement of reforms in urban policy The Urban and Environmental Credit Program operates by guaranteeing loans from U S private investors to borrowers in developing countries who are implementing urban programs which have been approved by U S A I D As required by the Federal Credit Reform Act of 1990 this account records for the Urban and Environmental Credit Program the subsidy costs associated with the loan guarantees committed in 1992 and beyond as well as administrative expenses of this program The subsidy amounts are estimated on a present value basis the administrative expenses are estimated on a cash basis Object Classification in millions of dollars Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested est Subtotal direct obligations Below reporting threshold Total personnel compensation Travel and transportation of persons Rental payments to others Purchases of goods and services from Government accounts Grants subsidies and contributions Total obligations Personnel Summary Identification code Outlays gross detail Outlays from new current authority Personnel compensation Full time permanent Special personal services payments est actual Identification code Total compensable workyears Full time equivalent employment actual est est 30 AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued 954 THE BUDGET FOR FISCAL YEAR Intragovernmental funds Continued URBAN AND ENVIRONMENTAL CREDIT PROGRAM GUARANTEED LOAN FINANCING ACCOUNT Total net position Total liabilities and net position Program and Financing in millions of dollars HOUSING 1997 actual Identification code Budgetary resources available for obligation Unobligated balance available start of year Uninvested New financing authority gross est 1999 est AND OTHER CREDIT GUARANTY PROGRAMS LIQUIDATING ACCOUNT Program and Financing in millions of dollars Total budgetary resources available for obligation Unobligated balance available end of year Uninvested Identification code Obligations by program activity Claims payments Interest on borrowing Total obligations New financing authority gross detail 68 00 Spending authority from offsetting collections gross cash Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 00 Federal sources Interest on uninvested funds Non Federal sources actual 1998 est Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Capital transfer to general fund Redemption of debt est Total offsetting collections cash Net financing authority and financing disbursements 89 00 Financing authority Financing disbursements Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation indefinite Spending authority from offsetting collections Offsetting collections cash Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Status of Guaranteed Loans in millions of dollars 1997 actual Identification code est 1999 est Position with respect to appropriations act limitation on commitments 2111 Limitation on guaranteed loans made by private lenders Guaranteed loan commitments exempt from limitation Total guaranteed loan commitments Cumulative balance of guaranteed loans outstanding 2210 Outstanding start of year Disbursements of new guaranteed loans Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from loan guarantees under the Agency for International Development USAID Urban and Environmental Credit Program committed in 1992 and beyond The amounts in this account are a means of financing and are not included in the budget totals Outlays gross detail Outlays from new permanent authority Outlays from permanent balances Total outlays gross Offsets Against gross budget authority and outlays Offsetting collections cash from 88 00 Federal sources Payments from debt reduction financing account Non Federal sources 88 40 Receipts of principal resulting from rescheduled claims Recoveries resulting from rescheduled claims Fees Interest late pmt collection Total offsetting collections cash Net budget authority and outlays Budget authority Outlays Balance Sheet in millions of dollars Identification code actual 1997 actual 1998 est Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1106 Receivables net Total assets LIABILITIES 2204 Non Federal liabilities Liabilities for loan guarantees Total liabilities NET POSITION 3100 Appropriated capital Status of Guaranteed Loans in millions of dollars 1999 est 1997 actual Cumulative balance of guaranteed loans outstanding 2210 Outstanding start of year Disbursements of new guaranteed loans Repayments and prepayments Adjustments Terminations for default that result in loans receivable est 1999 est Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS Addendum Cumulative balance of defaulted guaranteed loans that result in loans receivable 2310 Outstanding start of year Disbursements for guaranteed loan claims Repayments of loans receivable 2351 Repayments of loans receivable Repayments of loans receivable EAI Repayments of loans receivable Paris Club debt reduction Write offs of loans receivable 2361 Write offs of loans receivable Write offs of loans receivable Outstanding end of year As required by the Federal Credit Reform Act of 1990 this account records for the Urban and Environmental Credit Program all cash flows to and from the Government resulting from direct loans obligated and loan guarantees committed prior to 1992 This account is shown on a cash basis All new activity in this program in 1992 and beyond is recorded in corresponding program and financing accounts MICRO 1996 actual 1997 actual Revenue Expense Net income or loss Net income or loss est Balance Sheet in millions of dollars Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1104 Agency securities par Non Federal assets Receivables net Net value of assets related to pre 1992 direct loans receivable and acquired defaulted guaranteed loans receivable 1701 Defaulted guaranteed loans gross Allowance for estimated uncollectible loans and interest Defaulted guaranteed loans and interest receivable net Value of assets related to loan guarantees Other Federal assets Property plant and equipment net Total assets LIABILITIES Federal liabilities 2102 Interest payable Debt Other Non Federal liabilities 2201 Accounts payable Liabilities for loan guarantees Total liabilities NET POSITION 3100 Appropriated capital Cumulative results of operations Future funding requirements actual actual 1998 est actual Obligations by program activity Guaranty loan subsidy Microenterprise credits Administrative expenses est 1999 est Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Outlays gross detail Outlays from new current authority Outlays from current balances Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Total net position Total liabilities and net position Object Classification in millions of dollars Identification code SMALL ENTERPRISE DEVELOPMENT PROGRAM ACCOUNT Identification code est 35 Program and Financing in millions of dollars est AND 58 For the cost of direct loans and loan guarantees as authorized by section 108 of the Foreign Assistance Act of 1961 as amended Provided That such costs shall be as defined in section 502 of the Congressional Budget Act of 1974 Provided further That guarantees of loans made under this heading in support of microenterprise activities may guarantee up to 70 percent of the principal amount of any such loans notwithstanding section 108 of the Foreign Assistance Act of 1961 In addition for administrative expenses to carry out programs under this heading all of which may be transferred to and merged with the appropriation for Operating Expenses of the Agency for International Development Provided further That funds made available under this heading shall remain available until September Foreign Operations Export Financing and Related Programs Appropriation Act Statement of Operations in millions of dollars Identification code Total obligations Insurance claims and indemnities Interest and dividends actual est est Total outlays gross Net budget authority and outlays Budget authority Outlays The Micro and Small Enterprise Development Program account supports private sector activities in developing countries by providing direct loans and loan guarantees to support local micro and small enterprises As required by the Federal Credit Reform Act of 1990 this account records for this program the subsidy costs associated with the loan guarantees committed in 1992 and beyond as well as administrative expenses of this program The subsidy amounts are estimated on present value basis Administrative expenses are estimated on a cash basis The MSED program works with financial institutions to increase the flow of credit to small businesses in developing nations worldwide poverty reduction requires thriving micro and small businesses whose success depends in turn on the ability to secure credit The MSED program a stimulates the growth and expansion of private sector activity by enhancing access to credit for micro and small businesses b develops innovative financing mechanisms that address imperfec AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued 956 THE BUDGET FOR FISCAL YEAR 1999 Intragovernmental funds Continued MICRO AND SMALL ENTERPRISE DEVELOPMENT PROGRAM ACCOUNT Continued tions in the credit market that make it difficult for small enterprises to get credit and c strengthens the capacity of indigenous financial institutions to engage in micro and small business lending through targeted training programs The primary tool is the Loan Portfolio Guaranty LPG program which provides loan guarantees The MSED program also uses direct loans and guarantees to provide capital for private voluntary organizations PVOs and non governmental organizations NGOs engaged in microenterprise lending activities and to create sustainable relationships between these PVOs NGOs and formal financial institutions Guarantees are combined with training and technical assistance to improve the capacity of banks to assess small and micro business credits and to assist borrowers to present credible proposals to lending institutions 1997 actual 1998 est New obligations Total financing disbursements gross Total financing disbursements gross Offsets Against gross financing authority and financing disbursements 88 40 Offsetting collections cash from Non Federal sources Guaranteed loan levels supportable by subsidy budget authority 2150 Loan guarantee levels Total loan guarantee levels Guaranteed loan subsidy in percent 2320 Subsidy rate Total subsidy budget authority Guaranteed loan subsidy outlays 2340 Subsidy outlays actual Identification code est 1999 est Position with respect to appropriations act limitation on obligations 1111 Limitation on direct loans Direct loan obligations exempt from limitation est Net financing authority and financing disbursements Financing authority Financing disbursements Status of Direct Loans in millions of dollars 1150 Summary of Loan Levels Subsidy Budget Authority and Outlays by Program in millions of dollars Identification code Total direct loan obligations Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Direct loan disbursements Repayments Repayments and prepayments Outstanding end of year Weighted average subsidy rate Guaranteed loan subsidy budget authority 2330 Subsidy budget authority Total subsidy outlays As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from direct loans obligated under the Agency for International Development USAID Microenterprise and Small Enterprise Development Credit Direct Loan program in 1992 and beyond including modifications of direct loans that resulted from obligations in any year The amounts in this account are a means of financing and are not included in the budget totals Balance Sheet in millions of dollars Administrative expense data 3510 Budget authority actual 1998 est 1999 est Total assets LIABILITIES 2201 Non Federal liabilities Accounts payable Direct obligations Grants subsidies and contributions Below reporting threshold Total obligations actual Identification code ASSETS Net value of assets related to post 1991 direct loans receivable 1401 Direct loans receivable gross Object Classification in millions of dollars Identification code actual Net present value of assets related to direct loans Total liabilities est 1999 est MICROENTERPRISE AND SMALL ENTERPRISE DEVELOPMENT CREDIT DIRECT LOAN FINANCING ACCOUNT MICROENTERPRISE AND SMALL ENTERPRISE DEVELOPMENT GUARANTEED LOAN FINANCING ACCOUNT Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity 00 01 Direct loans Total obligations Budgetary resources available for obligation 22 00 New financing authority gross New obligations New financing authority gross detail 68 00 Spending authority from offsetting collections gross Offsetting collections cash Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Default claims Total obligations Total budgetary resources available for obligation 2 New obligations Unobligated balance available end of year Uninvested Budgetary resources available for obligation Unobligated balance available start of year Uninvested New financing authority gross AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS New financing authority gross detail Spending authority from offsetting collections gross Offsetting collections cash Change in unpaid obligations New obligations Total financing disbursements gross Total financing disbursements gross Total net position Total liabilities and net position PRIVATE SECTOR REVOLVING FUND LIQUIDATING ACCOUNT Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 00 Federal sources Non Federal sources Total offsetting collections cash NET POSITION Appropriated capital Program and Financing in millions of dollars 1 Net financing authority and financing disbursements 89 00 Financing authority Financing disbursements actual Identification code est Budgetary resources available for obligation Unobligated balance available start of year Uninvested Capital transfer to general fund est Total budgetary resources available for obligation Unobligated balance available end of year Uninvested Status of Guaranteed Loans in millions of dollars 1997 actual Identification code est Position with respect to appropriations act limitation on commitments 2111 Limitation on guaranteed loans made by private lenders Guaranteed loan commitments exempt from limitation Total guaranteed loan commitments Cumulative balance of guaranteed loans outstanding 2210 Outstanding start of year Disbursements of new guaranteed loans Repayments and prepayments Adjustments Terminations for default that result in loans receivable Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year New budget authority gross detail Spending authority from offsetting collections gross Offsetting collections cash Offsets Against gross budget authority and outlays 88 40 Offsetting collections cash from Non Federal sources Net budget authority and outlays Budget authority Outlays est Status of Guaranteed Loans in millions of dollars 1997 actual Identification code Cumulative balance of guaranteed loans outstanding 2210 Outstanding start of year Adjustments Other adjustments net est 1999 est Addendum Cumulative balance of defaulted guaranteed loans that result in loans receivable 2310 Outstanding start of year Disbursements for guaranteed loan claims Repayments of loans receivable Write offs of loans receivable Outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from loan guarantees under the Agency for International Development USAID Microenterprise and Small Enterprise Development Guarantee program committed in 1992 and beyond including modifications of loan guarantees that resulted from commitments in any year The amounts in this account are a means of financing and are not included in the budget totals Balance Sheet in millions of dollars Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1106 Receivables net Total assets LIABILITIES 2204 Non Federal liabilities Liabilities for loan guarantees actual Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year As required by the Federal Credit Reform Act of 1990 this account records all cash flows to and from the Government resulting from direct loans obligated and loan guarantees committed under the Private Sector Loan Fund prior to 1992 This account is shown on a cash basis All new activity in this program in 1992 and beyond is recorded in corresponding program and financing accounts Balance Sheet in millions of dollars actual 1998 est 1999 est actual 1997 actual 1998 est 1999 est ASSETS Federal assets Fund balances with Treasury Net value of assets related to post 1991 acquired defaulted guaranteed loans receivable Net present value of assets related to defaulted guaranteed loans Identification code Total assets LIABILITIES 2101 Federal liabilities Accounts payable Non Federal liabilities Liabilities for loan guarantees Total liabilities Total liabilities Total liabilities and net position AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR Guaranteed loan subsidy outlays Subsidy outlays Total subsidy outlays Intragovernmental funds Continued DEVELOPMENT CREDIT AUTHORITY PROGRAM ACCOUNT For the cost of direct loans and loan guarantees up to to be derived by transfer from funds appropriated by this Act to carry out Part I of the Foreign Assistance Act of 1961 as amended and funds appropriated by this Act under the heading Assistance for Eastern Europe and the Baltic States to remain available until expended as authorized by section 635 of the Foreign Assistance Act of 1961 Provided That such costs including the cost of modifying such loans shall be as defined in section 502 of the Congressional Budget Act of 1974 Provided further That for administrative expenses to carry out the direct and guaranteed loan programs up to of this amount may be transferred to and merged with the appropriation for Operating Expenses of the Agency for International Development Provided further That the provisions of section 107A d relating to general provisions applicable to the Development Credit Authority of the Foreign Assistance Act of 1961 as contained in section 306 of H R 1486 as reported by the House Committee on International Relations on May shall be applicable to direct loans and loan guarantees provided under this heading Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Guaranteed loan subsidy Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Transferred from other accounts Appropriation total Total new budget authority gross Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays Administrative expense data Budget authority Outlays from balances Outlays from new authority The Development Credit Authority DCA will permit USAID to utilize direct loans and loan guarantees that have market based rates and other market based terms and conditions to achieve sustainable development objectives where these objectives can be achieved more effectively through the use of credit mechanisms as opposed to through grants or other financing mechanisms The DCA will only be used in cases where credit risks can be accurately assessed where the specific sovereign or non sovereign developing country obligor can responsibly undertake the credit servicing obligation and where the use of USAID credit mechanisms will assist in the development of private sector mechanisms that can sustain the development impact Therefore while DCA will offer USAID an additional financing mechanism it will not alter the Agency s programmatic priorities The Agency will continue to provide the majority of its assistance on a grant basis and will utilize the DCA to finance sovereign and nonsovereign development projects that are both developmentally sound and creditworthy The DCA is requested as a permitted transfer from funds appropriated to carry out Part I of the Foreign Assistance Act so that the actual amount of funds transferred for the subsidy cost of DCA credits can be commensurate with USAID s credit management capabilities USAID has undertaken an ambitious Credit Management Improvement Action Plan and is implementing this plan with the cooperation of the Office of Management and Budget The Agency is currently putting a number of far reaching credit management reforms into effect and expects to have capabilities in place by the end of 1998 that will allow the transfer of the entire 15 million requested for the DCA As required by the Federal Credit Reform Act of 1990 this account records for this program the subsidy costs associated with the direct loans obligated and loan guarantees committed in 1992 and beyond including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year as well as for the administrative expenses of this program The subsidy amounts are estimated on a net present value basis Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Program and Financing in millions of dollars Summary of Loan Levels Subsidy Budget Authority and Outlays by Program in millions of dollars Identification code actual 1998 est 1999 est Total loan guarantee levels Guaranteed loan subsidy in percent 2320 Subsidy rate Total subsidy budget authority Identification code Guaranteed loan levels supportable by subsidy budget authority 2150 Loan guarantee levels Weighted average subsidy rate Guaranteed loan subsidy budget authority 2330 Subsidy budget authority DEVELOPMENT CREDIT AUTHORITY GUARANTEED LOAN FINANCING ACCOUNT 1997 actual 1998 est Budgetary resources available for obligation New financing authority gross Unobligated balance available end of year Uninvested New financing authority gross detail Spending authority from offsetting collections gross Offsetting collections cash est Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 00 Federal sources Subsidy payments from program account Interest on uninvested funds Non Federal sources Fees AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Trust Funds INTERNATIONAL ASSISTANCE PROGRAMS Total offsetting collections cash Net financing authority and financing disbursements Financing authority Financing disbursements actual est 1999 est Total guaranteed loan commitments Guaranteed amount of guaranteed loan commitments Cumulative balance of guaranteed loans outstanding Outstanding start of year Disbursements of new guaranteed loans Repayments and prepayments Adjustments Terminations for default that result in loans receivable Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year actual Identification code est 1999 est Total budgetary resources available for obligation Unobligated balance available end of year Uninvested New budget authority gross detail Spending authority from offsetting collections gross Offsetting collections cash Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Total outlays gross Outlays gross detail Outlays from new permanent authority Addendum Cumulative balance of defaulted guaranteed loans that result in loans receivable 2310 Outstanding start of year Disbursements for guaranteed loan claims Repayments of loans receivable Write offs of loans receivable Program and Financing in millions of dollars Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Capital transfer to general fund Position with respect to appropriations act limitation on commitments 2111 Limitation on guaranteed loans made by private lenders Guaranteed loan commitments exempt from limitation ECONOMIC ASSISTANCE LOANS LIQUIDATING ACCOUNT 21 40 Status of Guaranteed Loans in millions of dollars Identification code Offsets Against gross budget authority and outlays Offsetting collections cash from Non Federal sources 88 40 Non Federal sources Principal Non Federal sources Interest Total offsetting collections cash Net budget authority and outlays Budget authority Outlays Outstanding end of year Status of Direct Loans in millions of dollars As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 1992 and beyond including modifications of direct loans that resulted from obligations in any year The amounts in this account are a means of financing and are not included in the budget totals 1996 actual 1997 actual 1998 est Total assets LIABILITIES 2204 Non Federal liabilities Liabilities for loan guarantees Outstanding end of year Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Direct loan disbursements Repayments Repayments and prepayments Adjustments Capitalized interest Write offs for default Other adjustments net ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1106 Receivables net Net value of assets related to post 1991 acquired defaulted guaranteed loans receivable 1501 Defaulted guaranteed loans receivable gross Interest receivable Foreclosed property Allowance for subsidy cost Net present value of assets related to defaulted guaranteed loans 1999 Total liabilities NET POSITION 3100 Appropriated capital est Balance Sheet in millions of dollars Identification code actual Identification code Total net position Total liabilities and net position est The Economic Assistance Loans liquidating account consolidates liquidating credit activity from three previous accounts Economic Support Fund Functional Development Assistance Program and the Development Loans Revolving Fund This was done to simplify presentation As required by the Federal Credit Reform Act of 1990 this account records all cash flows to and from the Government resulting from direct loans prior to 1992 This account is shown on a cash basis Trust Funds FOREIGN SERVICE NATIONAL SEPARATION LIABILITY TRUST FUND Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations New budget authority gross detail Appropriation trust fund indefinite est 960 AGENCY FOR INTERNATIONAL DEVELOPMENT Continued Trust Funds Continued THE BUDGET FOR FISCAL YEAR Intragovernmental funds Continued FOREIGN SERVICE NATIONAL SEPARATION LIABILITY TRUST FUND Continued Program and Financing in millions of dollars Continued Identification code Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested actual 1998 est 1999 est Outlays gross detail Outlays from new permanent authority Outlays The Miscellaneous Trust Funds account includes gifts and donations that AID receives from other governments nongovernmental organizations or private citizens AID has authority to spend these gifts and donations for development purposes under Section 635 d of the Foreign Assistance Act In 1997 this account received 50 million from Israel that was used to finance part of the Mideast Peace and Stability Fund Balance Sheet in millions of dollars 1996 actual Identification code ASSETS Federal assets Fund balances with Treasury actual est 1999 est Total assets LIABILITIES 2202 Non Federal liabilities Interest payable This Fund is maintained to pay separation costs for Foreign Service National employees of the U S Agency for International Development in those countries in which such pay is legally required The Fund as authorized by Public Law is maintained by annual Government contributions which are appropriated in several Agency accounts 2999 Total liabilities NET POSITION 3300 Cumulative results of operations Total net position Total liabilities and net position Net budget authority and outlays 89 00 Budget authority Outlays OVERSEAS PRIVATE INVESTMENT CORPORATION MISCELLANEOUS TRUST FUNDS AID Unavailable Collections in millions of dollars Identification code actual 1998 est Balance start of year Balance start of year Receipts 02 01 Gifts and donations Appropriation 05 01 Miscellaneous trust funds Total balance end of year Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross actual est Federal Funds 1999 est 1999 est Public enterprise funds OVERSEAS PRIVATE INVESTMENT CORPORATION NONCREDIT ACCOUNT The Overseas Private Investment Corporation is authorized to make without regard to fiscal year limitations as provided by 31 U S C 9104 such expenditures and commitments within the limits of funds available to it and in accordance with law as may be necessary Provided That the amount available for administrative expenses to carry out the credit and insurance programs including an amount for official reception and representation expenses which shall not exceed shall not exceed Provided further That project specific transaction costs including direct and indirect costs incurred in claims settlements and other direct costs associated with services provided to specific investors or potential investors pursuant to section 234 of the Foreign Assistance Act of 1961 shall not be considered administrative expenses for the purposes of this heading Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Unavailable Collections in millions of dollars Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Identification code actual 1998 est 1999 est 01 99 New budget authority gross detail 60 27 Appropriation trust fund indefinite Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Balance start of year Balance start of year Offsetting collections Total Balances and collections Total balance end of year Outlays gross detail Outlays from new permanent authority Outlays from permanent balances Total outlays gross Net budget authority and outlays Budget authority These balances are reserves held for potential claims and are not expected to be obligated Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Noncredit administrative expenses Insurance claim payments provisions Credit administrative expenses Total obligations OVERSEAS PRIVATE INVESTMENT CORPORATION Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Current 41 00 Transferred to other accounts Permanent Spending authority from offsetting collections 68 00 Offsetting collections cash Change in orders on hand from Federal sources 68 45 Portion not expected to be obligated Total balance end of year INSURANCE PROGRAM ACTIVITY 1996 actual Total new budget authority gross Aggregate insurance outstanding start of year Aggregate insurance issued during year Aggregate insurance reductions and cancellations Aggregate insurance outstanding end of year Net growth decline of portfolio Net growth rate of insurance portfolio in percent actual est est STATUS OF INSURANCE AUTHORITY In millions of dollars 1996 actual Total unpaid obligations start of year New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Orders on hand from Federal sources Total unpaid obligations end of year In millions of dollars Spending authority from offsetting collections total Change in unpaid obligations Unpaid obligations start of year 72 40 Obligated balance Uninvested Orders on hand from Federal sources Balance transferred net Unexpended balance end of year 0700 Treasury balance U S Securities 0701 Par value Unrealized discounts Outlays gross detail Outlays from new permanent authority Outlays from permanent balances Total outlays gross Offsets Against gross budget authority and outlays Offsetting collections cash from 88 00 Federal sources Interest on U S securities Non Federal sources Total offsetting collections cash Change in orders on hand from Federal sources Net budget authority and outlays Budget authority Outlays Statutory authority limitation Maximum contingent liability end of year Estimated potential exposure to claims end of year est est This is a combined insurance and finance limitation created under OPIC s FY97 appropriation OPIC will monitor issuance and runoff to stay within the limitation Balance Sheet in millions of dollars 1996 actual Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1102 Treasury securities par Receivables net Non Federal assets Receivables net Other Federal assets Property plant and equipment net Total assets LIABILITIES 2101 Federal liabilities Accounts payable Non Federal liabilities 2201 Accounts payable Other actual Total liabilities NET POSITION 3300 Cumulative results of operations actual 1998 est 1999 est The Overseas Private Investment Corporation encourages the participation of United States private sector capital and skills in the economic and social development of developing countries and emerging market economies Its primary noncredit program is political risk insurance against losses due to expropriation inconvertibility and damage due to political violence Status of Funds in millions of dollars Identification code actual 1998 est 1999 est Unexpended balance start of year 0100 Treasury balance U S Securities 0101 Par value Unrealized discounts Total liabilities and net position Object Classification in millions of dollars Total balance start of year Cash income during the year Offsetting collections 0280 Offsetting collections Cash outgo during year 0500 Overseas private investment corporation noncredit account est 1999 est Personnel compensation Full time permanent Civilian personnel benefits Travel and transportation of persons Rental payments to others Other services Purchases of goods and services from Government accounts Insurance claims and indemnities Total obligations Personnel Summary Identification code actual Identification code Total net position Total compensable workyears Full time equivalent employment actual est est OVERSEAS PRIVATE INVESTMENT CORPORATION Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 Credit accounts OVERSEAS PRIVATE INVESTMENT CORPORATION PROGRAM ACCOUNT For the cost of direct and guaranteed loans as authorized by section 234 of the Foreign Assistance Act of 1961 to be derived by transfer from the Overseas Private Investment Corporation Noncredit Account Provided That such costs including the cost of modifying such loans shall be as defined in section 502 of the Congressional Budget Act of 1974 Provided further That such sums shall be available for direct loan obligations and loan guaranty commitments incurred or made during fiscal years 1998 and and 2000 Provided further That such sums shall remain available through fiscal year for the disbursement of direct and guaranteed loans obligated in fiscal year and through fiscal year for the disbursement of direct and guaranteed loans obligated in fiscal year Provided further That in addition such sums as may be necessary for administrative expenses to carry out the credit program may be derived from amounts available for administrative expenses to carry out the credit and insurance programs in the Overseas Private Investment Corporation Noncredit Account and merged with said account Foreign Operations Export Financing and Related Programs Appropriation Act Total direct loan levels Direct loan subsidy in percent 1320 Subsidy rate Total subsidy budget authority Direct loan subsidy outlays 1340 Subsidy outlays Total subsidy outlays Guaranteed loan levels supportable by subsidy budget authority 2150 Loan guarantee levels Total subsidy budget authority Guaranteed loan subsidy outlays 2340 Subsidy outlays Weighted average subsidy rate Direct loan subsidy budget authority 1330 Subsidy budget authority Total loan guarantee levels Guaranteed loan subsidy in percent 2320 Subsidy rate Weighted average subsidy rate Guaranteed loan subsidy budget authority 2330 Subsidy budget authority Program and Financing in millions of dollars 2339 Identification code actual 1998 est 1999 est Obligations by program activity Direct loan subsidy Guaranteed loan subsidy Credit administrative expenses Total subsidy outlays Total obligations Administrative expense data Budget authority Outlays from new authority The Overseas Private Investment Corporation encourages the participation of United States private sector capital and skills in the economic and social development of developing countries and emerging market economies Its primary credit program is investment financing through loans and guaranteed loans As required by the Federal Credit Reform Act of 1990 the Program Account records the subsidy costs associated with the direct loans obligated and loan guarantees committed in 1992 and beyond including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year as well as administrative expenses of this program The subsidy amounts are estimated on a present value basis the administrative expenses are estimated on a cash basis Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unobligated balance transferred to other accounts 22 30 Unobligated balance expiring Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation Transferred from other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from current balances Object Classification in millions of dollars Total outlays gross Net budget authority and outlays 89 00 Budget authority Outlays Direct loan levels supportable by subsidy budget authority 1150 Direct loan levels actual 1998 est 1999 est est Personnel compensation Full time permanent Civilian personnel benefits Travel and transportation of persons Rental payments to others Other services contracts Supplies and materials Grants subsidies and contributions Subtotal direct obligations Below reporting threshold Total obligations Personnel Summary Identification code est Summary of Loan Levels Subsidy Budget Authority and Outlays by Program in millions of dollars Identification code actual Identification code Total compensable workyears Full time equivalent employment actual est est 132 OVERSEAS PRIVATE INVESTMENT CORPORATION Continued Federal Funds Continued INTERNATIONAL ASSISTANCE PROGRAMS OVERSEAS PRIVATE INVESTMENT CORPORATION DIRECT LOAN FINANCING ACCOUNT sulted from obligations in any year The amounts in this account are a means of financing and are not included in the budget totals Program and Financing in millions of dollars Identification code Obligations by program activity 00 01 Direct program Direct program actual 1998 est Balance Sheet in millions of dollars 1999 est Identification code ASSETS Federal assets Fund balances with Treasury Investments in US securities 1106 Receivables net Non Federal assets Receivables net Net value of assets related to post 1991 direct loans receivable 1401 Direct loans receivable gross Interest receivable Foreclosed property Allowance for subsidy cost Total obligations Budgetary resources available for obligation 21 40 Unobligated balance available start of year Uninvested New financing authority gross Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Net present value of assets related to direct loans New financing authority gross detail 67 15 Authority to borrow indefinite Spending authority from offsetting collections Offsetting collections cash Total new financing authority gross Change in unpaid obligations Unpaid obligations start of year 72 40 Obligated balance Uninvested Receivables from program account Total unpaid obligations start of year New obligations Total financing disbursements gross Unpaid obligations end of year Obligated balance Uninvested Receivables from program account Total unpaid obligations end of year Total financing disbursements gross actual 1998 est 1999 est Total assets LIABILITIES Federal liabilities 2101 Accounts payable Interest payable Debt Other Federal liabilities Non Federal liabilities Other actual Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 00 Federal sources Non Federal sources 88 40 Repayments of Principal Interest received on loans Fees Total liabilities NET POSITION 3300 Cumulative results of operations Total net position Total liabilities and net position OVERSEAS PRIVATE INVESTMENT CORPORATION GUARANTEED LOAN FINANCING ACCOUNT Program and Financing in millions of dollars Identification code Total offsetting collections cash Change in receivables from program accounts Net financing authority and financing disbursements Financing authority Financing disbursements actual 1998 est 1999 est Position with respect to appropriations act limitation on obligations 1111 Limitation on direct loans Direct loan obligations exempt from limitation Total direct loan obligations Cumulative balance of direct loans outstanding Outstanding start of year Disbursements Direct loan disbursements Repayments Repayments and prepayments Outstanding end of year As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 1992 and beyond including modifications of direct loans that re 1998 est 1999 est Obligations by program activity Default claims Capitalized costs Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New financing authority gross Status of Direct Loans in millions of dollars Identification code actual 68 00 Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New financing authority gross detail Spending authority from offsetting collections gross Offsetting collections cash Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total financing disbursements gross Unpaid obligations end of year Obligated balance Uninvested Total financing disbursements gross Offsets Against gross financing authority and financing disbursements Offsetting collections cash from 88 00 Federal sources Payments from program account Interest on uninvested funds Non Federal sources 88 40 Claim recoveries OVERSEAS PRIVATE INVESTMENT CORPORATION Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR Credit accounts Continued OVERSEAS PRIVATE INVESTMENT CORPORATION GUARANTEED LOAN FINANCING ACCOUNT Continued Total liabilities NET POSITION 3300 Cumulative results of operations actual Identification code est Total net position Program and Financing in millions of dollars Continued Total liabilities and net position est Fees Total offsetting collections cash OVERSEAS PRIVATE INVESTMENT CORPORATION LIQUIDATING ACCOUNT Net financing authority and financing disbursements Financing authority Financing disbursements Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Status of Guaranteed Loans in millions of dollars 1998 est 1999 est Position with respect to appropriations act limitation on commitments 2111 Limitation on guaranteed loans made by private lenders Guaranteed loan commitments exempt from limitation Total guaranteed loan commitments Cumulative balance of guaranteed loans outstanding Outstanding start of year Disbursements of new guaranteed loans Repayments and prepayments Adjustments 2262 Terminations for default that result in acquisition of property Terminations for default that result in claim payments Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year Net present value of assets related to defaulted guaranteed loans Total assets LIABILITIES 2103 Federal liabilities Debt Non Federal liabilities 2204 Liabilities for loan guarantees Other non fed Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year 21 40 Uninvested U S Securities Par value Total unobligated balance start of year New budget authority gross Capital transfer to general fund Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested U S Securities Par value Total unobligated balance end of year New budget authority gross detail Spending authority from offsetting collections gross Offsetting collections cash Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested actual 1997 actual 1998 est Outlays gross detail Outlays from new permanent authority Outlays from permanent balances Total outlays gross Offsets Against gross budget authority and outlays Offsetting collections cash from 88 20 Interest on U S securities Non Federal sources Balance Sheet in millions of dollars ASSETS 1101 Federal assets Fund balances with Treasury Non Federal assets Receivables net Net value of assets related to post 1991 acquired defaulted guaranteed loans receivable 1501 Defaulted guaranteed loans receivable gross As required by the Federal Credit Reform Act of 1990 this non budgetary account records all cash flows to and from the Government resulting from loan guarantees committed in 1992 and beyond including modifications of loan guarantees that resulted from commitments in any year The amounts in this account are a means of financing and are not included in the budget totals Identification code Obligations by program activity Direct program Addendum Cumulative balance of defaulted guaranteed loans that result in loans receivable 2310 Outstanding start of year Disbursements for guaranteed loan claims Repayments of loans receivable Outstanding end of year actual Identification code est Total offsetting collections cash Net budget authority and outlays Budget authority Outlays Status of Direct Loans in millions of dollars Identification code Cumulative balance of direct loans outstanding 1210 Outstanding start of year Disbursements Direct loan disbursements Repayments Repayments and prepayments Write offs for default Other adjustments net Outstanding end of year actual 1998 est 1999 est TRADE AND DEVELOPMENT AGENCY Federal Funds INTERNATIONAL ASSISTANCE PROGRAMS Status of Guaranteed Loans in millions of dollars 1997 actual Identification code est 1999 est Cumulative balance of guaranteed loans outstanding 2210 Outstanding start of year Disbursements of new guaranteed loans Repayments and prepayments Adjustments Other adjustments net Outstanding end of year Memorandum Guaranteed amount of guaranteed loans outstanding end of year to remain available until September Provided That the Trade and Development Agency may receive reimbursements from corporations and other entities for the costs of grants for feasibility studies and other project planning services to be deposited as an offsetting collection to this account and to be available for obligation until September for necessary expenses under this paragraph Provided further That such reimbursements shall not cover or be allocated against direct or indirect administrative costs of the agency Foreign Operations Export Financing and Related Programs Appropriation Act 1998 Program and Financing in millions of dollars As required by the Federal Credit Reform Act of 1990 this account records for this program all cash flows to and from the Government resulting from direct loans obligated and loan guarantees committed prior to 1992 This account is shown on a cash basis All new activity in this program in 1992 and beyond including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year is recorded in corresponding program financing and noncredit accounts Statement of Operations in millions of dollars 1996 actual 1997 actual Revenue Expense Net income or loss Identification code est Identification code actual 1998 est 1999 est Obligations by program activity Feasibility studies and other activities Operating expenses Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross est Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Appropriation 40 00 Appropriation Appropriation Transferred from other accounts Appropriation total Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Balance Sheet in millions of dollars 1996 actual Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1102 Treasury securities par Receivables net Non Federal assets Receivables net Net value of assets related to pre 1992 direct loans receivable and acquired defaulted guaranteed loans receivable 1601 Direct loans gross Allowance for estimated uncollectible loans and interest Direct loans and interest receivable net Value of assets related to direct loans Foreclosed property actual 1998 est 1999 est Outlays gross detail Outlays from new current authority Outlays from current balances Total outlays gross Net budget authority and outlays Budget authority Outlays Total net position Appropriated funds provide for the costs of the U S Trade and Development Agency TDA which include program costs of grants for feasibility studies and other project planning activities and the cost of managing the TDA programs such as salaries and expenses of direct hire personnel and obtaining the services of consultants TDA finances these activities for major projects in the developing world to foster economic development and to encourage the use of U S technology goods and services in project implementation 4999 Total liabilities and net position Object Classification in millions of dollars 1999 Total assets LIABILITIES 2104 Federal liabilities Resources payable to Treasury Non Federal liabilities Other Total liabilities NET POSITION 3200 Invested capital Cumulative results of operations Identification code TRADE AND DEVELOPMENT AGENCY Federal Funds General and special funds TRADE AND DEVELOPMENT AGENCY For necessary expenses to carry out the provisions of section 661 of the Foreign Assistance Act of actual 1998 est 1999 est Personnel compensation Full time permanent Civilian personnel benefits Advisory and assistance services Grants subsidies and contributions Subtotal direct obligations Below reporting threshold Total obligations TRADE AND DEVELOPMENT AGENCY Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR TRADE AND DEVELOPMENT AGENCY Continued Personnel Summary 1997 actual Identification code Total compensable workyears Full time equivalent employment est Federal Funds General and special funds PEACE CORPS For expenses necessary to carry out the provisions of the Peace Corps Act 75 Stat including the purchase of not to exceed five passenger motor vehicles for administrative purposes for use outside of the United States Provided That none of the funds appropriated under this heading shall be used to pay for abortions Provided further That 1 funds appropriated under this heading shall remain available until September Foreign Operations Export Financing and Related Programs Appropriation Act The Administration proposes to delete this provision and will work with Congress to address the issue of abortion funding Program and Financing in millions of dollars 1997 actual 1998 est 1999 est Obligations by program activity Direct program 00 01 Millennium initiative Africa region Europe Mediterranean Asia region Inter America Pacific region Other volunteer support Total direct program Reimbursable program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Unobligated balance transferred from other accounts 22 30 Unobligated balance expiring Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Net budget authority and outlays Budget authority Outlays est PEACE CORPS Identification code Total outlays gross Offsets Against gross budget authority and outlays 88 00 Offsetting collections cash from Federal sources General and special funds Continued Peace Corps operating expenses will provide direct and indirect support for an average of 6 000 Americans engaged in voluntary services in 84 countries worldwide in 1998 The Volunteers help fill the trained manpower needs of developing countries and encourage self sustaining development of skilled manpower The Peace Corps promotes mutual understanding between the peoples of the developing world and the United States and focuses the attention of the American people on the benefits of volunteerism Peace Corps Volunteers work primarily in the areas of agriculture education economic development health and environment Millennium Initiative This presidential initiative will support the Peace Corps efforts to place a total of 5 712 new trainees in the field in 1999 and will put the Peace Corps on a path to a volunteer corps of 10 000 in the new century The World Wise Schools Program which connects Peace Corps volunteers with American teachers and students to promote international understanding will be expanded to 10 000 teachers The Initiative also includes an increase of 100 in the number of Crisis Corps volunteers who provide assistance to the international relief community during humanitarian crises and natural disasters Africa Region The Africa Region will support 1 272 new trainees and an average of 2 227 Volunteers during 1998 These Volunteers and trainees will work in 28 sub Saharan countries Europe Mediterranean and Asia Region In 1998 an average of 1 815 volunteers will work in 26 countries in Eastern and Central Europe the former Soviet Union North Africa and Asia The region will support 1 140 new trainees Inter America and Pacific Region An average of 1 947 volunteers will work in 30 countries in the Caribbean Central America South America and the Pacific This office will also fund 1 166 new trainees in 1998 Other Volunteer Support These activities fund a wide range of volunteer and program related costs including medical support for Volunteers recruitment and placement technical resources domestic programs policy and direction and related administration and oversight 2 New budget authority gross detail Current 40 00 Appropriation Transferred from other accounts Appropriation total Permanent Spending authority from offsetting collections Offsetting collections cash Total new budget authority gross Object Classification in millions of dollars Change in unpaid obligations 72 40 Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail 86 90 Outlays from new current authority Outlays from current balances Outlays from new permanent authority Identification code actual 1998 est 1999 est Direct obligations Personnel compensation Full time permanent Other than full time permanent Other personnel compensation Special personal services payments Special personal services payments Trainees and volunteers Total personnel compensation Civilian personnel benefits Benefits for former personnel Travel and transportation of persons Transportation of things Rental payments to GSA Rental payments to others Communications utilities and miscellaneous charges Printing and reproduction Other services Purchases of goods and services from Government accounts Operation and maintenance of facilities INTER AMERICAN FOUNDATION Federal Funds INTERNATIONAL ASSISTANCE PROGRAMS Medical care Operation and maintenance of equipment Supplies and materials Equipment Subtotal direct obligations Reimbursable obligations Below reporting threshold Total obligations Personnel Summary 1997 actual Identification code Total compensable workyears Full time equivalent employment est est 4 4 INTER AMERICAN FOUNDATION Federal Funds Personnel Summary General and special funds Identification code Direct 1001 Total compensable workyears Full time equivalent employment Reimbursable 2001 Total compensable workyears Full time equivalent employment actual 1998 est 1999 est INTER AMERICAN FOUNDATION For expenses necessary to carry out the functions of the Inter American Foundation in accordance with the provisions of section 401 of the Foreign Assistance Act of 1969 and to make commitments without regard to fiscal year limitations as provided by 31 U S C 9104 b Program and Financing in millions of dollars Identification code actual 1998 est 1999 est PEACE CORPS MISCELLANEOUS TRUST FUNDS Obligations by program activity Development grants Development research and dissemination In country support Program management and operations Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Unavailable Collections in millions of dollars Identification code Balance start of year Balance start of year Receipts 02 01 Miscellaneous trust funds Peace Corps Appropriation 05 01 Peace Corps miscellaneous trust fund Total balance end of year actual 1998 est 1999 est Program and Financing in millions of dollars Identification code Obligations by program activity Total obligations object class actual 1 Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross est est New budget authority gross detail Appropriation trust fund indefinite Change in unpaid obligations New obligations Total outlays gross Outlays gross detail 86 98 Outlays from permanent balances New budget authority gross detail Current 40 00 Appropriation Transferred from other accounts Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Appropriation total Permanent Spending authority from offsetting collections Offsetting collections cash Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Approriation Miscellaneous contributions received by gift devise bequest or from foreign governments are used for the furtherance of the program as authorized by 22 U S C 2509 a 3 75 Stat 612 as amended Trust funds also include a fund to pay separation costs for Foreign Service National employees of the Peace Corps in those countries in which such pay is legally authorized The fund as authorized by Public Law is maintained by annual Government contributions which are appropriated in the Peace Corps salaries and expenses account Outlays gross detail Outlays from new current authority Outlays from current balances Outlays from new permanent authority Outlays from permanent balances Net budget authority and outlays 89 00 Budget authority Outlays Total outlays gross Offsets Against gross budget authority and outlays 88 00 Offsetting collections cash from Federal sources Net budget authority and outlays Budget authority Outlays Established by the 1969 Foreign Assistance Act the InterAmerican Foundation supports grassroots development initia 968 INTER AMERICAN FOUNDATION Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued AFRICAN DEVELOPMENT FOUNDATION INTER AMERICAN FOUNDATION Continued Federal Funds tives in Latin America and the Caribbean with a direct impact on the lives and the capacity for self reliance of people at the lowest economic levels In addition to appropriations and private gifts the Foundation is funded by annual transfers from the Social Progress Trust Fund administered by the Inter American Development Bank In 1999 the IAF will continue its new strategic programming approach which emphasizes 1 building partnerships among grassroots organizations Non Governmental Organizations local governments and private enterprises to foster social and economic development at the local level and 2 expanding access to private business sector resources for grassroots development The IAF will continue to refine its system of measuring the results of its grants for the purposes of identifying and disseminating best practices and lessons for the benefit of the major development funders new private sector contributors and development practitioners Using information derived from the results system that is based on the grassroots development framework from a set of learning practices focused on grants the Foundation will systematically incorporate lessons learned back into the Foundation s strategic planning and grant decision making processes It will also disseminate the results assessment system and development information to partner organizations in the region to other donors and enterprises supporting development activities and to grassroots practitioners Development Grants This activity includes the cost of all grants made directly to grassroots membership and service organizations to carry out development projects in Latin America and the Caribbean In 1999 the Foundation plans to award approximately 100 grants and 20 grant supplements in 17 countries Development Research and Evaluation This activity funds grants and fellowships for grassroots development research and for the evaluation of the Foundation s projects In country Support Resources associated with this activity are used by local development professionals in Latin America and the Caribbean to provide grantees with technical assistance and training when necessary to conduct and assess the results of their projects Program Management and Operation This activity includes Foundation expenses for salaries and benefits travel rent service contracts and other support costs Object Classification in millions of dollars 1997 actual Identification code AFRICAN DEVELOPMENT FOUNDATION To carry out Title V of the International Security and Development Cooperation Act of 1980 Public Law and to make commitments without regard to fiscal year limitations 31 U S C 9104 b Provided That funds made available to grantees may be invested pending expenditure for project purposes when authorized by the President of the Foundation Provided further That interest earned shall be used only for the purposes for which the grant was made Provided further That this authority applies to interest earned both prior to and following enactment of this provision Provided further That notwithstanding section 505 a 2 of the African Development Foundation Act in exceptional circumstances the board of directors of the Foundation may waive the limitation contained in that section with respect to a project Provided further That the Foundation shall provide a report to the Committees on Appropriations after each time such waiver authority is exercised Program and Financing in millions of dollars Identification code est est Personnel compensation Full time permanent Civilian personnel benefits Rental payments to others Advisory and assistance services Grants subsidies and contributions Subtotal direct obligations Below reporting threshold Total obligations actual Obligations by program activity Direct program 00 01 Advance sustainable development and empowerment of the poor in Africa Enhance US assistance and relations with Africa Expand use of participatory development policies and practices Internal agency objectives Reimbursable program Total obligations Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross est 1999 est Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Current 40 00 Appropriation Transferred from other accounts General and special funds Appropriation total Permanent Spending authority from offsetting collections Offsetting collections cash Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance start of year New obligations Total outlays gross Unpaid obligations end of year Obligated balance end of year Outlays gross detail Outlays from new current authority Outlays from current balances Outlays from new permanent authority Offsets Against gross budget authority and outlays 88 00 Offsetting collections cash from Federal sources Total outlays gross Personnel Summary Identification code Total compensable workyears Full time equivalent employment actual est est Net budget authority and outlays Budget authority Outlays INTERNATIONAL MONETARY PROGRAMS Federal Funds INTERNATIONAL ASSISTANCE PROGRAMS The African Development Foundation ADF a public corporation is a unique agency of the U S Government that supports community based self help initiatives to alleviate poverty and to promote sustainable development in Africa Through its grant program ADF has pioneered participatory development in Africa Foundation grants are made directly to private grassroots African groups and are premised on self help to foster self reliance through the promotion of African leadership and ownership of the development process The Foundation has recently completed a 15 month comprehensive reengineering process in which ADF has a developed new strategic goals and objectives at the corporate level and for all country programs to focus and concentrate financial resources for greater impact b completed an organizational restructuring to focus more human resources on field operations c streamlined all programming and support systems to increase operational efficiency and effectiveness and d implemented a plan designed to increase the decision making program monitoring and evaluation capacity of field staff In addition ADF has installed a new grants accounting system and procured computer hardware and software to permit Internet access and connectivity with field staff Finally the Foundation is pursuing strategic partnerships with the private sector and other donors to leverage resources and to develop new modes of assistance for Africa In 1999 ADF will provide assistance to fifteen countries in Africa but resources will be concentrated in eight Benin Ghana Guinea Mali Senegal Tanzania Uganda and Zimbabwe This budget request will fund the Foundation s operating costs and more than 50 small grants to African non governmental organizations community based groups and researchers in pursuit of ADF s three strategic goals Program Components 1 Advance sustainable development and empowerment of the poor in Africa ADF will promote micro and small enterprise development which will generate employment and enhance income ADF will also seek to improve community based natural resource management for sustainable rural development Increasing participation of African grassroots enterprises and producer groups in trade and investment relationships with the U S and within Africa is another primary focus of ADF Finally ADF will work to strengthen civil society and local governance and to encourage African governments to expand grassroots participation in policy making and resource allocation processes Examples of projects which will be funded are micro finance capital business development services training and technical assistance soil and water reclamation civil education and advocacy training 2 Enhance U S assistance and relations with Africa ADF will share its experience and encourage expanded U S funding for participatory grassroots development improve program and policy coordination on grassroots development among U S foreign assistance and foreign policy agencies and leverage public and private resources through strategic partnerships 3 Expand use of participatory development policies and practices ADF will intensify its efforts to develop evaluate and disseminate new interventions and methodologies for participatory development and encourage African governments to increase utilization of participatory development best practices Object Classification in millions of dollars Identification code actual 1998 est 1999 est Direct obligations Personnel compensation Full time permanent Grants subsidies and contributions Subtotal direct obligations Reimbursable obligations Below reporting threshold Total obligations Personnel Summary 1997 actual Identification code Total compensable workyears Full time equivalent employment est 1999 est INTERNATIONAL MONETARY PROGRAMS Federal Funds General and special funds UNITED STATES QUOTA INTERNATIONAL MONETARY FUND Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Obligations by program activity Direct program Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested Resources available from recoveries of prior year obligations Unobligated balance expiring Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from permanent balances Net budget authority and outlays Budget authority Outlays Recent financial developments in Asia have required an urgent response from the international community The United States independently and through the multilateral mechanism of the International Monetary Fund IMF has taken a strong lead in shaping the international response to the threat of more widespread financial instability The IMF has acted quickly to provide financial support in conjunction with strong policy direction to the affected countries in the region mitigating the spillover effects from their financial crises on the global economy and consequently on U S output and employment It is imperative that the United States continue to provide strong leadership in the IMF and to support the IMF s efforts to bring about fundamental economic and financial sector reforms in these countries that establish the foundation for renewed growth In consultation with Congress the Administration expects to request a supplemental appropriation for 1998 for an increase in the U S quota of the IMF and for U S participation in the New Arrangements to Borrow NAB so that the IMF remains an effective promoter of international financial stability which is essential to continued U S economic growth 970 INTERNATIONAL MONETARY PROGRAMS Continued Federal Funds Continued THE BUDGET FOR FISCAL YEAR 1999 General and special funds Continued UNITED STATES QUOTA INTERNATIONAL MONETARY FUND Continued Quota Increase The International Monetary Fund established in 1945 is a multilateral organization of 182 member nations Its functions include promoting international monetary cooperation and exchange rate stability facilitating the development of the productive resources of its members and consistent with these objectives providing financial assistance with adequate safeguards to allow members to correct prolonged payments imbalances without resort to measures harmful to the international monetary system The IMF is a subscription based institution Members quota subscriptions are the primary source of the IMF s funding for members seeking to redress the underlying causes of severe and prolonged external payments problems IMF quotas have not been increased since 1992 The IMF membership completed the Eleventh Review of Quotas in September of 1997 and agreed on the need for a 45 overall increase in quotas to maintain the IMF s relative influence in relation to the growing international capital markets and its ability to respond effectively to financial crises Recent IMF programs to provide crisis assistance in Asia have drawn heavily on the Fund s existing quota resources reducing them to relatively low levels The United States urgently needs to provide its share of the IMF s proposed 87 billion increase in regular resources so that the IMF can continue to meet members anticipated demands while coping with additional exceptional calls under current crisis conditions should they arise In consultation with Congress the Administration expects to request a supplemental appropriation for 1998 amounting to the U S dollar equivalent of million Special Drawing Rights 14 5 billion for an increase in the U S quota for the IMF In accordance with the budgetary treatment recommended by the Presidential Commission on Budgetary Concepts in 1968 and modified by the Congress in 1980 U S transactions with the IMF under the quota subscription are monetary exchanges which will not be scored as outlays and thus will not increase the deficit This is because the United States receives a liquid interest bearing claim on the IMF corresponding to any transfer under the U S quota subscription to the IMF and that claim would be backed by the IMF s substantial reserves including its holdings of gold The authority for the discretionary cap adjustment to accommodate the budget authority for an appropriation for the quota was obtained in P L LOANS TO to financial crises that threaten the stability of the international monetary system The NAB would provide additional resources for such emergencies beyond those available under the GAB IMF lending programs financed from credits extended to the IMF under both the GAB and the NAB typically require borrowing countries to implement comprehensive market based structural reforms to support the immediate stabilization efforts and long term market opening and transparency In consultation with the Congress the Administration expects to request a 1998 supplemental appropriation amounting to the dollar equivalent of 2 462 million Special Drawing Rights 3 4 billion to cover the United States share of the proposed NAB This supplemental request would allow the United States to provide its fair share of contingent supplementary resources for the IMF for dealing with international financial crises of systemic import In accordance with the budgetary treatment recommended by the Presidential Commission on Budgetary concepts in 1968 and modified by the Congress in 1980 United States transactions with the IMF under the NAB as under the GAB will not be scored as outlays and thus will not increase the deficit This is because the United States would receive a liquid interest bearing claim on the IMF corresponding to any transfer under the NAB to the IMF and that claim would be backed by the IMF s substantial reserves including its holdings of gold The authority for a discretionary cap adjustment to accommodate the budget authority for an appropriation for the NAB was obtained in P L CONTRIBUTION TO THE ENHANCED STRUCTURAL ADJUSTMENT FACILITY OF THE INTERNATIONAL MONETARY FUND For payment to the Interest Subsidy Account of the Enhanced Structural Adjustment Facility of the International Monetary Fund to remain available until expended Additional authorizing legislation required Program and Financing in millions of dollars Identification code actual 1998 est 1999 est Program and Financing in millions of dollars Obligations by program activity Direct program Total obligations object class Budgetary resources available for obligation New budget authority gross New obligations INTERNATIONAL MONETARY FUND 00 01 New budget authority gross detail Appropriation Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Identification code Budgetary resources available for obligation Unobligated balance available start of year Uninvested Unobligated balance available end of year Uninvested actual 1998 est 1999 est Net budget authority and outlays 89 00 Budget authority Outlays New Arrangements to Borrow The New Arrangements to Borrow NAB proposed by the IMF in 1997 is modeled on the General Arrangements to Borrow GAB which was established in 1962 by 10 industrial countries including the United States The GAB is a set of individual credit lines extended to the IMF by participating countries these credit lines are intended to supplement the IMF s resources when responding Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays The Enhanced Structural Adjustment Facility ESAF is an important feature of United States foreign economic policy in the developing world The relatively modest U S contribution to the facility helps to leverage 15 billion in total concessional lending to developing and transitional economies ESAF promotes strong market based economic and financial MILITARY SALES PROGRAMS Trust Funds INTERNATIONAL ASSISTANCE PROGRAMS reforms catalyzes other sources of assistance supports the multilateral program for sustainable debt for the most heavily indebted poor countries HIPC and advances the objectives of the Administration s Partnership for Growth and Opportunity in Africa Countries that borrow from ESAF are usually required to adopt strong multi year economic and structural reform programs that foster a transition to open transparent market based economic activity ESAF programs advance critical U S interests in promoting economic growth financial stability and the conditions essential to foster open and accountable democratic institutions Created by the International Monetary Fund IMF in 1987 ESAF provides financing on concessional terms to poor countries with protracted balance of payments problems These poor countries most of which are in Africa or were part of the former Soviet Union generally do not have access to private capital flows and are otherwise dependent principally upon direct aid flows from official bilateral sources to meet their external financing needs ESAF obtains its resources from members of the IMF through loans to the ESAF Trust or through contributions to its interest subsidy account In the late 1980 s Congress authorized and appropriated 150 million for the U S contributions to the initial ESAF interest subsidy account In 1994 the IMF membership agreed to an expanded and enlarged successor ESAF bringing the total amount available for loans to roughly 15 billion The Administration offered to contribute an additional 100 million to the interest subsidy account to help support the enlarged loan capacity under this expanded ESAF This 100 million would outlay over a 15 year period The Congress authorized and appropriated 25 million of this amount in 1995 There is still 75 million outstanding from this commitment The Administration is seeking an appropriation of 7 million for 1999 to meet part of the remaining 75 million commitment to the enlarged ESAF It is also seeking authorization for this 75 million Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested New obligations Total outlays gross Adjustments in unexpired accounts Unpaid obligations end of year Obligated balance Uninvested Outlays gross detail Outlays from new current authority Outlays from permanent balances Total outlays gross Offsets Against gross budget authority and outlays 88 40 Offsetting collections cash from Non Federal sources Net budget authority and outlays Budget authority Outlays This fund shows the financing transactions related to the transfer of defense articles and services to foreign countries and international organizations This program is being phased out Balance Sheet in millions of dollars 1996 actual Identification code ASSETS Federal assets 1101 Fund balances with Treasury Investments in US securities 1106 Receivables net Other Federal assets Inventories and related properties actual 1998 est 1999 est Total assets LIABILITIES 2101 Federal liabilities Accounts payable Non Federal liabilities 2201 Accounts payable Other MILITARY SALES PROGRAMS Federal Funds Public enterprise funds Total liabilities NET POSITION 3200 Invested capital Identification code actual 1998 est Total net position Program and Financing in millions of dollars SPECIAL DEFENSE ACQUISITION FUND Total liabilities and net position est Obligations by program activity 09 00 Reimbursable program Total obligations object class Budgetary resources available for obligation Unobligated balance available start of year Uninvested New budget authority gross Resources available from recoveries of prior year obligations Capital transfer to general fund Trust Funds FOREIGN MILITARY SALES TRUST FUND Total budgetary resources available for obligation New obligations Unobligated balance available end of year Uninvested New budget authority gross detail Current 40 29 Appropriation available in prior year Permanent Spending authority from offsetting collections 68 00 Offsetting collections cash Capital transfer to general fund Unavailable Collections in millions of dollars Identification code Balance start of year Encumbered future receipts start of year Receipts 02 01 Deposits advances foreign military sales Total Balances and collections Appropriation 05 01 Foreign military sales trust fund Total balance end of year actual 1998 est 1999 est Program and Financing in millions of dollars Spending authority from offsetting collections total Identification code Obligations by program activity Military personnel Operations and maintenance actual est est MILITARY SALES PROGRAMS Continued Trust Funds Continued THE BUDGET FOR FISCAL YEAR 1999 FMS TRUST FUND TRANSACTIONS FOREIGN MILITARY SALES TRUST FUND Continued 1997 actual 1997 actual Identification code est 1998 est 1999 est Obligations of the fund Receipts from foreign governments appropriation Program and Financing in millions of dollars Continued Net budget authority Payments from the fund outlays Receipts from foreign governments appropriation Net outlays est Procurement Research development test and evaluation Special defense acquisition fund Revolving and management funds Construction Other Total reimbursable program Total obligations object class KUWAIT CIVIL RECONSTRUCTION TRUST FUND Unavailable Collections in millions of dollars Budgetary resources available for obligation 22 00 New budget authority gross New obligations New budget authority gross detail Appropriation trust fund indefinite Portion applied to liquidate contract authority actual Identification code Appropriation total Contract authority indefinite Total new budget authority gross Change in unpaid obligations Unpaid obligations start of year Obligated balance 72 40 Uninvested Contract authority actual Budgetary resources available for obligation Unobligated balance available start of year Uninvested Unobligated balance expiring Total unpaid obligations start of year New obligations Total outlays gross Unpaid obligations end of year Obligated balance Uninvested Contract authority Total unpaid obligations end of year Outlays gross detail Outlays from new permanent authority Outlays from permanent balances Total outlays gross Net budget authority and outlays Budget authority Outlays est Total budgetary resources available for obligation Unobligated balance available end of year Uninvested est est Program and Financing in millions of dollars Identification code est Unobligated balance returned to receipts Net budget authority and outlays Budget authority Outlays This trust fund was established to show the U S costs in helping the Government of Kuwait survey and assess the cost of repairing its civil infrastructure The Government of Kuwait reimburses the United States with its own funds for all incurred expenses Any unused funds will be returned to the Government of Kuwait SPECIAL ASSISTANCE FOR CENTRAL AMERICA Federal Funds General and special funds DEMOBILIZATION Status of Contract Authority in millions of dollars AND TRANSITION FUND Program and Financing in millions of dollars 1997 actual Identification code Balance start of year Contract authority 0200 Contract authority Appropriation to liquidate contract authority Balance end of year est 1999 est This trust fund facilitates government to government sales of defense articles defense services and design and construction services Estimates of sales used in this budget are in millions of dollars ESTIMATES OF NEW SALES 1997 actual Estimates of new orders sales est est Identification code Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Total outlays gross Unpaid obligations end of year Obligated balance Uninvested actual 1998 est 1999 est Outlays gross detail Outlays from current balances Net budget authority and outlays Budget authority Outlays Orders placed through this trust fund can be combined with procurement for U S military departments The savings are shared by the United States and foreign governments The net impact of foreign military sales on the budget is in millions of dollars Funds for this account were transferred from Foreign Military Financing pursuant to P L to support costs of demobilization retraining relocation and reemployment in civilian pursuits of former combatants in the conflict in El Salvador TITLE V GENERAL PROVISIONS INTERNATIONAL ASSISTANCE PROGRAMS CENTRAL AMERICAN RECONCILIATION ASSISTANCE Program and Financing in millions of dollars 1997 actual Identification code est 1999 est Budgetary resources available for obligation Unobligated balance available start of year Uninvested Unobligated balance available end of year Uninvested Change in unpaid obligations Unpaid obligations start of year Obligated balance Uninvested Unpaid obligations end of year Obligated balance Uninvested Net budget authority and outlays Budget authority Outlays current fiscal year Provided That appropriate steps shall be taken to assure that to the maximum extent possible United States owned foreign currencies are utilized in lieu of dollars Provided further That of the funds made available by this Act for general costs of administering military assistance and sales under the heading Foreign Military Financing Program not to exceed 2 000 shall be available for entertainment expenses and not to exceed 50 000 shall be available for representation allowances Provided further That of the funds made available by this Act under the heading International Military Education and Training not to exceed 50 000 shall be available for entertainment allowances Provided further That of the funds made available by this Act for the Inter American Foundation not to exceed 2 000 shall be available for entertainment and representation allowances Provided further That of the funds made available by this Act for the Peace Corps not to exceed a total of 4 000 shall be available for entertainment expenses Provided further That of the funds made available by this Act under the heading Trade and Development Agency not to exceed 2 000 shall be available for representation and entertainment allowances PROHIBITION Funds for this account were transferred from the Department of Defense in accordance with Public Law in order to provide humanitarian assistance to the Nicaraguan democratic resistance Adjustments to the account were made in Public Law and Public Law GENERAL FUND RECEIPT ACCOUNTS in millions of dollars 1997 actual Offsetting receipts from the public Interest on foreign military credit sales Repayment of loans foreign military credit sales Dollar repayments of loans Agency for International Development est 1999 est General Fund Offsetting receipts from the public TITLE V GENERAL PROVISIONS OBLIGATIONS DURING LAST MONTH OF AVAILABILITY SEC 501 Except for the appropriations entitled International Disaster Assistance and United States Emergency Refugee and Migration Assistance Fund not more than 15 percent of any appropriation item made available by this Act shall be obligated during the last month of availability PROHIBITION OF BILATERAL FUNDING FOR INTERNATIONAL FINANCIAL INSTITUTIONS SEC 502 Notwithstanding section 614 of the Foreign Assistance Act of 1961 as amended none of the funds contained in title II of this Act may be used to carry out the provisions of section 209 d of the Foreign Assistance Act of 1961 LIMITATION ON RESIDENCE EXPENSES SEC 503 Of the funds appropriated or made available pursuant to this Act not to exceed shall be for official residence expenses of the Agency for International Development during the current fiscal year Provided That appropriate steps shall be taken to assure that to the maximum extent possible United States owned foreign currencies are utilized in lieu of dollars LIMITATION ON EXPENSES SEC 504 Of the funds appropriated or made available pursuant to this Act not to exceed 5 000 shall be for entertainment expenses of the Agency for International Development during the current fiscal year LIMITATION ON REPRESENTATIONAL ALLOWANCES SEC 505 Of the funds appropriated or made available pursuant to this Act not to exceed 95 000 shall be available for representation allowances for the Agency for International Development during the 973 ON FINANCING NUCLEAR GOODS SEC 506 None of the funds appropriated or made available other than funds for Nonproliferation Anti terrorism Demining and Related Programs pursuant to this Act for carrying out the Foreign Assistance Act of 1961 may be used except for purposes of nuclear safety to finance the export of nuclear equipment fuel or technology PROHIBITION AGAINST DIRECT FUNDING FOR CERTAIN COUNTRIES SEC 507 None of the funds appropriated or otherwise made available pursuant to this Act shall be obligated or expended to finance directly any assistance or reparations to Cuba Iraq Libya North Korea Iran Sudan or Syria unless the President determines that to do so is in the national interest of the United States Provided That for purposes of this section the prohibition on obligations or expenditures shall include direct loans credits insurance and guarantees of the Export Import Bank or its agents MILITARY COUPS SEC 508 None of the funds appropriated or otherwise made available pursuant to this Act shall be obligated or expended to finance directly any assistance to any country whose duly elected head of government is deposed by military coup or decree unless the President determines that to do so is in the national interest of the United States Provided That assistance may be resumed to such country if the President determines and reports to the Committees on Appropriations that subsequent to the termination of assistance a democratically elected government has taken office TRANSFERS BETWEEN ACCOUNTS SEC 509 None of the funds made available by this Act may be obligated under an appropriation account to which they were not appropriated except for transfers specifically provided for in this Act unless the President prior to the exercise of any authority contained in the Foreign Assistance Act of 1961 to transfer funds consults with and provides a written policy justification to the Committees on Appropriations of the House of Representatives and the Senate Provided That the exercise of such authority shall be subject to the regular notification procedures of the Committees on Appropriations DEOBLIGATION REOBLIGATION AUTHORITY SEC 510 a Amounts certified pursuant to section 1311 of the Supplemental Appropriations Act 1955 as having been obligated against appropriations heretofore made under the authority of the Foreign Assistance Act of 1961 for the same general purpose as any of the headings under title II of this Act are if deobligated hereby continued available for the same period as the respective appropriations under such headings or until September whichever is later and for the same general purpose and for countries within the same region as originally obligated Provided That the Appropriations Committees of both Houses of the Congress are notified 15 days in advance of the reobligation of such funds in accordance with regular notification procedures of the Committees on Appropriations b Obligated balances of funds appropriated to carry out section 23 of the Arms Export Control Act as of the end of the fiscal year immediately preceding the current fiscal year are if deobligated hereby continued available during the current fiscal year for the same purpose under any authority applicable to such appropriations 974 TITLE V GENERAL PROVISIONS Continued THE BUDGET FOR FISCAL YEAR 1999 DEOBLIGATION REOBLIGATION AUTHORITY Continued under this Act Provided That the authority of this subsection may not be used in fiscal year AVAILABILITY OF FUNDS SEC 511 No part of any appropriation contained in this Act shall remain available for obligation after the expiration of the current fiscal year unless expressly so provided in this Act Provided That funds appropriated for the purposes of chapters 1 8 and 11 of part I section 667 and chapter 4 of part II of the Foreign Assistance Act of 1961 as amended and funds provided under the heading Assistance for Eastern Europe and the Baltic States shall remain available until expended if such funds are initially obligated before the expiration of their respective periods of availability contained in this Act Provided further That notwithstanding any other provision of this Act any funds made available for the purposes of chapter 1 of part I and chapter 4 of part II of the Foreign Assistance Act of 1961 which are allocated or obligated for cash disbursements in order to address balance of payments or economic policy reform objectives shall remain available until expended Provided further That the report required by section 653 a of the Foreign Assistance Act of 1961 shall designate for each country to the extent known at the time of submission of such report those funds allocated for cash disbursement for balance of payment and economic policy reform purposes LIMITATION ON ASSISTANCE TO COUNTRIES IN DEFAULT SEC 512 No part of any appropriation contained in this Act shall be used to furnish assistance to any country which is in default during a period in excess of one calendar year in payment to the United States of principal or interest on any loan made to such country by the United States pursuant to a program for which funds are appropriated under this Act unless the President determines that furnishing assistance to such country is in the national interest of the United States Provided That this section and section 620 q of the Foreign Assistance Act of 1961 shall not apply to funds made available in this Act or during the current fiscal year for Nicaragua the Democratic Republic of Congo and Liberia and for any narcoticsrelated assistance for Colombia Bolivia and Peru authorized by the Foreign Assistance Act of 1961 or the Arms Export Control Act COMMERCE AND TRADE SEC 513 a None of the funds appropriated or made available pursuant to this Act for direct assistance and none of the funds otherwise made available pursuant to this Act to the Export Import Bank and the Overseas Private Investment Corporation shall be obligated or expended to finance any loan any assistance or any other financial commitments for establishing or expanding production of any commodity for export by any country other than the United States if the commodity is likely to be in surplus on world markets at the time the resulting productive capacity is expected to become operative and if the assistance will cause substantial injury to United States producers of the same similar or competing commodity Provided That such prohibition shall not apply to the Export Import Bank if in the judgment of its Board of Directors the benefits to industry and employment in the United States are likely to outweigh the injury to United States producers of the same similar or competing commodity and the Chairman of the Board so notifies the Committees on Appropriations b None of the funds appropriated by this or any other Act to carry out chapter 1 of part I of the Foreign Assistance Act of 1961 shall be available for any testing or breeding feasibility study variety improvement or introduction consultancy publication conference or training in connection with the growth or production in a foreign country of an agricultural commodity for export which would compete with a similar commodity grown or produced in the United States Provided That this subsection shall not prohibit 1 activities designed to increase food security in developing countries where such activities will not have a significant impact in the export of agricultural commodities of the United States or 2 research activities intended primarily to benefit American producers SURPLUS COMMODITIES SEC 514 The Secretary of the Treasury shall instruct the United States Executive Directors of the International Bank for Reconstruction and Development the International Development Association the International Finance Corporation the Inter American Development Bank the International Monetary Fund the Asian Development Bank the Inter American Investment Corporation the North American Development Bank the European Bank for Reconstruction and Development the African Development Bank and the African Development Fund to use the voice and vote of the United States to oppose any assistance by these institutions using funds appropriated or made available pursuant to this Act for the production or extraction of any commodity or mineral for export if it is in surplus on world markets and if the assistance will cause substantial injury to United States producers of the same similar or competing commodity NOTIFICATION REQUIREMENTS SEC a For the purposes of providing the executive branch with the necessary administrative flexibility none of the funds made available under this Act for Child Survival and Disease Programs Fund Development Assistance Development Credit Authority International organizations and programs Trade and Development Agency International narcotics control Narcotics Interdiction Assistance for Eastern Europe and the Baltic States Assistance for the New Independent States of the Former Soviet Union Economic Support Fund Peacekeeping operations Operating expenses of the Agency for International Development Operating expenses of the Agency for International Development Office of Inspector General Nonproliferation anti terrorism demining and related programs Foreign Military Financing Program International military education and training Peace Corps Migration and refugee assistance shall be available for obligation for activities programs projects type of materiel assistance countries or other operations not justified or in excess of the amount justified to the Appropriations Committees for obligation under any of these specific headings unless the Appropriations Committees of both Houses of Congress are previously notified 15 days in advance Provided That the President shall not enter into any commitment of funds appropriated for the purposes of section 23 of the Arms Export Control Act for the provision of major defense equipment other than conventional ammunition or other major defense items defined to be aircraft ships missiles or combat vehicles not previously justified to Congress or 20 percent in excess of the quantities justified to Congress unless the Committees on Appropriations are notified 15 days in advance of such commitment Provided further That this section shall not apply to any reprogramming for an activity program or project under chapter 1 of part I of the Foreign Assistance Act of 1961 of less than 10 percent of the amount previously justified to the Congress for obligation for such activity program or project for the current fiscal year Provided further That the requirements of this section or any similar provision of this Act or any other Act including any prior Act requiring notification in accordance with the regular notification procedures of the Committees on Appropriations may be waived if failure to do so would pose a substantial risk to human health or welfare or that waiving such requirement is in the national interest of the United States Provided further That in case of any such waiver notification to the Congress or the appropriate congressional committees shall be provided as early as practicable but in no event later than three days after taking the action to which such notification requirement was applicable in the context of the circumstances necessitating such waiver Provided further That any notification provided pursuant to such a waiver shall contain an explanation of the emergency circumstances b Drawdowns made pursuant to section 506 a 2 of the Foreign Assistance Act of 1961 shall be subject to the regular notification procedures of the Committees on Appropriations AVAILABILITY OF FUNDS FOR INTERNATIONAL ORGANIZATIONS AND PROGRAMS LIMITATION ON SEC Notwithstanding any other provision of law or of this Act none of the funds provided for International Organizations and Programs shall be available for the United States proportionate share in accordance with section 307 c of the Foreign Assistance Act of 1961 for any programs identified in section 307 or for Libya Iran or at the discretion of the President Communist countries listed in section 620 f of the Foreign Assistance Act of 1961 as amended Provided That subject to the regular notification procedures of the Committees on Appropriations funds appropriated under this Act or any previously enacted Act making appropriations for foreign operations export financing and related programs which are returned or not made available for organizations and programs TITLE V GENERAL PROVISIONS Continued INTERNATIONAL ASSISTANCE PROGRAMS because of the implementation of this section or any similar provision of law shall remain available for obligation through September ECONOMIC SUPPORT FUND ASSISTANCE FOR ISRAEL SEC 517 The Congress finds that progress on the peace process in the Middle East is vitally important to United States security interests in the region The Congress recognizes that in fulfilling its obligations under the Treaty of Peace Between the Arab Republic of Egypt and the State of Israel done at Washington on March Israel incurred severe economic burdens Furthermore the Congress recognizes that an economically and militarily secure Israel serves the security interests of the United States for a secure Israel is an Israel which has the incentive and confidence to continue pursuing the peace process Therefore the Congress declares that subject to the availability of appropriations it is the policy and the intention of the United States that the funds provided in annual appropriations for the Economic Support Fund which are allocated to Israel shall not be less than the annual debt repayment interest and principal from Israel to the United States Government in recognition that such a principle serves United States interests in the region PROHIBITION FUNDING FOR ABORTIONS STERILIZATION ON AND INVOLUNTARY SEC None of the funds made available to carry out part I of the Foreign Assistance Act of 1961 as amended may be used to pay for the performance of abortions as a method of family planning or to motivate or coerce any person to practice abortions None of the funds made available to carry out part I of the Foreign Assistance Act of 1961 as amended may be used to pay for the performance of involuntary sterilization as a method of family planning or to coerce or provide any financial incentive to any person to undergo sterilizations None of the funds made available to carry out part I of the Foreign Assistance Act of 1961 as amended may be used to pay for any biomedical research which relates in whole or in part to methods of or the performance of abortions or involuntary sterilization as a means of family planning None of the funds made available to carry out part I of the Foreign Assistance Act of 1961 as amended may be obligated or expended for any country or organization if the President certifies that the use of these funds by any such country or organization would violate any of the above provisions related to abortions and involuntary sterilizations Provided That none of the funds made available under this Act may be used to lobby for or against abortion REPORTING REQUIREMENT SEC 519 Section 25 of the Arms Export Control Act is amended 1 in subsection a by striking Congress and inserting in lieu thereof appropriate congressional committees in subsection b by striking the Committee on Foreign Relations of the Senate or the Committee on Foreign Affairs of the House of Representatives and inserting in lieu thereof any of the congressional committees described in subsection e and 3 by adding the following subsection e As used in this section the term appropriate congressional committees means the Committee on Foreign Relations and the Committee on Appropriations of the Senate and the Committee on International Relations and the Committee on Appropriations of the House of Representatives SPECIAL NOTIFICATION REQUIREMENTS SEC 520 None of the funds appropriated in this Act shall be obligated or expended for Colombia Haiti Liberia Pakistan Panama Peru Serbia Sudan or the Democratic Republic of Congo except as provided through the regular notification procedures of the Committees on Appropriations DEFINITION OF PROGRAM PROJECT AND ACTIVITY SEC For the purpose of this Act program project and activity shall be defined at the appropriations Act account level and shall include all appropriations and authorizations Acts earmarks ceilings and limitations with the exception that for the following accounts Economic Support Fund and Foreign Military Financing Program program project and activity shall also be considered to include country regional and central program level funding within each such account for the development assistance accounts of the Agency for International Development program project and activity shall also be considered to include central program level funding either as 1 justified to the Congress or 2 allocated by the execu 975 tive branch in accordance with a report to be provided to the Committees on Appropriations within 30 days of enactment of this Act as required by section 653 a of the Foreign Assistance Act of 1961 CHILD SURVIVAL AIDS AND OTHER ACTIVITIES SEC Up to of the funds made available by this Act for assistance for family planning health child survival basic education and AIDS may be used to reimburse United States Government agencies agencies of State governments institutions of higher learning and private and voluntary organizations for the full cost of individuals including for the personal services of such individuals detailed or assigned to or contracted by as the case may be the Agency for International Development for the purpose of carrying out family planning activities child survival and basic education activities and activities relating to research on and the treatment and control of acquired immune deficiency syndrome in developing countries Provided That funds appropriated by this Act that are made available for child survival activities or activities relating to research on and the treatment and control of acquired immune deficiency syndrome may be made available notwithstanding any provision of law that restricts assistance to foreign countries Provided further That funds appropriated by this Act that are made available for family planning activities may be made available notwithstanding section 512 of this Act and section 620 q of the Foreign Assistance Act of 1961 PROHIBITION AGAINST INDIRECT FUNDING TO CERTAIN COUNTRIES SEC None of the funds appropriated or otherwise made available pursuant to this Act shall be obligated to finance indirectly any assistance or reparations to Cuba Iraq Libya Iran Syria North Korea or the People s Republic of China unless the President of the United States certifies that the withholding of these funds is contrary to the national interest of the United States RECIPROCAL LEASING SEC Section 61 a of the Arms Export Control Act is amended by striking out and inserting in lieu thereof NOTIFICATION ON EXCESS DEFENSE EQUIPMENT SEC 525 Prior to providing excess Department of Defense articles in accordance with section 516 a of the Foreign Assistance Act of 1961 the Department of Defense shall notify the Committees on Appropriations to the same extent and under the same conditions as are other committees pursuant to subsection c of that section Provided That before issuing a letter of offer to sell excess defense articles under the Arms Export Control Act the Department of Defense shall notify the Committees on Appropriations in accordance with the regular notification procedures of such Committees Provided further That such Committees shall also be informed of the original acquisition cost of such defense articles EXCESS DEFENSE EQUIPMENT FOR CENTRAL EUROPEAN COUNTRIES SEC 520 Section 105 of P L Stat 1427 is amended by striking and and inserting and AUTHORIZATION REQUIREMENT SEC 526 Funds appropriated by this Act may be obligated and expended notwithstanding section 10 of Public Law and section 15 of the State Department Basic Authorities Act of 1956 PROHIBITION ON BILATERAL ASSISTANCE TO TERRORIST COUNTRIES SEC a Notwithstanding any other provision of law funds 521 a Funds appropriated for bilateral assistance under any heading of this Act and funds appropriated under any such heading in a provision of law enacted prior to enactment of this Act shall not be made available to any country which the President determines 1 grants sanctuary from prosecution to any individual or group which has committed an act of international terrorism or 2 otherwise supports international terrorism b The President may waive the application of subsection a to a country if the President determines that national security or humanitarian reasons justify such waiver The President shall publish each waiver in the Federal Register and at least 15 days before the waiver takes effect shall notify the Committees on Appropriations of the waiver including the justification for the waiver in accordance with the regular notification procedures of the Committees on Appropriations 976 TITLE V GENERAL PROVISIONS Continued COMMERCIAL LEASING OF DEFENSE ARTICLES SEC Notwithstanding any other provision of law and subject to the regular notification procedures of the Committees on Appropriations the authority of section 23 a of the Arms Export Control Act may be used to provide financing to Israel Egypt and NATO and major non NATO allies for the procurement by leasing including leasing with an option to purchase of defense articles from United States commercial suppliers not including Major Defense Equipment other than helicopters and other types of aircraft having possible civilian application if the President determines that there are compelling foreign policy or national security reasons for those defense articles being provided by commercial lease rather than by government to government sale under such Act COMPETITIVE INSURANCE SEC 529 All Agency for International Development contracts and solicitations and subcontracts entered into under such contracts shall include a clause requiring that United States insurance companies have a fair opportunity to bid for insurance when such insurance is necessary or appropriate STINGERS IN THE PERSIAN GULF REGION SEC 530 Except as provided in section 581 of the Foreign Operations Export Financing and Related Programs Appropriations Act 1990 the United States may not sell or otherwise make available any Stingers to any country bordering the Persian Gulf under the Arms Export Control Act or chapter 2 of part II of the Foreign Assistance Act of 1961 DEBT FOR DEVELOPMENT SEC In order to enhance the continued participation of nongovernmental organizations in economic assistance activities under the Foreign Assistance Act of 1961 including endowments debt for development and debt for nature exchanges a nongovernmental organization which is a grantee or contractor of the Agency for International Development may place in interest bearing accounts funds made available under this Act or prior Acts or local currencies which accrue to that organization as a result of economic assistance provided under title II of this Act and any interest earned on such investment shall be used for the purpose for which the assistance was provided to that organization SEPARATE ACCOUNTS SEC 532 a SEPARATE ACCOUNTS FOR LOCAL CURRENCIES 1 If assistance is furnished to the government of a foreign country under chapter 1 and 10 of part I or chapter 4 of part II of the Foreign Assistance Act of 1961 under agreements which result in the generation of local currencies of that country the Administrator of the Agency for International Development shall A require that local currencies be deposited in a separate account established by that government B enter into an agreement with that government which sets forth i the amount of the local currencies to be generated and ii the terms and conditions under which the currencies so deposited may be utilized consistent with this section and C establish by agreement with that government the responsibilities of the Agency for International Development and that government to monitor and account for deposits into and disbursements from the separate account 2 USES OF LOCAL CURRENCIES As may be agreed upon with the foreign government local currencies deposited in a separate account pursuant to subsection a or an equivalent amount of local currencies shall be used only A to carry out chapter 1 or 10 of part I or chapter 4 of part II as the case may be for such purposes as i project and sector assistance activities or ii debt and deficit financing or B for the administrative requirements of the United States Government 3 PROGRAMMING ACCOUNTABILITY The Agency for International Development shall take all necessary steps to ensure that the equivalent of the local currencies disbursed pursuant to subsection a 2 A from the separate account established pursuant to subsection a 1 are used for the purposes agreed upon pursuant to subsection a TERMINATION OF ASSISTANCE PROGRAMS Upon termination of assistance to a country under chapter 1 or 10 of part I or chapter 4 of part II as the case may be any unencumbered balances of THE BUDGET FOR FISCAL YEAR 1999 funds which remain in a separate account established pursuant to subsection a shall be disposed of for such purposes as may be agreed to by the government of that country and the United States Government 5 CONFORMING AMENDMENTS The provisions of this subsection shall supersede the tenth and eleventh provisos contained under the heading Sub Saharan Africa Development Assistance as included in the Foreign Operations Export Financing and Related Programs Appropriations Act 1989 and sections 531 d and 609 of the Foreign Assistance Act of REPORTING REQUIREMENT The Administrator of the Agency for International Development shall report on an annual basis as part of the justification documents submitted to the Committees on Appropriations on the use of local currencies for the administrative requirements of the United States Government as authorized in subsection a 2 B and such report shall include the amount of local currency and United States dollar equivalent used and or to be used for such purpose in each applicable country b SEPARATE ACCOUNTS FOR CASH TRANSFERS 1 If assistance is made available to the government of a foreign country under chapter 1 or 10 of part I or chapter 4 of part II of the Foreign Assistance Act of 1961 as cash transfer assistance or as nonproject sector assistance that country shall be required to maintain such funds in a separate account and not commingle them with any other funds 2 Applicability of Other Provisions of Law Such funds may be obligated and expended notwithstanding provisions of law which are inconsistent with the nature of this assistance including provisions which are referenced in the Joint Explanatory Statement of the Committee of Conference accompanying House Joint Resolution 648 H Report No NOTIFICATION At least 15 days prior to obligating any such cash transfer or nonproject sector assistance the President shall submit a notification through the regular notification procedures of the Committees on Appropriations which shall include a detailed description of how the funds proposed to be made available will be used with a discussion of the United States interests that will be served by the assistance including as appropriate a description of the economic policy reforms that will be promoted by such assistance 4 EXEMPTION Nonproject sector assistance funds may be exempt from the requirements of subsection b 1 only through the notification procedures of the Committees on Appropriations COMPENSATION FOR UNITED STATES EXECUTIVE DIRECTORS INTERNATIONAL FINANCIAL INSTITUTIONS TO SEC a No funds appropriated by this Act may be made as payment to any international financial institution while the United States Executive Director to such institution is compensated by the institution at a rate which together with whatever compensation such Director receives from the United States is in excess of the rate provided for an individual occupying a position at level IV of the Executive Schedule under section 5315 of title 5 United States Code or while any alternate United States Director to such institution is compensated by the institution at a rate in excess of the rate provided for an individual occupying a position at level V of the Executive Schedule under section 5316 of title 5 United States Code b For purposes of this section international financial institutions are the International Bank for Reconstruction and Development the Inter American Development Bank the Asian Development Bank the Asian Development Fund the African Development Bank the African Development Fund the International Monetary Fund the North American Development Bank and the European Bank for Reconstruction and Development COMPLIANCE WITH UNITED NATIONS SANCTIONS AGAINST IRAQ SEC None of the funds appropriated or otherwise made available pursuant to this Act to carry out the Foreign Assistance Act of 1961 including title IV of chapter 2 of part I relating to the Overseas Private Investment Corporation or the Arms Export Control Act may be used to provide assistance to any country that is not in compliance with the United Nations Security Council sanctions against Iraq unless the President determines and so certifies to the Congress that 1 such assistance is in the national interest of the United States 2 such assistance will directly benefit the needy people in that country or TITLE V GENERAL PROVISIONS Continued INTERNATIONAL ASSISTANCE PROGRAMS 3 the assistance to be provided will be humanitarian assistance for foreign nationals who have fled Iraq and Kuwait COMPETITIVE PRICING FOR SALES OF DEFENSE ARTICLES SEC Direct costs associated with meeting a foreign customer s additional or unique requirements will continue to be allowable under contracts under section 22 d of the Arms Export Control Act Loadings applicable to such direct costs shall be permitted at the same rates applicable to procurement of like items purchased by the Department of Defense for its own use EXTENSION OF AUTHORITY TO SPECIAL DEFENSE OBLIGATE FUNDS TO CLOSE ACQUISITION FUND THE SEC 536 Title III of Public Law is amended under the heading Special Defense Acquisition Fund by striking and inserting AUTHORITIES FOR FOUNDATION AND THE THE PEACE CORPS THE INTER AMERICAN AFRICAN DEVELOPMENT FOUNDATION SEC Unless expressly provided to the contrary provisions of this or any other Act including provisions contained in prior Acts authorizing or making appropriations for foreign operations export financing and related programs shall not be construed to prohibit activities authorized by or conducted under the Peace Corps Act the Inter American Foundation Act or the African Development Foundation Act The appropriate agency shall promptly report to the Committees on Appropriations whenever it is conducting activities or is proposing to conduct activities in a country for which assistance is prohibited IMPACT ON JOBS IN THE UNITED STATES SEC None of the funds appropriated by this Act may be obligated or expended to provide 1 any financial incentive to a business enterprise currently located in the United States for the purpose of inducing such an enterprise to relocate outside the United States if such incentive or inducement is likely to reduce the number of employees of such business enterprise in the United States because United States production is being replaced by such enterprise outside the United States 2 assistance for the purpose of establishing or developing in a foreign country any export processing zone or designated area in which the tax tariff labor environment and safety laws of that country do not apply in part or in whole to activities carried out within that zone or area unless the President determines and certifies that such assistance is not likely to cause a loss of jobs within the United States or 3 assistance for any project or activity that contributes to the violation of internationally recognized workers rights as defined in section 502 a 4 of the Trade Act of 1974 of workers in the recipient country including any designated zone or area in that country Provided That in recognition that the application of this subsection should be commensurate with the level of development of the recipient country and sector the provisions of this subsection shall not preclude assistance for the informal sector in such country micro and small scale enterprise and smallholder agriculture SPECIAL AUTHORITIES SEC a Funds appropriated in title II of this Act that are made available for Afghanistan Lebanon programs to support democratization and for victims of war displaced children displaced Burmese humanitarian assistance for Romania and humanitarian assistance for the peoples of Bosnia and Herzegovina Croatia and Kosova may be made available notwithstanding any other provision of law b Funds appropriated by this Act to carry out the provisions of sections 103 through 106 of the Foreign Assistance Act of 1961 may be used notwithstanding any other provision of law for the purpose of supporting tropical forestry and energy programs aimed at reducing emissions of greenhouse gases and for the purpose of supporting biodiversity conservation activities Provided That such assistance shall be subject to sections 116 502B and 620A of the Foreign Assistance Act of 1961 c The Agency for International Development may employ personal services contractors notwithstanding any other provision of law for the purpose of administering programs for the West Bank and Gaza d 1 WAIVER The President may waive the provisions of section 1003 of Public Law if the President determines and certifies in writing to the Speaker of the House of Representatives and the 977 President pro tempore of the Senate that it is important to the national security interests of the United States 2 PERIOD OF APPLICATION OF WAIVER Any waiver pursuant to paragraph 1 shall be effective for no more than a period of six months at a time and shall not apply beyond twelve months after enactment of this Act e During fiscal year 1999 the President may use up to under the authority of section 451 of the Foreign Assistance Act of 1961 notwithstanding the funding ceiling contained in subsection a of that section POLICY ON TERMINATING THE ARAB LEAGUE BOYCOTT OF ISRAEL SEC 540 It is the sense of the Congress that 1 the Arab League countries should immediately and publicly renounce the primary boycott of Israel and the secondary and tertiary boycott of American firms that have commercial ties with Israel 2 the decision by the Arab League in 1997 to reinstate the boycott against Israel was deeply troubling and disappointing 3 the Arab League should immediately rescind its decision on the boycott and its members should develop normal relations with their neighbor Israel and 4 the President should A take more concrete steps to encourage vigorously Arab League countries to renounce publicly the primary boycotts of Israel and the secondary and tertiary boycotts of American firms that have commercial relations with Israel as a confidence building measure B take into consideration the participation of any recipient country in the primary boycott of Israel and the secondary and tertiary boycotts of American firms that have commercial relations with Israel when determining whether to sell weapons to said country C report to Congress on the specific steps being taken by the President to bring about a public renunciation of the Arab primary boycott of Israel and the secondary and tertiary boycotts of American firms that have commercial relations with Israel and to expand the process of normalizing ties between Arab League countries and Israel and D encourage the allies and trading partners of the United States to enact laws prohibiting businesses from complying with the boycott and penalizing businesses that do comply ANTI NARCOTICS ACTIVITIES SEC a Of the funds appropriated or otherwise made available by this Act for Economic Support Fund assistance may be provided to strengthen the administration of justice in countries in Latin America and the Caribbean and in other regions consistent with the provisions of section 534 b of the Foreign Assistance Act of 1961 except that programs to enhance protection of participants in judicial cases may be conducted notwithstanding section 660 of that Act b Funds made available pursuant to this section may be made available notwithstanding section 534 c and the second and third sentences of section 534 e of the Foreign Assistance Act of 1961 Funds made available pursuant to subsection a for Bolivia Colombia and Peru may be made available notwithstanding section 534 c and the second sentence of section 534 e of the Foreign Assistance Act of 1961 ELIGIBILITY FOR ASSISTANCE SEC a ASSISTANCE THROUGH NONGOVERNMENTAL ORGANIZATIONS Restrictions contained in this or any other Act with respect to assistance for a country shall not be construed to restrict assistance in support of programs of nongovernmental organizations from funds appropriated by this Act to carry out the provisions of chapters 1 10 and 11 of part I and chapter 4 of part II of the Foreign Assistance Act of 1961 and the Support for East European Democracy Act of 1989 Provided That the President shall take into consideration in any case in which a restriction on assistance would be applicable but for this subsection whether assistance in support of programs of nongovernmental organizations is in the national interest Provided further That before using the authority of this subsection to furnish assistance in support of programs of nongovernmental organizations the President shall notify the Committees on Appropriations under the regular notification procedures of those committees including a description of the program to be assisted the assistance to be provided and the reasons for furnishing such assistance Provided further That nothing in this subsection shall 978 TITLE V GENERAL PROVISIONS Continued ELIGIBILITY FOR THE BUDGET FOR FISCAL YEAR 1999 ASSISTANCE Continued be construed to alter any existing statutory prohibitions against abortion or involuntary sterilizations contained in this or any other Act b PUBLIC LAW 480 During fiscal year restrictions contained in this or any other Act with respect to assistance for a country shall not be construed to restrict assistance under the Agricultural Trade Development and Assistance Act of 1954 Provided That none of the funds appropriated to carry out title I of such Act and made available pursuant to this subsection may be obligated or expended except as provided through the regular notification procedures of the Committees on Appropriations c EXCEPTION This section shall not apply 1 with respect to section 620A of the Foreign Assistance Act or any comparable provision of law prohibiting assistance to countries that support international terrorism or 2 with respect to section 116 of the Foreign Assistance Act of 1961 or any comparable provision of law prohibiting assistance to countries that violate the government of a country that violates internationally recognized human rights EARMARKS SEC a Funds appropriated by this Act which are earmarked may be reprogrammed for other programs within the same account notwithstanding the earmark if compliance with the earmark is made impossible by operation of any provision of this or any other Act or with respect to a country with which the United States has an agreement providing the United States with base rights or base access in that country if the President determines that the recipient for which funds are earmarked has significantly reduced its military or economic cooperation with the United States since enactment of the Foreign Operations Export Financing and Related Programs Appropriations Act 1991 however before exercising the authority of this subsection with regard to a base rights or base access country which has significantly reduced its military or economic cooperation with the United States the President shall consult with and shall provide a written policy justification to the Committees on Appropriations Provided That any such reprogramming shall be subject to the regular notification procedures of the Committees on Appropriations Provided further That assistance that is reprogrammed pursuant to this subsection shall be made available under the same terms and conditions as originally provided b In addition to the authority contained in subsection a the original period of availability of funds appropriated by this Act and administered by the Agency for International Development that are earmarked for particular programs or activities by this or any other Act shall be extended for an additional fiscal year if the Administrator of such agency determines and reports promptly to the Committees on Appropriations that the termination of assistance to a country or a significant change in circumstances makes it unlikely that such earmarked funds can be obligated during the original period of availability Provided That such earmarked funds that are continued available for an additional fiscal year shall be obligated only for the purpose of such earmark CEILINGS AND EARMARKS SEC Ceilings and earmarks contained in this Act shall not be applicable to funds or authorities appropriated or otherwise made available by any subsequent Act unless such Act specifically so directs PROHIBITION ON PUBLICITY OR PROPAGANDA SEC No part of any appropriation contained in this Act shall be used for publicity or propaganda purposes within the United States not authorized before the date of enactment of this Act by the Congress Provided That not to exceed may be made available to carry out the provisions of section 316 of Public Law PURCHASE OF AMERICAN MADE EQUIPMENT AND PRODUCTS SEC a To the maximum extent possible assistance provided under this Act should make full use of American resources including commodities products and services b It is the Sense of the Congress that to the greatest extent practicable all equipment and products purchased with funds made available in this Act should be American made c In providing financial assistance to or entering into any contract with any entity using funds made available in this Act the head of each Federal agency to the greatest extent practicable shall provide to such entity a notice describing the statement made in subsection b by the Congress PROHIBITION OF PAYMENTS TO UNITED NATIONS MEMBERS SEC 547 None of the funds appropriated or made available pursuant to this Act for carrying out the Foreign Assistance Act of 1961 may be used to pay in whole or in part any assessments arrearages or dues of any member of the United Nations CONSULTING SERVICES SEC 548 The expenditure of any appropriation under this Act for any consulting service through procurement contract pursuant to section 3109 of title 5 United States Code shall be limited to those contracts where such expenditures are a matter of public record and available for public inspection except where otherwise provided under existing law or under existing Executive order pursuant to existing law PRIVATE VOLUNTARY ORGANIZATIONS DOCUMENTATION SEC 549 None of the funds appropriated or made available pursuant to this Act shall be available to a private voluntary organization which fails to provide upon timely request any document file or record necessary to the auditing requirements of the Agency for International Development PROHIBITION ON ASSISTANCE TO FOREIGN GOVERNMENTS THAT EXPORT LETHAL MILITARY EQUIPMENT TO COUNTRIES SUPPORTING INTERNATIONAL TERRORISM SEC 550 a None of the funds appropriated or otherwise made available by this Act may be available to any foreign government which provides lethal military equipment to a country the government of which the Secretary of State has determined is a terrorist government for purposes of section 40 d of the Arms Export Control Act The prohibition under this section with respect to a foreign government shall terminate 12 months after that government ceases to provide such military equipment This section applies with respect to lethal military equipment provided under a contract entered into after October b Assistance restricted by subsection a or any other similar provision of law may be furnished if the President determines that furnishing such assistance is important to the national interests of the United States c Whenever the waiver of subsection b is exercised the President shall submit to the appropriate congressional committees a report with respect to the furnishing of such assistance Any such report shall include a detailed explanation of the assistance estimated to be provided including the estimated dollar amount of such assistance and an explanation of how the assistance furthers United States national interests WITHHOLDING OF ASSISTANCE FOR PARKING FINES OWED FOREIGN COUNTRIES BY SEC 551 a IN GENERAL Of the funds made available for a foreign country under part I of the Foreign Assistance Act of 1961 an amount equivalent to 110 percent of the total unpaid fully adjudicated parking fines and penalties owed to the District of Columbia by such country as of the date of enactment of this Act shall be withheld from obligation for such country until the Secretary of State certifies and reports in writing to the appropriate congressional committees that such fines and penalties are fully paid to the government of the District of Columbia b DEFINITION For purposes of this section the term appropriate congressional committees means the Committee on Foreign Relations and the Committee on Appropriations of the Senate and the Committee on International Relations and the Committee on Appropriations of the House of Representatives LIMITATION ON ASSISTANCE FOR THE AND GAZA PLO FOR THE WEST BANK SEC 552 None of the funds appropriated by this Act may be obligated for assistance for the Palestine Liberation Organization for the West Bank and Gaza unless the President has exercised the authority under section 604 a of the Middle East Peace Facilitation Act of 1995 title VI of Public Law or any other legislation to suspend or make inapplicable section 307 of the Foreign Assistance Act of 1961 and that suspension is still in effect Provided That if the President fails to make the certification under section 604 b 2 of the Middle East Peace Facilitation Act of 1995 or to suspend the prohibition under other legislation funds appropriated by this INTERNATIONAL ASSISTANCE PROGRAMS Act may not be obligated for assistance for the Palestine Liberation Organization for the West Bank and Gaza WAR CRIMES TRIBUNALS DRAWDOWN SEC If the President determines that doing so will contribute to a just resolution of charges regarding genocide or other violations of international humanitarian law the President may direct a drawdown pursuant to section 552 c of the Foreign Assistance Act of 1961 as amended of up to of commodities and services for the United Nations War Crimes Tribunal established with regard to the former Yugoslavia by the United Nations Security Council or such other tribunals or commissions as the Council may establish to deal with such violations without regard to the ceiling limitation contained in paragraph 2 thereof Provided That the determination required under this section shall be in lieu of any determinations otherwise required under section 552 c Provided further That 60 days after the date of enactment of this Act and every 180 days thereafter the Secretary of State shall submit a report to the Committees on Appropriations describing the steps the United States Government is taking to collect information regarding allegations of genocide or other violations of international law in the former Yugoslavia and to furnish that information to the United Nations War Crimes Tribunal for the former Yugoslavia LANDMINES SEC Notwithstanding any other provision of law demining equipment available to the Agency for International Development and the Department of State and used in support of the clearance of landmines and unexploded ordnance for humanitarian purposes may be disposed of on a grant basis in foreign countries subject to such terms and conditions as the President may prescribe Provided That not later than 90 days after the enactment of this Act the Secretary of Defense in consultation with the Secretary of State shall submit a report to the Committees on Appropriations describing potential alternative technologies or tactics and a plan for the development of such alternatives to protect anti tank mines from tampering in a manner consistent with the Convention on the Prohibition Use Stockpiling Production and Transfer of Antipersonnel Mines and on Their Destruction RESTRICTIONS CONCERNING THE PALESTINIAN AUTHORITY SEC 555 None of the funds appropriated by this Act may be obligated or expended to create in any part of Jerusalem a new office of any department or agency of the United States Government for the purpose of conducting official United States Government business with the Palestinian Authority over Gaza and Jericho or any successor Palestinian governing entity provided for in the Israel PLO Declaration of Principles Provided That this restriction shall not apply to the acquisition of additional space for the existing Consulate General in Jerusalem Provided further That meetings between officers and employees of the United States and officials of the Palestinian Authority or any successor Palestinian governing entity provided for in the Israel PLO Declaration of Principles for the purpose of conducting official United States Government business with such authority should continue to take place in locations other than Jerusalem As has been true in the past officers and employees of the United States Government may continue to meet in Jerusalem on other subjects with Palestinians including those who now occupy positions in the Palestinian Authority have social contacts and have incidental discussions PROHIBITION OF PAYMENT OF CERTAIN EXPENSES SEC None of the funds appropriated or otherwise made available by this Act under the heading International Military Education and Training or Foreign Military Financing Program for Informational Program activities may be obligated or expended to pay for 1 alcoholic beverages 2 food other than food provided at a military installation not provided in conjunction with Informational Program trips where students do not stay at a military installation or 3 entertainment expenses for activities that are substantially of a recreational character including entrance fees at sporting events and amusement parks EQUITABLE ALLOCATION OF FUNDS SEC 557 Not more than 18 percent of the funds appropriated by this Act to carry out the provisions of sections 103 through 106 and chapter 4 of part II of the Foreign Assistance Act of 1961 TITLE V GENERAL PROVISIONS Continued 979 that are made available for Latin America and the Caribbean region may be made available through bilateral and Latin America and the Caribbean regional programs to provide assistance for any country in such region SPECIAL DEBT RELIEF FOR THE POOREST SEC a AUTHORITY TO REDUCE DEBT The President may reduce amounts owed to the United States or any agency of the United States by an eligible country as a result of 1 guarantees issued under sections 221 and 222 of the Foreign Assistance Act of credits extended or guarantees issued under the Arms Export Control Act or 3 any obligation or portion of such obligation for a Latin American country to pay for purchases of United States agricultural commodities guaranteed by the Commodity Credit Corporation under export credit guarantee programs authorized pursuant to section 5 f of the Commodity Credit Corporation Charter Act of June as amended section 4 b of the Food for Peace Act of 1966 as amended Public Law or section 202 of the Agricultural Trade Act of 1978 as amended Public Law b LIMITATIONS 1 The authority provided by subsection a may be exercised only to implement multilateral official debt relief and referendum agreements commonly referred to as Paris Club Agreed Minutes The authority provided by subsection a may be exercised only in such amounts or to such extent as is provided in advance by appropriations Acts 3 The authority provided by subsection a may be exercised only with respect to countries with heavy debt burdens that are eligible to borrow from the International Development Association but not from the International Bank for Reconstruction and Development commonly referred to as IDA only countries c CONDITIONS The authority provided by subsection a may be exercised only with respect to a country whose government 1 does not have an excessive level of military expenditures 2 has not repeatedly provided support for acts of international terrorism 3 is not failing to cooperate on international narcotics control matters 4 including its military or other security forces does not engage in a consistent pattern of gross violations of internationally recognized human rights and 5 is not ineligible for assistance because of the application of section 527 of the Foreign Relations Authorization Act Fiscal Years 1994 and 1995 d AVAILABILITY OF FUNDS The authority provided by subsection a may be used only with regard to funds appropriated by this Act under the heading Debt restructuring e CERTAIN PROHIBITIONS INAPPLICABLE A reduction of debt pursuant to subsection a shall not be considered assistance for purposes of any provision of law limiting assistance to a country The authority provided by subsection a may be exercised notwithstanding section 620 r of the Foreign Assistance Act of 1961 AUTHORITY TO ENGAGE IN DEBT BUYBACKS OR SALES SEC a Loans Eligible for Sale Reduction or Cancellation 1 AUTHORITY TO SELL REDUCE OR CANCEL CERTAIN LOANS Notwithstanding any other provision of law the President may in accordance with this section sell to any eligible purchaser any concessional loan or portion thereof made before January pursuant to the Foreign Assistance Act of 1961 to the government of any eligible country as defined in section 702 6 of that Act or on receipt of payment from an eligible purchaser reduce or cancel such loan or portion thereof only for the purpose of facilitating A debt for equity swaps debt for development swaps or debtfor nature swaps or B a debt buyback by an eligible country of its own qualified debt only if the eligible country uses an additional amount of the local currency of the eligible country equal to not less than 40 percent of the price paid for such debt by such eligible country or the difference between the price paid for such debt and the face value of such debt to support activities that link conservation and sustainable use of natural resources with local community development and child survival and other child develop 980 TITLE V GENERAL PROVISIONS Continued AUTHORITY TO ENGAGE IN DEBT BUYBACKS THE BUDGET FOR FISCAL YEAR 1999 OR SALES Continued ment in a manner consistent with sections 707 through 710 of the Foreign Assistance Act of 1961 if the sale reduction or cancellation would not contravene any term or condition of any prior agreement relating to such loan 2 TERMS AND CONDITIONS Notwithstanding any other provision of law the President shall in accordance with this section establish the terms and conditions under which loans may be sold reduced or canceled pursuant to this section 3 ADMINISTRATION The Facility as defined in section 702 8 of the Foreign Assistance Act of 1961 shall notify the administrator of the agency primarily responsible for administering part I of the Foreign Assistance Act of 1961 of purchasers that the President has determined to be eligible and shall direct such agency to carry out the sale reduction or cancellation of a loan pursuant to this section Such agency shall make an adjustment in its accounts to reflect the sale reduction or cancellation 4 LIMITATION The authorities of this subsection shall be available only to the extent that appropriations for the cost of the modification as defined in section 502 of the Congressional Budget Act of 1974 are made in advance b DEPOSIT OF PROCEEDS The proceeds from the sale reduction or cancellation of any loan sold reduced or canceled pursuant to this section shall be deposited in the United States Government account or accounts established for the repayment of such loan c ELIGIBLE PURCHASERS A loan may be sold pursuant to subsection a 1 A only to a purchaser who presents plans satisfactory to the President for using the loan for the purpose of engaging in debt for equity swaps debt for development swaps or debt for nature swaps d DEBTOR CONSULTATIONS Before the sale to any eligible purchaser or any reduction or cancellation pursuant to this section of any loan made to an eligible country the President should consult with the country concerning the amount of loans to be sold reduced or canceled and their uses for debt for equity swaps debt for development swaps or debt for nature swaps e AVAILABILITY OF FUNDS The authority provided by subsection a may be used only with regard to funds appropriated by this Act under the heading Debt restructuring INTERNATIONAL FINANCIAL INSTITUTIONS SEC 560 a AUTHORIZATIONS The Secretary of the Treasury may to fulfill commitments of the United States 1 effect the United States participation in the first general capital increase of the European Bank for Reconstruction and Development subscribe to and make payment for 100 000 additional shares of the capital stock of the Bank on behalf of the United States and 2 contribute on behalf of the United States to the eleventh replenishment of the resources of the International Development Association to the sixth replenishment of the resources of the Asian Development Fund a special fund of the Asian Development Bank The following amounts are authorized to be appropriated without fiscal year limitation for payment by the Secretary of the Treasury for paidin capital and for callable capital of the European Bank for Reconstruction and Development for the International Development Association for the Asian Development Fund and for paid in capital and for callable capital of the Inter American Development Bank in connection with the eighth general increase in the resources of that Bank Each such subscription or contribution shall be subject to obtaining the necessary appropriations b CONSIDERATION OF ENVIRONMENTAL IMPACT OF INTERNATIONAL FINANCE CORPORATION LOANS Section 1307 of the International Financial Institutions Act Public Law is amended as follows 1 in subsection a 1 A strike borrowing country and insert in lieu thereof borrower in subsection a 2 A strike country and 3 at the end of section 1307 add a new subsection as follows g For purposes of this section the term multilateral development bank means any of the institutions named in section 1303 b of this Act and the International Finance Corporation c The Secretary of the Treasury shall instruct the United States Executive Directors of the International Bank for Reconstruction and Development and the International Development Association to use the voice and vote of the United States to strongly encourage their respective institutions to 1 provide timely public information on procurement opportunities available to United States suppliers with a special emphasis on small business and 2 systematically consult with local communities on the potential impact of loans as part of the normal lending process and expand the participation of affected peoples and nongovernmental organizations in decisions on the selection design and implementation of policies and projects SANCTIONS AGAINST COUNTRIES HARBORING WAR CRIMINALS SEC a BILATERAL ASSISTANCE The President is authorized to withhold funds appropriated by this Act under the Foreign Assistance Act of 1961 or the Arms Export Control Act for any country described in subsection c b MULTILATERAL ASSISTANCE The Secretary of the Treasury should instruct the United States executive directors of the international financial institutions to work in opposition to and vote against any extension by such institutions of financing or financial or technical assistance to any country described in subsection c c SANCTIONED COUNTRIES A country described in this subsection is a country the government of which knowingly grants sanctuary to persons in its territory for the purpose of evading prosecution where such persons 1 have been indicted by the International Criminal Tribunal for Rwanda the International Criminal Tribunal for the former Yugoslavia or any other international tribunal with similar standing under international law or 2 have been indicted for war crimes or crimes against humanity committed during the period beginning March and ending on May 8 1945 under the direction of or in association with A the Nazi government of Germany B any government in any area occupied by the military forces of the Nazi government of Germany C any government which was established with the assistance or cooperation of the Nazi government or D any government which was an ally of the Nazi government of Germany LIMITATION ON ASSISTANCE FOR HAITI SEC 562 a LIMITATION None of the funds appropriated or otherwise made available by this Act may be provided to the Government of Haiti unless the President reports to Congress that the Government of Haiti 1 is conducting thorough investigations of extrajudicial and political killings 2 is cooperating with United States authorities in the investigations of political and extrajudicial killings 3 has substantially completed privatization of or placed under long term private management or concession at least three major public enterprises and 4 has taken action to remove from the Haitian National Police national palace and residential guard ministerial guard and any other public security entity of Haiti those individuals who are credibly alleged to have engaged in or conspired to conceal gross violations of internationally recognized human rights b EXCEPTIONS The limitation in subsection a does not apply to the provision of humanitarian electoral counter narcotics or law enforcement assistance c WAIVER The President may waive the requirements of this section on a semiannual basis if the President determines and certifies to the appropriate committees of Congress that such waiver is in the national interest of the United States d PARASTATALS DEFINED As used in this section the term parastatal means a government owned enterprise REQUIREMENT FOR DISCLOSURE SECRETARY OF OF FOREIGN AID STATE IN REPORT OF SEC 563 a FOREIGN AID REPORTING REQUIREMENT In addition to the voting practices of a foreign country the report required to be submitted to Congress under section 406 a of the Foreign Relations Authorization Act fiscal years 1990 and U S C 2414a shall include a side by side comparison of individual countries overall support for the United States at the United Nations and the amount of United States assistance provided to such country in fiscal year b United States Assistance For purposes of this section the term United States assistance has the meaning given the term in section 481 e 4 of the Foreign Assistance Act of U S C 2291 e TITLE V GENERAL PROVISIONS Continued INTERNATIONAL ASSISTANCE PROGRAMS RESTRICTIONS ON VOLUNTARY CONTRIBUTIONS AGENCIES TO UNITED NATIONS SEC 564 a PROHIBITION ON VOLUNTARY CONTRIBUTIONS FOR UNITED NATIONS None of the funds appropriated or otherwise made available by this Act may be made available to pay any voluntary contribution of the United States to the United Nations including the United Nations Development Program if the United Nations implements or imposes any taxation on any United States persons b CERTIFICATION REQUIRED FOR DISBURSEMENT OF FUNDS None of the funds appropriated or otherwise made available under this Act may be made available to pay any voluntary contribution of the United States to the United Nations including the United Nations Development Program unless the President certifies to the Congress 15 days in advance of such payment that the United Nations is not engaged in any effort to implement or impose any taxation on United States persons in order to raise revenue for the United Nations or any of its specialized agencies c DEFINITIONS As used in this section the term United States person refers to 1 a natural person who is a citizen or national of the United States or 2 a corporation partnership or other legal entity organized under the United States or any State territory possession or district of the United States THE ASSISTANCE TO TURKEY SEC 565 a Not more than of the funds appropriated in this Act under the heading Economic Support Fund may be made available for Turkey b Of the funds made available under the heading Economic Support Fund for Turkey not less than 50 percent of these funds shall be made available for the purpose of supporting private nongovernmental organizations engaged in strengthening democratic institutions in Turkey providing economic assistance for individuals and communities affected by civil unrest and supporting and promoting peaceful solutions and economic development which will contribute to the settlement of regional problems in Turkey ON ASSISTANCE TO THE PALESTINIAN AUTHORITY OR THE PALESTINIAN LIBERATION ORGANIZATION LIMITATION SEC a PROHIBITION OF FUNDS None of the funds appropriated by this Act to carry out the provisions of chapter 4 of part II of the Foreign Assistance Act of 1961 may be obligated or expended with respect to providing funds to the Palestinian Authority or the Palestinian Liberation Organization b WAIVER The prohibition included in subsection a shall not apply if the President certifies in writing to the Speaker of the House of Representatives and the President pro tempore of the Senate that waiving such prohibition is important to the national security interests of the United States c PERIOD OF APPLICATION OF WAIVER Any waiver pursuant to subsection b shall be effective for no more than a period of six months at a time and shall not apply beyond twelve months after enactment of this Act LIMITATION ON ASSISTANCE TO THE GOVERNMENT OF CROATIA SEC 567 None of the funds appropriated or otherwise made available by title II of this Act may be made available to the Government of Croatia to relocate the remains of Croatian Ustashe soldiers at the site of the World War II concentration camp at Jasenovac Croatia BURMA LABOR REPORT SEC 568 Not later than 120 days after enactment of this Act the Secretary of Labor in consultation with the Secretary of State shall provide to the Committees on Appropriations a report addressing labor practices in Burma HAITI SEC The Government of Haiti shall be eligible to purchase defense articles and services under the Arms Export Control Act 22 U S C 2751 et seq for the civilian led Haitian National Police and Coast Guard Provided That the authority provided by this section shall be subject to the regular notification procedures of the Committees on Appropriations LIMITATION ON ASSISTANCE TO 981 SECURITY FORCES SEC 570 None of the funds made available by this Act may be provided to any unit of the security forces of a foreign country if the Secretary of State has credible evidence that such unit has committed gross violations of human rights unless the Secretary determines and reports to the Committees on Appropriations that the government of such country is taking effective measures to bring the responsible members of the security forces unit to justice Provided That nothing in this section shall be construed to withhold funds made available by this Act from any unit of the security forces of a foreign country not credibly alleged to be involved in gross violations of human rights Provided further That in the event that funds are withheld from any unit pursuant to this section the Secretary of State shall promptly inform the foreign government of the basis for such action and shall to the maximum extent practicable assist the foreign government in taking effective measures to bring the responsible members of the security forces to justice LIMITATIONS ON TRANSFER OF MILITARY EQUIPMENT TIMOR TO EAST SEC 571 In any agreement for the sale transfer or licensing of any lethal equipment or helicopter for Indonesia entered into by the United States pursuant to the authority of this Act or any other Act the agreement shall state that the United States expects that the items will not be used in East Timor Provided That nothing in this section shall be construed to limit Indonesia s inherent right to legitimate national self defense as recognized under the United Nations Charter and international law TRANSPARENCY OF BUDGETS SEC 572 a Section 576 a 1 of the Foreign Operations Export Financing and Related Programs Appropriations Act 1997 as contained in Public Law is amended to read as follows does not have in place a functioning system for reporting to civilian authorities audits of receipts and expenditures that fund activities of the armed forces and security forces b Section 576 a 2 of the Foreign Operations Export Financing and Related Programs Appropriations Act 1997 as contained in Public Law is amended to read as follows has not provided to the institution information about the audit process requested by the institution RESTRICTIONS ON ASSISTANCE TO COUNTRIES PROVIDING SANCTUARY TO INDICTED WAR CRIMINALS SEC 573 a BILATERAL ASSISTANCE None of the funds made available by this or any prior Act making appropriations for foreign operations export financing and related programs may be provided for any country entity or canton described in subsection d b MULTILATERAL ASSISTANCE 1 PROHIBITION The Secretary of the Treasury shall instruct the United States executive directors of the international financial institutions to work in opposition to and vote against any extension by such institutions of any financial or technical assistance or grants of any kind to any country or entity described in subsection d 2 NOTIFICATION Not less than 15 days before any vote in an international financial institution regarding the extension of financial or technical assistance or grants to any country or entity described in subsection d the Secretary of the Treasury in consultation with the Secretary of State shall provide to the Committee on Appropriations and the Committee on Foreign Relations of the Senate and the Committee on Appropriations and the Committee on Banking and Financial Services of the House of Representatives a written justification for the proposed assistance including an explanation of the United States position regarding any such vote as well as a description of the location of the proposed assistance by municipality its purpose and its intended beneficiaries 3 DEFINITION The term international financial institution includes the International Monetary Fund the International Bank for Reconstruction and Development the International Development Association the International Finance Corporation the Multilateral Investment Guaranty Agency and the European Bank for Reconstruction and Development c EXCEPTIONS 1 IN GENERAL Subject to paragraph 2 subsections a and b shall not apply to the provision of A humanitarian assistance 982 TITLE V GENERAL PROVISIONS Continued RESTRICTIONS ON ASSISTANCE TO COUNTRIES PROVIDING SANCTUARY TO INDICTED WAR CRIMINALS Continued B democratization assistance C assistance for cross border physical infrastructure projects involving activities in both a sanctioned country entity or canton and a nonsanctioned contiguous country entity or canton if the project is primarily located in and primarily benefits the nonsanctioned country entity or canton and if the portion of the project located in the sanctioned country entity or canton is necessary only to complete the project D small scale assistance projects or activities requested by United States Armed Forces that promote good relations between such forces and the officials and citizens of the areas in the United States SFOR sector of Bosnia E implementation of the Brcko Arbitral Decision F lending by the international financial institutions to a country or entity to support common monetary and fiscal policies at the national level as contemplated by the Dayton Agreement or G direct lending to a non sanctioned entity or lending passed on by the national government to a non sanctioned entity 2 FURTHER LIMITATIONS Notwithstanding paragraph 1 A no assistance may be made available by this Act or any prior Act making appropriations for foreign operations export financing and related programs in any country entity or canton described in subsection d for a program project or activity in which a publicly indicted war criminal is known to have any financial or material interest and B no assistance other than emergency foods or medical assistance or demining assistance may be made available by this Act or any prior Act making appropriations for foreign operations export financing and related programs for any program project or activity in a community within any country entity or canton described in subsection d if competent authorities within that community are not complying with the provisions of Article IX and Annex 4 Article II paragraph 8 of the Dayton Agreement relating to war crimes and the Tribunal d SANCTIONED COUNTRY ENTITY OR CANTON A sanctioned country entity or canton described in this section is one whose competent authorities have failed as determined by the Secretary of State to take necessary and significant steps to apprehend and transfer to the Tribunal all persons who have been publicly indicted by the Tribunal e WAIVER 1 IN GENERAL The Secretary of State may waive the application of subsection a or subsection b with respect to specified bilateral programs or international financial institution projects or programs in a sanctioned country entity or canton upon providing a written determination to the Committee on Appropriations and the Committee on Foreign Relations of the Senate and the Committee on Appropriations and the Committee on International Relations of the House of Representatives that such assistance directly supports the implementation of the Dayton Agreement and its Annexes which include the obligation to apprehend and transfer indicted war criminals to the Tribunal 2 REPORT Not later than 15 days after the date of any written determination under paragraph e 1 the Secretary of State shall submit a report to the Committee on Appropriations and the Committee on Foreign Relations of the Senate and the Committee on Appropriations and the Committee on International Relations of the House of Representatives regarding the status of efforts to secure the voluntary surrender or apprehension and transfer of persons indicted by the Tribunal in accordance with the Dayton Agreement and outlining obstacles to achieving this goal 3 ASSISTANCE PROGRAMS AND PROJECTS AFFECTED Any waiver made pursuant to this subsection shall be effective only with respect to a specified bilateral program or multilateral assistance project or program identified in the determination of the Secretary of State to Congress f TERMINATION OF SANCTIONS The sanctions imposed pursuant to subsections a and b with respect to a country or entity shall cease to apply only if the Secretary of State determines and certifies to Congress that the authorities of that country entity or canton have apprehended and transferred to the Tribunal all persons who have been publicly indicted by the Tribunal g DEFINITIONS As used in this section 1 COUNTRY The term country means Bosnia Herzegovina Croatia and Serbia Montenegro Federal Republic of Yugoslavia THE BUDGET FOR FISCAL YEAR ENTITY The term entity refers to the Federation of Bosnia and Herzegovina and the Republika Srpska 3 CANTON The term canton means the administrative units in Bosnia and Herzegovina 4 DAYTON AGREEMENT The term Dayton Agreement means the General Framework Agreement for Peace in Bosnia and Herzegovina together with annexes relating thereto done at Dayton November 10 through TRIBUNAL The term Tribunal means the International Criminal Tribunal for the Former Yugoslavia h ROLE OF HUMAN RIGHTS ORGANIZATIONS AND GOVERNMENT AGENCIES In carrying out this subsection the Secretary of State the Administrator of the Agency for International Development and the executive directors of the international financial institutions shall consult with representatives of human rights organizations and all government agencies with relevant information to help prevent publicly indicted war criminals from benefitting from any financial or technical assistance or grants provided to any country or entity described in subsection d EXTENSION OF CERTAIN ADJUDICATION PROVISIONS SEC 574 The Foreign Operations Export Financing and Related Programs Appropriations Act 1990 Public Law is amended 1 in section 599D 8 U S C 1157 note A in subsection b 3 by striking and and inserting and and B in subsection e by striking October each place it appears and inserting October and 2 in section 599E 8 U S C 1255 note in subsection b 2 by striking September and inserting September ADDITIONAL REQUIREMENTS RELATING TO STOCKPILING ARTICLES FOR FOREIGN COUNTRIES OF DEFENSE SEC a VALUE OF ADDITIONS TO STOCKPILES Section 514 b 2 A of the Foreign Assistance Act of U S C 2321h b 2 A is amended by inserting before the period at the end the following and for fiscal year for fiscal year b REQUIREMENTS RELATING TO THE REPUBLIC OF KOREA AND THAILAND Section 514 b 2 B of such Act 22 U S C 2321h b 2 B is amended by adding at the end the following Of the amount specified in subparagraph A for fiscal year 1998 not more than not more than may be made available for stockpiles in the Republic of Korea and not more than may be made available for stockpiles in Thailand DELIVERY OF DRAWDOWN BY COMMERCIAL TRANSPORTATION SERVICES SEC 576 Section 506 of the Foreign Assistance Act of U S C 2318 is amended 1 in subsection b 2 by striking the period and inserting the following including providing the Congress with a report detailing all defense articles defense services and military education and training delivered to the recipient country or international organization upon delivery of such articles or upon completion of such services or education and training Such report shall also include whether any savings were realized by utilizing commercial transport services rather than acquiring those services from United States Government transport assets by redesignating subsection c as subsection d and 3 by inserting after subsection b the following c For the purposes of any provision of law that authorizes the drawdown of defense or other articles or commodities or defense or other services from an agency of the United States Government such drawdown may include the supply of commercial transportation and related services that are acquired by contract for the purposes of the drawdown in question if the cost to acquire such commercial transportation and related services is less than the cost to the United States Government of providing such services from existing agency assets TO PROHIBIT FOREIGN ASSISTANCE TO THE GOVERNMENT OF RUSSIA SHOULD IT IMPLEMENT LAWS WHICH WOULD DISCRIMINATE AGAINST MINORITY RELIGIOUS FAITHS IN THE RUSSIAN FEDERATION SEC 577 a None of the funds appropriated under this Act may be made available for the Government of the Russian Federation TITLE V GENERAL PROVISIONS Continued INTERNATIONAL ASSISTANCE PROGRAMS unless within 30 days of the date this section becomes effective the President determines and certifies in writing to the Committees on Appropriations and the Committee on Foreign Relations of the Senate and the Committee on International Relations of the House of Representatives that the Government of the Russian Federation has implemented no statute executive order regulation or similar government action that would discriminate or would have as its principal effect discrimination against religious groups or religious communities in the Russian Federation in violation of accepted international agreements on human rights and religious freedoms to which the Russian Federation is a party b This section shall become effective 150 days after the enactment of this Act UNITED STATES POLICY REGARDING SUPPORT FOR COUNTRIES THE SOUTH CAUCASUS AND CENTRAL ASIA OF SEC 578 a FINDINGS Congress makes the following findings 1 The ancient Silk Road once the economic lifeline of Central Asia and the South Caucasus traversed much of the territory now within the countries of Armenia Azerbaijan Georgia Kazakstan Kyrgyzstan Tajikistan Turkmenistan and Uzbekistan 2 Economic interdependence spurred mutual cooperation among the peoples along the Silk Road and restoration of the historic relationships and economic ties between those peoples is an important element of ensuring their sovereignty as well as the success of democratic and market reforms 3 The development of strong political and economic ties between countries of the South Caucasus and Central Asia and the West will foster stability in the region 4 The development of open market economies and open democratic systems in the countries of the South Caucasus and Central Asia will provide positive incentives for international private investment increased trade and other forms of commercial interactions with the rest of the world 5 The Caspian Sea Basin overlapping the territory of the countries of the South Caucasus and Central Asia contains proven oil and gas reserves that may exceed in value 6 The region of the South Caucasus and Central Asia will produce oil and gas in sufficient quantities to reduce the dependence of the United States on energy from the volatile Persian Gulf region 7 United States foreign policy and international assistance should be narrowly targeted to support the economic and political independence of the countries of the South Caucasus and Central Asia b GENERAL The policy of the United States in the countries of the South Caucasus and Central Asia should be 1 to promote sovereignty and independence with democratic government 2 to assist actively in the resolution of regional conflicts 3 to promote friendly relations and economic cooperation 4 to help promote market oriented principles and practices 5 to assist in the development of infrastructure necessary for communications transportation and energy and trade on an EastWest axis in order to build strong international relations and commerce between those countries and the stable democratic and market oriented countries of the Euro Atlantic Community and 6 to support United States business interests and investments in the region c DEFINITION In this section the term countries of the South Caucasus and Central Asia means Armenia Azerbaijan Georgia Kazakstan Kyrgystan Tajikistan Turkmenistan and Uzbekistan PAKISTAN SEC 579 a OPIC Section 239 f of the Foreign Assistance Act of U S C 2199 f is amended by inserting or Pakistan after China b TRADE AND DEVELOPMENT It is the sense of Congress that the Director of the Trade and Development Agency should use funds made available to carry out the provisions of section 661 of the Foreign Assistance Act of U S C 2421 to promote United States exports to Pakistan SEC 545 Section 638 b of the Foreign Assistance Act of U S C 2398 b is amended 1 by inserting or any activity to promote the development of democratic institutions after activity and 2 by inserting Pakistan after Brazil REQUIREMENTS FOR THE REPORTING TO CONGRESS OF THE COSTS TO THE FEDERAL GOVERNMENT ASSOCIATED WITH THE PROPOSED AGREEMENT TO REDUCE GREENHOUSE GAS EMISSIONS SEC 580 The President shall provide to the Congress a detailed account of all Federal agency obligations and expenditures for climate change programs and activities domestic and international for fiscal year 1997 planned obligations for such activities in fiscal year 1998 and any plan for programs thereafter in the context of negotiations to amend the Framework Convention on Climate Change FCCC to be provided to the appropriate congressional committees no later than November AUTHORITY TO ISSUE INSURANCE AND EXTEND FINANCING SEC 581 a IN GENERAL Section 235 a of the Foreign Assistance Act of U S C 2195 a is amended 1 by striking paragraphs 1 and 2 A and inserting the following INSURANCE AND FINANCING A The maximum contingent liability outstanding at any one time pursuant to insurance issued under section 234 a and the amount of financing issued under sections 234 b and c shall not exceed in the aggregate by redesignating paragraph 3 as paragraph 2 and 3 by amending paragraph 2 as so redesignated by striking September and inserting September b CONFORMING AMENDMENT Paragraph 2 of section 235 a of that Act 22 U S C 2195 a as redesignated by subsection a is further amended by striking a and b and inserting a b and c WITHHOLDING ASSISTANCE TO COUNTRIES VIOLATING UNITED NATIONS SANCTIONS AGAINST LIBYA SEC a 546 WITHHOLDING OF ASSISTANCE Except as provided in subsection b whenever the President determines and certifies to Congress that the government of any country is violating any sanction against Libya imposed pursuant to United Nations Security Council Resolution or 883 then not less than 5 percent of the funds allocated for the country under section 653 a of the Foreign Assistance Act of 1961 out of appropriations in this Act shall be withheld from obligation and expenditure for that country b EXCEPTION The requirement to withhold funds under subsection a shall not apply to funds appropriated in this Act for allocation under section 653 a of the Foreign Assistance Act of 1961 for development assistance or for humanitarian assistance c WAIVER Funds may be provided for a country without regard to subsection a if the President determines that to do so is in the national security interest of the United States WAR CRIMES PROSECUTION SEC 583 Section 2401 of title 18 United States Code Public Law the War Crimes Act of 1996 is amended as follows 1 in subsection a by striking grave breach of the Geneva Conventions and inserting war crime in subsection b by striking breach each place it appears and inserting war crime and 3 so that subsection c reads as follows c DEFINITION As used in this section the term war crime means any conduct defined as a grave breach in any of the international conventions signed at Geneva 12 August 1949 or any protocol to such convention to which the United States is a party prohibited by Article or 28 of the Annex to the Hague Convention IV Respecting the Laws and Customs of War on Land signed 18 October which constitutes a violation of common Article 3 of the international conventions signed at Geneva 12 August 1949 or any protocol to such convention to which the United States is a party and which deals with non international armed conflict or of a person who in relation to an armed conflict and contrary to the provisions of the Protocol on Prohibitions or Restrictions on the Use of Mines Booby Traps and Other Devices as amended at Geneva on 3 May 1996 Protocol II as amended on 3 May 1996 when the United States is a party to such Protocol willfully kills or causes serious injury to civilians TITLE V GENERAL PROVISIONS Continued THE BUDGET FOR FISCAL YEAR 1999 INTERNATIONAL MILITARY EDUCATION AND TRAINING PROGRAMS FOR LATIN AMERICA SEC 584 a EXPANDED IMET The Secretary of Defense in consultation with the Secretary of State should make every effort to ensure that approximately 30 percent of the funds appropriated in this Act for International Military Education and Training for the cost of Latin American participants in IMET programs will be disbursed for the purpose of supporting enrollment of such participants in expanded IMET courses b CIVILIAN PARTICIPATION The Secretary of State in consultation with the Secretary of Defense should identify sufficient numbers of qualified non military personnel from countries in Latin America so that approximately 25 percent of the total number of individuals from Latin American countries attending United States supported IMET programs and the Center for Hemispheric Defense Studies at the National Defense University are civilians c REPORT Not later than twelve months after the date of enactment of this Act the Secretary of Defense in consultation with the Secretary of State shall report in writing to the appropriate committees of the Congress on the progress made to improve military training of Latin American participants in the areas of human rights and civilian control of the military The Secretary shall include in the report plans for implementing additional expanded IMET programs for Latin America during the next three fiscal years AID TO THE GOVERNMENT OF THE DEMOCRATIC REPUBLIC OF CONGO SEC 585 None of the funds appropriated or otherwise made available by this Act may be provided to the central Government of the Democratic Republic of Congo until such time as the President reports in writing to the Congress that the central Government of the Democratic Republic of Congo is cooperating fully with investigators from the United Nations in accounting for human rights violations committed in the Democratic Republic of Congo or adjacent countries ASSISTANCE FOR THE MIDDLE EAST SEC 586 Of the funds appropriated by this Act under the headings Economic Support Fund Foreign Military Financing International Military Education and Training Peacekeeping Operations for refugees resettling in Israel under the heading Migration and Refugee Assistance and for assistance for Israel to carry out provisions of chapter 8 of part II of the Foreign Assistance Act of 1961 under the heading Nonproliferation Anti Terrorism Demining and Related Programs not more than a total of may be made available for Israel Egypt Jordan Lebanon the West Bank and Gaza the Israel Lebanon Monitoring Group the Multinational Force and Observers the Middle East Regional Democracy Fund Middle East Regional Cooperation and Middle East Multilateral Working Groups Provided That any funds that were appropriated under such headings in prior fiscal years and that were at the time of enactment of this Act obligated or allocated for other recipients may not during fiscal year 1998 be made available for activities that if funded under this Act would be required to count against this ceiling Provided further That funds may be made available notwithstanding the requirements of this section if the President determines and certifies to the Committees on Appropriations that it is important to the national security interest of the United States to do so and any such additional funds shall only be provided through the regular notification procedures of the Committees on Appropriations AGRICULTURE SEC 587 The first proviso of subsection k under the heading Assistance for the New Independent States of the Former Soviet Union in the Foreign Operations Export Financing and Related Programs Appropriations Act 1997 as contained in Public Law is amended by striking not less than and inserting in lieu thereof up to ENTERPRISE FUND RESTRICTIONS SEC 588 Section 201 l of the Support for East European Democracy Act 22 U S C 5421 l is amended to read as follows l Limitation on Payments to Enterprise Fund Personnel No part of the funds of an Enterprise Fund shall inure to the benefit of any board member officer or employee of such Enterprise Fund except as salary or reasonable compensation for services subject to paragraph An Enterprise Fund shall not pay compensation for services to A any board member of the Enterprise Fund except for services as a board member or B any firm association or entity in which a board member of the Enterprise Fund serves as partner director officer or employee Nothing in paragraph 2 shall preclude payment for services performed before the date of enactment of this subsection nor for arrangements approved by the grantor and notified in writing to the Committees on Appropriations CAMBODIA SEC 589 The Secretary of the Treasury should instruct the United States executive directors of the international financial institutions to use the voice and vote of the United States to oppose loans to the Government of Cambodia except loans to support basic human needs EXPORT FINANCING TRANSFER AUTHORITIES SEC Not to exceed 5 percent of any appropriation other than for administrative expenses made available for fiscal year for programs under title I of this Act may be transferred between such appropriations for use for any of the purposes programs and activities for which the funds in such receiving account may be used but no such appropriation except as otherwise specifically provided shall be increased by more than 25 percent by any such transfer Provided That the exercise of such authority shall be subject to the regular notification procedures of the Committees on Appropriations DEVELOPMENT CREDIT AUTHORITY SEC 591 For the cost as defined in section 502 of the Congressional Budget Act of 1974 of direct loans and loan guarantees in support of the development objectives of the Foreign Assistance Act of 1961 up to which amount may be derived by transfer from funds appropriated by this Act to carry out part I of the Foreign Assistance Act of 1961 and funds appropriated by this Act under the heading Assistance for Eastern Europe and the Baltic States to remain available until expended Provided That up to of the funds appropriated by this Act under the heading Operating Expenses of the Agency for International Development may be made available for administrative expenses to carry out such programs Provided further That the provisions of section 107A d relating to general provisions applicable to development credit authority of the Foreign Assistance Act of 1961 as added by section 306 of H R 1486 as reported by the House Committee on International Relations on May shall be applicable to direct loans and loan guarantees provided under this paragraph Provided further That direct loans or loan guarantees under this paragraph may not be provided until the Director of the Office of Management and Budget has certified to the Committees on Appropriations that the Agency for International Development has established a credit management system capable of effectively managing the credit programs funded under this heading including that such system 1 can provide accurate and timely provision of loan and loan guarantee data 2 contains information control systems for loan and loan guarantee data 3 is adequately staffed and 4 contains appropriate review and monitoring procedures AUTHORIZATION FOR POPULATION PLANNING SEC 592 a Not to exceed of the funds appropriated in title II of this Act may be available for population planning activities or other population assistance b Such funds may be apportioned only on a monthly basis and such monthly apportionments may not exceed 8 34 percent of the total available for such activities Foreign Operations Export Financing and Related Programs Appropriation Act
