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FUNDS APPROPRIATED TO THE PRESIDENT Program and Financing (in millions of dollars) UNANTICIPATED NEEDS General and special funds: Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.21 Unobligated balance transferred to other accounts 1997 est. 1998 est. 21.40 UNANTICIPATED NEEDS For expenses necessary to enable the President to meet unanticipated needs, in furtherance of the national interest, security, or defense which may arise at home or abroad during the current fiscal year; $1,000,000. Program and Financing (in millions of dollars) 1996 actual Identification code 11–0037–0–1–802 1996 actual Identification code 11–0033–0–1–453 Federal Funds 23.90 40.00 40.79 1997 est. 4 ................... ................... –4 ................... ................... Total budgetary resources available for obligation ................... ................... ................... New budget authority (gross), detail: Appropriation .................................................................. ................... ................... Contingent appropriation not available ........................ ................... ................... 5,800 –5,800 1998 est. 43.00 00.01 Obligations by program activity: Reserved for future allocation ....................................... ................... ................... Total obligations (object class 92.0) ........................ ................... ................... 1 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... ................... ................... ................... 1 10.00 Appropriation (total) .................................................. ................... ................... ................... 22.00 22.30 23.90 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ Unobligated balance expiring ........................................ 1 ................... 1 –1 ................... ................... Total budgetary resources available for obligation ................... ................... New obligations ............................................................. ................... ................... 1 –1 40.00 New budget authority (gross), detail: Appropriation .................................................................. 1 ................... 1 73.10 73.20 Change in unpaid obligations: New obligations ............................................................. ................... ................... Total outlays (gross) ...................................................... ................... ................... 1 –1 86.90 Outlays (gross), detail: Outlays from new current authority .............................. ................... ................... 1 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ 1 ................... Outlays ........................................................................... ................... ................... 1 1 These funds will enable the President to meet unanticipated needs in furtherance of the national interest, security, or defense. EMERGENCY REQUIREMENTS øUNANTICIPATED NEEDS¿ FOR øNATURAL¿ DISASTERS For emergency requirements of the disaster relief activities of the Federal Emergency Management Agency, the wildland firefighting activities of the Departments of Agriculture and the Interior, the flood control and emergency conservation activities of the Department of Agriculture, the emergency highways activities of the Department of Transportation, the disaster loan program of the Small Business Administration, and the flood control and coastal emergency activities of the Corps of Engineers, $5,800,000,000, to remain available until expended: Provided, That such amount is designated by Congress as an emergency requirement pursuant to section 251(b)(2)(D)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, which shall be available only in such amounts as the President designates as emergency requirements pursuant to the Act: Provided further, That amounts so designated by the President shall not be available until 15 days after the President notifies the Congress of such designation: Provided further, That amounts made available under this head may be transferred to the Federal agency authorized to conduct the programs and activities for which the funds are made available. This budget proposes the establishment of a contingent emergency reserve to fund unanticipated needs arising from both natural and man-made disasters. The amounts requested for this fund are based on the average emergency budget authority adjustment made to the discretionary spending caps established under the Budget Enforcement Act of 1990 (BEA) over the seven year period from 1991–1997. This fund is to be used by the Departments of Agriculture, Interior, and Transportation, the Federal Emergency Management Agency, the Small Business Administration, and the Army Corps of Engineers to cover costs that exceed budget assumptions for these types of requirements. The proposed contingency fund would allow for the use of funds among the disaster assistance programs specified, based upon actual need. This flexibility would allow the most appropriate program available to the government to respond to a particular natural or other disaster. The release of any amount of this fund could not occur until 15 days after the President has officially notified the Congress. This built in constraint is designed to give Congress appropriate time to respond, and at the same time not impede the Government’s ability to assist communities stricken by a natural or other type of disaster. Congress has provided $1.7 billion to cover natural and other disasters in 1997 ($1.3 billion in emergency spending, and $0.4 billion in contingent emergency funding). This budget requests $5.8 billion in contingent funding for 1998—the average emergency spending under the BEA. The contingency request for future years will be based on average emergency funding used under the BEA. The BEA provided that the discretionary spending caps may be increased for items designated by both the President and the Congress as an ‘‘emergency requirement.’’ The following displays the increases, to the discretionary spending caps, resulting from the designation of emergency requirements. ADJUSTMENTS TO DISCRETIONARY SPENDING CAPS FOR EMERGENCIES 1 [In billions of dollars] 1991 Budget Authority ................. 1992 1993 1994 1995 1996 1997 1998 1991– 1997 Average 0.9 8.3 4.6 12.2 7.7 5.1 1.7 ........ 5.8 69 UNANTICIPATED NEEDS—Continued Federal Funds—Continued 70 THE BUDGET FOR FISCAL YEAR 1998 General and special funds—Continued EMERGENCY REQUIREMENTS—Continued øUNANTICIPATED NEEDS¿ FOR øNATURAL¿ DISASTERS—Continued ADJUSTMENTS TO DISCRETIONARY SPENDING CAPS FOR EMERGENCIES 1—Continued [In billions of dollars] 1991 Outlays ............ 1992 1993 1994 1995 1996 1997 1998 1991– 1997 Average 1.1 1.8 5.4 9.0 10.1 6.4 5.3 1.7 4.9 1 Data for FY 1997 includes $0.4 billion in contingent emergency budget authority that has not yet resulted in cap adjustments. Areas, øof which $3,000,000 shall be used for a newly designated High Intensity Drug Trafficking Area in Lake County, Indiana; of which $6,000,000 shall be used for a newly designated High Intensity Drug Trafficking Area for the Gulf Coast States of Louisiana, Alabama, and Mississippi; of which $8,000,000 shall be used for a newly designated High Intensity Drug Trafficking Area dedicated to combating methamphetamine use, production and trafficking in a five State area including Iowa, Missouri, Nebraska, South Dakota, and Kansas; of which $3,000,000 shall be used for a newly designated High Intensity Drug Trafficking Area in the State of Colorado; of which $3,000,000 shall be used for a newly designated High Intensity Drug Trafficking Area in the Pacific Northwest; of the total amount appropriated, including transferred funds,¿ of which no less than $71,000,000 shall be transferred to State and local entities for drug control activities, which shall be obligated within 120 days of the date of enactment of this act and up to $69,207,000 may be transferred to Federal agencies and departments at a rate to be determined by the Directorø: Provided, That the funds made available under this head shall be obligated within 90 days of the date of enactment of this Act¿. (Executive Office Appropriations Act, 1997.) The BEA does not specify a definition for ‘‘emergency requirement.’’ The OMB June 1991 ‘‘Report on Costs of Domestic and International Emergencies and on the Threats Posed by the Kuwaiti Oil Fires,’’ required by P.L. 102–55, defines an emergency expenditure as one that includes the following elements: • necessary expenditure—an essential or vital expenditure; not one that is merely useful or beneficial; • sudden—quickly coming into being, not building up over time; • urgent—pressing and compelling need requiring immediate action; • unforeseen—not predictable or seen beforehand as a coming need (an emergency that is part of an aggregate level of anticipated emergencies, particularly when normally estimated in advance, would not be ‘‘unforeseen’’); and, • not permanent—the need is temporary in nature. The Federal Government has historically provided most disaster relief funds for domestic emergencies through: FEMA’s disaster relief fund; the SBA disaster loan program; USDA’s wildland fire management account; Interior’s wildland fire management account; Transportation’s Federal-Aid Highways emergency relief program; and, the Corps of Engineers flood control and coastal emergencies program. Funding for these programs has been generally provided by regular appropriations for base non-emergency and some emergency activities, and, when necessary, through supplemental appropriations to address additional unforeseen requirements. This budget includes requests for appropriations for the base activities which is the higher of the 1997 enacted level, or the 10year average of non-emergency appropriations for each of the disaster assistance programs. The Federal-Aid Highway emergency relief program receives $100 million annually in mandatory funds and only relies on discretionary supplementals when the need arises. 23.90 23.95 24.40 1998 Non-Emergency Appropriations Requests for Disaster Assistance Programs 86.90 86.93 [Budget authority in millions of dollars] Department of Agriculture firefighting .................................................................................. Department of Interior firefighting ........................................................................................ Federal Emergency Management Agency disaster relief ....................................................... Small Business Administration disaster loan program ......................................................... Department of Transportation Federal-Aid Highways emergency relief ................................ Corps of Engineers flood control and coastal emergencies .................................................. Total Non-Emergency Appropriations Requests ........................................................ $211 $126 $320 $173 [$100] $14 $844 FEDERAL DRUG CONTROL PROGRAMS Federal Funds General and special funds: HIGH INTENSITY DRUG TRAFFICKING AREAS PROGRAM ø(INCLUDING TRANSFER OF FUNDS)¿ For necessary expenses of the Office of National Drug Control Policy’s High Intensity Drug Trafficking Areas Program, ø$127,102,000¿ $140,207,000 for drug control activities consistent with the approved strategy for each of the designated High Intensity Drug Trafficking Program and Financing (in millions of dollars) Identification code 11–1070–0–1–802 1996 actual 1997 est. 1998 est. 00.02 Obligations by program activity: Grants to State and local law enforcement agencies 64 71 71 10.00 Total obligations (object class 41.0) ........................ 64 71 71 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... ................... ................... 22.00 New budget authority (gross) ........................................ 63 111 40 140 21.40 40.00 41.00 42.00 Total budgetary resources available for obligation 63 New obligations ............................................................. –64 Unobligated balance available, end of year: Uninvested balance ................................................... ................... New budget authority (gross), detail: Appropriation .................................................................. 103 Transferred to other accounts ....................................... –40 Transferred from other accounts ................................... ................... 111 –71 180 –71 40 107 127 140 –29 ................... 13 ................... 43.00 Appropriation (total) .................................................. 64 111 140 70.00 Total new budget authority (gross) .......................... 63 111 140 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 57 64 –48 73 71 –75 69 71 –71 73 69 69 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 12 36 23 52 23 48 87.00 Total outlays (gross) ................................................. 48 75 71 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 64 48 111 75 140 71 72.40 The High Intensity Drug Trafficking Areas (HIDTA) Program was established by the Anti-Drug Abuse Act of 1988 to provide assistance to Federal and State and local law enforcement entities operating in those areas most adversely affected by drug trafficking. Since January, 1990, counties in 15 areas have been designated as HIDTAs: New York; Los Angeles; Miami; Houston; Baltimore/Washington, DC; Puerto Rico/Virgin Islands; Southwest Border; Chicago; Atlanta; Philadelphia/Camden; Gulf Coast (Alabama, Louisiana, and Mississippi); Lake County (Indiana); Midwest (Iowa, Kansas, Missouri, Nebraska, and South Dakota—focused on methamphetamine); Pacific Northwest (Washington Cascades); and Rocky Mountains (Colorado, Utah, and Wyoming). INTERNATIONAL SECURITY ASSISTANCE Federal Funds FUNDS APPROPRIATED TO THE PRESIDENT Funds made available under the HIDTA program are disbursed at the discretion of the Director of the Office of National Drug Control Policy for joint local, State, and Federal initiatives. SPECIAL FORFEITURE FUND (INCLUDING TRANSFER OF FUNDS) For activities to support a national media campaign for youth, and other purposes, authorized by Public Law 100–690, as amended, ø$112,900,000,¿ $175,000,000, øof which $42,000,000 shall be transferred to the United States Customs Service for the conversion of one P–3AEW aircraft for the air interdiction program; of which $10,000,000 shall be available for transfer to other Federal agencies for methamphetamine reduction efforts; and of which $60,900,000 shall be available to the Director of the National Drug Control Policy for enhancing other drug control activities, including transfer to other Federal agencies: Provided, That of the amount provided, $112,900,000 is designated by Congress as an emergency requirement pursuant to section 251(b)(2)(D)(I) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended to become available only upon receipt by the Congress of a supplemental request from the President requesting such designation.¿ to remain available until expended: Provided, That such funds may be transferred to other Federal departments and agencies to carry out such activities. (Treasury, Postal Service and General Government Appropriations Act, 1997.) Unavailable Collections (in millions of dollars) Identification code 11–5001–0–2–802 1996 actual 1997 est. 1998 est. Balance, start of year: 01.99 Balance, start of year .................................................... Receipts: 02.02 Forfeited cash and proceeds from sale of forfeited property ...................................................................... 23 27 ................... 04.00 07.99 24 24 51 51 Total: Balances and collections .................................... Total balance, end of year ............................................ 1 24 51 51 51 Program and Financing (in millions of dollars) Identification code 11–5001–0–2–802 10.00 1996 actual 1997 est. Obligations by program activity: Total obligations (object class 41.0) ............................ ................... ................... Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... ................... ................... 22.00 New budget authority (gross) ........................................ ................... 71 1998 est. 175 71 tor of the Office of National Drug Control Policy. This Fund can receive deposits from the Department of Justice Assets Forfeiture Fund and the Department of the Treasury Assets Forfeiture Fund in addition to General Fund appropriations. The monies in the Fund support high-priority drug control programs and may be transferred to drug control agencies. The budget schedule does not display intended 1997 obligations or transfer of 1997 appropriations in the Fund. The ONDCP Director’s decision regarding these funds will be transmitted to the Congress separately. Obligations directly incurred by ONDCP will be reflected in its Salaries and Expenses account. INTERNATIONAL SECURITY ASSISTANCE Federal Funds General and special funds: ECONOMIC SUPPORT FUND For necessary expenses to carry out the provisions of chapter 4 of part II, ø$2,343,000,000¿ $2,497,600,000, to remain available until øSeptember 30, 1998: Provided, That of the funds appropriated under this heading, not less than $1,200,000,000 shall be available only for Israel, which sum shall be available on a grant basis as a cash transfer and shall be disbursed within thirty days of enactment of this Act or by October 31, 1996, whichever is later: Provided further, That not less than $815,000,000 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, and of which not less than $200,000,000 shall be provided as Commodity Import Program assistance: Provided further, That in exercising the authority to provide cash transfer assistance for Israel and Egypt, 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 each such country: Provided further, That it is the sense of the Congress that the recommended levels of assistance for Egypt and Israel are based in great measure upon their continued participation in the Camp David Accords and upon the Egyptian-Israeli peace treaty: Provided further, That none of the funds appropriated under this heading shall be made available for Zaire.¿ expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation ................... 71 New obligations ............................................................. ................... ................... Unobligated balance available, end of year: Uninvested balance ................................................... ................... 71 New budget authority (gross), detail: 40.00 Appropriation .................................................................. ................... 41.00 Transferred to other accounts ....................................... ................... 71 175 246 –175 71 113 175 –42 ................... 43.00 Appropriation (total) .................................................. ................... 71 175 70.00 Total new budget authority (gross) .......................... ................... 71 175 73.10 73.20 74.40 86.90 Change in unpaid obligations: New obligations ............................................................. ................... ................... Total outlays (gross) ...................................................... ................... ................... Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. ................... ................... Outlays (gross), detail: Outlays from new current authority .............................. ................... ................... 175 –158 Identification code 72–1037–0–1–152 10.00 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 1997 est. 1998 est. 2,307 2,650 2,445 208 2,342 287 ................... 2,363 2,445 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 45 ................... ................... 2,595 –2,307 2,650 –2,650 2,445 –2,445 287 ................... ................... 2,360 2,363 –19 ................... 2,498 –53 43.00 17 New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. 41.00 Transferred to other accounts ................................... Appropriation (total) ............................................. Permanent: Spending authority from offsetting collections: Offsetting collections (cash) ..................................... 2,341 2,445 70.00 Total new budget authority (gross) .......................... 2,342 2,363 2,445 72.40 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 2,775 2,799 2,984 158 68.00 Net budget authority and outlays: 89.00 Budget authority ............................................................ ................... 71 90.00 Outlays ........................................................................... ................... ................... Obligations by program activity: Total obligations ............................................................ 1996 actual 175 158 The Anti-Drug Abuse Act of 1988, as amended, established the Special Forfeiture Fund to be administered by the Direc- 2,363 1 ................... ................... 72 INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 General and special funds—Continued ECONOMIC SUPPORT FUND—Continued Program and Financing (in millions of dollars)—Continued Identification code 72–1037–0–1–152 73.10 73.20 73.45 74.40 New obligations ............................................................. Total outlays (gross) ...................................................... Adjustments in unexpired accounts .............................. Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1996 actual 1997 est. 1998 est. 2,307 2,650 2,445 –2,238 –2,465 –2,423 –45 ................... ................... 2,799 2,984 3,006 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 1,248 990 1,281 1,184 1,287 1,136 87.00 Total outlays (gross) ................................................. 2,238 2,465 2,423 Offsets: Against gross budget authority and outlays: 88.45 Offsetting collections (cash) from: Offsetting governmental collections ............................................ 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... –1 ................... ................... 2,341 2,237 2,363 2,465 2,445 2,423 This account is used to provide economic assistance to selected countries in support of U.S. efforts to promote stability and U.S. security interests in strategic regions of the world. Object Classification (in millions of dollars) Identification code 72–1037–0–1–152 25.2 41.0 99.0 41.0 99.9 Direct obligations: Other services ............................................................ Grants, subsidies, and contributions ........................ 1996 actual 1997 est. 1998 est. 5 2,257 5 2,645 5 2,440 Subtotal, direct obligations .................................. Allocation Account: Grants, subsidies, and contributions ........................................................................... 2,262 2,650 2,445 Total obligations ........................................................ 2,307 45 ................... ................... 2,650 2,445 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, ø$3,164,000,000¿ $3,274,250,000: Provided, øThat of the funds appropriated by this paragraph not less than $1,800,000,000 shall be available for grants only for Israel, and not less than $1,300,000,000 shall be available for grants only for Egypt: Provided further, That the funds appropriated by this paragraph for Israel shall be disbursed within thirty days of enactment of this Act or by October 31, 1996, 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 $475,000,000 shall be available for the procurement in Israel of defense articles and defense services, including research and development: Provided further, That of the funds made available under this paragraph, $30,000,000 shall be available for assistance on a grant basis for Poland, Hungary, and the Czech Republic to carry out title II of Public Law 103–477 and section 585 of Public Law 104–107: Provided further,¿ That funds made available under this paragraph shall be nonrepayable notwithstanding any requirement in section 23 of the Arms Export Control Actø: Provided further, That, for the purpose only of providing support for NATO expansion and the Warsaw Initiative Program, of the funds appropriated by this Act under the headings ‘‘Assistance for Eastern Europe and the Baltic States’’ and ‘‘Assistance for the New Independent States of the Former Soviet Union’’, up to a total of $7,000,000 may be transferred, notwithstanding any other provision of law, to the funds appropriated under this paragraph: 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¿. 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, ø$60,000,000¿ $66,000,000: Provided, That these funds are available to subsidize gross obligations for the principal amount of direct loans of not to exceed ø$540,000,000: 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 of the funds appropriated under this paragraph $20,000,000 shall be made available to Poland, Hungary, and the Czech Republic: Provided further, That funds appropriated under this heading 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: $122,500,000 only for Greece and $175,000,000 only for Turkey¿ $699,500,000. 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, øThat 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 funds made available under this heading shall be obligated upon apportionment in accordance with paragraph (5)(C) of title 31, United States Code, section 1501(a): øProvided further, That none of the funds appropriated under this heading shall be available for Zaire, Sudan, Liberia, and Guatemala:¿ Provided further, That funds made available under this heading may be used, notwithstanding any other provision of law, for activities related to the clearance of landmines and unexploded ordnance, 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 $23,250,000 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 salesø: Provided further, That not more than $355,000,000 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 1997 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, 1997.) øFor an additional amount for grants to enable the President to carry out the provisions of section 23 of the Arms Export Control Act, $60,000,000.¿ (Omnibus Consolidated Appropriations Act, 1997.) Program and Financing (in millions of dollars) Identification code 11–1082–0–1–152 1996 actual 1997 est. 1998 est. 00.01 00.02 Obligations by program activity: Country programs .......................................................... Administrative costs ...................................................... 3,269 23 3,201 23 3,251 23 10.00 Total obligations ........................................................ 3,292 3,224 3,274 22.00 Budgetary resources available for obligation: New budget authority (gross) ........................................ 3,292 3,224 3,274 INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT 23.95 New obligations ............................................................. 40.00 42.00 –3,292 New budget authority (gross), detail: Appropriation .................................................................. Transferred from other accounts ................................... –3,224 –3,274 73 86.93 Outlays from current balances ...................................... 12 13 26 87.00 Total outlays (gross) ................................................. 30 35 51 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 39 30 43 35 50 51 3,278 3,224 3,274 14 ................... ................... 43.00 Appropriation (total) .................................................. 3,292 3,224 3,274 70.00 Total new budget authority (gross) .......................... 3,292 3,224 3,274 Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1,436 1,781 1,845 3,292 3,224 3,274 –2,946 –3,160 –3,453 –1 ................... ................... 1,781 1,845 1,666 This assistance provides grant military education and training to military and civilian students from foreign countries. In addition to helping these countries move toward self-sufficiency in defending themselves, this program also exposes foreign students to American democratic values, particularly military respect for civilian rule and for individual and human rights. Object Classification (in millions of dollars) 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 1,866 1,080 1,829 1,331 2,535 918 87.00 Total outlays (gross) ................................................. 2,946 3,160 3,453 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 3,292 2,946 3,224 3,160 3,274 3,453 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. Identification code 11–1081–0–1–152 1996 actual 1997 est. 1998 est. 26.0 41.0 99.5 Supplies and materials ................................................. Grants, subsidies, and contributions ............................ Below reporting threshold .............................................. 4 34 1 4 38 1 5 44 1 99.9 Total obligations ........................................................ 39 43 50 MILITARY-TO-MILITARY CONTACT PROGRAM Program and Financing (in millions of dollars) Identification code 11–1084–0–1–152 1996 actual Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1997 est. 1998 est. 72.40 Object Classification (in millions of dollars) Identification code 11–1082–0–1–152 1996 actual 1997 est. 1998 est. 25.2 41.0 Other services ................................................................ Grants, subsidies, and contributions ............................ 23 3,269 23 3,201 23 3,251 99.9 Total obligations ........................................................ 3,292 3,224 3,274 INTERNATIONAL MILITARY EDUCATION AND Program and Financing (in millions of dollars) 1996 actual 1997 est. 86.93 Outlays (gross), detail: Outlays from current balances ...................................... Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... 2 3 ................... 43 50 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 39 –39 43 –43 50 –50 40.00 New budget authority (gross), detail: Appropriation .................................................................. 39 43 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 military that are non-political, loyal to civilian constitutional authority, structured for defensive needs, and respectful of human and individual rights. 50 For necessary expenses to carry out the provisions of section 551 of the Foreign Assistance Act of 1961, ø$65,000,000¿ $90,000,000ø: Provided, That none of the funds appropriated under this paragraph shall be obligated or expended except as provided through the regular notification procedures of the Committees on Appropriations¿. (Omnibus Consolidated Appropriations Act, 1997.) Program and Financing (in millions of dollars) Identification code 72–1032–0–1–152 72.40 Outlays (gross), detail: Outlays from new current authority .............................. 3 ................... PEACEKEEPING OPERATIONS 39 86.90 2 1998 est. Obligations by program activity: 10.00 Total obligations ............................................................ Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 3 ................... ................... 89.00 90.00 TRAINING For necessary expenses to carry out the provisions of section 541 of the Foreign Assistance Act of 1961, $50,000,000 ø$43,475,000: Provided, That none of the funds appropriated under this heading shall be available for Zaire and Guatemala: Provided further, That funds appropriated under this heading for grant financed military education and training for Indonesia may only be available for expanded international military education and training¿. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Identification code 11–1081–0–1–152 6 3 ................... –2 –3 ................... –1 ................... ................... 23 27 35 39 43 50 –30 –35 –51 –5 ................... ................... 1996 actual 1997 est. 1998 est. 10.00 Obligations by program activity: Total obligations (object class 41.0) ............................ 96 65 90 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 96 –96 65 –65 90 –90 New budget authority (gross), detail: Appropriation .................................................................. 70 65 90 27 35 34 22.00 23.95 18 22 25 40.00 74 INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 General and special funds—Continued PEACEKEEPING OPERATIONS—Continued Program and Financing (in millions of dollars)—Continued Identification code 72–1032–0–1–152 1996 actual 1997 est. 1998 est. 42.00 Transferred from other accounts ................................... 26 ................... ................... 43.00 Appropriation (total) .................................................. 96 65 90 70.00 Total new budget authority (gross) .......................... 96 65 90 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 29 50 40 96 65 90 –73 –75 –82 –1 ................... ................... 50 40 48 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 50 23 45 30 62 20 87.00 Total outlays (gross) ................................................. 73 75 82 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 96 73 65 75 90 82 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 to other related programs carried out in furtherance of the national security interests of the United States. In 1997, contributions are planned for the Multinational Force and Observers in the Sinai, Europe, Africa and other regional programs, and other activities. COUNTER-TERRORISM ASSISTANCE TO ISRAEL Program and Financing (in millions of dollars) Identification code 11–1089–0–1–152 1996 actual 1997 est. 1998 est. 10.00 Obligations by program activity: Total obligations (object class 41.0) ............................ 50 ................... ................... 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 50 ................... ................... –50 ................... ................... 40.00 New budget authority (gross), detail: Appropriation .................................................................. 50 ................... ................... 73.10 73.20 Change in unpaid obligations: New obligations ............................................................. Total outlays (gross) ...................................................... 50 ................... ................... –50 ................... ................... 86.90 Outlays (gross), detail: Outlays from new current authority .............................. 50 ................... ................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 50 ................... ................... 50 ................... ................... This program was created to help Israel counter terrorist threats to its security. øNONPROLIFERATION, ANTI-TERRORISM, DEMINING PROGRAMS¿ AND RELATED øFor necessary expenses for nonproliferation, anti-terrorism and related programs and activities, $133,000,000, 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 for demining 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 Agency (IAEA) and a voluntary contribution to the Korean Peninsula Energy Development Organization (KEDO), and for the acquisition and provision of goods and services, or for grants to Israel necessary to support the eradication of terrorism in and around Israel: Provided, That of this amount not to exceed $15,000,000, 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 $25,000,000 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, prior to such obligation of funds, the President certifies and so reports to Congress that (1)(A) the United States is taking steps to assure that progress is made on the implementation of the January 1, 1992, 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 the end of fiscal year 1997; 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 before obligating any funds for KEDO, the President shall report to Congress on (1) the cooperation of North Korea in the process of returning to the United States the remains of United States military personnel who are listed as missing in action as a result of the Korean conflict (including conducting joint field activities with the United States); (2) violations of the military armistice agreement of 1953; (3) the actions which the United States is taking to assure that North Korea is consistently taking steps to implement the Joint Declaration on Denuclearization of the Korean Peninsula and engage in North-South dialogue; and (4) all instances of non-compliance with the Agreed Framework between North Korea and the United States and the Confidential Minute, including diversion of heavy fuel oil: Provided further, That the obligation of such funds 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 the Korean Peninsula Energy Development Organization, to include proposed annual costs associated with heavy fuel oil purchases and other related activities, and the amount of funds pledged by other donor nations and organizations to support KEDO activities on a per country basis. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) For an additional amount for nonproliferation, anti-terrorism and related programs and activities, $18,000,000, to carry out the provisions of chapter 8 of part II of the Foreign Assistance Act of 1961 for anti-terrorism assistance.¿ (Omnibus Consolidated Appropriations Act, 1997.) INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT Program and Financing (in millions of dollars) 1996 actual Identification code 11–1075–0–1–152 10.00 1997 est. Obligations by program activity: Total obligations (object class 41.0) ............................ ................... 1998 est. 140 This account shows financial transactions related to the construction of two airfields in Israel that were part of the Camp David agreement. 11 NONPROLIFERATION Budgetary resources available for obligation: 21.40 Unobligated balance available, start of year: Uninvested balance ................................................... ................... ................... 11 22.00 New budget authority (gross) ........................................ ................... 151 ................... 23.90 23.95 24.40 40.00 Total budgetary resources available for obligation ................... New obligations ............................................................. ................... Unobligated balance available, end of year: Uninvested balance ................................................... ................... 151 –140 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 11 –11 11 ................... New budget authority (gross), detail: Appropriation .................................................................. ................... 75 151 ................... AND DISARMAMENT FUND For necessary expenses of the Nonproliferation and Disarmament Fund, to carry out activities contained in section 504 of the FREEDOM Support Act, $15,000,000, to remain available until expended: Provided, That such funds may be used for 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 funds appropriated under this heading may be made available notwithstanding any other provision of law: Provided further, That funds appropriated under this heading shall be subject to the regular notification procedures of the Committees on Appropriations. Program and Financing (in millions of dollars) 72.40 86.90 86.93 ................... ................... ................... 140 ................... –66 ................... 74 11 –39 74 46 Outlays (gross), detail: Outlays from new current authority .............................. ................... 66 ................... Outlays from current balances ...................................... ................... ................... 39 87.00 Net budget authority and outlays: Budget authority ............................................................ ................... Outlays ........................................................................... ................... ASSISTANCE FOR RELOCATION OF FACILITIES 00.01 00.02 00.03 00.04 00.05 00.06 39 10.00 151 ................... 66 39 Total outlays (gross) ................................................. ................... 89.00 90.00 Identification code 11–1071–0–1–152 1997 est. 1998 est. Obligations by program activity: Education and training .................................................. 1 3 2 Destruction and conversion assistance ......................... 5 2 3 Enforcement/interdiction assistance ............................. 4 6 5 Safeguards/verification assistance ............................... ................... 4 4 Administration ................................................................ ................... ................... 1 International Science and Technology Centers ............. 14 1 ................... 21.40 66 IN 1996 actual Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 23.90 23.95 24.40 ISRAEL Total obligations ........................................................ Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 24 16 15 4 16 ................... 36 ................... 15 40 –24 16 –16 15 –15 16 ................... ................... Program and Financing (in millions of dollars) Identification code 11–1088–0–1–152 1996 actual 1997 est. New budget authority (gross), detail: Spending authority from offsetting collections: 68.00 Offsetting collections (cash) ..................................... ................... 68.49 Portion applied to liquidate contract authority ........ ................... 1998 est. 2 ................... –2 ................... New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. 42.00 Transferred from other accounts .............................. 20 ................... 15 15 ................... ................... 43.00 Appropriation (total) ............................................. Permanent: Spending authority from offsetting collections: Offsetting collections (cash) ..................................... 35 ................... Total new budget authority (gross) .......................... 36 ................... 68.00 68.90 Spending authority from offsetting collections (total) ................................................................ ................... ................... ................... 70.00 Change in unpaid obligations: 72.49 Unpaid obligations, start of year: Obligated balance: Contract authority ..................................................... 4 4 73.20 Total outlays (gross) ...................................................... ................... –2 73.40 Adjustments in expired accounts .................................. ................... –2 74.49 Unpaid obligations, end of year: Obligated balance: Contract authority ..................................................... 4 ................... ................... ................... ................... ................... Outlays (gross), detail: 86.93 Outlays from current balances ...................................... ................... 2 ................... Offsets: Against gross budget authority and outlays: 88.40 Offsetting collections (cash) from: Non-Federal sources .................................................................. ................... –2 ................... Net budget authority and outlays: 89.00 Budget authority ............................................................ ................... –2 ................... 90.00 Outlays ........................................................................... ................... ................... ................... 0100 0360 0500 0700 1996 actual 1997 est. Balance, start of year .................................................... 4 4 Adjustments in expired accounts .................................. ................... –2 Offsetting collections applied to liquidate contract authority .................................................................... ................... –2 Balance, end of year ..................................................... 4 ................... 1 ................... ................... 15 72.40 86.90 86.93 86.97 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... Outlays from new permanent authority ......................... 87.00 Total outlays (gross) ................................................. Offsets: Against gross budget authority and outlays: 88.00 Offsetting collections (cash) from: Federal sources 89.00 90.00 Status of Contract Authority (in millions of dollars) Identification code 11–1088–0–1–152 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 15 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 13 24 –24 13 16 –15 14 15 –16 13 14 13 19 ................... 4 4 15 12 1 ................... ................... 24 15 16 –1 ................... ................... 35 ................... 23 15 15 16 1998 est. ................... ................... ................... ................... This account is used to provide 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 in foreign countries. 76 INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 1159 Total direct loan levels ............................................. Direct loan subsidy (in percent): 1320 Subsidy rate ................................................................... NONPROLIFERATION AND DISARMAMENT FUND—Continued Object Classification (in millions of dollars) Identification code 11–1071–0–1–152 22.0 25.2 41.0 Transportation of things ................................................ Other services ................................................................ Grants, subsidies, and contributions ............................ 99.9 Total obligations ........................................................ 1996 actual 1997 est. 1998 est. 544 540 700 10.84 11.11 9.44 1329 General and special funds—Continued 10.84 11.11 9.44 59 60 66 Weighted average subsidy rate ................................. Direct loan subsidy budget authority: 1330 Subsidy budget authority ............................................... 1 ................... ................... 9 15 15 14 1 ................... Total subsidy budget authority ................................. Direct loan subsidy outlays: 1340 Subsidy outlays .............................................................. 59 60 66 66 68 52 24 1349 66 68 52 16 15 Credit accounts: 1339 Total subsidy outlays ................................................ FOREIGN MILITARY FINANCING DIRECT LOAN FINANCING ACCOUNT FOREIGN MILITARY FINANCING LOAN PROGRAM ACCOUNT Program and Financing (in millions of dollars) Program and Financing (in millions of dollars) Identification code 11–4122–0–3–152 Identification code 11–1085–0–1–152 1996 actual 1997 est. Obligations by program activity: 00.01 Direct loan subsidy ........................................................ 59 00.05 Reestimates of direct loan subsidy ............................... ................... 00.06 Interest on reestimates of direct loan subsidy ............. ................... 60 66 23 ................... 1 ................... 10.00 Total obligations (object class 41.0) ........................ 59 84 66 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 59 –59 84 –84 66 –66 New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. 41.00 Transferred to other accounts ................................... 43.00 60.05 70.00 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1997 est. 1998 est. Obligations by program activity: Direct loans .................................................................... 544 Interest on Treasury borrowing ...................................... 77 Payment of downward reestimate of subsidy to receipt account ...................................................................... ................... 00.04 Payment of interest on downward reestimate of subsidy to receipt account ............................................. ................... 00.01 00.02 00.03 540 93 700 124 10 ................... 1 ................... 10.00 64 60 66 –5 ................... ................... Appropriation (total) ............................................. 59 Permanent: Appropriation (indefinite) .......................................... ................... Total new budget authority (gross) .......................... 1996 actual 1998 est. 59 60 66 24 ................... 84 66 Total obligations ........................................................ 621 644 824 22.00 23.95 Budgetary resources available for obligation: New financing authority (gross) .................................... New obligations ............................................................. 621 –621 644 –644 824 –824 493 480 634 140 –7 –5 257 –9 –84 370 14 –194 Spending authority from offsetting collections (total) ................................................................ 128 164 190 Total new financing authority (gross) ...................... 621 644 824 Change in unpaid obligations: Unpaid obligations, start of year: 72.90 Obligated balance: Obligated balance ..................... 72.95 Receivables from program account .......................... 1,797 190 1,789 183 1,770 174 72.99 73.10 73.20 New financing authority (gross), detail: Authority to borrow (indefinite) ..................................... Spending authority from offsetting collections: 68.00 Offsetting collections (cash) ..................................... 68.10 Receivables from program account .......................... 68.47 Portion applied to debt reduction ............................. 67.15 68.90 70.00 72.40 190 59 –66 184 84 –92 175 66 –52 184 175 189 4 5 64 47 24 ................... 87.00 92 Total outlays (gross) ................................................. Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... 66 59 66 84 92 66 52 Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars) Direct loan levels supportable by subsidy budget authority: 1150 Direct loan levels ........................................................... 1996 actual 544 1997 est. 540 1,972 644 –673 1,944 824 –683 1,789 183 1,770 174 1,895 188 Total unpaid obligations, end of year .................. Total financing disbursements (gross) ......................... 1,972 636 1,944 673 2,083 683 52 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. Identification code 11–1085–0–1–152 1,987 621 –636 74.90 74.95 Total unpaid obligations, start of year ................ New obligations ............................................................. Total financing disbursements (gross) ......................... Unpaid obligations, end of year: Obligated balance: Obligated balance ..................... Receivables from program account .......................... 74.99 87.00 Outlays (gross), detail: 86.90 Outlays from new current authority .............................. ................... 86.93 Outlays from current balances ...................................... 66 86.97 Outlays from new permanent authority ......................... ................... 1998 est. 700 Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: Federal sources: 88.00 Federal sources ................................................ –94 88.00 Federal sources ................................................ ................... 88.40 Non-Federal sources ............................................. –46 –69 –52 –24 ................... –164 –318 88.90 88.95 Total, offsetting collections (cash) .................. Change in receivables from program accounts ............ –140 7 –257 9 –370 –14 89.00 90.00 Net financing authority and financing disbursements: Financing authority ........................................................ Financing disbursements ............................................... 488 496 396 416 440 313 Status of Direct Loans (in millions of dollars) Identification code 11–4122–0–3–152 Position with respect to appropriations act limitation on obligations: 1111 Limitation on direct loans ............................................. 1996 actual 544 1997 est. 540 1998 est. 700 INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT 1150 Total direct loan obligations ..................................... 544 540 700 77 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 11 ................... ................... 59 52 50 –70 –52 –50 86.97 86.98 Outlays (gross), detail: Outlays from new permanent authority ......................... Outlays from permanent balances ................................ 59 52 50 11 ................... ................... 87.00 Total outlays (gross) ................................................. 72.40 1210 1231 1251 1290 Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. 539 Disbursements: Direct loan disbursements ................... 559 Repayments: Repayments and prepayments ................. ................... Outstanding, end of year .......................................... 1,098 568 –23 1,643 1,098 1,643 560 –160 2,043 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 ............ 1402 Interest receivable .............................. 1405 Allowance for subsidy cost (–) ........... 1499 1901 Net present value of assets related to direct loans ........................... Other Federal assets: Other assets ........ 1999 52 50 1996 actual 1997 est. –36 –199 –22 –219 Total, offsetting collections (cash) .................. –289 –255 –241 89.00 90.00 1995 actual Offsets: Against gross budget authority and outlays: Offsetting collections (cash) from: 88.00 Federal sources: Debt Reduction .......................... ................... Non-Federal sources: 88.40 Non-Federal sources—Claims ......................... –43 88.40 Non-Federal sources—FFB Loans .................... –246 88.90 Balance Sheet (in millions of dollars) Identification code 11–4122–0–3–152 70 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... –229 –218 –203 –203 –191 –191 1998 est. 310 160 .................. .................. 190 184 175 188 539 9 –71 1,098 12 –143 1,643 18 –212 2,043 22 –264 477 1,488 967 1,630 1,449 1,542 1,801 1,573 –20 ................... Total assets ........................................ LIABILITIES: Federal liabilities: 2103 Debt ..................................................... 2105 Other ................................................... 2,465 2,941 3,166 3,562 788 1,487 1,134 1,623 1,702 1,289 2,220 1,154 2999 2,275 2,757 2,991 Status of Direct Loans (in millions of dollars) Identification code 11–4121–0–3–152 1996 actual 1997 est. 1998 est. Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. 7,911 7,021 6,096 Disbursements: Direct loan disbursements ................... 35 14 9 Repayments: Repayments and prepayments: 1251 Repayments and prepayments ............................. –950 –872 –776 1251 Repayments and prepayments: Debt Reduction ................... –20 ................... 1261 Adjustments: Capitalized interest ................................. 25 ................... ................... 1263 Write-offs for default: Direct loans ............................... ................... –47 ................... 1210 1231 3,374 Total liabilities .................................... NET POSITION: 3100 Appropriated capital ................................ 190 184 175 Total net position ................................ 190 184 175 188 4999 Total liabilities and net position ............ 2,465 2,941 3,166 3,562 Identification code 11–4121–0–3–152 1997 est. 1998 est. Obligations by program activity: 00.01 Direct program: Guarantee claims ................................ 59 52 50 10.00 Total obligations (object class 33.0) ........................ 59 52 50 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 59 –59 52 –52 50 –50 16 28 New budget authority (gross), detail: Appropriation (indefinite) ............................................... 24 Spending authority from offsetting collections: Offsetting collections (cash): 68.00 Offsetting collections (cash) ................................ 289 68.00 Offsetting collections (cash): Debt Reduction ..... ................... 68.27 Capital transfer to general fund .............................. –7 68.47 Portion applied to debt reduction ............................. –246 60.05 68.90 70.00 1996 actual Cumulative balance of guaranteed loans outstanding: 2210 Outstanding, start of year ............................................. 6,610 2251 Repayments and prepayments ...................................... –481 2261 Adjustments: Terminations for default that result in loans receivable ........................................................ ................... 6,096 5,329 1997 est. 6,129 –431 1998 est. 5,694 –385 –4 –4 Outstanding, end of year .......................................... 6,129 5,694 5,305 2299 Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 5,516 5,122 4,744 Addendum: Cumulative balance of defaulted guaranteed loans that result in loans receivable: 2331 Disbursements for guaranteed loan claims ............. 2364 Other adjustments, net ............................................. 26 –26 34 –34 42 –42 Program and Financing (in millions of dollars) 1996 actual 7,021 2290 FOREIGN MILITARY LOAN LIQUIDATING ACCOUNT Identification code 11–4121–0–3–152 Outstanding, end of year .......................................... Status of Guaranteed Loans (in millions of dollars) 188 3999 1290 235 241 20 ................... –16 ................... –203 –219 Spending authority from offsetting collections (total) ................................................................ 36 36 22 Total new budget authority (gross) .......................... 59 52 50 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. 78 INTERNATIONAL SECURITY ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 90.00 Credit accounts—Continued Financing disbursements ............................................... ................... 18 1 FOREIGN MILITARY LOAN LIQUIDATING ACCOUNT—Continued Status of Direct Loans (in millions of dollars) Statement of Operations (in millions of dollars) Identification code 11–4121–0–3–152 1995 actual 1996 actual –105 –365 1997 est. 282 –293 277 –277 1996 actual Identification code 11–4174–0–3–152 1998 est. 0111 0112 Revenue ................................................... Expense .................................................... 260 –260 0119 Net income or loss (–) ............................ –470 –11 .................. Net income or loss .................................. –470 –11 .................. 1998 est. Position with respect to appropriations act limitation on obligations: 1111 Limitation on direct loans ............................................. ................... ................... ................... .................. 0199 1997 est. .................. 1150 1210 1232 Balance Sheet (in millions of dollars) Identification code 11–4121–0–3–152 ASSETS: 1101 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 .............................. 1602 Interest receivable .............................. 1604 Direct loans and interest receivable, net .................................................. 1699 Value of assets related to direct loans .......................................... 1999 Total assets ........................................ LIABILITIES: Federal liabilities: 2102 Interest payable .................................. 2103 Debt ..................................................... 2105 Other ................................................... 1995 actual 1996 actual 1997 est. Total direct loan obligations ..................................... ................... ................... ................... Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. ................... ................... 20 Disbursements: Purchase of loans assets from the public ......................................................................... ................... 20 ................... 1998 est. 1290 11 .................. .................. .................. 7,911 579 7,021 655 6,096 574 5,329 496 8,491 7,676 6,670 5,825 8,491 7,676 6,670 5,825 8,501 7,676 6,670 5,825 56 3,493 4,333 51 3,247 3,767 48 3,048 3,111 44 2,829 2,493 Outstanding, end of year .......................................... ................... Total liabilities .................................... NET POSITION: 3100 Appropriated capital ................................ 3300 Cumulative results of operations ............ 20 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. Balance Sheet (in millions of dollars) Identification code 11–4174–0–3–152 1995 actual 1996 actual ASSETS: Net value of assets related to post– 1991 direct loans receivable: 1401 Direct loans receivable, gross ............ 1405 Allowance for subsidy cost (–) ........... .................. .................. .................. .................. 1499 Net present value of assets related to direct loans ........................... 1997 est. 1998 est. 20 –3 20 –3 .................. .................. 17 17 Total assets ........................................ LIABILITIES: 2103 Federal liabilities: Debt ........................... .................. .................. 17 17 .................. .................. 17 17 1999 2999 20 7,882 7,065 6,207 5,366 11 608 .................. 611 .................. 463 .................. 459 2999 Total liabilities .................................... .................. .................. 17 17 4999 Total liabilities and net position ............ .................. .................. 17 17 3999 Total net position ................................ 619 611 463 459 4999 Total liabilities and net position ............ 8,501 7,676 6,670 5,825 Object Classification (in millions of dollars) 1996 actual Identification code 11–4174–0–3–152 MILITARY DEBT REDUCTION FINANCING ACCOUNT 33.0 43.0 Identification code 11–4174–0–3–152 1996 actual 1997 est. 1998 est. 00.01 00.02 Obligations by program activity: Payment to liquidating account .................................... ................... Interest on debt to Treasury .......................................... ................... 10.00 Total obligations ........................................................ ................... 21 1 22.00 23.95 Budgetary resources available for obligation: New financing authority (gross) .................................... ................... New obligations ............................................................. ................... 21 –21 1 –1 18 1 67.15 68.00 New financing authority (gross), detail: Authority to borrow (indefinite) ..................................... ................... Spending authority from offsetting collections: Offsetting collections (cash) .............................................. ................... 20 ................... 1 1 Investments and loans .................................................. ................... Interest and dividends ................................................... ................... 99.9 Program and Financing (in millions of dollars) 1997 est. Total obligations ........................................................ ................... 1998 est. 20 ................... 1 1 21 1 GENERAL FUND RECEIPT ACCOUNTS [In millions of dollars] 1996 actual 1997 est. 1998 est. Offsetting receipts from the public: 11–146800 Interest on foreign military credit sales .......... 11–296800 Repayment of loans, foreign military credit sales ................................................................................... 245 203 142 661 637 535 General Fund Offsetting receipts from the public ..................... 906 840 677 3 ................... 70.00 Total new financing authority (gross) ...................... ................... 21 1 73.10 73.20 87.00 Change in unpaid obligations: New obligations ............................................................. ................... Total financing disbursements (gross) ......................... ................... Total financing disbursements (gross) ......................... ................... 21 –21 21 1 –1 1 Offsets: Against gross financing authority and financing disbursements: 88.00 Offsetting collections (cash) from: Federal sources ................... 89.00 Net financing authority and financing disbursements: Financing authority ........................................................ ................... INTERNATIONAL DEVELOPMENT ASSISTANCE MULTILATERAL ASSISTANCE Federal Funds General and special funds: INTERNATIONAL FINANCIAL INSTITUTIONS –3 ................... 18 1 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 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT contribution to the Global Environment Facility (GEF), ø$35,000,000¿ $100,000,000, to remain available until øSeptember 30, 1998¿ expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 11–0077–0–1–151 1996 actual 1997 est. 1998 est. 00.01 00.02 Obligations by program activity: Paid in capital ............................................................... Global environment trust fund ...................................... 10.00 Total obligations (object class 33.0) ........................ 63 35 100 Budgetary resources available for obligation: Unobligated balance available, start of year: 21.40 Appropriation ............................................................. 21.47 Authority to borrow .................................................... 1,948 5,715 1,948 5,715 1,948 5,715 21.99 22.00 Total unobligated balance, start of year ............. New budget authority (gross) ........................................ 7,663 63 7,663 35 7,663 100 23.90 23.95 7,726 –63 7,698 –35 7,763 –100 24.40 24.47 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Appropriation ............................................................. Authority to borrow .................................................... 1,948 5,715 1,948 5,715 1,948 5,715 24.99 Total unobligated balance, end of year .................... 7,663 7,663 79 the GEF coordinates work implemented through the World Bank, the United Nations Development Programme, and the United Nations Environment Programme. GEF programs place emphasis on strong local participation to ensure successful implementation of projects, and it works to mainstream environmental protection in the economic development plans of developing countries. Following U.S. strategic guidance, the GEF will have prepared a workplan in May 1997 that brings total cumulative commitments to over $1.7 billion (including workplan approvals that later require a final approval). GEF participation forms the main pillar of U.S. influence in ongoing international negotiations on environment, especially the Framework Convention on Climate Change and Convention on Biological Diversity. The GEF induces increased environmental protection by the developing countries that pose the biggest long-term threat to the global environment. Also, the GEF is the pioneer in harnessing private capital flows for investment in environmentally sound development. The FY 1998 request consists of $100 million for the last of four U.S. installments to the $2 billion replenishment of the GEF. 7,663 28 ................... ................... 35 35 100 CONTRIBUTION TO THE INTERNATIONAL DEVELOPMENT ASSOCIATION New budget authority (gross), detail: 40.00 Appropriation .................................................................. Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 63 35 100 153 63 –26 190 35 –54 171 100 –42 190 171 229 72.40 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 3 23 3 51 9 33 87.00 Total outlays (gross) ................................................. 26 54 42 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 63 26 35 54 100 42 For payment to the International Development Association by the Secretary of the Treasury, ø$700,000,000,¿ $1,034,504,000, to remain available until expended, of which $234,504,000 is for the United States contribution to the tenth replenishment, and $800,000,000 is for the United States contribution to the eleventh replenishment. øto remain available until expended: Provided, That none of the funds may be obligated before March 1, 1997: Provided further, That not less than twenty days before such funds are obligated, the Secretary of the Treasury shall submit a report to the Committees on Appropriations on his efforts to reach agreement with the other IDA– 11 donors, including at the February 1997 IDA–11 donors review meeting, that the procurement restrictions in the Interim Trust Fund will be lifted.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) 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 $14.7 billion during its 1996 fiscal year; IBRD gross disbursements were $13.4 billion. Since its 1945 establishment, the IBRD has made loans totalling $280 billion. $140 for every $1 of U.S. paid in capital. Full funding of capital subscriptions for the U.S. share of a $74.8 billion general capital increase has been provided by 1989–96 appropriations. The Global Environment Facility (GEF) is the world’s leading institution for protecting the global environment and avoiding economic disruption from climate change, depletion of the ozone layer, extinction of species, and damage to water ecosystems populations. Through its leadership role on the GEF Council as a major donor, the United States has succeeded in establishing a detailed GEF Operational Strategy that focuses available resources on a cost-effective mixture of long- and short-term responses to these global environmental problems. Operated by an independent Secretariat, Identification code 11–0073–0–1–151 10.00 Obligations by program activity: Total obligations (object class 33.0) ............................ Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 1996 actual 710 1997 est. 700 1998 est. 1,035 21.40 23.90 23.95 24.40 40.00 10 ................... ................... 700 700 1,035 Total budgetary resources available for obligation 710 700 1,035 New obligations ............................................................. –710 –700 –1,035 Unobligated balance available, end of year: Uninvested balance ................................................... ................... ................... ................... New budget authority (gross), detail: Appropriation .................................................................. Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 700 700 1,035 3,752 710 –1,180 3,282 700 –1,139 2,843 1,035 –1,057 3,282 2,843 2,821 72.40 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 65 1,115 64 1,075 79 978 87.00 Total outlays (gross) ................................................. 1,180 1,139 1,057 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 700 1,180 700 1,139 1,035 1,057 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued 80 THE BUDGET FOR FISCAL YEAR 1998 MULTILATERAL ASSISTANCE—Continued General and special funds—Continued INTERNATIONAL FINANCIAL INSTITUTIONS—Continued CONTRIBUTION TO THE INTERNATIONAL DEVELOPMENT ASSOCIATION— Continued 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. 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 1995, IDA made new commitments of $6.9 billion; IDA’s gross disbursements were $5.9 billion. Since its establishment, IDA has made commitments totalling $96.9 billion (as of June 30, 1996). 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 three years, 1997–1999. The United States elected not to participate in FY 1997, the first year of the three-year replenishment. The United States pledged $1.6 billion for the last two years of the replenishment (15 percent of total donor contributions). The 1998 request of $1,034.5 million consists of $234.5 million to clear unmet U.S. commitments and $800 million for the United States contribution to the eleventh replenishment. øCONTRIBUTION TO THE INTERNATIONAL FINANCE CORPORATION¿ øFor payment to the International Finance Corporation by the Secretary of the Treasury, $6,656,000, for the United States share of the increase in subscriptions to capital stock, to remain available until expended.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) 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. IFC provides and mobilizes loans and equity investments for promising ventures, and provides technical assistance. 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. During World Bank FY 1996 the Corporation approved 264 new investments totalling $8.1 billion and net investments for the IFC’s own account were $3.2 billion. IFC’s committed loan and equity portfolio (for its own account) was $9.8 billion as of June 30, 1996. CONTRIBUTION TO MULTILATERAL INVESTMENT GUARANTEE AGENCY Program and Financing (in millions of dollars) Identification code 11–0084–0–1–151 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1996 actual 1997 est. 1998 est. 72.40 89.00 90.00 22 22 22 22 22 22 Net budget authority and outlays: 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. Authorization and full funding of U.S. membership was provided in 1988. During World Bank FY 1996, the MIGA issued 68 guarantees, with a maximum contingent liability of $862 million, to facilitate aggregate direct investment of $6.6 billion. There are no claims pending against MIGA. Program and Financing (in millions of dollars) CONTRIBUTION TO THE INTER-AMERICAN DEVELOPMENT BANK Identification code 11–0078–0–1–151 1996 actual 1997 est. 1998 est. 10.00 Obligations by program activity: Total obligations (object class 33.0) ............................ 61 7 ................... 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 61 –61 7 ................... –7 ................... 40.00 New budget authority (gross), detail: Appropriation .................................................................. 61 7 ................... 81 61 –53 90 36 7 ................... –60 –33 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 90 36 3 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 5 48 1 ................... 59 33 87.00 Total outlays (gross) ................................................. 53 60 Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... 61 53 33 7 ................... 60 33 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, $25,610,667, and for the United States share of the increase in the resources of the Fund for Special Operations, ø$10,000,000,¿ $20,835,000, 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 $1,503,718,910. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 11–0072–0–1–151 1996 actual 1997 est. 1998 est. 00.01 00.02 Obligations by program activity: Paid-in capital ............................................................... Fund for Special Operations .......................................... 26 10 26 10 26 21 10.00 Total obligations (object class 33.0) ........................ 36 36 46 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 3,798 36 3,798 36 3,798 46 21.40 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... New budget authority (gross), detail: 40.00 Appropriation .................................................................. Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 3,834 –36 3,834 –36 3,844 –46 3,798 3,798 23.95 24.40 New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 81 –113 –113 –163 748 748 748 113 113 163 744 113 –116 741 113 –125 729 163 –126 741 729 766 3,798 40.00 36 36 New budget authority (gross), detail: Appropriation .................................................................. 46 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 271 36 –121 186 36 –101 121 46 –72 186 121 95 8 113 7 94 7 65 87.00 121 101 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 8 108 4 121 5 121 87.00 Outlays (gross), detail: 86.90 Outlays from new current authority .............................. 86.93 Outlays from current balances ...................................... Total outlays (gross) ................................................. 116 125 126 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 113 116 113 125 163 126 72 Total outlays (gross) ................................................. Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... 36 121 36 101 46 72 The Inter-American Development Bank (IDB) promotes the economic and social development of Latin America and the Caribbean through loans and technical assistance. Since its inception in 1960, the Bank has lent over $84.6 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 1998 request includes: (1) budget authority of $25.6 million for paid-in capital subscriptions and $1,503.7 million in program limitations for callable capital subscriptions for payments on the U.S. contribution to the IDB’s eighth general capital increase; and (2) budget authority of $20.8 million for the 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, $13,221,596, 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 $647,858,204. The Asian Development Bank fosters 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). In 1995, the Bank lent $4.0 billion of its ordinary capital resources and extended loans and grants of $1.5 billion from its ADF resources for development projects. Since its founding in 1966, the ADB has loaned over $39.2 billion and the ADF has loaned over $17.5 billion. The Bank has made cumulative equity investments of $354 million. The 1998 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 third of six installments on the U.S. subscription to the ADB’s fourth general capital increase; and (2) $150 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 Fund, $50,000,000, to remain available until expended. (P.L. 103–306, section 526c.) Program and Financing (in millions of dollars) Identification code 11–0079–0–1–151 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 89–369), ø$100,000,000¿, $150,000,000 to remain available until expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) 1996 actual 1997 est. 1998 est. Identification code 11–0076–0–1–151 1996 actual 1997 est. Obligations by program activity: African development fund ............................................. ................... ................... 50 10.00 Total obligations (object class 33.0) ........................ ................... ................... 50 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ ................... ................... New obligations ............................................................. ................... ................... 50 –50 40.00 Program and Financing (in millions of dollars) 00.02 New budget authority (gross), detail: Appropriation .................................................................. ................... ................... 50 1998 est. Obligations by program activity: 00.01 Paid-in capital ............................................................... 00.02 Asian development fund ................................................ 13 100 13 100 13 150 10.00 Total obligations (object class 33.0) ........................ 113 113 163 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 748 113 748 113 748 163 23.90 861 861 911 21.40 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 492 420 73.10 New obligations ............................................................. ................... ................... 73.20 Total outlays (gross) ...................................................... –72 –63 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 420 357 72.40 86.93 Total budgetary resources available for obligation Outlays (gross), detail: Outlays from current balances ...................................... 72 63 357 50 –72 335 72 82 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 86.93 50 23 13 Total outlays (gross) ................................................. 97 31 32 89.00 90.00 General and special funds—Continued Outlays from current balances ...................................... 87.00 MULTILATERAL ASSISTANCE—Continued Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 70 97 12 31 36 32 INTERNATIONAL FINANCIAL INSTITUTIONS—Continued CONTRIBUTION TO THE AFRICAN DEVELOPMENT FUND—Continued Program and Financing (in millions of dollars)—Continued Identification code 11–0079–0–1–151 89.00 90.00 1996 actual 1997 est. 1998 est. Net budget authority and outlays: Budget authority ............................................................ ................... ................... Outlays ........................................................................... 72 63 50 72 The African Development Bank (AFDB) lends at marketbased rates for economic development of countries on the African continent. The United States joined the AFDB in 1983 when membership was open to non-regional countries. In 1995, the AFDB financed 11 new projects worth $683 million. Since its inception in 1963, the AFDB has financed 714 projects worth over $19.4 billion. The African Development Fund (AFDF), the concessional lending affiliate of the African Development Bank, makes loans to the poorest African nations. AFDF operations have been interrupted since the end of 1993 when resources from the last AFDF replenishment had been exhausted and prior to conclusion of negotiations on a seventh replenishment of the AFDF. In that time, Bank management has undertaken far-reaching and comprehensive restructuring and institutional reforms. By the end of 1993 and since its inception in 1974, cumulative AFDF lending totaled $10.2 billion for development projects. The 1997 request includes: $50 million in budget authority for the first installment on the U.S. share of the seventh replenishment of AFDF resources. 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 80% of projects approved in 1995 were in the private sector. The United States and other shareholders signed the articles of agreement of the EBRD on May 29, 1990, and the Bank officially began operating on April 15, 1991. The capitalization of the EBRD is ECU 10 billion (approximately $12 billion equivalent at then-prevailing exchange rates). Paid-in contributions constitute 30 percent of total capital, with the remainder callable. At the end of 1995, the EBRD had approved 368 loans and investments totalling $10.1 billion. The 1998 request consists of $35.8 million in budget authority for paid-in capital subscriptions and $123.4 million in program limitations for callable capital subscriptions for the first of eight installments on the U.S. subscription to the general capital increase. NORTH AMERICAN DEVELOPMENT BANK 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, ø$56,000,000¿ $56,500,000, to remain available until expended. LIMITATION ON CALLABLE CAPITAL SUBSCRIPTIONS 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, ø$11,916,447¿ $35,778,717, for the United States share of the paid-in øshare¿ portion of the øinitial capital subscription¿ increase in capital stock, to remain available until expended. 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 $318,750,000. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 11–1008–0–1–151 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 ø$27,805,043¿ $123,237,803. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) 1996 actual 1997 est. 1998 est. 10.00 Obligations by program activity: Total obligations (object class 33.0) ............................ 56 56 57 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 56 –56 56 –56 57 –57 40.00 New budget authority (gross), detail: Appropriation .................................................................. 56 56 57 Program and Financing (in millions of dollars) Identification code 11–0088–0–1–151 1996 actual 1997 est. 1998 est. Obligations by program activity: 10.00 Total obligations (object class 33.0) ............................ 70 12 36 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 70 –70 12 –12 36 –36 40.00 New budget authority (gross), detail: Appropriation .................................................................. 70 12 36 62 70 –97 35 12 –31 16 36 –32 35 16 19 47 8 19 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 2 ................... ................... 73.10 New obligations ............................................................. 56 56 57 73.20 Total outlays (gross) ...................................................... –58 –56 –57 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. ................... ................... ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. Outlays (gross), detail: Outlays from new current authority .............................. 86.90 86.98 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from permanent balances ................................ 87.00 72.40 86.90 72.40 Total outlays (gross) ................................................. 58 56 57 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 56 58 56 56 57 57 56 56 57 2 ................... ................... The North American Development Bank (NADBank) provides $2–3 billion in financing for high priority environmental INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT 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) will be contributed equally by the United States and Mexico over a fouryear period. 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. 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. The U.S. community adjustment program will offer financing directly and through existing federal credit programs, such as the Small Business Administration. 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. The 1998 request consists of $56.5 million in budget authority for paid-in capital subscription and $318.8 million in program limitations for callable capital subscription with respect to the U.S. subscription to NADBank initial capitalization. BANK FOR ECONOMIC COOPERATION AND DEVELOPMENT MIDDLE EAST AND NORTH AFRICA For payment to the Bank for Economic Cooperation and Development in the Middle East and North Africa by the Secretary of the Treasury, for the United States share of the paid-in share portion of the initial capital subscription, up to $52,500,000, to be derived by transfer from funds appropriated under the head, ‘‘Economic Support Fund,’’ in this or prior appropriations Acts, to remain available until expended, notwithstanding section 502 of such acts. ON 73.10 73.20 Change in unpaid obligations: New obligations ............................................................. ................... ................... Total outlays (gross) ...................................................... ................... ................... 53 –53 86.90 Outlays (gross), detail: Outlays from new current authority .............................. ................... ................... 53 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... Outlays ........................................................................... ................... ................... 53 53 The Bank for Economic Cooperation and Development in the Middle East and North Africa (MEDB) is a key element of the Middle East peace process. As the first major regional institution including Israel and her neighbors, the MEDB will lend at market-based rates to foster regional integration and private sector-led growth in the Middle East and North Africa. The MEDB has a three-fold mandate to: (1) support the private sector; (2) assist with the privatization of state-owned enterprises; and (3) support regional integration in particular through infrastructure projects. The Bank is chartered to work as a ‘‘merchant bank,’’ coordinating closely with private sources of finance and catalyzing additional investment into the region. CONTRIBUTION 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, ø$27,500,000¿ $30,000,000, to remain available until expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 11–0089–0–1–151 1996 actual 1997 est. 1998 est. 10.00 IN THE (TRANSFER OF FUNDS) LIMITATION 83 CALLABLE CAPITAL SUBSCRIPTIONS The United States Governor of the Bank for Economic Cooperation and Development in the Middle East and North Africa 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 $157,500,500. Obligations by program activity: Total obligations (object class 33.0) ............................ 54 28 30 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 54 –54 28 –28 30 –30 40.00 New budget authority (gross), detail: Appropriation .................................................................. 54 28 30 217 54 –30 240 28 –38 230 30 –45 240 230 215 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 Identification code 11–1028–0–1–151 1996 actual 1997 est. Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 1 29 1 37 1 44 87.00 Program and Financing (in millions of dollars) 86.90 86.93 Total outlays (gross) ................................................. 30 38 45 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 54 30 28 38 30 45 1998 est. Obligations by program activity: 10.00 Total obligations (object class 33.0) ............................ ................... ................... 53 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ ................... ................... New obligations ............................................................. ................... ................... 53 –53 40.00 42.00 New budget authority (gross), detail: Appropriation .................................................................. ................... ................... ................... Transferred from other accounts ................................... ................... ................... 53 43.00 Appropriation (total) .................................................. ................... ................... 53 70.00 Total new budget authority (gross) .......................... ................... ................... 53 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 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 84 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 MULTILATERAL ASSISTANCE—Continued General and special funds—Continued CONTRIBUTION ENTERPRISE FOR THE AMERICAS MULTILATERAL INVESTMENT FUND—Continued TO to identify and resolve investment constraints, for investment in human capital, and for business infrastructure and development. The 1997 request for the MIF is $30 million for partial payment of oustanding U.S. commitments to the U.S. share of MIF resources. INTERNATIONAL ORGANIZATIONS AND PROGRAMS Program and Financing (in millions of dollars) 01.01 01.02 01.03 01.04 01.05 01.08 Obligations by program activity: UNICEF ........................................................................... UN Development Programme ......................................... UN Population Fund ....................................................... IAEA funded elsewhere in FY 97 ................................... KEDO funded elsewhere in FY 97 .................................. Various other organizations ........................................... 10.00 Total obligations (object class 41.0) ........................ 1996 actual 1997 est. 1998 est. 100 100 52 76 5 43 36 ................... 22 ................... 52 71 100 100 30 36 30 69 267 365 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... ................... 22.00 New budget authority (gross) ........................................ 285 290 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 285 –267 18 ................... 272 365 290 –290 New obligations ............................................................. Total outlays (gross) ...................................................... Adjustments in expired accounts .................................. Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 267 290 365 –302 –287 –342 1 ................... ................... 73 76 99 365 –365 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 226 76 204 83 274 68 87.00 Total outlays (gross) ................................................. 302 287 342 89.00 90.00 For necessary expenses to carry out øthe provisions of¿ section 301 of the Foreign Assistance Act of 1961, and øof¿ section 2 of the United Nations Environment Program Participation Act of 1973, ø$169,950,000¿ $365,000,000: Provided, That ønone 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 $25,000,000 of the funds appropriated under this heading may be made available to the UNFPA: Provided further, That not more than one-half of this amount may be provided to UNFPA before March 1, 1997, and that no later than February 15, 1997, 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 1997: Provided further, That any amount UNFPA plans to spend in the People’s Republic of China in 1997 shall be deducted from the amount of funds provided to UNFPA after March 1, 1997, 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)¿ notwithstanding any other provision of law, funds may be made available to the Korean Peninsula Energy Development Organization (KEDO). (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Identification code 72–1005–0–1–151 73.10 73.20 73.40 74.40 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 285 302 272 287 365 342 Status of Direct Loans (in millions of dollars) 1996 actual Identification code 72–1005–0–1–151 1997 est. 1998 est. 1210 1251 Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. Repayments: Repayments and prepayments ................. 36 –2 34 32 –2 ................... 1290 Outstanding, end of year .......................................... 34 32 32 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 UNFPA 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 1961ø,¿ ; and of modifying (a) concessional loans authorized under title I of the Agricultural Trade Development and Assistance Act of 1954, as amended, as authorized under subsection (a) under the heading ‘‘Debt Reduction for Jordan’’ in title VI of Public Law 103–306; and (b) direct loans extended to least developed countries, as authorized under section 411 of the Agricultural Trade Development and Assistance Act of 1954, as amended ø$27,000,000¿ $34,000,000, to remain available until expended, of which $20,000,000 shall be for modifications under (a) and (b): Provided, That none of the funds appropriated under this heading shall be obligated except as provided through the regular notification procedures of the Committees on Appropriations. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) 18 ................... ................... Unavailable Collections (in millions of dollars) New budget authority (gross), detail: 40.00 Appropriation .................................................................. 285 42.00 Transferred from other accounts ................................... ................... 170 365 102 ................... Identification code 11–0091–0–1–151 43.00 Appropriation (total) .................................................. 285 272 365 01.99 70.00 Total new budget authority (gross) .......................... 285 272 365 72.40 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73 76 1997 est. 1998 est. Balance, start of year: Balance, start of year .................................................... ................... 6 6 Receipts: 02.01 Downward reestimates and negative subsidies ............ 6 ................... ................... 04.00 07.99 108 1996 actual Total: Balances and collections .................................... Total balance, end of year ............................................ 6 6 6 6 6 6 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds FUNDS APPROPRIATED TO THE PRESIDENT AGENCY Program and Financing (in millions of dollars) Identification code 11–0091–0–1–151 1996 actual 1997 est. 1998 est. FOR 85 INTERNATIONAL DEVELOPMENT Federal Funds General and special funds: Obligations by program activity: Debt Restructuring Subsidy: ‘‘Debt Reduction For the Poorest’’ Program ...................................................... ................... 16 29 01.02 Jordan Debt Forgiveness ................................................ ................... 15 12 01.05 Reestimate of EAI Program Subsidy .............................. 26 ................... ................... 01.06 Interest on EAI Reestimate ............................................ 2 ................... ................... 01.01 10.00 Total obligations (object class 41.0) ........................ 28 31 41 Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 22.00 New budget authority (gross) ........................................ 15 38 25 27 21 34 53 –28 52 –31 55 –41 25 21 14 10 27 34 21.90 23.90 23.95 24.90 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ...................................................................... New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. Permanent: 60.05 Appropriation (indefinite) .......................................... 70.00 Total new budget authority (gross) .......................... Change in unpaid obligations: 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 86.90 86.93 86.97 28 ................... ................... 38 28 –28 27 31 –31 34 41 –41 Outlays (gross), detail: Outlays from new current authority .............................. ................... 20 22 Outlays from current balances ...................................... ................... 11 19 Outlays from new permanent authority ......................... 28 ................... ................... 87.00 Total outlays (gross) ................................................. 28 31 41 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 38 28 27 31 34 41 For the poorest and most heavily indebted countries, debt reduction will be undertaken in concert with the Paris Club of creditor nations to implement commitments made by G– 7 heads of state at recent Economic Summits. The Administration anticipates that $22 million in appropriations will permit debt reduction under Naples Terms for qualifying countries. As part of the $22 million, the Administration will be seeking appropriations of $2.3 million, as well as the necessary authorization, to modify credits extended or guaranteed by the Commodity Credit Corporation for Honduras. For Jordan, $12 million would be needed for the fourth stage of debt forgiveness proposed as a result of the historic peace agreement signed between the Hashemite Kingdom of Jordan and the Government of Israel in 1994. This request would further the commitment made by the United States to Jordan in support of these peace efforts. The face value to be forgiven stands at about $63 million. For Latin America and the Caribbean, the Administration proposes that debt reduction be effected at zero budget cost through buybacks and swaps of eligible debt, linked to commitment of local currency payments to support environment or child survival projects. The Administration will be seeking new authority for no-cost buybacks and swaps of P.L. 480 debt, and the approval of the appropriators for this program. For debt reduction for the poorest countries, resulting cash flows have been recorded in the debt reduction financing accounts for the Export-Import Bank, the foreign military loans, and for the Agency for International Development. Appropriate adjustments have been made to these agencies’ liquidating accounts. For Jordan debt forgiveness, appropriate adjustments have been recorded in P.L. 480 financing and liquidating accounts. øCHILD SURVIVAL AND DISEASE PROGRAMS FUND¿ SUSTAINABLE DEVELOPMENT ASSISTANCE For necessary expenses to carry out øthe provisions of part I and chapter 4 of part II¿ sections 103 through 106 of the Foreign Assistance Act of 1961, øfor child survival, basic education, assistance to combat tropical and other diseases, and related activities, in addition to funds otherwise available for such purposes, $600,000,000¿ $998,000,000, to remain available until expended: Provided, That øthis 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, (7) not to exceed $98,000,000 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 1961.¿ øDEVELOPMENT ø(INCLUDING ASSISTANCE¿ TRANSFER OF FUNDS)¿ øFor 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 96–533) and the provisions of section 401 of the Foreign Assistance Act of 1969, $1,181,500,000, to remain available until September 30, 1998: Provided, That of the amount appropriated under this heading, up to $20,000,000 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 $11,500,000 may be made available for the African Development Foundation and shall be apportioned directly to that agency: Provided further, That of the funds appropriated under title II of this Act that are administered by the Agency for International Development and made available for family planning assistance, not less than 65 percent shall be made available directly to the agency’s central Office of Population and shall be programmed by that office for family planning activities: Provided further, That of the funds appropriated under this heading and under the heading ‘‘Child Survival and Disease Programs Fund’’ that are made available by the Agency for International Development for development assistance activities, the amount made available to carry out chapter 10 of part I of the Foreign Assistance Act of 1961 (relating to the Development Fund for Africa) and the amount made available for activities in the Latin America and Caribbean region should be in at least the same proportion as the amount identified in the fiscal year 1997 draft congressional presentation document for development assistance for each such region is to the total amount requested for development assistance for such fiscal year: Provided further, That funds appropriated under this heading may be made available, notwithstanding any other provision of law except section 515 of this Act, to assist Vietnam to reform its trade regime (such as through reform of its commercial and investment legal codes): 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 86 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued General and special funds—Continued THE BUDGET FOR FISCAL YEAR 1998 are deemed to be among the most cost-effective and successful providers of development assistance.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) SUSTAINABLE DEVELOPMENT ASSISTANCE—Continued øDEVELOPMENT ASSISTANCE¿—Continued 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 1961ø: 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, up to $17,500,000 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 Committees 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 $25,000, in addition to funds otherwise available for such purposes, may be used to monitor and provide oversight of such programs: Provided further, That not less than $500,000 of the funds made available under this heading shall be available only for support of the United States Telecommunications Training Institute¿. øCYPRUS¿ øOf the funds appropriated under the headings ‘‘Development Assistance’’ and ‘‘Economic Support Fund’’, not less than $15,000,000 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.¿ øBURMA¿ øOf the funds appropriated by this Act to carry out the provisions of chapter 4 of part II of the Foreign Assistance Act of 1961, not less than $2,500,000 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, for the purposes of fostering democracy in Burma, supporting the provision of medical supplies and other humanitarian assistance to Burmese located in Burma or displaced Burmese along the borders, and for other purposes: Provided, That of this amount, not less than $200,000 shall be made available to support newspapers, publications, and other media activities promoting democracy inside Burma: Provided further, That funds made available 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.¿ øPRIVATE AND VOLUNTARY ORGANIZATIONS¿ øNone 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 per centum 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 98–473) 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 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 øINTERNATIONAL FUND FOR IRELAND¿ øFor necessary expenses to carry out the provisions of chapter 4 of part II of the Foreign Assistance Act of 1961, $19,600,000, 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 99–415): Provided, That such amount shall be expended 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 30, 1998.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 72–1021–0–1–151 00.01 00.02 10.00 1996 actual Obligations by program activity: Functional development assistance .............................. 1,387 Child Survival and Disease Programs ........................... ................... 1997 est. 1998 est. 1,534 998 500 ................... Total obligations ........................................................ 1,387 2,034 998 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 110 1,647 404 ................... 1,630 998 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 33 ................... ................... 1,790 –1,387 2,034 –2,034 998 –998 404 ................... ................... New budget authority (gross), detail: Current: Appropriation: 40.00 Appropriation ......................................................... 1,675 1,182 998 40.00 Appropriation ......................................................... ................... 600 ................... 40.35 Appropriation rescinded ............................................ –1 ................... ................... 41.00 Transferred to other accounts ................................... –32 –152 ................... 43.00 68.00 70.00 Appropriation (total) ............................................. Permanent: Spending authority from offsetting collections: Offsetting collections (cash) ..................................... 1,642 Total new budget authority (gross) .......................... 1,647 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1,630 998 5 ................... ................... 1,630 998 72.40 1,513 1,506 2,247 1,387 2,034 998 –1,360 –1,293 –1,310 –33 ................... ................... 1,506 2,247 1,935 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 67 1,293 116 1,177 71 1,239 87.00 Total outlays (gross) ................................................. 1,360 1,293 1,310 Offsets: Against gross budget authority and outlays: 88.45 Offsetting collections (cash) from: Offsetting governmental collections ............................................ 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... –5 ................... ................... 1,642 1,355 1,630 1,293 998 1,310 Sustainable Development Assistance Program.—This program provides economic resources to developing countries with the aim of bringing the benefits of development to the poor. The program promotes broad-based, self-sustaining economic growth, supports initiatives intended to: stabilize popu- INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT lation growth, protect the environment and foster increased democratic participation in developing countries. The program is concentrated in those areas in which the United States has special expertise and which promise the greatest opportunity for the poor to better their lives. Object Classification (in millions of dollars) 1996 actual Identification code 72–1021–0–1–151 1997 est. 1998 est. Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 22.21 Unobligated balance transferred to other accounts 87 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 63 463 119 ................... 475 492 8 ................... ................... –3 ................... ................... 531 –412 594 –594 492 –492 119 ................... ................... 22.0 23.2 25.1 25.2 41.0 Transportation of things ................................................ Rental payments to others ............................................ Advisory and assistance services .................................. Other services ................................................................ Grants, subsidies, and contributions ............................ 3 9 56 177 1,142 3 10 64 195 1,762 2 5 32 94 865 40.00 41.00 New budget authority (gross), detail: Appropriation .................................................................. Transferred to other accounts ....................................... 99.9 Total obligations ........................................................ 1,387 2,034 998 43.00 Appropriation (total) .................................................. 463 475 492 70.00 Total new budget authority (gross) .......................... 463 475 492 ASSISTANCE FOR EASTERN EUROPE AND THE BALTIC STATES 72.40 (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 1989, ø$475,000,000¿ $492,000,000, to remain available until øSeptember 30, 1998¿ expended, 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. ø(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.¿ ø(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)—¿ ø(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¿ ø(2) the provisions of section 531 of this Act shall apply.¿ ø(f) With regard to funds appropriated under this heading that are made available for economic revitalization programs in Bosnia and Herzegovina, 50 percent of such funds shall not be available for obligation unless the President determines and certifies to the Committees on Appropriations that the Federation of Bosnia and Herzegovina has 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 been terminated.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 72–1010–0–1–151 10.00 Obligations by program activity: Total obligations ............................................................ 1996 actual 412 1997 est. 594 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 522 475 492 –59 ................... ................... 1998 est. 492 879 839 936 412 594 492 –444 –497 –491 –8 ................... ................... 839 936 937 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 97 347 124 373 125 366 87.00 Total outlays (gross) ................................................. 444 497 491 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 463 444 475 497 492 491 This account provides funds to support democracy and economic restructuring in Central and Eastern European countries, including the new Baltic republics, consistent with the objectives of the Support for East European Democracy (SEED) Act. All SEED programs support one or more of the following strategic objectives: promoting broad-based economic growth (with an emphasis on privatization, legal and regulatory reform and support for the emerging private sector); encouraging democratic reforms; and improving the quality of life (including protecting the environment and providing humanitarian assistance). The 1998 budget request includes $200 million for the last of three installments of the U.S. pledge of $600 million in reconstruction assistance for Bosnia. Object Classification (in millions of dollars) 1996 actual Identification code 72–1010–0–1–151 11.8 21.0 25.1 25.2 41.0 99.0 41.0 99.9 Direct obligations: Personnel compensation: Special personal services payments ............................................................... Travel and transportation of persons ....................... Advisory and assistance services ............................. Other services ............................................................ Grants, subsidies, and contributions ........................ 1997 est. 1998 est. 2 1 27 85 281 3 1 40 125 425 3 1 36 107 345 Subtotal, direct obligations .................................. Allocation Account: Grants, subsidies, and contributions ........................................................................... 396 594 492 Total obligations ........................................................ 412 ASSISTANCE FOR THE 16 ................... ................... NEW INDEPENDENT STATES SOVIET UNION 594 OF THE 492 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, ø$625,000,000¿ $900,000,000, to remain available until øSeptember 30, 1998¿ ex- 88 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued AGENCY FOR THE BUDGET FOR FISCAL YEAR 1998 INTERNATIONAL DEVELOPMENT—Continued General and special funds—Continued ASSISTANCE NEW INDEPENDENT STATES SOVIET UNION—Continued FOR THE OF THE FORMER pended: Provided, That the provisions of such chapter shall apply to funds appropriated by this paragraph. (b) Of the funds made available under this heading, not to exceed $50,000,000 is for the cost of guaranteed loans made to the U.S. Russia Investment Fund, as authorized by section 635 of the Foreign Assistance Act of 1961, as amended: 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 these funds are available to subsidize total loan principal, any part of which is to be guaranteed, not to exceed $100,000,000. ø(b) None of the funds appropriated under this heading shall be transferred to the Government of Russia—¿ ø(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; and¿ ø(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.¿ ø(c) Funds may be furnished without regard to subsection (b) if the President determines that to do so is in the national interest.¿ ø(d) 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, disaster and refugee relief.¿ ø(e) 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 or nonproliferation programs.¿ ø(f) Funds appropriated under this heading shall be subject to the regular notification procedures of the Committees on Appropriations.¿ ø(g) 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 1961.¿ ø(h)(1) Of the funds appropriated under title II of this Act, including funds appropriated under this heading, not less than $10,000,000 shall be available only for assistance for Mongolia, of which amount not less than $6,000,000 shall be available only for the Mongolian energy sector.¿ ø(2) 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 1961.¿ ø(i) Funds made available in this Act for assistance to the New Independent States of the former Soviet Union shall be provided to the maximum extent feasible through the private sector, including small- and medium-size businesses, entrepreneurs, and others with indigenous private enterprises in the region, intermediary development organizations committed to private enterprise, and private voluntary organizations: Provided, That grantees and contractors should, to the maximum extent possible, place in key staff positions specialists with prior on the ground expertise in the region of activity and fluency in one of the local languages.¿ ø(j) 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.¿ ø(k) Of the funds made available under this heading, not less than $225,000,000 shall be made available for Ukraine, of which funds not less than $25,000,000 shall be made available to carry out United States decommissioning obligations regarding the Chernobyl plant made in the Memorandum of Understanding between the Government of Ukraine and the G–7 Group: Provided, That not less than $35,000,000 shall be made available for agricultural projects, including those undertaken through the Food Systems Restructuring Program, which leverage private sector resources with United States Government assistance: Provided further, That $5,000,000 shall be available for a small business incubator project: Provided further, That $5,000,000 shall be made available for screening and treatment of childhood mental and physical illnesses related to Chernobyl radiation: Provided further, That $5,000,000 shall be available only for a land and resource management institute to identify nuclear contamination at Chernobyl: Provided further, That $15,000,000 shall be available for the legal restructuring necessary to support a decentralized market-oriented economic system, including enactment of necessary substantive commercial law, implementation of reforms necessary to establish an independent judiciary and bar, legal education for judges, attorneys, and law students, and education of the public designed to promote understanding of a lawbased economy.¿ ø(l) Of the funds made available for Ukraine, under this Act and Public Law 104–107, not less than $50,000,000 shall be made available to improve safety at nuclear reactors: Provided, That of this amount $20,000,000 shall be provided for the purchase and installation of, and training for, safety parameter display or control systems at all operational nuclear reactors: Provided further, That of this amount, $20,000,000 shall be made available for the purchase, construction, installation and training for Full Scope and Analytical/ Engineering simulators: Provided further, That of this amount funds shall be made available to conduct Safety Analysis Reports at all operational nuclear reactors.¿ ø(m) Of the funds made available by this Act, not less than $95,000,000 shall be made available for Armenia.¿ ø(n)¿ (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. ø(o)(1) None of the funds appropriated under this heading may be made available for Russia unless 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 or related nuclear research facilities or programs.¿ ø(2) Paragraph (1) shall not apply if the President determines that making such funds available is important to the national security interest of the United States. Any such determination shall cease to be effective six months after being made unless the President determines that its continuation is important to the national security interest of the United States.¿ ø(p) Of the funds made available under this heading, not less than $10,000,000 shall be made available for a United States contribution to the Trans-Caucasus Enterprise Fund: Provided, That to further the development of the private sector in the Trans-Caucasus, such amount and amounts appropriated for purposes of subsection (t) under the heading ‘‘Assistance for the New Independent States of the Former Soviet Union’’ in Public Law 104–107 may be invested in a Trans-Caucasus Enterprise Fund or, notwithstanding the provisions of such subsection, invested in other funds established by public or private organizations, or transferred to the Overseas Private Investment Corporation to be available, subject to the requirements of the Federal Credit Reform Act, to subsidize the costs of direct and guaranteed loans.¿ ø(q)(1) Funds appropriated under this heading may not be made available for the Government of Ukraine if the President determines and reports to the Committees on Appropriations that the Govern- INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT ment of Ukraine is engaged in military cooperation with the Government of Libya.¿ ø(2) Paragraph (1) shall not apply if the President determines that making such funds available is important to the national security interest of the United States. Any such determination shall cease to be effective six months after being made unless the President determines that its continuation is important to the national security interest of the United States.¿ ø(r) Of the funds appropriated under this heading, not less than $15,000,000 should be available only for a family planning program for the New Independent States of the former Soviet Union comparable to the family planning program currently administered by the Agency for International Development in the Central Asian Republics and focusing on population assistance which provides an alternative to abortion.¿ ø(s) Funds made available under this Act or any other Act (other than assistance under title V of the FREEDOM Support Act and section 1424 of the ‘‘National Defense Authorization Act for Fiscal Year 1997’’) may not be provided for assistance to the Government of Azerbaijan until the President determines, and so reports to the Congress, that the Government of Azerbaijan is taking demonstrable steps to cease all blockades and other offensive uses of force against Armenia and Nagorno-Karabakh.¿ ø(t) Of the funds appropriated under this heading, not less than $2,500,000 shall be made available for the American-Russian Center.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) nership with the New Independent States (NIS); and providing access to each other’s markets, resources, and expertise. The 1998 budget request includes funding for a new ‘‘Partnership for Freedom’’ initiative, designed to foster economic growth, promote U.S. trade and investment, fight crime, and build civil societies in the NIS. Object Classification (in millions of dollars) 10.00 Obligations by program activity: Total obligations ............................................................ Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 22.21 Unobligated balance transferred to other accounts 22.22 Unobligated balance transferred from other accounts 1996 actual 11.8 21.0 25.1 25.2 26.0 31.0 41.0 Direct obligations: Personnel compensation: Special personal services payments ............................................................... Travel and transportation of persons ....................... Advisory and assistance services ............................. Other services ............................................................ Supplies and materials ............................................. Equipment ................................................................. Grants, subsidies, and contributions ........................ Subtotal, direct obligations .................................. Allocation Account: Grants, subsidies, and contributions ........................................................................... 506 99.9 Total obligations ........................................................ 546 1998 est. 546 842 900 232 518 262 ................... 576 900 FOR 1997 est. 1998 est. 3 5 5 3 4 5 46 72 75 144 211 230 1 ................... ................... 2 ................... ................... 307 550 585 99.0 41.0 DEVELOPMENT FUND 1997 est. 1996 actual Identification code 72–1093–0–1–151 Program and Financing (in millions of dollars) Identification code 72–1093–0–1–151 89 842 900 40 ................... ................... 842 900 AFRICA For necessary expenses to carry out chapter 10 of part I of the Foreign Assistance Act of 1961, $700,000,000, to remain available until expended: Provided, That notwithstanding section 496(n)(2) of such Act, funds appropriated by this Act may be transferred between this account and other sustainable development assistance accounts, as authorized by section 109 of such Act. Program and Financing (in millions of dollars) 21.40 75 ................... ................... –26 –1 ................... 10 5 ................... Identification code 72–1014–0–1–151 1996 actual 1997 est. 1998 est. Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 809 –546 842 –842 900 –900 262 ................... ................... 40.00 40.35 41.00 New budget authority (gross), detail: Appropriation .................................................................. Appropriation rescinded ................................................. Transferred to other accounts ....................................... 43.00 Appropriation (total) .................................................. 518 576 900 70.00 Total new budget authority (gross) .......................... 518 576 Obligations by program activity: Development Grants ....................................................... 124 70 700 10.00 23.90 23.95 24.40 00.01 Total obligations ........................................................ 124 70 700 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 141 70 ................... 22.00 New budget authority (gross) ........................................ ................... ................... 700 22.10 Resources available from recoveries of prior year obligations ....................................................................... 54 ................... ................... 21.40 900 Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 641 625 900 –1 ................... ................... –122 –49 ................... 23.90 23.95 24.40 40.00 1,390 1,097 1,242 546 842 900 –765 –696 –697 –75 ................... ................... 1,097 1,242 1,445 86.90 86.93 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 51 714 54 642 61 636 87.00 Total outlays (gross) ................................................. 765 696 697 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 518 765 576 696 195 –124 70 –70 70 ................... ................... New budget authority (gross), detail: Appropriation .................................................................. ................... ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 700 –700 700 72.40 900 697 86.90 86.93 87.00 This account provides funds for a program of assistance to the independent states that emerged from the former Soviet Union. These funds support U.S. foreign policy goals of consolidating improved U.S. security; building a lasting part- Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 89.00 90.00 1,892 1,316 914 124 70 700 –645 –472 –337 –54 ................... ................... 914 1,277 Outlays (gross), detail: Outlays from new current authority .............................. ................... ................... Outlays from current balances ...................................... 645 472 50 287 Total outlays (gross) ................................................. 1,316 645 472 337 Net budget authority and outlays: Budget authority ............................................................ ................... ................... Outlays ........................................................................... 645 472 700 337 The Development Fund for Africa account provides development assistance to sub-Saharan African countries. This ac- 90 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 FOR 74.40 INTERNATIONAL DEVELOPMENT—Continued Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 13 10 7 86.93 AGENCY Outlays (gross), detail: Outlays from current balances ...................................... 5 3 3 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... 5 3 3 General and special funds—Continued DEVELOPMENT FUND FOR AFRICA—Continued count is designed to enhance the Agency for International Development’s (USAID’s) effectiveness in meeting Africa’s development requirements. These resources finance both project and non-project assistance to address shared development program and policy objectives in reform-oriented African countries. These funds also support initiatives intended to promote economic growth, stabilize population growth, protect the environment and foster increased democratic participation. Object Classification (in millions of dollars) 1996 actual Identification code 72–1014–0–1–151 22.0 23.2 25.1 25.2 26.0 41.0 99.0 41.0 99.9 1997 est. 1998 est. Direct obligations: Transportation of things ........................................... ................... ................... 1 Rental payments to others ........................................ ................... ................... 4 Advisory and assistance services ............................. 7 2 25 Other services ............................................................ 27 8 75 Supplies and materials ............................................. 5 ................... ................... Grants, subsidies, and contributions ........................ 82 60 595 Subtotal, direct obligations .................................. Allocation Account: Grants, subsidies, and contributions ........................................................................... SUB-SAHARAN AFRICA DISASTER ASSISTANCE Program and Financing (in millions of dollars) Identification code 72–1040–0–1–151 1996 actual 1997 est. 1998 est. 70 124 700 3 ................... ................... 70 Budgetary resources available for obligation: Resources available from recoveries of prior year obligations ....................................................................... 24.40 Unobligated balance available, end of year: Uninvested balance ................................................... 2 ................... ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 121 Total obligations ........................................................ Funding for American Schools and Hospitals Abroad as a separate account ceased in 1994. Financing of key institutions that meet important foreign policy and developmental criteria will be done within the regular economic and development assistance accounts. 14 8 4 –5 –4 –2 –2 ................... ................... 22.10 2 ................... ................... 700 72.40 SAHEL DEVELOPMENT PROGRAM Program and Financing (in millions of dollars) 1996 actual Identification code 72–1012–0–1–151 1997 est. 8 4 2 5 4 2 1998 est. 86.93 Obligations by program activity: 00.01 Development Grants ....................................................... Total obligations (object class 41.0) ........................ 1 ................... ................... Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 23.95 New obligations ............................................................. 24.40 Unobligated balance available, end of year: Uninvested balance ................................................... 1 1 ................... –1 ................... ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 12 3 1 1 ................... ................... –10 –2 –1 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... 5 4 2 1 ................... ................... 10.00 Outlays (gross), detail: Outlays from current balances ...................................... 21.40 1 ................... ................... 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. 72.40 86.93 Outlays (gross), detail: Outlays from current balances ...................................... 3 1 ................... 10 2 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, $190,000,000, to remain available until expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) 1 Net budget authority and outlays: 89.00 Budget authority ............................................................ ................... ................... ................... 90.00 Outlays ........................................................................... 10 2 1 Program and Financing (in millions of dollars) Identification code 72–1035–0–1–151 10.00 The Sahel Development account provided assistance to African countries. Obligations by program activity: Total obligations ............................................................ Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 1996 actual 1997 est. 1998 est. 166 235 190 23 181 45 ................... 190 190 21.40 AMERICAN SCHOOLS AND HOSPITALS ABROAD Program and Financing (in millions of dollars) Identification code 11–1013–0–1–151 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 1996 actual 1997 est. 1998 est. 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 6 ................... ................... 210 –166 235 –235 190 –190 45 ................... ................... 72.40 19 13 10 –5 –3 –3 –1 ................... ................... 40.00 New budget authority (gross), detail: Appropriation .................................................................. 181 190 190 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 213 226 299 166 235 190 –146 –162 –178 –6 ................... ................... 226 299 311 Outlays (gross), detail: 86.90 Outlays from new current authority .............................. 86.93 Outlays from current balances ...................................... 21 125 48 114 48 130 87.00 146 162 178 Total outlays (gross) ................................................. Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... 181 146 190 162 190 178 Funds for the International Disaster Assistance Program provide relief, rehabilitation, and reconstruction assistance to foreign countries struck by disasters such as famines, floods, hurricanes and earthquakes, and support assistance in disaster preparedness, prevention and mitigation as well as the longer term recovery efforts managed by the Office of Transition Initiatives. It also includes assistance for rehabilitation and resettlement of displaced Kurds in Northern Iraq assisted prior to FY 1996 under ‘‘Operation Provide Comfort’’ funded by the Department of Defense. 91 New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. 42.00 Transferred from other accounts .............................. 466 3 471 473 18 ................... 43.00 Appropriation (total) ............................................. Permanent: Spending authority from offsetting collections: Offsetting collections (cash) ..................................... 469 489 473 6 6 6 Total new budget authority (gross) .......................... 475 495 479 68.00 70.00 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 177 168 166 487 532 496 –472 –520 –463 2 ................... ................... –26 –14 –12 168 166 187 86.90 86.93 86.97 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... Outlays from new permanent authority ......................... 342 124 6 362 152 6 350 107 6 87.00 Total outlays (gross) ................................................. 472 520 463 Offsets: Against gross budget authority and outlays: 88.00 Offsetting collections (cash) from: Federal sources –6 –6 –6 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 469 467 489 514 473 457 Object Classification (in millions of dollars) 1996 actual Identification code 72–1035–0–1–151 11.8 1997 est. 1998 est. 21.0 22.0 25.2 26.0 41.0 Personnel compensation: Special personal services payments ................................................................... Travel and transportation of persons ............................ Transportation of things ................................................ Other services ................................................................ Supplies and materials ................................................. Grants, subsidies, and contributions ............................ 4 1 1 15 4 141 5 1 2 20 5 202 5 1 1 17 6 160 99.9 Total obligations ........................................................ 166 235 190 OPERATING EXPENSES OF THE AGENCY FOR DEVELOPMENT These funds cover the appropriated dollar costs of managing Agency for International Development (USAID) programs, including salaries and other expenses of direct hire personnel. USAID currently maintains resident staff in more than 80 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) INTERNATIONAL Identification code 72–1000–0–1–151 For necessary expenses to carry out the provisions of section 667, ø$470,750,000: 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¿ $473,000,000, to remain available until September 30, 1999. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 72–1000–0–1–151 89.00 90.00 1996 actual 1997 est. 1998 est. 11.1 11.3 11.5 11.8 11.9 12.1 13.0 21.0 22.0 23.1 23.2 23.3 Direct obligations: Personnel compensation: Full-time permanent ............................................. Other than full-time permanent ........................... Other personnel compensation ............................. Special personal services payments .................... 1996 actual 1997 est. 1998 est. 179 6 8 37 170 5 8 38 169 5 9 37 Total personnel compensation ......................... 230 Civilian personnel benefits ....................................... 62 Benefits for former personnel ................................... 2 Travel and transportation of persons ....................... 20 Transportation of things ........................................... 11 Rental payments to GSA ........................................... 5 Rental payments to others ........................................ 28 Communications, utilities, and miscellaneous charges ................................................................. 14 Printing and reproduction ......................................... 1 Advisory and assistance services ............................. 2 Other services ............................................................ 52 Purchases of goods and services from Government accounts ................................................................ 5 Operation and maintenance of facilities .................. 7 Operation and maintenance of equipment ............... 11 Supplies and materials ............................................. 7 Equipment ................................................................. 23 Land and structures .................................................. ................... Grants, subsidies, and contributions ........................ 2 Insurance claims and indemnities ........................... 1 221 63 1 27 10 11 34 220 63 1 25 9 26 24 14 1 7 48 14 1 5 44 00.01 00.02 00.03 Obligations by program activity: Direct program ............................................................... Direct Obligations—Accrued Separation Liability TF Reimbursable program .................................................. 478 3 6 524 2 6 488 2 6 10.00 Total obligations ........................................................ 487 532 496 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 27 475 40 495 17 479 26 14 12 528 –487 549 –532 508 –496 99.0 99.0 99.5 Subtotal, direct obligations .................................. Reimbursable obligations .............................................. Below reporting threshold .............................................. 483 6 –2 525 6 1 489 6 1 40 17 12 99.9 Total obligations ........................................................ 487 532 496 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 24.0 25.1 25.2 25.3 25.4 25.7 26.0 31.0 32.0 41.0 42.0 21 21 7 6 13 13 7 6 36 8 1 ................... 2 2 1 1 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued 92 AGENCY FOR THE BUDGET FOR FISCAL YEAR 1998 10.00 INTERNATIONAL DEVELOPMENT—Continued Total obligations ........................................................ 31 34 33 8 30 8 30 4 29 General and special funds—Continued Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 22.30 Unobligated balance expiring ........................................ OPERATING EXPENSES OF THE AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued 21.40 Personnel Summary Identification code 72–1000–0–1–151 Direct: Total compensable workyears: 1001 Full-time equivalent employment .............................. 1005 Full-time equivalent of overtime and holiday hours 1011 Exempt Full-time equivalent employment ................. Reimbursable: 2001 Total compensable workyears: Full-time equivalent employment ............................................................... PAYMENT TO THE 1996 actual 1997 est. 1998 est. 3,090 13 26 2,799 13 27 2,703 13 27 3 3 3 FOREIGN SERVICE RETIREMENT FUND AND 23.90 23.95 24.40 40.00 New budget authority (gross), detail: Appropriation .................................................................. Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 39 –31 38 –34 8 30 33 –33 4 ................... 30 29 72.40 DISABILITY For payment to the Foreign Service Retirement and Disability Fund, as authorized by law, ø$43,826,000¿ $44,208,000. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 72–1036–0–1–153 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 2 ................... ................... –1 ................... ................... 12 7 12 31 34 33 –33 –29 –26 –2 ................... ................... 7 12 19 1997 est. 1998 est. 10.00 Obligations by program activity: Total obligations (object class 13.0) ............................ 44 44 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 44 –44 44 –44 44 –44 40.00 New budget authority (gross), detail: Appropriation .................................................................. 44 44 44 73.10 73.20 Change in unpaid obligations: New obligations ............................................................. Total outlays (gross) ...................................................... 44 –44 44 –44 44 –44 86.90 Outlays (gross), detail: Outlays from new current authority .............................. 44 44 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 44 44 44 44 44 44 23 10 21 8 20 6 Total outlays (gross) ................................................. 33 29 26 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 30 33 30 29 29 26 44 89.00 90.00 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 44 22.00 23.95 86.90 86.93 87.00 1996 actual The appropriation requested is to finance the 1996 installment of the unfunded liability created by the addition of the 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 667, ø$30,000,000¿ $29,047,000, to remain available until øSeptember 30, 1998¿ expended, 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 Appropriation Act, 1997.) 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. Object Classification (in millions of dollars) 1996 actual Identification code 72–1007–0–1–151 11.1 11.5 11.8 11.9 12.1 21.0 22.0 23.1 23.2 25.2 25.3 31.0 32.0 99.5 99.9 Personnel compensation: Full-time permanent .................................................. Other personnel compensation .................................. Special personal services payments ......................... Total obligations ........................................................ Obligations by program activity: 00.01 Direct program ............................................................... 31 14 1 1 31 34 33 Personnel Summary Identification code 72–1007–0–1–151 1996 actual 15 1 1 1998 est. Total personnel compensation .............................. 16 17 16 Civilian personnel benefits ............................................ 4 4 4 Travel and transportation of persons ............................ 2 2 2 Transportation of things ................................................ 1 1 ................... Rental payments to GSA ................................................ 1 1 2 Rental payments to others ............................................ 1 2 1 Other services ................................................................ 2 3 3 Purchases of goods and services from Government accounts .................................................................... 2 2 2 Equipment ...................................................................... 1 1 1 Land and structures ...................................................... ................... ................... 1 Below reporting threshold .............................................. 1 1 1 Program and Financing (in millions of dollars) Identification code 72–1007–0–1–151 14 1 1 1997 est. 1997 est. 34 1996 actual 1997 est. 1998 est. 1998 est. 33 1001 1005 Total compensable workyears: Full-time equivalent employment .................................. Full-time equivalent of overtime and holiday hours 207 1 230 1 229 1 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT Public enterprise funds: grams. 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. PROPERTY MANAGEMENT FUND Program and Financing (in millions of dollars) 1996 actual Identification code 72–4175–0–3–151 10.00 1997 est. 1998 est. Obligations by program activity: Total obligations (object class 32.0) ............................ ................... ................... Budgetary resources available for obligation: 21.40 Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 6 Balance Sheet (in millions of dollars) 2 2 4 6 2 ................... Identification code 72–4590–0–4–151 1101 23.90 23.95 24.40 Total budgetary resources available for obligation 4 6 6 New obligations ............................................................. ................... ................... –6 Unobligated balance available, end of year: Uninvested balance ................................................... 4 6 ................... New budget authority (gross), detail: 68.00 Spending authority from offsetting collections (gross): Offsetting collections (cash) ..................................... 93 ASSETS: Federal assets: Fund balances with Treasury ............................................... 1999 Total assets ........................................ NET POSITION: 3300 Cumulative results of operations ............ 1995 actual 1996 actual 1997 est. 1998 est. 2 2 1 1 2 2 1 1 2 2 1 1 3999 2 2 ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 1 ................... ................... 73.10 New obligations ............................................................. ................... ................... 6 73.20 Total outlays (gross) ...................................................... –1 ................... ................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. ................... ................... 6 Total net position ................................ 2 2 1 1 4999 Total liabilities and net position ............ 2 2 1 1 72.40 Outlays (gross), detail: 86.98 Outlays from permanent balances ................................ Offsets: Against gross budget authority and outlays: 88.40 Offsetting collections (cash) from: Non-Federal sources .................................................................. 1 ................... ................... 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 72–0402–0–1–151 1996 actual 1997 est. 1998 est. 00.02 –2 –2 ................... Obligations by program activity: Guaranty Loan Subsidy .................................................. 11 8 ................... 10.00 Total obligations (object class 41.0) ........................ 11 8 ................... Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 16 13 ................... 22.21 Unobligated balance transferred to NIS account .......... ................... –5 ................... 22.22 Unobligated balance transferred from NIS account 7 ................... ................... Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... –1 –2 ................... 21.90 This Fund, as authorized by Public Law 101–513, 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 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. 23.90 23.95 24.90 89.00 90.00 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ...................................................................... 23 –11 8 ................... –8 ................... 13 ................... ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. ................... 11 73.10 New obligations ............................................................. 11 8 73.20 Total outlays (gross) ...................................................... ................... –19 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 11 ................... 72.40 ................... ................... ................... ................... 86.93 Outlays (gross), detail: Outlays from current balances ...................................... ................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... ................... 19 ................... Intragovernmental funds: ADVANCE ACQUISITION OF PROPERTY—REVOLVING FUND 19 ................... Program and Financing (in millions of dollars) Identification code 72–4590–0–4–151 Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 24.90 Unobligated balance available, end of year: Fund balance ...................................................................... 1996 actual 1997 est. This program provides U.S. exporters with trade credit insurance to finance exports of U.S. agricultural supplies and inputs to Ukraine. 1998 est. 21.90 2 1 1 1 1 1 Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars) Identification code 72–0402–0–1–151 Net budget authority and outlays: 89.00 Budget authority ............................................................ ................... ................... ................... 90.00 Outlays ........................................................................... ................... ................... ................... A revolving fund to finance the acquisition and rehabilitation at minimal cost of U.S. Government-owned excess property for purchase by friendly countries and eligible organizations, for use in conjunction with economic development pro- Guaranteed loan levels supportable by subsidy budget authority: 2150 Loan guarantee levels ................................................... 2159 1996 actual 1997 est. 1998 est. 81 63 ................... Total loan guarantee levels ...................................... Guaranteed loan subsidy (in percent): 2320 Subsidy rate ................................................................... 81 63 ................... 13.14 13.19 ................... 2329 13.14 13.19 ................... Weighted average subsidy rate ................................. 94 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued AGENCY FOR THE BUDGET FOR FISCAL YEAR 1998 2251 2261 INTERNATIONAL DEVELOPMENT—Continued Intragovernmental funds—Continued ASSISTANCE FOR THE NEW INDEPENDENT STATES OF THE FORMER SOVIET UNION: UKRAINE EXPORT CREDIT INSURANCE PROGRAM ACCOUNT—Continued 2330 Guaranteed loan subsidy budget authority: Subsidy budget authority ............................................... 1996 actual 1997 est. 1998 est. 8 ................... Total subsidy budget authority ................................. 11 Guaranteed loan subsidy outlays: 2340 Subsidy outlays .............................................................. ................... 8 ................... 19 ................... 2349 Outstanding, end of year .......................................... 81 144 63 Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 81 144 63 Addendum: Cumulative balance of defaulted guaranteed loans that result in loans receivable: 2310 Outstanding, start of year ........................................ ................... ................... ................... 2331 Disbursements for guaranteed loan claims ............. ................... ................... 15 2361 Write-offs of loans receivable ................................... ................... ................... ................... 19 ................... Total subsidy outlays ................................................ ................... –15 2299 11 2339 –66 2290 Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)—Continued Identification code 72–0402–0–1–151 Repayments and prepayments ...................................... ................... ................... Adjustments: Terminations for default that result in loans receivable ........................................................ ................... ................... 2390 Outstanding, end of year ...................................... ................... ................... 15 Balance Sheet (in millions of dollars) 1995 actual 1996 actual .................. 1 26 12 .................. .................. .................. .................. .................. .................. 15 –15 .................. .................. .................. .................. Total assets ........................................ LIABILITIES: 2204 Non-Federal liabilities: Liabilities for loan guarantees .................................. .................. 1 26 12 .................. 1 26 12 2999 Total liabilities .................................... .................. 1 26 12 4999 Total liabilities and net position ............ .................. 1 26 12 Identification code 72–4345–0–3–151 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 72–4345–0–3–151 1996 actual 1997 est. 1998 est. Obligations by program activity: 00.01 Default claims ............................................................... ................... ................... 15 10.00 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 ...................................... 1505 Allowance for subsidy cost (–) ........... 1599 Net present value of assets related to defaulted guaranteed loans 1999 Budgetary resources available for obligation: 21.90 Unobligated balance available, start of year: Fund balance ...................................................................... ................... 22.00 New financing authority (gross) .................................... 1 23.90 23.95 24.90 68.00 73.10 73.20 87.00 1 25 26 1 Total budgetary resources available for obligation 1 26 New obligations ............................................................. ................... ................... Unobligated balance available, end of year: Fund balance ...................................................................... 1 26 27 –15 New financing authority (gross), detail: Spending authority from offsetting collections (gross): Offsetting collections (cash) ..................................... 12 DEBT REDUCTION, FINANCING ACCOUNT Program and Financing (in millions of dollars) 25 1 Change in unpaid obligations: New obligations ............................................................. ................... ................... Total financing disbursements (gross) ......................... ................... ................... Total financing disbursements (gross) ......................... ................... ................... 15 –15 15 1 Identification code 72–4137–0–3–151 1996 actual –19 ................... –1 –1 –5 ................... 88.90 –25 –1 –1 Net financing authority and financing disbursements: 89.00 Financing authority ........................................................ ................... ................... ................... 90.00 Financing disbursements ............................................... –1 –25 14 Status of Guaranteed Loans (in millions of dollars) 1996 actual 1998 est. Obligations by program activity: Payment to liquidating acct-HG and direct loans for debt restructuring ..................................................... ................... 00.02 Interest on Treasury borrowing-EAI debt ....................... 22 00.03 Interest on Treasury Borrowing-HG and direct loans ................... 35 15 2 5 12 2 52 19 00.01 Total obligations ........................................................ 22 Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 22.00 New financing authority (gross) .................................... 22.60 Redemption of debt ....................................................... 49 22 –48 21.90 23.90 23.95 24.90 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ...................................................................... 23 –22 1997 est. 1998 est. Position with respect to appropriations act limitation on commitments: 2111 Limitation on guaranteed loans made by private lenders .............................................................................. ................... ................... ................... 2131 Guaranteed loan commitments exempt from limitation 81 63 ................... New financing authority (gross), detail: Authority to borrow (indefinite)–HG and direct loans ................... Spending authority from offsetting collections: 68.00 Offsetting collections (cash) ..................................... 81 68.47 Portion applied to debt reduction ............................. –59 52 –52 20 –19 30 5 70 –48 58 –43 Total guaranteed loan commitments ........................ Guaranteed amount of guaranteed loan commitments 81 81 Cumulative balance of guaranteed loans outstanding: 2210 Outstanding, start of year ............................................. ................... 2231 Disbursements of new guaranteed loans ...................... 81 Spending authority from offsetting collections (total) ................................................................ 22 22 15 70.00 2150 2199 68.90 1 ................... 52 20 –1 ................... 1 ................... ................... 67.15 Identification code 72–4345–0–3–151 1997 est. 10.00 Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: 88.00 Federal sources ..................................................... ................... 88.25 Interest on uninvested funds ............................... ................... 88.40 Non-Federal sources ............................................. –1 Total, offsetting collections (cash) .................. 1998 est. 1101 15 Total obligations ........................................................ ................... ................... 1997 est. Total new financing authority (gross) ...................... 22 52 20 73.10 73.20 87.00 Change in unpaid obligations: New obligations ............................................................. Total financing disbursements (gross) ......................... Total financing disbursements (gross) ......................... 22 –22 22 52 –52 52 19 –19 19 63 ................... 63 ................... 81 144 63 ................... INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: Federal sources: 88.00 Federal sources-EAI reestimate ........................ –18 ................... ................... 88.00 Federal sources-HG and direct loan restructuring ........................................................... ................... –7 –3 88.25 Interest on uninvested funds-EAI debt ................ –6 –2 –2 88.40 Repayments of principal-EAI debt ........................ –57 –61 –53 95 Total, offsetting collections (cash) .................. Net financing authority and financing disbursements: 89.00 Financing authority ........................................................ 90.00 Financing disbursements ............................................... –81 –70 –59 –59 –18 –18 –58 –38 –39 99 110 105 Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: 88.25 Interest on uninvested funds ............................... 88.40 Non-Federal sources: Fees and premiums ........... –20 –79 –24 –86 –20 –85 88.90 88.90 New financing authority (gross), detail: Spending authority from offsetting collections (gross): Offsetting collections (cash) ..................................... –99 –110 –105 68.00 89.00 90.00 Total, offsetting collections (cash) .................. Net financing authority and financing disbursements: Financing authority ........................................................ ................... ................... ................... Financing disbursements ............................................... –99 –110 –105 Status of Direct Loans (in millions of dollars) 1996 actual Identification code 72–4137–0–3–151 1997 est. Status of Guaranteed Loans (in millions of dollars) 1998 est. Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. 453 Disbursements: Purchase of loans assets from a liquidating account ....................................................... ................... 1251 Repayments: Repayments and prepayments ................. –57 396 370 35 –61 5 –53 1290 370 322 1210 1233 1996 actual Identification code 72–4119–0–3–151 1997 est. 1998 est. Total guaranteed loan commitments ........................ 2,000 2,000 ................... 2210 2231 Cumulative balance of guaranteed loans outstanding: Outstanding, start of year ............................................. Disbursements of new guaranteed loans ...................... 4,813 1,751 6,564 8,564 2,000 ................... Outstanding, end of year .......................................... 6,564 8,564 8,564 2299 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. 2,000 ................... 2290 396 2,000 2150 Outstanding, end of year .......................................... Position with respect to appropriations act limitation on commitments: 2111 Limitation on guaranteed loans made by private lenders .............................................................................. Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 6,564 8,564 8,564 Balance Sheet (in millions of dollars) 1995 actual Identification code 72–4137–0–3–151 ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1106 Interest receivable—Treasury ........ Net value of assets related to post– 1991 direct loans receivable: Direct loans receivable, gross: 1401 Direct loans receivable, gross-EAI 1401 Direct loans receivable, gross-HG and direct loans ........................ Allowance for subsidy cost (–): 1405 Allowance for subsidy cost (–)– EAI .............................................. 1405 Allowance for subsidy cost (–)– HG and direct loans .................. 1996 actual 1997 est. 1998 est. 45 1 .................. .................. 2 .................. .................. .................. Balance Sheet (in millions of dollars) Identification code 72–4119–0–3–151 453 396 335 317 .................. .................. 35 5 –187 –169 –156 –146 .................. .................. –7 –3 266 227 207 313 228 207 313 228 207 173 Total liabilities .................................... 313 228 207 173 4999 Total liabilities and net position ............ 313 228 207 173 1997 est. 1998 est. 242 341 463 463 173 2999 ASSETS: Federal assets: Fund balances with Treasury ............................................... 1996 actual 173 Total assets ........................................ LIABILITIES: 2103 Federal liabilities: Debt-EAI .................... 1101 1995 actual 1499 Net present value of assets related to direct loans ........................... 1999 LOAN GUARANTEE TO Program and Financing (in millions of dollars) Identification code 72–4119–0–3–151 Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 22.00 New financing authority (gross) .................................... 1996 actual 1997 est. 1998 est. 21.90 23.90 23.95 24.90 242 99 341 110 451 105 Total budgetary resources available for obligation 341 451 556 New obligations ............................................................. ................... ................... ................... Unobligated balance available, end of year: Fund balance ...................................................................... 341 451 556 Total assets ........................................ LIABILITIES: 2204 Non-Federal liabilities: Estimated Federal liability for loan guarantees, credit reform ....................................... 242 341 463 463 242 341 463 463 2999 ISRAEL FINANCING ACCOUNT 1999 242 341 463 463 Total liabilities .................................... øHOUSING GUARANTY¿ URBAN AND ENVIRONMENTAL CREDIT PROGRAM ACCOUNT 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, ø$3,500,000¿ including the cost of guaranteed loans designed to promote the urban and environmental policies and objectives of part I of such Act, $3,000,000, to remain available until øSeptember 30, 1998¿ 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, $6,000,000, to remain available until expended, 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, 1997.) 96 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued AGENCY FOR THE BUDGET FOR FISCAL YEAR 1998 INTERNATIONAL DEVELOPMENT—Continued Intragovernmental funds—Continued øHOUSING GUARANTY¿ URBAN AND ENVIRONMENTAL CREDIT PROGRAM ACCOUNT—Continued Unavailable Collections (in millions of dollars) Identification code 72–0401–0–1–151 1996 actual 1997 est. 1998 est. Balance, start of year: 01.99 Balance, start of year .................................................... ................... 9 9 Receipts: 02.01 AID-housing guarantees, Downward reestimates of subsidies ................................................................... 9 ................... ................... 04.00 07.99 Total: Balances and collections .................................... Total balance, end of year ............................................ 9 9 9 9 9 9 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 agreed with 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) Program and Financing (in millions of dollars) 1996 actual Identification code 72–0401–0–1–151 Identification code 72–0401–0–1–151 Obligations by program activity: 00.02 Guaranteed loan subsidy ............................................... 00.09 Administrative expenses ................................................ 1996 actual 1997 est. 1998 est. 11.1 4 7 4 6 3 6 10.00 Total obligations ........................................................ 11 10 9 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 11 –11 10 –10 9 –9 40.00 New budget authority (gross), detail: Appropriation .................................................................. 11 10 11.9 25.3 Personnel compensation: Full-time permanent .................................................. Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 38 10 –21 29 9 –17 38 29 3 3 2 3 3 2 41.0 99.5 1 6 1 1 5 1 1 5 1 99.9 Total obligations ........................................................ 11 10 9 Personnel Summary Identification code 72–0401–0–1–151 47 11 –20 1998 est. Total personnel compensation .............................. Purchases of goods and services from Government accounts .................................................................... Grants, subsidies, and contributions ............................ Below reporting threshold .............................................. 9 72.40 1997 est. 1001 Total compensable workyears: Full-time equivalent employment ............................................................... 1996 actual 1997 est. 1998 est. 23 Outlays (gross), detail: 86.90 Outlays from new current authority .............................. 86.93 Outlays from current balances ...................................... 4 16 5 16 5 12 87.00 20 21 25 26 26 øHOUSING AND OTHER CREDIT GUARANTY PROGRAMS¿ URBAN AND ENVIRONMENTAL CREDIT PROGRAM GUARANTEED LOAN FINANCING ACCOUNT 17 Program and Financing (in millions of dollars) Total outlays (gross) ................................................. Identification code 72–4344–0–3–151 Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... 11 20 10 21 9 17 1996 actual 1997 est. 1998 est. Identification code 72–0401–0–1–151 1996 actual 1997 est. Obligations by program activity: Payment of downward reestimate to receipt account 10 ................... ................... 10.00 Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars) 00.02 Total obligations (object class 24.4) ........................ 10 ................... ................... Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 22.00 New financing authority (gross) .................................... 21.90 1998 est. Guaranteed loan levels supportable by subsidy budget authority: 2150 Loan guarantee levels ................................................... 82 46 46 2159 Total loan guarantee levels ...................................... Guaranteed loan subsidy (in percent): 2320 Subsidy rate ................................................................... 82 46 46 9.87 7.61 6.52 2329 9.87 7.61 6.52 4 4 3 23.90 23.95 24.90 Weighted average subsidy rate ................................. Guaranteed loan subsidy budget authority: 2330 Subsidy budget authority ............................................... 2339 Total subsidy budget authority ................................. Guaranteed loan subsidy outlays: 2340 Subsidy outlays .............................................................. 4 4 3 15 15 11 2349 15 15 11 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 68.00 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ...................................................................... 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: Obligated balance ..................................................... 73.10 New obligations ............................................................. 73.20 Total financing disbursements (gross) ......................... 74.90 Unpaid obligations, end of year: Obligated balance: Obligated balance ..................................................... 87.00 Total financing disbursements (gross) ......................... 67 17 74 15 89 10 84 89 99 –10 ................... ................... 74 89 99 17 15 10 72.90 Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: 88.00 Federal sources: Payments from program account ................................................................. 2 2 2 10 ................... ................... –10 ................... ................... 2 2 2 10 ................... ................... –12 –13 –5 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT 88.25 88.40 Interest on uninvested funds ............................... Non-Federal sources: Fees and premiums ........... –3 –2 –1 –1 –3 –2 88.90 Total, offsetting collections (cash) .................. –17 –15 –10 89.00 90.00 Net financing authority and financing disbursements: Financing authority ........................................................ ................... ................... ................... Financing disbursements ............................................... –7 –15 –10 Status of Guaranteed Loans (in millions of dollars) 1996 actual Identification code 72–4344–0–3–151 1997 est. 1998 est. Position with respect to appropriations act limitation on commitments: 2111 Limitation on guaranteed loans made by private lenders .............................................................................. ................... ................... ................... 2131 Guaranteed loan commitments exempt from limitation 82 42 46 2150 Total guaranteed loan commitments ........................ 82 42 46 2210 2231 Cumulative balance of guaranteed loans outstanding: Outstanding, start of year ............................................. Disbursements of new guaranteed loans ...................... 179 60 239 75 314 50 2290 Outstanding, end of year .......................................... 239 314 23.90 23.95 24.47 78 –55 68.90 28 44 51 36 23 –25 New budget authority (gross), detail: Appropriation (indefinite) ............................................... 23 Spending authority from offsetting collections: Offsetting collections (cash): 68.00 Offsetting collections (cash) ................................ 56 68.00 Offsetting collections (Debt Reduction) ............... ................... 68.47 Portion applied to debt reduction ............................. –15 87 –59 23 60.05 33 5 –25 Spending authority from offsetting collections (total) ................................................................ 41 34 13 Total new budget authority (gross) .......................... 64 78 64 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Fund balance ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.90 Unpaid obligations, end of year: Obligated balance: Fund balance ............................................................. 6 64 –65 5 55 –56 4 59 –60 5 4 3 70.00 72.90 364 86.97 86.98 239 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. Balance Sheet (in millions of dollars) 1995 actual 1996 actual 1997 est. 64 1 55 1 59 1 87.00 Total outlays (gross) ................................................. 65 56 60 Offsets: Against gross budget authority and outlays: Offsetting collections (cash) from: Federal sources: 88.00 Federal sources ................................................ –5 88.00 Federal sources—Debt Reduction ................... ................... Non-Federal sources: 88.40 Recoveries of claims ........................................ –20 88.40 Fees .................................................................. –6 88.40 Interest & late pmt. collections ....................... –25 –6 –23 –6 –5 –12 –9 –9 –9 –9 –9 88.90 314 ................... Outlays (gross), detail: Outlays from new permanent authority ......................... Outlays from permanent balances ................................ Total, offsetting collections (cash) .................. –56 –59 –38 89.00 90.00 Memorandum: 2299 Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ Identification code 72–4344–0–3–151 Total budgetary resources available for obligation 64 New obligations ............................................................. –64 Unobligated balance available, end of year: Authority to borrow—Debt Reduction ...................................... ................... 97 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 8 10 19 –3 26 22 1998 est. ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1106 Accounts receivable from program accounts ..................................... 28 35 60 60 43 36 31 31 1999 71 71 91 91 Status of Guaranteed Loans (in millions of dollars) Identification code 72–4340–0–3–151 Total assets ........................................ LIABILITIES: 2204 Non-Federal liabilities: Estimated Federal liability for loan guarantees, credit reform ....................................... 28 35 60 60 2999 60 Cumulative balance of guaranteed loans outstanding: 2210 Outstanding, start of year ............................................. 2231 Disbursements of new guaranteed loans ...................... 2251 Repayments and prepayments ...................................... 2261 Adjustments: Terminations for default that result in loans receivable ........................................................ 2290 2299 Total liabilities .................................... NET POSITION: 3100 Appropriated capital ................................ 28 35 60 43 36 31 31 3999 Total net position ................................ 43 36 31 31 4999 Total liabilities and net position ............ 71 71 91 91 HOUSING AND OTHER CREDIT GUARANTY PROGRAMS LIQUIDATING ACCOUNT Program and Financing (in millions of dollars) Identification code 72–4340–0–3–151 1996 actual 1997 est. 1998 est. Obligations by program activity: 00.04 Claim payments ............................................................. 00.05 Interest on borrowing ..................................................... 53 11 43 12 49 10 10.00 64 55 59 Budgetary resources available for obligation: 21.47 Unobligated balance available, start of year: Authority to borrow—Debt Reduction ...................................... ................... ................... 22.00 New budget authority (gross) ........................................ 64 78 23 64 Total obligations ........................................................ 1996 actual 1998 est. 2,014 2 –44 1,950 33 –88 1,875 2 –85 –22 –20 –24 Outstanding, end of year .......................................... 1,950 1,875 1,768 Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 1,950 1,875 1,768 466 58 440 80 –12 –9 –23 –49 –5 –28 440 478 Addendum: Cumulative balance of defaulted guaranteed loans that result in loans receivable: 2310 Outstanding, start of year ........................................ 442 2331 Disbursements for guaranteed loan claims ............. 53 Repayments of loans receivable: 2351 Repayments of loans receivable ........................... –24 2351 Repayments of loans receivable—Debt Reduction ................................................................... ................... 2361 Write-offs of loans receivable ................................... –5 2390 1997 est. Outstanding, end of year ...................................... 466 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. INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued 98 AGENCY FOR THE BUDGET FOR FISCAL YEAR 1998 INTERNATIONAL DEVELOPMENT—Continued Intragovernmental funds—Continued HOUSING AND OTHER CREDIT GUARANTY PROGRAMS LIQUIDATING ACCOUNT—Continued All new activity in this program in 1992 and beyond is recorded in corresponding program and financing accounts. Statement of Operations (in millions of dollars) Identification code 72–4340–0–3–151 1995 actual 1996 actual 1997 est. 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, $500,000, 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 30, ø1998¿ 1999. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) 1998 est. 0111 0112 Revenue ................................................... Expense .................................................... 59 –178 20 –21 22 –24 20 –20 0119 Net income or loss (–) ............................ –119 –1 –2 .................. 0199 Net income or loss .................................. –119 –1 –2 .................. Program and Financing (in millions of dollars) Identification code 72–0400–0–1–151 00.01 00.09 1996 actual 1997 est. 1998 est. Obligations by program activity: Guaranty loan subsidy—microenterprise credits .......... 1 1 Administrative expenses ................................................ ................... ................... 10.00 Total obligations ........................................................ 22.00 23.95 24.40 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 1 1 1 1 2 2 –1 2 –1 2 –2 Balance Sheet (in millions of dollars) Identification code 72–4340–0–3–151 ASSETS: 1101 Federal assets: Fund balances with Treasury ............................................... 1206 Non-Federal assets: Receivables, net ..... Net value of assets related to pre–1992 direct loans receivable and acquired defaulted guaranteed loans receivable: Defaulted guaranteed loans, gross: 1701 Defaulted guaranteed loans, gross 1701 Defaulted guaranteed loans, gross—Debt Reduction ............. 1703 Allowance for estimated uncollectible loans and interest (–) .................... 1704 Defaulted guaranteed loans and interest receivable, net ..................... 1799 1803 Value of assets related to loan guarantees ................................. Other Federal assets: Property, plant and equipment, net ............................ 1999 Total assets ........................................ LIABILITIES: Federal liabilities: 2102 Interest payable .................................. 2103 Debt ..................................................... 2105 Other ................................................... Non-Federal liabilities: 2201 Accounts payable ................................ 2204 Liabilities for loan guarantees ........... 2999 Total liabilities .................................... NET POSITION: 3100 Appropriated capital ................................ Cumulative results of operations: 3300 Cumulative results of operations ....... 3300 Cumulative results of operations— Debt Reduction ............................... 1995 actual 1996 actual 1997 est. 1998 est. 6 1 4 .................. 5 .................. 5 .................. 1 1 ................... 2 2 2 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. ................... 73.10 New obligations ............................................................. 1 73.20 Total outlays (gross) ...................................................... –1 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1 1 1 –2 1 2 –2 1 1 1 1 1 1 40.00 New budget authority (gross), detail: Appropriation .................................................................. 72.40 442 476 499 499 .................. .................. –72 –105 –403 –453 –319 –304 39 23 108 90 86.90 86.93 39 23 108 90 .................. .................. .................. .................. 46 27 113 95 5 125 .................. 5 110 5 4 85 3 4 85 3 15 686 .................. 654 .................. 670 .................. 670 831 774 762 762 159 182 205 205 –944 –929 –782 –767 .................. .................. –72 –105 Outlays (gross), detail: Outlays from new current authority .............................. 1 Outlays from current balances ...................................... ................... 87.00 3999 Total net position ................................ –785 –747 –649 –667 4999 Total liabilities and net position ............ 46 27 113 Total outlays (gross) ................................................. 1 2 2 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 2 1 2 2 2 2 The Microenterprise and Small Enterprise Development Credit 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; the administrative expenses are estimated on a cash basis. Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars) 95 Identification code 72–0400–0–1–151 Object Classification (in millions of dollars) Identification code 72–4340–0–3–151 1996 actual 1997 est. 1998 est. 33.0 43.0 99.0 Investments and loans .................................................. Interest and dividends ................................................... Subtotal, reimbursable obligations ............................... 53 11 64 43 12 55 49 10 59 99.9 Total obligations ........................................................ 64 55 59 AND SMALL ENTERPRISE DEVELOPMENT PROGRAM ACCOUNT For the cost of direct loans and loan guarantees, $1,500,000, 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 1997 est. 1998 est. Guaranteed loan levels supportable by subsidy budget authority: 2150 Loan guarantee levels ................................................... 39 39 48 2159 39 39 48 3.18 3.18 3.18 2 2 2 Total subsidy budget authority ................................. Guaranteed loan subsidy outlays: 2340 Subsidy outlays .............................................................. 2 2 2 1 1 2 2349 Total subsidy outlays ................................................ 1 1 2 3510 Administrative expense data: Budget authority ............................................................ 1 1 1 Total loan guarantee levels ...................................... Guaranteed loan subsidy (in percent): 2320 Subsidy rate ................................................................... Guaranteed loan subsidy budget authority: 2330 Subsidy budget authority ............................................... 2339 MICRO 1996 actual INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT 1999 Total assets ........................................ LIABILITIES: 2201 Non-Federal liabilities: Accounts payable 1996 actual 41.0 99.5 99.9 1997 est. 1998 est. Direct obligations: Grants, subsidies, and contributions ........................................................................... 1 1 Below reporting threshold .............................................. ................... ................... Total obligations ........................................................ 1 1 2 2 3 1 2 2 3 2999 Object Classification (in millions of dollars) Identification code 72–0400–0–1–151 99 1 2 2 3 Total liabilities .................................... 1 1 1 2 MICROENTERPRISE AND SMALL ENTERPRISE DEVELOPMENT GUARANTEED LOAN FINANCING ACCOUNT MICROENTERPRISE AND SMALL ENTERPRISE DEVELOPMENT CREDIT DIRECT LOAN FINANCING ACCOUNT Program and Financing (in millions of dollars) 1996 actual Identification code 72–4342–0–3–151 1996 actual Identification code 72–4343–0–3–151 Program and Financing (in millions of dollars) 1997 est. 1998 est. Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 24.90 Unobligated balance available, end of year: Fund balance ...................................................................... 1997 est. 1998 est. 21.90 00.01 Obligations by program activity: Direct loans .................................................................... 1 ................... 1 10.00 Total obligations ........................................................ 1 ................... Budgetary resources available for obligation: New financing authority (gross) .................................... New obligations ............................................................. 1 ................... –1 ................... 1 –1 67.15 New financing authority (gross), detail: Authority to borrow (indefinite) ..................................... 1 ................... 1 ................... 1 1 1 1 1 1 1 1 22.00 23.95 1 89.00 90.00 Net financing authority and financing disbursements: Financing authority ........................................................ ................... ................... ................... Financing disbursements ............................................... ................... ................... ................... Status of Guaranteed Loans (in millions of dollars) 1996 actual Identification code 72–4343–0–3–151 Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. ................... 1 ................... 73.10 New obligations ............................................................. 1 ................... 1 73.20 Total financing disbursements (gross) ......................... –1 ................... –1 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1 ................... ................... 87.00 Total financing disbursements (gross) ......................... 1 ................... 1 1997 est. 1998 est. 96 2210 2231 Cumulative balance of guaranteed loans outstanding: Outstanding, start of year ............................................. Disbursements of new guaranteed loans ...................... 24 2 26 30 4 ................... 2290 Net financing authority and financing disbursements: Financing authority ........................................................ 1 ................... Financing disbursements ............................................... ................... ................... 96 Outstanding, end of year .......................................... 26 30 30 2299 89.00 90.00 Position with respect to appropriations act limitation on commitments: 2131 Guaranteed loan commitments exempt from limitation Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 13 13 15 1 1 96 Status of Direct Loans (in millions of dollars) 1996 actual Identification code 72–4342–0–3–151 Position with respect to appropriations act limitation on obligations: 1131 Direct loan obligations exempt from limitation ............ 1210 1231 1 Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. Disbursements: Direct loan disbursements ................... 1290 1997 est. Outstanding, end of year .......................................... 1998 est. 1 ................... 1 2 1 ................... 2 1 2 3 2 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) 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. ASSETS: Net value of assets related to post– 1991 direct loans receivable: 1401 Direct loans receivable, gross ............ 1499 Net present value of assets related to direct loans ........................... 1995 actual 1996 actual 1997 est. 1998 est. ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1106 Accounts receivable from program account ...................................... 2 2 2 2 2 .................. .................. .................. 1999 1996 actual 1997 est. 1998 est. 1 2 2 3 1 2 2 3 4 2 2 2 2 1 1 1 Total liabilities .................................... NET POSITION: 3100 Appropriated capital ................................ 1995 actual Total assets ........................................ LIABILITIES: 2204 Non-Federal liabilities: Estimated Federal liability for loan guarantees, credit reform ....................................... 2999 Balance Sheet (in millions of dollars) Identification code 72–4342–0–3–151 Identification code 72–4343–0–3–151 2 1 1 1 2 1 1 2 3999 Total net position ................................ 2 1 1 2 4999 Total liabilities and net position ............ 4 2 2 3 100 INTERNATIONAL DEVELOPMENT ASSISTANCE—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 FOR 2204 .................. 1 1 1 2999 INTERNATIONAL DEVELOPMENT—Continued Non-Federal liabilities: Liabilities for loan guarantees .................................. Total liabilities .................................... 2 1 1 1 4999 AGENCY Total liabilities and net position ............ 2 1 1 1 Intragovernmental funds—Continued PRIVATE SECTOR REVOLVING FUND LIQUIDATING ACCOUNT Program and Financing (in millions of dollars) 1996 actual Identification code 72–4341–0–3–151 1997 est. 1998 est. ECONOMIC ASSISTANCE LOANS—LIQUIDATING ACCOUNT Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... ................... 22.00 New budget authority (gross) ........................................ 3 22.40 Capital transfer to general fund ................................... ................... 21.40 23.90 24.40 Total budgetary resources available for obligation Unobligated balance available, end of year: Uninvested balance ................................................... 3 1 4 1 3 3 2 ................... 2 ................... 2 1 1 –1 ................... ................... 1 Outlays (gross), detail: 86.98 Outlays from permanent balances ................................ Offsets: Against gross budget authority and outlays: 88.40 Offsetting collections (cash) from: Non-Federal sources .................................................................. 3 4 New budget authority (gross), detail: 68.00 Spending authority from offsetting collections (gross): Offsetting collections (cash) ..................................... Change in unpaid obligations: 72.90 Unpaid obligations, start of year: Obligated balance: Fund balance ............................................................. 73.20 Total outlays (gross) ...................................................... 74.90 Unpaid obligations, end of year: Obligated balance: Fund balance ............................................................. 4 4 2 ................... –3 –3 1 1 1 ................... ................... –3 –2 ................... 1996 actual Cumulative balance of guaranteed loans outstanding: 2210 Outstanding, start of year ............................................. 2264 Adjustments: Other adjustments, net ........................... 19 –3 2290 Outstanding, end of year .......................................... 2299 Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 1997 est. 16 1999 Net value of assets related to post– 1991 acquired defaulted guaranteed loans receivable: Net present value of assets related to defaulted guaranteed loans ............... Total assets ........................................ LIABILITIES: 2101 Federal liabilities: Accounts payable ...... 23.90 903 837 –891 –837 –12 ................... Total budgetary resources available for obligation ................... ................... ................... New budget authority (gross), detail: Spending authority from offsetting collections: Offsetting collections (cash): 68.00 Offsetting collections (cash) ................................ 882 68.00 Offsetting collections (cash)—Debt Reduction ... ................... 68.90 1998 est. 891 837 12 ................... Spending authority from offsetting collections (total) ................................................................ 882 903 837 Total new budget authority (gross) .......................... 882 903 837 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Fund balance ............................................................. 73.20 Total outlays (gross) ...................................................... 74.90 Unpaid obligations, end of year: Obligated balance: Fund balance ............................................................. 13 –3 70.00 1995 actual 1996 actual 2 3 –577 –260 88.90 –903 –837 2 2 89.00 90.00 1998 est. 1 6 4 4 1997 est. 6 –607 –284 16 4 –12 ................... 8 Outlays (gross), detail: Outlays from new permanent authority ......................... 10 –12 ................... 1998 est. 1 86.97 10 6 –4 ................... Offsets: Against gross budget authority and outlays: Offsetting collections (cash) from: 88.00 Federal sources—Debt Reduction ........................ ................... Non-Federal sources: 88.40 Principal Repayments ....................................... –558 88.40 Interest Collections ........................................... –324 Balance Sheet (in millions of dollars) 1599 Budgetary resources available for obligation: New budget authority (gross) ........................................ 882 Capital transfer to general fund: 22.40 Capital transfer to general fund .............................. –882 22.40 Capital transfer to general fund—Debt Reduction ................... 22.00 1997 est. 4 ................... As required by the Federal Credit Reform Act of 1990, this account records, for the private sector revolving fund, 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. ASSETS: 1101 Federal assets: Fund balances with Treasury ............................................... 1996 actual 3 Status of Guaranteed Loans (in millions of dollars) Identification code 72–4341–0–3–151 Identification code 72–4103–0–3–151 72.90 Net budget authority and outlays: 89.00 Budget authority ............................................................ ................... ................... ................... 90.00 Outlays ........................................................................... –1 –2 ................... Identification code 72–4341–0–3–151 Program and Financing (in millions of dollars) Total, offsetting collections (cash) .................. –882 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... –879 –899 –837 Status of Direct Loans (in millions of dollars) Identification code 72–4103–0–3–151 1996 actual 1997 est. 1998 est. Cumulative balance of direct loans outstanding: 1210 Outstanding, start of year ............................................. 13,278 12,649 11,977 1231 Disbursements: Direct loan disbursements ................... 3 4 ................... Repayments: Repayments and prepayments: 1251 Repayments and prepayments ............................. –558 –607 –577 1251 Repayments and prepayments—Debt Reduction ................... –12 ................... Write-offs for default: Other adjustments, net: 1264 Other adjustments, net ......................................... –74 ................... ................... 1264 Other adjustments, net—Debt Reduction ............ ................... –57 ................... 1290 Outstanding, end of year .......................................... 12,649 11,977 11,400 1 Shows consolidation of amounts outstanding from the Economic Support Fund, Functional Development Assistance Program, and the Development Loans Revolving Fund. .................. 2 2 2 2 3 1 1 2 .................. .................. .................. The Economic Assistance Loans account consolidates liquidating credit activity from four previous accounts: Economic Support Fund, Functional Development Assistance Program, and the Development Loans Revolving Fund. This was done to simplify presentation. OVERSEAS PRIVATE INVESTMENT CORPORATION Federal Funds FUNDS APPROPRIATED TO THE PRESIDENT Trust Funds 101 Balance Sheet (in millions of dollars) FOREIGN SERVICE NATIONAL SEPARATION LIABILITY TRUST FUND 1996 actual 1997 est. 1996 actual 4 3 3 3 1999 Program and Financing (in millions of dollars) Identification code 72–8342–0–7–602 1995 actual ASSETS: 1101 Federal assets: Fund balances with Treasury ............................................... 3 Identification code 72–9971–0–7–151 1998 est. 1997 est. 1998 est. 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 3 2 –3 2 2 –2 2 2 –2 Total assets ........................................ LIABILITIES: 2202 Non-Federal liabilities: Interest payable 4 3 3 1 1 1 1 2999 Obligations by program activity: 10.00 Total obligations (object class 12.1) ............................ 1 1 1 1 3 3 3 3 Total liabilities .................................... NET POSITION: 3300 Cumulative results of operations ............ 3999 New budget authority (gross), detail: 60.27 Appropriation (trust fund, indefinite) ............................ Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 2 2 6 2 –1 5 6 2 1 3 3 3 4 4 4 4 5 2 –1 6 3 Total liabilities and net position ............ 2 7 3 –2 Total net position ................................ 4999 1 OVERSEAS PRIVATE INVESTMENT CORPORATION 72.40 86.97 89.00 90.00 Outlays (gross), detail: Outlays from new permanent authority ......................... Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... Federal Funds Public enterprise funds: OVERSEAS PRIVATE INVESTMENT CORPORATION 2 2 2 ................... 1 1 This Fund is maintained to pay separation costs for Foreign Service National employees of the Agency for International Development in those countries in which such pay is legally required. The Fund, as authorized by Public Law 102–138, is maintained by annual Government contributions which are appropriated in several Agency accounts. MISCELLANEOUS TRUST FUNDS, AID 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 $35,000) shall not exceed $32,000,000: 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, 1997.) Unavailable Collections (in millions of dollars) Program and Financing (in millions of dollars) Identification code 72–9971–0–7–151 1996 actual Obligations by program activity: 10.00 Total obligations (object class 99.5) ............................ ................... 1997 est. Identification code 71–4184–0–3–151 1998 est. 1996 actual 1997 est. 1998 est. 01.99 2 ................... Budgetary resources available for obligation: Unobligated balance available, start of year: Treasury balance ...................................................................... 2 2 ................... 23.95 New obligations ............................................................. ................... –2 ................... 24.40 Unobligated balance available, end of year: Uninvested balance ................................................... 2 ................... ................... Balance, start of year: Balance, start of year .................................................... 1,963 2,142 2,345 03.00 04.00 07.99 Offsetting Collections .................................................... Total: Balances and collections .................................... Total balance, end of year ............................................ 179 2,142 2,142 203 2,345 2,345 158 2,503 2,503 21.40 These balances are reserves held for potential claims and are not expected to be obligated. Program and Financing (in millions of dollars) Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 1 73.10 New obligations ............................................................. ................... 73.20 Total outlays (gross) ...................................................... –1 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 1 Identification code 71–4184–0–3–151 1 1 2 ................... –1 –1 1996 actual 1997 est. 1998 est. 1 1 1 Obligations by program activity: Noncredit administrative expense ................................. Insurance claim payments/provisions ........................... Credit administration expenses ..................................... 13 27 16 13 30 19 13 35 19 10.00 Outlays (gross), detail: 86.98 Outlays from permanent balances ................................ 1 ................... 00.01 00.02 00.03 Total obligations ........................................................ 56 62 67 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.10 Resources available from recoveries of prior year obligations ....................................................................... 21 56 20 62 21 67 1 1 1 78 –56 83 –62 89 –67 20 21 22 21.40 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... 1 1 1 Funds advanced by foreign countries are used to pay for procurement in the United States of nonmilitary materials or services for programs in those countries in accordance with bilateral agreements. 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 102 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 0799 Public enterprise funds—Continued Total balance, end of year ........................................ 2,250 2,468 2,634 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued NONCREDIT ACCOUNT—Continued INSURANCE PROGRAM ACTIVITY Program and Financing (in millions of dollars)—Continued [In millions of dollars] 1995 actual Identification code 71–4184–0–3–151 New budget authority (gross), detail: Current: 41.00 Transferred to other accounts ................................... Permanent: Spending authority from offsetting collections: 68.00 Offsetting collections (cash) ................................ 68.10 Change in orders on hand from Federal sources 68.45 Portion not expected to be obligated ................... 68.90 1996 actual –16 1997 est. –19 1998 est. 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 ................. 1996 actual 16,177 8,605 21,297 16,584 1997 est. 31,395 8,700 1998 est. 33,378 10,300 ¥3,485 ¥6,486 ¥6,358 ¥6,832 21,297 5,120 31.65% 31,395 10,098 47.42% 33,738 2,342 7.46% 37,206 3,468 10.28% –79 235 284 304 16 ................... ................... –179 –203 –158 STATUS OF INSURANCE AUTHORITY Spending authority from offsetting collections (total) ........................................................... 72 81 146 Total new budget authority (gross) .......................... 56 62 67 [In millions of dollars] 70.00 Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. Unpaid obligations, end of year: 74.40 Obligated balance: Appropriation ............................. 74.95 Orders on hand from Federal sources ...................... 74.99 Total unpaid obligations, end of year .................. 81 56 –34 –1 88 62 –49 –1 100 67 –59 –1 88 100 108 16 ................... ................... 104 100 40 9 44 15 87.00 34 49 59 Offsets: Against gross budget authority and outlays: Offsetting collections (cash) from: 88.00 Federal sources ..................................................... ................... 88.20 Interest on U.S. securities .................................... –154 88.40 Non-Federal sources ............................................. –81 88.90 88.95 Total, offsetting collections (cash) .................. Change in orders on hand from Federal sources ......... Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... –19 –170 –95 –19 –181 –104 –235 –284 –304 –16 ................... ................... –195 –203 –222 –235 –237 –245 The Overseas Private Investment Corporation encourages the participation of United States private 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 political violence damage. Status of Funds (in millions of dollars) Identification code 71–4184–0–3–151 2A 13,500 13,386 1997 est. 1 23,000 1998 est. 16,734 (2) 18,454 7,880 6,413 9,784 10,790 new statutory limitation will be proposed in OPIC’s reauthorization. Balance Sheet (in millions of dollars) 1995 actual Identification code 71–4184–0–3–151 10 24 1996 actual 13,500 11,501 1 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. 108 Outlays (gross), detail: 86.97 Outlays from new permanent authority ......................... 86.98 Outlays from permanent balances ................................ Total outlays (gross) ................................................. 1995 actual Statutory authority limitation ............................... Maximum contingent liability, end of year .......... Estimated potential exposure to claims, end of year ................................................................... ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1102 Treasury securities, par .................. 1106 Receivables, net ............................. 1206 Non-Federal assets: Receivables, net ..... 1803 Other Federal assets: Property, plant and equipment, net ............................ 1999 Total assets ........................................ LIABILITIES: 2101 Federal liabilities: Accounts payable ...... Non-Federal liabilities: 2201 Accounts payable ................................ 2207 Other ................................................... 2999 Total liabilities .................................... NET POSITION: 3300 Cumulative results of operations ............ 1996 actual 1997 est. 1998 est. 18 36 20 20 2,201 44 14 2,396 44 9 2,500 44 14 2,650 44 15 9 12 14 15 2,286 2,497 2,592 2,744 3 .................. .................. .................. 55 84 56 108 58 130 60 155 142 164 188 215 2,144 2,333 2,404 2,529 3999 Total net position ................................ 2,144 2,333 2,404 2,529 4999 Total liabilities and net position ............ 2,286 2,497 2,592 2,744 Object Classification (in millions of dollars) 1996 actual Identification code 71–4184–0–3–151 1997 est. 1998 est. 1997 est. 1998 est. Unexpended balance, start of year: Treasury balance ............................................................ U.S. Securities: 0101 Par value ................................................................... 0102 Unrealized discounts ................................................. 20 20 20 2,065 –20 2,252 –22 2,468 –20 0199 2,065 2,250 2,468 235 284 –49 –19 20 2,468 –20 2,634 –20 16 27 56 19 30 62 19 35 67 Total obligations ........................................................ 56 62 67 20 2,252 –22 6 2 1 2 2 –59 –79 20 5 2 1 2 3 304 –34 –16 5 2 1 2 3 42.0 99.0 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 ................................ Subtotal, reimbursable obligations ............................... 99.9 1996 actual 11.1 12.1 21.0 23.2 25.2 25.3 0100 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 .......................................................................... 0645 Balance transferred, net ................................................ Unexpended balance, end of year: 0700 Treasury balance ............................................................ U.S. Securities: 0701 Par value ................................................................... 0702 Unrealized discounts ................................................. Personnel Summary Identification code 71–4184–0–3–151 2001 2005 Total compensable workyears: Full-time equivalent employment .................................. Full-time equivalent of overtime and holiday hours 1996 actual 71 1 1997 est. 80 1 1998 est. 80 1 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT Credit accounts: OVERSEAS PRIVATE INVESTMENT CORPORATION PROGRAM ACCOUNT For the cost of direct and guaranteed loans, ø$72,000,000¿ $60,000,000, 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 ø1997 and¿ 1998 and 1999: Provided further, That such sums shall remain available through fiscal year ø2005¿ 2006 for the disbursement of direct and guaranteed loans obligated in fiscal year 1998 ø1997¿, and through fiscal year ø2006¿ 2007 for the disbursement of direct and guaranteed loans obligated in fiscal year 1999 ø1998: Provided further, That section 235(a)(3) of the Foreign Assistance Act of 1961 (22 U.S.C. 2195(a)(3)) is amended by striking out ‘‘1996’’ and inserting in lieu thereof ‘‘1997’’ and, notwithstanding section 235(a)(1) of the Foreign Assistance Act of 1961 (22 U.S.C. 2195(a)(1)), the maximum contingent liability of issuing authority for insurance and financing shall not in the aggregate exceed the amounts provided in section 235(a)(1) and (2) of that Act¿. 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, 1997.) Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars) 1996 actual Identification code 71–0100–0–1–151 1997 est. 1998 est. Direct loan levels supportable by subsidy budget authority: 1150 Direct loan levels ........................................................... 133 133 133 1159 Total direct loan levels ............................................. Direct loan subsidy (in percent): 1320 Subsidy rate ................................................................... 133 133 133 3.00 3.00 3.00 1329 3.00 3.00 3.00 4 4 4 Total subsidy budget authority ................................. Direct loan subsidy outlays: 1340 Subsidy outlays .............................................................. 4 4 4 1 4 4 1349 Total subsidy outlays ................................................ 1 4 4 Guaranteed loan levels supportable by subsidy budget authority: 2150 Loan guarantee levels ................................................... 2,250 2,250 1,800 2159 2,250 2,250 1,800 3.00 3.00 3.00 3.00 3.00 3.00 Weighted average subsidy rate ................................. Direct loan subsidy budget authority: 1330 Subsidy budget authority ............................................... 1339 Total loan guarantee levels ...................................... Guaranteed loan subsidy (in percent): 2320 Subsidy rate ................................................................... 2329 Weighted average subsidy rate ................................. Guaranteed loan subsidy budget authority: 2330 Subsidy budget authority ............................................... 1996 actual 68 68 56 Total subsidy budget authority ................................. Guaranteed loan subsidy outlays: 2340 Subsidy outlays .............................................................. 68 68 56 22 46 58 2349 Program and Financing (in millions of dollars) Identification code 71–0100–0–1–151 103 Total subsidy outlays ................................................ 22 46 58 3510 3590 Administrative expense data: Budget authority ............................................................ Outlays ........................................................................... 16 3 19 35 19 19 2339 1997 est. 1998 est. 00.01 00.02 00.03 Obligations by program activity: Direct loan subsidy ........................................................ Guaranteed loan subsidy ............................................... Credit administrative expenses ..................................... 2 66 16 4 60 19 4 68 19 10.00 Total obligations ........................................................ 84 83 91 40.00 42.00 New budget authority (gross), detail: Appropriation .................................................................. Transferred from other accounts ................................... 72 16 72 ................... 19 79 43.00 Appropriation (total) .................................................. 88 91 79 The Overseas Private Investment Corporation encourages the participation of United States private 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. 70.00 Total new budget authority (gross) .......................... 88 91 79 Object Classification (in millions of dollars) Budgetary resources available for obligation: 21.40 Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 22.21 Unobligated balance transferred to other accounts 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 43 37 45 88 91 79 –10 ................... ................... 121 –84 128 –83 124 –91 37 45 33 86.90 86.93 87.00 1996 actual Identification code 71–0100–0–1–151 72.40 1997 est. 1998 est. 176 83 –85 174 91 –81 176 174 184 Outlays (gross), detail: Outlays from new current authority .............................. ................... Outlays from current balances ...................................... 26 22 63 Personnel compensation: Full-time permanent ............. Civilian personnel benefits ............................................ Travel and transportation of persons ............................ Rental payments to others ............................................ Other services ................................................................ Grants, subsidies, and contributions ............................ Below reporting threshold .............................................. 6 2 1 3 3 68 1 7 2 1 3 4 64 2 7 2 1 3 4 72 2 Total obligations ........................................................ 84 83 91 21 60 85 11.1 12.1 21.0 23.2 25.2 41.0 99.5 99.9 117 84 –26 81 Total outlays (gross) ................................................. Net budget authority and outlays: 89.00 Budget authority ............................................................ 90.00 Outlays ........................................................................... 26 Personnel Summary Identification code 71–0100–0–1–151 88 26 91 85 79 81 1001 Total compensable workyears: Full-time equivalent employment ............................................................... 1996 actual 108 1997 est. 120 1998 est. 120 104 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 1 Enacted limitation was for both direct and guaranteed loans combined. This level is the expected direct loan amount from that limitation. Credit accounts—Continued OVERSEAS PRIVATE INVESTMENT CORPORATION DIRECT LOAN FINANCING ACCOUNT Program and Financing (in millions of dollars) Identification code 71–4074–0–3–151 1996 actual 1997 est. 1998 est. 00.01 00.02 Obligations by program activity: Direct loans .................................................................... Interest on Treasury borrowing ...................................... 49 4 133 9 133 9 10.00 Total obligations ........................................................ 53 142 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. 142 Balance Sheet (in millions of dollars) Identification code 71–4074–0–3–151 Budgetary resources available for obligation: 21.40 Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New financing authority (gross) .................................... 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... New financing authority (gross), detail: 67.15 Authority to borrow (indefinite) ..................................... Spending authority from offsetting collections: 68.00 Offsetting collections (cash) ..................................... 68.10 Receivables from program account .......................... 68.90 2 58 6 145 9 147 60 –53 151 –142 156 –142 6 9 14 47 129 129 10 16 18 1 ................... ................... Spending authority from offsetting collections (total) ................................................................ 11 16 18 70.00 Total new financing authority (gross) ...................... 58 145 147 72.90 72.95 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Obligated balance ..................... Receivables from program account .......................... 38 3 65 4 132 4 41 53 –24 69 142 –75 136 142 –75 74.90 74.95 Total unpaid obligations, start of year ................ New obligations ............................................................. Total financing disbursements (gross) ......................... Unpaid obligations, end of year: Obligated balance: Obligated balance ..................... Receivables from program account .......................... 65 4 132 4 199 4 74.99 87.00 Total unpaid obligations, end of year .................. Total financing disbursements (gross) ......................... 69 24 136 75 ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1106 Receivables, net ............................. 1206 Non-Federal assets: Receivables, net ..... Net value of assets related to post– 1991 direct loans receivable: 1401 Direct loans receivable, gross ............ 1402 Interest receivable .............................. 1404 Foreclosed property ............................. 1405 Allowance for subsidy cost (–) ........... 1499 Net present value of assets related to direct loans ........................... 1995 actual 1996 actual 1997 est. 1998 est. 4 11 10 10 3 3 4 .................. 6 2 8 2 53 1 .................. –6 72 1 .................. –10 130 .................. 2 –15 187 .................. .................. –20 48 63 117 167 Total assets ........................................ LIABILITIES: Federal liabilities: 2101 Accounts payable ................................ 2102 Interest payable .................................. 2103 Debt ..................................................... 2207 Non-Federal liabilities: Other .................. 58 78 135 187 3 2 49 1 4 4 69 1 6 .................. 128 1 8 .................. 178 1 2999 55 78 135 187 3 .................. .................. .................. 203 75 72.99 73.10 73.20 Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: 88.00 Federal sources ..................................................... –1 Non-Federal sources: 88.40 Repayments of principal .................................. –2 88.40 Interest received on loans ................................ –6 88.40 Fees .................................................................. –1 88.40 Proceeds from loan assets sales ..................... ................... 88.90 88.95 Total, offsetting collections (cash) .................. Change in receivables from program accounts ............ Net financing authority and financing disbursements: 89.00 Financing authority ........................................................ 90.00 Financing disbursements ............................................... 1996 actual –3 –2 –8 –1 –2 –3 –8 –2 –2 129 59 129 57 Total direct loan obligations ..................................... 49 Total net position ................................ 3 .................. .................. .................. 4999 Total liabilities and net position ............ 58 78 135 187 Identification code 71–4075–0–3–151 1997 est. 133 1997 est. 1998 est. Obligations by program activity: Default Claims ............................................................... Capitalized Costs ........................................................... 9 2 20 2 50 2 10.00 Total obligations ........................................................ 11 22 52 Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 22.00 New financing authority (gross) .................................... 55 63 106 107 191 138 118 –11 213 –22 329 –52 106 191 277 63 107 138 5 11 –12 4 22 –22 4 52 –52 4 12 4 22 4 52 21.90 1998 est. 133 1996 actual 00.03 00.04 23.90 23.95 24.90 Position with respect to appropriations act limitation on obligations: 1111 Limitation on direct loans ............................................. ................... ................... ................... 1131 Direct loan obligations exempt from limitation ............ 49 133 133 1150 3999 Program and Financing (in millions of dollars) –3 Status of Direct Loans (in millions of dollars) Identification code 71–4074–0–3–151 Total liabilities .................................... NET POSITION: 3300 Cumulative results of operations ............ OVERSEAS PRIVATE INVESTMENT CORPORATION GUARANTEED LOAN FINANCING ACCOUNT –10 –16 –18 –1 ................... ................... 47 15 1999 68.00 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ...................................................................... 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: Obligated balance ..................................................... 73.10 New obligations ............................................................. 73.20 Total financing disbursements (gross) ......................... 74.90 Unpaid obligations, end of year: Obligated balance: Obligated balance ..................................................... 87.00 Total financing disbursements (gross) ......................... 72.90 1210 1231 1251 Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. Disbursements: Direct loan disbursements ................... Repayments: Repayments and prepayments ................. 52 22 –2 72 60 –2 130 60 –3 1290 Outstanding, end of year .......................................... 72 130 187 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued FUNDS APPROPRIATED TO THE PRESIDENT Offsets: Against gross financing authority and financing disbursements: Offsetting collections (cash) from: 88.00 Federal sources: Payments from program account ................................................................. 88.25 Interest on uninvested funds ............................... 88.40 Non-Federal sources: Fees and premiums ........... –24 –4 –35 –46 –7 –54 –58 –10 –70 88.90 –63 –107 –138 Total, offsetting collections (cash) .................. 4999 Total liabilities and net position ............ 71 133 105 251 368 1 Enacted limitation was for both direct and guaranteed loans combined. This level is the expected guaranteed loan amount from that limitation. Net financing authority and financing disbursements: 89.00 Financing authority ........................................................ ................... ................... ................... 90.00 Financing disbursements ............................................... –50 –85 –86 OVERSEAS PRIVATE INVESTMENT CORPORATION LIQUIDATING ACCOUNT Program and Financing (in millions of dollars) Identification code 71–4030–0–3–151 1996 actual 1997 est. 1998 est. 00.12 1996 actual Identification code 71–4075–0–3–151 1997 est. 1998 est. Position with respect to appropriations act limitation on commitments: 2111 Limitation on guaranteed loans made by private lenders .............................................................................. ................... ................... ................... 2131 Guaranteed loan commitments exempt from limitation 2,000 2,250 1,800 2150 Total guaranteed loan commitments ........................ Cumulative balance of guaranteed loans outstanding: 2210 Outstanding, start of year ............................................. 2231 Disbursements of new guaranteed loans ...................... 2251 Repayments and prepayments ...................................... 2290 Outstanding, end of year .......................................... 2299 Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 2,000 2,250 1,800 69 35 100 35 31 35 Total unobligated balance, start of year ............. 104 New budget authority (gross) ........................................ 40 Resources available from recoveries of prior year obligations ....................................................................... ................... Capital transfer to general fund ................................... ................... 135 33 66 25 1 –88 1 –40 21.99 22.00 22.10 4,181 2,781 Balance Sheet (in millions of dollars) 1997 est. 1998 est. 1101 112 6 200 19 52 –15 100 35 31 35 2 35 Total unobligated balance, end of year .................... 135 66 37 New budget authority (gross), detail: Spending authority from offsetting collections (gross): Offsetting collections (cash) ..................................... 40 33 25 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 5 73.10 New obligations ............................................................. 8 73.20 Total outlays (gross) ...................................................... –8 73.45 Adjustments in unexpired accounts .............................. ................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 6 6 15 –10 –1 9 15 –10 –1 9 13 4,181 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. 1996 actual 81 –15 68.00 1,335 144 –8 24.90 24.91 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ............................................................. U.S. Securities: Par value ......................................... 24.99 71 1999 Budgetary resources available for obligation: Unobligated balance available, start of year: 21.90 Fund balance ............................................................. 21.91 U.S. Securities: Par value ......................................... 2,781 32 Net present value of assets related to defaulted guaranteed loans 15 1,335 15 1599 15 23.90 23.95 2390 60 4 8 2,781 1,900 –500 32 50 –11 ASSETS: Federal assets: Fund balances with Treasury ............................................... 1206 Non-Federal assets: Receivables, net ..... Net value of assets related to post– 1991 acquired defaulted guaranteed loans receivable: 1501 Defaulted guaranteed loans receivable, gross ...................................... Total obligations (object class 43.0) ........................ 1,335 1,500 –54 15 20 –3 1995 actual 15 515 847 –27 8 9 –2 Identification code 71–4075–0–3–151 15 22.40 Addendum: Cumulative balance of defaulted guaranteed loans that result in loans receivable: 2310 Outstanding, start of year ........................................ 2331 Disbursements for guaranteed loan claims ............. 2351 Repayments of loans receivable ............................... Outstanding, end of year ...................................... 8 10.00 Status of Guaranteed Loans (in millions of dollars) Obligations by program activity: Reimbursable Guaranty provisions/claim payments ..... 280 17 72.40 Outlays (gross), detail: Outlays from permanent balances ................................ 8 10 10 Offsets: Against gross budget authority and outlays: Offsetting collections (cash) from: 88.20 Interest on U.S. securities .................................... 88.40 Non-Federal sources ............................................. –3 –37 –3 –30 –3 –22 88.90 –40 –33 –25 86.98 89.00 90.00 Total, offsetting collections (cash) .................. Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... –33 –23 –15 Status of Direct Loans (in millions of dollars) 1996 actual 7 15 32 71 Identification code 71–4030–0–3–151 7 15 32 71 71 133 251 368 1210 1231 1251 1264 Cumulative balance of direct loans outstanding: Outstanding, start of year ............................................. Disbursements: Direct loan disbursements ................... Repayments: Repayments and prepayments ................. Write-offs for default: Other adjustments, net ............. 84 8 –28 –11 1290 Outstanding, end of year .......................................... 1997 est. 53 Total assets ........................................ LIABILITIES: 2103 Federal liabilities: Debt ........................... Non-Federal liabilities: 2204 Liabilities for loan guarantees ........... 2207 Other ................................................... 4 4 4 97 26 218 19 339 17 2999 59 127 241 356 12 6 10 12 Identification code 71–4030–0–3–151 12 Cumulative balance of guaranteed loans outstanding: 2210 Outstanding, start of year ............................................. 53 31 3 ................... –20 –12 –5 –3 .................. 36 19 1998 est. Total liabilities .................................... NET POSITION: 3300 Cumulative results of operations ............ 3999 Total net position ................................ 12 6 10 31 16 Status of Guaranteed Loans (in millions of dollars) 1996 actual 287 1997 est. 216 1998 est. 161 106 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 Credit accounts—Continued TRADE General and special funds: TRADE AND DEVELOPMENT AGENCY Status of Guaranteed Loans (in millions of dollars)—Continued 1996 actual 1997 est. 1998 est. 2231 2251 2264 Disbursements of new guaranteed loans ...................... Repayments and prepayments ...................................... Adjustments: Other adjustments, net ........................... 2290 Outstanding, end of year .......................................... 216 161 91 2299 Memorandum: Guaranteed amount of guaranteed loans outstanding, end of year ................................................................ 216 161 91 8 20 5 –78 –75 –75 –1 ................... ................... 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) Identification code 71–4030–0–3–151 1995 actual 1996 actual 1997 est. DEVELOPMENT AGENCY Federal Funds OVERSEAS PRIVATE INVESTMENT CORPORATION LIQUIDATING ACCOUNT—Continued Identification code 71–4030–0–3–151 AND 1998 est. 0101 0102 Revenue ................................................... Expense .................................................... 52 –18 12 9 12 –2 12 –2 0109 Net income or loss (–) ............................ 34 21 10 For necessary expenses to carry out the provisions of section 661 of the Foreign Assistance Act of 1961, ø$40,000,000¿ $43,000,000, to remain available until September 30, 1999: 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 30, ø1998¿ 1999, 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, 1997.) Program and Financing (in millions of dollars) Identification code 11–1001–0–1–151 10.00 Obligations by program activity: Total obligations ............................................................ Budgetary resources available for obligation: Unobligated balance available, start of year: Treasury balance ...................................................................... 22.00 New budget authority (gross) ........................................ 22.22 Unobligated balance transferred from Assistance for NIS ............................................................................. 1996 actual 1997 est. 1998 est. 56 55 43 8 49 11 45 1 43 21.40 23.90 23.95 24.40 10 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 10 ................... ................... 67 –56 56 –55 44 –43 11 1 1 40.00 42.00 Identification code 71–4030–0–3–151 ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1102 Treasury securities, par .................. 1106 Receivables, net ............................. 1206 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 .............................. 1603 Allowance for estimated uncollectible loans and interest (–) .................... 1604 Direct loans and interest receivable, net .................................................. 1699 1706 Value of assets related to direct loans .......................................... Foreclosed property ............................. 1999 Total assets ........................................ LIABILITIES: 2104 Federal liabilities: Resources payable to Treasury ............................................... 2207 Non-Federal liabilities: Other .................. 2999 Total liabilities .................................... NET POSITION: 3200 Invested capital ....................................... 3300 Cumulative results of operations ............ 1995 actual 1996 actual 1997 est. 73 106 80 59 35 1 1 35 1 1 35 1 1 35 1 1 40 43 5 ................... Appropriation (total) .................................................. 49 45 43 70.00 1998 est. 40 9 43.00 Balance Sheet (in millions of dollars) New budget authority (gross), detail: Appropriation .................................................................. Transferred from other accounts ................................... Total new budget authority (gross) .......................... 49 45 43 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 76 78 78 56 55 43 –52 –56 –50 –2 ................... ................... 78 78 71 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 11 41 12 44 12 38 83 53 31 16 86.90 86.93 –34 –18 –17 –14 87.00 Total outlays (gross) ................................................. 52 56 50 49 35 14 2 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 49 52 45 56 43 50 49 3 35 3 14 3 2 3 162 181 134 101 .................. 15 43 15 45 12 40 10 15 58 57 50 50 97 50 73 50 27 50 1 3999 Total net position ................................ 147 123 77 Total liabilities and net position ............ 162 181 134 101 Object Classification (in millions of dollars) 51 4999 These funds are for the costs of the U.S. Trade and Development Agency (TDA), including program costs of grants for feasibility studies and other project planning activities, and those 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. Identification code 11–1001–0–1–151 11.1 12.1 25.1 Personnel compensation: Full-time permanent ............. Civilian personnel benefits ............................................ Advisory and assistance services .................................. 1996 actual 2 1 1 1997 est. 1998 est. 2 1 1 2 1 1 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds FUNDS APPROPRIATED TO THE PRESIDENT 41.0 99.5 Grants, subsidies, and contributions ............................ Below reporting threshold .............................................. 51 1 50 1 38 1 99.9 Total obligations ........................................................ 56 55 43 87.00 Total outlays (gross) ................................................. 222 250 233 Offsets: Against gross budget authority and outlays: 88.00 Offsetting collections (cash) from: Federal sources –9 –11 –10 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 218 214 220 239 222 223 Personnel Summary 1996 actual Identification code 11–1001–0–1–151 1001 Total compensable workyears: Full-time equivalent employment ............................................................... 35 1997 est. 38 1998 est. 41 PEACE CORPS Federal Funds General and special funds: PEACE CORPS For expenses necessary to carry out the provisions of the Peace Corps Act (75 Stat. 612), ø$208,000,000¿ $222,000,000, 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 funds appropriated under this heading shall remain available until September 30, ø1998¿ 1999. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.) Program and Financing (in millions of dollars) Identification code 11–0100–0–1–151 Obligations by program activity: Direct program: 00.01 Africa Region ............................................................. 00.02 Asia Pacific Region ................................................... 00.03 Europe, Central Asia, and Mediterranean ................. 00.04 Inter-American Region ............................................... 00.05 Other Volunteer Support ............................................ 1996 actual 1997 est. 1998 est. 52 17 27 31 97 53 17 28 31 97 52 16 27 29 99 00.91 01.01 Total direct program ............................................. Reimbursable program .................................................. 224 8 226 10 223 9 10.00 Total obligations ........................................................ 232 236 232 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 12 22.00 New budget authority (gross) ........................................ 227 22.22 Unobligated balance transferred from other accounts ................... 22.30 Unobligated balance expiring ........................................ –1 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 238 –232 5 ................... 231 232 1 ................... –1 ................... 236 –236 43.00 Appropriation (total) ............................................. Permanent: Spending authority from offsetting collections: Offsetting collections (cash) ..................................... 218 220 222 9 11 10 Total new budget authority (gross) .......................... 227 231 232 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.40 Adjustments in expired accounts .................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 86.90 86.93 86.97 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... Outlays from new permanent authority ......................... Object Classification (in millions of dollars) Identification code 11–0100–0–1–151 208 222 12 ................... 70.00 Peace Corps operating expenses will provide direct and indirect support for approximately 6,600 Americans engaged in voluntary services in 89 countries worldwide in 1997. The Volunteers help fill the trained manpower needs of developing countries and encourage self-sustaining development of skilled manpower. 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 concepts of voluntarism and self-help at the grassroots level. Africa Region.—The Africa Region will support 1,277 new trainees and an average of 2,254 Volunteers during 1997. These Volunteers and trainees will work in 30 sub-Saharan countries, in the areas of agriculture, education, economic development, health, and environment. Asia Pacific Region.—In 1997 an average of 762 Volunteers will work in this diverse region, with Peace Corps programs in 17 countries ranging from Nepal to nations in the Pacific. This office will support 436 new trainees in programs mainly in the areas of education, health and environment. Europe, Central Asia, and Mediterranean.—In 1997 an average of 1,336 Volunteers will work in 20 countries in Eastern and Central Europe, the former Soviet Union, and North Africa. The region will support 874 new trainees, who will work primarily in education, economic development, and environment. Inter-American Region.—An average of 1,623 Volunteers will work in 22 countries in the Caribbean, Central America, and South America, in the areas of environment, agriculture, economic development, education, and health. This office will also fund 890 new trainees in 1997. 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. 5 ................... ................... 205 13 68.00 89.00 90.00 232 –232 New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. 42.00 Transferred from other accounts .............................. 60 68 54 232 236 232 –222 –250 –233 –2 ................... ................... 68 167 47 8 54 176 63 11 11.1 11.3 11.5 11.8 11.8 11.9 12.1 13.0 21.0 22.0 23.1 23.2 23.3 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 ................................... 1996 actual 1997 est. 1998 est. 44 2 1 46 1 1 45 1 1 1 21 1 20 1 19 69 40 1 24 2 6 6 69 42 1 26 2 6 7 67 42 1 25 2 6 7 8 1 33 6 1 35 6 1 36 25.6 25.7 26.0 31.0 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 ................................................................ Medical care .............................................................. Operation and maintenance of equipment ............... Supplies and materials ............................................. Equipment ................................................................. 5 11 1 9 7 6 9 1 8 6 6 10 1 7 5 99.0 Subtotal, direct obligations .................................. 223 225 222 24.0 25.2 25.3 53 178 45 10 107 108 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 PEACE CORPS—Continued 102–138, is maintained by annual Government contributions which are appropriated in the Peace Corps salaries and expenses account. General and special funds—Continued PEACE CORPS—Continued Object Classification (in millions of dollars)—Continued 1996 actual Identification code 11–0100–0–1–151 Personnel Summary 1997 est. 1998 est. 1996 actual Identification code 11–9972–0–7–151 99.0 99.5 Reimbursable obligations .............................................. Below reporting threshold .............................................. 7 2 9 2 8 2 99.9 Total obligations ........................................................ 232 236 1997 est. 1998 est. 232 1001 Direct: Total compensable workyears: 1001 Full-time equivalent employment .............................. 1005 Full-time equivalent of overtime and holiday hours Reimbursable: 2001 Total compensable workyears: Full-time equivalent employment ............................................................... 3 3 3 INTER-AMERICAN FOUNDATION Personnel Summary Identification code 11–0100–0–1–151 Total compensable workyears: Full-time equivalent employment ............................................................... Federal Funds 1996 actual 1997 est. 1998 est. General and special funds: INTER-AMERICAN FOUNDATION 1,090 4 1,146 4 1,132 4 5 5 5 For expenses necessary to carry out the functions of the Inter-American Foundation in accordance with section 401 of the Foreign Assistance Act of 1969, and to make such contracts and commitments without regard to fiscal year limitations, as provided by 31 U.S.C. 9104, $22,000,000. Program and Financing (in millions of dollars) Identification code 11–3100–0–1–151 PEACE CORPS MISCELLANEOUS TRUST FUNDS 1996 actual 1997 est. 1998 est. Balance, start of year: Balance, start of year .................................................... ................... ................... ................... Receipts: 02.01 Miscellaneous trust funds, Peace Corps ....................... ................... 1 1 Appropriation: 05.01 Peace Corps miscellaneous trust fund ......................... –1 –1 –1 1997 est. 1998 est. 00.01 00.02 00.03 00.04 Obligations by program activity: Development Grants ....................................................... Development Research and Evaluation ......................... In-country Support ......................................................... Program Management and Operation ........................... 15 1 3 6 17 1 3 7 19 1 3 7 10.00 Total obligations ........................................................ 25 28 30 Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 22.00 New budget authority (gross) ........................................ 8 34 16 28 16 30 42 –25 44 –28 46 –30 16 16 16 Unavailable Collections (in millions of dollars) Identification code 11–9972–0–7–151 1996 actual 01.99 05.99 07.99 Subtotal appropriation ................................................... ................... –1 –1 Total balance, end of year ............................................ ................... ................... ................... 23.90 23.95 24.90 Program and Financing (in millions of dollars) Identification code 11–9972–0–7–151 1996 actual 1997 est. 1998 est. Obligations by program activity: Total obligations (object class 26.0) ............................ 1 1 1 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.00 New budget authority (gross) ........................................ 2 1 2 1 1 1 3 –1 2 –1 2 –1 2 1 1 10.00 21.40 23.90 23.95 24.40 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Uninvested balance ................................................... 21.90 Total budgetary resources available for obligation New obligations ............................................................. Unobligated balance available, end of year: Fund balance ...................................................................... New budget authority (gross), detail: Current: 40.00 Appropriation ............................................................. ................... ................... 22 42.00 Transferred from other accounts .............................. 20 20 ................... 43.00 Appropriation (total) ............................................. Permanent: Spending authority from offsetting collections: Funds Availability (&Z) ......................................... 20 20 22 14 8 8 Total new budget authority (gross) .......................... 34 28 30 Change in unpaid obligations: Unpaid obligations, start of year: 72.40 Obligated balance: Appropriation ............................. 72.95 Orders on hand from Federal sources ...................... 27 1 21 1 13 1 28 25 –33 22 28 –36 14 30 –33 21 1 13 1 11 1 68.00 70.00 60.27 New budget authority (gross), detail: Appropriation (trust fund, indefinite) ............................ 1 1 1 73.10 73.20 Change in unpaid obligations: New obligations ............................................................. Total outlays (gross) ...................................................... 1 –1 1 –1 1 –1 72.99 73.10 73.20 86.98 Outlays (gross), detail: Outlays from permanent balances ................................ 1 1 1 74.40 74.95 Total unpaid obligations, start of year ................ New obligations ............................................................. Total outlays (gross) ...................................................... Unpaid obligations, end of year: Obligated balance: Appropriation ............................. Orders on hand from Federal sources ...................... Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 74.99 Total unpaid obligations, end of year .................. 22 14 12 89.00 90.00 1 1 1 1 1 1 86.90 86.93 86.97 86.98 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... Outlays from new permanent authority ......................... Outlays from permanent balances ................................ 11 13 4 5 10 16 3 7 11 13 3 6 87.00 Total outlays (gross) ................................................. 33 36 33 Offsets: Against gross budget authority and outlays: 88.00 Offsetting collections (cash) from: Federal sources –14 –8 –8 Miscellaneous contributions received by gift, devise, bequest, or from foreign governments are used in 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 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds FUNDS APPROPRIATED TO THE PRESIDENT 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 109 AFRICAN DEVELOPMENT FOUNDATION 20 19 20 28 22 25 Federal Funds General and special funds: Established by the 1969 Foreign Assistance Act, the InterAmerican Foundation supports grassroots development initiatives 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 FY 1998, the IAF will continue its new strategic programming approach which emphasizes: 1) building partnerships among grassroots organizations, NGOs, local governments, and private sector institutions to foster local social and economic development, and 2) expanding access to local public and private 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 innovative development approaches for the benefit of the major development funders and development practitioners. Using information derived from the Results System/Grassroots Development Framework and other data arising from its grantmaking activities, the Foundation will implement a new system, developed in fiscal year 1997, to 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 and other donors and grassroots practitioners in general. 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 1998, the Foundation plans to award approximately 110 grants and 190 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 expenses, rent, service contracts, and other support costs. 1996 actual Program and Financing (in millions of dollars) Identification code 11–0700–0–1–151 1996 actual Obligations by program activity: Development Grants ....................................................... 5 Strategic Partnerships, Development Research and Dissemination ............................................................ ................... 00.03 In-country Support ......................................................... 2 00.04 Program Management and Operation ........................... 4 00.01 00.02 1997 est. 1998 est. 6 8 1 1 4 1 1 4 10.00 Total obligations ........................................................ 11 12 14 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 12 –11 12 –12 14 –14 40.00 42.00 New budget authority (gross), detail: Appropriation .................................................................. ................... ................... 14 Transferred from other accounts ................................... 12 12 ................... 43.00 Appropriation (total) .................................................. 12 12 14 70.00 Total new budget authority (gross) .......................... 12 12 14 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 17 11 –13 15 12 –12 14 14 –13 15 14 15 72.40 1997 est. 11.1 Personnel compensation: Full-time permanent .................................................. 4 4 Total personnel compensation .............................. 4 Civilian personnel benefits ............................................ 1 Rental payments to others ............................................ 1 Advisory and assistance services .................................. 3 Grants, subsidies, and contributions ............................ 16 Below reporting threshold .............................................. ................... 4 1 1 3 18 1 4 1 1 3 20 1 28 30 5 8 5 7 6 7 Total outlays (gross) ................................................. 13 12 13 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 12 13 12 12 14 13 4 11.9 12.1 23.2 25.1 41.0 99.5 Outlays (gross), detail: Outlays from new current authority .............................. Outlays from current balances ...................................... 89.00 90.00 1998 est. 86.90 86.93 87.00 Object Classification (in millions of dollars) Identification code 11–3100–0–1–151 AFRICAN DEVELOPMENT FOUNDATION For the necessary expenses to carry out Title V of the International Security and Development Cooperation Act of 1980, Public Law 96– 533, and to make such contract commitments without regard to fiscal year limitations, as provided by 31 U.S.C. 9104, $14,000,000: 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 $250,000 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. 99.9 Total obligations ........................................................ 25 Personnel Summary Identification code 11–3100–0–1–151 1001 Total compensable workyears: Full-time equivalent employment ............................................................... 1996 actual 63 1997 est. 68 1998 est. 68 The African Development Foundation (ADF) is a public corporation which plays a unique role within the U.S. Government’s foreign assistance programs in Africa. Through its small grants program, ADF has a record of delivering high impact, low cost assistance to support the development of micro-enterprise, agro-business, water, energy, and environmental initiatives at the grassroots level. The Foundation has pioneered participatory development in Africa and its grants have strengthened African institutions and local capacities. All ADF-funded activities are locally conceived, and small grants are made directly to private grassroots African groups to enable them to solve their own problems. ADF assistance is premised on self-help and fosters self-reliance through its promotion of African leadership and ownership of the development process. 110 OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 24.40 AFRICAN DEVELOPMENT FOUNDATION—Continued General and special funds—Continued AFRICAN DEVELOPMENT FOUNDATION—Continued Unobligated balance available, end of year: Uninvested balance ................................................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 73.45 Adjustments in unexpired accounts .............................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 15,598 15,598 15,598 72.40 Over the past two years, the Foundation has taken significant steps to enhance its efficiency and effectiveness. Operating costs were decreased through staff reductions and country closures. To increase its development impact, the Foundation has developed a Corporate Strategic Plan and is developing individual country strategic plans for the 14 countries in which it remains engaged. These plans include clear objectives and quantifiable performance criteria. The Foundation is also pursuing strategic partnerships with the private sector and other donors to leverage additional resources and to develop new models of assistance for Africa. Development Grants.—This activity funds projects of up to $250,000 each, designed and implemented by grassroots African organizations. Strategic Partnerships, Development Research and Dissemination.—These activities are funds used to establish strategic partnerships designed to leverage additional resources for development, to support applied research on critical development problems by African reseachers, and to disseminate research results and lessons learned from the Foundation’s activities. In-Country Support.—This activity funds technical assistance and other support given by African professionals to ADFfunded projects. Program Management and Operation.—This activity funds expenses for staff salaries and benefits, rent, travel, communications, and other support costs. Object Classification (in millions of dollars) 1996 actual Identification code 11–0700–0–1–151 11.1 12.1 41.0 99.5 Personnel compensation: Full-time permanent ............. Civilian personnel benefits ............................................ Grants, subsidies, and contributions ............................ Below reporting threshold .............................................. 99.9 Total obligations ........................................................ 1997 est. 1998 est. 2 2 1 1 7 9 1 ................... 11 2 1 10 1 12 14 25,170 22,666 22,666 976 ................... ................... –675 ................... ................... –2,805 ................... ................... 22,666 22,666 22,666 86.98 Outlays (gross), detail: Outlays from permanent balances ................................ 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... 675 ................... ................... 675 ................... ................... The Administration is in the process of reviewing quotas as part of the IMF’s Eleventh General Review of Quotas. In this context, an authorization and appropriation for Fiscal Year 1998 or for subsequent years for an increase in the United States quota may be sought. Consultation with Congress will take place as the discussions within the IMF on the next quota increase proceed. A specific amount for any agreed increase in the United States quota resulting from these negotiations will be requested upon their conclusion. In accordance with the budgetary treatment recommended by the Presidential Commission on Budgetary Concepts in 1968 and modifies by the Congress in 1980, United States transactions with the IMF will not be scored as outlays and thus will not increase the deficit. Under this approach, any increase in the U.S. quota would not be scored as a budget outlay. This is because the United States receives an increase in its international reserve asset corresponding to any transfer under the U.S. quota subscription. The United States can use these interest-bearing reserves automatically to meet a balance of payments financing need. Following the precedent of the Budget Enforcement Act of 1990, we will propose to amend that Act so that there is an adjustment to the discretionary spending limitation for the budget authority for such an appropriation. Personnel Summary 1996 actual Identification code 11–0700–0–1–151 1001 Total compensable workyears: Full-time equivalent employment ............................................................... 30 1997 est. LOANS 1998 est. 30 32 INTERNATIONAL MONETARY PROGRAMS Federal Funds TO INTERNATIONAL MONETARY FUND For loans to the International Monetary Fund under the New Arrangements to Borrow, the dollar equivalent of 2,462,000,000 Special Drawing Rights, to remain available until expended; in addition, up to the dollar equivalent of 4,250,000,000 Special Drawing Rights previously appropriated by the Act of November 30, 1983 (Public Law 98–181), and the Act of October 23, 1962 (Public Law 87–872), for the General Arrangements to Borrow, may also be used for the New Arrangements to Borrow. (Authorizing legislation required.) General and special funds: Program and Financing (in millions of dollars) UNITED STATES QUOTA, INTERNATIONAL MONETARY FUND Identification code 11–0074–0–1–155 1996 actual 1997 est. 1998 est. Program and Financing (in millions of dollars) Identification code 11–0003–0–1–155 1996 actual 1997 est. 1998 est. Obligations by program activity: 00.02 Valuation adjustment on IMF reserve position ............. 976 ................... ................... 10.00 976 ................... ................... Total obligations (object class 33.0) ........................ Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 22.10 Resources available from recoveries of prior year obligations ....................................................................... 22.30 Unobligated balance expiring ........................................ 16,573 15,598 15,598 –976 ................... ................... 23.90 23.95 24.40 2,805 ................... ................... –2,059 ................... ................... 23.90 23.95 Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 6,078 6,078 22.00 New budget authority (gross) ........................................ ................... ................... 21.40 21.40 Total budgetary resources available for obligation New obligations ............................................................. 15,827 15,598 15,598 6,078 3,521 Total budgetary resources available for obligation 6,078 6,078 9,599 New obligations ............................................................. ................... ................... ................... Unobligated balance available, end of year: Uninvested balance ................................................... 6,078 6,078 9,599 40.00 New budget authority (gross), detail: Appropriation .................................................................. ................... ................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... 3,521 Outlays ........................................................................... ................... ................... ................... 3,521 MILITARY SALES PROGRAMS Federal Funds FUNDS APPROPRIATED TO THE PRESIDENT The General Arrangements to Borrow (GAB) was established in 1962 by 10 industrial countries, including the United States, as a means of supplementing the IMF’s resources when needed to forestall or cope with an impairment of the international monetary system. Authorization and appropriations for Fiscal Year 1998 in the dollar equivalent of 2,462 million Special Drawing Rights to cover the unappropriated United States share of the proposed New Arrangements to Borrow (NAB) is being sought. The Executive Board of the IMF is expected to take a formal decision on the New Arrangements to Borrow early in 1997. The proposed New Arrangements to Borrow is a set of individual credit lines, modeled on the existing GAB, extended to the IMF by a number of countries to be used to supplement the IMF’s resources in responding to financial crises that threaten the international monetary system. 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 will not be scored as outlays and thus will not increase the deficit. Any amount appropriated for the New Arrangements to Borrow will be treated in the same way as amounts already appropriated for the GAB. Under this budgetary treatment, financing extended by the United States under the GAB would not be scored as an outlay because the United States receives an increase in its international reserve assets corresponding to any transfer to the IMF under the U.S. credit. During 1996, no calls were made on the U.S. commitment under the GAB, and no U.S. loans were outstanding at the end of the year. 111 terms tping countries with protracted payments problems. Borrowers must be prepared to adopt multi-year economic and structural reform programs. The resources of the ESAF are provided through loans to the ESAF Trust and special interest subsidy contributions by member countries. Nearly $7.5 billion in concessional loans have been committed under the original facility. In 1994 the IMF membership agreed to a successor ESAF, bringing the total loan amount available to roughly $15 billion. Loans are disbursed over a three-year period with repayments ending 10 years from the date of disbursement. The interest subsidy contributions underwrite a 0.5 percent concessional rate of interest. The Congress approved $150 million for the U.S. contribution to the initial ESAF interest subsidy account. The Administration offered to contribute an additional $100 million to the interest subsidy account of the enhanced ESAF, with outlays to occur over a 15-year period beginning in Fiscal Year 1997. Congress authorized and appropriated $25 million in Fiscal Year 1995. The Administration sought but did not receive appropriations of $25 million in Fiscal Year 1996 and $7 million in Fiscal Year 1997. The Administration is seeking an appropriation of $7 million for Fiscal Year 1998. It is also seeking authorization of the full amount of the remaining $75 million of the commitment. MILITARY SALES PROGRAMS Federal Funds Public enterprise funds: SPECIAL DEFENSE ACQUISITION FUND CONTRIBUTION TO ENHANCED STRUCTURAL ADJUSTMENT OF THE INTERNATIONAL MONETARY FUND Program and Financing (in millions of dollars) FACILITY For payment to the Interest Subsidy Account of the Enhanced Structural Adjustment Facility of the International Monetary Fund, $7,000,000, to remain available until expended. Program and Financing (in millions of dollars) Identification code 11–0005–0–1–155 1996 actual 1997 est. Identification code 11–4116–0–3–155 10.00 1998 est. Obligations by program activity: Contribution for subsidy ................................................ ................... ................... 7 10.00 Total obligations (object class 41.0) ........................ ................... ................... 7 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ ................... ................... New obligations ............................................................. ................... ................... 7 71 7 –24 54 Outlays (gross), detail: Outlays from new current authority .............................. ................... ................... ity ................... ................... ................... 86.93 Outlays from current balances ...................................... 19 26 24 19 26 Total budgetary resources available for obligation 194 New obligations ............................................................. ................... Unobligated balance available, end of year: Fund balance ...................................................................... 194 New budget authority (gross), detail: Spending authority from offsetting collections: 68.00 Offsetting collections (cash) ..................................... 68.27 Capital transfer to general fund .............................. 173 –173 7 196 –2 195 –7 194 188 166 –166 106 –106 Spending authority from offsetting collections (total) ................................................................ ................... ................... ................... Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Fund balance ............................................................. 111 73.10 New obligations ............................................................. ................... 73.20 Total outlays (gross) ...................................................... –36 73.45 Adjustments in unexpired accounts .............................. ................... 74.90 Unpaid obligations, end of year: Obligated balance: Fund balance ............................................................. 75 24 7 24 The Enhanced Structural Adjustment Facility (ESAF) was created in 1987 to enable the International Monetary Fund to provide balance of payments assistance on concessional 75 2 –32 –2 43 7 –22 –1 43 27 Outlays (gross), detail: Outlays from permanent balances ................................ 36 32 22 Offsets: Against gross budget authority and outlays: 88.40 Offsetting collections (cash) from: Non-Federal sources .................................................................. –173 –166 –106 Net budget authority and outlays: Budget authority ............................................................ –173 –166 –106 86.98 Net budget authority and outlays: 89.00 Budget authority ............................................................ ................... ................... 90.00 Outlays ........................................................................... 19 26 2 72.90 86.90 Total outlays (gross) ................................................. 23.90 23.95 24.90 68.90 72.40 87.00 1998 est. Budgetary resources available for obligation: Unobligated balance available, start of year: Fund balance ...................................................................... 343 194 194 22.10 Resources available from recoveries of prior year obligations ....................................................................... ................... 2 1 22.40 Capital transfer to general fund ................................... –149 ................... ................... 7 –7 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 116 97 73.10 New obligations ............................................................. ................... ................... 73.20 Total outlays (gross) ...................................................... –19 –26 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 97 71 Obligations by program activity: Total obligations (object class 25.2) ............................ ................... 1997 est. 21.90 00.01 New budget authority (gross), detail: 40.00 Appropriation .................................................................. ................... ................... 1996 actual 89.00 112 MILITARY SALES PROGRAMS—Continued Federal Funds—Continued THE BUDGET FOR FISCAL YEAR 1998 60.49 SPECIAL DEFENSE ACQUISITION FUND—Continued Program and Financing (in millions of dollars)—Continued Portion applied to liquidate contract authority ............. 63.00 66.15 Public enterprise funds—Continued Appropriation (total) .................................................. ................... ................... ................... Contract authority (indefinite) ....................................... 15,299 14,520 13,490 70.00 –14,747 –13,760 –13,400 Outlays ........................................................................... –137 –134 15,299 14,520 13,490 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: 72.40 Appropriation ......................................................... 72.49 Contract authority ................................................. 5,462 18,788 5,887 19,340 5,987 20,100 24,250 15,299 –14,323 25,227 14,520 –13,660 26,087 13,490 –13,280 74.40 74.49 Total unpaid obligations, start of year ................ New obligations ............................................................. Total outlays (gross) ...................................................... Unpaid obligations, end of year: Obligated balance: Appropriation ......................................................... Contract authority ................................................. 5,887 19,340 5,987 20,100 6,107 20,190 Total unpaid obligations, end of year .................. 25,227 26,087 26,297 86.97 86.98 Outlays (gross), detail: Outlays from new permanent authority ......................... Outlays from permanent balances ................................ 1,647 12,676 1,571 12,089 1,527 11,753 87.00 90.00 1997 est. Total new budget authority (gross) .......................... 74.99 1996 actual Identification code 11–4116–0–3–155 Total outlays (gross) ................................................. 14,323 13,660 13,280 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ Outlays ........................................................................... 15,299 14,323 14,520 13,660 13,490 13,280 1998 est. –84 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. 72.99 73.10 73.20 Balance Sheet (in millions of dollars) 1995 actual Identification code 11–4116–0–3–155 ASSETS: Federal assets: 1101 Fund balances with Treasury ............. Investments in US securities: 1106 Receivables, net ............................. 1802 Other Federal assets: Inventories and related properties ................................ 1999 Total assets ........................................ LIABILITIES: 2101 Federal liabilities: Accounts payable ...... Non-Federal liabilities: 2201 Accounts payable ................................ 2207 Other ................................................... 2999 Total liabilities .................................... NET POSITION: 3200 Invested capital ....................................... 1996 actual 1997 est. 1998 est. 454 269 237 215 25 34 25 25 204 138 52 37 683 441 314 277 .................. 1 .................. .................. .................. 161 1 239 .................. 280 .................. 277 161 241 280 277 522 200 34 .................. 3999 Total net position ................................ 522 200 34 .................. 4999 Total liabilities and net position ............ 683 441 314 277 Status of Contract Authority (in millions of dollars) 1996 actual Identification code 11–8242–0–7–155 0100 Balance, start of year .................................................... Contract authority: 0200 Contract authority .......................................................... 0400 Appropriation to liquidate contract authority ................ 0700 Balance, end of year ..................................................... 1997 est. 19,340 20,100 15,299 –14,747 19,340 14,520 –13,760 20,100 13,490 –13,400 20,190 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): Trust Funds FOREIGN MILITARY SALES TRUST FUND Unavailable Collections (in millions of dollars) 1996 actual Identification code 11–8242–0–7–155 Balance, start of year: 01.99 Encumbered future receipts, start of year .................... Receipts: 02.01 Deposits, advances, foreign military sales ................... 04.00 Total: Balances and collections .................................... Appropriation: 05.01 Foreign military sales trust fund .................................. 07.99 Total balance, end of year ............................................ 1996 actual –18,788 1997 est. –19,340 1998 est. –20,100 14,747 13,760 13,400 –4,041 –5,580 –6,700 –15,299 –19,340 –14,520 –20,100 –13,490 –20,190 Estimates of new orders (sales) ................................................. 1996 actual 1997 est. 10,339 10,555 1998 est. 10,544 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 thousands of dollars): 1996 actual 1997 est. 1998 est. Obligations of the fund ................................................. Receipts from foreign governments (appropriation) ..... 15,299 ¥14,747 14,520 ¥13,760 13,490 ¥13,400 Net budget authority ............................................. 562 760 90 Payments from the fund (outlays) ................................ Receipts from foreign governments (appropriation) ..... 14,322 ¥14,747 13,660 ¥13,760 13,280 ¥13,400 Net outlays ............................................................ ¥425 ¥100 ¥120 Program and Financing (in millions of dollars) Identification code 11–8242–0–7–155 1998 est. 18,788 1997 est. 1998 est. Obligations by program activity: Reimbursable activity: 00.01 Military personnel ...................................................... 00.02 Operations and maintenance .................................... 00.03 Procurement ............................................................... 00.04 Research, development, test, and evaluation .......... 00.05 Special defense acquisition fund ............................. 00.06 Revolving and mgt funds ......................................... 00.07 Construction ................................................................... 00.08 Other .............................................................................. 96 292 13,020 23 173 1,201 139 355 91 277 12,338 21 166 1,140 132 355 84 257 11,498 20 106 1,059 123 343 09.00 Sub-total, Reimbursable Obligations ........................ 15,299 14,520 13,490 10.00 Total obligations (object class 25.3) ........................ 15,299 14,520 13,490 22.00 23.95 Budgetary resources available for obligation: New budget authority (gross) ........................................ New obligations ............................................................. 15,299 –15,299 14,520 –14,520 13,490 –13,490 New budget authority (gross), detail: 60.27 Appropriation (trust fund, indefinite) ............................ 14,747 13,760 13,400 KUWAIT CIVIL RECONSTRUCTION TRUST FUND Program and Financing (in millions of dollars) Identification code 11–8238–0–7–155 1996 actual Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 3 22.30 Unobligated balance expiring ........................................ ................... 1997 est. 1998 est. 21.40 23.90 24.40 Total budgetary resources available for obligation Unobligated balance available, end of year: Uninvested balance ................................................... 3 ................... –3 ................... 3 ................... ................... 3 ................... ................... TITLE V—GENERAL PROVISIONS FUNDS APPROPRIATED TO THE PRESIDENT 89.00 90.00 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. OTHER CONSOLIDATED RECEIPT ACCOUNTS (in millions of dollars) 1996 actual 72–972110 Miscellaneous credit reform accounts, AID ..... Federal Funds TITLE V—GENERAL PROVISIONS PROHIBITION General and special funds: TRANSITION FUND 1996 actual 1997 est. 1998 est. 3 ................... ................... Budgetary resources available for obligation: Unobligated balance available, start of year: Uninvested balance ................................................... 23.95 New obligations ............................................................. 3 ................... ................... –3 ................... ................... 21.40 Change in unpaid obligations: Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 73.10 New obligations ............................................................. 73.20 Total outlays (gross) ...................................................... 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. 72.40 6 6 3 3 ................... ................... –4 –3 –3 6 3 ................... 4 3 86.93 Outlays (gross), detail: Outlays from current balances ...................................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... 4 3 3 3 Funds for this account were transferred from Foreign Military Financing pursuant to P.L. 101–513, to support costs of demobilization, retraining, relocation, and reemployment in civilian pursuits of former combatants in the conflict in El Salvador. CENTRAL AMERICAN RECONCILIATION ASSISTANCE Program and Financing (in millions of dollars) Identification code 11–1038–0–1–152 1996 actual OF BILATERAL FUNDING FOR INTERNATIONAL FINANCIAL INSTITUTIONS LIMITATION Obligations by program activity: Total obligations (object class 41.0) ............................ 10.00 1997 est. 1998 est. 89.00 90.00 1 1 1 1 1 1 Net budget authority and outlays: Budget authority ............................................................ ................... ................... ................... Outlays ........................................................................... ................... ................... ................... Funds for this account were transferred from the Department of Defense in accordance with Public Law 101–14 in order to provide humanitarian assistance to the Nicaraguan democratic resistance. Adjustments to the account were made in Public Law 101–119 and Public Law 101–215. ON RESIDENCE EXPENSES SEC. 503. Of the funds appropriated or made available pursuant to this Act, not to exceed $126,500 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 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 Change in unpaid obligations: 72.40 Unpaid obligations, start of year: Obligated balance: Appropriation ............................................................. 74.40 Unpaid obligations, end of year: Obligated balance: Appropriation ............................................................. AVAILABILITY OF SEC. 502. 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. Program and Financing (in millions of dollars) Identification code 72–1500–0–1–152 1998 est. SEC. 501. Except for the appropriations entitled ‘‘International Disaster Assistance’’, and ‘‘United States Emergency Refugee and Migration Assistance Fund’’, not more than 15 per centum of any appropriation item made available by this Act shall be obligated during the last month of availability. SPECIAL ASSISTANCE FOR CENTRAL AMERICA AND 1997 est. 9 ................... ................... OBLIGATIONS DURING LAST MONTH DEMOBILIZATION 113 ON FINANCING NUCLEAR GOODS SEC. 506. None of the funds appropriated or made available (other than funds for ‘‘Nonproliferation, Antiterrorism, 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. 114 TITLE V—GENERAL PROVISIONS—Continued THE BUDGET FOR FISCAL YEAR 1998 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. 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 30, ø1997¿ 1998, 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 fifteen 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 under this Act: Provided, That the authority of this subsection may not be used in fiscal year ø1997¿ 1998. 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, and for any narcotics-related assistance for Colombia, Bolivia, and Peru authorized by the Foreign Assistance Act of 1961 or the Arms Export Control Act. øCOMMERCE AND TRADE¿ øSEC. 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.¿ ø(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.¿ øSURPLUS COMMODITIES¿ øSEC. 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. ø515¿ 513. For the purpose of providing the Executive Branch with the necessary administrative flexibility, none of the funds made available under this Act for ø‘‘Child Survival and Disease Programs Fund’’,¿ ‘‘Sustainable Development Assistance’’, ‘‘Development Fund for Africa’’, ‘‘Enhanced Credit Authority’’, ‘‘Debt restructuring’’, ‘‘International organizations and programs’’, ‘‘Trade and Development Agency’’, ‘‘International narcotics control’’, ‘‘Assistance for Eastern Europe and the Baltic States’’, ‘‘Assistance for the New Independent State 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’’, ø‘‘Nonproliferation, antiterrorism, demining and related programs’’,¿ ‘‘Nonproliferation and Disarmament Fund’’, ‘‘Anti-terrorism Assistance’’, ‘‘Foreign Military Financing Program’’, ‘‘International military education and training’’, ‘‘Inter-American Foundation’’, ‘‘African Development Foundation’’, ‘‘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 fifteen 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 TITLE V—GENERAL PROVISIONS—Continued FUNDS APPROPRIATED TO THE PRESIDENT 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 per centum in excess of the quantities justified to Congress unless the Committees on Appropriations are notified fifteen 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 per centum 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 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. 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. LIMITATION AVAILABILITY OF FUNDS FOR INTERNATIONAL ORGANIZATIONS AND PROGRAMS ON SEC. ø516¿ 514. 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 because of the implementation of this section or any similar provision of law, shall remain available for obligation through September 30, ø1998¿ 1999. øECONOMIC SUPPORT FUND ASSISTANCE FOR ISRAEL¿ øSEC. 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 26, 1979, 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 ON FUNDING FOR ABORTIONS STERILIZATION AND INVOLUNTARY SEC. ø518¿ 515. 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 115 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. øAUTHORIZATION FOR POPULATION PLANNING¿ øSEC. 518A. (a) None of the funds made available in title II of this Act for population planning activities or other population assistance pursuant to section 104(b) of the Foreign Assistance Act or any other provision of law may be obligated or expended prior to July 1, 1997.¿ ø(b) Not to exceed $385,000,000 of the funds appropriated in title II of this Act may be made available for population planning activities or other population assistance.¿ ø(c) Such funds may be apportioned only on a monthly basis, and such monthly apportionments may not exceed 8 percent of the total available for such activities.¿ ø(d) Not later than February 1, 1997, the President shall submit a finding to the Congress regarding the impact of the limitation on obligations imposed by subsection (a) of this section on the proper functioning of the population planning program. If such Presidential finding indicates that the limitation is having a negative impact on the proper functioning of the population planning program, funds for population planning activities and other population assistance referred to in subsection (a) may be made available beginning March 1, 1997, notwithstanding the July 1, 1997, limitation set forth in subsection (a), if the Congress approves such finding by adoption of a joint resolution of approval not later than February 28, 1997, in accordance with subsection (e).¿ ø(e) CONGRESSIONAL REVIEW PROCEDURE.— (1) This subsection is enacted by Congress— (A) as an exercise of the rulemaking power of the House of Representatives and the Senate, respectively, and as such it is deemed a part of the rules of each House, respectively, but applicable only with respect to the procedure to be followed in that House in the case of resolutions described by paragraph (2) of this subsection; and it supersedes other rules only to the extent that it is inconsistent therewith; and (B) with full recognition of the constitutional right of either House to change the rules (so far as those rules relate to the procedure of that House) at any time, in the same manner, and to the same extent as in the case of any other rule of such House. (2) For purposes of this section, the term ‘‘resolution’’ means a joint resolution, the text of which is as follows: ‘‘That the House of Representatives and Senate approve the Presidential finding, submitted to the Congress on XXXXX, that the limitation on obligations imposed by section 518A(a) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1997, is having a negative impact on the proper functioning of the population planning program.’’. The blank space therein shall be filled with the date on which the President submits his finding to the House of Representatives and the Senate. (3) On the day on which the President submits a finding under this section to the Congress, a joint resolution described in paragraph (2) shall be introduced (by request) in the House by the majority leader of the House, for himself and the minority leader of the House, or by Members of the House designated by the majority leader and minority leader of the House; and shall be introduced (by request) in the Senate by the majority leader of the Senate, for himself and the minority leader of the Senate, or by Members of the Senate designated by the majority leader and minority leader of the Senate. If either House is not in session on the day on which the President submits such finding, the resolution shall be introduced in that House, as provided in the preceding sentence, on the first day thereafter on which that House is in session. A resolution once introduced in the House with respect to a Presidential finding under this section shall be referred to 1 or more committees (and all resolutions with respect to the same Presidential finding shall be referred to the same committee or committees) by the Speaker of the House of Representatives. A resolution once introduced in the Senate with respect to a Presidential finding under this section shall be referred to the appropriate committee (and all resolutions with respect to the same Presidential finding shall be referred to the same committee) by the President of the Senate. 116 TITLE V—GENERAL PROVISIONS—Continued øAUTHORIZATION FOR THE BUDGET FOR FISCAL YEAR 1998 POPULATION PLANNING¿—Continued (4) No amendment to a resolution introduced under this section shall be in order in either the House of Representatives or the Senate; and no motion to suspend the application of this subsection shall be in order in either House, nor shall it be in order in either House for the presiding officer to entertain a request to suspend the application of this subsection by unanimous consent. (5)(A) If any committee to which a resolution with respect to a Presidential finding under this section has been referred has not reported it at the end of 5 calendar days after its introduction, such committee shall be automatically discharged from further consideration of the resolution and it shall be placed on the appropriate calendar. A vote on final passage of the resolution, shall be taken in each House on or before February 28, 1997. If prior to the passage by 1 House of a resolution of that House under this section, that House receives the same resolution from the other House, then— (i) the procedure in that House shall be the same as if no resolution had been received from the other House, but (ii) the vote on final passage shall be on the resolution of the other House. (6)(A) A motion in the House of Representatives to proceed to the consideration of a resolution under this section shall be highly privileged and not debatable. An amendment to the motion shall not be in order, nor shall it be in order to move to reconsider the vote by which the motion is agreed to or disagreed to. (B) Debate in the House of Representatives on the resolution described in paragraph (2) of this subsection shall be limited to not more than 2 hours, which shall be divided equally between those favoring and those opposing such resolution. A motion to further limit debate shall not be debatable. It shall not be in order to move to recommit a resolution or to move to reconsider the vote by which such resolution was agreed to or disagreed to. (C) Appeals from the decision of the Chair relating to the application of the rules of the House of Representatives to the procedures relating to a resolution under this section shall be decided without debate. (D) Except to the extent specifically provided in preceding provisions of this subsection, consideration in the House of Representatives of a resolution under this subsection shall be governed by the rules of the House of Representatives applicable to other resolutions in similar circumstances. (7)(A) A motion in the Senate to proceed to the consideration of a resolution under this section shall not debatable. It shall not be in order to move to reconsider the vote by which the motion is agreed to or disagreed to. (B) Debate in the Senate on the resolution described in paragraph (2) of this subsection, and all debatable motions and appeals in connection therewith, shall be limited to not more than 2 hours. The time shall be equally divided between, and controlled by, the mover and the manager of the resolution, except that in the event the manager of the resolution is in favor of any such motion or appeal, the time in opposition thereto shall be controlled by the minority leader or his designee. Such leaders, or either of them, may, from time under their control on the passage of a resolution, allot additional time to any Senator during the consideration of any debatable motion or appeal. (C) A motion in the Senate to further limit debate is not debatable. A motion to recommit a resolution is not in order.¿ øREPORTING REQUIREMENT¿ øSEC. 519. The President shall submit to the Committees on Appropriations the reports required by section 25(a)(1) of the Arms Export Control Act.¿ øSPECIAL NOTIFICATION REQUIREMENTS¿ øSEC. 520. None of the funds appropriated in this Act shall be obligated or expended for Colombia, Guatemala (except that this provision shall not apply to development assistance for Guatemala), Dominican Republic, Haiti, Liberia, Pakistan, Peru, Serbia, Sudan, or Zaire except as provided through the regular notification procedures of the Committee on Appropriations.¿ DEFINITION OF PROGRAM, PROJECT, AND ACTIVITY SEC. ø521¿ 516. 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 follow- ing accounts: Economics 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 executive branch in accordance with a report, to be provided to the Committees on Appropriations within thirty days of enactment of this Act, as required by section 653(a) of the Foreign Assistance Act of 1961. CHILD SURVIVAL AND AIDS ACTIVITIES SEC. ø522¿ 517. Up to $8,000,000 of the funds made available by this Act for assistance for family planning, health, child survival, 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 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. ø523¿ 518. 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 Untied States. RECIPROCAL LEASING SEC. ø524¿ 519. Section 61(a) of the Arms Export Control Act is amended by striking out ø‘‘1996’’¿ ‘‘1997’’ and inserting in lieu thereof ø‘‘1997’’¿ ‘‘1998’’. øNOTIFICATION ON EXCESS DEFENSE EQUIPMENT¿ øSEC. 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.¿ øAUTHORIZATION REQUIREMENT¿ øSEC. 526. Funds appropriated by this Act may be obligated and expended notwithstanding section 10 of Public Law 91–672 and section 15 of the State Department Basic Authorities Act of 1956.¿ PROHIBITION ON BILATERAL ASSISTANCE TO TERRORIST COUNTRIES SEC. ø527¿ 520. (a) øNotwithstanding any other provision of law, funds¿ 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 fifteen days before the waiver takes effect, shall notify the Committees on Appropriations of the waiver (including the justification for the waiver) in accordance FUNDS APPROPRIATED TO THE PRESIDENT with the regular notification procedures of the Committees on Appropriations. COMMERCIAL LEASING OF DEFENSE ARTICLES SEC. ø528¿ 521. 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. øCOMPETITIVE INSURANCE¿ øSEC. 528A. 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.¿ øSTINGERS IN THE PERSIAN GULF REGION¿ øSEC. 529. 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. ø530¿ 522. 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. øSEPARATE ACCOUNTS¿ øSEC. 531. (a) SEPARATE ACCOUNTS FOR LOCAL CURRENCIES.— (1) If assistance is furnished to the government of a foreign country under chapters 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 chapters 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)(2). TITLE V—GENERAL PROVISIONS—Continued 117 (4) TERMINATION OF ASSISTANCE PROGRAMS.—Upon termination of assistance to a country under chapters 1 or 10 of part I or chapter 4 of part II (as the case may be), any unencumbered balances of 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 1961. (6) 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.¿ ø(b) SEPARATE ACCOUNTS FOR CASH TRANSFERS.— (1) If assistance is made available to the government of a foreign country, under chapters 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. 981159). (3) NOTIFICATION.—At lest fifteen 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 øFINANCING¿ FINANCIAL INSTITUTIONS TO SEC. ø532¿ 523. (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, the Bank for Economic Cooperation and Development in the Middle East, and North Africa and the European Bank for Reconstruction and Development. COMPLIANCE WITH UNITED NATIONS SANCTIONS AGAINST IRAQ SEC. ø533¿ 524. (a) DENIAL OF ASSISTANCE.—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 118 TITLE V—GENERAL PROVISIONS—Continued THE BUDGET FOR FISCAL YEAR 1998 COMPLIANCE WITH UNITED NATIONS SANCTIONS AGAINST IRAQ— Continued assistance to any country that is not in compliance with the United Nations Security Council sanctions against Iraqø, Serbia or Montenegro¿ 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 (3) the assistance to be provided will be humanitarian assistance for foreign national who have fled Iraq and Kuwait. (b) IMPORT SANCTIONS.—If the President considers that the taking of such action would promote the effectiveness of the economic sanctions of the United Nations and the United States imposed with respect to Iraqø, Serbia, or Montenegro¿, as the case may be, and is consistent with the national interest, the President may prohibit, for such a period of time as he considers appropriate, the importation into the United States of any or all products of any foreign country that has not prohibited— (1) the importation of products of Iraqø, Serbia, or Montenegro¿ into its customs territory, and (2) the export of its products to Iraqø, Serbia, or Montenegro, as the case may be¿. COMPETITIVE PRICING FOR SALES OF DEFENSE ARTICLES SEC. ø533A¿ 525. 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. øPOW/MIA MILITARY DRAWDOWN¿ øSEC. 534. (a) Notwithstanding any other provision of law, the President may direct the drawdown, without reimbursement by the recipient, 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 not to exceed $15,000,000 in fiscal year 1997, as may be necessary to carry out subsection (b).¿ ø(b) Such defense articles, services and training may be provided to Vietnam, Cambodia and Laos, under subsection (a) as the President determines are necessary to support efforts to locate and repatriate members of the United States Armed Forces and civilians employed directly or indirectly by the United States Government who remain unaccounted for from the Vietnam War, and to ensure the safety of United States Government personnel engaged in such cooperative efforts and to support United States Department of Defensesponsored humanitarian projects associated with the POW/MIA efforts. Any aircraft shall be provided under this section only to Laos and only on a lease or loan basis, but may be provided at no cost notwithstanding section 61 of the Arms Export Control Act and may be maintained with defense articles, services and training provided under this section.¿ ø(c) The President shall, within sixty days of the end of any fiscal year in which the authority of subsection (a) is exercised, submit a report to the Congress which identifies the articles, services, and training drawn down under this section.¿ øMEDITERRANEAN EXCESS DEFENSE ARTICLES¿ øSEC. 535. For the four-year period beginning on October 1, 1996, the President shall ensure that excess defense articles will be made available under section 516 and 519 of the Foreign Assistance Act of 1961 consistent with the manner in which the President made available excess defense articles under those sections during the fouryear period that began on October 1, 1992, pursuant to section 573(e) of the Foreign Operations, Export Financing, Related Programs Appropriations Act, 1990.¿ øCASH FLOW FINANCING¿ øSEC. 536. For each country that has been approved for cash flow financing (as defined in section 25(d) of the Arms Export Control Act, as added by section 112(b) of Public Law 99–83) under the Foreign Military Financing Program, any Letter of Offer and Acceptance or other purchase agreement, or any amendment thereto, for a procurement in excess of $100,000,000 that is to be financed in whole or in part with funds made available under this Act shall be submitted through the regular notification procedures to the Committees on Appropriations.¿ AUTHORITIES FOR FOUNDATION AND THE THE PEACE CORPS, THE INTER-AMERICAN AFRICAN DEVELOPMENT FOUNDATION SEC. ø537¿ 526. 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 Corp 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. ø538¿ 527. None of the funds appropriated by this Act may be obligated or expended to provide— (a) 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; (b) 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 (c) 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. øAUTHORITY TO ASSIST BOSNIA AND HERZEGOVINA¿ øSEC. 539. (a) The President is authorized to direct the transfer, subject to prior notification of the Committees on Appropriations, to the Government of Bosnia and Herzegovina, without reimbursement of defense articles from the stocks of the Department of Defense and defense services of the Department of Defense of an aggregate value of not to exceed $100,000,000 in fiscal years 1996 and 1997: Provided, That the President certifies in a timely fashion to the Congress that the transfer of such articles would assist that nation in self-defense and thereby promote the security and stability of the region.¿ ø(b) Within 60 days of any transfer under the authority provided in subsection (a), and every 60 days thereafter, the President shall report in writing to the Speaker of the House of Representatives and the President pro tempore of the Senate concerning the articles transferred and the disposition thereof.¿ ø(c) There are authorized to be appropriated to the President such sums as may be necessary to reimburse the applicable appropriation, fund, or account for defense articles provided under this section.¿ øRESTRICTIONS ON THE TERMINATION OF SANCTIONS SERBIA AND MONTENEGRO¿ AGAINST øSEC. 540. (a) RESTRICTIONS.—Notwithstanding any other provision of law, no sanction, prohibition, or requirement described in section 1511 of the National Defense Authorization Act for Fiscal Year 1994 (Public Law 103–160), with respect to Serbia or Montenegro, may cease to be effective, unless— (1) the President first submits to the Congress a certification described in subsection (b); and (2) the requirements of section 1511 of that Act are met.¿ ø(b) CERTIFICATION.—A certification described in this subsection is a certification that— (1) there is substantial progress toward— (A) the realization of a separate identity for Kosova and the right of the people of Kosova to govern themselves; or (B) the creation of an international protectorate for Kosova; TITLE V—GENERAL PROVISIONS—Continued FUNDS APPROPRIATED TO THE PRESIDENT (2) there is substantial improvement in the human rights situation in Kosova; (3) international human rights observers are allowed to return to Kosova; and (4) the elected government of Kosova is permitted to meet and carry out its legitimate mandate as elected representatives of the people of Kosova.¿ ø(c) WAIVER AUTHORITY.—The President may waive the application in whole or in part, of subsection (a) if the President certifies to the Congress that the President has determined that the waiver is necessary to meet emergency humanitarian needs or to achieve a negotiated settlement of the conflict in Bosnia and Herzegovina that is acceptable to the parties.¿ EXTENSION AUTHORITY TO OBLIGATE FUNDS TO CLOSE SPECIAL DEFENSE ACQUISITION FUND OF THE SEC. 528. Title III of P.L. 103–306 is amended under the heading ‘‘Special Defense Acquisition Fund’’ by striking ‘‘1998’’ and inserting ‘‘2000’’. SPECIAL AUTHORITIES SEC. ø541¿ 529. (a) Funds appropriated in title II of this Act that are made available for Afghanistan, Lebanon, and Cambodia, 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: Provided, That any such funds that are made available for Cambodia shall be subject to the provisions of section 531(c) of the Foreign Assistance Act of 1961 and section 906 of the International Security and Development Cooperation Act of 1985ø: Provided further, That none of the funds appropriated by this Act may be made available for assistance for any country or organization that the Secretary of State determines is cooperating, tactically or strategically, with the Khmer Rouge in their military operations, or to the military of any country that is not acting vigorously to prevent its members from facilitating the export of timber from Cambodia by the Khmer Rouge: Provided further, That the Secretary of State shall submit a report to the Committees on Appropriations by February 1, 1997, on whether there are any countries, organizations, or militaries for which assistance is prohibited under the previous proviso, the basis for such conclusions and, if appropriate, the steps being taken to terminate assistance: Provided further, That the prohibition on assistance to the military of any country that is not acting vigorously to prevent its members from facilitating the export of timber from Cambodia by the Khmer Rouge may be waived by the President if he determines and reports to the Committees on Appropriations that is is important to the national security interest of the United States to do so. (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) During fiscal year ø1997¿ 1998, the President may use up to ø$40,000,000¿ $50,000,000 under the authority of section 451 of the Foreign Assistance Act of 1961, notwithstanding the funding ceiling contained in subsection (a) of that section. (d) 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. øPOLICY ON TERMINATING THE ARAB LEAGUE BOYCOTT OF ISRAEL¿ øSEC. 542. 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; and (2) 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 rela- 119 tions with Israel when determining whether to sell weapons to said county; (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 (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. ø543¿ 530. (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. ø544¿ 531. (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 øand¿, 10 and 11 of part I, and chapter 4 of part II of the Foreign Assistance Act of 1961: 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 of the United States: 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 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 ø1997¿ 1998, 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 internationally recognized human rights. EARMARKS SEC. ø544A¿ 532. (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 120 TITLE V—GENERAL PROVISIONS—Continued THE BUDGET FOR FISCAL YEAR 1998 EARMARKS—Continued 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. ø545¿ 533. 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. ø546¿ 534. 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 Congressø: Provided, That not to exceed $750,000 may be made available to carry out the provisions of section 316 of Public Law 96–533¿. USE OF AMERICAN RESOURCES SEC. ø547¿ 535. To the maximum extent possible, assistance provided under this Act should make full use of American resources, including commodities, products, and services. øPROHIBITION OF PAYMENTS TO UNITED NATIONS MEMBERS¿ øSEC. 548. 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.¿ øCONSULTING SERVICES¿ øSEC. 549. 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.¿ øPRIVATE VOLUNTARY ORGANIZATIONS—DOCUMENTATION¿ øSEC. 550. 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.¿ øPROHIBITION ON ASSISTANCE TO FOREIGN GOVERNMENTS THAT EXPORT LETHAL MILITARY EQUIPMENT TO COUNTRIES SUPPORTING INTERNATIONAL TERRORISM¿ øSEC. 551. (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 the date of enactment of this Act.¿ ø(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.¿ ø(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 to be provided, including the estimated dollar amount of such assistance, and an explanation of how the assistance furthers United States national interests.¿ øWITHHOLDING OF ASSISTANCE FOR PARKING FINES OWED FOREIGN COUNTRIES¿ BY øSEC. 552. (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.¿ ø(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. ø553¿ 536. 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 104–107) 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 Act may not be obligated for assistance for the Palestine Liberation Organization for the West Bank and Gaza. EXPORT FINANCING TRANSFER AUTHORITIES SEC. ø554¿ 537. Not to exceed 5 percent of any appropriation other than for administrative expenses made available for fiscal year ø1997¿ 1998 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. WAR CRIMES TRIBUNALS SEC. ø555¿ 538. 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 $25,000,000 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. ø556¿ 539. 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 clearing of landmines and unexploded ordnance for humanitarian purposes may be disposed of on a grant basis in foreign countries, TITLE V—GENERAL PROVISIONS—Continued FUNDS APPROPRIATED TO THE PRESIDENT subject to such terms and conditions as the President may prescribeø: Provided, That section 1365(c) of the National Defense Authorization Act for Fiscal Year 1993 (Public Law 102–484; 22 U.S.C., 2778 note) is amended by striking out ‘‘During the five-year period beginning on October 23, 1992’’ and inserting in lieu thereof ‘‘During the eightyear period beginning on October 23, 1992’’¿. øRESTRICTIONS CONCERNING THE PALESTINIAN AUTHORITY¿ øSEC. 557. 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. ø558¿ 540. 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. øHUMANITARIAN CORRIDORS¿ øSEC. 559. The Foreign Assistance Act of 1961 is amended by adding immediately after section 620H the following new section: ‘‘SEC. 620I. PROHIBITION ON ASSISTANCE TO COUNTRIES THAT RESTRICT UNITED STATES HUMANITARIAN ASSISTANCE.— ‘‘(a) IN GENERAL.—No assistance shall be furnished under this Act or the Arms Export Control Act to any country when it is made known to the President that the government of such country prohibits or otherwise restricts, directly or indirectly, the transport or delivery of United States humanitarian assistance. ‘‘(b) EXCEPTION.—Assistance may be furnished without regard to the restriction in subsection (a) if the President determines that to do so is in the national security interest of the United States. ‘‘(c) NOTICE.—Prior to making any determination under subsection (b), the President shall notify the Committee on International Relations, the Committee on Foreign Relations, and the Committees on Appropriations of the Senate and House of Representatives of his intention to make such a determination, the effective date of the determination, and the reasons for making the determination.’’.¿ øEQUITABLE ALLOCATION OF FUNDS¿ øSEC. 560. Not more than 20 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, 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.¿ øPURCHASE OF AMERICAN-MADE EQUIPMENT AND PRODUCTS¿ øSEC. 561. (a) SENSE OF CONGRESS.—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 Americanmade.¿ ø(b) NOTICE REQUIREMENT.—In providing financial assistance to, or entering into any contract with, any entity using funds made 121 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 (a) by the Congress.¿ øLIMITATION OF FUNDS NORTH AMERICAN DEVELOPMENT BANK¿ FOR øSEC. 562. None of the Funds appropriated in this Act under the heading ‘‘North American Development Bank’’ and 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.¿ øINTERNATIONAL DEVELOPMENT ASSOCIATION¿ øSEC. 563. In order to pay for the United States contribution to the tenth replenishment of the resources of the International Development Association authorized in section 526 of Public Law 103–87, there is authorized to be appropriated, without fiscal year limitation, $700,000,000 for payment by the Secretary of the Treasury.¿ SPECIAL DEBT RELIEF FOR THE POOREST SEC. ø564¿ 541. (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 1961; or (2) credits extended or guarantees issued under the Arms Export Control Act. (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’’. (2) 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. ø565¿ 542. (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 1, 1995, pursuant to the Foreign Assistance Act of 1961, to the government of any eligible country as ødefine¿ 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, 122 AUTHORITY TITLE V—GENERAL PROVISIONS—Continued TO ENGAGE IN DEBT BUYBACKS THE BUDGET FOR FISCAL YEAR 1998 OR SALES—Continued 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 development, 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’’. LIBERIA SEC. ø566¿ 543. Funds appropriated by this Act may be made available for assistance for Liberia notwithstanding section 620(q) of the Foreign Assistance Act of 1961 and section 512 of this Act. øGUATEMALA¿ øSEC. 567. (a) Funds provided in this Act may be made available for the Guatemalan military forces, and the restrictions on Guatemala under the headings ‘‘International Military Education and Training’’ and ‘‘Foreign Military Financing Program’’ shall not apply, only if the President determines and certifies to the Congress that the Guatemalan military is cooperating fully with efforts to resolve human rights abuses which elements of the Guatemalan military forces are alleged to have committed, ordered or attempted to thwart the investigation of, and with efforts to negotiate a peace settlement.¿ ø(b) The prohibition contained in subsection (a) shall not apply to funds made available to implement a ceasefire or peace agreement.¿ ø(c) Any funds made available pursuant to subsections (a) or (b) shall be subject to the regular notification procedures of the Committees on Appropriations.¿ ø(d) Any funds made available pursuant to subsections (a) and (b) for international military education and training may only be for expanded international military education and training.¿ SANCTIONS AGAINST COUNTRIES HARBORING WAR CRIMINALS SEC. ø568¿ 544. (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 the former Yugoslavia, the International Criminal Tribunal for Rwanda, 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 23, 1933 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. AGENCY FOR INTERNATIONAL DEVELOPMENT ENHANCED CREDIT AUTHORITY SEC. 545. 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 sections 103 through 106 of the Foreign Assistance Act of 1961 (FAA), up to $10,000,000 may be derived by transfer from funds appropriated by this Act under the headings, ‘‘Sustainable Development Assistance’’ and ‘‘Development Fund for Africa,’’ to remain available until expended: Provided, That of this amount, up to $1,500,000 for administrative expenses to carry out such programs shall be transferred to and merged with the appropriation for Operating Expenses, Agency for International Development: Provided further, That the authority contained in the last sentence of section 108(c) of the FAA shall be applicable to funds made available under this heading: Provided further, That section 620(q) of the FAA shall not be construed to prohibit assistance to a country in the event that a private sector recipient of assistance furnished under this heading is in default in its payment to the United States for the period specified in such section. øLIMITATION ON ASSISTANCE FOR HAITI¿ øSEC. 569. (a) LIMITATION.—None of the funds appropriated or otherwise made available by this Act, may be provided to the Government of Haiti until the President reports to Congress that— (1) the Government is conducting thorough investigations of extrajudicial and political killings; and (2) the Government is cooperating with United States authorities in the investigations of political and extrajudicial killings.¿ ø(b) Nothing in this section shall be construed to restrict the provision of humanitarian, development, or electoral assistance.¿ ø(c) The President may waive the requirements of this section on a semiannual basis if he determines and certifies to the appropriate committees of Congress that it is in the national interest of the United States.¿ øPOLICY TOWARD BURMA¿ øSEC. 570. (a) Until such time as the President determines and certifies to Congress that Burma has made measurable and substantial progress in improving human rights practices and implementing democratic government, the following sanctions shall be imposed on Burma: (1) BILATERAL ASSISTANCE.—There shall be no United States assistance to the Government of Burma, other than: (A) humanitarian assistance, (B) subject to the regular notification procedures of the Committees on Appropriations, counter-narcotics assistance under chapter 8 of part I of the Foreign Assistance Act of 1961, or crop substitution assistance, if the Secretary of State certifies to the appropriate congressional committees that— (i) the Government of Burma is fully cooperating with United States counter-narcotics efforts, and (ii) the programs are fully consistent with United States human rights concerns in Burma and serve the United States national interest, and (C) assistance promoting human rights and democratic values. (2) MULTILATERAL ASSISTANCE.—The Secretary of the Treasury shall instruct the United States executive director of each inter- TITLE V—GENERAL PROVISIONS—Continued FUNDS APPROPRIATED TO THE PRESIDENT national financial institution to vote against any loan or other utilization of funds of the respective bank to or for Burma. (3) VISAS.—Except as required by treaty obligations or to staff the Burmese mission to the United States, the United States should not grant entry visas to any Burmese government official.¿ ø(b) CONDITIONAL SANCTIONS.—The President is hereby authorized to prohibit, and shall prohibit United States persons from new investment in Burma, if the President determines and certifies to Congress that, after the date of enactment of this Act, the Government of Burma has physically harmed, rearrested for political acts, or exiled Daw Aung San Suu Kyi or has committed large-scale repression of or violence against the Democratic opposition.¿ ø(c) MULTILATERAL STRATEGY.—The President shall seek to develop, in coordination with members of ASEAN and other countries having major trading and investment interests in Burma, a comprehensive, multilateral strategy to bring democracy to and improve human rights practices and the quality of life in Burma, including the development of a dialogue between the State Law and Order Restoration Council (SLORC) and democratic opposition groups within Burma.¿ ø(d) PRESIDENTIAL REPORTS.—Every six months following the enactment of this Act, the President shall report to the Chairmen of the Committee on Foreign Relations, the Committee on International Relations and the House and Senate Appropriations Committees on the following: (1) progress toward democratization in Burma; (2) progress on improving the quality of life of the Burmese people, including progress on market reforms, living standards, labor standards, use of forced labor in the tourism industry, and environmental quality; and (3) progress made in developing the strategy referred to in subsection (c).¿ ø(e) WAIVER AUTHORITY.—The President shall have the authority to waive, temporarily or permanently, any sanction referred to in subsection (a) or subsection (b) if he determines and certifies to Congress that the application of such sanction would be contrary to the national security interests of the United States.¿ ø(f) DEFINITIONS.— (1) The term ‘‘international financial institutions’’ shall include the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, the Asian Development Bank, and the International Monetary Fund. (2) The term ‘‘new investment’’ shall mean any of the following activities if such an activity is undertaken pursuant to an agreement, or pursuant to the exercise of rights under such an agreement, that is entered into with the Government of Burma or a nongovernmental entity in Burma, on or after the date of the certification under subsection (b): (A) the entry into a contract that includes the economical development of resources located in Burma, or the entry into a contract providing for the general supervision and guarantee of another person’s performance of such a contract; (B) the purchase of a share of ownership, including an equity interest, in that development; (C) the entry into a contract providing for the participation in royalties, earnings, or profits in that development, without regard to the form of the participation: Provided, That the term ‘‘new investment’’ does not include the entry into, performance of, or financing of a contract to sell or purchase goods, services, or technology.¿ øREPORT REGARDING HONG KONG¿ øSEC. 571. In light of the deficiencies in reports submitted to the Congress pursuant to section 301 of the United States-Hong Kong Policy Act (22 U.S.C. 5731), the Congress directs that the additional report required to be submitted during 1997 under such section include detailed information on the status of, and other developments affecting, implementation of the Sino-British Joint Declaration on the Question of Hong King, including— (1) the Basic Law and its consistency with the Joint Declaration; (2) Beijing’s plans to replace the elected legislature with an appointed body; (3) the openness and fairness of the election of the chief executive and the executive’s accountability to the legislature; (4) the treatment of political parties; (5) the independence of the Judiciary and its ability to exercise the power of final judgment over Hong Kong law; and (6) the Bill of Rights.¿ øUSE OF FUNDS FOR PURCHASE OF PRODUCTS NOT MADE AMERICA¿ 123 IN øSEC. 572. The Administrator of the Agency for International Development shall provide a report to the appropriate committees of the Congress on the ability of the United States Government to implement a provision of law (and on the foreign policy implications of such a provision of law) which would require that United States funds could be made available to the government of a foreign country for the purchase of any equipment or products only if such purchases were to occur in such foreign country or the United States, and substantially similar equipment and products were made in the United States and available for purchase at a price that is not more than 10 percent higher than that in other countries.¿ øCONFLICT IN CHECHNYA¿ øSEC. 573. The Secretary of State shall provide to the Committees on Appropriations no later than 30 days from the date of enactment of this Act a detailed report on actions undertaken by the United States Government to resolve the conflict in Chechnya.¿ øEXTENSION OF CERTAIN ADJUDICATION PROVISIONS¿ øSEC. 575. The Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1990 (Public Law 101–167) is amended— (1) in section 599D (8 U.S.C. 1157 note)— (A) in subsection (b)(3), by striking ‘‘and 1996’’ and inserting ‘‘1996, and 1997’’; and (B) in subsection (e), by striking out ‘‘October 1, 1996’’ each place it appears and inserting ‘‘October 1, 1997’’; and (2) in section 599E (8 U.S.C. 1255 note) in subsection (b)(2), by striking out ‘‘September 30, 1996’’ and inserting ‘‘September 30, 1997’’.¿ øTRANSPARENCY OF BUDGETS¿ øSEC. 576. (a) LIMITATION.—Beginning three years after the date of the enactment of this Act, the Secretary of the Treasury shall instruct the United States Executive Director of each international financial institution to use the voice and vote of the United States to oppose any loan or other utilization of the funds of their respective institution, other than to address basic human needs, for the government of any country which the Secretary of the Treasury determines— (1) does not have in place a functioning system for a civilian audit of all receipts and expenditures that fund activities of the armed forces and security forces; (2) has not provided a summary of a current audit to the institution.¿ ø(b) DEFINITION.—For purposes of this section, the term ‘‘international financial institution’’ shall include the institutions identified in section 532(b) of this Act.¿ øGUARANTEES¿ øSEC. 577. Section 251(b)(2)(G) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended by striking ‘‘fiscal year 1994 and 1995’’ and inserting in lieu thereof ‘‘fiscal years 1994, 1995, and 1997’’ in both places that this appears.¿ øINFORMATION ON COOPERATION WITH UNITED STATES ANTITERRORISM EFFORTS IN ANNUAL COUNTRY REPORTS ON TERRORISM¿ øSEC. 578. Section 140 of the Foreign Relations Authorization Act, fiscal years 1988 and 1989 (22 U.S.C. 2656f) is amended— (1) in subsection (a)— (A) by striking ‘‘and’’ at the end of paragraph (1); (B) by striking the period at the end of paragraph (2) and inserting a semicolon; and (C) by adding at the end the following: ‘‘(3) with respect to each foreign country from which the United States Government has sought cooperation during the previous five years in the investigation or prosecution of an act of international terrorism against United States citizens or interests, information on— ‘‘(A) the extent to which the government of the foreign country is cooperating with the United States Government in apprehending, convicting, and punishing the individual or individuals responsible for the act; and ‘‘(B) the extent to which the government of the foreign country is cooperating in preventing further acts of terrorism against United States citizens in the foreign country; and 124 TITLE V—GENERAL PROVISIONS—Continued THE BUDGET FOR FISCAL YEAR 1998 øINFORMATION ON COOPERATION WITH UNITED STATES ANTITERRORISM EFFORTS IN ANNUAL COUNTRY REPORTS ON TERRORISM¿—Continued ‘‘(4) with respect to each foreign country from which the United States Government has sought cooperation during the previous five years in the prevention of an act of international terrorism against such citizens or interests, the information described in paragraph (3)(B).’’; and (2) in subsection (c)— (A) by striking ‘‘The report’’ and inserting ‘‘(1) Except as provided in paragraph (2), the report’’; (B) by indenting the margin of paragraph (1) as so designated, 2 ems; and (C) by adding at the end the following: ‘‘(2) If the Secretary of State determines that the transmittal of the information with respect to a foreign country under paragraph (3) or (4) of subsection (a) in classified form would make more likely the cooperation of the government of the foreign country as specified in such paragraph, the Secretary may transmit the information under such paragraph in classified form.’’.¿ øFEMALE GENITAL MUTILATION¿ øSEC. 579. (a) LIMITATION.—Beginning 1 year after the date of the enactment of this Act, the Secretary of the Treasury shall instruct the United States Executive Director of each international financial institution to use the voice and vote of the United States to oppose any loan or other utilization of the funds of their respective institution, other than to address basic human needs, for the government of any country which the Secretary of the Treasury determines— (1) has, as a cultural custom, a known history of the practice of female genital mutilation; and (2) has not taken steps to implement educational programs designed to prevent the practice of female genital mutilation.¿ ø(B) DEFINITION.—For purposes of this section, the term ‘‘international financial institution’’ shall include the institutions identified in section 532(b) of this Act.¿ øREQUIREMENT FOR DISCLOSURE SECRETARY OF OF FOREIGN AID STATE¿ IN REPORT OF øSEC. 580. (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 1991 (22 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 1996.¿ ø(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 1961 (22 U.S.C. 2291(e)(4)).¿ øRESTRICTIONS ON VOLUNTARY CONTRIBUTIONS AGENCIES¿ TO UNITED NATIONS øSEC. 581. (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.¿ ø(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.¿ ø(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 øHAITI¿ øSEC. 582. 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.¿ øREFUGEE STATUS FOR ADULT CHILDREN OF FORMER VIETNAMESE REEDUCATION CAMP INTERNEES RESETTLED UNDER THE ORDERLY DEPARTURE PROGRAM¿ øSEC. 584. (a) ELIGIBILITY FOR ORDERLY DEPARTURE PROGRAM.— For purposes of eligibility for the Orderly Departure Program for nationals of Vietnam, during fiscal year 1997, an alien described in subsection (b) shall be considered to be a refugee of special humanitarian concern to the United States within the meaning of section 207 of the Immigration and Nationality Act (8 U.S.C. 1157) and shall be admitted to the United States for resettlement if the alien would be admissible as an immigrant under the Immigration and Nationality Act (except as provided in section 207(c)(3) of that Act).¿ ø(b) ALIENS COVERED.—An alien described in this subsection is an alien who— (1) is the son or daughter of a national of Vietnam who— (A) was formerly interned in a reeducation camp in Vietnam by the Government of the Socialist Republic of Vietnam; and (B) has been accepted for resettlement as a refugee under the Orderly Departure Program on or after April 1, 1995; (2) is 21 years of age or older; and (3) was unmarried as of the date of acceptance of the alien’s parent for resettlement under the Orderly Departure Program.¿ ø(c) SUPERSEDES EXISTING LAW.—This section supersedes any other provision of law.¿ øNORTH KOREA¿ øSEC. 585. Ninety days after the date of enactment of this Act, and every 180 days thereafter, the Secretary of State, in consultation with the Secretary of Defense, shall provide a report in a classified or unclassified form to the Committee on Appropriations including the following information: (a) a best estimate on fuel used by the military forces of the Democratic People’s Republic of Korea (DPRK); (b) the deployment position and military training and activities of the DPRK forces and best estimate of the associated costs of these activities; (c) steps taken to reduce the DPRK level of forces; and (d) cooperation, training, or exchanges of information, technology or personnel between the DPRK and any other nation supporting the development or deployment of a ballistic missile capability.¿ øLIMITATION ON ASSISTANCE TO MEXICO¿ øSEC. 587. Not less than $2,500,000 of the funds appropriated or otherwise made available by this Act for the Government of Mexico shall be withheld from obligation until the President has determined and reported to Congress that— (1) the Government of Mexico is taking actions to reduce the amount of illegal drugs entering the United States from Mexico; and (2) the Government of Mexico— (A) is taking effective actions to apply vigorously all law enforcement resources to investigate, track, capture, incarcerate, and prosecute individuals controlling, supervising, or managing international narcotics cartels or other similar entities and the accomplices of such individuals, individuals responsible for, or otherwise involved in, corruption, and individuals involved in money-laundering; (B) is pursuing international anti-drug trafficking initiatives; (C) is cooperating fully with international efforts at narcotics interdiction; and (D) is cooperating fully with requests by the United States for assistance in investigations of money-laundering violations and is making progress toward implementation of effective laws to prohibit money-laundering.¿ øLIMITATION OF ASSISTANCE TO TURKEY¿ øSEC. 588. Not more than $22,000,000 of the funds appropriated in this Act under the heading ‘‘Economic Support Fund’’ may be made available to the Government of Turkey.¿ FUNDS APPROPRIATED TO THE PRESIDENT øCIVIL LIABILITY FOR ACTS OF STATE SPONSORED TERRORISM¿ øSEC. 589. (a) an official, employee, or agent of a foreign state designated as a state sponsor of terrorism designated under section 6(j) of the Export Administration Act of 1979 while acting within the scope of his or her office, employment, or agency shall be liable to a United States national or the national’s legal representative for personal injury or death caused by acts of that official, employee, or agent for which the courts of the United States may maintain jurisdiction under section 1605(a)(7) of title 28, United States Code, for money damages which may include economic damages, solatium, TITLE V—GENERAL PROVISIONS—Continued 125 pain, and suffering, and punitive damages if the acts were among those described in section 1605(a)(7).¿ ø(b) Provisions related to statute of limitations and limitations on discovery that would apply to an action brought under 28 U.S.C. 1605(f) and (g) shall also apply to actions brought under this section. No action shall be maintained under this action if an official, employee, or agent of the United States, while acting within the scope of his or her office, employment, or agency would not be liable for such acts if carried out within the United States.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1997.)