Full text of Budget of the United States Government - Appendix : Fiscal Year 1999 : International Assistance Programs

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INTERNATIONAL ASSISTANCE PROGRAMS
Program and Financing (in millions of dollars)

INTERNATIONAL SECURITY ASSISTANCE
Federal Funds
General and special funds:

Identification code 72–1037–0–1–152

10.00

Obligations by program activity:
Total obligations ............................................................

1997 actual

1998 est.

1999 est.

2,420

2,662

2,514

287
2,385

242 ...................
2,420
2,514

ECONOMIC SUPPORT FUND
For necessary expenses to carry out the provisions of chapter 4
of part II, ø$2,400,000,000¿ $2,513,600,000, to remain available until
øSeptember 30, 1999: 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 30 days of enactment of this
Act or by October 31, 1997, 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:
Provided further, That in exercising the authority to provide cash
transfer assistance for Israel, the President shall ensure that the
level of such assistance does not cause an adverse impact on the
total level of nonmilitary exports from the United States to such
country: Provided further, That of the funds appropriated under this
heading, not less than $150,000,000 shall be made available for Jordan: Provided further, That of the funds made available under this
heading in previous Acts making appropriations for foreign operations, export financing, and related programs, notwithstanding any
provision in any such heading in such previous Acts, up to
$116,000,000 may be allocated or made available for programs and
activities under this heading including the Middle East Peace and
Stability Fund: Provided further, That in carrying out the previous
proviso, the President should seek to ensure to the extent feasible
that not more than 1 percent of the amount specified in section
586 of this Act should be derived from funds that would otherwise
be made available for any single country: Provided further, That
funds provided for the Middle East Peace and Stability Fund by
a country in the region under the authority of section 635(d) of
the Foreign Assistance Act of 1961, and funds made available for
Jordan following the date of enactment of this Act from previous
Acts making appropriations for foreign operations, export financing,
and related programs, shall count toward meeting the earmark contained in the fourth proviso under this heading: Provided further,
That up to $10,000,000 of funds under this heading in previous foreign operations, export financing, and related programs appropriations Acts that were reprogrammed for Jordan during fiscal year
1997 shall also count toward such earmark: Provided further, That,
in order to facilitate the implementation of the fourth proviso under
this heading, the requirement of section 515 of this Act or any similar
provision of law shall not apply to the making available of funds
appropriated for a fiscal year for programs, projects, or activities
that were justified for another fiscal year: Provided further, That
for fiscal year 1998 such portions of the notification required under
section 653 of the Foreign Assistance Act of 1961 that relate to
the Middle East may be submitted to the Congress as soon as practicable, but no later than March 1, 1998: Provided further, That
during fiscal year 1998, of the local currencies generated from funds
made available under this heading for Guatemala by this Act and
prior appropriations Acts, the United States and Guatemala may
jointly program the Guatemala quetzales equivalent of a total of
up to $10,000,000 for the purpose of retiring the debt owed by universities in Guatemala to the Inter-American Development Bank¿ expended, of which not to exceed $10,000,000 may be used, notwithstanding any other provision of law, to support victims of and programs related to the Holocaust: Provided further, That notwithstanding any provision in this or any other Act, funds provided under
this heading may be used to support the Bank for Economic Cooperation and Development in the Middle East and North Africa. (Foreign
Operations, Export Financing, and Related Programs Appropriation
Act, 1998.)

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
22.21 Unobligated balance transferred to other accounts
22.30 Unobligated balance expiring ........................................
21.40

23.90
23.95
24.40

16 ................... ...................
–6 ................... ...................
–20 ................... ...................
2,662
–2,420

2,662
–2,662

2,514
–2,514

242 ................... ...................

40.00
41.00
42.00

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred to other accounts .......................................
Transferred from other accounts ...................................

43.00

Appropriation (total) ..................................................

2,385

2,420

2,514

70.00

Total new budget authority (gross) ..........................

2,385

2,420

2,514

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
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:
Uninvested .................................................................

2,363
2,420
2,514
–19 ................... ...................
41 ................... ...................

72.40

2,799
2,976
3,217
2,420
2,662
2,514
–2,226
–2,421
–2,418
–1 ................... ...................
–16 ................... ...................
2,976

3,217

3,313

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

1,214
1,012

1,285
1,136

1,292
1,126

87.00

Total outlays (gross) .................................................

2,226

2,421

2,418

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

2,385
2,226

2,420
2,421

2,514
2,418

This account supports U.S. foreign policy objectives by providing economic assistance to allies and countries in transition to democracy, supporting the Middle East peace process,
and financing economic stabilization programs, frequently in
a multi-donor context. Key objectives include:
(1) Supporting strategically significant friends and allies
through assistance designed to increase the role of the private
sector in the economy, reduce government controls over markets, enhance job creation, and improve economic growth.
(2) Developing and strengthening institutions necessary for
sustainable democracy. Typical areas of assistance include
technical assistance to administer and monitor elections, capacity-building for non-governmental organizations, judicial
training, and women’s participation in politics. Assistance is
also provided to support the transformation of the public sector to encourage democratic development, including training
to improve public administration, promote decentralization,
strengthen local governments, parliaments, independent
media and non-governmental organizations.
(3) Strengthening the capacity to manage the human dimension of the transition to democracy and a market econ927

928

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued
ECONOMIC SUPPORT FUND—Continued

omy, and to help sustain the neediest sectors of the population during the transition period.
Haiti.—The Administration is requesting a total of
$140,000,000 out of the total ESF appropriation for Haiti.
Haiti is at a pivotal juncture in its efforts to make the transformation to a democratic form of government and a free
market economy. The Administration believes these additional
resources for Haiti will be especially beneficial to show continued support for Haiti following the scheduled conclusion of
the United Nation’s peacekeeping operations in Haiti at the
end of November 1998.
Holocaust Victims Relief.—This is a contribution toward the
three-year U.S. Government donation (not to exceed $25 million) for a multilateral program of financial relief to certain
victims of Nazi persecution during World War II. Grants from
the fund will be provided through approved non-governmental
organizations with established administrative and organizational infrastructure to ensure the contributions are utilized
only for the relief of living victims, who have to date received
little or no relief and currently live below the poverty line
in their country of residence.
Object Classification (in millions of dollars)
Identification code 72–1037–0–1–152

25.2
41.0
99.0
41.0
99.9

Direct obligations:
Other services ............................................................
Grants, subsidies, and contributions ........................

1997 actual

1998 est.

1999 est.

6
2,371

5
2,657

5
2,509

Subtotal, direct obligations ..................................
Allocation Account: Grants, subsidies, and contributions ...........................................................................

2,377

2,662

2,514

Total obligations ........................................................

2,420

43 ................... ...................
2,662

2,514

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$3,296,550,000¿ $3,275,910,000: Provided, øThat of the funds appropriated under this heading, 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 made available for grants only for Egypt: Provided further,
That the funds appropriated by this paragraph for Israel shall be
disbursed within 30 days of enactment of this Act or by October
31, 1997, 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 appropriated by this paragraph, not less than
$75,000,000 shall be available for assistance for Jordan: Provided
further, That during fiscal year 1998 the President is authorized
to, and shall, direct drawdowns of defense articles from the stocks
of the Department of Defense, defense services of the Department
of Defense, and military education and training of an aggregate value
of not less than $25,000,000 under the authority of this proviso for
Jordan for the purposes of part II of the Foreign Assistance Act
of 1961, and any amount so directed shall count toward meeting
the earmark in the previous proviso: Provided further, That section
506(c) of the Foreign Assistance Act of 1961 shall apply, and section
632(d) of the Foreign Assistance Act of 1961 shall not apply, to
any such drawdown: Provided further, That of the funds appropriated
by this paragraph, a total of $18,300,000 should be available for
assistance for Estonia, Latvia, and Lithuania: Provided further, That
none of the funds made available under this heading shall be available for any non-NATO country participating in the Partnership for
Peace Program except through the regular notification procedures
of the Committees on Appropriations: Provided further,¿ That funds
appropriated by this paragraph shall be nonrepayable notwithstand-

ing any requirement in section 23 of the Arms Export Control Act:
Provided further, That funds made available under this paragraph
shall be obligated upon apportionment in accordance with paragraph
(5)(C) of title 31, United States Code, section 1501(a)ø: Provided
further, That $50,000,000 of the funds appropriated or otherwise
made available under this heading should be made available for
the purpose of facilitating the integration of Poland, Hungary, and
the Czech Republic into the North Atlantic Treaty Organization¿.
For the cost, as defined in section 502 of the Congressional Budget
Act of 1974, of direct loans authorized by section 23 of the Arms
Export Control Act as follows: cost of direct loans, ø$60,000,000¿
$20,000,000: Provided, That these funds are available to subsidize
gross obligations for the principal amount of direct loans of not to
exceed ø$657,000,000: 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 funds appropriated under this paragraph shall be made available for Greece
and Turkey only on a loan basis, and the principal amount of direct
loans for each country shall not exceed the following: $105,000,000
only for Greece and $150,000,000 only for Turkey¿ $167,000,000.
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 none
of the funds appropriated under this heading shall be available for
Sudan and Liberia: Provided further,¿ That funds made available
under this heading may be used, notwithstanding any other provision
of law, for demining, the clearance of unexploded ordnance, and related activities and may include activities implemented through nongovernmental and international organizations: Provided further, That
only those countries for which assistance was justified for the ‘‘Foreign Military Sales Financing Program’’ in the fiscal year 1989 congressional presentation for security assistance programs may utilize
funds made available under this heading for procurement of defense
articles, defense services or design and construction services that
are not sold by the United States Government under the Arms Export
Control Act: Provided further, That, subject to the regular notification
procedures of the Committees on Appropriations, funds made available under this heading for the cost of direct loans may also be
used to supplement the funds available under this heading for grants,
and funds made available under this heading for grants may also
be used to supplement the funds available under this heading for
the cost of direct loans: Provided further, That funds appropriated
under this heading shall be expended at the minimum rate necessary
to make timely payment for defense articles and services: Provided
further, That not more than ø$23,250,000¿ $29,910,000 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 sales: øProvided further, That none of the funds under this heading shall be available
for Guatemala:¿ Provided further, That not more than ø$350,000,000¿
$340,000,000 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 ø1998¿ 1999 pursuant to section 43(b) of the Arms Export Control Act, except that
this limitation may be exceeded only through the regular notification
procedures of the Committees on Appropriations. (Foreign Operations,
Export Financing, and Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 11–1082–0–1–152

1997 actual

1998 est.

1999 est.

00.01
00.02

Obligations by program activity:
Direct Program Activity [GPRA] .....................................
Direct Program Activity [GPRA] .....................................

3,266
23

3,313
30

3,246
30

10.00

Total obligations ........................................................

3,289

3,343

3,276

22.00

Budgetary resources available for obligation:
New budget authority (gross) ........................................

3,288

3,343

3,276

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
23.95

New obligations .............................................................

–3,289

40.00
42.00

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred from other accounts ...................................

–3,343

3,224
64

–3,276

929

Program and Financing (in millions of dollars)
Identification code 11–1081–0–1–152

3,297
3,276
46 ...................

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations ............................................................

43.00

Appropriation (total) ..................................................

3,288

3,343

3,276

70.00

Total new budget authority (gross) ..........................

3,288

3,343

3,276

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

43
–43

50
–50

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1,781
3,289
–2,960

2,110
3,343
–3,213

2,240
3,276
–3,178

40.00

New budget authority (gross), detail:
Appropriation ..................................................................

72.40

2,110

2,240

2,337

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

1,844
1,116

1,843
1,370

1,839
1,339

87.00

Total outlays (gross) .................................................

2,960

3,213

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.40 Adjustments in expired accounts ..................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

27
35
39
43
50
50
–34
–46
–49
–2 ................... ...................

3,178

Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

3,288
2,960

3,343
3,213

3,276
3,178

The foreign military financing (FMF) program enables selected friendly and allied countries to improve their ability
to defend themselves by financing their acquisition of U.S.
military articles, services, and training. This account provides
the grant financing portion of the FMF program. Credit financing, in the form of direct loans, is provided in the FMF
loan program account.
Object Classification (in millions of dollars)
Identification code 11–1082–0–1–152

1997 actual

1998 est.

1999 est.

25.2
41.0

Other services ................................................................
Grants, subsidies, and contributions ............................

23
3,266

30
3,313

Total obligations ........................................................

3,289

3,343

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

20
14

25
21

25
24

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

43
34

50
46

50
49

This assistance provides grants for military education and
training to military and civilian students from foreign countries. In addition to helping these countries move toward selfsufficiency in defending themselves, this program also exposes
foreign students to American democratic values, particularly
military respect for civilian rule and for internationally recognized standards of individual and human rights.

30
3,246

99.9

3,276

Object Classification (in millions of dollars)
Identification code 11–1081–0–1–152

1997 actual

1998 est.

1999 est.

26.0
41.0

INTERNATIONAL MILITARY EDUCATION

AND

TRAINING

For necessary expenses to carry out the provisions of section 541
of the Foreign Assistance Act of 1961, $50,000,000, to remain available until September 30, 2000: Provided, That the civilian personnel
for whom military education and training may be provided under
this heading may include civilians who are not members of a government whose participation would contribute to improved civil-military
relations, civilian control of the military, or respect for human
rightsø: Provided further, That funds appropriated under this heading
for grant financed military education and training for Indonesia and
Guatemala may only be available for expanded international military
education and training and funds made available for Guatemala may
only be provided through the regular notification procedures of the
Committees on Appropriations: Provided further, That none of the
funds appropriated under this heading may be made available to
support grant financed military education and training at the School
of the Americas unless: (1) the Secretary of Defense certifies that
the instruction and training provided by the School of the Americas
is fully consistent with training and doctrine, particularly with respect to the observance of human rights, provided by the Department
of Defense to United States military students at Department of Defense institutions whose primary purpose is to train United States
military personnel; (2) the Secretary of Defense certifies that the
Secretary of State, in consultation with the Secretary of Defense,
has developed and issued specific guidelines governing the selection
and screening of candidates for instruction at the School of the Americas; and (3) the Secretary of Defense submits to the Committees
on Appropriations a report detailing the training activities of the
School of the Americas and a general assessment regarding the performance of its graduates during 1996¿. (Foreign Operations, Export
Financing, and Related Programs Appropriation Act, 1998.)

Supplies and materials .................................................
Grants, subsidies, and contributions ............................

4
38

5
44

99.0
99.5

Subtotal, direct obligations ..................................
Below reporting threshold ..............................................

42
1

49
1

99.9

Total obligations ........................................................

MILITARY-TO-MILITARY CONTACT PROGRAM
Program and Financing (in millions of dollars)
Identification code 11–1084–0–1–152

1997 actual

1998 est.

1999 est.

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
3
2
1
73.20 Total outlays (gross) ...................................................... ...................
–2
–1
73.40 Adjustments in expired accounts ..................................
–1 ................... ...................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
2
1 ...................
72.40

86.93

Outlays (gross), detail:
Outlays from current balances ...................................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ................... ...................
Outlays ........................................................................... ...................
2
1

This program financed expenses associated with direct contacts between U.S. military and the military establishments
of Eastern Europe and the Baltic and Pacific regions. These
contacts were designed to promote the development of foreign

930

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued
MILITARY-TO-MILITARY CONTACT PROGRAM—Continued

military organizations that are non-political, loyal to civilian
constitutional authority, structured for defensive needs, and
respectful of human and individual rights.
PEACEKEEPING OPERATIONS
For necessary expenses to carry out the provisions of section 551
of the Foreign Assistance Act of 1961, ø$77,500,000¿ $83,000,000ø:
Provided, That none of the funds appropriated under this heading
shall be obligated or expended except as provided through the regular
notification procedures of the Committees on Appropriations¿. (Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1998).
Program and Financing (in millions of dollars)
Identification code 72–1032–0–1–152

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations (object class 41.0) ............................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

97
–97

78
–78

83
–83

40.00
42.00

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred from other accounts ...................................

43.00

Appropriation (total) ..................................................

70.00

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.40 Adjustments in expired accounts ..................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

65
78
83
32 ................... ...................

72.40

50
41
25
97
78
83
–106
–94
–81
–2 ................... ...................
41

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

68
38

54
40

57
24

87.00

Total outlays (gross) .................................................

106

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

97
106

78
94

83
81

This account funds U.S. assistance to international efforts
to monitor and maintain the peace in areas of special concern
to the United States and provides funds to other related programs carried out in furtherance of the national security interests of the United States. In 1999, contributions are
planned for the Multinational Force and Observers in the
Sinai, Europe, Africa and other regional programs, and other
activities.

Agency (IAEA) øand¿, a voluntary contribution to the Korean Peninsula Energy Development Organization (KEDO), and for a United
States contribution to the Comprehensive Nuclear Test Ban Treaty
Preparatory Commission: Provided, That of this amount not to exceed
$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 soø: 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 $30,000,000 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, 30 days prior to such obligation of funds,
the President certifies and so reports to Congress that: (1)(A) the
parties to the Agreed Framework are taking steps to assure that
progress is made on the implementation of the January 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 April 1, 1998; and (3) North Korea has not significantly diverted assistance provided by the United States for purposes
for which it was not intended: Provided further, That the President
may waive the certification requirements of the preceding proviso
if the President determines that it is vital to the national security
interests of the United States: Provided further, That no funds may
be obligated for KEDO until 30 calendar days after submission to
Congress of the waiver permitted under the preceding proviso: Provided further, That the obligation of any funds for KEDO shall be
subject to the regular notification procedures of the Committees on
Appropriations: Provided further, That the Secretary of State shall
submit to the appropriate congressional committees an annual report
(to be submitted with the annual presentation for appropriations)
providing a full and detailed accounting of the fiscal year request
for the United States contribution to KEDO, the expected operating
budget of KEDO, to include unpaid debt, proposed annual costs associated with heavy fuel oil purchases, and the amount of funds pledged
by other donor nations and organizations to support KEDO activities
on a per country basis, and other related activities: Provided further,
That of the funds made available under this heading, up to
$10,000,000 may be made available to KEDO, in addition to funds
otherwise made available under this heading for KEDO, if the Secretary of State certifies and reports to the Committees on Appropriations that, except for the funds made available under this proviso,
funds sufficient to cover all outstanding debts owed by KEDO for
heavy fuel oil have been provided to KEDO by donors other than
the United States¿. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)

NONPROLIFERATION, ANTI-TERRORISM, DEMINING
PROGRAMS

AND

For necessary expenses for nonproliferation, anti-terrorism and related programs and activities, ø$133,000,000¿ $215,900,000, 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 or the Foreign Assistance
Act of 1961 for demining, the clearance of unexploded ordnance, and
related activities, notwithstanding any other provision of law, including activities implemented through nongovernmental and international organizations, section 301 of the Foreign Assistance Act of
1961 for a voluntary contribution to the International Atomic Energy

Identification code 11–1075–0–1–152

00.01
00.02
00.03
00.04
00.05
00.06
00.07
00.08
10.00

1997 actual

1998 est.

Obligations by program activity:
Comprehensive test ban treaty prepcom ...................... ................... ...................
Demining ........................................................................
1
20
Export control ................................................................. ...................
3
Nonproliferation and disarmament assistance .............
15
15
Anti-terrorism assistance ..............................................
18
19
IAEA voluntary contribution ...........................................
36
36
KEDO payment ...............................................................
25
40
Science centers in NIS ...................................................
14 ...................
Total obligations (object class 41.0) ........................

108

133

1999 est.

29
50
5
15
21
40
35
21
216

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

90.00

931

Outlays ........................................................................... ...................

–1 ...................

21.40

23.90
23.95
24.40

1
133

1
216

109
–108

134
–133

217
–216

Status of Contract Authority (in millions of dollars)
1997 actual

Identification code 11–1088–0–1–152

0100
0360
0500

40.00
41.00
42.00

43.00

Appropriation (total) ..................................................

109

133

216

70.00

Total new budget authority (gross) ..........................

109

133

216

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested ................................................................. ...................
73.10 New obligations .............................................................
108
73.20 Total outlays (gross) ......................................................
–71
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
37

37
133
–110

60
216
–183

86
24

140
43

10.00

110

183

1998 est.

1999 est.

Balance, start of year ....................................................
4
3 ...................
Adjustments in expired accounts .................................. ...................
–3 ...................
Offsetting collections applied to liquidate contract
authority ....................................................................
–1 ................... ...................
Balance, end of year .....................................................
3 ................... ...................

21.40

151
133
216
–56 ................... ...................
14 ................... ...................

0700

This account shows financial transactions related to the
construction of two airfields in Israel that were part of the
Camp David agreement. The 1998 transactions are expected
to be the last ones in this account.

72.40

86.90
86.93
87.00

Outlays (gross), detail:
Outlays from new current authority ..............................
71
Outlays from current balances ...................................... ...................
Total outlays (gross) .................................................

109
71

133
110

216
183

This account funds contributions to certain organizations
supporting nonproliferation, and provides assistance for nonproliferation, demining, antiterrorism, and export control activities.
ASSISTANCE

RELOCATION

FACILITIES

NON-PROLIFERATION

AND

DISARMAMENT FUND

Program and Financing (in millions of dollars)
Identification code 11–1071–0–1–152

Obligations by program activity:
Total obligations ............................................................

1997 actual

1998 est.

1999 est.

5 ...................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
23.95 New obligations .............................................................
24.40 Unobligated balance available, end of year:
Uninvested .................................................................

16
–11

5 ...................
–5 ...................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

13
11
–6

18
7
5 ...................
–16
–7

7 ...................

5 ................... ...................

72.40

ISRAEL
86.93

FOR

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

Program and Financing (in millions of dollars)
Identification code 11–1088–0–1–152

1997 actual

1998 est.

1999 est.

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested ................................................................. ...................
2 ...................
24.40 Unobligated balance available, end of year:
Uninvested .................................................................
2 ................... ...................
21.40

New budget authority (gross), detail:
Spending authority from offsetting collections:
68.00
Offsetting collections (cash) .....................................
68.49
Portion applied to liquidate contract authority ........
68.90

Spending authority from offsetting collections
(total) ................................................................

2 ................... ...................
–1 ................... ...................
1 ................... ...................

Change in unpaid obligations:
72.49 Unpaid obligations, start of year: Obligated balance:
Contract authority .....................................................
4
3
73.20 Total outlays (gross) ......................................................
–1
1
73.40 Adjustments in expired accounts .................................. ...................
–3
74.49 Unpaid obligations, end of year: Obligated balance:
Contract authority .....................................................
3 ...................

86.93
86.98

This account provided financial and technical assistance to
support nonproliferation and disarmament efforts in foreign
countries, including education and training, elimination of
weapons of mass destruction, and development of export control capabilities. Starting in 1997, these activities have been
funded from the Non-Proliferation, Anti-Terrorism, Demining
and Related Programs account. This schedule reflects the
spend-out of prior-year obligations.
Object Classification (in millions of dollars)
Identification code 11–1071–0–1–152

...................
...................
...................

25.2
41.0

Other services ................................................................
Grants, subsidies, and contributions ............................

99.9

Total obligations ........................................................

1997 actual

1998 est.

1999 est.

10
5 ...................
1 ................... ...................
11

5 ...................

...................

Outlays (gross), detail:
Outlays from current balances ......................................
1 ................... ...................
Outlays from permanent balances ................................ ...................
–1 ...................

Credit accounts:
FOREIGN MILITARY FINANCING LOAN PROGRAM ACCOUNT

87.00

Total outlays (gross) .................................................

–1 ...................

Unavailable Collections (in millions of dollars)
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 ................... ...................

Identification code 11–1085–0–1–152

1997 actual

Balance, start of year:
Balance, start of year .................................................... ...................
Receipts:
02.01 Downward reestimates of subsidies ..............................
11
01.99

1998 est.

1999 est.

15 ...................

932

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
1339

Total subsidy budget authority .................................
Direct loan subsidy outlays:
1340 Subsidy outlays ..............................................................

FOREIGN MILITARY FINANCING LOAN PROGRAM ACCOUNT—
Continued
Unavailable Collections (in millions of dollars)—Continued
Identification code 11–1085–0–1–152

04.00
07.99

Total: Balances and collections ....................................
Total balance, end of year ............................................

1997 actual

11
11

1998 est.

1997 actual

Total subsidy outlays ................................................

1999 est.

26
26

Program and Financing (in millions of dollars)
Identification code 11–1085–0–1–152

1349

Credit accounts—Continued

FOREIGN MILITARY FINANCING DIRECT LOAN FINANCING ACCOUNT
Program and Financing (in millions of dollars)
Identification code 11–4122–0–3–152

1998 est.

1999 est.

Obligations by program activity:
00.01 Direct program ...............................................................
00.05 Direct program ...............................................................
00.06 Direct program ...............................................................

58
23
1

20
20
16 ...................
3 ...................

10.00

Total obligations (object class 41.0) ........................

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

82
–82

39
–39

20
–20

Obligations by program activity:
Direct program ...............................................................
298
Direct program ...............................................................
99
Direct program ...............................................................
11
Direct program ............................................................... ...................

1998 est.

1999 est.

200
167
112
148
13 ...................
2 ...................

22.00
23.95

00.01
00.02
00.03
00.04

1997 actual

10.00

New budget authority (gross), detail:
Current:
40.00
Appropriation .............................................................
41.00
Transferred to other accounts ...................................

60
–2

43.00

60.05

Appropriation (total) .............................................
Permanent:
Appropriation (indefinite) ..........................................

19 ...................

70.00

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

Total obligations ........................................................

408

327

315

22.00
23.95

Budgetary resources available for obligation:
New financing authority (gross) ....................................
New obligations .............................................................

408
–408

327
–327

315
–315

258

196

147

183
18
–51

467
–26
–310

567
–18
–381

Spending authority from offsetting collections
(total) ................................................................

150

131

168

Total new financing authority (gross) ......................

408

327

315

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Obligated balance: Uninvested .................................
72.95
Receivables from program account ..........................

1,789
184

1,692
202

1,445
176

1,973
408
–487

1,894
327
–600

1,621
315
–691

1,692
202

1,445
176

1,089
158

1,621
600

1,247
691

New financing authority (gross), detail:
Authority to borrow (indefinite) .....................................
Spending authority from offsetting collections:
68.00
Offsetting collections (cash) .....................................
68.10
Change in receivables from program account .........
68.47
Portion applied to debt reduction .............................
67.15

60
20
–40 ...................
20

72.40

68.90
70.00

184
82
–64

202
39
–65

176
20
–39

202

176

158

72.99
73.10
73.20

86.93
86.97

Outlays (gross), detail:
Outlays from current balances ......................................
Outlays from new permanent authority .........................

40
24

46
39
19 ...................

74.40
74.95

Total unpaid obligations, start of year ................
New obligations .............................................................
Total financing disbursements (gross) .........................
Unpaid obligations, end of year:
Obligated balance: Uninvested .................................
Receivables from program account ..........................

87.00

Total outlays (gross) .................................................

74.99
87.00

Total unpaid obligations, end of year ..................
Total financing disbursements (gross) .........................

1,894
487

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

82
64

39
65

20
39

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
Federal sources:
88.00
Federal sources ................................................
88.00
Federal sources ................................................
88.40
Non-Federal sources .............................................

–64
–25
–94

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.

88.90
88.95

Total, offsetting collections (cash) ..................
Change in receivables from program account ..............

–183
–18

–467
26

–567
18

89.00
90.00

Net financing authority and financing disbursements:
Financing authority ........................................................
Financing disbursements ...............................................

207
303

–114
133

–234
124

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 11–1085–0–1–152

1997 actual

1998 est.

–46
–39
–19 ...................
–402
–528

Status of Direct Loans (in millions of dollars)

1999 est.

Direct loan levels supportable by subsidy budget authority:
1150 Direct loan levels ...........................................................

297

200

167

1159

Total direct loan levels .............................................
Direct loan subsidy (in percent):
1320 Subsidy rate ...................................................................

297

200

167

13.43

10.00

13.43

10.00

11.97

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans .............................................
1112 Unobligated direct loan limitation ................................

1997 actual

1998 est.

1999 est.

540
200
167
–242 ................... ...................

11.97

1329

Identification code 11–4122–0–3–152

Weighted average subsidy rate .................................
Direct loan subsidy budget authority:
1330 Subsidy budget authority ...............................................

1150

Total direct loan obligations .....................................

298

200

167

1210
1231
1251

1,098
376
–23

1,451
471
–220

1,702
543
–322

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
1290

Outstanding, end of year ..........................................

1,451

1,702

1,923

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

Total assets ........................................
LIABILITIES:
Federal liabilities:
2103
Debt .....................................................
2105
Other ...................................................
2999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................

1996 actual

1997 actual

160
184

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
Federal sources:
88.00
Federal sources ................................................ ................... ................... ...................
88.00
Federal sources ................................................
–4
–18
–4
Non-Federal sources:
88.40
Non-Federal sources .........................................
–37
–22
–15
88.40
Non-Federal sources .........................................
–199
–219
–218

1998 est.

..................
176

–240

–259

–237

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

–192
–192

–210
–210

–191
–191

..................

202

Total, offsetting collections (cash) ..................

1999 est.

130

88.90

89.00
90.00

Balance Sheet (in millions of dollars)
Identification code 11–4122–0–3–152

933

158

Status of Direct Loans (in millions of dollars)
1997 actual

Identification code 11–4121–0–3–152

1,098
12
–143

1,451
16
–189

1,702
18
–235

1,923
21
–274

1210
1231
1251
1261
1264

967
1,630

1,278
1,562

1,485
1,317

1,670
959

1290

2,941

3,172

2,978

1,408
1,764

1,589
1,389

1,751
1,036

Outstanding, end of year ..........................................

1999 est.

2,787

1,134
1,623

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
Disbursements: Direct loan disbursements ...................
Repayments: Repayments and prepayments .................
Adjustments: Capitalized interest .................................
Write-offs for default: Other adjustments, net .............

1998 est.

7,021
6,154
5,313
14
9
8
–892
–812
–628
21 ................... ...................
–10
–38
–6
6,154

5,313

4,687

Status of Guaranteed Loans (in millions of dollars)

2,757

3,172

2,978

2,787

184

..................

3999

Total net position ................................

184

..................

4999

Total liabilities and net position ............

2,941

3,172

2,978

2,787

1997 actual

Identification code 11–4121–0–3–152

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
2251 Repayments and prepayments ......................................
2261 Adjustments: Terminations for default that result in
loans receivable ........................................................

1998 est.

1999 est.

6,129
–432

5,691
–387

5,303
–379

–6

–1

2290

Outstanding, end of year ..........................................

5,691

5,303

4,923

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

5,122

4,772

4,430

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2331
Disbursements for guaranteed loan claims .............
2364
Other adjustments, net .............................................

34
–34

10
–10

9
–9

FOREIGN MILITARY LOAN LIQUIDATING ACCOUNT
Program and Financing (in millions of dollars)
Identification code 11–4121–0–3–152

1997 actual

1998 est.

1999 est.

Obligations by program activity:
00.01 Direct program ...............................................................
00.02 Direct program ...............................................................

28
20

10
39

9
37

10.00

Total obligations (object class 33.0) ........................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

48
–48

49
–49

46
–46

236
4
–9
–199

241
18
–19
–219

233
4
–4
–218

Spending authority from offsetting collections
(total) ................................................................

Total new budget authority (gross) ..........................

New budget authority (gross), detail:
Appropriation (indefinite) ...............................................
Spending authority from offsetting collections:
Offsetting collections (cash):
68.00
Offsetting collections (cash) ................................
68.00
Offsetting collections (cash) ................................
68.27
Capital transfer to general fund ..............................
68.47
Portion applied to debt reduction .............................
60.05

68.90
70.00

As required by the Federal Credit Reform Act of 1990,
this account records all cash flows to and from the Government resulting from direct loans obligated and loan guarantees for foreign military financing committed prior to 1992.
This account is shown on a cash basis and reflects the transactions resulting from loans provided to finance sales of defense articles, defense services, and design and construction
services to foreign countries and international organizations.
All new foreign military financing credit activity in 1992 and
beyond (including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any
year) is recorded in corresponding program and financing accounts.
Statement of Operations (in millions of dollars)
1996 actual

1997 actual

0111
0112

Revenue ...................................................
Expense ....................................................

282
–293

322
–330

283
–283

252
–252

0119

Net income or loss (–) ............................

–11

–8

..................

0199

Net income or loss ..................................

–11

–8

..................

Identification code 11–4121–0–3–152

Change in unpaid obligations:
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
Outlays (gross), detail:
86.97 Outlays from new permanent authority .........................

48
–48

49
–49

46
–46

1998 est.

1999 est.

934

INTERNATIONAL SECURITY ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
1150

Credit accounts—Continued
FOREIGN MILITARY LOAN LIQUIDATING ACCOUNT—Continued

1210
1233

Balance Sheet (in millions of dollars)
Identification code 11–4121–0–3–152

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1601
Direct loans, gross ..............................
1602
Interest receivable ..............................
1604
Direct loans and interest receivable,
net ..................................................

1996 actual

1997 actual

1998 est.

1999 est.

1290

Total direct loan obligations .....................................

Outstanding, end of year ..........................................

Cumulative balance of direct loans outstanding:
Outstanding, start of year ............................................. ...................
Disbursements: Purchase of loans assets from a liquidating account .......................................................
3

1101

1699

Value of assets related to direct
loans ..........................................

1999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................
3300 Cumulative results of operations ............

..................

7,021
655

6,154
729

5,313
636

4,687
563

7,676

6,883

5,949

5,250

7,676

6,883

5,949

5,250

7,676

6,883

5,949

5,250

51
3,247
3,767

48
3,048
3,177

44
2,829
2,466

41
2,611
1,988

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from restructuring foreign military
loans. The amounts in this account are a means of financing
and are not included in budget totals.
Balance Sheet (in millions of dollars)
Identification code 11–4174–0–3–152

7,065

6,273

5,339

4,640

..................
611

..................
610

3999

Total net position ................................

611

610

4999

Total liabilities and net position ............

7,676

6,883

5,949

1996 actual

1997 actual

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 ...........................

1998 est.

1999 est.

..................

Total assets ........................................
LIABILITIES:
2103 Federal liabilities: Debt ...........................

..................

2999

Total liabilities ....................................

..................

4999

Total liabilities and net position ............

..................

1999

5,250

Object Classification (in millions of dollars)

33.0
43.0

Program and Financing (in millions of dollars)
Identification code 11–4174–0–3–152

09.01
09.02

1997 actual

Obligations by program activity:
Reimbursable program ..................................................
4
Reimbursable program .................................................. ...................

1998 est.

99.9

1999 est.

1998 est.

Investments and loans ..................................................
4
Interest and dividends ................................................... ...................
Total obligations ........................................................

1999 est.

18
1
19

4
1
5

18
1

4
1

INTERNATIONAL DEVELOPMENT ASSISTANCE
MULTILATERAL ASSISTANCE

10.00

Total obligations ........................................................

22.00
23.95

Budgetary resources available for obligation:
New financing authority (gross) ....................................
New obligations .............................................................

4
–4

19
–19

5
–5

New financing authority (gross), detail:
67.15 Authority to borrow (indefinite) .....................................
68.00 Spending authority from offsetting collections: Offsetting collections (cash) ..............................................

1997 actual

Identification code 11–4174–0–3–152

MILITARY DEBT REDUCTION FINANCING ACCOUNT

Federal Funds

70.00

Total new financing authority (gross) ......................

73.10
73.20
87.00

Change in unpaid obligations:
New obligations .............................................................
Total financing disbursements (gross) .........................
Total financing disbursements (gross) .........................

4
–4
4

19
–19
19

5
–5
5

General and special funds:
INTERNATIONAL FINANCIAL INSTITUTIONS
CONTRIBUTION TO THE INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT

For payment to the International Bank for Reconstruction and Development by the Secretary of the Treasury, for the United States
contribution to the Global Environment Facility (GEF), ø$47,500,000¿
$300,000,000, to remain available until øSeptember 30, 1999¿ expended. (Foreign Operations, Export Financing, and Related Programs
Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 11–0077–0–1–151

Offsets:
Against gross financing authority and financing disbursements:
88.00
Offsetting collections (cash) from: Federal sources

–1

–3

10.00

3
3

16
16

2
2

1997 actual

1998 est.

1999 est.

21.40

89.00
90.00

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans .............................................

1997 actual

300

7,663
35

7,663
48

7,663
300

7,698
–35

7,711
–48

7,963
–300

7,663

300

23.90
23.95
24.40

Status of Direct Loans (in millions of dollars)
Identification code 11–4174–0–3–152

Obligations by program activity:
Total obligations (object class 33.0) ............................

1998 est.

1999 est.

40.00

Total budgetary resources available for obligation
New obligations .............................................................
Unobligated balance available, end of year:
Uninvested .................................................................
New budget authority (gross), detail:
Appropriation ..................................................................

MULTILATERAL ASSISTANCE—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

191
35
–67

158
48
–37

169
300
–61

158

169

408

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

3
64

4
33

27
34

87.00

Total outlays (gross) .................................................

935

restrictions at the conclusion of the February 1997 IDA Deputies
Meeting in Paris¿. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 11–0073–0–1–151

1997 actual

1998 est.

1999 est.

48
37

700

1,035

800

22.00
23.95
35
67

Obligations by program activity:
Total obligations (object class 33.0) ............................
Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

700
–700

1,035
–1,035

800
–800

40.00

10.00

New budget authority (gross), detail:
Appropriation ..................................................................

700

1,035

800

3,282
700
–1,227

2,755
1,035
–1,057

2,733
800
–911

2,755

2,733

2,622

300
61

The International Bank for Reconstruction and Development (World Bank) finances development projects in less developed countries. By applying banking principles to the
achievement of development goals, it promotes increased economic productivity and helps developing economies meet more
of the basic needs of their people.
The IBRD also plays a vital role in providing policy advice
to borrowing countries; assisting in donor coordination and
promoting co-financing.
The IBRD made new commitments of $14.5 billion during
its 1997 fiscal year; IBRD gross disbursements were $14.0
billion. Since its establishment in 1945, the IBRD has made
loans totalling $295 billion—$147 for every $1 of U.S. paid
in capital.
The Global Environment Facility (GEF) provides technical
assistance and partial funding for developing country investments designed to provide global environmental benefits by
reducing international water pollution, and ozone depletion,
and by promoting biodiversity and energy conservation. With
its highly specific focus on global environmental issues—
where both costs and benefits are shared across international
borders—the GEF occupies a unique and increasingly important niche in the international financial institution system.
Its basic mission is to support innovative and cost-effective
pilot investments whose design and environmental benefits
can be duplicated (and financed) elsewhere. Under strong U.S.
leadership, flowing in part from our position as the largest
donor on the GEF’s governing Council, the GEF has been
making substantial progress in leveraging its limited resources. The World Bank, the UN Development Program, the
UN Environment Program and, increasingly, private investors, provide substantial cofinancing for GEF projects. Since
its inception in 1994, total GEF commitments amount to
about $1.7 billion, triggering additional cofinancing of over
$4 billion.
The initial U.S. commitment to the GEF in 1995 amounted
to $430 million, of which we have delivered $227.5 million.
As of the end of 1998, U.S. arrears will amount to $192.5
million. The Administration is negotiating a GEF–2 replenishment and intends to limit its contributions to GEF–1 levels,
and will seek Congressional authorization to contribute $430
million to GEF over four years. The 1999 request of $300
million would clear all arrears to GEF–1 and cover one year
of annual commitments to the GEF’s second funding cycle.

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

64
1,163

79
979

61
850

87.00

Total outlays (gross) .................................................

1,227

1,057

911

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

700
1,227

1,035
1,057

800
911

The International Development Association (IDA), a member of the World Bank Group, provides development financing
on highly concessional terms to the world’s poorest and least
creditworthy nations. These countries are primarily in SubSaharan Africa and South Asia, but also in Latin America,
Eastern Europe, and the former Soviet Union. IDA places
special emphasis on poverty alleviation, environmental protection, and economic reform and growth. The IDA is the largest
source of multilateral lending that is extended on concessional
terms to developing countries. Projects have to meet the same
economic, financial, and environmental standards as other
World Bank projects.
During its fiscal year 1997, IDA made new commitments
of $4.6 billion, and IDA’s gross disbursements were $6.0 billion. Since its establishment, IDA has made commitments
totalling $101.6 billion (as of June 30, 1997).
The Tenth Replenishment of IDA provides donor country
resources of about $18 billion. The United States pledged
$3.75 billion (20.86 percent share of all donor contributions)
to the replenishment. The eleventh replenishment of IDA will
provide total resources for new loan commitments of about
$22 billion over the 1997–1999 period. The United States
elected not to participate in 1997, the first year of the threeyear replenishment. The United States pledged $1.6 billion
for the last two years of the replenishment (15 percent of
total donor contributions). The 1999 request is $800 million
for the final United States contribution to the eleventh replenishment.

CONTRIBUTION TO THE INTERNATIONAL DEVELOPMENT ASSOCIATION

For payment to the International Development Association by the
Secretary of the Treasury, ø$1,034,503,100¿ $800,000,000, to remain
available until expendedø, of which $234,503,100 shall be available
to pay for the tenth replenishment: Provided, That none of the funds
may be obligated or made available until the Secretary of the Treasury certifies to the Committees on Appropriations that procurement
restrictions applicable to United States firms under the terms of
the Interim Trust Fund have been lifted from all funds which Interim
Trust Fund donors proposed to set aside for review of procurement

CONTRIBUTION TO THE INTERNATIONAL FINANCE CORPORATION

Program and Financing (in millions of dollars)
Identification code 11–0078–0–1–151

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations (object class 33.0) ............................

7 ................... ...................

22.00

Budgetary resources available for obligation:
New budget authority (gross) ........................................

7 ................... ...................

936

MULTILATERAL ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued

first U.S. contribution will not be requested before the year
2000.
During World Bank FY 1997, the MIGA issued 70 guarantees, with a maximum contingent liability of $614 million,
to facilitate aggregate direct investment of $4.7 billion. There
are no claims pending against MIGA.

INTERNATIONAL FINANCIAL INSTITUTIONS—Continued
CONTRIBUTION TO THE INTERNATIONAL FINANCE CORPORATION—

Continued
Program and Financing (in millions of dollars)—Continued
Identification code 11–0078–0–1–151

23.95

40.00

New obligations .............................................................
New budget authority (gross), detail:
Appropriation ..................................................................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1997 actual

1998 est.

1999 est.

7 ................... ...................

72.40

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

87.00

Total outlays (gross) .................................................

CONTRIBUTION TO THE INTER-AMERICAN DEVELOPMENT BANK

–7 ................... ...................

90
36
3
7 ................... ...................
–60
–33
–3
36

3 ...................

1 ................... ...................
59
33
3
60

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$20,835,000¿ $21,152,000, 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, 1998.)
Program and Financing (in millions of dollars)

3
Identification code 11–0072–0–1–151

7 ................... ...................
60
33
3

The International Finance Corporation (IFC), a member of
the World Bank Group, was established in 1956 to further
economic development by encouraging the growth of private
enterprise in developing countries. The IFC provides technical
assistance, and mobilizes loans and equity investments for
promising ventures. The IFC is now playing an important
role in the former Soviet Union and Eastern Europe’s transition to free markets and private enterprise, due to the IFC’s
special expertise in foreign investment, capital markets development, and privatization. The U.S. completed its contributions to the IFC in 1997. The IFC is not expected to require
any additional capital in the foreseeable future.
During World Bank FY 1997 the Corporation approved 246
new investments totalling $6.7 billion, and net investments
for the IFC’s own account were $3.3 billion. IFC’s committed
loan and equity portfolio (for its own account) was $10.5 billion as of June 30, 1997.

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1999 est.

Obligations by program activity:
Paid-in capital ...............................................................
Fund for special operations ...........................................

26
10

25
21

26
21

10.00

Total obligations (object class 33.0) ........................

3,798
36

3,798
46

3,798
47

3,834
–36

3,844
–46

3,845
–47

3,798

186
36
–106

116
46
–73

89
47
–36

116

100

21.40

23.90
23.95
24.40

40.00

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

72.40

86.90
86.93

Program and Financing (in millions of dollars)
1997 actual

1998 est.

00.01
00.02

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

6
100

5
68

6
31

87.00

Total outlays (gross) .................................................

106

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

36
106

46
73

47
36

CONTRIBUTION TO MULTILATERAL INVESTMENT GUARANTEE AGENCY

Identification code 11–0084–0–1–151

1997 actual

1998 est.

1999 est.

72.40

Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ................... ...................
90.00 Outlays ........................................................................... ................... ................... ...................

The Multilateral Investment Guarantee Agency (MIGA) is
an international development institution affiliated with the
World Bank Group. MIGA is designed to encourage the flow
of foreign private investment to and among developing countries by: (1) issuing guarantees against noncommercial risks
and (2) carrying out a wide range of investment promotion
activities.
Negotiations are now underway for MIGA’s first General
Capital Increase (GCI), and on related policy measures. The

The Inter-American Development Bank (IDB) promotes sustainable economic growth and development, poverty reduction,
private sector development, and good governance in Latin
America and the Caribbean through loans and technical assistance. Since its inception in 1960, the Bank has lent over
$90 billion.
The Bank lends money through: (1) the Ordinary Capital
window that lends at market-based rates; and, (2) the Fund
for Special Operations (FSO), which makes loans on
concessional terms to the region’s poorest nations.
The 1999 request includes: (1) budget authority of $25.6
million for paid-in capital subscriptions and $1,503.7 million
in program limitations for callable capital subscriptions for
payments on the U.S. contribution to the IDB’s eighth general

MULTILATERAL ASSISTANCE—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

capital increase; and, (2) budget authority of $21.2 million
for the final U.S. payment to the Eighth Replenishment of
the FSO.

CONTRIBUTION TO THE ASIAN DEVELOPMENT BANK

For payment to the Asian Development Bank by the Secretary
of the Treasury for the United States share of the paid-in portion
of the increase in capital stock, $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.
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$150,000,000¿ $250,000,000, of which ø$50,000,000¿
$150,000,000 shall be available for contributions previously due, to
remain available until expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)

in 1966, the ADB has loaned over $46.9 billion, and the
ADF has loaned over $19.1 billion. The Bank has made cumulative equity investments of $428 million.
The 1999 request includes: (1) budget authority of $13.2
million for paid-in capital subscriptions and $647.9 million
in program limitations for callable capital subscriptions for
the fourth of six installments on the U.S. subscription to
the ADB’s fourth general capital increase; and, (2) $250 million in budget authority to participate in the sixth replenishment of ADF resources, and to partially clear outstanding
unmet commitments on the U.S. share of the $4.2 billion
fifth replenishment of ADF resources.

CONTRIBUTION TO THE AFRICAN DEVELOPMENT FUND

For the United States contribution by the Secretary of the Treasury
to the increase in resources of the African Development Fund,
ø$45,000,000¿ $155,000,000, to remain available until expended øand
which shall be available for contributions previously due¿ of which
$88,333,334 shall be for contributions previously due. (Foreign Operations, Export Financing, and Related Program Appropriations Act,
1998).
Program and Financing (in millions of dollars)

Program and Financing (in millions of dollars)
Identification code 11–0076–0–1–151

1997 actual

937

1998 est.

1999 est.

00.01
00.02

Obligations by program activity:
Paid-in capital ...............................................................
Asian development fund ................................................

13
100

13
150

13
250

10.00

Total obligations (object class 33.0) ........................

113

163

263

748
113

748
163

748
263

861
–113

911
–163

1,011
–263

748

113

163

263

741
113
–181

673
163
–187

649
263
–166

Identification code 11–0079–0–1–151

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations (object class 33.0) ............................ ...................

155

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ...................
New obligations ............................................................. ...................

45
–45

155
–155

40.00

New budget authority (gross), detail:
Appropriation .................................................................. ...................

155

335
45
–72

308
155
–77

308

386

21.40

23.90
23.95
24.40

40.00

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

673

649

746

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

4
177

18
169

29
137

87.00

Total outlays (gross) .................................................

181

187

166

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

113
181

163
187

263
166

The Asian Development Bank (ADB) fosters broad-based
sustainable economic development, poverty alleviation, and
cooperation in the Asia/Pacific region. The Bank lends at market-based rates through its ordinary capital window and on
highly concessional terms to the region’s poorer nations
through the Asian Development Fund (ADF).
The United States successfully negotiated a 41 percent reduction in U.S. contributions to the seventh replenishment
of the Asian Fund.
In 1997, the Bank lent $7.7 billion of its ordinary capital
resources and extended loans and grants of $1.6 billion from
its ADF resources for development projects. Since its founding

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
420
73.10 New obligations ............................................................. ...................
73.20 Total outlays (gross) ......................................................
–85
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
335
72.40

86.93

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ...................
Outlays ...........................................................................
85

45
72

155
77

The African Development Bank (AFDB) lends at marketbased rates for economic development in countries on the
African continent. The United States joined the AFDB in
1983 when membership was open to non-regional countries.
In 1997, the AFDB financed 21 new projects worth $798
million. Since its inception in 1963, the AFDB has financed
746 projects worth over $20.6 billion.
The African Development Fund (AFDF), the concessional
lending affiliate of the African Development Bank, makes
loans to the poorest African nations. The AFDF–7 replenishment negotiations, which were concluded in May 1996,
brought about far-reaching and comprehensive restructuring
and institutional reforms. In 1997, the AFDF loaned $807
million for 84 projects. By the end of 1997 and since its
inception in 1974, cumulative AFDF lending totaled $11.4
billion for 1,267 development projects.
The 1999 request includes $155 million in budget authority:
$66.7 million for the third installment plus $88.3 million in
arrears for the first two installments on the U.S. share of
the seventh replenishment of AFDF resources.

938

MULTILATERAL ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued

NORTH AMERICAN DEVELOPMENT BANK

INTERNATIONAL FINANCIAL INSTITUTIONS—Continued
CONTRIBUTION TO THE EUROPEAN BANK FOR RECONSTRUCTION AND
DEVELOPMENT

For payment to the European Bank for Reconstruction and Development by the Secretary of the Treasury, $35,778,717, for the United
States share of the paid-in portion of the increase in capital stock,
to remain available until expended.
LIMITATION ON CALLABLE CAPITAL SUBSCRIPTIONS

The United States Governor of the European Bank for Reconstruction and Development may subscribe without fiscal year limitation
to the callable capital portion of the United States share of such
capital stock in an amount not to exceed $123,237,803. (Foreign Operations, Export Financing, and Related Programs Appropriation Act,
1998.)
Program and Financing (in millions of dollars)
Identification code 11–0088–0–1–151

10.00

Obligations by program activity:
Total obligations (object class 33.0) ............................

Budgetary resources available for obligation:
22.00 New budget authority (gross) ........................................
23.95 New obligations .............................................................
New budget authority (gross), detail:
40.00 Appropriation ..................................................................
Change in unpaid obligations:
72.40 Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1997 actual

1998 est.

øFor 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, $56,500,000, to remain available until
expended of which $250,000 shall be available for contributions previously due: Provided, That none of the funds appropriated under
this heading that are made available for the Community Adjustment
and Investment Program shall be used for purposes other than those
set out in the binational agreement establishing the Bank: Provided
further, That of the amount appropriated under this heading, not
more than $41,250,000 may be expended for the purchase of such
capital shares in fiscal year 1998.¿
øLIMITATION

1999 est.

ON CALLABLE CAPITAL SUBSCRIPTIONS¿

øThe 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, 1998.)
Program and Financing (in millions of dollars)
Identification code 11–1008–0–1–151

1997 actual

1999 est.

10.00

57 ...................

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

56
–56

57 ...................
–57 ...................

40.00

36
–36

Obligations by program activity:
Total obligations (object class 33.0) ............................

22.00
23.95

12
–12

New budget authority (gross), detail:
Appropriation ..................................................................

57 ...................

36
–36

35
12
–31

16
36
–32

19
36
–25

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

8
23

19
14

19
6

87.00

Total outlays (gross) .................................................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested ................................................................. ................... ...................
51
73.10 New obligations .............................................................
56
57 ...................
73.20 Total outlays (gross) ......................................................
–56
–6
–11
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested ................................................................. ...................
51
40
72.40

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
56
6 ...................
Outlays from current balances ...................................... ................... ...................
11

87.00
Net budget authority and outlays:
89.00 Budget authority ............................................................
90.00 Outlays ...........................................................................

1998 est.

12
31

36
32

36
25

The European Bank for Reconstruction and Development
(EBRD) supports market-oriented economic reform and democratic pluralism through predominately private sector lending
and investments in the nations of Central and Eastern Europe and the former Soviet Union. Over three-quarters of
projects approved in 1996 were in the private sector. The
United States and other shareholders signed the articles of
agreement of the EBRD on May 29, 1990, and the Bank
officially began operating on April 15, 1991.
In April 1996, shareholders approved a doubling of EBRD’s
capital base from ECU 10 billion to ECU 20 billion (approximately $24 billion). The capital increase went into effect in
April 1997, with the U.S. subscribing to its shares on December 19, 1997. Under the capital increase, paid-in contributions
constitute 22.5 percent of total capital, with the remainder
callable. The annual payment for the U.S.’s ten percent share
dropped from $70 million under the initial subscription to
$35.8 million under the capital increase. At the end of 1996,
the EBRD had approved over 450 loans and investments totalling $12.4 billion.
The 1999 request consists of $35.8 million in budget authority for paid-in capital subscriptions and $123.2 million in
program limitations for callable capital subscriptions for the
second of eight installments on the U.S. subscription to the
general capital increase.

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

56
56

57 ...................
6
11

The North American Development Bank (NADBank) provides $2–3 billion in financing for high priority environmental
infrastructure projects in the border region and, more broadly
within the United States for NAFTA-related community adjustment and investment. The Bank has begun its environmental lending and guarantee operations in both the United
States and Mexico. NADBank operations provide significant
direct benefits to U.S. citizens, particularly those in the border states. The NADBank’s capital shares ($450 million in
paid-in and $2.55 billion in callable capital) were contributed
equally by the United States and Mexico over a four-year
period. The final U.S. installment was appropriated in 1998.
The NADBank will finance environmental infrastructure
projects that have been certified by the U.S.-Mexican Border
Environment Cooperation Commission (BECC), an institution
designed to assist border states and local communities in
coordinating border clean-up. Communities on both sides of
the border have long been plagued by problems such as raw
sewage dumped in boundary waters, unsafe drinking water,
and inadequate municipal waste disposal. Based on its paidin and callable capital, the NADBank will be able to provide
partial guarantees of private sector financing and borrow in
capital markets to provide loans to help finance the projects
certified by the BECC. The NADBank has begun its environ-

MULTILATERAL ASSISTANCE—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

mental lending operations and approved financing for four
projects in 1997.
In addition, 10 percent of the U.S. and Mexican shares
of NADBank will be available for NAFTA-related community
adjustment and investment in both countries, which need not
be in the border region. In 1999, the Administration proposes
that $37 million be appropriated for the Community Adjustment and Investment Program (CAIP). This appropriation is
sought in the Treasury chapter as a domestic assistance program. The Secretary of Treasury would have the authority
to transfer CAIP funds to the NADBank or other Federal
agencies to assist in carrying out the program. The CAIP
offers financing directly and through existing federal credit
programs, such as those run by the Small Business Administration, to both new and existing businesses within communities that suffered job losses as a result of changing trade
patterns with Canada and Mexico. The program launched
its lending operations during 1997. An Advisory Committee,
which includes low income community representatives and
non-governmental organizations, helps ensure broad public
participation in the community adjustment window of the
NADBank.

939

investment constraints, for investment in human capital, and
for business infrastructure and development.
The 1999 request for the MIF is $50 million for partial
payment of outstanding U.S. commitments to the U.S. share
of MIF resources.
DEPARTMENT

OF THE

TREASURY INTERNATIONAL AFFAIRS TECHNICAL
ASSISTANCE PROGRAM

(Legislative proposal, not subject to PAYGO)
Program and Financing (in millions of dollars)
Identification code 11–1045–2–1–151

1997 actual

1998 est.

1999 est.

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$30,000,000¿ $50,000,000 to remain available
until expended, which shall be available for contributions previously
due. (Foreign Operations, Export Financing, and Related Programs
Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 11–0089–0–1–151

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations (object class 33.0) ............................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

28
–28

30
–30

50
–50

40.00

New budget authority (gross), detail:
Appropriation ..................................................................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
240
73.10 New obligations .............................................................
28
73.20 Total outlays (gross) ...................................................... ...................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
268

268
30
–45

253
50
–55

253

248

72.40

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority .............................. ...................
Outlays from current balances ...................................... ...................

1
44

1
54

87.00

Total outlays (gross) ................................................. ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
28
Outlays ........................................................................... ...................

30
45

50
55

The Multilateral Investment Fund (MIF) is a component
of the Enterprise for the Americas Initiative, a program to
unlock the potential for domestic and foreign investment and
encourage market-based capital flows. The MIF, administered
by the Inter-American Development Bank, is a multilateral
fund which provides grants and loans to support privatesector development and investment sector reforms. Special
consideration is given to reforms that encourage private foreign direct investment and promote privatization. Grants and
loans are used for technical assistance to identify and resolve

Obligations by program activity:
Technical assistance ..................................................... ................... ...................

10.00

Total obligations ........................................................ ................... ...................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................ ................... ...................
New obligations ............................................................. ................... ...................

5
–5

40.00

CONTRIBUTION

00.01

New budget authority (gross), detail:
Appropriation .................................................................. ................... ...................

73.10
74.40

89.00
90.00

Change in unpaid obligations:
New obligations ............................................................. ................... ...................
Unpaid obligations, end of year: Obligated balance:
Uninvested ................................................................. ................... ...................

5
5

Net budget authority and outlays:
Budget authority ............................................................ ................... ...................
5
Outlays ........................................................................... ................... ................... ...................

This account will provide technical assistance to other countries in support of the responsibilities of the U.S. Treasury
Department to formulate, conduct and coordinate the international financial policies of the United States. In addition
to overseeing U.S. interests in the work of international financial institutions, including the International Monetary Fund,
the World Bank and the various regional development banks,
the Treasury Department frequently has the lead responsibility for implementing fiscal and financial policy aspects of
U.S. foreign policy toward individual countries. Technical assistance provided through this account will facilitate key
short- and medium-term reforms in the policy and management areas of budget, tax, government debt, financial institutions and financial crimes enforcement.
Using funding provided under the SEED and Freedom Support Acts, U.S. Treasury Department advisors have provided
policy and management advice in the areas described above
to countries in Eastern Europe and the former Soviet Union
in their transition to market economies and democratic fiscal
structures. Beginning in 1997, advisors have also provided
assistance, using funding from USAID Development Assistance and the Economic Support Fund, to the governments
of South Africa and Haiti. The flexibility provided by direct
funding will permit the Department to be responsive when
governments make decisions to implement key fiscal and financial reforms, and allow it to act quickly to help these
governments strengthen governmental fiscal and financial institutions during crucial transition periods toward marketoriented economies.
The proposed $5 million appropriation will fully fund approximately 10 resident advisors, including selected administrative costs and intermittent expert visits in support of the
advisors. This appropriation will permit the continuation of
the program in Haiti, expansion of the program in southern
Africa, and implementation of programs in other emerging
market economies. The Treasury Department will closely coordinate with international financial institutions and with
USAID, the Department of State and other relevant U.S.

940

MULTILATERAL ASSISTANCE—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued
DEPARTMENT

OF THE TREASURY INTERNATIONAL AFFAIRS
ASSISTANCE PROGRAM—Continued

TECHNICAL

73.20
74.40

Total outlays (gross) ......................................................
Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

–307

–288

–312

Government agencies when determining where its technical
assistance program can have the greatest positive impact.

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

250
57

265
23

283
29

Object Classification (in millions of dollars)

87.00

Total outlays (gross) .................................................

307

288

312

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

272
307

294
288

314
312

Identification code 11–1045–2–1–151

41.0

1997 actual

1998 est.

1999 est.

99.5

Direct obligations: Grants, subsidies, and contributions ........................................................................... ................... ...................
Below reporting threshold .............................................. ................... ...................

4
1

99.9

Total obligations ........................................................ ................... ...................

Status of Direct Loans (in millions of dollars)
1997 actual

Identification code 72–1005–0–1–151

INTERNATIONAL ORGANIZATIONS

AND

PROGRAMS

For necessary expenses to carry out the provisions of section 301
of the Foreign Assistance Act of 1961, and of section 2 of the United
Nations Environment Program Participation Act of 1973,
ø$192,000,000: Provided, That none of the funds appropriated under
this heading shall be made available for the United Nations Fund
for Science and Technology: Provided further, That none of the funds
appropriated under this heading that are made available to the United Nations Population Fund (UNFPA) shall be made available for
activities in the People’s Republic of China: Provided further, That
not more than $25,000,000 of the funds appropriated under this heading may be made available to UNFPA: Provided further, That not
more than one-half of this amount may be provided to UNFPA before
March 1, 1998, and that no later than February 15, 1998, the Secretary of State shall submit a report to the Committees on Appropriations indicating the amount UNFPA is budgeting for the People’s
Republic of China in 1998: Provided further, That any amount
UNFPA plans to spend in the People’s Republic of China in 1998
shall be deducted from the amount of funds provided to UNFPA
after March 1, 1998, pursuant to the previous provisos: Provided
further, That with respect to any funds appropriated under this heading that are made available to UNFPA, UNFPA shall be required
to maintain such funds in a separate account and not commingle
them with any other funds: Provided further, That none of the funds
appropriated under this heading may be made available to the Korean Peninsula Energy Development Organization (KEDO) or the
International Atomic Energy Agency (IAEA): Provided further, That
not less than $4,000,000 should be made available to the World
Food Program¿ $314,000,000. (Foreign Operations, Export Financing,
and Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 72–1005–0–1–151

1997 actual

1998 est.

1999 est.

01.01
01.02
01.03
01.08

Obligations by program activity:
UNICEF ...........................................................................
UN development program ..............................................
UN population fund .......................................................
Various other organizations ...........................................

100
76
43
71

100
98
25
71

100
105
25
84

10.00

Total obligations (object class 41.0) ........................

290

294

314

23.90
23.95

Total budgetary resources available for obligation
New obligations .............................................................

294
–294

314
–314

40.00
42.00

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred from other accounts ...................................

170
102

192
314
102 ...................

43.00

Appropriation (total) ..................................................

272

294

32
–2

30
–2

1290

Total new budget authority (gross) ..........................

272

294

314

57
290

40
294

46
314

Outstanding, end of year ..........................................

In addition to its assessed payments, the United States
contributes to voluntary funds of over 25 international organizations and programs involved in a wide range of sustainable
development, humanitarian, and scientific activities. Any
funds made available for United Nations Population Fund
will not be used for activities in the People’s Republic of
China and will be maintained in a separate account and
not commingled with any other funds.
Credit accounts:
DEBT RESTRUCTURING
For the cost, as defined in section 502 of the Congressional Budget
Act of 1974, of modifying direct loans and loan guarantees, as the
President may determine, for which funds have been appropriated
or otherwise made available for programs within the International
Affairs Budget Function 150, including the cost of selling, reducing,
or canceling amounts, through debt buybacks and swaps, owed to
the United States as a result of concessional loans made to eligible
Latin American and Caribbean countries, pursuant to part IV of
the Foreign Assistance Act of 1961; of modifying concessional øloans
extended to¿ credit agreements with least developed countries, as
authorized under section 411 of the Agricultural Trade Development
and Assistance Act of 1954, as amended; and of modifying any obligation, or portion of such obligation øfor Latin American countries¿
of Honduras to pay for purchases of United States agricultural commodities guaranteed by the Commodity Credit Corporation under export credit guarantee programs authorized pursuant to section 5(f)
of the Commodity Credit Corporation Charter Act of June 29, 1948,
as amended, section 4(b) of the Food for Peace Act of 1966, as amended (Public Law 89-808), or section 202 of the Agricultural Trade
Act of 1978, as amended (Public Law 95-501); ø$27,000,000¿
$72,000,000, to remain available until expendedø: Provided, That not
to exceed $1,500,000 of such funds may be used for implementation
of improvements in the foreign credit reporting system of the United
States Government¿. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)
Unavailable Collections (in millions of dollars)
Identification code 11–0091–0–1–151

Balance, start of year:
01.99 Balance, start of year ....................................................
07.99 Total balance, end of year ............................................

314

70.00

1999 est.

34
–2

18 ................... ...................
272
294
314
290
–290

1998 est.

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1251 Repayments: Repayments and prepayments .................

1997 actual

1998 est.

6
6

1999 est.

6
6

Program and Financing (in millions of dollars)
Identification code 11–0091–0–1–151

01.01
01.02
01.03

1997 actual

1998 est.

1999 est.

Obligations by program activity:
Paris club debt reduction .............................................. ...................
26
48
Jordan debt reduction ....................................................
21 ................... ...................
Africa concessional debt initiative ................................ ................... ...................
18

AGENCY FOR INTERNATIONAL DEVELOPMENT
Federal Funds

INTERNATIONAL ASSISTANCE PROGRAMS
10.00

Total obligations (object class 41.0) ........................

25
27

31
27

32
72

52
–21

58
–26

104
–66

21.40

23.90
23.95
24.40

40.00

New budget authority (gross), detail:
Appropriation ..................................................................

73.10
73.20

Change in unpaid obligations:
New obligations .............................................................
Total outlays (gross) ......................................................

21
–21

26
–26

66
–66

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
21
Outlays from current balances ...................................... ...................

15
11

36
30

87.00

Total outlays (gross) .................................................

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

27
21

27
26

72
66

proximately $325 million in the face value of concessional
debts for qualifying African countries.
Funds allocated within the debt restructuring account are
fungible between these two programs to allow sufficient flexibility in effecting international commitments. The resulting
cash flows from debt reduction are recorded in the debt reduction financing and liquidating accounts for the Export-Import
Bank, foreign military loans, the Department of Agriculture’s
G.S.M. (Honduras only) and P.L. 480 programs, and the Agency for International Development.
Debt Buyback/Swap Program. For Latin America and the
Caribbean, the Administration proposes that debt reduction
be effected at zero cost through buybacks and swaps of eligible concessional debt, linked to commitment of local currency
payments to support environment or child survival projects.
The Administration will be seeking new authority for nocost buybacks and swaps of P.L. 480 concessional debt and
the approval of the Appropriations Committee for this program.

89.00
90.00

941

AGENCY FOR INTERNATIONAL
DEVELOPMENT
Federal Funds

Paris Club Debt Reduction. For the poorest countries, debt
reduction provides an incentive to implement macroeconomic
and structural reforms necessary to improve economic performance and creditworthiness. The combination of economic
reform and debt reduction contribute to growth and sustained
development, which can mean greater opportunities for U.S.
commercial interests in these countries. For the poorest and
most heavily indebted countries, debt reduction will be undertaken in concert with the Paris Club of creditor nations, including extraordinary debt reduction under the Heavily-Indebted Poor Countries (HIPC) debt initiative. The Administration anticipates that $37 million in appropriations will fund
debt reduction under Naples and HIPC terms for qualifying
countries. This request level, combined with funds previously
appropriated, will allow the U.S. in 1998–99 to provide approximately $1.5 billion in face value debt reduction for the
poorest countries, potentially including Cameroon, Cote
d’Ivoire, Mozambique, Tanzania, Uganda, Bolivia, and Nicaragua. For agreements implemented in the remainder of FY
1998 and subsequently, the Administration intends to obligate
funds for debt reduction at the date of the signing of a bilateral framework agreement, to be concluded at the time of
the signing of the Paris Club Agreed Minute, rather than
30 days after the conclusion of a formal U.S. bilateral debt
agreement, as is currently the practice. This change of date
for budget cost obligations is appropriate because the Paris
Club Agreed Minute is the date when the U.S. Government
commits politically to reducing debt for a particular country.
Concessional Debt Reduction for Africa. The President announced the ‘‘Partnership for Growth and Opportunity in Africa’’ on June 17, 1997. The Africa Initiative will target countries undertaking the boldest economic reforms to receive the
maximum benefits from the program. Such reforms will encompass governance issues, macroeconomic policy, trade and
investment policy, and investment in people. The best way
the United States can support Africa is by making trade
and investment—not just aid—the centerpiece of our economic
relations. To support African economic reform efforts, the Administration, at the discretion of the President, will offer to
provide 100% debt reduction of concessional debt owed to
the United States. This 100% debt reduction program will
complement Administration efforts to maximize debt relief
for the most heavily indebted poor countries under the HIPC
debt initiative. The Administration anticipates that $35 million in appropriations will fund 100% debt reduction for ap-

General and special funds:
SUSTAINABLE DEVELOPMENT ASSISTANCE
(INCLUDING

TRANSFER OF FUNDS)

For necessary expenses to carry out the provisions of sections 103
through 106 and chapter 10 of part I of the Foreign Assistance
Act of 1961, øtitle 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, $1,210,000,000¿
$1,265,798,000, to remain available until øSeptember 30, 1999¿ expended: Provided, That øof the amount appropriated under this heading, up to $22,000,000 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 $14,000,000 may be made available for the African Development
Foundation and shall be apportioned directly to that agency: Provided
further, That¿ none of the funds made available in this Act nor
any unobligated balances from prior appropriations may be made
available to any organization or program which, as determined by
the President of the United States, supports or participates in the
management of a program of coercive abortion or involuntary sterilization: Provided further, That none of the funds made available
under this heading may be used to pay for the performance of abortion as a method of family planning or to motivate or coerce any
person to practice abortions; and that in order to reduce reliance
on abortion in developing nations, funds shall be available only to
voluntary family planning projects which offer, either directly or
through referral to, or information about access to, a broad range
of family planning methods and services: Provided further, That in
awarding grants for natural family planning under section 104 of
the Foreign Assistance Act of 1961 no applicant shall be discriminated against because of such applicant’s religious or conscientious
commitment to offer only natural family planning; and, additionally,
all such applicants shall comply with the requirements of the previous proviso: Provided further, That for purposes of this or any
other Act authorizing or appropriating funds for foreign operations,
export financing, and related programs, the term ‘‘motivate’’, as it
relates to family planning assistance, shall not be construed to prohibit the provision, consistent with local law, of information or counseling about all pregnancy options: Provided further, That nothing
in this paragraph shall be construed to alter any existing statutory
prohibitions against abortion under section 104 of the Foreign Assistance Act of 1961: Provided further, That, notwithstanding section
109 of the Foreign Assistance Act of 1961, of the funds appropriated
under this heading in this Act, and of the unobligated balances of
funds previously appropriated under this heading, not to exceed
$2,500,000 øshall¿ may be transferred to ‘‘International Organizations
and Programs’’ for a contribution to the International Fund for Agricultural Development (IFAD)ø, and that any such transfer of funds
shall be subject to the regular notification procedures of the Commit-

942

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

General and special funds—Continued
SUSTAINABLE DEVELOPMENT ASSISTANCE—Continued
(INCLUDING

TRANSFER OF FUNDS)—Continued

tees on Appropriations: Provided further, That of the funds appropriated under this heading that are made available for assistance
programs for displaced and orphaned children and victims of war,
not to exceed $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 none of the funds made available under this heading may be used for any activity which is in
contravention to the Convention on International Trade in Endangered Species of Flora and Fauna (CITES).

THE BUDGET FOR FISCAL YEAR 1999
pended at the minimum rate necessary to make timely payment
for projects and activities: Provided further, That funds made available under this heading shall remain available until September 30,
1999¿. (Foreign Operations, Export Financing, and Related Programs
Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 72–1021–0–1–151

1997 actual

1998 est.

1999 est.

00.01
09.01

Obligations by program activity:
Functional development assistance ..............................
Reimbursable program ..................................................

10.00

Total obligations ........................................................

1,280

1,440

404
1,133

271 ...................
1,168
1,255

1,277
1,440
1,255
3 ................... ...................
1,255

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 under the headings ‘‘Development Assistance’’ and ‘‘Economic Support Fund’’, not less than $5,000,000
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: Provided, That funds
made available for Burma related activities under this heading may
be made available notwithstanding any other provision of law: Provided further, That provision of such funds shall be made available
subject to the regular notification procedures of the Committees on
Appropriations.¿

23.90
23.95
24.40

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 ex-

15
1,552
–1,280

1 ...................
1,440
–1,440

1,255
–1,255

271 ................... ...................

1,182
–52

1,210
–42

1,265
–10

43.00

Appropriation (total) .............................................
Permanent:
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

1,130

1,168

1,255

Total new budget authority (gross) ..........................

1,133

68.00

3 ................... ...................
1,168

1,255

72.40

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 percent
of its total annual funding for international activities from sources
other than the United States Government: Provided, That the requirements of the provisions of section 123(g) of the Foreign Assistance Act of 1961 and the provisions on private and voluntary organizations in title II of the Foreign Assistance and Related Programs
Appropriations Act, 1985 (as enacted in Public Law 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.¿
øFunds appropriated or otherwise made available under title II
of this Act should be made available to private and voluntary organizations at a level which is at least equivalent to the level provided
in fiscal year 1995. Such private and voluntary organizations shall
include those which operate on a not-for-profit basis, receive contributions from private sources, receive voluntary support from the public
and are deemed to be among the most cost-effective and successful
providers of development assistance.¿ (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)

70.00

øCAMBODIA¿
øNone of the funds appropriated in this Act may be made available
for the Government of Cambodia: Provided, That the restrictions
under this heading shall not apply to humanitarian, demining or
election-related programs or activities: Provided further, That such
funds shall be subject to the regular notification procedures of the
Committees on Appropriations: Provided further, That 30 days after
enactment of this Act, the President shall report to the Committees
on Appropriations on the results of the FBI investigation into the
bombing attack in Phnom Penh on March 30, 1997.¿
øPRIVATE

21.40

1,506
1,610
1,900
1,280
1,440
1,255
–1,165
–1,149
–1,041
2 ................... ...................
–15
–1 ...................
1,610

1,900

2,114

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

25
1,140

83
1,066

89
952

87.00

Total outlays (gross) .................................................

1,165

1,149

1,041

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 ...........................................................................

–3 ................... ...................

1,130
1,162

1,168
1,149

1,255
1,041

Sustainable Development Assistance Program.—The Sustainable Development Assistance account funds sustainable
development assistance activities that are not related to child
survival, disease prevention and basic education. While these
latter activities are funded in the Child Survival and Disease
Programs account, the Sustainable Development Assistance
account funds programs in the areas of economic growth,
democracy, family planning and global environment.
However, activities funded through both accounts are key
components of AID’s principle mission of supporting the people of developing and transitional countries in their efforts
to achieve sustainable economic and social progress. These
activities support five key USAID strategic goals:
(1) Encouraging broad-based economic growth and agricultural development, with the objectives of expanding and
strengthening critical private markets, achieving enhanced

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

agricultural development and food security, and, expanding
access to economic opportunity for the rural and urban poor.
(2) Strengthening democracy and good governance, with the
objectives of strengthening the rule of law and respect for
human rights of both men and women, encouraging credible
and competitive political processes, promoting the development of a politically active civil society, and encouraging more
transparent and accountable government institutions.
(3) Building human capacity through education and training, with the objectives of expanding access to quality basic
education, especially for girls and women, and, increasing
the contributions of institutions of higher education to sustainable development.
(4) Stabilizing the world population and protecting human
health, with the objectives of reducing unintended pregnancies, improving infant and child health and nutrition and
reducing infant and child mortality, reducing deaths, nutrition insecurity and adverse health outcomes to women as
a result of pregnancy and child birth, reducing HIV transmission and the impact of the HIV/AIDS pandemic in developing countries, and, reducing the threat of infectious diseases
of major public health importance.
(5) Protecting the world’s environment, with the objectives
of preparing national environmental management strategies,
improving conservation of biologically significant habitats, reducing the rate of growth of net emissions of greenhouse
gases, increasing the access of urban populations to adequate
environmental services, conserving energy through increased
efficiency and reliance on renewable sources, and reducing
the loss of forest area.
The 1999 Request for Sustainable Development Assistance
includes funding for two Presidential Initiatives:
(1) African Trade and Investment which includes a $30
million request for USAID to provide assistance to countries
that are attempting to implement critical economic policy reforms. The purpose of this assistance is to expand the number
of African countries that can attract U.S. and other foreign
trade and investment. By doing so, these countries should
be able to increase economic growth and employment and
reduce poverty. The initiative will provide a combination of
program and technical assistance to African nations that have
demonstrated a clear commitment to economic reform to help
them design and implement trade and investment-related
legal and institutional reforms. By increasing the access of
these countries to trade and investment, this initiative will
support the broader Africa initiative that was proposed by
the President and has been supported by the Congress.
(2) Summit of the Americas which includes a $20 million
request for USAID to provide assistance in support of the
key summit goals of increased access to basic education, reduced levels of poverty and achievement of hemispheric free
trade. Specific AID activities to be funded will include expansion of basic education in remote areas, support for increased
access to micro-finance, and technical assistance to improve
legal and institutional reforms necessary to reduce barriers
to trade and investment.
While exact allocations of Child Survival and Sustainable
Development Assistance funds will not be determined until
funds are actually appropriated, notional allocations by region
and by strategic goal are shown below (amounts are in millions of dollars):

943

Population, Health, & Nutrition .........................................................................................
Environment .......................................................................................................................
Democracy ..........................................................................................................................

780
290
137

Total ..........................................................................................................................

1,769

The above figures include the amounts for which permissive
transfers for the Development Credit Authority and the International Fund for Agricultural Development were requested.
Object Classification (in millions of dollars)
1997 actual

Identification code 72–1021–0–1–151

1998 est.

1999 est.

22.0
23.2
25.1
25.2
26.0
41.0

Direct obligations:
Transportation of things ...........................................
4
2
2
Rental payments to others ........................................ ...................
5
5
Advisory and assistance services .............................
16
15
15
Other services ............................................................
50
54
50
Supplies and materials .............................................
9 ................... ...................
Grants, subsidies, and contributions ........................
1,198
1,364
1,183

99.0
99.0

Subtotal, direct obligations ..................................
Reimbursable obligations ..............................................

99.9

Total obligations ........................................................

CHILD SURVIVAL

AND

1,277
1,440
1,255
3 ................... ...................
1,280

1,440

1,255

DISEASE PROGRAMS FUND

For necessary expenses to carry out the provisions of chapters
1 and 10 of part I of the Foreign Assistance Act of 1961, for child
survival, basic education, assistance to combat tropical and other
diseases, and related activities, in addition to funds otherwise available for such purposes, ø$650,000,000¿ $502,836,000, to remain available until expended: Provided, That this amount shall be made available for such activities as: (1) immunization programs; (2) oral rehydration programs; (3) health and nutrition programs, and related
education programs, which address the needs of mothers and children; (4) water and sanitation programs; (5) assistance for displaced
and orphaned children; (6) programs for the prevention, treatment,
and control of, and research on, tuberculosis, HIV/AIDS, polio, malaria and other diseases; and (7) øup to $98,000,000 for¿ basic education programs for childrenø; 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¿. (Foreign Operations, Export Financing, and Related Programs Appropriations Act,
1998.)
Program and Financing (in millions of dollars)
Identification code 72–1095–0–1–151

1997 actual

1998 est.

1999 est.

00.01

Obligations by program activity:
Direct program ...............................................................

463

587

504

10.00

Total obligations ........................................................

463

587

504

23.90
23.95
24.40

500
–463

37 ...................
550
504
587
–587

504
–504

37 ................... ...................

$730
298
297
363
81

Total ..........................................................................................................................

1,769

Strategic Goal Allocations:
Economic Growth ...............................................................................................................
Human Capacity Development ...........................................................................................

464
98

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred to other accounts .......................................

600
–100

43.00

Regional Allocations:
Africa ..................................................................................................................................
Asia/Near East ...................................................................................................................
Latin America/Caribbean ...................................................................................................
Global .................................................................................................................................
Other ..................................................................................................................................

40.00
41.00

Appropriation (total) ..................................................

500

550

504

70.00

Total new budget authority (gross) ..........................

500

550

504

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested ................................................................. ...................
73.10 New obligations .............................................................
463
73.20 Total outlays (gross) ......................................................
–5
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
458

458
587
–214

831
504
–469

831

866

650
504
–100 ...................

72.40

944

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued
CHILD SURVIVAL

AND

DISEASE PROGRAMS FUND—Continued

Program and Financing (in millions of dollars)—Continued
1997 actual

Identification code 72–1095–0–1–151

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
5
Outlays from current balances ...................................... ...................

1998 est.

1999 est.

39
175

36
433

87.00

Total outlays (gross) .................................................

214

469

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

500
5

550
214

504
469

This program provides economic resources to developing
countries to support programs to: (1) improve infant and child
health nutrition with the aim of reducing infant and child
mortality rates; (2) reduce HIV transmission and the impact
of the HIV/AIDS pandemic in developing countries; (3) reduce
the threat of infectious diseases of major public health importance such as polio and malaria; and (4), expand access to
quality basic education, especially for girls and women.
Object Classification (in millions of dollars)
1997 actual

Identification code 72–1095–0–1–151

21.0
25.2
41.0

Travel and transportation of persons ............................
Other services ................................................................
Grants, subsidies, and contributions ............................

99.9

Total obligations ........................................................

ASSISTANCE

FOR

EASTERN EUROPE

1998 est.

1999 est.

4 ................... ...................
25 ................... ...................
434
587
504
463

AND THE

587

504

BALTIC STATES

(a) For necessary expenses to carry out the provisions of the Foreign Assistance Act of 1961 and the Support for East European Democracy (SEED) Act of 1989, ø$485,000,000¿ $464,500,000, to remain
available until September 30, ø1999¿ 2000, 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)—
(1) the Administrator of the Agency for International Development shall provide written approval for grants and loans prior
to the obligation and expenditure of funds for such purposes, and
prior to the use of funds that have been returned or repaid to
any lending facility or grantee; and
(2) the provisions of section 532 of this Act shall apply.¿
ø(f) The President is authorized to withhold funds appropriated
under this heading made available for economic revitalization pro-

grams in Bosnia and Herzegovina, if he determines and certifies
to the Committees on Appropriations that the Federation of Bosnia
and Herzegovina has not complied with article III of annex 1–A
of the General Framework Agreement for Peace in Bosnia and
Herzegovina concerning the withdrawal of foreign forces, and that
intelligence cooperation on training, investigations, and related activities between Iranian officials and Bosnian officials has not been terminated.¿
ø(g) Not to exceed $200,000,000 of the funds appropriated under
this heading may be made available for Bosnia and Herzegovina
exclusive of assistance for police training.¿
ø(h) Not to exceed $7,000,000 of the funds made available for
Bosnia and Herzegovina may be made available for the cost, as defined in section 502 of the Congressional Budget Act of 1974, of
modifying direct loans and loan guarantees for said country.¿ (Foreign
Operations, Export Financing, and Related Programs Appropriation
Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 72–1010–0–1–151

10.00

Obligations by program activity:
Total obligations ............................................................

1997 actual

1998 est.

1999 est.

367

652

463

119
406

169 ...................
483
463

21.40

23.90
23.95
24.40

12 ................... ...................
–1 ................... ...................
536
–367

652
–652

463
–463

169 ................... ...................

40.00
41.00

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred to other accounts .......................................

475
–69

485
–2

465
–2

43.00

Appropriation (total) ..................................................

406

483

463

70.00

Total new budget authority (gross) ..........................

406

483

463

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

839
655
830
367
652
463
–539
–479
–304
–12 ................... ...................
655

830

991

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

101
438

24
455

23
280

87.00

Total outlays (gross) .................................................

539

479

304

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

406
539

483
479

463
304

This account provides funds to promote country-specific
strategies that build on common, region-wide strategic goals,
including economic restructuring, democratic transition, and
social stabilization. Authorized Support for Eastern European
Democracy (SEED) programs concentrate on: (a) the development of market economies and a strong private sector; (b)
the development and strengthening of institutions necessary
for sustainable democracy; and, (c) the improvement of the
basic quality of life in selected areas. This interagency program is coordinated out of the State Department’s Bureau
of European and Canadian Affairs.
The single largest SEED program funded in this account
is Bosnia, which remains a major Administration priority.
Reconstruction needs and support for local police continue
to be significant in this country as it moves towards stability

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

and normalcy. The request for 1999 also includes $12.5 million for the first of four tranches to capitalize a $100 million
trust fund, on a 50-50 basis, in a public-private partnership
with a number of U.S. foundations. This trust is designed
to help sustain support for democracy and economic reform
through support for non-governmental organizations in countries where U.S. direct assistance has been phased out.
Object Classification (in millions of dollars)
1997 actual

Identification code 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 ........................

1998 est.

1999 est.

2
1
15
55
291

3
1
36
107
505

3
1
36
52
371

Subtotal, direct obligations ..................................
Allocation Account: Grants, subsidies, and contributions ...........................................................................

364

652

463

Total obligations ........................................................

367

ASSISTANCE

FOR THE

3 ................... ...................

NEW INDEPENDENT STATES
SOVIET UNION

652

OF THE

463

FORMER

(a) For necessary expenses to carry out the provisions of chapter
11 of part I of the Foreign Assistance Act of 1961 and the FREEDOM
Support Act, for assistance for the new independent states of the
former Soviet Union and for related programs, ø$770,000,000¿
$925,000,000, to remain available until September 30, ø1999¿ 2000:
Provided, That the provisions of such chapter shall apply to funds
appropriated by this paragraph.
ø(b) None of the funds appropriated under this heading shall be
made available to the Government of Russia—
(1) unless that government is making progress in implementing
comprehensive economic reforms based on market principles, private ownership, negotiating repayment of commercial debt, respect
for commercial contracts, and equitable treatment of foreign private
investment;
(2) if that government applies or transfers United States assistance to any entity for the purpose of expropriating or seizing ownership or control of assets, investments, or ventures; and
(3) funds may be furnished without regard to this subsection
if the President determines that to do so is in the national interest.¿
ø(c) None of the funds appropriated under this heading shall be
made available to any government of the new independent states
of the former Soviet Union if that government directs any action
in violation of the territorial integrity or national sovereignty of any
other new independent state, such as those violations included in
the Helsinki Final Act: Provided, That such funds may be made
available without regard to the restriction in this subsection if the
President determines that to do so is in the national security interest
of the United States: Provided further, That the restriction of this
subsection shall not apply to the use of such funds for the provision
of assistance for purposes of humanitarian and refugee relief.¿
ø(d) None of the funds appropriated under this heading for the
new independent states of the former Soviet Union shall be made
available for any state to enhance its military capability: Provided,
That this restriction does not apply to demilitarization, demining,
or nonproliferation programs.¿
ø(e) Funds appropriated under this heading shall be subject to
the regular notification procedures of the Committees on Appropriations.¿
ø(f) Funds made available in this Act for assistance to the new
independent states of the former Soviet Union shall be subject to
the provisions of section 117 (relating to environment and natural
resources) of the Foreign Assistance Act of 1961.¿
ø(g)¿ (b) Funds appropriated under title II of this Act, including
funds appropriated under this heading, may be made available for
assistance for Mongolia: Provided, That funds made available for
assistance for Mongolia may be made available in accordance with
the purposes and utilizing the authorities provided in chapter 11
of part I of the Foreign Assistance Act of 1961.

945

ø(h) In issuing new task orders, entering into contracts, or making
grants, with funds appropriated under this heading or in prior appropriations Acts, for projects or activities that have as one of their
primary purposes the fostering of private sector development, the
Coordinator for United States Assistance to the New Independent
States and the implementing agency shall encourage the participation
of and give significant weight to contractors and grantees who propose investing a significant amount of their own resources (including
volunteer services and in-kind contributions) in such projects and
activities.¿
ø(i)¿ (c) Funds appropriated under this heading or in prior appropriations Acts that are or have been made available for an Enterprise
Fund may be deposited by such Fund in interest-bearing accounts
prior to the disbursement of such funds by the Fund for program
purposes. The Fund may retain for such program proposes any interest earned on such deposits without returning such interest to the
Treasury of the United States and without further appropriation by
the Congress. Funds made available for Enterprise Funds shall be
expended at the minimum rate necessary to make timely payment
for projects and activities.
ø(j)(1) Of the funds appropriated under this heading that are allocated for assistance for the Government of Russia, 50 percent shall
be withheld from obligation until the President determines and certifies in writing to the Committees on Appropriations that the Government of Russia has terminated implementation of arrangements
to provide Iran with technical expertise, training, technology, or
equipment necessary to develop a nuclear reactor, related nuclear
research facilities or programs, or ballistic missile capability.
(2) Notwithstanding paragraph (1) assistance may be provided for
the Government of Russia if the President determines and certifies
to the Committees on Appropriations that making such funds available: (A) is vital to the national security interest of the United States;
and (B) that the Government of Russia is taking meaningful steps
to limit major supply contracts and to curtail the transfer of technology and technological expertise related to activities referred to
in paragraph (1).¿
ø(k) Of the funds appropriated under this heading, not less than
$225,000,000 shall be made available for Ukraine, which sum shall
be provided with the understanding that Ukraine will undertake
significant economic reforms which are additional to those which
were undertaken in the previous fiscal year: Provided, That 50 percent of the amount made available in this subsection, exclusive of
funds made available for election related initiatives and nuclear reactor safety activities, shall be withheld from obligation and expenditure until the Secretary of State determines and certifies no later
than April 30, 1998, that the Government of Ukraine has made
significant progress toward resolving complaints made by United
States investors to the United States embassy prior to April 30,
1997: Provided further, That funds made available under this subsection, and funds appropriated for Ukraine in the Foreign Operations, Export Financing, and Related Programs Appropriations Act,
1997 as contained in Public Law 104-208 shall be made available
to complete the preparation of safety analysis reports at each nuclear
reactor in Ukraine over the next three years.¿
ø(l) Of the funds appropriated under this heading, not less than
$250,000,000 shall be made available for assistance for the Southern
Caucasus region: Provided, That of the funds provided under this
subsection 37 percent shall be made available for Georgia and 35
percent shall be made available for Armenia: Provided further, That
of the funds made available for the Southern Caucasus region, 28
percent should be used for reconstruction and remedial activities
relating to the consequences of conflicts within the region, especially
those in the vicinity of Abkhazia and Nagorno-Karabakh: Provided
further, That if the Secretary of State after May 30, 1998, determines
and reports to the relevant committees of Congress that the full
amount of reconstruction and remedial funds that may be made available under the previous proviso cannot be effectively utilized, up
to 62.5 percent of the amount provided under the previous proviso
for reconstruction and remediation may be used for other purposes
under this heading.¿
ø(m)¿ (d) Funds provided under øthe previous subsection¿ this
heading øshall¿ may be made available for humanitarian assistance
for refugees, displaced persons, and needy civilians affected by the
conflicts in the Southern Caucasus region, including those in the
vicinity of Abkhazia and Nagorno-Karabakh, notwithstanding any
other provision of this or any other Act.
ø(n)¿ (e) Funds made available under this Act or any other Act
may not be provided for assistance to the Government of Azerbaijan

946

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued
ASSISTANCE

NEW INDEPENDENT STATES
SOVIET UNION—Continued

FOR THE

OF THE

FORMER

until the President determines, and so reports to the Congress, that
the Government of Azerbaijan is taking demonstrable steps to cease
all blockades against Armenia and Nagorno-Karabakh: Provided,
That the restriction of this subsection and section 907 of the FREEDOM Support Act shall not apply to—
(1) activities to support democracy or assistance under title V
of the FREEDOM Support Act and section 1424 of Public Law
104-201;
(2) any assistance provided by the Trade and Development Agency under section 661 of the Foreign Assistance Act of 1961 (22
U.S.C. 2421); and
(3) any activity carried out by a member of the United States
and Foreign Commercial Service while acting within his or her
official capacity.
ø(o) None of the funds appropriated under this heading or in prior
appropriations legislation may be made available to establish a joint
public-private entity or organization engaged in the management of
activities or projects supported by the Defense Enterprise Fund.¿
(Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 72–1093–0–1–151

10.00

Obligations by program activity:
Total obligations ............................................................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
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
22.30 Unobligated balance expiring ........................................

1997 actual

518

1998 est.

1999 est.

990

to help address major socioeconomic dislocations where they
occur during these transitions. Funds will support economic
restructuring through helping to create conditions that encourage: trade and investment and private sector growth; improved government fiscal policy, revenue collection, and financial management; a market-oriented financial sector; and a
more efficient energy sector and a cleaner environment.
Funds will support democratic transitions through promoting
citizen participation, establishing the rule of law, and
strengthening local governments.
Program resources requested in 1999 will be increasingly
focused on the Partnership for Freedom (PFF) approach begun
in 1998. This approach is designed to achieve the mutual
economic and political goals of the United States and countries in the region. Building on traditional government-togovernment technical assistance and tailoring the overall U.S.
assistance program to unique NIS circumstances, the PFF
supports broader economic and social ties between the United
States and the NIS. It includes the development and expansion of sustainable partnerships, professional linkages, and
citizen exchanges. Programs will be increasingly aimed at
enhancing local public and private institutional capacity as
part of the comprehensive strategy to expand trade and investment, develop and strengthen small and medium enterprises, mobilize capital, reduce crime and corruption, and
build viable civil societies.

922

Object Classification (in millions of dollars)

23.90
23.95
24.40

40.00
41.00
42.00

262
470

3
922

11.8

4 ................... ...................
–8 ................... ...................
14
1 ...................
–1 ................... ...................

21.0
25.1
25.2
26.0
41.0

223
769

741
–518

993
–990

925
–922

223

New budget authority (gross), detail:
Appropriation ..................................................................
625
Transferred to other accounts .......................................
–155
Transferred from other accounts ................................... ...................

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 ............................................................
Supplies and materials .............................................
Grants, subsidies, and contributions ........................

Appropriation (total) ..................................................

470

769

1999 est.

2
1
15
60
33
381

5
5
35
110
30
805

5
5
35
110
30
737

Subtotal, direct obligations ..................................
Allocation Account: Grants, subsidies, and contributions ...........................................................................

492

990

922

Total obligations ........................................................

518

70.00

Total new budget authority (gross) ..........................

470

769

DEVELOPMENT FUND

922
922

FOR

26 ................... ...................
990

922

1,097
906
1,178
518
990
922
–705
–718
–514
–4 ................... ...................
1,178

1,586

AFRICA

Program and Financing (in millions of dollars)
Identification code 72–1014–0–1–151

906

1998 est.

770
925
–2
–3
1 ...................

43.00

Change in unpaid obligations:
72.40 Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1997 actual

Identification code 72–1093–0–1–151

21.40

1997 actual

1998 est.

1999 est.

00.01

Obligations by program activity:
Direct program ...............................................................

51 ...................

10.00

Total obligations ........................................................

51 ...................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.10 Resources available from recoveries of prior year obligations .......................................................................

51 ...................

21.40
86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

34
671

59
658

61
453

87.00

Total outlays (gross) .................................................

705

718

514

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

470
705

769
718

922
514

23.90
23.95
24.40

42.00

This account provides funds for a program of assistance
to the independent states that emerged from the former Soviet Union. These programs for the New Independent States
(NIS) have been envisioned since the outset as short-term
in nature. They are designed to jump-start the process of
political and economic transition to market democracies, and

34 ................... ...................
104
–53

51 ................... ...................

New budget authority (gross), detail:
Transferred from other accounts ................................... ...................

51 ...................
–51 ...................

1 ...................

72.40

1,316
770
534
53
51 ...................
–565
–287
–196
–34 ................... ...................

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
74.40

Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

AMERICAN SCHOOLS
770

534

AND

947

HOSPITALS ABROAD

338

Program and Financing (in millions of dollars)
Outlays (gross), detail:
86.93 Outlays from current balances ......................................

565

287

196

The Development Fund for Africa account provided development assistance to sub-Saharan African countries. The account was designed to enhance the U.S. Agency for International Development’s (USAID’s) effectiveness in meeting Africa’s development requirements. Beginning in 1996, development assistance for Africa has been appropriated under the
Sustainable Development Assistance and Child Survival and
Disease Programs accounts.
Object Classification (in millions of dollars)
Identification code 72–1014–0–1–151

25.2
41.0
99.0
41.0

99.9

Direct obligations:
Other services ............................................................
Grants, subsidies, and contributions ........................

1997 actual

1998 est.

1999 est.

3
49
52

1998 est.

1999 est.

72.40

13
–7

6
–3

3
–3

3 ...................

86.93

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

Separate funding for American Schools and Hospitals
Abroad ceased in 1994. This account contains remaining balances from prior activity. Financing of key institutions that
meet important foreign policy and developmental criteria will
be done within the regular economic and development assistance accounts.

51 ...................

Total obligations ........................................................

1997 actual

3 ...................
48 ...................

Subtotal, direct obligations ..................................
Allocation Account: Grants, subsidies, and contributions ...........................................................................

Identification code 11–1013–0–1–151

SUB-SAHARAN AFRICA DISASTER ASSISTANCE
Program and Financing (in millions of dollars)

1 ................... ...................
51 ...................

Identification code 72–1040–0–1–151

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.10 Resources available from recoveries of prior year obligations .......................................................................

1997 actual

1998 est.

1999 est.

21.40

SAHEL DEVELOPMENT PROGRAM

23.90
24.40

Program and Financing (in millions of dollars)
Identification code 72–1012–0–1–151

1997 actual

1998 est.

1999 est.

Obligations by program activity:
10.00 Total obligations (object class 41.0) ............................

1 ................... ...................

Total budgetary resources available for obligation
Unobligated balance available, end of year:
Uninvested .................................................................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1 ................... ...................
–1 ................... ...................

1 ................... ...................
3

72.40

21.40

8
6
4
–1
–2
–2
–1 ................... ...................
6

86.93
Change in unpaid obligations:
72.40 Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

3
2
1
1 ................... ...................
–1
–1 ...................
2

1 ...................

86.93

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

The goal of the Sahel Regional Program was to increase
food security and ecological balance in Sahel, West Africa.
Within that goal, the program promoted trade and investment
in the West Africa Region, encouraged regional dialogue, and
provided decision-makers with ready access to relevant information on development issues.
Since 1988 these activities have been funded from the Development Fund for Africa and Development Assistance accounts.

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

In 1993, this account provided funding for timely relief,
rehabilitation and reconstruction for disasters in Africa. Since
1994, these activities have been funded under the International Disaster Assistance Program.
INTERNATIONAL DISASTER ASSISTANCE
For necessary expenses for international disaster relief, rehabilitation, and reconstruction assistance pursuant to section 491 of the
Foreign Assistance Act of 1961, as amended, ø$190,000,000¿
$205,000,000, to remain available until expended. (Foreign Operations, Export Financing, and Related Programs Appropriation Act,
1998.)
Program and Financing (in millions of dollars)
Identification code 72–1035–0–1–151

10.00

Obligations by program activity:
Total obligations ............................................................

1997 actual

203

1998 est.

227

1999 est.

205

948

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
99.0
41.0

General and special funds—Continued
INTERNATIONAL DISASTER ASSISTANCE—Continued
Program and Financing (in millions of dollars)—Continued
Identification code 72–1035–0–1–151

1997 actual

1998 est.

99.9

40.00

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

202

Total obligations ........................................................

203

OPERATING EXPENSES
45
190

37 ...................
190
205

5 ................... ...................
240
–203

227
–227

205
–205

37 ................... ...................

190

205

226
254
303
203
227
205
–170
–178
–172
–5 ................... ...................
254

303

336

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

34
136

48
130

51
121

87.00

Total outlays (gross) .................................................

170

178

172

190
170

190
178

205
172

The International Disaster Assistance (IDA) account provides funds for two separate Offices. The Office of U.S. Foreign Disaster Assistance (OFDA) manages relief, rehabilitation, and reconstruction assistance to foreign countries struck
by natural and man-made disasters and supports disaster
prevention, mitigation and preparedness. OFDA’s program
has been placing increasing emphasis on complex emergencies; a product of ethnic and national tensions leading
to civil strife and the displacement of large numbers of people.
The $160 million request for OFDA for 1999 will be used
to provide temporary shelter, blankets, supplementary food,
potable water, medical supplies and agricultural rehabilitation aid, including seeds and hand tools.
The Office of Transition Initiatives (OTI) promotes the successful transition of countries from the initial crisis stage
of a complex emergency (frequently addressed by OFDA) to
the path of sustainable development. OTI seeks to promote
peace and stability which can include: support for demobilization and re-integration of ex-combatants into civil society;
landmine awareness; community self-help projects that reduce
tension and promote democratic processes; and conflict resolution. The 1999 request for OTI includes an increase of $15
million to $45 million. Since its inception in 1994, OTI has
established a successful track record and requires additional
funding to respond to the significant number of opportunities
for peaceful transitions from complex emergencies.
Object Classification (in millions of dollars)

11.8
21.0
25.2
26.0
41.0

Direct obligations:
Personnel compensation: Special personal services
payments ...............................................................
Travel and transportation of persons .......................
Other services ............................................................
Supplies and materials .............................................
Grants, subsidies, and contributions ........................

227

205

INTERNATIONAL

For necessary expenses to carry out the provisions of section 667,
ø$473,000,000: 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¿ $483,858,000, to remain
available until September 30, 2000. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)

86.90
86.93

Identification code 72–1035–0–1–151

205

1 ................... ...................

OF THE AGENCY FOR
DEVELOPMENT

72.40

227

1999 est.

21.40

23.90
23.95
24.40

Subtotal, direct obligations ..................................
Allocation Account: Grants, subsidies, and contributions ...........................................................................

1997 actual

4
2
20
6
170

1998 est.

5
1
18
6
197

1999 est.

5
1
17
6
176

Identification code 72–1000–0–1–151

1997 actual

1998 est.

1999 est.

00.01
00.02
09.00

Obligations by program activity:
Direct program:
Direct program ..........................................................
Foreign national separation fund .............................
Reimbursable program ..................................................

505
2
6

504
2
5

497
2
5

10.00

Total obligations ........................................................

513

511

504

40
494

32
484

16
489

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
22.30 Unobligated balance expiring ........................................
21.40

23.90
23.95
24.40

12
10
10
–1 ................... ...................
545
–513

526
–511

515
–504

New budget authority (gross), detail:
Current:
40.00
Appropriation .............................................................
42.00
Transferred from other accounts ..............................

471
17

473
484
6 ...................

43.00

Appropriation (total) .............................................
Permanent:
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

488

479

484

Total new budget authority (gross) ..........................

494

484

489

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

168
513
–460
–12

209
511
–484
–10

226
504
–479
–10

209

226

241

68.00
70.00

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 .........................

361
93
6

354
125
5

358
116
5

87.00

Total outlays (gross) .................................................

460

484

479

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

–6

–5

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

488
455

479
479

484
474

89.00
90.00

These funds cover the appropriated dollar costs of managing
U.S. Agency for International Development (USAID) pro-

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

grams, including salaries and other expenses of direct hire
personnel. USAID currently maintains resident staff in more
than 70 foreign countries as well as a headquarters in Washington, which supports field programs and manages regional
and worldwide activities.
Object Classification (in millions of dollars)
1997 actual

Identification code 72–1000–0–1–151

11.1
11.3
11.5
11.8
11.9
12.1
13.0
21.0
22.0
23.1
23.2
23.3
24.0
25.1
25.2
25.3
25.4
25.7
25.8
26.0
31.0
32.0
41.0
42.0

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
Other than full-time permanent ...........................
Other personnel compensation .............................
Special personal services payments ....................

1998 est.

162
4
10
41

1999 est.

163
4
9
37

167
4
10
38

Total personnel compensation .........................
217
213
219
Civilian personnel benefits .......................................
48
54
55
Benefits for former personnel ...................................
3
1
1
Travel and transportation of persons .......................
21
25
24
Transportation of things ...........................................
9
8
8
Rental payments to GSA ...........................................
11
25
26
Rental payments to others ........................................
35
24
24
Communications, utilities, and miscellaneous
charges .................................................................
12
12
13
Printing and reproduction .........................................
1
1
1
Advisory and assistance services .............................
5
2
3
Other services ............................................................
47
62
53
Purchases of goods and services from Government
accounts ................................................................
37
31
31
Operation and maintenance of facilities ..................
3
5
5
Operation and maintenance of equipment ...............
12
15
15
Subsistence and support of persons ........................ ................... ...................
1
Supplies and materials .............................................
7
6
6
Equipment .................................................................
32
16
13
Land and structures ..................................................
3
5 ...................
Grants, subsidies, and contributions ........................
2 ................... ...................
Insurance claims and indemnities ...........................
1
1
1

99.0
99.0
99.5

Subtotal, direct obligations ..................................
Reimbursable obligations ..............................................
Below reporting threshold ..............................................

99.9

Total obligations ........................................................

506
506
499
6
5
5
1 ................... ...................
513

511

504

86.90

Outlays (gross), detail:
Outlays from new current authority ..............................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

44
44

45
45

The 1999 request will finance the 1999 installment of the
unfunded liability created by the addition of the U.S. Agency
for International Development (USAID) Foreign Service personnel to the foreign service retirement system and by subsequent salary increases and changes in legislation affecting
benefits.
OPERATING EXPENSES OF THE AGENCY FOR INTERNATIONAL
DEVELOPMENT OFFICE OF INSPECTOR GENERAL
For necessary expenses to carry out the provisions of section 667,
ø$29,047,000¿ $33,000,000, to remain available until September 30,
ø1999¿ 2000, which sum shall be available for the Office of the
Inspector General of the Agency for International Development. (Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1998.)
Program and Financing (in millions of dollars)
Identification code 72–1007–0–1–151

Direct:
Total compensable workyears:
1001
Full-time equivalent employment ..............................
1011
Exempt Full-time equivalent employment .................
Reimbursable:
2001 Total compensable workyears: Full-time equivalent
employment ...............................................................

PAYMENT

TO THE

1997 actual

1998 est.

2,608
13

2,588
10

2,573
10

10.00

Total obligations ........................................................

9
30

10
29

4
33

39
–30

39
–35

37
–36

7
30
–25

12
35
–28

19
36
–32

21.40

23.90
23.95
24.40

New budget authority (gross), detail:
Appropriation ..................................................................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

DISABILITY

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations (object class 13.0) ............................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

44
–44

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

23
2

20
8

23
9

87.00

AND

Program and Financing (in millions of dollars)

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

30
25

29
28

33
32

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.

45
–45

Change in unpaid obligations:
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................

86.90
86.93

For payment to the ‘‘Foreign Service Retirement and Disability
Fund’’, as authorized by the Foreign Service Act of 1980,
ø$44,208,000¿ $44,552,000. (Foreign Operations, Export Financing,
and Related Programs Appropriation Act, 1998.)

New budget authority (gross), detail:
40.00 Appropriation ..................................................................

1999 est.

72.40

FOREIGN SERVICE RETIREMENT
FUND

Identification code 72–1036–0–1–153

1998 est.

Obligations by program activity:
Direct program ...............................................................

40.00

1999 est.

1997 actual

00.01

Personnel Summary
Identification code 72–1000–0–1–151

949

Object Classification (in millions of dollars)
Identification code 72–1007–0–1–151

44
–44

45
–45

11.1
11.5
11.8

Personnel compensation:
Full-time permanent ..................................................
Other personnel compensation ..................................
Special personal services payments .........................

11.9

Total personnel compensation ..............................

1997 actual

1998 est.

1999 est.

13
14
1 ...................
1
1

14
1
1

950

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued

USAID personnel, U.S. Government personnel, and their dependents. In addition, the proceeds may be used to equip,
staff, operate, and maintain such schools and hospitals.

OPERATING EXPENSES OF THE AGENCY FOR INTERNATIONAL
DEVELOPMENT OFFICE OF INSPECTOR GENERAL—Continued
Object Classification (in millions of dollars)—Continued
1997 actual

Identification code 72–1007–0–1–151

12.1
21.0
22.0
23.1
23.2
25.2
25.3

1998 est.

Intragovernmental funds:

1999 est.

ADVANCE ACQUISITION
4
2
1
1
1
1

31.0
32.0

Civilian personnel benefits ............................................
Travel and transportation of persons ............................
Transportation of things ................................................
Rental payments to GSA ................................................
Rental payments to others ............................................
Other services ................................................................
Purchases of goods and services from Government
accounts ....................................................................
Equipment ......................................................................
Land and structures ......................................................

4
4
2
2
1 ...................
2
2
1
1
4
4

2
1
1

3
1
2

99.0
99.5

Subtotal, direct obligations ..................................
Below reporting threshold ..............................................

29
1

33
2

35
1

99.9

Total obligations ........................................................

1001

Total compensable workyears: Full-time equivalent
employment ...............................................................

PROPERTY—REVOLVING FUND

Program and Financing (in millions of dollars)
1997 actual

Identification code 72–4590–0–4–151

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
24.40 Unobligated balance available, end of year:
Uninvested .................................................................

1998 est.

1999 est.

21.40

Personnel Summary
Identification code 72–1007–0–1–151

1997 actual

197

1998 est.

1999 est.

229

This revolving fund finances the acquisition and rehabilitation of U.S. Government-owned excess property, at minimal
cost, for purchase by friendly countries and eligible organizations, for use in conjunction with economic development programs. Excess property, most of it obtained from the Department of Defense, includes heavy construction equipment, vehicles, heavy machinery, electrical generating equipment, and
medical equipment and supplies. The program is self-financed
from service fees and reimbursements by equipment purchasers ultimately funded from development assistance appropriations to the Agency for International Development.

Public enterprise funds:
Balance Sheet (in millions of dollars)

PROPERTY MANAGEMENT FUND

Identification code 72–4175–0–3–151

1997 actual

Obligations by program activity:
10.00 Total obligations (object class 32.0) ............................ ...................
Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.00 New budget authority (gross) ........................................

1998 est.

1999 est.

21.40

23.90
23.95
24.40

68.00

3
2

Total budgetary resources available for obligation
5
New obligations ............................................................. ...................
Unobligated balance available, end of year:
Uninvested .................................................................
5
New budget authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

1996 actual

1997 actual

ASSETS:
1101 Federal assets: Fund balances with
Treasury ...............................................

1999

Total assets ........................................
NET POSITION:
3300 Cumulative results of operations ............

3999

Total net position ................................

4999

Total liabilities and net position ............

Identification code 72–4590–0–4–151

Program and Financing (in millions of dollars)

5
3
1 ...................
6
–3

ASSISTANCE FOR THE NEW INDEPENDENT STATES OF THE FORMER
SOVIET UNION: UKRAINE EXPORT CREDIT INSURANCE PROGRAM
ACCOUNT
Program and Financing (in millions of dollars)

1 ...................

Identification code 72–0402–0–1–151

72.40

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

1999 est.

3
–3

3 ...................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested ................................................................. ................... ...................
73.10 New obligations ............................................................. ...................
3
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested ................................................................. ...................
3

1998 est.

3
3
6

1997 actual

1998 est.

1999 est.

00.02

Obligations by program activity:
Guaranteed loan subsidy ...............................................

8 ................... ...................

10.00

Total obligations (object class 41.0) ........................

8 ................... ...................

–2

–1 ...................

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

23.90
23.95
24.40

13
–4

1 ...................
–1 ...................

9 ................... ...................
–8 ................... ...................
1 ................... ...................

11 ................... ...................
8 ................... ...................
–19 ................... ...................

Outlays (gross), detail:
Outlays from current balances ......................................

19 ................... ...................

72.40

86.93

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

89.00
90.00

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 72–0402–0–1–151

1997 actual

1998 est.

90.00

Financing disbursements ...............................................

–25

951
–1

–1

Status of Guaranteed Loans (in millions of dollars)
1997 actual

Identification code 72–4345–0–3–151

1998 est.

1999 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 ................... ................... ...................

1999 est.

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

32 ................... ...................

2159

32 ................... ...................

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................

2150
2199

Total guaranteed loan commitments ........................ ................... ................... ...................
Guaranteed amount of guaranteed loan commitments ................... ................... ...................

2210
2231
2251
2261

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
81
142
61
Disbursements of new guaranteed loans ......................
61 ................... ...................
Repayments and prepayments ...................................... ...................
–81
–61
Adjustments: Terminations for default that result in
loans receivable ........................................................ ................... ................... ...................

13.20 ................... ...................

2329

Weighted average subsidy rate .................................
13.20 ................... ...................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ............................................... ................... ................... ...................

2339

Total subsidy budget authority ................................. ................... ................... ...................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................
19 ................... ...................
Total subsidy outlays ................................................

Outstanding, end of year ..........................................

142

61 ...................

2299

2349

2290

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

142

61 ...................

19 ................... ...................

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the direct loans obligated and loan guarantees
committed in 1992 and beyond (including modifications of
direct loans or loan guarantees that resulted from obligations
or commitments in any year) as well as for the administrative
expenses of this program. The subsidy amounts are estimated
on a net present value basis. The administrative expenses
are eliminated on a cash basis.
The Ukraine Export Credit Guarantee Program, which terminated in 1997, insured U.S. exporters against the risk of
non-payment for their goods on the part of Ukrainian entities.
The program had multiple objectives, including: (a) helping
to feed the needy by pump-priming the Ukrainian agricultural
sector; (b) paving the way for the resumption of U.S.
Eximbank activity within the country; and, (c) encouraging
the requisite shift in orientation of the Ukrainian economy
from statist to private-sector led.

Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................ ................... ................... ...................
2331
Disbursements for guaranteed loan claims ............. ................... ................... ...................
2361
Write-offs of loans receivable ................................... ................... ................... ...................
2390

Outstanding, end of year ...................................... ................... ................... ...................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from direct loans obligated in 1992
and beyond (including modifications of direct loans that resulted from obligations in any year). The amounts in this
account are a means of financing and are not included in
the budget totals.
Balance Sheet (in millions of dollars)
1996 actual

1997 actual

..................
..................

..................

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

2999

Total liabilities ....................................

4999

Total liabilities and net position ............

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

Budgetary resources available for obligation:
21.40 Unobligated balance available, start of year:
Uninvested .................................................................
22.00 New financing authority (gross) ....................................
23.90
24.40

68.00

Total budgetary resources available for obligation
Unobligated balance available, end of year:
Uninvested .................................................................
New financing authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

1997 actual

1998 est.

1999 est.

26
1

27
1

–19 ................... ...................
–1
–1
–1
–5 ................... ...................

88.90

–25

1999 est.

1101

1599
1
25

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 .............................................
Total, offsetting collections (cash) ..................

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................
Net value of assets related to post–
1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross ......................................
1505
Allowance for subsidy cost (–) ...........

1998 est.

Net present value of assets related
to defaulted guaranteed loans

1999

DEBT REDUCTION, FINANCING ACCOUNT

–1

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................ ................... ................... ...................

Program and Financing (in millions of dollars)
Identification code 72–4137–0–3–151

1997 actual

Obligations by program activity:
Payment to liquidating accounts .................................. ...................
Interest on Treasury borrowing (Paris club debt reduction) ........................................................................... ...................
00.03 Interest on Treasury borrowing-EAI debt .......................
15
00.01
00.02

1998 est.

1999 est.

1
16

2
9

952

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

Intragovernmental funds—Continued
DEBT REDUCTION, FINANCING ACCOUNT—Continued

1401
1405

Program and Financing (in millions of dollars)—Continued

1499
1997 actual

Identification code 72–4137–0–3–151

10.00

Total obligations ........................................................

1998 est.

1999 est.

21.40

23.90
23.95
24.40

49 ...................
44
25
–49 ...................

64
–15

44
–44

339
–154

351
–192

383
–217

Net present value of assets related
to direct loans ...........................

227

185

159

166

228

234

159

166

228
..................

234
..................

140
19

90
28

1999

Total assets ........................................
LIABILITIES:
Federal liabilities:
Debt:
2103
Debt (EAI) .......................................
2103
Debt (Paris Club debt reduction)
2999

Total liabilities ....................................

228

234

159

118

4999

Total liabilities and net position ............

228

234

159

118

LOAN GUARANTEES

New financing authority (gross), detail:
Authority to borrow (indefinite) .....................................
6
Spending authority from offsetting collections:
68.00
Offsetting collections (cash) .....................................
57
68.47
Portion applied to debt reduction ............................. ...................
Spending authority from offsetting collections
(total) ................................................................

396
–169

49 ................... ...................

67.15

68.90

25
–25

Net value of assets related to post–
1991 direct loans receivable:
Direct loans receivable, gross ............
Allowance for subsidy cost (–) ...........

20
69
–45
24

67
–50
17

ISRAEL FINANCING ACCOUNT

Program and Financing (in millions of dollars)
Identification code 72–4119–0–3–151

1997 actual

1998 est.

1999 est.

21.40
70.00

Total new financing authority (gross) ......................

73.10
73.20
87.00

15
–15
15

44
–44
44

25
–25
25

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
Federal sources:
88.00
Federal Sources-EAI reestimate ....................... ................... ................... ...................
88.00
Federal sources—Paris club debt reduction ...................
–8
–8
88.25
Interest on uninvested funds ............................... ...................
–4
–2
88.40
Repayment of principal—EAI debt ......................
–57
–57
–57

23.90
24.40

68.00

341
56

397
88

485
31

397

485

516

397

485

516

Total, offsetting collections (cash) ..................

–57

–69

–67

89.00
90.00

6
–42

–25
–25

–42
–42

–25
–31
–63 ...................

88.90

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.25
Interest on uninvested funds ............................... ...................
88.40
Non-Federal sources .............................................
–56

–88

89.00
90.00

Total, offsetting collections (cash) ..................

–56

–31

Net financing authority and financing disbursements:
Financing authority ........................................................ ................... ................... ...................
Financing disbursements ...............................................
–56
–88
–31

Status of Direct Loans (in millions of dollars)
1997 actual

Identification code 72–4137–0–3–151

1998 est.

1999 est.

Status of Guaranteed Loans (in millions of dollars)
Identification code 72–4119–0–3–151

1997 actual

1998 est.

1999 est.

Total direct loan obligations ..................................... ................... ................... ...................

Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
396
Disbursements: Purchase of loans assets from a liquidating account ....................................................... ...................
1251 Repayments: Repayments and prepayments .................
–57

339

351

69
–57

89
–57

1290

351

383

1210
1233

Outstanding, end of year ..........................................

339

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from restructuring loans administered by the Agency for International Development.
Balance Sheet (in millions of dollars)
Identification code 72–4137–0–3–151

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................

1996 actual

1997 actual

1998 est.

1999 est.

..................

2,000 ................... ...................

2150

Total guaranteed loan commitments ........................

2,000 ................... ...................

2210
2231

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Disbursements of new guaranteed loans ......................

6,564
1,250

7,814
9,226
1,412 ...................

2290

1150

Outstanding, end of year ..........................................

7,814

9,226

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

7,814

9,226

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

953

86.93

1996 actual

1997 actual

341

463

551

582

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

341

463

551

341

397

551

582

2999

341

397

551

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

10
5

9
17

12
14

582

1101

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................

1999

Total liabilities ....................................

1999 est.

582

Identification code 72–4119–0–3–151

1998 est.

Outlays from current balances ......................................

87.00

Balance Sheet (in millions of dollars)

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
1997 actual

Identification code 72–0401–0–1–151

URBAN

AND

ENVIRONMENTAL CREDIT PROGRAM ACCOUNT

Unavailable Collections (in millions of dollars)

Balance, start of year:
01.99 Balance, start of year ....................................................
07.99 Total balance, end of year ............................................

1997 actual

1998 est.

9
9

1999 est.

9
9

Program and Financing (in millions of dollars)
Identification code 72–0401–0–1–151

1997 actual

1998 est.

1999 est.

00.02
00.09

Obligations by program activity:
Direct program ...............................................................
Direct program ...............................................................

3
6

6
6

10.00

Total obligations ........................................................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
22.30 Unobligated balance expiring ........................................

1999 est.

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

For the cost, as defined in section 502 of the Congressional Budget
Act of 1974, of guaranteed loans authorized by sections 221 and
222 of the Foreign Assistance Act of 1961, including the cost of
guaranteed loans designed to promote the urban and environmental
policies and objectives of part I of such Act, ø$3,000,000¿ $6,000,000,
to remain available until øSeptember 30, 1999¿ 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, ø$6,000,000¿ $6,053,000 to remain available
until September 30, 2000, 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, 1998.)

Identification code 72–0401–0–1–151

1998 est.

2159

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................

7.97

9.70

8.82

2329

7.97

9.70

8.82

2339

Total subsidy budget authority .................................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................

2349

Weighted average subsidy rate .................................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ...............................................

Total subsidy outlays ................................................

The Urban and Environmental Credit Program (formerly
the Housing Guaranty Program) provides long-term financing
to developing countries for innovative urban investment programs in areas such as shelter, potable water, wastewater
treatment, solid waste disposal, environmental improvement
of poor urban neighborhoods, and energy distribution. These
investments focus on improving the quality of life for the
urban poor through the development of infrastructure and
the encouragement of reforms in urban policy. The Urban
and Environmental Credit Program operates by guaranteeing
loans from U.S. private investors to borrowers in developing
countries who are implementing urban programs which have
been approved by U.S.A.I.D.
As required by the Federal Credit Reform Act of 1990,
this account records, for the Urban and Environmental Credit
Program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond, as well as administrative
expenses of this program. The subsidy amounts are estimated
on a present value basis; the administrative expenses are
estimated on a cash basis.
Object Classification (in millions of dollars)

21.40

23.90
23.95
24.40

40.00

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

4
10

9
9

7
12

8 ................... ...................
–4
–2
–2

11.1
11.8

18
–9

16
–9

17
–12

11.9
21.0
23.2
25.3

1999 est.

1
2
2
1 ................... ...................

2
1
1

1
3

1
6

99.0
99.5

Subtotal, direct obligations ..................................
Below reporting threshold ..............................................

7
2

8
1

11
1

99.9

Total personnel compensation ..............................
2
Travel and transportation of persons ............................
1
Rental payments to others ............................................ ...................
Purchases of goods and services from Government
accounts ....................................................................
1
Grants, subsidies, and contributions ............................
3

Total obligations ........................................................

38
34
26
9
9
12
–5
–17
–14
–8 ................... ...................
34

Personnel Summary
Identification code 72–0401–0–1–151

1001
Outlays (gross), detail:
Outlays from new current authority ..............................

Personnel compensation:
Full-time permanent ..................................................
Special personal services payments .........................

1998 est.

41.0

72.40

86.90

1997 actual

Identification code 72–0401–0–1–151

Total compensable workyears: Full-time equivalent
employment ...............................................................

1997 actual

1998 est.

1999 est.

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

954

THE BUDGET FOR FISCAL YEAR 1999
3999

Intragovernmental funds—Continued
URBAN

AND

ENVIRONMENTAL CREDIT PROGRAM GUARANTEED LOAN
FINANCING ACCOUNT

Total net position ................................

4999

Total liabilities and net position ............

Program and Financing (in millions of dollars)
HOUSING
1997 actual

Identification code 72–4344–0–3–151

1998 est.

1999 est.

AND

OTHER CREDIT GUARANTY PROGRAMS LIQUIDATING
ACCOUNT
Program and Financing (in millions of dollars)

21.40

Total budgetary resources available for obligation
Unobligated balance available, end of year:
Uninvested .................................................................

37
25

62
12

Identification code 72–4340–0–3–151

00.01
00.02

Obligations by program activity:
Claims payments ...........................................................
Interest on borrowing .....................................................

48
10

27
8

15
6

74
10.00

23.90
24.40

34
3

Total obligations ........................................................

New financing authority (gross), detail:
68.00 Spending authority from offsetting collections (gross):
(cash) ........................................................................

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources ..................................................... ...................
88.25
Interest on uninvested funds ...............................
–2
88.40
Non-Federal sources .............................................
–1

–19
–3
–3

–5
–4
–3

88.90

–25

1997 actual

1998 est.

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested ................................................................. ...................
22.00 New budget authority (gross) ........................................
121
22.40 Capital transfer to general fund ................................... ...................
22.60 Redemption of debt ....................................................... ...................

1999 est.

21.40

63 ...................
57
59
–47
–14
–38
–24

–12

Total, offsetting collections (cash) ..................

–3

Net financing authority and financing disbursements:
89.00 Financing authority ........................................................ ................... ................... ...................
90.00 Financing disbursements ...............................................
–2
–25
–12

23.90
23.95
24.40

60.05
68.00

Total budgetary resources available for obligation
New obligations .............................................................
Unobligated balance available, end of year:
Uninvested .................................................................
New budget authority (gross), detail:
Appropriation (indefinite) ...............................................
Spending authority from offsetting collections: Offsetting collections (cash) ..............................................

121
–58

35
–35

21
–21

63 ................... ...................

38 ...................

Total new budget authority (gross) ..........................

121

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

5
58
–58

5
35
–35

5
21
–21

70.00

Status of Guaranteed Loans (in millions of dollars)
1997 actual

Identification code 72–4344–0–3–151

1998 est.

1999 est.

72.40

Total guaranteed loan commitments ........................

86.97
86.98

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
2231 Disbursements of new guaranteed loans ......................

239
104

343
150

493
65

87.00

2290

Outstanding, end of year ..........................................

343

493

558

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

343

493

558

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees under the
Agency for International Development (USAID) Urban and
Environmental Credit Program committed in 1992 and beyond. The amounts in this account are a means of financing
and are not included in the budget totals.

Outlays (gross), detail:
Outlays from new permanent authority .........................
58
Outlays from permanent balances ................................ ...................
Total outlays (gross) .................................................

30
21
5 ...................

–27

–14

–13
–8
–5
–4

–11
–1
–5
–3

–57

–34

38 ...................
–25
–22

25
–13

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources—Payments from debt reduction
financing account ............................................ ...................
Non-Federal sources:
88.40
Receipts of principal resulting from rescheduled claims .................................................. ...................
88.40
Recoveries resulting from rescheduled claims
–56
88.40
Fees ..................................................................
–9
88.40
Interest & late pmt. collection .........................
–18
88.90

Total, offsetting collections (cash) ..................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

–83

Balance Sheet (in millions of dollars)
Identification code 72–4344–0–3–151

1996 actual

1997 actual

1998 est.

Identification code 72–4340–0–3–151

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................

1999

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

2999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................

Status of Guaranteed Loans (in millions of dollars)

1999 est.

1997 actual

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
1,950
2231 Disbursements of new guaranteed loans ......................
41
2251 Repayments and prepayments ......................................
–107
2261 Adjustments: Terminations for default that result in
loans receivable ........................................................ ...................

1998 est.

1999 est.

1,884
1,786
29 ...................
–100
–101
–27

–15

2290

Outstanding, end of year ..........................................

1,884

1,786

1,670

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

1,884

1,786

1,670

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
Addendum:
Cumulative balance of defaulted guaranteed loans
that result in loans receivable:
2310
Outstanding, start of year ........................................
2331
Disbursements for guaranteed loan claims .............
Repayments of loans receivable:
2351
Repayments of loans receivable ...........................
2351
Repayments of loans receivable (EAI) ..................
2351
Repayments of loans receivable (Paris Club debt
reduction) .........................................................
Write-offs of loans receivable:
2361
Write-offs of loans receivable ..............................
2361
Write-offs of loans receivable ..............................
2390

Outstanding, end of year ......................................

99.9

476
43

467
27

385
15

...................
–52

–11
–1

–10
–5

...................

–27

–14

...................
...................

–28
–42

–10
–74

467

385

287

As required by the Federal Credit Reform Act of 1990,
this account records, for the Urban and Environmental Credit
Program, all cash flows to and from the Government resulting
from direct loans obligated and loan guarantees committed
prior to 1992. This account is shown on a cash basis. All
new activity in this program in 1992 and beyond is recorded
in corresponding program and financing accounts.

MICRO

1996 actual

1997 actual

20
–21

35
–9

0111
0112

Revenue ...................................................
Expense ....................................................

0119

Net income or loss (–) ............................

–1

0199

Net income or loss ..................................

–1

1998 est.

9
–8

8
–6

Balance Sheet (in millions of dollars)
Identification code 72–4340–0–3–151

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1104
Agency securities, par ....................
1206 Non-Federal assets: Receivables, net .....
Net value of assets related to pre–1992
direct loans receivable and acquired defaulted guaranteed loans
receivable:
1701
Defaulted guaranteed loans, gross ....
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 ................................
3300 Cumulative results of operations ............
3500 Future funding requirements ..................

1996 actual

1997 actual

1998 est.

..................
..................

1997 actual

Obligations by program activity:
Guaranty loan subsidy—Microenterprise credits ..........
1
Administrative expenses ................................................ ...................

1998 est.

1999 est.

3
1

1
1
2

Total obligations ........................................................

1
2

2 ...................
2
2

21.40

3
–1

4
–4

2
–2

2 ................... ...................

3
1
–1

3
4
–2

5
2
–2

Outlays (gross), detail:
Outlays from new current authority .............................. ...................
Outlays from current balances ......................................
1

1
1

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

476

506

385

287

–453

–224

–215

–214

282

170

282

170

..................

287

175

5
110
5

4
85
3

14
72
3

6
48
3

..................
654

..................
385

..................
358

..................
333

774

477

447

390

182
–929
..................

183
12
–385

151
–65
–358

155
–134
–333

3999

Total net position ................................

–747

–190

–272

–312

4999

Total liabilities and net position ............

287

175

Object Classification (in millions of dollars)
Identification code 72–4340–0–3–151

42.0
43.0

10.00

40.00
..................
..................

SMALL ENTERPRISE DEVELOPMENT PROGRAM ACCOUNT

Identification code 72–0400–0–1–151

23.90
23.95
24.40

1999 est.

Program and Financing (in millions of dollars)

00.02
00.09

1999 est.

AND

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
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, ø1999¿ 2000. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)

Statement of Operations (in millions of dollars)
Identification code 72–4340–0–3–151

Total obligations ........................................................

955

Insurance claims and indemnities ................................
Interest and dividends ...................................................

1997 actual

48
10

1998 est.

27
8

1999 est.

15
6

86.90
86.93
87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

2
1

2
2

The Micro and Small Enterprise Development Program account supports private sector activities in developing countries
by providing direct loans and loan guarantees to support local
micro and small enterprises.
As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the loan guarantees committed in 1992 and beyond, as well as administrative expenses of this program.
The subsidy amounts are estimated on present value basis.
Administrative expenses are estimated on a cash basis.
The MSED program works with financial institutions to
increase the flow of credit to small businesses in developing
nations worldwide; poverty reduction requires thriving micro
and small businesses whose success depends, in turn, on the
ability to secure credit. The MSED program: (a) stimulates
the growth and expansion of private sector activity by enhancing access to credit for micro and small businesses; (b) develops innovative financing mechanisms that address imperfec-

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

956

THE BUDGET FOR FISCAL YEAR 1999

Intragovernmental funds—Continued
MICRO

AND

SMALL ENTERPRISE DEVELOPMENT PROGRAM ACCOUNT—
Continued

tions in the credit market that make it difficult for small
enterprises to get credit; and, (c) strengthens the capacity
of indigenous financial institutions to engage in micro and
small business lending through targeted training programs.
The primary tool is the Loan Portfolio Guaranty (LPG)
program which provides loan guarantees. The MSED program
also uses direct loans and guarantees to provide capital for
private voluntary organizations (PVOs) and non-governmental
organizations (NGOs) engaged in microenterprise lending activities and to create sustainable relationships between these
PVOs/NGOs and formal financial institutions. Guarantees are
combined with training and technical assistance to improve
the capacity of banks to assess small and micro business
credits and to assist borrowers to present credible proposals
to lending institutions.

1997 actual

1998 est.

New obligations ............................................................. ...................
Total financing disbursements (gross) .........................
–1
Total financing disbursements (gross) .........................
1

1 ...................
–1 ...................
1 ...................

Offsets:
Against gross financing authority and financing disbursements:
88.40
Offsetting collections (cash) from: Non-Federal
sources .................................................................. ...................

–1 ...................

89.00
90.00

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

2159

Total loan guarantee levels ......................................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ...................................................................

4.40

3.76

3.29

2329

4.40

3.76

3.29

Total subsidy budget authority .................................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................

2349

1997 actual

Identification code 72–4342–0–3–151

1998 est.

1999 est.

Position with respect to appropriations act limitation
on obligations:
1111 Limitation on direct loans ............................................. ................... ................... ...................
1131 Direct loan obligations exempt from limitation ............ ................... ................... ...................

1210
1231
1251

1999 est.

Status of Direct Loans (in millions of dollars)

1150

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 72–0400–0–1–151

73.10
73.20
87.00

1290

Total direct loan obligations ..................................... ................... ................... ...................
Cumulative balance of direct loans outstanding:
Outstanding, start of year .............................................
2
Disbursements: Direct loan disbursements ................... ...................
Repayments: Repayments and prepayments ................. ...................
Outstanding, end of year ..........................................

2
2
1 ...................
–1 ...................

Weighted average subsidy rate .................................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ...............................................
2339

Total subsidy outlays ................................................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from direct loans obligated under
the Agency for International Development (USAID) Microenterprise and Small Enterprise Development Credit Direct
Loan program in 1992 and beyond (including modifications
of direct loans that resulted from obligations in any year).
The amounts in this account are a means of financing and
are not included in the budget totals.
Balance Sheet (in millions of dollars)

Administrative expense data:
3510 Budget authority ............................................................

41.0
99.5
99.9

1997 actual

1998 est.

1999 est.

Total assets ........................................
LIABILITIES:
2201 Non-Federal liabilities: Accounts payable

1499

Direct obligations: Grants, subsidies, and contributions ........................................................................... ...................
Below reporting threshold ..............................................
1
Total obligations ........................................................

1997 actual

Identification code 72–4342–0–3–151

ASSETS:
Net value of assets related to post–
1991 direct loans receivable:
1401
Direct loans receivable, gross ............

Object Classification (in millions of dollars)
Identification code 72–0400–0–1–151

1996 actual

2999

3
1
4

1
1
2

Net present value of assets related
to direct loans ...........................

1999

Total liabilities ....................................

1998 est.

1999 est.

MICROENTERPRISE AND SMALL ENTERPRISE DEVELOPMENT CREDIT
DIRECT LOAN FINANCING ACCOUNT
MICROENTERPRISE AND SMALL ENTERPRISE DEVELOPMENT
GUARANTEED LOAN FINANCING ACCOUNT

Program and Financing (in millions of dollars)
Identification code 72–4342–0–3–151

1997 actual

1998 est.

1999 est.

Obligations by program activity:
00.01 Direct loans .................................................................... ...................

1 ...................

10.00

Total obligations ........................................................ ...................

1 ...................

Budgetary resources available for obligation:
22.00 New financing authority (gross) .................................... ...................
23.95 New obligations ............................................................. ...................

1 ...................
–1 ...................

New financing authority (gross), detail:
68.00 Spending authority from offsetting collections (gross):
Offsetting collections (cash) ..................................... ...................
...................

72.40

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................

Program and Financing (in millions of dollars)
Identification code 72–4343–0–3–151

1997 actual

1998 est.

1999 est.

00.01

Obligations by program activity:
Default claims ............................................................... ...................

10.00

Total obligations ........................................................ ...................

1
1

2
2

4
3

Total budgetary resources available for obligation
2
New obligations ............................................................. ...................
Unobligated balance available, end of year:
Uninvested .................................................................
2

4
–1

7
–1

1 ...................
1 ...................

1 ................... ...................

23.90
23.95
24.40

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS

957

73.10
73.20
87.00

3100

New financing authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

Change in unpaid obligations:
New obligations ............................................................. ...................
Total financing disbursements (gross) ......................... ...................
Total financing disbursements (gross) ......................... ...................

1
–1
1

Total net position ................................

4999

Total liabilities and net position ............

1
–1
1

PRIVATE SECTOR REVOLVING FUND LIQUIDATING ACCOUNT

–1
–1

–2
–1

88.90

–2

–3

Total, offsetting collections (cash) ..................

NET POSITION:
Appropriated capital ................................

3999

68.00

Program and Financing (in millions of dollars)

–1

1997 actual

Identification code 72–4341–0–3–151

1998 est.

1999 est.

21.40

23.90
24.40

Total budgetary resources available for obligation
Unobligated balance available, end of year:
Uninvested .................................................................

4 ...................
–4 ...................

4 ................... ...................
4 ................... ...................

Status of Guaranteed Loans (in millions of dollars)
1997 actual

Identification code 72–4343–0–3–151

1998 est.

Total guaranteed loan commitments ........................

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
26
2231 Disbursements of new guaranteed loans ......................
6
2251 Repayments and prepayments ...................................... ...................
2261 Adjustments: Terminations for default that result in
loans receivable ........................................................ ...................
2290

2299

Outstanding, end of year ..........................................
Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

New budget authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

1 ................... ...................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

–1 ................... ...................

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

–1 ................... ...................
–1 ................... ...................

68.00

1999 est.

32
33
–1

63
36
–20

–1

89.00
90.00

Status of Guaranteed Loans (in millions of dollars)
1997 actual

Identification code 72–4341–0–3–151

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
2264 Adjustments: Other adjustments, net ...........................
16

16
–8

1998 est.

1999 est.

8 ...................
–8 ...................

39
2290

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 ...............................
2361
Write-offs of loans receivable ...................................
2390

Outstanding, end of year ...................................... ...................

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees under the
Agency for International Development (USAID) Microenterprise and Small Enterprise Development Guarantee program
committed in 1992 and beyond (including modifications of
loan guarantees that resulted from commitments in any year).
The amounts in this account are a means of financing and
are not included in the budget totals.
Balance Sheet (in millions of dollars)
Identification code 72–4343–0–3–151

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................
1999

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

1996 actual

8 ................... ...................

2299
................... ...................
1
...................
1
1
................... ................... ...................
................... ................... ...................

4 ................... ...................

As required by the Federal Credit Reform Act of 1990,
this account records all cash flows to and from the Government resulting from direct loans obligated and loan guarantees committed under the Private Sector Loan Fund prior
to 1992. This account is shown on a cash basis. All new
activity in this program in 1992 and beyond is recorded in
corresponding program and financing accounts.
Balance Sheet (in millions of dollars)

1101
1599

1997 actual

1998 est.

1999 est.

..................

1996 actual

1997 actual

1998 est.

1999 est.

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................

..................

Net value of assets related to post–
1991 acquired defaulted guaranteed loans receivable: Net present
value of assets related to defaulted guaranteed loans ...............

..................

Identification code 72–4341–0–3–151

1999

Total assets ........................................
LIABILITIES:
2101 Federal liabilities: Accounts payable ......
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

Total liabilities ....................................

..................

4999
2999

2999

Total liabilities and net position ............

..................

958

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

2340

Guaranteed loan subsidy outlays:
Subsidy outlays .............................................................. ................... ...................

2349

Total subsidy outlays ................................................ ................... ...................

Intragovernmental funds—Continued
DEVELOPMENT CREDIT AUTHORITY PROGRAM ACCOUNT
For the cost of direct loans and loan guarantees, up to $15,000,000,
to be derived by transfer from funds appropriated by this Act to
carry out Part I of the Foreign Assistance Act of 1961, as amended,
and funds appropriated by this Act under the heading, ‘‘Assistance
for Eastern Europe and the Baltic States,’’ to remain available until
expended, as authorized by section 635 of the Foreign Assistance Act
of 1961: Provided, That such costs, including the cost of modifying
such loans, shall be as defined in section 502 of the Congressional
Budget Act of 1974: Provided further, That for administrative expenses
to carry out the direct and guaranteed loan programs, up to
$2,000,000 of this amount may be transferred to and merged with
the appropriation for ‘‘Operating Expenses of the Agency for International Development’’: Provided further, That the provisions of section 107A(d) (relating to general provisions applicable to the Development Credit Authority) of the Foreign Assistance Act of 1961, as contained in section 306 of H.R. 1486 as reported by the House Committee
on International Relations on May 9, 1997, shall be applicable to
direct loans and loan guarantees provided under this heading.
Program and Financing (in millions of dollars)
Identification code 72–1264–0–1–151

1997 actual

1998 est.

1999 est.

00.02

Obligations by program activity:
Guaranteed loan subsidy ............................................... ...................

10.00

Total obligations (object class 41.0) ........................ ...................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested ................................................................. ................... ...................
22.00 New budget authority (gross) ........................................ ...................
8

5
15

21.40

23.90
23.95
24.40

Total budgetary resources available for obligation ...................
New obligations ............................................................. ...................
Unobligated balance available, end of year:
Uninvested ................................................................. ...................

8
–3

20
–18

42.00

New budget authority (gross), detail:
Transferred from other accounts ................................... ...................

43.00

Appropriation (total) .................................................. ...................

70.00

Total new budget authority (gross) .......................... ...................

................... ...................
...................
3
................... ...................

3
18
–6

...................

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority .............................. ................... ...................
Outlays from current balances ...................................... ................... ...................
Total outlays (gross) ................................................. ................... ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ...................
8
Outlays ........................................................................... ................... ...................

15
6

Administrative expense data:
Budget authority ............................................................ ................... ................... ...................
Outlays from balances ................................................... ................... ................... ...................
Outlays from new authority ........................................... ................... ................... ...................

The Development Credit Authority (DCA) will permit
USAID to utilize direct loans and loan guarantees that have
market-based rates and other market-based terms and conditions to achieve sustainable development objectives where
these objectives can be achieved more effectively through the
use of credit mechanisms, as opposed to through grants or
other financing mechanisms. The DCA will only be used in
cases where credit risks can be accurately assessed, where
the specific sovereign or non-sovereign developing country obligor can responsibly undertake the credit servicing obligation,
and where the use of USAID credit mechanisms will assist
in the development of private sector mechanisms that can
sustain the development impact. Therefore, while DCA will
offer USAID an additional financing mechanism, it will not
alter the Agency’s programmatic priorities. The Agency will
continue to provide the majority of its assistance on a grant
basis and will utilize the DCA to finance sovereign and nonsovereign development projects that are both developmentally
sound and creditworthy.
The DCA is requested as a permitted transfer from funds
appropriated to carry out Part I of the Foreign Assistance
Act so that the actual amount of funds transferred for the
subsidy cost of DCA credits can be commensurate with
USAID’s credit management capabilities. USAID has undertaken an ambitious Credit Management Improvement Action
Plan and is implementing this plan with the cooperation of
the Office of Management and Budget. The Agency is currently putting a number of far-reaching credit management
reforms into effect and expects to have capabilities in place
by the end of 1998 that will allow the transfer of the entire
$15 million requested for the DCA.
As required by the Federal Credit Reform Act of 1990,
this account records, for this program, the subsidy costs associated with the direct loans obligated and loan guarantees
committed in 1992 and beyond, (including modifications of
direct loans or loan guarantees that resulted from obligations
or commitments in any year) as well as for the administrative
expenses of this program. The subsidy amounts are estimated
on a net present value basis.

4
2

87.00

3510
3580
3590

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
72.40

Program and Financing (in millions of dollars)

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 72–1264–0–1–151

1997 actual

1998 est.

1999 est.

155

2159

68.00

Total loan guarantee levels ...................................... ...................
Guaranteed loan subsidy (in percent):
2320 Subsidy rate ................................................................... ...................

155

8.44

8.39

2329

8.44

8.39

2339

Total subsidy budget authority ................................. ...................

Identification code 72–4266–0–3–151

22.00
24.40

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ................................................... ...................

Weighted average subsidy rate ................................. ...................
Guaranteed loan subsidy budget authority:
2330 Subsidy budget authority ............................................... ...................

DEVELOPMENT CREDIT AUTHORITY GUARANTEED LOAN FINANCING
ACCOUNT

1997 actual

1998 est.

Budgetary resources available for obligation:
New financing authority (gross) .................................... ................... ...................
Unobligated balance available, end of year:
Uninvested ................................................................. ................... ...................
New financing authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) ..................................... ................... ...................

1999 est.

7
7

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources: Subsidy payments from program account ................................................... ................... ...................
–6
88.25
Interest on uninvested funds ............................... ................... ................... ...................
88.40
Non-Federal sources: Fees .................................... ................... ...................
–1

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Trust Funds

INTERNATIONAL ASSISTANCE PROGRAMS
88.90

89.00
90.00

Total, offsetting collections (cash) .................. ................... ...................

–7

1997 actual

2210
2231
2251
2261

1998 est.

1999 est.

Total guaranteed loan commitments ........................ ...................
36
214
Guaranteed amount of guaranteed loan commitments ................... ................... ...................
Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Disbursements of new guaranteed loans ......................
Repayments and prepayments ......................................
Adjustments: Terminations for default that result in
loans receivable ........................................................

................... ................... ...................
................... ...................
94
................... ................... ...................

Outstanding, end of year .......................................... ................... ...................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................ ................... ...................

2390

1997 actual

Identification code 72–4103–0–3–151

1998 est.

1999 est.

23.90
24.40

68.00

Total budgetary resources available for obligation
Unobligated balance available, end of year:
Uninvested .................................................................
New budget authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

128 ...................
944
890
–1,072
–890

128 ................... ...................
128 ................... ...................

921
921

944
944

890
890

10 ................... ...................
–10 ................... ...................

Outlays (gross), detail:
Outlays from new permanent authority .........................

10 ................... ...................

72.40

................... ................... ...................

2290

Program and Financing (in millions of dollars)

ECONOMIC ASSISTANCE LOANS—LIQUIDATING ACCOUNT

21.40

Status of Guaranteed Loans (in millions of dollars)
Identification code 72–4266–0–3–151

959

...................
...................
...................
...................

86.97

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
Non-Federal sources:
88.40
Non-Federal sources-Principal .........................
88.40
Non-Federal sources-Interest ...........................

–593
–328

–671
–273

–637
–253

88.90

–921

–944

–890

89.00
90.00

Total, offsetting collections (cash) ..................

Outstanding, end of year ...................................... ................... ................... ...................

Status of Direct Loans (in millions of dollars)

1996 actual

1997 actual

1998 est.

..................

..................
..................
..................
..................

..................

Total assets ........................................
LIABILITIES:
2204 Non-Federal liabilities: Liabilities for
loan guarantees ..................................

..................

2999

..................

Outstanding, end of year ..........................................

..................

ASSETS:
Federal assets:
1101
Fund balances with Treasury .............
Investments in US securities:
1106
Receivables, net .............................
Net value of assets related to post–
1991 acquired defaulted guaranteed loans receivable:
1501
Defaulted guaranteed loans receivable, gross ......................................
1502
Interest receivable ..............................
1504
Foreclosed property .............................
1505
Allowance for subsidy cost (–) ...........
1599

Net present value of assets related
to defaulted guaranteed loans

1999

Total liabilities ....................................
NET POSITION:
3100 Appropriated capital ................................

1999 est.

1210
1231
1251
1261
1264
1290

Balance Sheet (in millions of dollars)
Identification code 72–4266–0–3–151

1997 actual

Identification code 72–4103–0–3–151

3999

Total net position ................................

..................

Total liabilities and net position ............

..................

1999 est.

12,649
12,164
11,493
10 ................... ...................
–593
–671
–637
46 ................... ...................
52 ................... ...................
12,164

11,493

10,856

The Economic Assistance Loans liquidating account consolidates liquidating credit activity from three previous accounts:
Economic Support Fund, Functional Development Assistance
Program, and the Development Loans Revolving Fund. This
was done to simplify presentation. As required by the Federal
Credit Reform Act of 1990, this account records all cash flows
to and from the Government resulting from direct loans prior
to 1992. This account is shown on a cash basis.
Trust Funds
FOREIGN SERVICE NATIONAL SEPARATION LIABILITY TRUST FUND
Program and Financing (in millions of dollars)
Identification code 72–8342–0–7–602

1997 actual

1998 est.

1999 est.

10.00

Obligations by program activity:
Total obligations (object class 12.1) ............................

22.00
23.95

Budgetary resources available for obligation:
New budget authority (gross) ........................................
New obligations .............................................................

2
–3

2
–2

60.27

New budget authority (gross), detail:
Appropriation (trust fund, indefinite) ............................

4999

1998 est.

960

AGENCY FOR INTERNATIONAL DEVELOPMENT—Continued
Trust Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
90.00

Intragovernmental funds—Continued
FOREIGN SERVICE NATIONAL SEPARATION LIABILITY TRUST FUND—
Continued
Program and Financing (in millions of dollars)—Continued
Identification code 72–8342–0–7–602

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

1997 actual

1998 est.

1999 est.

72.40

86.97

Outlays (gross), detail:
Outlays from new permanent authority .........................

Outlays ...........................................................................

1 ...................

The Miscellaneous Trust Funds account includes gifts and
donations that AID receives from other governments, nongovernmental organizations, or private citizens. AID has authority to spend these gifts and donations for development
purposes under Section 635(d) of the Foreign Assistance Act.
In 1997, this account received $50 million from Israel that
was used to finance part of the Mideast Peace and Stability
Fund.

6
3
–1

8
2
–1

9
2
–1

1101

Balance Sheet (in millions of dollars)
1996 actual

Identification code 72–9971–0–7–151

ASSETS:
Federal assets: Fund balances with
Treasury ...............................................

1997 actual

1998 est.

1999 est.

2
1

1999

Total assets ........................................
LIABILITIES:
2202 Non-Federal liabilities: Interest payable

..................

This Fund is maintained to pay separation costs for Foreign
Service National employees of the U.S. Agency for International Development in those countries in which such pay
is legally required. The Fund, as authorized by Public Law
102–138, is maintained by annual Government contributions
which are appropriated in several Agency accounts.

2999

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

..................

3999

Total net position ................................

4999

Total liabilities and net position ............

2
1

OVERSEAS PRIVATE INVESTMENT
CORPORATION

MISCELLANEOUS TRUST FUNDS, AID
Unavailable Collections (in millions of dollars)
Identification code 72–9971–0–7–151

1997 actual

1998 est.

Balance, start of year:
Balance, start of year .................................................... ................... ................... ...................
Receipts:
02.01 Gifts and donations .......................................................
51 ................... ...................
Appropriation:
05.01 Miscellaneous trust funds .............................................
–51 ................... ...................
07.99 Total balance, end of year ............................................ ................... ................... ...................
01.99

Program and Financing (in millions of dollars)
Identification code 72–9971–0–7–151

10.00

Obligations by program activity:
Total obligations (object class 41.0) ............................

1997 actual

1998 est.

Federal Funds

1999 est.

1 ...................

21.40

2
1 ...................
51 ................... ...................

Public enterprise funds:
OVERSEAS PRIVATE INVESTMENT CORPORATION NONCREDIT ACCOUNT
The Overseas Private Investment Corporation is authorized to
make, without regard to fiscal year limitations, as provided by 31
U.S.C. 9104, such expenditures and commitments within the limits
of funds available to it and in accordance with law as may be necessary: Provided, That the amount available for administrative expenses to carry out the credit and insurance programs (including
an amount for official reception and representation expenses which
shall not exceed $35,000) shall not exceed ø$32,000,000¿ $34,000,000:
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, 1998.)
Unavailable Collections (in millions of dollars)

23.90
23.95
24.40

53
–52

1 ...................
–1 ...................

Identification code 71–4184–0–3–151

1997 actual

1998 est.

1999 est.

01.99
New budget authority (gross), detail:
60.27 Appropriation (trust fund, indefinite) ............................
Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

Balance, start of year:
Balance, start of year ....................................................

2,192

2,381

2,556

03.00
04.00
07.99

Offsetting collections .....................................................
Total: Balances and collections ....................................
Total balance, end of year ............................................

189
2,381
2,381

175
2,556
2,556

176
2,732
2,732

1 ................... ...................

51 ................... ...................

72.40

86.97
86.98

Outlays (gross), detail:
Outlays from new permanent authority .........................
Outlays from permanent balances ................................

87.00

Total outlays (gross) .................................................

89.00

Net budget authority and outlays:
Budget authority ............................................................

1
52
–52

1 ...................
1 ...................
–1 ...................

These balances are reserves held for potential claims and
are not expected to be obligated.
Program and Financing (in millions of dollars)

1 ................... ...................

Identification code 71–4184–0–3–151

51 ................... ...................
1
1 ...................

1997 actual

1998 est.

1999 est.

1 ...................

51 ................... ...................

Obligations by program activity:
Noncredit administrative expenses ................................
Insurance claim payments/provisions ...........................
Credit administrative expenses .....................................

13
32
19

13
21
19

14
30
20

10.00

09.01
09.02
09.03

Total obligations ........................................................

OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
20
22.00 New budget authority (gross) ........................................
65
22.10 Resources available from recoveries of prior year obligations ....................................................................... ...................

0645

21.40

23.90
23.95
24.40

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
70.00

74.40
74.95
74.99

22
64

85
–64

75
–53

87
–64

0799

–70

2,470
–24

2,654
–20

2,837
–20

2,467

Total balance, end of year ........................................

–79

2,656

2,840

INSURANCE PROGRAM ACTIVITY
1996 actual

–19
270
3
–189

–79

–70

309
310
–2 ...................
–175
–176

132

134

Total new budget authority (gross) ..........................

Aggregate insurance outstanding, start of year ..
Aggregate insurance issued during year .............
Aggregate insurance reductions and cancellations ..................................................................
Aggregate insurance outstanding, end of year ....
Net growth/(decline) of portfolio ..........................
Net growth rate of insurance portfolio (in percent) .................................................................

1997 actual

21,297
16,584

31,395
3,732

1998 est.

26,579
8,000

1999 est.

28,198
9,000

¥6,486

¥8,548

6,382

¥6,770

31,395
10,098

26,579
¥4,816

28,197
1,618

30,428
2,230

47.41

¥15.34

6.09

7.91

STATUS OF INSURANCE AUTHORITY
[In millions of dollars]

1996 actual

38
44

65
47

76
45

Total unpaid obligations, start of year ................
82
New obligations .............................................................
64
Total outlays (gross) ......................................................
–34
Adjustments in unexpired accounts .............................. ...................
Unpaid obligations, end of year:
Obligated balance: Uninvested .................................
65
Orders on hand from Federal sources ......................
47

112
53
–43
–1

121
64
–56
–1

76
45

83
45

121

128

Total unpaid obligations, end of year ..................

–19

[In millions of dollars]

Spending authority from offsetting collections
(total) ...........................................................

Change in unpaid obligations:
Unpaid obligations, start of year:
72.40
Obligated balance: Uninvested .................................
72.95
Orders on hand from Federal sources ......................
72.99
73.10
73.20
73.45

21
53

Balance transferred, net ................................................
Unexpended balance, end of year:
0700 Treasury balance ............................................................
U.S. Securities:
0701
Par value ...................................................................
0702
Unrealized discounts .................................................

961

112

86.97
86.98

Outlays (gross), detail:
Outlays from new permanent authority .........................
Outlays from permanent balances ................................

29
5

34
9

42
14

87.00

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
88.20
Interest on U.S. securities ....................................
88.40
Non-Federal sources .............................................

–16
–167
–87

–38
–192
–79

88.90
88.95

Total, offsetting collections (cash) ..................
Change in orders on hand from Federal sources .........

–270
–3

–309
–310
2 ...................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

–208
–236

–254
–266

–20
–203
–87

Statutory authority limitation ...............................
Maximum contingent liability, end of year ..........
Estimated potential exposure to claims, end of
year ...................................................................

1 23,000

1998 est.
1 29,000

1999 est.
1 29,000

12,137

13,986

15,092

6,413

7,172

8,177

8,824

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.

Balance Sheet (in millions of dollars)
1996 actual

Identification code 71–4184–0–3–151

Total assets ........................................
LIABILITIES:
2101 Federal liabilities: Accounts payable ......
Non-Federal liabilities:
2201
Accounts payable ................................
2207
Other ...................................................
2999

–246
–254

1997 actual

13,500
13,386

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

1997 actual

1998 est.

1999 est.

2,396
44
9

2,649
47
11

2,720
45
15

2,800
45
15

2,497

2,741

2,816

2,897

..................

56
108

5
188

5
200

164

193

205

2,333

2,548

2,611

2,692

3999

The Overseas Private Investment Corporation encourages
the participation of United States private sector capital and
skills in the economic and social development of developing
countries and emerging market economies. Its primary noncredit program is political risk insurance against losses due
to expropriation, inconvertibility, and damage due to political
violence.
Status of Funds (in millions of dollars)
Identification code 71–4184–0–3–151

1997 actual

1998 est.

1999 est.

Unexpended balance, start of year:
0100 Treasury balance ............................................................
U.S. Securities:
0101
Par value ...................................................................
0102
Unrealized discounts .................................................

2,252
–22

2,470
–24

2,654
–20

0199

2,250

2,467
309

310

2,333

2,548

2,611

2,692

Total liabilities and net position ............

2,497

2,741

2,816

2,897

Object Classification (in millions of dollars)

Total balance, start of year ......................................
Cash income during the year:
Offsetting collections:
0280
Offsetting collections ................................................
Cash outgo during year:
0500 Overseas private investment corporation noncredit account ..........................................................................

11.1
12.1
21.0
23.2
25.2
25.3

–43

–56

1998 est.

1999 est.

5
2
1
2
3

6
2
1
2
2

7
2
1
2
2

42.0

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 ................................

19
32

19
21

20
30

99.9

Total obligations ........................................................

Personnel Summary
Identification code 71–4184–0–3–151

2001
–34

1997 actual

Identification code 71–4184–0–3–151

2,656

270

Total net position ................................

4999

Total compensable workyears: Full-time equivalent
employment ...............................................................

1997 actual

1998 est.

1999 est.

962

OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

Credit accounts:
OVERSEAS PRIVATE INVESTMENT CORPORATION PROGRAM ACCOUNT
For the cost of direct and guaranteed loans, ø$60,000,000¿
$50,000,000, 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
ø1998 and 1999¿ 1999 and 2000: Provided further, That such sums
shall remain available through fiscal year ø2006¿ 2007 for the disbursement of direct and guaranteed loans obligated in fiscal year
ø1998¿ 1999, and through fiscal year ø2007¿ 2008 for the disbursement of direct and guaranteed loans obligated in fiscal year ø1999¿
2000: Provided further, That in addition, such sums as may be necessary for administrative expenses to carry out the credit program
may be derived from amounts available for administrative expenses
to carry out the credit and insurance programs in the Overseas Private Investment Corporation Noncredit Account and merged with
said account. (Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)

1159

Total direct loan levels .............................................
Direct loan subsidy (in percent):
1320 Subsidy rate ...................................................................

133

200

3.00

2.00

1329

3.00

2.00

Total subsidy budget authority .................................
Direct loan subsidy outlays:
1340 Subsidy outlays ..............................................................

1349

Total subsidy outlays ................................................

Guaranteed loan levels supportable by subsidy budget
authority:
2150 Loan guarantee levels ...................................................

2,433

1,800

2,600

2159

2,433

1,800

2,600

3.00

2.00

3.00

2.00

Total subsidy budget authority .................................
Guaranteed loan subsidy outlays:
2340 Subsidy outlays ..............................................................

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 ...............................................

Program and Financing (in millions of dollars)
2339

Identification code 71–0100–0–1–151

1997 actual

1998 est.

1999 est.

00.01
00.02
00.09

Obligations by program activity:
Direct loan subsidy ........................................................
Guaranteed loan subsidy ...............................................
Credit administrative expenses .....................................

1
12
19

4
68
19

4
46
20

2349

Total subsidy outlays ................................................

10.00

Total obligations ........................................................

3510
3590

Administrative expense data:
Budget authority ............................................................
Outlays from new authority ...........................................

19
16

19
19

20
19

37
96

87
79

63
70

The Overseas Private Investment Corporation encourages
the participation of United States private sector capital and
skills in the economic and social development of developing
countries and emerging market economies. Its primary credit
program is investment financing through loans and guaranteed loans.
As required by the Federal Credit Reform Act of 1990,
the Program Account records the subsidy costs associated
with the direct loans obligated and loan guarantees committed in 1992 and beyond (including modifications of direct
loans or loan guarantees that resulted from obligations or
commitments in any year), as well as administrative expenses
of this program. The subsidy amounts are estimated on a
present value basis; the administrative expenses are estimated on a cash basis.

23.90
23.95
24.40

41
3 ...................
–10 ................... ...................
–45
–15 ...................
119
–32

154
–91

133
–70

40.00
42.00

New budget authority (gross), detail:
Appropriation ..................................................................
Transferred from other accounts ...................................

43.00

Appropriation (total) ..................................................

70.00

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

176
32
–39
–41

127
161
91
70
–54
–57
–3 ...................

127

161

174

Outlays (gross), detail:
Outlays from new current authority .............................. ...................
Outlays from current balances ......................................
39

21
33

22
35

72 ................... ...................
24
79
70

Object Classification (in millions of dollars)

72.40

86.90
86.93
87.00

Total outlays (gross) .................................................

96
39

79
54

70
57

Direct loan levels supportable by subsidy budget authority:
1150 Direct loan levels ...........................................................

1997 actual

1998 est.

1999 est.

133

200

1999 est.

Personnel compensation: Full-time permanent .............
7
7
7
Civilian personnel benefits ............................................
2
2
2
Travel and transportation of persons ............................ ...................
1
1
Rental payments to others ............................................
3
3
3
Other services (contracts) .............................................
6
4
5
Supplies and materials .................................................
1 ................... ...................
Grants, subsidies, and contributions ............................
13
72
50

99.0
99.5

Subtotal, direct obligations ..................................
32
Below reporting threshold .............................................. ...................

99.9

Total obligations ........................................................

89
2

68
2

Personnel Summary
Identification code 71–0100–0–1–151

1001
133

1998 est.

11.1
12.1
21.0
23.2
25.2
26.0
41.0

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in
millions of dollars)
Identification code 71–0100–0–1–151

1997 actual

Identification code 71–0100–0–1–151

Total compensable workyears: Full-time equivalent
employment ...............................................................

1997 actual

109

1998 est.

120

1999 est.

132

OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued
Federal Funds—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
OVERSEAS PRIVATE INVESTMENT CORPORATION DIRECT LOAN
FINANCING ACCOUNT

sulted from obligations in any year). The amounts in this
account are a means of financing and are not included in
the budget totals.

Program and Financing (in millions of dollars)
Identification code 71–4074–0–3–151

1997 actual

1998 est.

Balance Sheet (in millions of dollars)

1999 est.

Identification code 71–4074–0–3–151

17
5

100
9

133
9

ASSETS:
Federal assets:
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 (–) ...........
1101

10.00

Total obligations ........................................................

109

963

142

6
30

14
118

23
148

36
–22

132
–109

171
–142

1499

Net present value of assets related
to direct loans ...........................

1999

100

129

70.00

Total new financing authority (gross) ......................

118

148

65
4

64
4

123
4

69
22
–25

68
109
–50

127
142
–70

74.40
74.95

64
4

123
4

Total unpaid obligations, end of year ..................
Total financing disbursements (gross) .........................

68
25

127
50

199
70

1997 actual

1998 est.

1999 est.

4
..................

8
2

72
1
..................
–10

83
1
..................
–13

119
..................
..................
–20

174
..................
..................
–20

154

119

174

4
4
69
..................
1

..................
..................
84
3
2

4
..................
110
4
1

4
..................
165
4
1

195
4

74.99
87.00

Total assets ........................................
LIABILITIES:
Federal liabilities:
2101
Accounts payable ................................
2102
Interest payable ..................................
2103
Debt .....................................................
2105
Other Federal liabilities ......................
2207 Non-Federal liabilities: Other ..................

1996 actual

72.99
73.10
73.20

Offsets:
Against gross financing authority and financing disbursements:
Offsetting collections (cash) from:
88.00
Federal sources .....................................................
–2
Non-Federal sources:
88.40
Repayments of Principal ..................................
–4
88.40
Interest received on loans ................................
–7
88.40
Fees .................................................................. ...................
88.90
88.95

89.00
90.00

17
11

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

119

174

..................

3999

Total net position ................................

..................

4999

Total liabilities and net position ............

119

174

OVERSEAS PRIVATE INVESTMENT CORPORATION GUARANTEED LOAN
FINANCING ACCOUNT
Program and Financing (in millions of dollars)
Identification code 71–4075–0–3–151

–3

–5
–8
–2

–6
–8
–2

Total, offsetting collections (cash) ..................
–13
–18
–19
Change in receivables from program accounts ............ ................... ................... ...................
Net financing authority and financing disbursements:
Financing authority ........................................................
Financing disbursements ...............................................

2999

100
32

129
51

1997 actual

1998 est.

1999 est.

Total direct loan obligations .....................................

133

1210
1231
1251

72
15
–4

83
41
–5

119
61
–6

1290

Outstanding, end of year ..........................................

119

174

1998 est.

1999 est.

00.01
00.02

Obligations by program activity:
Default claims ...............................................................
Capitalized costs ...........................................................

7
2

20
2

50
3

10.00

Total obligations ........................................................

106
83

181
109

268
123

21.40

23.90
23.95
24.40

Status of Direct Loans (in millions of dollars)
Identification code 71–4074–0–3–151

1997 actual

68.00

189
–9

290
–22

391
–53

181

268

338

New financing authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

109

123

4
9
–10

4
22
–22

4
53
–53

4
10

4
22

4
53

–23
–9

–33
–11

–35
–13

–4

–5

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total financing disbursements (gross) .........................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
87.00 Total financing disbursements (gross) .........................
72.40

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 ...............................
Non-Federal sources:
88.40
Claim recoveries ...............................................

964

OVERSEAS PRIVATE INVESTMENT CORPORATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
2999

Credit accounts—Continued
OVERSEAS PRIVATE INVESTMENT CORPORATION GUARANTEED LOAN
FINANCING ACCOUNT—Continued

Total liabilities ....................................
NET POSITION:
3300 Cumulative results of operations ............

127

199

300

405

1997 actual

Identification code 71–4075–0–3–151

1998 est.

Total net position ................................

4999

Program and Financing (in millions of dollars)—Continued

3999

Total liabilities and net position ............

133

213

312

417

1999 est.

88.40

Fees ..................................................................

–47

–60

–70

88.90

Total, offsetting collections (cash) ..................

–83

–109

–123

89.00
90.00

OVERSEAS PRIVATE INVESTMENT CORPORATION LIQUIDATING
ACCOUNT

Program and Financing (in millions of dollars)
Identification code 71–4030–0–3–151

1997 actual

1998 est.

1999 est.

Status of Guaranteed Loans (in millions of dollars)
1998 est.

1999 est.

Total guaranteed loan commitments ........................

Cumulative balance of guaranteed loans outstanding:
Outstanding, start of year .............................................
Disbursements of new guaranteed loans ......................
Repayments and prepayments ......................................
Adjustments:
2262
Terminations for default that result in acquisition
of property .............................................................
2263
Terminations for default that result in claim payments ....................................................................
2210
2231
2251

2290

Outstanding, end of year ..........................................

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

2,143

1,800

2,000

1,335
857
–204

1,981
1,100
–400

2,681
1,300
–500

–2 ................... ...................
1,981

1,981

2,681

3,481

15
7
–4

18
20
–11

27
50
–15

2390

1599
1999

Net present value of assets related
to defaulted guaranteed loans

Total assets ........................................
LIABILITIES:
2103 Federal liabilities: Debt ...........................
Non-Federal liabilities:
2204
Liabilities for loan guarantees ...........
2207
Other non-fed ......................................

Total obligations (object class 43.0) ........................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
21.40
Uninvested .................................................................
21.41
U.S. Securities: Par value .........................................

100
35

81 ...................
35 ...................

21.99
22.00
22.40

Total unobligated balance, start of year .............
New budget authority (gross) ........................................
Capital transfer to general fund ...................................

135
31
–43

116 ...................
25
21
–116
–6

123
–6

24.40
24.41

24.99

Total unobligated balance, end of year ....................

68.00

New budget authority (gross), detail:
Spending authority from offsetting collections (gross):
Offsetting collections (cash) .....................................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

25
–25

15
–15

81 ................... ...................
35 ................... ...................
116 ................... ...................

6
6
–6

6
25
–25

5
15
–15

86.97
86.98

1996 actual

1997 actual

1998 est.

87.00

Outlays (gross), detail:
Outlays from new permanent authority ......................... ...................
25
15
Outlays from permanent balances ................................
6 ................... ...................
Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
Offsetting collections (cash) from:
88.20
Interest on U.S. securities ....................................
88.40
Non-Federal sources .............................................

–3
–28

–3
–22

–3
–18

88.90

Balance Sheet (in millions of dollars)

ASSETS:
1101 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 ......................................

10.00

72.40

As required by the Federal Credit Reform Act of 1990,
this non-budgetary account records all cash flows to and from
the Government resulting from loan guarantees committed
in 1992 and beyond (including modifications of loan guarantees that resulted from commitments in any year). The
amounts in this account are a means of financing and are
not included in the budget totals.

Identification code 71–4075–0–3–151

Obligations by program activity:
Direct program ...............................................................

–5 ................... ...................

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 ......................................

00.01

23.90
23.95

1997 actual

Identification code 71–4075–0–3–151

–31

–25

–21

1999 est.

112
6

188
9

268
17

338
17

133

213

312

417

..................

97
26

170
25

275
25

380
25

89.00
90.00

Total, offsetting collections (cash) ..................

Status of Direct Loans (in millions of dollars)
Identification code 71–4030–0–3–151

Cumulative balance of direct loans outstanding:
1210 Outstanding, start of year .............................................
1231 Disbursements: Direct loan disbursements ...................
1251 Repayments: Repayments and prepayments .................
1264 Write-offs for default: Other adjustments, net .............
1290

Outstanding, end of year ..........................................

1997 actual

1998 est.

1999 est.

53
37
24
3 ................... ...................
–16
–10
–6
–3
–3
–2
37

TRADE AND DEVELOPMENT AGENCY
Federal Funds

INTERNATIONAL ASSISTANCE PROGRAMS
Status of Guaranteed Loans (in millions of dollars)
1997 actual

Identification code 71–4030–0–3–151

1998 est.

1999 est.

Cumulative balance of guaranteed loans outstanding:
2210 Outstanding, start of year .............................................
216
141
66
2231 Disbursements of new guaranteed loans ......................
20 ................... ...................
2251 Repayments and prepayments ......................................
–95
–75
–56
2264 Adjustments: Other adjustments, net ........................... ................... ................... ...................
2290

Outstanding, end of year ..........................................

141

2299

Memorandum:
Guaranteed amount of guaranteed loans outstanding,
end of year ................................................................

141

to remain available until September 30, ø1999¿ 2000: 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, ø1999¿ 2000, for necessary expenses
under this paragraph: Provided further, That such reimbursements
shall not cover, or be allocated against, direct or indirect administrative costs of the agency. (Foreign Operations, Export Financing, and
Related Programs Appropriation Act, 1998.)
Program and Financing (in millions of dollars)

As required by the Federal Credit Reform Act of 1990,
this account records, for this program, all cash flows to and
from the Government resulting from direct loans obligated
and loan guarantees committed prior to 1992. This account
is shown on a cash basis. All new activity in this program
in 1992 and beyond (including modifications of direct loans
or loan guarantees that resulted from obligations or commitments in any year) is recorded in corresponding program,
financing, and noncredit accounts.
Statement of Operations (in millions of dollars)
1996 actual

1997 actual

0101
0102

Revenue ...................................................
Expense ....................................................

12
9

12
–2

0109

Net income or loss (–) ............................

Identification code 71–4030–0–3–151

965

1998 est.

Identification code 11–1001–0–1–151

1997 actual

1998 est.

1999 est.

00.01
00.02

Obligations by program activity:
Feasibility studies, and other activities ........................
Operating expenses ........................................................

45
6

50
6

44
6

10.00

Total obligations ........................................................

11
54

14 ...................
42
50

21.40

23.90
23.95
24.40

1999 est.

65
–51

56
–56

50
–50

14 ................... ...................

New budget authority (gross), detail:
Appropriation:
40.00
Appropriation .............................................................
40.00
Appropriation .............................................................
42.00 Transferred from other accounts ...................................

34
42
50
6 ................... ...................
14 ................... ...................

43.00

Appropriation (total) ..................................................

70.00

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

78
51
–51

80
56
–60

76
50
–46

Balance Sheet (in millions of dollars)
1996 actual

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 .............................

1997 actual

1998 est.

1999 est.

106

35
1
1

35
1
..................

35
1
1

–18

–14

–22

–14

72.40

86.90
86.93

Outlays (gross), detail:
Outlays from new current authority ..............................
Outlays from current balances ......................................

15
36

12
48

13
34

87.00

Total outlays (gross) .................................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

54
51

42
60

50
46

35
3

23
2

2
3

181

147

101

43
15

..................
11

40
10

50
73

50
86

50
1

3999

Total net position ................................

123

136

Appropriated funds provide for the costs of the U.S. Trade
and Development Agency (TDA), which include: program costs
of grants for feasibility studies and other project planning
activities; and, the cost of managing the TDA programs such
as salaries and expenses of direct hire personnel, and obtaining the services of consultants. TDA finances these activities
for major projects in the developing world to foster economic
development and to encourage the use of U.S. technology,
goods, and services in project implementation.

4999

Total liabilities and net position ............

181

147

101

Object Classification (in millions of dollars)

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 ............

Identification code 11–1001–0–1–151

TRADE AND DEVELOPMENT AGENCY
Federal Funds
General and special funds:
TRADE

AND

DEVELOPMENT AGENCY

For necessary expenses to carry out the provisions of section 661
of the Foreign Assistance Act of 1961, ø$41,500,000¿ $50,000,000,

1997 actual

1998 est.

1999 est.

11.1
12.1
25.1
41.0

Personnel compensation: Full-time permanent .............
Civilian personnel benefits ............................................
Advisory and assistance services ..................................
Grants, subsidies, and contributions ............................

3
1
1
46

3
1
1
50

3
1
1
44

99.0
99.5

Subtotal, direct obligations ..................................
51
Below reporting threshold .............................................. ...................

55
1

49
1

99.9

Total obligations ........................................................

966

TRADE AND DEVELOPMENT AGENCY—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
87.00

TRADE

AND

DEVELOPMENT AGENCY—Continued
Personnel Summary
1997 actual

Identification code 11–1001–0–1–151

1001

Total compensable workyears: Full-time equivalent
employment ...............................................................

1998 est.

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$222,000,000¿ $270,335,000, including the
purchase of not to exceed five passenger motor vehicles for administrative purposes for use outside of the United States: Provided, That
ønone of the funds appropriated under this heading shall be used
to pay for abortions: Provided further, That¿ 1 funds appropriated
under this heading shall remain available until September 30, ø1999¿
2000. (Foreign Operations, Export Financing, and Related Programs
Appropriation Act, 1998.)
1 The Administration proposes to delete this provision and will work with Congress to address the issue of
abortion funding.

Program and Financing (in millions of dollars)
1997 actual

1998 est.

1999 est.

Obligations by program activity:
Direct program:
00.01
Millennium initiative ................................................. ................... ...................
00.02
Africa region ..............................................................
54
54
00.03
Europe, Mediterranean & Asia region .......................
36
37
00.04
Inter-America & Pacific region .................................
39
39
00.05
Other volunteer support ............................................
92
102

33
55
39
39
105

00.91
09.01

Total direct program .............................................
Reimbursable program ..................................................

221
7

232
8

271
8

10.00

Total obligations ........................................................

228

240

279

23.90
23.95
24.40

233

246

274

–7

–9

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

220
226

226
237

270
265

1999 est.

PEACE CORPS

Identification code 11–0100–0–1–151

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

General and special funds—Continued

8
7
2
227
235
279
1 ................... ...................
–1 ................... ...................
235
–228

242
–240

281
–279

89.00
90.00

Peace Corps’ operating expenses will provide direct and
indirect support for an average of 6,000 Americans engaged
in voluntary services in 84 countries worldwide in 1998. The
Volunteers help fill the trained manpower needs of developing
countries and encourage self-sustaining development of skilled
manpower. The Peace Corps promotes mutual understanding
between the peoples of the developing world and the United
States and focuses the attention of the American people on
the benefits of volunteerism. Peace Corps Volunteers work
primarily in the areas of agriculture, education, economic development, health, and environment.
Millennium Initiative.—This presidential initiative will support the Peace Corps’ efforts to place a total of 5,712 new
trainees in the field in 1999 and will put the Peace Corps
on a path to a volunteer corps of 10,000 in the new century.
The World Wise Schools Program, which connects Peace
Corps volunteers with American teachers and students to promote international understanding, will be expanded to 10,000
teachers. The Initiative also includes an increase of 100 in
the number of Crisis Corps volunteers, who provide assistance
to the international relief community during humanitarian
crises and natural disasters.
Africa Region.—The Africa Region will support 1,272 new
trainees and an average of 2,227 Volunteers during 1998.
These Volunteers and trainees will work in 28 sub-Saharan
countries.
Europe, Mediterranean, and Asia Region.—In 1998 an average of 1,815 volunteers will work in 26 countries in Eastern
and Central Europe, the former Soviet Union, North Africa,
and Asia. The region will support 1,140 new trainees.
Inter-America and Pacific Region.—An average of 1,947 volunteers will work in 30 countries in the Caribbean, Central
America, South America, and the Pacific. This office will also
fund 1,166 new trainees in 1998.
Other Volunteer Support.—These activities fund a wide
range of volunteer- and program-related costs, including medical support for Volunteers, recruitment and placement, technical resources, domestic programs, policy and direction, and
related administration and oversight.

New budget authority (gross), detail:
Current:
40.00
Appropriation .............................................................
42.00
Transferred from other accounts ..............................

208
12

222
270
4 ...................

43.00

Appropriation (total) .............................................
Permanent:
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

220

226

270

Total new budget authority (gross) ..........................

227

235

Object Classification (in millions of dollars)

279

68.00
70.00

Change in unpaid obligations:
72.40 Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
Outlays (gross), detail:
86.90 Outlays from new current authority ..............................
86.93 Outlays from current balances ......................................
86.97 Outlays from new permanent authority .........................

Identification code 11–0100–0–1–151

68
228
–233

61
240
–246

55
279
–274

172
54
7

181
56
9

216
49
9

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
24.0
25.2
25.3
25.4

1997 actual

1998 est.

1999 est.

Direct obligations:
Personnel compensation:
Full-time permanent .............................................
45
46
52
Other than full-time permanent ...........................
2
2
2
Other personnel compensation .............................
2
2
2
Special personal services payments:
Special personal services payments ................ ................... ................... ...................
Trainees and volunteers ...................................
20
20
23
Total personnel compensation .........................
69
Civilian personnel benefits .......................................
41
Benefits for former personnel ................................... ...................
Travel and transportation of persons .......................
25
Transportation of things ...........................................
3
Rental payments to GSA ...........................................
6
Rental payments to others ........................................
7
Communications, utilities, and miscellaneous
charges .................................................................
5
Printing and reproduction .........................................
1
Other services ............................................................
31
Purchases of goods and services from Government
accounts ................................................................
5
Operation and maintenance of facilities ..................
1

70
43
1
27
3
6
7

79
47
1
34
4
6
9

7
1
35

7
1
42

8
1

6
1

INTER-AMERICAN FOUNDATION
Federal Funds

INTERNATIONAL ASSISTANCE PROGRAMS
25.6
25.7
26.0
31.0

Medical care ..............................................................
Operation and maintenance of equipment ...............
Supplies and materials .............................................
Equipment .................................................................

11
1
9
5

8
1
8
6

13
1
10
9

99.0
99.0
99.5

220
6
2

232
7
1

270
7
2

99.9

Total obligations ........................................................

228

240

279

967

Personnel Summary
1997 actual

Identification code 11–9972–0–7–151

1001

Total compensable workyears: Full-time equivalent
employment ...............................................................

1998 est.

1999 est.

INTER-AMERICAN FOUNDATION
Federal Funds

Personnel Summary

General and special funds:
Identification code 11–0100–0–1–151

Direct:
1001 Total compensable workyears: Full-time equivalent
employment ...............................................................
Reimbursable:
2001 Total compensable workyears: Full-time equivalent
employment ...............................................................

1997 actual

1998 est.

1999 est.

INTER-AMERICAN FOUNDATION

1,071

1,130

1,270

For expenses necessary to carry out the functions of the Inter-American Foundation in accordance with the provisions of section 401
of the Foreign Assistance Act of 1969, and to make commitments
without regard to fiscal year limitations, as provided by 31 U.S.C.
9104(b)(3), $22,000,000.
Program and Financing (in millions of dollars)
Identification code 11–3100–0–1–151

1997 actual

1998 est.

1999 est.

PEACE CORPS MISCELLANEOUS TRUST FUNDS
00.01
00.02
00.03
00.04

Obligations by program activity:
Development grants .......................................................
Development research and dissemination ....................
In-country support .........................................................
Program management and operations ..........................

15
1
3
6

19
1
3
7

................... ................... ...................

10.00

Total obligations ........................................................

...................

16
22

18
30

Unavailable Collections (in millions of dollars)
Identification code 11–9972–0–7–151

Balance, start of year:
Balance, start of year ....................................................
Receipts:
02.01 Miscellaneous trust funds, Peace Corps .......................
Appropriation:
05.01 Peace Corps miscellaneous trust fund .........................
07.99 Total balance, end of year ............................................
01.99

1997 actual

1998 est.

1999 est.

21.40

...................
–1
–1
................... ................... ...................

4 ................... ...................

Program and Financing (in millions of dollars)
Identification code 11–9972–0–7–151

10.00

Obligations by program activity:
Total obligations (object class 26.0) ............................

1997 actual

1998 est.

23.90
23.95
24.40

1999 est.

60.27

73.10
73.20

1
1

2
–1

68.00

70.00

New budget authority (gross), detail:
Appropriation (trust fund, indefinite) ............................ ...................

Change in unpaid obligations:
New obligations .............................................................
Total outlays (gross) ......................................................

Outlays (gross), detail:
86.98 Outlays from permanent balances ................................

1
–1

48
–30

New budget authority (gross), detail:
Current:
40.00
Appropriation ............................................................. ................... ...................
22
42.00
Transferred from other accounts ..............................
20
22 ...................

1
1

42
–25

21.40

23.90
23.95
24.40

1
–1

43.00

Appropriation (total) .............................................
Permanent:
Spending authority from offsetting collections: Offsetting collections (cash) .....................................

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Approriation ...............................................................
72.40

21
18
20
25
30
30
–22
–28
–29
–4 ................... ...................
18

1
1

Miscellaneous contributions received by gift, devise, bequest, or from foreign governments are used for the furtherance of the program, as authorized by 22 U.S.C. 2509(a)(3)
(75 Stat. 612, as amended). Trust funds also include a fund
to pay separation costs for Foreign Service National employees of the Peace Corps in those countries in which such pay
is legally authorized. The fund, as authorized by Public Law
102–138, is maintained by annual Government contributions
which are appropriated in the Peace Corps salaries and expenses account.

9
8
2
3

11
12
3
2

11
11
3
4

87.00

Net budget authority and outlays:
89.00 Budget authority ............................................................ ...................
90.00 Outlays ...........................................................................
1

86.90
86.93
86.97
86.98

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources

–2

–8

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

20
20

22
20

22
21

89.00
90.00

Established by the 1969 Foreign Assistance Act, the InterAmerican Foundation supports grassroots development initia-

968

INTER-AMERICAN FOUNDATION—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued

AFRICAN DEVELOPMENT FOUNDATION

INTER-AMERICAN FOUNDATION—Continued

Federal Funds

tives in Latin America and the Caribbean with a direct impact on the lives and the capacity for self reliance of people
at the lowest economic levels. In addition to appropriations
and private gifts, the Foundation is funded by annual transfers from the Social Progress Trust Fund administered by
the Inter-American Development Bank. In 1999, the IAF will
continue its new strategic programming approach which emphasizes: (1) building partnerships among grassroots organizations, Non-Governmental Organizations, local governments,
and private enterprises to foster social and economic development at the local level; and, (2) expanding access to private
business sector resources for grassroots development. The IAF
will continue to refine its system of measuring the results
of its grants for the purposes of identifying and disseminating
best practices and lessons for the benefit of the major development funders, new private sector contributors and development practitioners. Using information derived from the results system that is based on the grassroots development
framework from a set of learning practices focused on grants,
the Foundation will systematically incorporate lessons learned
back into the Foundation’s strategic planning and grant decision-making processes. It will also disseminate the results
assessment system and development information to partner
organizations in the region, to other donors and enterprises
supporting development activities, and to grassroots practitioners.
Development Grants.—This activity includes the cost of all
grants made directly to grassroots membership and service
organizations to carry out development projects in Latin
America and the Caribbean. In 1999, the Foundation plans
to award approximately 100 grants and 20 grant supplements
in 17 countries.
Development Research and Evaluation.—This activity funds
grants and fellowships for grassroots development research
and for the evaluation of the Foundation’s projects.
In-country Support.—Resources associated with this activity
are used by local development professionals in Latin America
and the Caribbean to provide grantees with technical assistance and training when necessary to conduct and assess the
results of their projects.
Program Management and Operation.—This activity includes Foundation expenses for salaries and benefits, travel,
rent, service contracts, and other support costs.
Object Classification (in millions of dollars)
1997 actual

Identification code 11–3100–0–1–151

AFRICAN DEVELOPMENT FOUNDATION
To carry out Title V of the International Security and Development
Cooperation Act of 1980, Public Law 96–533, and to make commitments without regard to fiscal year limitations (31 U.S.C. 9104(b)(3)),
$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.
Program and Financing (in millions of dollars)
Identification code 11–0700–0–1–151

1998 est.

4
1
1
4
20

1999 est.

Personnel compensation: Full-time permanent .............
Civilian personnel benefits ............................................
Rental payments to others ............................................
Advisory and assistance services ..................................
Grants, subsidies, and contributions ............................

3
1
1
3
16

99.0
99.5

Subtotal, direct obligations ..................................
Below reporting threshold ..............................................

24
30
30
1 ................... ...................

99.9

Total obligations ........................................................

4
1
1
4
20

1997 actual

Obligations by program activity:
Direct program:
00.01
Advance
sustainable
development
and
empowerment of the poor in Africa .....................
6
00.02
Enhance US assistance and relations with Africa ...................
00.03
Expand use of participatory development policies
and practices ........................................................
1
00.04
Internal agency objectives ........................................
1
09.00 Reimbursable program .................................................. ...................
10.00

Total obligations ........................................................

1998 est.

1999 est.

14
1

10
1

2
1
1

21.40

23.90
23.95
24.40

12
–8

4 ...................
15
15
19
–19

15
–15

4 ................... ...................

New budget authority (gross), detail:
Current:
40.00
Appropriation ............................................................. ................... ...................
14
42.00
Transferred from other accounts ..............................
12
14 ...................
43.00
68.00
70.00

11.1
12.1
23.2
25.1
41.0

General and special funds:

Appropriation (total) .............................................
12
Permanent:
Spending authority from offsetting collections: Offsetting collections (cash) ..................................... ...................

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
start of year ..............................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
74.40 Unpaid obligations, end of year: Obligated balance:
end of year ................................................................

17
8
–10

15
19
–13

21
15
–15

Outlays (gross), detail:
Outlays from new current authority ..............................
6
Outlays from current balances ......................................
4
Outlays from new permanent authority ......................... ...................

6
6
1

6
8
1

Offsets:
Against gross budget authority and outlays:
88.00
Offsetting collections (cash) from: Federal sources ...................

–1

14
12

14
14

72.40

86.90
86.93
86.97
87.00

Total outlays (gross) .................................................

Personnel Summary
Identification code 11–3100–0–1–151

1001

Total compensable workyears: Full-time equivalent
employment ...............................................................

1997 actual

1998 est.

1999 est.

68
89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

12
10

INTERNATIONAL MONETARY PROGRAMS
Federal Funds

INTERNATIONAL ASSISTANCE PROGRAMS

The African Development Foundation (ADF), a public corporation, is a unique agency of the U.S. Government that
supports community-based, self-help initiatives to alleviate
poverty and to promote sustainable development in Africa.
Through its grant program, ADF has pioneered participatory
development in Africa. Foundation grants are made directly
to private grassroots African groups and are premised on
self-help to foster self-reliance through the promotion of African leadership and ownership of the development process.
The Foundation has recently completed a 15-month comprehensive, reengineering process in which ADF has: (a) developed new strategic goals and objectives, at the corporate
level and for all country programs, to focus and concentrate
financial resources for greater impact; (b) completed an organizational restructuring to focus more human resources on
field operations; (c) streamlined all programming and support
systems to increase operational efficiency and effectiveness;
and (d) implemented a plan designed to increase the decision
making, program monitoring and evaluation capacity of field
staff. In addition, ADF has installed a new grants accounting
system and procured computer hardware and software to permit Internet access and connectivity with field staff. Finally,
the Foundation is pursuing strategic partnerships with the
private sector and other donors to leverage resources and
to develop new modes of assistance for Africa.
In 1999, ADF will provide assistance to fifteen countries
in Africa, but resources will be concentrated in eight: Benin,
Ghana, Guinea, Mali, Senegal, Tanzania, Uganda, and
Zimbabwe. This budget request will fund the Foundation’s
operating costs and more than 50 small grants to African
non-governmental organizations, community-based groups
and researchers, in pursuit of ADF’s three strategic goals.
Program Components:
(1) Advance sustainable development and empowerment
of the poor in Africa.—ADF will promote micro and small
enterprise development which will generate employment
and enhance income. ADF will also seek to improve community-based natural resource management for sustainable
rural development. Increasing participation of African
grassroots enterprises and producer groups in trade and
investment relationships with the U.S. and within Africa
is another primary focus of ADF. Finally, ADF will work
to strengthen civil society and local governance and to encourage African governments to expand grassroots participation in policy-making and resource allocation processes.
Examples of projects which will be funded are: micro-finance capital; business development services, training and
technical assistance; soil and water reclamation; civil education; and advocacy training.
(2) Enhance U.S. assistance and relations with Africa.—
ADF will share its experience and encourage expanded U.S.
funding for participatory grassroots development, improve
program and policy coordination on grassroots development
among U.S. foreign assistance and foreign policy agencies,
and leverage public and private resources through strategic
partnerships.
(3) Expand use of participatory development policies and
practices.—ADF will intensify its efforts to develop, evaluate and disseminate new interventions and methodologies
for participatory development, and encourage African governments to increase utilization of participatory development ‘‘best practices.’’
Object Classification (in millions of dollars)
Identification code 11–0700–0–1–151

1997 actual

1998 est.

1999 est.

11.1
41.0

Direct obligations:
Personnel compensation: Full-time permanent ........
Grants, subsidies, and contributions ........................

2
4

2
14

2
10

99.0
99.0

Subtotal, direct obligations ..................................
6
Reimbursable obligations .............................................. ...................

16
1

12
1

969

99.5

Below reporting threshold ..............................................

99.9

Total obligations ........................................................

Personnel Summary
1997 actual

Identification code 11–0700–0–1–151

1001

Total compensable workyears: Full-time equivalent
employment ...............................................................

1998 est.

1999 est.

INTERNATIONAL MONETARY PROGRAMS
Federal Funds
General and special funds:
UNITED STATES QUOTA, INTERNATIONAL MONETARY FUND
Program and Financing (in millions of dollars)
Identification code 11–0003–0–1–155

1997 actual

1998 est.

1999 est.

00.02

Obligations by program activity:
Direct program ...............................................................

160 ................... ...................

10.00

Total obligations (object class 33.0) ........................

160 ................... ...................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
22.30 Unobligated balance expiring ........................................
21.40

23.90
23.95
24.40

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

15,598

14,054

–13 ................... ...................
–1,370 ................... ...................
14,215
14,054
14,054
–160 ................... ...................
14,054

14,054

72.40

22,666
22,078
22,078
160 ................... ...................
–761 ................... ...................
13 ................... ...................
22,078

22,078

86.98

Outlays (gross), detail:
Outlays from permanent balances ................................

89.00
90.00

761 ................... ...................

Recent financial developments in Asia have required an
urgent response from the international community. The United States, independently and through the multilateral mechanism of the International Monetary Fund (IMF), has taken
a strong lead in shaping the international response to the
threat of more widespread financial instability. The IMF has
acted quickly to provide financial support in conjunction with
strong policy direction to the affected countries in the region,
mitigating the spillover effects from their financial crises on
the global economy, and consequently on U.S. output and
employment. It is imperative that the United States continue
to provide strong leadership in the IMF and to support the
IMF’s efforts to bring about fundamental economic and financial sector reforms in these countries that establish the foundation for renewed growth. In consultation with Congress,
the Administration expects to request a supplemental appropriation for 1998 for an increase in the U.S. quota of the
IMF and for U.S. participation in the New Arrangements
to Borrow (NAB) so that the IMF remains an effective promoter of international financial stability, which is essential
to continued U.S. economic growth.

970

INTERNATIONAL MONETARY PROGRAMS—Continued
Federal Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999

General and special funds—Continued
UNITED STATES QUOTA, INTERNATIONAL MONETARY FUND—
Continued

Quota Increase.—The International Monetary Fund, established in 1945, is a multilateral organization of 182 member
nations. Its functions include: promoting international monetary cooperation and exchange rate stability; facilitating the
development of the productive resources of its members; and,
consistent with these objectives, providing financial assistance
with adequate safeguards to allow members to correct prolonged payments imbalances without resort to measures
harmful to the international monetary system. The IMF is
a subscription-based institution. Members’ quota subscriptions
are the primary source of the IMF’s funding for members
seeking to redress the underlying causes of severe and prolonged external payments problems. IMF quotas have not
been increased since 1992.
The IMF membership completed the Eleventh Review of
Quotas in September of 1997 and agreed on the need for
a 45% overall increase in quotas to maintain the IMF’s relative influence in relation to the growing international capital
markets and its ability to respond effectively to financial crises. Recent IMF programs to provide crisis assistance in Asia
have drawn heavily on the Fund’s existing quota resources,
reducing them to relatively low levels. The United States
urgently needs to provide its share of the IMF’s proposed
$87 billion increase in regular resources so that the IMF
can continue to meet members’ anticipated demands while
coping with additional exceptional calls under current crisis
conditions should they arise.
In consultation with Congress, the Administration expects
to request a supplemental appropriation for 1998 amounting
to the U.S. dollar equivalent of 10,622.5 million Special Drawing Rights, $14.5 billion, for an increase in the U.S. quota
for the IMF. In accordance with the budgetary treatment
recommended by the Presidential Commission on Budgetary
Concepts in 1968 and modified by the Congress in 1980, U.S.
transactions with the IMF under the quota subscription are
monetary exchanges which will not be scored as outlays and
thus will not increase the deficit. This is because the United
States receives a liquid, interest-bearing claim on the IMF,
corresponding to any transfer under the U.S. quota subscription to the IMF, and that claim would be backed by the
IMF’s substantial reserves, including its holdings of gold. The
authority for the discretionary cap adjustment to accommodate the budget authority for an appropriation for the quota
was obtained in P.L. 105–33.
LOANS

to financial crises that threaten the stability of the international monetary system. The NAB would provide additional
resources for such emergencies beyond those available under
the GAB. IMF lending programs financed from credits extended to the IMF under both the GAB and the NAB typically
require borrowing countries to implement comprehensive market-based structural reforms to support the immediate stabilization efforts and long-term market opening and transparency.
In consultation with the Congress, the Administration expects to request a 1998 supplemental appropriation amounting to the dollar equivalent of 2,462 million Special Drawing
Rights, $3.4 billion, to cover the United States’ share of the
proposed NAB. This supplemental request would allow the
United States to provide its fair share of contingent supplementary resources for the IMF for dealing with international
financial crises of systemic import.
In accordance with the budgetary treatment recommended
by the Presidential Commission on Budgetary concepts in
1968 and modified by the Congress in 1980, United States’
transactions with the IMF under the NAB, as under the GAB,
will not be scored as outlays and thus will not increase the
deficit. This is because the United States would receive a
liquid, interest-bearing claim on the IMF corresponding to
any transfer under the NAB to the IMF, and that claim
would be backed by the IMF’s substantial reserves, including
its holdings of gold. The authority for a discretionary cap
adjustment to accommodate the budget authority for an appropriation for the NAB was obtained in P.L. 105–33.
CONTRIBUTION TO THE ENHANCED STRUCTURAL ADJUSTMENT
FACILITY OF THE INTERNATIONAL MONETARY FUND
For payment to the Interest Subsidy Account of the Enhanced Structural Adjustment Facility of the International Monetary Fund,
$7,000,000, to remain available until expended. (Additional authorizing legislation required.)
Program and Financing (in millions of dollars)
Identification code 11–0005–0–1–155

1997 actual

1998 est.

1999 est.

Program and Financing (in millions of dollars)

Obligations by program activity:
Direct program ............................................................... ................... ...................

10.00

Total obligations (object class 41.0) ........................ ................... ...................

22.00
23.95

7
–7

40.00

INTERNATIONAL MONETARY FUND

00.01

New budget authority (gross), detail:
Appropriation .................................................................. ................... ...................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
97
71
73.10 New obligations ............................................................. ................... ...................
73.20 Total outlays (gross) ......................................................
–26
–24
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................
71
47
72.40

Identification code 11–0074–0–1–155

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
24.40 Unobligated balance available, end of year:
Uninvested .................................................................

1997 actual

1998 est.

1999 est.

21.40

6,260

47
7
–22
32

86.93
Net budget authority and outlays:
89.00 Budget authority ............................................................ ................... ................... ...................
90.00 Outlays ........................................................................... ................... ................... ...................

New Arrangements to Borrow.—The New Arrangements to
Borrow (NAB), proposed by the IMF in 1997, is modeled on
the General Arrangements to Borrow (GAB), which was established in 1962 by 10 industrial countries including the United
States. The GAB is a set of individual credit lines extended
to the IMF by participating countries; these credit lines are
intended to supplement the IMF’s resources when responding

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................ ................... ...................
Outlays ...........................................................................
26
24

7
22

The Enhanced Structural Adjustment Facility (ESAF) is
an important feature of United States’ foreign economic policy
in the developing world. The relatively modest U.S. contribution to the facility helps to leverage $15 billion in total
concessional lending to developing and transitional economies.
ESAF promotes strong market-based economic and financial

MILITARY SALES PROGRAMS
Trust Funds

INTERNATIONAL ASSISTANCE PROGRAMS

reforms, catalyzes other sources of assistance, supports the
multilateral program for sustainable debt for the most heavily
indebted poor countries (HIPC), and advances the objectives
of the Administration’s Partnership for Growth and Opportunity in Africa. Countries that borrow from ESAF are usually required to adopt strong multi-year economic and structural reform programs that foster a transition to open, transparent, market-based economic activity. ESAF programs advance critical U.S. interests in promoting economic growth,
financial stability, and the conditions essential to foster open
and accountable democratic institutions.
Created by the International Monetary Fund (IMF) in 1987,
ESAF provides financing on concessional terms to poor countries with protracted balance of payments problems. These
poor countries, most of which are in Africa or were part
of the former Soviet Union, generally do not have access
to private capital flows and are otherwise dependent principally upon direct aid flows from official bilateral sources
to meet their external financing needs. ESAF obtains its resources from members of the IMF through loans to the ESAF
Trust or through contributions to its interest subsidy account.
In the late 1980’s, Congress authorized and appropriated $150
million for the U.S. contributions to the initial ESAF interest
subsidy account. In 1994 the IMF membership agreed to an
expanded and enlarged successor ESAF, bringing the total
amount available for loans to roughly $15 billion. The Administration offered to contribute an additional $100 million to
the interest subsidy account to help support the enlarged
loan capacity under this expanded ESAF. This $100 million
would outlay over a 15-year period. The Congress authorized
and appropriated $25 million of this amount in 1995. There
is still $75 million outstanding from this commitment.
The Administration is seeking an appropriation of $7 million for 1999 to meet part of the remaining $75 million commitment to the enlarged ESAF. It is also seeking authorization for this $75 million.

70.00

971

Total new budget authority (gross) ..........................

Change in unpaid obligations:
Unpaid obligations, start of year: Obligated balance:
Uninvested .................................................................
73.10 New obligations .............................................................
73.20 Total outlays (gross) ......................................................
73.45 Adjustments in unexpired accounts ..............................
74.40 Unpaid obligations, end of year: Obligated balance:
Uninvested .................................................................

75
1
–14
–17

44
3
–26
–1

20
6
–20
–1

Outlays (gross), detail:
Outlays from new current authority .............................. ...................
Outlays from permanent balances ................................
14

3
24

6
14

72.40

86.90
86.98
87.00

Total outlays (gross) .................................................

Offsets:
Against gross budget authority and outlays:
88.40
Offsetting collections (cash) from: Non-Federal
sources ..................................................................

–89

–80

–56

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

–88
–75

–77
–54

–50
–36

89.00
90.00

This fund shows the financing transactions related to the
transfer of defense articles and services to foreign countries
and international organizations. This program is being phased
out.
Balance Sheet (in millions of dollars)
1996 actual

Identification code 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 ................................

1997 actual

1998 est.

1999 est.

269

178

152

158

138

441

302

197

192

..................

1
239

..................
268

..................
197

..................
192

2999

1999

MILITARY SALES PROGRAMS
Federal Funds
Public enterprise funds:

Total liabilities ....................................
NET POSITION:
3200 Invested capital .......................................

Identification code 11–4116–0–3–155

1997 actual

1998 est.

268

197

192

200

..................

Total net position ................................

200

..................

4999

Program and Financing (in millions of dollars)

241

3999

SPECIAL DEFENSE ACQUISITION FUND

Total liabilities and net position ............

441

302

197

192

1999 est.

Obligations by program activity:
09.00 Reimbursable program ..................................................

10.00

Total obligations (object class 25.2) ........................

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
22.00 New budget authority (gross) ........................................
22.10 Resources available from recoveries of prior year obligations .......................................................................
22.40 Capital transfer to general fund ...................................

Trust Funds
FOREIGN MILITARY SALES TRUST FUND

21.40

23.90
23.95
24.40

New budget authority (gross), detail:
Current:
40.29
Appropriation available in prior year ........................
Permanent:
Spending authority from offsetting collections:
68.00
Offsetting collections (cash) ................................
68.27
Capital transfer to general fund ..........................
68.90

194
1

134
3

Unavailable Collections (in millions of dollars)

135
6

Identification code 11–8242–0–7–155

17
1
1
–77 ................... ...................
135
–1

138
–3

142
–6

Balance, start of year:
Encumbered future receipts, start of year ....................
Receipts:
02.01 Deposits, advances, foreign military sales ...................

134

135

136

04.00

01.99

Total: Balances and collections ....................................
Appropriation:
05.01 Foreign military sales trust fund ..................................
07.99 Total balance, end of year ............................................

1997 actual

1998 est.

1999 est.

–19,340

–18,111

–17,711

15,128

13,750

12,550

–4,212

–4,361

–5,161

–13,899
–18,111

–13,350
–17,711

–11,320
–16,481

Program and Financing (in millions of dollars)
89
–89

80
–80

56
–56

Spending authority from offsetting collections
(total) ........................................................... ................... ................... ...................

Identification code 11–8242–0–7–155

09.01
09.02

Obligations by program activity:
Military personnel ..........................................................
Operations and maintenance ........................................

1997 actual

87
265

1998 est.

83
255

1999 est.

71
216

972

MILITARY SALES PROGRAMS—Continued
Trust Funds—Continued

THE BUDGET FOR FISCAL YEAR 1999
FMS TRUST FUND TRANSACTIONS

FOREIGN MILITARY SALES TRUST FUND—Continued

1997 actual

Identification code 11–8242–0–7–155

1998 est.

1999 est.

Obligations of the fund ...............................................................
Receipts from foreign governments (appropriation) ...................

Program and Financing (in millions of dollars)—Continued

13,899
–15,128

13,350
–13,750

11,320
–12,550

Net budget authority ..........................................................

–1,279

–400

–1,230

Payments from the fund (outlays) ..............................................
Receipts from foreign governments (appropriation) ...................

15,096
–15,128

13,760
–13,750

12,550
–12,550

Net outlays .........................................................................

–32

1999 est.

09.03
09.04
09.05
09.06
09.07
09.08

Procurement ...................................................................
Research, development, test and evaluation ................
Special defense acquisition fund ..................................
Revolving and management funds ...............................
Construction ...................................................................
Other ..............................................................................

11,788
21
166
1,091
126
355

11,393
20
80
1,048
121
350

9,628
17
56
889
103
340

09.99

Total reimbursable program ......................................

13,899

13,350

11,320

10.00

Total obligations (object class 25.3) ........................

13,899

13,350

11,320

10 ....................

KUWAIT CIVIL RECONSTRUCTION TRUST FUND
Unavailable Collections (in millions of dollars)

13,899
–13,899

13,350
–13,350

11,320
–11,320

New budget authority (gross), detail:
Appropriation (trust fund, indefinite) ............................
Portion applied to liquidate contract authority .............

15,128
–15,128

13,750
–13,750

12,550
–12,550

60.27
60.49

1997 actual

Identification code 11–8238–0–7–155

06.10

70.00

Appropriation (total) .................................................. ................... ................... ...................
Contract authority (indefinite) .......................................
13,899
13,350
11,320
Total new budget authority (gross) ..........................

13,899

Change in unpaid obligations:
Unpaid obligations, start of year:
Obligated balance:
72.40
Uninvested ............................................................
72.49
Contract authority .................................................

13,350

11,320

1997 actual

5,919
18,111

5,909
17,711

25,227
13,899
–15,096

24,030
13,350
–13,760

23,620
11,320
–12,550

74.40
74.49

Total unpaid obligations, start of year ................
New obligations .............................................................
Total outlays (gross) ......................................................
Unpaid obligations, end of year:
Obligated balance:
Uninvested ............................................................
Contract authority .................................................

5,919
18,111

5,909
17,711

5,909
16,481

74.99

Total unpaid obligations, end of year ..................

24,030

23,620

22,390

86.97
86.98

Outlays (gross), detail:
Outlays from new permanent authority .........................
Outlays from permanent balances ................................

1,736
13,360

1,582
12,178

Total outlays (gross) .................................................

15,096

13,760

12,550

89.00
90.00

Net budget authority and outlays:
Budget authority ............................................................
Outlays ...........................................................................

13,899
15,096

13,350
13,760

11,320
12,550

1999 est.

Total budgetary resources available for obligation
Unobligated balance available, end of year:
Uninvested .................................................................

3 ...................
–3 ...................

3 ................... ...................
3 ................... ...................

1,443
11,107

87.00

1998 est.

21.40

23.90
24.40
5,887
19,340

1999 est.

3 ...................

Program and Financing (in millions of dollars)
Identification code 11–8238–0–7–155

63.00
66.15

1998 est.

Unobligated balance returned to receipts ..................... ...................

72.99
73.10
73.20

89.00
90.00

This trust fund was established to show the U.S. costs
in helping the Government of Kuwait survey and assess the
cost of repairing its civil infrastructure. The Government of
Kuwait reimburses the United States with its own funds for
all incurred expenses. Any unused funds will be returned
to the Government of Kuwait.

SPECIAL ASSISTANCE FOR CENTRAL
AMERICA
Federal Funds
General and special funds:
DEMOBILIZATION

Status of Contract Authority (in millions of dollars)

AND

TRANSITION FUND

Program and Financing (in millions of dollars)
1997 actual

Identification code 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 .....................................................

1998 est.

1999 est.

19,340

18,111

17,711

13,899
–15,128
18,111

13,350
–13,750
17,711

11,320
–12,550
16,481

This trust fund facilitates government-to-government sales
of defense articles, defense services, and design and construction services. Estimates of sales used in this budget are (in
millions of dollars):
ESTIMATES OF NEW SALES
1997 actual

Estimates of new orders (sales) .................................................

8,808

1998 est.

10,300

1999 est.

Identification code 72–1500–0–1–152

1997 actual

1998 est.

1999 est.

72.40

5
–2

3 ...................
–3 ...................

3 ................... ...................

86.93

Outlays (gross), detail:
Outlays from current balances ......................................

89.00
90.00

3 ...................

10,700

Orders placed through this trust fund can be combined
with procurement for U.S. military departments. The savings
are shared by the United States and foreign governments.
The net impact of foreign military sales on the budget is
(in millions of dollars):

Funds for this account were transferred from Foreign Military Financing pursuant to P.L. 101–513, to support costs
of demobilization, retraining, relocation, and reemployment
in civilian pursuits of former combatants in the conflict in
El Salvador.

TITLE V—GENERAL PROVISIONS

INTERNATIONAL ASSISTANCE PROGRAMS
CENTRAL AMERICAN RECONCILIATION ASSISTANCE
Program and Financing (in millions of dollars)
1997 actual

Identification code 11–1038–0–1–152

1998 est.

1999 est.

Budgetary resources available for obligation:
Unobligated balance available, start of year:
Uninvested .................................................................
24.40 Unobligated balance available, end of year:
Uninvested .................................................................

21.40

1 ...................

1 ................... ...................

72.40

89.00
90.00

current fiscal year: Provided, That appropriate steps shall be taken
to assure that, to the maximum extent possible, United States-owned
foreign currencies are utilized in lieu of dollars: Provided further,
That of the funds made available by this Act for general costs of
administering military assistance and sales under the heading ‘‘Foreign Military Financing Program’’, not to exceed $2,000 shall be available for entertainment expenses and not to exceed $50,000 shall
be available for representation allowances: Provided further, That
of the funds made available by this Act under the heading ‘‘International Military Education and Training’’, not to exceed $50,000
shall be available for entertainment allowances: Provided further,
That of the funds made available by this Act for the Inter-American
Foundation, not to exceed $2,000 shall be available for entertainment
and representation allowances: Provided further, That of the funds
made available by this Act for the Peace Corps, not to exceed a
total of $4,000 shall be available for entertainment expenses: Provided further, That of the funds made available by this Act under
the heading ‘‘Trade and Development Agency’’, not to exceed $2,000
shall be available for representation and entertainment allowances.
PROHIBITION

Funds for this account were transferred from the Department of Defense in accordance with Public Law 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.
GENERAL FUND RECEIPT ACCOUNTS
(in millions of dollars)
1997 actual

Offsetting receipts from the public:
11–146800 Interest on foreign military credit sales ..........
11–296800 Repayment of loans, foreign military credit
sales ...................................................................................
72–294100 Dollar repayments of loans, Agency for International Development .........................................................

1998 est.

1999 est.

208

172

137

653

553

391

–1 ................... ...................

General Fund Offsetting receipts from the public .....................

860

725

528

TITLE V—GENERAL PROVISIONS
OBLIGATIONS DURING LAST MONTH

AVAILABILITY

SEC. 501. Except for the appropriations entitled ‘‘International Disaster Assistance’’, and ‘‘United States Emergency Refugee and Migration Assistance Fund’’, not more than 15 percent of any appropriation
item made available by this Act shall be obligated during the last
month of availability.
PROHIBITION

BILATERAL FUNDING FOR INTERNATIONAL
FINANCIAL INSTITUTIONS

SEC. 502. Notwithstanding section 614 of the Foreign Assistance
Act of 1961, as amended, none of the funds contained in title II
of this Act may be used to carry out the provisions of section 209(d)
of the Foreign Assistance Act of 1961.
LIMITATION

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

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

REPRESENTATIONAL ALLOWANCES

SEC. 505. Of the funds appropriated or made available pursuant
to this Act, not to exceed $95,000 shall be available for representation
allowances for the Agency for International Development during the

973

FINANCING NUCLEAR GOODS

SEC. 506. None of the funds appropriated or made available (other
than funds for ‘‘Nonproliferation, Anti-terrorism, Demining and Related Programs’’) pursuant to this Act, for carrying out the Foreign
Assistance Act of 1961, may be used, except for purposes of nuclear
safety, to finance the export of nuclear equipment, fuel, or technology.
PROHIBITION AGAINST DIRECT FUNDING

FOR

CERTAIN COUNTRIES

SEC. 507. None of the funds appropriated or otherwise made available pursuant to this Act shall be obligated or expended to finance
directly any assistance or reparations to Cuba, Iraq, Libya, North
Korea, Iran, Sudan, or Syria, unless the President determines that
to do so is in the national interest of the United States: Provided,
That for purposes of this section, the prohibition on obligations or
expenditures shall include direct loans, credits, insurance and guarantees of the Export-Import Bank or its agents.
MILITARY COUPS
SEC. 508. None of the funds appropriated or otherwise made available pursuant to this Act shall be obligated or expended to finance
directly any assistance to any country whose duly elected head of
government is deposed by military coup or decree, unless the President determines that to do so is in the national interest of the United
States: Provided, That assistance may be resumed to such country
if the President determines and reports to the Committees on Appropriations that subsequent to the termination of assistance a democratically elected government has taken office.
TRANSFERS BETWEEN ACCOUNTS
SEC. 509. None of the funds made available by this Act may be
obligated under an appropriation account to which they were not
appropriated, except for transfers specifically provided for in this
Act, unless the President, prior to the exercise of any authority contained in the Foreign Assistance Act of 1961 to transfer funds,
consults with and provides a written policy justification to the Committees on Appropriations of the House of Representatives and the
Senateø: Provided, That the exercise of such authority shall be subject to the regular notification procedures of the Committees on Appropriations¿.
DEOBLIGATION/REOBLIGATION AUTHORITY
SEC. 510. (a) Amounts certified pursuant to section 1311 of the
Supplemental Appropriations Act, 1955, as having been obligated
against appropriations heretofore made under the authority of the
Foreign Assistance Act of 1961 for the same general purpose as
any of the headings under title II of this Act are, if deobligated,
hereby continued available for the same period as the respective
appropriations under such headings or until September 30, ø1998¿
1999, whichever is later, and for the same general purpose, and
for countries within the same region as originally obligated: Provided,
That the Appropriations Committees of both Houses of the Congress
are notified 15 days in advance of the reobligation of such funds
in accordance with regular notification procedures of the Committees
on Appropriations.
(b) Obligated balances of funds appropriated to carry out section
23 of the Arms Export Control Act as of the end of the fiscal year
immediately preceding the current fiscal year are, if deobligated,
hereby continued available during the current fiscal year for the
same purpose under any authority applicable to such appropriations

974

TITLE V—GENERAL PROVISIONS—Continued

THE BUDGET FOR FISCAL YEAR 1999

DEOBLIGATION/REOBLIGATION AUTHORITY—Continued
under this Act: Provided, That the authority of this subsection may
not be used in fiscal year ø1998¿ 1999.
AVAILABILITY

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

ASSISTANCE

COUNTRIES

DEFAULT

SEC. 512. No part of any appropriation contained in this Act shall
be used to furnish assistance to any country which is in default
during a period in excess of one calendar year in payment to the
United States of principal or interest on any loan made to such
country by the United States pursuant to a program for which funds
are appropriated under this Act, unless the President determines that
furnishing assistance to such country is in the national interest of
the United States: Provided, That this section and section 620(q)
of the Foreign Assistance Act of 1961 shall not apply to funds made
available in this Act or during the current fiscal year for Nicaragua,
the Democratic Republic of Congo, and Liberia, and for any narcoticsrelated assistance for Colombia, Bolivia, and Peru authorized by the
Foreign Assistance Act of 1961 or the Arms Export Control Act.
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. (a) For the purposes of providing the executive
branch with the necessary administrative flexibility, none of the funds
made available under this Act for ‘‘Child Survival and Disease Programs Fund’’, ‘‘Development Assistance’’, ‘‘Development Credit Authority’’, ‘‘International organizations and programs’’, ‘‘Trade and Development Agency’’, ‘‘International narcotics control’’, ‘‘Narcotics Interdiction’’, ‘‘Assistance for Eastern Europe and the Baltic States’’, ‘‘Assistance for the New Independent States of the Former Soviet Union’’,
‘‘Economic Support Fund’’, ‘‘Peacekeeping operations’’, ‘‘Operating expenses of the Agency for International Development’’, ‘‘Operating expenses of the Agency for International Development Office of Inspector General’’, ‘‘Nonproliferation, anti-terrorism, demining and related
programs’’, ‘‘Foreign Military Financing Program’’, ‘‘International
military education and training’’, ‘‘Peace Corps’’, ‘‘Migration and refugee assistance’’, shall be available for obligation for activities, programs, projects, type of materiel assistance, countries, or other operations not justified or in excess of the amount justified to the Appropriations Committees for obligation under any of these specific headings unless the Appropriations Committees of both Houses of Congress are previously notified 15 days in advance: Provided, That
the President shall not enter into any commitment of funds appropriated for the purposes of section 23 of the Arms Export Control
Act for the provision of major defense equipment, other than conventional ammunition, or other major defense items defined to be aircraft, ships, missiles, or combat vehicles, not previously justified to
Congress or 20 percent in excess of the quantities justified to Congress unless the Committees on Appropriations are notified 15 days
in advance of such commitment: Provided further, That this section
shall not apply to any reprogramming for an activity, program, or
project under chapter 1 of part I of the Foreign Assistance Act of
1961 of less than 10 percent of the amount previously justified to
the Congress for obligation for such activity, program, or project
for the current fiscal year: Provided further, That the requirements
of this section or any similar provision of this Act or any other
Act, including any prior Act requiring notification in accordance with
the regular notification procedures of the Committees on Appropriations, may be waived if failure to do so would pose a substantial
risk to human health or welfare, or that waiving such requirement
is in the national interest of the United States: Provided further,
That in case of any such waiver, notification to the Congress, or
the appropriate congressional committees, shall be provided as early
as practicable, but in no event later than three days after taking
the action to which such notification requirement was applicable,
in the context of the circumstances necessitating such waiver: Provided further, That any notification provided pursuant to such a
waiver shall contain an explanation of the emergency circumstances.
(b) Drawdowns made pursuant to section 506(a)(2) of the Foreign
Assistance Act of 1961 shall be subject to the regular notification
procedures of the Committees on Appropriations.
AVAILABILITY OF FUNDS FOR INTERNATIONAL
ORGANIZATIONS AND PROGRAMS

LIMITATION ON

SEC. 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

TITLE V—GENERAL PROVISIONS—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
because of the implementation of this section or any similar provision
of law, shall remain available for obligation through September 30,
ø1999¿ 2000.
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

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
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.
øREPORTING REQUIREMENT¿
øSEC. 519. Section 25 of the Arms Export Control Act is amended—
(1) in subsection (a), by striking ‘‘Congress’’ and inserting in
lieu thereof ‘‘appropriate congressional committees’’;
(2) in subsection (b), by striking ‘‘the Committee on Foreign Relations of the Senate or the Committee on Foreign Affairs of the
House of Representatives’’ and inserting in lieu thereof ‘‘any of
the congressional committees described in subsection (e)’’; and
(3) by adding the following subsection:
‘‘(e) As used in this section, the term ‘appropriate congressional
committees’ means the Committee on Foreign Relations and the Committee on Appropriations of the Senate and the Committee on International Relations and the Committee on Appropriations of the House
of Representatives.’’.¿
øSPECIAL NOTIFICATION REQUIREMENTS¿
øSEC. 520. None of the funds appropriated in this Act shall be
obligated or expended for Colombia, Haiti, Liberia, Pakistan, Panama,
Peru, Serbia, Sudan, or the Democratic Republic of Congo except
as provided through the regular notification procedures of the Committees on Appropriations.¿
DEFINITION

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 following accounts: Economic Support Fund and Foreign Military Financing
Program, ‘‘program, project, and activity’’ shall also be considered
to include country, regional, and central program level funding within
each such account; for the development assistance accounts of the
Agency for International Development ‘‘program, project, and activity’’
shall also be considered to include central program level funding,
either as: (1) justified to the Congress; or (2) allocated by the execu-

975

tive branch in accordance with a report, to be provided to the Committees on Appropriations within 30 days of enactment of this Act,
as required by section 653(a) of the Foreign Assistance Act of 1961.
CHILD SURVIVAL, AIDS,

AND

OTHER ACTIVITIES

SEC. ø522¿ 517. Up to $10,000,000 of the funds made available
by this Act for assistance for family planning, health, child survival,
basic education, and AIDS, may be used to reimburse United States
Government agencies, agencies of State governments, institutions of
higher learning, and private and voluntary organizations for the full
cost of individuals (including for the personal services of such individuals) detailed or assigned to, or contracted by, as the case may
be, the Agency for International Development for the purpose of carrying out family planning activities, child survival, and basic education activities, and activities relating to research on, and the treatment and control of acquired immune deficiency syndrome in developing countries: Provided, That funds appropriated by this Act that
are made available for child survival activities or activities relating
to research on, and the treatment and control of, acquired immune
deficiency syndrome may be made available notwithstanding any provision of law that restricts assistance to foreign countries: Provided
further, That funds appropriated by this Act that are made available
for family planning activities may be made available notwithstanding
section 512 of this Act and section 620(q) of the Foreign Assistance
Act of 1961.
PROHIBITION AGAINST INDIRECT FUNDING

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 United States.
RECIPROCAL LEASING
SEC. ø524¿ 519. Section 61(a) of the Arms Export Control Act
is amended by striking out ø‘‘1997’’¿ ‘‘1998’’ and inserting in lieu
thereof ø‘‘1998’’¿ ‘‘1999’’.
øNOTIFICATION

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.¿
EXCESS DEFENSE EQUIPMENT

FOR

CENTRAL EUROPEAN COUNTRIES

SEC. 520. Section 105 of P.L. 104–164 (110 Stat 1427) is amended
by striking ‘‘1996 and 1997’’ and inserting, ‘‘1999 and 2000’’.
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

BILATERAL ASSISTANCE

TERRORIST COUNTRIES

SEC. ø527. (a) Notwithstanding any other provision of law, funds¿
521. (a) Funds appropriated for bilateral assistance under any heading of this Act and funds appropriated under any such heading in
a provision of law enacted prior to enactment of this Act, shall not
be made available to any country which the President determines—
(1) grants sanctuary from prosecution to any individual or group
which has committed an act of international terrorism; or
(2) otherwise supports international terrorism.
(b) The President may waive the application of subsection (a) to
a country if the President determines that national security or humanitarian reasons justify such waiver. The President shall publish
each waiver in the Federal Register and, at least 15 days before
the waiver takes effect, shall notify the Committees on Appropriations
of the waiver (including the justification for the waiver) in accordance
with the regular notification procedures of the Committees on Appropriations.

976

TITLE V—GENERAL PROVISIONS—Continued

COMMERCIAL LEASING

DEFENSE ARTICLES

SEC. ø528¿ 522. 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. 529. All Agency for International Development contracts and
solicitations, and subcontracts entered into under such contracts,
shall include a clause requiring that United States insurance companies have a fair opportunity to bid for insurance when such insurance
is necessary or appropriate.¿
øSTINGERS

IN THE

PERSIAN GULF REGION¿

øSEC. 530. Except as provided in section 581 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act,
1990, the United States may not sell or otherwise make available
any Stingers to any country bordering the Persian Gulf under the
Arms Export Control Act or chapter 2 of part II of the Foreign
Assistance Act of 1961.¿
DEBT-FOR-DEVELOPMENT
SEC. ø531¿ 523. 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. 532. (a) SEPARATE ACCOUNTS FOR LOCAL CURRENCIES.—(1)
If assistance is furnished to the government of a foreign country
under chapter 1 and 10 of part I or chapter 4 of part II of the
Foreign Assistance Act of 1961 under agreements which result in
the generation of local currencies of that country, the Administrator
of the Agency for International Development shall—
(A) require that local currencies be deposited in a separate account established by that government;
(B) enter into an agreement with that government which sets
forth—
(i) the amount of the local currencies to be generated; and
(ii) the terms and conditions under which the currencies so
deposited may be utilized, consistent with this section; and
(C) establish by agreement with that government the responsibilities of the Agency for International Development and that government to monitor and account for deposits into and disbursements
from the separate account.
(2) USES OF LOCAL CURRENCIES.—As may be agreed upon with
the foreign government, local currencies deposited in a separate account pursuant to subsection (a), or an equivalent amount of local
currencies, shall be used only—
(A) to carry out chapter 1 or 10 of part I or chapter 4 of part
II (as the case may be), for such purposes as—
(i) project and sector assistance activities; or
(ii) debt and deficit financing; or
(B) for the administrative requirements of the United States Government.
(3) PROGRAMMING ACCOUNTABILITY.—The Agency for International
Development shall take all necessary steps to ensure that the equivalent of the local currencies disbursed pursuant to subsection (a)(2)(A)
from the separate account established pursuant to subsection (a)(1)
are used for the purposes agreed upon pursuant to subsection (a)(2).
(4) TERMINATION OF ASSISTANCE PROGRAMS.—Upon termination of
assistance to a country under chapter 1 or 10 of part I or chapter
4 of part II (as the case may be), any unencumbered balances of

THE BUDGET FOR FISCAL YEAR 1999
funds which remain in a separate account established pursuant to
subsection (a) shall be disposed of for such purposes as may be
agreed to by the government of that country and the United States
Government.
(5) CONFORMING AMENDMENTS.—The provisions of this subsection
shall supersede the tenth and eleventh provisos contained under the
heading ‘‘Sub-Saharan Africa, Development Assistance’’ as included
in the Foreign Operations, Export Financing, and Related Programs
Appropriations Act, 1989 and sections 531(d) and 609 of the Foreign
Assistance Act of 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
chapter 1 or 10 of part I or chapter 4 of part II of the Foreign
Assistance Act of 1961, as cash transfer assistance or as nonproject
sector assistance, that country shall be required to maintain such
funds in a separate account and not commingle them with any other
funds.
(2) Applicability of Other Provisions of Law.—Such funds may be
obligated and expended notwithstanding provisions of law which are
inconsistent with the nature of this assistance including provisions
which are referenced in the Joint Explanatory Statement of the Committee of Conference accompanying House Joint Resolution 648 (H.
Report No. 98–1159).
(3) NOTIFICATION.—At least 15 days prior to obligating any such
cash transfer or nonproject sector assistance, the President shall submit a notification through the regular notification procedures of the
Committees on Appropriations, which shall include a detailed description of how the funds proposed to be made available will be used,
with a discussion of the United States interests that will be served
by the assistance (including, as appropriate, a description of the economic policy reforms that will be promoted by such assistance).
(4) EXEMPTION.—Nonproject sector assistance funds may be exempt
from the requirements of subsection (b)(1) only through the notification procedures of the Committees on Appropriations.¿
COMPENSATION FOR UNITED STATES EXECUTIVE DIRECTORS
INTERNATIONAL FINANCIAL INSTITUTIONS

SEC. ø533¿ 524. (a) No funds appropriated by this Act may be
made as payment to any international financial institution while
the United States Executive Director to such institution is compensated by the institution at a rate which, together with whatever
compensation such Director receives from the United States, is in
excess of the rate provided for an individual occupying a position
at level IV of the Executive Schedule under section 5315 of title
5, United States Code, or while any alternate United States Director
to such institution is compensated by the institution at a rate in
excess of the rate provided for an individual occupying a position
at level V of the Executive Schedule under section 5316 of title
5, United States Code.
(b) For purposes of this section, ‘‘international financial institutions’’ are: the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development
Bank, the Asian Development Fund, the African Development Bank,
the African Development Fund, the International Monetary Fund,
the North American Development Bank, and the European Bank
for Reconstruction and Development.
COMPLIANCE WITH UNITED NATIONS SANCTIONS AGAINST IRAQ
SEC. ø534¿ 525. None of the funds appropriated or otherwise made
available pursuant to this Act to carry out the Foreign Assistance
Act of 1961 (including title IV of chapter 2 of part I, relating to
the Overseas Private Investment Corporation) or the Arms Export
Control Act may be used to provide assistance to any country that
is not in compliance with the United Nations Security Council sanctions against Iraq unless the President determines and so certifies
to the Congress that—
(1) such assistance is in the national interest of the United
States;
(2) such assistance will directly benefit the needy people in that
country; or

TITLE V—GENERAL PROVISIONS—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
(3) the assistance to be provided will be humanitarian assistance
for foreign nationals who have fled Iraq and Kuwait.
COMPETITIVE PRICING

FOR

SALES

DEFENSE ARTICLES

SEC. ø535¿ 526. 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.
øEXTENSION

OF AUTHORITY TO
SPECIAL DEFENSE

OBLIGATE FUNDS TO CLOSE
ACQUISITION FUND¿

THE

øSEC. 536. Title III of Public Law 103–306 is amended under the
heading ‘‘Special Defense Acquisition Fund’’ by striking ‘‘1998’’ and
inserting ‘‘2000’’.¿
AUTHORITIES FOR
FOUNDATION AND

THE
THE

PEACE CORPS, THE INTER-AMERICAN
AFRICAN DEVELOPMENT FOUNDATION

SEC. ø537¿ 527. Unless expressly provided to the contrary, provisions of this or any other Act, including provisions contained in prior
Acts authorizing or making appropriations for foreign operations, export financing, and related programs, shall not be construed to prohibit activities authorized by or conducted under the Peace Corps
Act, the Inter-American Foundation Act, or the African Development
Foundation Act. The appropriate agency shall promptly report to
the Committees on Appropriations whenever it is conducting activities or is proposing to conduct activities in a country for which assistance is prohibited.
IMPACT

JOBS

IN THE

UNITED STATES

SEC. ø538¿ 528. None of the funds appropriated by this Act may
be obligated or expended to provide—
(1) any financial incentive to a business enterprise currently located in the United States for the purpose of inducing such an
enterprise to relocate outside the United States if such incentive
or inducement is likely to reduce the number of employees of such
business enterprise in the United States because United States
production is being replaced by such enterprise outside the United
States;
(2) assistance for the purpose of establishing or developing in
a foreign country any export processing zone or designated area
in which the tax, tariff, labor, environment, and safety laws of
that country do not apply, in part or in whole, to activities carried
out within that zone or area, unless the President determines and
certifies that such assistance is not likely to cause a loss of jobs
within the United States; or
(3) assistance for any project or activity that contributes to the
violation of internationally recognized workers rights, as defined
in section 502(a)(4) of the Trade Act of 1974, of workers in the
recipient country, including any designated zone or area in that
country: Provided, That in recognition that the application of this
subsection should be commensurate with the level of development
of the recipient country and sector, the provisions of this subsection
shall not preclude assistance for the informal sector in such country, micro and small-scale enterprise, and smallholder agriculture.
SPECIAL AUTHORITIES
SEC. ø539¿ 529. (a) Funds appropriated in title II of this Act that
are made available for Afghanistan, Lebanon, programs to support
democratization, and for victims of war, displaced children, displaced
Burmese, humanitarian assistance for Romania, and humanitarian
assistance for the peoples of Bosnia and Herzegovina, Croatia, and
Kosova, may be made available notwithstanding any other provision
of law.
(b) Funds appropriated by this Act to carry out the provisions
of sections 103 through 106 of the Foreign Assistance Act of 1961
may be used, notwithstanding any other provision of law, for the
purpose of supporting tropical forestry and energy programs aimed
at reducing emissions of greenhouse gases, and for the purpose of
supporting biodiversity conservation activities: Provided, That such
assistance shall be subject to sections 116, 502B, and 620A of the
Foreign Assistance Act of 1961.
(c) The Agency for International Development may employ personal
services contractors, notwithstanding any other provision of law, for
the purpose of administering programs for the West Bank and Gaza.
(d)(1) WAIVER.—The President may waive the provisions of section
1003 of Public Law 100–204 if the President determines and certifies
in writing to the Speaker of the House of Representatives and the

977

President pro tempore of the Senate that it is important to the
national security interests of the United States.
(2) PERIOD OF APPLICATION OF WAIVER.—Any waiver pursuant to
paragraph (1) shall be effective for no more than a period of six
months at a time and shall not apply beyond twelve months after
enactment of this Act.
(e) During fiscal year 1999, the President may use up to $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.
øPOLICY

TERMINATING

THE

ARAB LEAGUE BOYCOTT

ISRAEL¿

øSEC. 540. It is the sense of the Congress that—
(1) the Arab League countries should immediately and publicly
renounce the primary boycott of Israel and the secondary and tertiary boycott of American firms that have commercial ties with
Israel;
(2) the decision by the Arab League in 1997 to reinstate the
boycott against Israel was deeply troubling and disappointing;
(3) the Arab League should immediately rescind its decision on
the boycott and its members should develop normal relations with
their neighbor Israel; and
(4) the President should—
(A) take more concrete steps to encourage vigorously Arab
League countries to renounce publicly the primary boycotts of
Israel and the secondary and tertiary boycotts of American firms
that have commercial relations with Israel as a confidence-building measure;
(B) take into consideration the participation of any recipient
country in the primary boycott of Israel and the secondary and
tertiary boycotts of American firms that have commercial relations with Israel when determining whether to sell weapons to
said country;
(C) report to Congress on the specific steps being taken by
the President to bring about a public renunciation of the Arab
primary boycott of Israel and the secondary and tertiary boycotts
of American firms that have commercial relations with Israel
and to expand the process of normalizing ties between Arab
League countries and Israel; and
(D) encourage the allies and trading partners of the United
States to enact laws prohibiting businesses from complying with
the boycott and penalizing businesses that do comply.¿
ANTI-NARCOTICS ACTIVITIES
SEC. ø541¿ 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.
øFunds 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. ø542¿ 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, 10, and 11 of part I, and chapter 4 of part II, of the
Foreign Assistance Act of 1961, and the Support for East European
Democracy Act of 1989: Provided, That the President shall take into
consideration, in any case in which a restriction on assistance would
be applicable but for this subsection, whether assistance in support
of programs of nongovernmental organizations is in the national interest: Provided further, That before using the authority of this subsection to furnish assistance in support of programs of nongovernmental organizations, the President shall notify the Committees on
Appropriations under the regular notification procedures of those
committees, including a description of the program to be assisted,
the assistance to be provided, and the reasons for furnishing such
assistance: Provided further, That nothing in this subsection shall

978

TITLE V—GENERAL PROVISIONS—Continued

ELIGIBILITY

FOR

THE BUDGET FOR FISCAL YEAR 1999

ASSISTANCE—Continued

be construed to alter any existing statutory prohibitions against abortion or involuntary sterilizations contained in this or any other Act.
(b) PUBLIC LAW 480.—During fiscal year ø1998¿ 1999, 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 øcountries that violate¿
the government of a country that violates internationally recognized
human rights.
EARMARKS
SEC. ø543¿ 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
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. ø544¿ 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

PUBLICITY

PROPAGANDA

SEC. ø545¿ 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 $500,000 may
be made available to carry out the provisions of section 316 of Public
Law 96–533¿.
PURCHASE

AMERICAN-MADE EQUIPMENT

AND

PRODUCTS

SEC. ø546¿ 535. ø(a)¿ To the maximum extent possible, assistance
provided under this Act should make full use of American resources,
including commodities, products, and services.
ø(b) It is the Sense of the Congress that, to the greatest extent
practicable, all equipment and products purchased with funds made
available in this Act should be American-made.¿
ø(c) In providing financial assistance to, or entering into any contract with, any entity using funds made available in this Act, the
head of each Federal agency, to the greatest extent practicable, shall

provide to such entity a notice describing the statement made in
subsection (b) by the Congress.¿
øPROHIBITION

PAYMENTS

UNITED NATIONS MEMBERS¿

øSEC. 547. None of the funds appropriated or made available pursuant to this Act for carrying out the Foreign Assistance Act of 1961,
may be used to pay in whole or in part any assessments, arrearages,
or dues of any member of the United Nations.¿
øCONSULTING SERVICES¿
øSEC. 548. The expenditure of any appropriation under this Act
for any consulting service through procurement contract, pursuant
to section 3109 of title 5, United States Code, shall be limited to
those contracts where such expenditures are a matter of public record
and available for public inspection, except where otherwise provided
under existing law, or under existing Executive order pursuant to
existing law.¿
øPRIVATE VOLUNTARY ORGANIZATIONS-DOCUMENTATION¿
øSEC. 549. None of the funds appropriated or made available pursuant to this Act shall be available to a private voluntary organization
which fails to provide upon timely request any document, file, or
record necessary to the auditing requirements of the Agency for International Development.¿
øPROHIBITION ON ASSISTANCE TO FOREIGN GOVERNMENTS THAT EXPORT LETHAL MILITARY EQUIPMENT TO COUNTRIES SUPPORTING
INTERNATIONAL TERRORISM¿
øSEC. 550. (a) None of the funds appropriated or otherwise made
available by this Act may be available to any foreign government
which provides lethal military equipment to a country the government of which the Secretary of State has determined is a terrorist
government for purposes of section 40(d) of the Arms Export Control
Act. The prohibition under this section with respect to a foreign
government shall terminate 12 months after that government ceases
to provide such military equipment. This section applies with respect
to lethal military equipment provided under a contract entered into
after October 1, 1997.¿
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 estimated
to be provided, including the estimated dollar amount of such assistance, and an explanation of how the assistance furthers United States
national interests.¿
øWITHHOLDING

ASSISTANCE FOR PARKING FINES OWED
FOREIGN COUNTRIES¿

øSEC. 551. (a) IN GENERAL.—Of the funds made available for a
foreign country under part I of the Foreign Assistance Act of 1961,
an amount equivalent to 110 percent of the total unpaid fully adjudicated parking fines and penalties owed to the District of Columbia
by such country as of the date of enactment of this Act shall be
withheld from obligation for such country until the Secretary of State
certifies and reports in writing to the appropriate congressional committees that such fines and penalties are fully paid to the government
of the District of Columbia.¿
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.¿
øLIMITATION

ASSISTANCE

FOR THE
AND GAZA¿

PLO

FOR THE

WEST BANK

øSEC. 552. None of the funds appropriated by this Act may be
obligated for assistance for the Palestine Liberation Organization for
the West Bank and Gaza unless the President has exercised the
authority under section 604(a) of the Middle East Peace Facilitation
Act of 1995 (title VI of Public Law 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

INTERNATIONAL ASSISTANCE PROGRAMS
Act may not be obligated for assistance for the Palestine Liberation
Organization for the West Bank and Gaza.¿
WAR CRIMES TRIBUNALS DRAWDOWN
SEC. ø553¿ 536. 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. ø554¿ 537. Notwithstanding any other provision of law,
demining equipment available to the Agency for International Development and the Department of State and used in support of the
clearance of landmines and unexploded ordnance for humanitarian
purposes may be disposed of on a grant basis in foreign countries,
subject to such terms and conditions as the President may prescribeø:
Provided, That not later than 90 days after the enactment of this
Act, the Secretary of Defense, in consultation with the Secretary
of State, shall submit a report to the Committees on Appropriations
describing potential alternative technologies or tactics and a plan
for the development of such alternatives to protect anti-tank mines
from tampering in a manner consistent with the ‘‘Convention on
the Prohibition, Use, Stockpiling, Production and Transfer of Antipersonnel Mines and on Their Destruction’’¿.
øRESTRICTIONS CONCERNING

THE

PALESTINIAN AUTHORITY¿

øSEC. 555. None of the funds appropriated by this Act may be
obligated or expended to create in any part of Jerusalem a new
office of any department or agency of the United States Government
for the purpose of conducting official United States Government business with the Palestinian Authority over Gaza and Jericho or any
successor Palestinian governing entity provided for in the Israel-PLO
Declaration of Principles: Provided, That this restriction shall not
apply to the acquisition of additional space for the existing Consulate
General in Jerusalem: Provided further, That meetings between officers and employees of the United States and officials of the Palestinian Authority, or any successor Palestinian governing entity provided
for in the Israel-PLO Declaration of Principles, for the purpose of
conducting official United States Government business with such authority should continue to take place in locations other than Jerusalem. As has been true in the past, officers and employees of the
United States Government may continue to meet in Jerusalem on
other subjects with Palestinians (including those who now occupy
positions in the Palestinian Authority), have social contacts, and have
incidental discussions.¿
PROHIBITION

PAYMENT

CERTAIN EXPENSES

SEC. ø556¿ 538. 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.
øEQUITABLE ALLOCATION

FUNDS¿

øSEC. 557. Not more than 18 percent of the funds appropriated
by this Act to carry out the provisions of sections 103 through 106
and chapter 4 of part II of the Foreign Assistance Act of 1961,

TITLE V—GENERAL PROVISIONS—Continued

979

that are made available for Latin America and the Caribbean region
may be made available, through bilateral and Latin America and
the Caribbean regional programs, to provide assistance for any country in such region.¿
SPECIAL DEBT RELIEF

FOR THE

POOREST

SEC. ø558¿ 539. (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;
(2) credits extended or guarantees issued under the Arms Export
Control Act; or
(3) any obligation or portion of such obligation for a Latin American country, to pay for purchases of United States agricultural
commodities guaranteed by the Commodity Credit Corporation
under export credit guarantee programs authorized pursuant to
section 5(f) of the Commodity Credit Corporation Charter Act of
June 29, 1948, as amended, section 4(b) of the Food for Peace
Act of 1966, as amended (Public Law 89–808), or section 202 of
the Agricultural Trade Act of 1978, as amended (Public Law 95–
501).
(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

DEBT BUYBACKS

SALES

SEC. ø559¿ 540. (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 defined in section 702(6) of that Act
or on receipt of payment from an eligible purchaser, reduce or
cancel such loan or portion thereof, only for the purpose of facilitating—
(A) debt-for-equity swaps, debt-for-development swaps, or debtfor-nature swaps; or
(B) a debt buyback by an eligible country of its own qualified
debt, only if the eligible country uses an additional amount of
the local currency of the eligible country, equal to not less than
40 percent of the price paid for such debt by such eligible country,
or the difference between the price paid for such debt and the
face value of such debt, to support activities that link conservation and sustainable use of natural resources with local community development, and child survival and other child develop-

980

TITLE V—GENERAL PROVISIONS—Continued

AUTHORITY TO ENGAGE

DEBT BUYBACKS

THE BUDGET FOR FISCAL YEAR 1999
OR

SALES—Continued

ment, in a manner consistent with sections 707 through 710
of the Foreign Assistance Act of 1961, if the sale, reduction,
or cancellation would not contravene any term or condition of
any prior agreement relating to such loan.
(2) TERMS AND CONDITIONS.—Notwithstanding any other provision of law, the President shall, in accordance with this section,
establish the terms and conditions under which loans may be sold,
reduced, or canceled pursuant to this section.
(3) ADMINISTRATION.—The Facility, as defined in section 702(8)
of the Foreign Assistance Act of 1961, shall notify the administrator
of the agency primarily responsible for administering part I of
the Foreign Assistance Act of 1961 of purchasers that the President
has determined to be eligible, and shall direct such agency to carry
out the sale, reduction, or cancellation of a loan pursuant to this
section. Such agency shall make an adjustment in its accounts
to reflect the sale, reduction, or cancellation.
(4) LIMITATION.—The authorities of this subsection shall be available only to the extent that appropriations for the cost of the
modification, as defined in section 502 of the Congressional Budget
Act of 1974, are made in advance.
(b) DEPOSIT OF PROCEEDS.—The proceeds from the sale, reduction,
or cancellation of any loan sold, reduced, or canceled pursuant to
this section shall be deposited in the United States Government account or accounts established for the repayment of such loan.
(c) ELIGIBLE PURCHASERS.—A loan may be sold pursuant to subsection (a)(1)(A) only to a purchaser who presents plans satisfactory
to the President for using the loan for the purpose of engaging in
debt-for-equity swaps, debt-for-development swaps, or debt-for-nature
swaps.
(d) DEBTOR CONSULTATIONS.—Before the sale to any eligible purchaser, or any reduction or cancellation pursuant to this section,
of any loan made to an eligible country, the President should consult
with the country concerning the amount of loans to be sold, reduced,
or canceled and their uses for debt-for-equity swaps, debt-for-development swaps, or debt-for-nature swaps.
(e) AVAILABILITY OF FUNDS.—The authority provided by subsection
(a) may be used only with regard to funds appropriated by this
Act under the heading ‘‘Debt restructuring’’.
øINTERNATIONAL FINANCIAL INSTITUTIONS¿
øSEC. 560. (a) AUTHORIZATIONS.—The Secretary of the Treasury
may, to fulfill commitments of the United States: (1) effect the United
States participation in the first general capital increase of the European Bank for Reconstruction and Development, subscribe to and
make payment for 100,000 additional shares of the capital stock
of the Bank on behalf of the United States; and (2) contribute on
behalf of the United States to the eleventh replenishment of the
resources of the International Development Association, to the sixth
replenishment of the resources of the Asian Development Fund, a
special fund of the Asian Development Bank. The following amounts
are authorized to be appropriated without fiscal year limitation for
payment by the Secretary of the Treasury: (1) $285,772,500 for paidin capital, and $984,327,500 for callable capital of the European Bank
for Reconstruction and Development; (2) $1,600,000,000 for the International Development Association; (3) $400,000,000 for the Asian Development Fund; and (4) $76,832,001 for paid-in capital, and
$4,511,156,729 for callable capital of the Inter-American Development
Bank in connection with the eighth general increase in the resources
of that Bank. Each such subscription or contribution shall be subject
to obtaining the necessary appropriations.¿
ø(b) CONSIDERATION OF ENVIRONMENTAL IMPACT OF INTERNATIONAL
FINANCE CORPORATION LOANS.—Section 1307 of the International Financial Institutions Act (Public Law 95–118) is amended as follows:
(1) in subsection (a)(1)(A) strike ‘‘borrowing country’’ and insert
in lieu thereof ‘‘borrower’’;
(2) in subsection (a)(2)(A) strike ‘‘country’’; and
(3) at the end of section 1307, add a new subsection as follows:
‘‘(g) For purposes of this section, the term ‘multilateral development bank’ means any of the institutions named in section 1303(b)
of this Act, and the International Finance Corporation.’’.¿
ø(c) The Secretary of the Treasury shall instruct the United States
Executive Directors of the International Bank for Reconstruction and
Development and the International Development Association to use
the voice and vote of the United States to strongly encourage their
respective institutions to—

(1) provide timely public information on procurement opportunities available to United States suppliers, with a special emphasis
on small business; and
(2) systematically consult with local communities on the potential
impact of loans as part of the normal lending process, and expand
the participation of affected peoples and nongovernmental organizations in decisions on the selection, design and implementation of
policies and projects.¿
SANCTIONS AGAINST COUNTRIES HARBORING WAR CRIMINALS
SEC. ø561¿ 541. (a) BILATERAL ASSISTANCE.—The President is authorized to withhold funds appropriated by this Act under the Foreign
Assistance Act of 1961 or the Arms Export Control Act for any country described in subsection (c).
(b) MULTILATERAL ASSISTANCE.—The Secretary of the Treasury
should instruct the United States executive directors of the international financial institutions to work in opposition to, and vote
against, any extension by such institutions of financing or financial
or technical assistance to any country described in subsection (c).
(c) SANCTIONED COUNTRIES.—A country described in this subsection
is a country the government of which knowingly grants sanctuary
to persons in its territory for the purpose of evading prosecution,
where such persons—
(1) have been indicted by the International Criminal Tribunal
for Rwanda, the International Criminal Tribunal for the former
Yugoslavia, or any other international tribunal with similar standing under international law; or
(2) have been indicted for war crimes or crimes against humanity
committed during the period beginning March 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.
øLIMITATION

ASSISTANCE

FOR

HAITI¿

øSEC. 562. (a) LIMITATION.—None of the funds appropriated or otherwise made available by this Act may be provided to the Government
of Haiti unless the President reports to Congress that the Government of Haiti—
(1) is conducting thorough investigations of extrajudicial and political killings;
(2) is cooperating with United States authorities in the investigations of political and extrajudicial killings;
(3) has substantially completed privatization of (or placed under
long-term private management or concession) at least three major
public enterprises; and
(4) has taken action to remove from the Haitian National Police,
national palace and residential guard, ministerial guard, and any
other public security entity of Haiti those individuals who are
credibly alleged to have engaged in or conspired to conceal gross
violations of internationally recognized human rights.¿
ø(b) EXCEPTIONS.—The limitation in subsection (a) does not apply
to the provision of humanitarian, electoral, counter-narcotics, or law
enforcement assistance.¿
ø(c) WAIVER.—The President may waive the requirements of this
section on a semiannual basis if the President determines and certifies to the appropriate committees of Congress that such waiver
is in the national interest of the United States.¿
ø(d) PARASTATALS DEFINED.—As used in this section, the term
‘‘parastatal’’ means a government-owned enterprise.¿
øREQUIREMENT

FOR

DISCLOSURE
SECRETARY

OF
OF

FOREIGN AID
STATE¿

REPORT

øSEC. 563. (a) FOREIGN AID REPORTING REQUIREMENT.—In addition
to the voting practices of a foreign country, the report required to
be submitted to Congress under section 406(a) of the Foreign Relations Authorization Act, fiscal years 1990 and 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
1997.¿ 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)).¿

TITLE V—GENERAL PROVISIONS—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
øRESTRICTIONS

VOLUNTARY CONTRIBUTIONS
AGENCIES¿

UNITED NATIONS

øSEC. 564. (a) PROHIBITION ON VOLUNTARY CONTRIBUTIONS FOR
UNITED NATIONS.—None of the funds appropriated or otherwise
made available by this Act may be made available to pay any voluntary contribution of the United States to the United Nations (including the United Nations Development Program) if the United Nations implements or imposes any taxation on any United States persons.¿
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

øASSISTANCE

TURKEY¿

øSEC. 565. (a) Not more than $40,000,000 of the funds appropriated
in this Act under the heading ‘‘Economic Support Fund’’ may be
made available for Turkey.¿
ø(b) Of the funds made available under the heading ‘‘Economic
Support Fund’’ for Turkey, not less than 50 percent of these funds
shall be made available for the purpose of supporting private nongovernmental organizations engaged in strengthening democratic institutions in Turkey, providing economic assistance for individuals
and communities affected by civil unrest, and supporting and promoting peaceful solutions and economic development which will contribute to the settlement of regional problems in Turkey.¿
ON ASSISTANCE TO THE PALESTINIAN AUTHORITY OR
THE PALESTINIAN LIBERATION ORGANIZATION

LIMITATION

SEC. ø566¿ 542. (a) PROHIBITION OF FUNDS.—None of the funds
appropriated by this Act to carry out the provisions of chapter 4
of part II of the Foreign Assistance Act of 1961 may be obligated
or expended with respect to providing funds to the Palestinian Authority or the Palestinian Liberation Organization.
(b) WAIVER.—The prohibition included in subsection (a) shall not
apply if the President certifies in writing to the Speaker of the House
of Representatives and the President pro tempore of the Senate that
waiving such prohibition is important to the national security interests of the United States.
(c) PERIOD OF APPLICATION OF WAIVER.—Any waiver pursuant to
subsection (b) shall be effective for no more than a period of six
months at a time and shall not apply beyond twelve months after
enactment of this Act.
øLIMITATION

ASSISTANCE

TO THE

GOVERNMENT

CROATIA¿

øSEC. 567. None of the funds appropriated or otherwise made available by title II of this Act may be made available to the Government
of Croatia to relocate the remains of Croatian Ustashe soldiers, at
the site of the World War II concentration camp at Jasenovac, Croatia.¿
øBURMA LABOR REPORT¿
øSEC. 568. Not later than 120 days after enactment of this Act,
the Secretary of Labor in consultation with the Secretary of State
shall provide to the Committees on Appropriations a report addressing labor practices in Burma.¿
HAITI
SEC. ø569¿ 543. 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.

øLIMITATION

ASSISTANCE

981

SECURITY FORCES¿

øSEC. 570. None of the funds made available by this Act may
be provided to any unit of the security forces of a foreign country
if the Secretary of State has credible evidence that such unit has
committed gross violations of human rights, unless the Secretary
determines and reports to the Committees on Appropriations that
the government of such country is taking effective measures to bring
the responsible members of the security forces unit to justice: Provided, That nothing in this section shall be construed to withhold
funds made available by this Act from any unit of the security forces
of a foreign country not credibly alleged to be involved in gross
violations of human rights: Provided further, That in the event that
funds are withheld from any unit pursuant to this section, the Secretary of State shall promptly inform the foreign government of the
basis for such action and shall, to the maximum extent practicable,
assist the foreign government in taking effective measures to bring
the responsible members of the security forces to justice.¿
øLIMITATIONS

TRANSFER

OF MILITARY EQUIPMENT
TIMOR¿

EAST

øSEC. 571. In any agreement for the sale, transfer, or licensing
of any lethal equipment or helicopter for Indonesia entered into by
the United States pursuant to the authority of this Act or any other
Act, the agreement shall state that the United States expects that
the items will not be used in East Timor: Provided, That nothing
in this section shall be construed to limit Indonesia’s inherent right
to legitimate national self-defense as recognized under the United
Nations Charter and international law.¿
øTRANSPARENCY

BUDGETS¿

øSEC. 572. (a) Section 576(a)(1) of the Foreign Operations, Export
Financing, and Related Programs Appropriations Act, 1997, as contained in Public Law 104–208, is amended to read as follows:
‘‘(1) does not have in place a functioning system for reporting
to civilian authorities audits of receipts and expenditures that fund
activities of the armed forces and security forces;’’. (b) Section
576(a)(2) of the Foreign Operations, Export Financing, and Related
Programs Appropriations Act, 1997, as contained in Public Law
104–208, is amended to read as follows:
‘‘(2) has not provided to the institution information about the
audit process requested by the institution.’’.¿
øRESTRICTIONS ON ASSISTANCE TO COUNTRIES PROVIDING
SANCTUARY TO INDICTED WAR CRIMINALS¿
øSEC. 573. (a) BILATERAL ASSISTANCE.—None of the funds made
available by this or any prior Act making appropriations for foreign
operations, export financing and related programs, may be provided
for any country, entity or canton described in subsection (d).¿
ø(b) MULTILATERAL ASSISTANCE.—
(1) PROHIBITION.—The Secretary of the Treasury shall instruct
the United States executive directors of the international financial
institutions to work in opposition to, and vote against, any extension by such institutions of any financial or technical assistance
or grants of any kind to any country or entity described in subsection (d).
(2) NOTIFICATION.—Not less than 15 days before any vote in
an international financial institution regarding the extension of
financial or technical assistance or grants to any country or entity
described in subsection (d), the Secretary of the Treasury, in consultation with the Secretary of State, shall provide to the Committee on Appropriations and the Committee on Foreign Relations
of the Senate and the Committee on Appropriations and the Committee on Banking and Financial Services of the House of Representatives a written justification for the proposed assistance, including an explanation of the United States position regarding any
such vote, as well as a description of the location of the proposed
assistance by municipality, its purpose, and its intended beneficiaries.
(3) DEFINITION.—The term ‘‘international financial institution’’
includes the International Monetary Fund, the International Bank
for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guaranty Agency, and the European Bank for
Reconstruction and Development.¿
ø(c) EXCEPTIONS.—
(1) IN GENERAL.—Subject to paragraph (2), subsections (a) and
(b) shall not apply to the provision of—
(A) humanitarian assistance;

982

TITLE V—GENERAL PROVISIONS—Continued

øRESTRICTIONS ON ASSISTANCE TO COUNTRIES PROVIDING
SANCTUARY TO INDICTED WAR CRIMINALS¿—Continued
(B) democratization assistance;
(C) assistance for cross border physical infrastructure projects
involving activities in both a sanctioned country, entity, or canton
and a nonsanctioned contiguous country, entity, or canton, if
the project is primarily located in and primarily benefits the
nonsanctioned country, entity, or canton and if the portion of
the project located in the sanctioned country, entity, or canton
is necessary only to complete the project;
(D) small-scale assistance projects or activities requested by
United States Armed Forces that promote good relations between
such forces and the officials and citizens of the areas in the
United States SFOR sector of Bosnia;
(E) implementation of the Brcko Arbitral Decision;
(F) lending by the international financial institutions to a country or entity to support common monetary and fiscal policies
at the national level as contemplated by the Dayton Agreement;
or
(G) direct lending to a non-sanctioned entity, or lending passed
on by the national government to a non-sanctioned entity.
(2) FURTHER LIMITATIONS.—Notwithstanding paragraph (1)—
(A) no assistance may be made available by this Act, or any
prior Act making appropriations for foreign operations, export
financing and related programs, in any country, entity, or canton
described in subsection (d), for a program, project, or activity
in which a publicly indicted war criminal is known to have any
financial or material interest; and
(B) no assistance (other than emergency foods or medical assistance or demining assistance) may be made available by this
Act, or any prior Act making appropriations for foreign operations, export financing and related programs for any program,
project, or activity in a community within any country, entity
or canton described in subsection (d) if competent authorities
within that community are not complying with the provisions
of Article IX and Annex 4, Article II, paragraph 8 of the Dayton
Agreement relating to war crimes and the Tribunal.¿
ø(d) SANCTIONED COUNTRY, ENTITY, OR CANTON.—A sanctioned
country, entity, or canton described in this section is one whose
competent authorities have failed, as determined by the Secretary
of State, to take necessary and significant steps to apprehend and
transfer to the Tribunal all persons who have been publicly indicted
by the Tribunal.¿
ø(e) WAIVER.—
(1) IN GENERAL.—The Secretary of State may waive the application of subsection (a) or subsection (b) with respect to specified
bilateral programs or international financial institution projects or
programs in a sanctioned country, entity, or canton upon providing
a written determination to the Committee on Appropriations and
the Committee on Foreign Relations of the Senate and the Committee on Appropriations and the Committee on International Relations of the House of Representatives that such assistance directly
supports the implementation of the Dayton Agreement and its Annexes, which include the obligation to apprehend and transfer indicted war criminals to the Tribunal.
(2) REPORT.—Not later than 15 days after the date of any written
determination under paragraph (e)(1), the Secretary of State shall
submit a report to the Committee on Appropriations and the Committee on Foreign Relations of the Senate and the Committee on
Appropriations and the Committee on International Relations of
the House of Representatives regarding the status of efforts to
secure the voluntary surrender or apprehension and transfer of
persons indicted by the Tribunal, in accordance with the Dayton
Agreement, and outlining obstacles to achieving this goal.
(3) ASSISTANCE PROGRAMS AND PROJECTS AFFECTED.—Any waiver
made pursuant to this subsection shall be effective only with respect to a specified bilateral program or multilateral assistance
project or program identified in the determination of the Secretary
of State to Congress.¿
ø(f) TERMINATION OF SANCTIONS.—The sanctions imposed pursuant
to subsections (a) and (b) with respect to a country or entity shall
cease to apply only if the Secretary of State determines and certifies
to Congress that the authorities of that country, entity, or canton
have apprehended and transferred to the Tribunal all persons who
have been publicly indicted by the Tribunal.¿
ø(g) DEFINITIONS.—As used in this section—
(1) COUNTRY.—The term ‘‘country’’ means Bosnia-Herzegovina,
Croatia, and Serbia-Montenegro (Federal Republic of Yugoslavia).

THE BUDGET FOR FISCAL YEAR 1999
(2) ENTITY.—The term ‘‘entity’’ refers to the Federation of Bosnia
and Herzegovina and the Republika Srpska.
(3) CANTON.—The term ‘‘canton’’ means the administrative units
in Bosnia and Herzegovina.
(4) DAYTON AGREEMENT.—The term ‘‘Dayton Agreement’’ means
the General Framework Agreement for Peace in Bosnia and
Herzegovina, together with annexes relating thereto, done at Dayton, November 10 through 16, 1995.
(5) TRIBUNAL.—The term ‘‘Tribunal’’ means the International
Criminal Tribunal for the Former Yugoslavia.¿
ø(h) ROLE OF HUMAN RIGHTS ORGANIZATIONS AND GOVERNMENT
AGENCIES.—In carrying out this subsection, the Secretary of State,
the Administrator of the Agency for International Development, and
the executive directors of the international financial institutions shall
consult with representatives of human rights organizations and all
government agencies with relevant information to help prevent publicly indicted war criminals from benefitting from any financial or
technical assistance or grants provided to any country or entity described in subsection (d).¿
øEXTENSION

CERTAIN ADJUDICATION PROVISIONS¿

øSEC. 574. 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 1997’’ and inserting
‘‘1997, and 1998’’; and
(B) in subsection (e), by striking ‘‘October 1, 1997’’ each place
it appears and inserting ‘‘October 1, 1998’’; and
(2) in section 599E (8 U.S.C. 1255 note) in subsection (b)(2),
by striking ‘‘September 30, 1997’’ and inserting ‘‘September 30,
1998’’.¿
ADDITIONAL REQUIREMENTS RELATING TO STOCKPILING
ARTICLES FOR FOREIGN COUNTRIES

DEFENSE

SEC. ø575¿ 544. (a) VALUE OF ADDITIONS TO STOCKPILES.—Section
514(b)(2)(A) of the Foreign Assistance Act of 1961 (22 U.S.C.
2321h(b)(2)(A)) is amended by inserting before the period at the end
the following: ‘‘and ø$60,000,000 for fiscal year 1998’’¿ $340,000,000
for fiscal year 1999’’.
(b) REQUIREMENTS RELATING TO THE REPUBLIC OF KOREA AND THAILAND.—Section 514(b)(2)(B) of such Act (22 U.S.C. 2321h(b)(2)(B))
is amended by adding at the end the following: ‘‘Of the amount
specified in subparagraph (A) for fiscal year ø1998, not more than
$40,000,000¿ 1999, not more than $320,000,000 may be made available for stockpiles in the Republic of Korea and not more than
$20,000,000 may be made available for stockpiles in Thailand.’’.
øDELIVERY

DRAWDOWN BY COMMERCIAL TRANSPORTATION
SERVICES¿

øSEC. 576. Section 506 of the Foreign Assistance Act of 1961 (22
U.S.C. 2318) is amended—
(1) in subsection (b)(2), by striking the period and inserting the
following: ‘‘, including providing the Congress with a report detailing all defense articles, defense services, and military education
and training delivered to the recipient country or international
organization upon delivery of such articles or upon completion of
such services or education and training. Such report shall also
include whether any savings were realized by utilizing commercial
transport services rather than acquiring those services from United
States Government transport assets.’’;
(2) by redesignating subsection (c) as subsection (d); and
(3) by inserting after subsection (b) the following:
‘‘(c) For the purposes of any provision of law that authorizes
the drawdown of defense or other articles or commodities, or
defense or other services from an agency of the United States
Government, such drawdown may include the supply of commercial transportation and related services that are acquired by contract for the purposes of the drawdown in question if the cost
to acquire such commercial transportation and related services
is less than the cost to the United States Government of providing such services from existing agency assets.’’.¿
øTO PROHIBIT FOREIGN ASSISTANCE TO THE GOVERNMENT OF RUSSIA SHOULD IT IMPLEMENT LAWS WHICH WOULD DISCRIMINATE
AGAINST MINORITY RELIGIOUS FAITHS IN THE RUSSIAN FEDERATION¿
øSEC. 577. (a) None of the funds appropriated under this Act may
be made available for the Government of the Russian Federation

TITLE V—GENERAL PROVISIONS—Continued

INTERNATIONAL ASSISTANCE PROGRAMS
unless within 30 days of the date this section becomes effective the
President determines and certifies in writing to the Committees on
Appropriations and the Committee on Foreign Relations of the Senate
and the Committee on International Relations of the House of Representatives that the Government of the Russian Federation has implemented no statute, executive order, regulation or similar government action that would discriminate, or would have as its principal
effect discrimination, against religious groups or religious communities in the Russian Federation in violation of accepted international
agreements on human rights and religious freedoms to which the
Russian Federation is a party.¿
ø(b) This section shall become effective 150 days after the enactment of this Act.¿
øUNITED STATES POLICY REGARDING SUPPORT FOR COUNTRIES
THE SOUTH CAUCASUS AND CENTRAL ASIA¿

øSEC. 578. (a) FINDINGS.—Congress makes the following findings:
(1) The ancient Silk Road, once the economic lifeline of Central
Asia and the South Caucasus, traversed much of the territory now
within the countries of Armenia, Azerbaijan, Georgia, Kazakstan,
Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
(2) Economic interdependence spurred mutual cooperation among
the peoples along the Silk Road and restoration of the historic
relationships and economic ties between those peoples is an important element of ensuring their sovereignty as well as the success
of democratic and market reforms.
(3) The development of strong political and economic ties between
countries of the South Caucasus and Central Asia and the West
will foster stability in the region.
(4) The development of open market economies and open democratic systems in the countries of the South Caucasus and Central
Asia will provide positive incentives for international private investment, increased trade, and other forms of commercial interactions
with the rest of the world.
(5) The Caspian Sea Basin, overlapping the territory of the countries of the South Caucasus and Central Asia, contains proven
oil and gas reserves that may exceed $4,000,000,000,000 in value.
(6) The region of the South Caucasus and Central Asia will
produce oil and gas in sufficient quantities to reduce the dependence of the United States on energy from the volatile Persian Gulf
region.
(7) United States foreign policy and international assistance
should be narrowly targeted to support the economic and political
independence of the countries of the South Caucasus and Central
Asia.¿
ø(b) GENERAL.—The policy of the United States in the countries
of the South Caucasus and Central Asia should be—
(1) to promote sovereignty and independence with democratic
government;
(2) to assist actively in the resolution of regional conflicts;
(3) to promote friendly relations and economic cooperation;
(4) to help promote market-oriented principles and practices;
(5) to assist in the development of infrastructure necessary for
communications, transportation, and energy and trade on an EastWest axis in order to build strong international relations and commerce between those countries and the stable, democratic, and market-oriented countries of the Euro-Atlantic Community; and
(6) to support United States business interests and investments
in the region.¿
ø(c) DEFINITION.—In this section, the term ‘‘countries of the South
Caucasus and Central Asia’’ means Armenia, Azerbaijan, Georgia,
Kazakstan, Kyrgystan, Tajikistan, Turkmenistan, and Uzbekistan.¿
PAKISTAN
øSEC. 579. (a) OPIC.—Section 239(f) of the Foreign Assistance Act
of 1961 (22 U.S.C. 2199(f)) is amended by inserting ‘‘, or Pakistan’’
after ‘‘China’’.¿
ø(b) TRADE AND DEVELOPMENT.—It is the sense of Congress that
the Director of the Trade and Development Agency should use funds
made available to carry out the provisions of section 661 of the
Foreign Assistance Act of 1961 (22 U.S.C. 2421) to promote United
States exports to Pakistan.¿
SEC. 545. Section 638(b) of the Foreign Assistance Act of 1961
(22 U.S.C. 2398(b)) is amended (1) by inserting ‘‘or any activity to
promote the development of democratic institutions’’ after ‘‘activity’’;
and (2) by inserting ‘‘, Pakistan,’’ after ‘‘Brazil’’.

983

øREQUIREMENTS FOR THE REPORTING TO CONGRESS OF THE COSTS
TO THE FEDERAL GOVERNMENT ASSOCIATED WITH THE PROPOSED
AGREEMENT TO REDUCE GREENHOUSE GAS EMISSIONS¿
øSEC. 580. The President shall provide to the Congress a detailed
account of all Federal agency obligations and expenditures for climate
change programs and activities, domestic and international, for fiscal
year 1997, planned obligations for such activities in fiscal year 1998,
and any plan for programs thereafter in the context of negotiations
to amend the Framework Convention on Climate Change (FCCC)
to be provided to the appropriate congressional committees no later
than November 15, 1997.¿
øAUTHORITY TO ISSUE INSURANCE

AND

EXTEND FINANCING¿

øSEC. 581. (a) IN GENERAL.—Section 235(a) of the Foreign Assistance Act of 1961 (22 U.S.C. 2195(a)) is amended—
(1) by striking paragraphs (1) and (2)(A) and inserting the following:
‘‘(1) INSURANCE AND FINANCING.—(A) The maximum contingent
liability outstanding at any one time pursuant to insurance issued under section 234(a), and the amount of financing issued
under sections 234(b) and (c), shall not exceed in the aggregate
$29,000,000,000.’’;
(2) by redesignating paragraph (3) as paragraph (2); and
(3) by amending paragraph (2) (as so redesignated) by striking
‘‘September 30, 1997’’ and inserting ‘‘September 30, 1999’’.¿
ø(b) CONFORMING AMENDMENT.—Paragraph (2) of section 235(a)
of that Act (22 U.S.C. 2195(a)), as redesignated by subsection (a),
is further amended by striking ‘‘(a) and (b)’’ and inserting ‘‘(a), (b),
and (c)’’.¿
WITHHOLDING ASSISTANCE TO COUNTRIES VIOLATING UNITED
NATIONS SANCTIONS AGAINST LIBYA
SEC. ø582. (a)¿ 546. WITHHOLDING OF ASSISTANCE.—Except as provided in subsection (b), whenever the President determines and certifies to Congress that the government of any country is violating
any sanction against Libya imposed pursuant to United Nations Security Council Resolution 731, 748, or 883, then not less than 5 percent
of the funds allocated for the country under section 653(a) of the
Foreign Assistance Act of 1961 out of appropriations in this Act
shall be withheld from obligation and expenditure for that country.
(b) EXCEPTION.—The requirement to withhold funds under subsection (a) shall not apply to funds appropriated in this Act for
allocation under section 653(a) of the Foreign Assistance Act of 1961
for development assistance or for humanitarian assistance.
(c) WAIVER.—Funds may be provided for a country without regard
to subsection (a) if the President determines that to do so is in
the national security interest of the United States.
øWAR CRIMES PROSECUTION¿
øSEC. 583. Section 2401 of title 18, United States Code (Public
Law 104–192; the War Crimes Act of 1996) is amended as follows—
(1) in subsection (a), by striking ‘‘grave breach of the Geneva
Conventions’’ and inserting ‘‘war crime’’;
(2) in subsection (b), by striking ‘‘breach’’ each place it appears
and inserting ‘‘war crime’’; and
(3) so that subsection (c) reads as follows:
‘‘(c) DEFINITION.—As used in this section the term ‘war crime’
means any conduct—
‘‘(1) defined as a grave breach in any of the international conventions signed at Geneva 12 August 1949, or any protocol to such
convention to which the United States is a party;
‘‘(2) prohibited by Article 23, 25, 27, or 28 of the Annex to the
Hague Convention IV, Respecting the Laws and Customs of War
on Land, signed 18 October 1907;
‘‘(3) which constitutes a violation of common Article 3 of the
international conventions signed at Geneva, 12 August 1949, or
any protocol to such convention to which the United States is
a party and which deals with non-international armed conflict;
or
‘‘(4) of a person who, in relation to an armed conflict and contrary
to the provisions of the Protocol on Prohibitions or Restrictions
on the Use of Mines, Booby-Traps and Other Devices as amended
at Geneva on 3 May 1996 (Protocol II as amended on 3 May
1996), when the United States is a party to such Protocol, willfully
kills or causes serious injury to civilians.’’.¿

984

TITLE V—GENERAL PROVISIONS—Continued

THE BUDGET FOR FISCAL YEAR 1999

øINTERNATIONAL MILITARY EDUCATION AND TRAINING PROGRAMS
FOR LATIN AMERICA¿
øSEC. 584. (a) EXPANDED IMET.—The Secretary of Defense, in consultation with the Secretary of State, should make every effort to
ensure that approximately 30 percent of the funds appropriated in
this Act for ‘‘International Military Education and Training’’ for the
cost of Latin American participants in IMET programs will be disbursed for the purpose of supporting enrollment of such participants
in expanded IMET courses.¿
ø(b) CIVILIAN PARTICIPATION.—The Secretary of State, in consultation with the Secretary of Defense, should identify sufficient numbers
of qualified, non-military personnel from countries in Latin America
so that approximately 25 percent of the total number of individuals
from Latin American countries attending United States supported
IMET programs and the Center for Hemispheric Defense Studies
at the National Defense University are civilians.¿
ø(c) REPORT.—Not later than twelve months after the date of enactment of this Act, the Secretary of Defense, in consultation with the
Secretary of State, shall report in writing to the appropriate committees of the Congress on the progress made to improve military training of Latin American participants in the areas of human rights
and civilian control of the military. The Secretary shall include in
the report plans for implementing additional expanded IMET programs for Latin America during the next three fiscal years.¿
øAID

TO THE

GOVERNMENT

OF THE

DEMOCRATIC REPUBLIC

CONGO¿
øSEC. 585. None of the funds appropriated or otherwise made available by this Act may be provided to the central Government of the
Democratic Republic of Congo until such time as the President reports in writing to the Congress that the central Government of
the Democratic Republic of Congo is cooperating fully with investigators from the United Nations in accounting for human rights violations committed in the Democratic Republic of Congo or adjacent
countries.¿
øASSISTANCE

FOR THE

MIDDLE EAST¿

øSEC. 586. Of the funds appropriated by this Act under the headings ‘‘Economic Support Fund’’, ‘‘Foreign Military Financing’’, ‘‘International Military Education and Training’’, ‘‘Peacekeeping Operations’’, for refugees resettling in Israel under the heading ‘‘Migration
and Refugee Assistance’’, and for assistance for Israel to carry out
provisions of chapter 8 of part II of the Foreign Assistance Act of
1961 under the heading ‘‘Nonproliferation, Anti-Terrorism, Demining,
and Related Programs’’, not more than a total of $5,402,850,000 may
be made available for Israel, Egypt, Jordan, Lebanon, the West Bank
and Gaza, the Israel-Lebanon Monitoring Group, the Multinational
Force and Observers, the Middle East Regional Democracy Fund,
Middle East Regional Cooperation, and Middle East Multilateral
Working Groups: Provided, That any funds that were appropriated
under such headings in prior fiscal years and that were at the time
of enactment of this Act obligated or allocated for other recipients
may not during fiscal year 1998 be made available for activities
that, if funded under this Act, would be required to count against
this ceiling: Provided further, That funds may be made available
notwithstanding the requirements of this section if the President
determines and certifies to the Committees on Appropriations that
it is important to the national security interest of the United States
to do so and any such additional funds shall only be provided through
the regular notification procedures of the Committees on Appropriations.¿
øAGRICULTURE¿
øSEC. 587. The first proviso of subsection (k) under the heading
‘‘Assistance for the New Independent States of the Former Soviet
Union’’ in the Foreign Operations, Export Financing, and Related
Programs Appropriations Act, 1997, as contained in Public Law 104–
208, is amended by striking ‘‘not less than’’ and inserting in lieu
thereof ‘‘up to’’.¿
øENTERPRISE FUND RESTRICTIONS¿
øSEC. 588. Section 201(l) of the Support for East European Democracy Act (22 U.S.C. 5421(l)) is amended to read as follows:

‘‘(l) Limitation on Payments to Enterprise Fund Personnel.—
‘‘(1) No part of the funds of an Enterprise Fund shall inure
to the benefit of any board member, officer, or employee of such
Enterprise Fund, except as salary or reasonable compensation for
services subject to paragraph (2).
‘‘(2) An Enterprise Fund shall not pay compensation for services
to—
‘‘(A) any board member of the Enterprise Fund, except for
services as a board member; or
‘‘(B) any firm, association, or entity in which a board member
of the Enterprise Fund serves as partner, director, officer, or
employee.
‘‘(3) Nothing in paragraph (2) shall preclude payment for services
performed before the date of enactment of this subsection nor for
arrangements approved by the grantor and notified in writing to
the Committees on Appropriations.’’.¿
øCAMBODIA¿
øSEC. 589. The Secretary of the Treasury should instruct the United States executive directors of the international financial institutions
to use the voice and vote of the United States to oppose loans to
the Government of Cambodia, except loans to support basic human
needs.¿
EXPORT FINANCING TRANSFER AUTHORITIES
SEC. ø590¿ 547. Not to exceed 5 percent of any appropriation other
than for administrative expenses made available for fiscal year
ø1998¿ 1999 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.
øDEVELOPMENT CREDIT AUTHORITY¿
øSEC. 591. For the cost, as defined in section 502 of the Congressional Budget Act of 1974, of direct loans and loan guarantees in
support of the development objectives of the Foreign Assistance Act
of 1961, up to $7,500,000, which amount may be derived by transfer
from funds appropriated by this Act to carry out part I of the Foreign
Assistance Act of 1961 and funds appropriated by this Act under
the heading ‘‘Assistance for Eastern Europe and the Baltic States’’,
to remain available until expended: Provided, That up to $500,000
of the funds appropriated by this Act under the heading ‘‘Operating
Expenses of the Agency for International Development’’ may be made
available for administrative expenses to carry out such programs:
Provided further, That the provisions of section 107A(d) (relating
to general provisions applicable to development credit authority) of
the Foreign Assistance Act of 1961, as added by section 306 of H.R.
1486 as reported by the House Committee on International Relations
on May 9, 1997, shall be applicable to direct loans and loan guarantees provided under this paragraph: Provided further, That direct
loans or loan guarantees under this paragraph may not be provided
until the Director of the Office of Management and Budget has certified to the Committees on Appropriations that the Agency for International Development has established a credit management system
capable of effectively managing the credit programs funded under
this heading, including that such system: (1) can provide accurate
and timely provision of loan and loan guarantee data; (2) contains
information control systems for loan and loan guarantee data; (3)
is adequately staffed; and (4) contains appropriate review and monitoring procedures.¿
øAUTHORIZATION

FOR

POPULATION PLANNING¿

øSEC. 592. (a) Not to exceed $385,000,000 of the funds appropriated
in title II of this Act may be available for population planning activities or other population assistance.¿
ø(b) Such funds may be apportioned only on a monthly basis, and
such monthly apportionments may not exceed 8.34 percent of the
total available for such activities.¿
(Foreign Operations, Export Financing, and Related Programs Appropriation Act, 1998.)

Full text of Budget of the United States Government - Appendix : Fiscal Year 1999 : International Assistance Programs

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