    [Appendix]
    [Detailed Budget Estimates by Agency]
    [Funds Appropriated to the President]
    [From the U.S. Government Publishing Office, www.gpo.gov]

    [[Page 71]]

                       FUNDS APPROPRIATED TO THE PRESIDENT

                               UNANTICIPATED NEEDS

                                  Federal Funds

    General and special funds:

                               Unanticipated Needs

        For expenses necessary to enable the President to meet unanticipated
    needs, in furtherance of the national interest, security, or defense
    which may arise at home or abroad during the current fiscal year;
    $1,000,000. (Executive Office Appropriations Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0037-0-1-802      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Reserved for future allocation....           1           1           1
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              92.0).........................           1           1           1
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......           1           1           1
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................           1           1           1
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................           1           1           1
    73.20 Total outlays (gross).............          -1          -1          -1
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           1           1           1
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           1           1           1
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................           1           1           1
    90.00 Outlays...........................                       1           1
    ---------------------------------------------------------------------------

        These funds enable the President to meet unanticipated needs in
    furtherance of the national interest, security, or defense.

                    Unanticipated Needs for Natural Disasters

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0033-0-1-453      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................          14           4           4
    22.00 New budget authority (gross)......         -12
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           2           4           4
    23.95 New obligations...................
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           4           4           4
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    41.00   Transferred to other accounts...         -27
    42.00   Transferred from other accounts.           4
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........         -24
          Permanent:

    60.05   Appropriation (indefinite)......          11
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         -12
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total outlays (gross).............
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         -12
    90.00 Outlays...........................
    ---------------------------------------------------------------------------

        This account was established by P.L. 103-211, the Emergency
    Supplemental Appropriations Act of 1994. The supplemental was enacted in
    response to the January 17, 1994, Northridge earthquake. The account
    provides the Administration flexibility to fund disaster response
    requirements which were not yet identified at the time the supplemental
    was enacted. Funds are available for any natural disaster, although most
    have been used to respond to the Northridge earthquake.

        A total of $545 million was released in 1994 and 1995. In 1995, $6.7
    million was released to FEMA to support research and development efforts
    to develop better methods to repair earthquake-damaged buildings. In
    addition, $5 million was released to Interior to support the January
    1994 California earthquake historic preservation assistance.

                          FEDERAL DRUG CONTROL PROGRAMS

                                  Federal Funds

    General and special funds:

                  High Intensity Drug Trafficking Areas Program

                          (including transfer of funds)

                        For necessary expenses of the Office of National
                Drug Control Policy's High Intensity Drug Trafficking Areas
                Program, $103,000,000 for drug control activities consistent
                with the approved strategy for each of the designated High
                Intensity Drug Trafficking Areas, of which no less than
                [$55,000,000] $52,000,000 shall be transferred to State and
                local entities for drug control activities; and of which up
                to [$48,000,000] $51,000,000 may be transferred to Federal
                agencies and departments at a rate to be determined by the
                Director: Provided, That the funds made available under this
                head shall be obligated within 90 days of the date of
                enactment of this Act. (Executive Office Appropriations Act,
                1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1070-0-1-802      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Federal Activities................                      48          48
    00.02 Grants to State and local law
            enforcement agencies............          56          55          55
                                               ---------   ---------  ----------

    10.00   Total obligations...............          56         103         103
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          56         103         103
    23.95 New obligations...................         -56        -103        -103
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................         107         103         103
    41.00 Transferred to other accounts.....         -51
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........          56         103         103
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          56         103         103
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          34          59          76
    73.10 New obligations...................          56         103         103
    73.20 Total outlays (gross).............         -31         -86        -103

    [[Page 72]]

    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          59          76          76
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          29          65          65
    86.93 Outlays from current balances.....           2          21          38
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          31          86         103
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          56         103         103
    90.00 Outlays...........................          31          86         103
    ---------------------------------------------------------------------------

        The High Intensity Drug Trafficking Areas (HIDTA) Program was
    established by the Anti-Drug Abuse Act of 1988 to provide assistance to
    Federal and State and local law enforcement entities operating in those
    areas most adversely affected by drug trafficking. Since January 1990,
    the Director of the Office of National Drug Control Policy has
    designated seven areas as HIDTAs: New York, Los Angeles, Miami, Houston,
    Baltimore/Washington, DC metropolitan area, Puerto Rico/Virgin Islands,
    and the Southwest Border.

        Funds made available under the HIDTA program are disbursed at the
    discretion of the Director of the Office of National Drug Control Policy
    for joint local, State, and Federal initiatives.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1070-0-1-802      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    25.2  Other services....................          56          48          48
    41.0  Grants, subsidies, and
            contributions...................                      55          55
                                               ---------   ---------  ----------

    99.9    Total obligations...............          56         103         103
    ---------------------------------------------------------------------------

                             Special Forfeiture Fund

                          (including transfer of funds)

                  Unavailable Collections (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-5001-0-2-802      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Balance, start of year:
    01.99 Balance, start of year............                                  22
        Receipts:
    02.02 Forfeited cash and proceeds from
            sale of forfeited property......           4          22
                                               ---------   ---------  ----------

    04.00 Total: Balances and collections...           4          22          22
        Appropriation:
    05.01 Special forfeiture fund...........          -4
    07.99 Total balance, end of year........                      22          22
    ---------------------------------------------------------------------------

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-5001-0-2-802      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          25
    40.25 Appropriation (special fund,
            indefinite).....................           4
    41.00 Transferred to other accounts.....         -29
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........
                                               ---------   ---------  ----------

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

        Outlays (gross), detail:
    87.00 Total outlays (gross).............
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    90.00 Outlays...........................
    ---------------------------------------------------------------------------

        The Anti-Drug Abuse Act of 1988 established the Special Forfeiture
    Fund, to be administered by the Director of the Office of National Drug
    Control Policy. The Special Forfeiture Fund supports high-priority drug
    control programs, as defined by the Director of the Office of National
    Drug Control Policy. This Fund, which began operation in 1990, receives
    deposits from the Department of Justice Assets Forfeiture Fund and the
    Department of the Treasury Assets Forfeiture Fund. The monies in the
    Fund are transferred to the drug control agencies in accordance with the
    priorities articulated in the National Drug Control Strategy.
    Obligations directly incurred by ONDCP will be reflected in account
    11X1457.

                        INTERNATIONAL SECURITY ASSISTANCE

                                  Federal Funds

    General and special funds:

            Economic Support Fund and International Fund for Ireland

        For necessary expenses to carry out the provisions of chapter 4 of
    part II, [$2,340,000,000] $2,408,000,000, to remain available until
    [September 30, 1997] expended [: Provided, That of the funds
    appropriated under this heading, not less than $1,200,000,000 shall be
    available only for Israel, which sum shall be available on a grant basis
    as a cash transfer and shall be disbursed within thirty days of
    enactment of this Act or by October 31, 1995, whichever is later:
    Provided further, That not less than $815,000,000 shall be available
    only for Egypt, which sum shall be provided on a grant basis, and of
    which sum cash transfer assistance may be provided, with the
    understanding that Egypt will undertake significant economic reforms
    which are additional to those which were undertaken in previous fiscal
    years, and of which not less than $200,000,000 shall be provided as
    Commodity Import Program assistance: Provided further, That the Egyptian
    pound equivalent of $85,000,000 generated from funds made available by
    this paragraph or generated from funds appropriated under this heading
    in prior appropriations Acts, may be made available to the United States
    pursuant to the United States-Egypt Economic, Technical and Related
    Assistance Agreements of 1978, for the following activities under such
    Agreements: the Egyptian pound equivalent of $50,000,000 may be made
    available to replenish the existing endowment for the American
    University in Cairo, and the Egyptian pound equivalent of $35,000,000
    may be made available for projects and programs, including establishment
    of an endowment, which promote the preservation and restoration of
    Egyptian antiquities: Provided further, That in exercising the authority
    to provide cash transfer assistance for Israel and Egypt, the President
    shall ensure that the level of such assistance does not cause an adverse
    impact on the total level of non-military exports from the United States
    to each such country: Provided further, That it is the sense of the
    Congress that the recommended levels of assistance for Egypt and Israel
    are based in great measure upon their continued participation in the
    Camp David Accords and upon the Egyptian-Israeli peace treaty: Provided
    further, That none of the funds appropriated under this heading shall be
    made available for Zaire]. (Foreign Operations, Export Financing, and
    Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1037-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................       2,729       2,578       2,408
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................         502         218
    22.00 New budget authority (gross)......       2,334       2,360       2,408
    22.10 Resources available from
            recoveries of prior year
            obligations.....................         111
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......       2,947       2,578       2,408
    23.95 New obligations...................      -2,729      -2,578      -2,408

    [[Page 73]]

    24.40 Unobligated balance available, end
            of year: Uninvested balance.....         218
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................       2,344       2,360       2,408
    41.00 Transferred to other accounts.....         -14
    42.00 Transferred from other accounts...           3
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........       2,333       2,360       2,408
    50.00 Reappropriation...................           1
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................       2,334       2,360       2,408
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation       2,897       2,764       2,746
    73.10 New obligations...................       2,729       2,578       2,408
    73.20 Total outlays (gross).............      -2,739      -2,596      -2,545
    73.30 Obligated balance transferred, net         -10
    73.40 Adjustments in expired accounts...          -1
    73.45 Adjustments in unexpired accounts.        -111
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation       2,764       2,746       2,609
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority       1,466       1,490       1,502
    86.93 Outlays from current balances.....       1,273       1,106       1,043
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........       2,739       2,596       2,545
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................       2,334       2,360       2,408
    90.00 Outlays...........................       2,739       2,596       2,545
    ---------------------------------------------------------------------------

        This account is used to provide economic assistance to selected
    countries in support of U.S. efforts to promote stability and U.S.
    security interests in strategic regions of the world.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1037-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Direct obligations:

    25.2    Other services..................           3           3           3
    41.0    Grants, subsidies, and
              contributions.................       2,638       2,575       2,405
                                               ---------   ---------  ----------

    99.0      Subtotal, direct obligations..       2,641       2,578       2,408
    41.0  Allocation Account--Direct
            Obligations: Grants, subsidies,
            and contributions...............          88
                                               ---------   ---------  ----------

    99.9    Total obligations...............       2,729       2,578       2,408
    ---------------------------------------------------------------------------

                       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,
    [$3,208,390,000] $3,228,250,000: Provided, That [of the funds
    appropriated by this paragraph not less than $1,800,000,000 shall be
    available for grants only for Israel, and not less than $1,300,000,000
    shall be available for grants only for Egypt: Provided further, That the
    funds appropriated by this paragraph for Israel shall be disbursed
    within thirty days of enactment of this Act or by October 31, 1995,
    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] funds made
    available under this paragraph shall be nonrepayable notwithstanding any
    requirement in section 23 of the Arms Export Control Act[: Provided
    further, That, for the purpose only of providing support for the Warsaw
    Initiative Program, of the funds appropriated by this Act under the
    headings ``Assistance for Eastern Europe and the Baltic States'' and
    ``Assistance for the New Independent States of the Former Soviet
    Union'', up to a total of $20,000,000 may be transferred,
    notwithstanding any other provision of law, to the funds appropriated
    under this paragraph: Provided further, That none of the funds made
    available under this heading shall be available for any non-NATO country
    participating in the Partnership for Peace Program except through the
    regular notification procedures of the Committees on Appropriations].
        For the cost, as defined in section 502 of the Congressional Budget
    Act of 1974, of direct loans authorized by section 23 of the Arms Export
    Control Act as follows: cost of direct loans, [$64,400,000] $40,000,000:
    Provided, That these funds are available to subsidize gross obligations
    for the principal amount of direct loans of not to exceed [$544,000,000]
    $370,028,000: 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
    heading shall be made available for Greece and Turkey only on a loan
    basis, and the principal amount of direct loans for each country shall
    not exceed the following: $224,000,000 only for Greece and $320,000,000
    only for Turkey].
        None of the funds made available under this heading shall be
    available to finance the procurement of defense articles, defense
    services, or design and construction services that are not sold by the
    United States Government under the Arms Export Control Act unless the
    foreign country proposing to make such procurements has first signed an
    agreement with the United States Government specifying the conditions
    under which such procurements may be financed with such funds: Provided,
    That [all country and funding level increases in allocations shall be
    submitted through the regular notification procedures of section 515 of
    this Act: Provided further, That] funds made available under this
    heading shall be obligated upon apportionment in accordance with
    paragraph (5)(C) of title 31, United States Code, section 1501(a):
    [Provided further, That none of the funds appropriated under this
    heading shall be available for Zaire, Sudan, Peru, Liberia, and
    Guatemala: Provided further, That none of the funds appropriated or
    otherwise made available for use under this heading may be made
    available for Colombia or Bolivia until the Secretary of State certifies
    that such funds will be used by such country primarily for
    counternarcotics activities:] Provided further, That funds made
    available under this heading may be used, notwithstanding any other
    provision of law, for demining activities, and may include activities
    implemented through nongovernmental and international organizations:
    Provided further, That not more than $100,000,000 of the funds made
    available under this heading shall be available for use in financing 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 to countries other than Israel and
    Egypt: 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
    the Department of Defense shall conduct during the current fiscal year
    nonreimbursable audits of private firms whose contracts are made
    directly with foreign governments and are financed with funds made
    available under this heading (as well as subcontractors thereunder) as
    requested by the Defense Security Assistance Agency: Provided further,
    That not more than $23,250,000 of the funds appropriated under this
    heading may be obligated for necessary expenses, including the purchase
    of passenger motor vehicles for replacement only for use outside of the
    United States, for the general costs of administering military
    assistance and sales[: Provided further, That not more than $355,000,000
    of funds realized pursuant to section 21(e)(1)(A) of the Arms Export
    Control Act may be obligated for expenses incurred by the Department of
    Defense during fiscal year 1996 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, 1996.)

    [[Page 74]]

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1082-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Country programs..................       3,133       3,185       3,205
    00.02 Administrative costs..............          22          23          23
                                               ---------   ---------  ----------

    10.00   Total obligations...............       3,155       3,208       3,228
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......       3,155       3,208       3,228
    23.95 New obligations...................      -3,155      -3,208      -3,228
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................       3,152       3,208       3,228
    42.00   Transferred from other accounts.           2
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........       3,154       3,208       3,228
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).           1
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................       3,155       3,208       3,228
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation       1,217       1,436       1,342
    73.10 New obligations...................       3,155       3,208       3,228
    73.20 Total outlays (gross).............      -2,933      -3,302      -3,217
    73.40 Adjustments in expired accounts...          -1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation       1,436       1,342       1,353
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority       1,925       1,963       1,972
    86.93 Outlays from current balances.....       1,007       1,339       1,245
    86.97 Outlays from new permanent
            authority.......................           1
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........       2,933       3,302       3,217
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.40   Offsetting collections (cash)
              from: Non-Federal sources.....           1
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................       3,156       3,208       3,228
    90.00 Outlays...........................       2,933       3,302       3,217
    ---------------------------------------------------------------------------

                     Summary of Budget Authority and Outlays

                            [In millions of dollars]

                                         1995 actual  1996 est.   1997 est.
    Enacted/requested:
      Budget Authority..................       3,156       3,208       3,228
      Outlays...........................       2,934       3,302       3,217
    Supplemental proposal:
      Budget Authority..................                     140
      Outlays...........................                      25          67
                                        ------------------------------------
    Total:
      Budget Authority..................       3,156       3,348       3,228
      Outlays...........................       2,934       3,327       3,284
                                        ====================================

        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      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    25.2  Other services....................          22          23          23
    41.0  Grants, subsidies, and
            contributions...................       3,133       3,185       3,205
                                               ---------   ---------  ----------

    99.9    Total obligations...............       3,155       3,208       3,228
    ---------------------------------------------------------------------------

                  International Military Education and Training

        For necessary expenses to carry out the provisions of section 541 of
    the Foreign Assistance Act of 1961, [$39,000,000] $45,000,000: Provided,
    That up to $100,000 of the funds appropriated under this heading may be
    made available for grant financed military education and training for
    any high income country on the condition that that country agrees to
    fund from its own resources the transportation cost and living
    allowances of its students: Provided further, That the civilian
    personnel for whom military education and training may be provided under
    this heading may also include members of national legislatures who are
    responsible for the oversight and management of the military, and may
    also include individuals who are not members of a government [Provided
    further, That none of the funds appropriated under this heading shall be
    available for Zaire and Guatemala: Provided further, That funds
    appropriated under this heading for grant financed military education
    and training for Indonesia may only be available for expanded military
    education and training]. (Foreign Operations, Export Financing, and
    Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1081-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................          26          39          45
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          26          39          45
    23.95 New obligations...................         -26         -39         -45
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          26          39          45
    42.00 Transferred from other accounts...           1
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........          26          39          45
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          26          39          45
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          26          23          31
    73.10 New obligations...................          26          39          45
    73.20 Total outlays (gross).............         -27         -31         -46
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          23          31          30
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          13          20          23
    86.93 Outlays from current balances.....          13          13          23
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          27          31          46
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          26          39          45
    90.00 Outlays...........................          27          31          46
    ---------------------------------------------------------------------------

        This assistance provides grant military education and training to
    military and civilian students from foreign countries. In addition to
    helping these countries move toward self-sufficiency in defending
    themselves, this program also exposes foreign students to American
    democratic values, particularly military respect for civilian rule and
    for individual and human rights.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1081-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    26.0  Supplies and materials............           3           4           5
    41.0  Grants, subsidies, and
            contributions...................          22          34          39
    99.5  Below reporting threshold.........           1           1           1
                                               ---------   ---------  ----------

    99.9    Total obligations...............          26          39          45
    ---------------------------------------------------------------------------

    [[Page 75]]

                      military-to-military contact program

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1084-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................          11
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          12
    23.95 New obligations...................         -11
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          12
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation                       5
    73.10 New obligations...................          11
    73.20 Total outlays (gross).............          -6          -5
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           5
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           6
    86.93 Outlays from current balances.....                       5
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           6           5
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          12
    90.00 Outlays...........................           6           5
    ---------------------------------------------------------------------------

        This assistance finances expenses associated with direct contacts
    between U.S. military and the military establishments of Eastern Europe
    and the Baltic and Pacific regions. These contacts are designed to
    promote the development of foreign military that are non-political,
    loyal to civilian constitutional authority, structured for defensive
    needs, and respectful of human and individual rights.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1084-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.7  Personnel compensation: Military
            personnel.......................           2
    21.0  Travel and transportation of
            persons.........................           7
    25.2  Other services....................           1
    99.5  Below reporting threshold.........           1
                                               ---------   ---------  ----------

    99.9    Total obligations...............          11
    ---------------------------------------------------------------------------

                             Peacekeeping Operations

        For necessary expenses to carry out the provisions of section 551 of
    the Foreign Assistance Act of 1961, $70,000,000[: Provided, That none of
    the funds appropriated under this paragraph shall be obligated or
    expended except as provided through the regular notification procedures
    of the Committees on Appropriations] (Foreign Operations, Export
    Financing, and Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1032-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            41.0)...........................          74          70          70
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          74          70          70
    23.95 New obligations...................         -74         -70         -70
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          75          70          70
    40.75 Reduction pursuant to P.L. 104-19.          -3
    41.00 Transferred to other accounts.....          -1
    42.00 Transferred from other accounts...           3
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........          74          70          70
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          74          70          70
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          36          29          28
    73.10 New obligations...................          74          70          70
    73.20 Total outlays (gross).............         -81         -71         -70
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          29          28          28
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          50          48          48
    86.93 Outlays from current balances.....          31          23          22
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          81          71          70
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          74          70          70
    90.00 Outlays...........................          81          71          70
    ---------------------------------------------------------------------------

        This account funds U.S. assistance to international efforts to
    monitor and maintain the peace in areas of special concern to the United
    States and to other related programs carried out in furtherance of the
    national security interests of the United States. In 1997, contributions
    are planned for the Multinational Force and Observers in the Sinai,
    Europe, Africa and other regional programs, and other activities.

                Assistance for Relocation of Facilities in Israel

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1088-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

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

    68.00   Offsetting collections (cash)...                       2
    68.49   Portion applied to liquidate
              contract authority............                      -2
                                               ---------   ---------  ----------

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

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

        Change in unpaid obligations:
    72.49 Unpaid obligations, start of year:
            Obligated balance: Contract
            authority.......................           4           4
    73.10 New obligations...................
    73.20 Total outlays (gross).............                      -2
    74.49 Unpaid obligations, end of year:
            Obligated balance: Contract
            authority.......................           4
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....                       2
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........                       2
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.00   Offsetting collections (cash)
              from: Federal sources.........                      -2
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................                      -2
    90.00 Outlays...........................
    ---------------------------------------------------------------------------

                Status of Contract Authority (in millions of dollars)

    ----------------------------------------------------------------------------
    Unfunded balance, start of year.........           4           4
    Collections applied to liquidate
     contract authority.....................                      -2
    Cancellation of Contract Authority......                      -2
                                               ---------   ---------  ----------

    Unfunded balance, end of year...........           4
    ---------------------------------------------------------------------------

        This account shows financial transactions related to the
    construction of two airfields in Israel that were part of the Camp David
    agreement.

    [[Page 76]]

                      Nonproliferation and Disarmament Fund

        For necessary expenses for a ``Nonproliferation and Disarmament
    Fund'', $20,000,000, to remain available until expended, to promote
    bilateral and multilateral activities: Provided, That such funds may be
    used pursuant to the authorities contained in section 504 of the FREEDOM
    Support Act: Provided further, That such funds may also be used for such
    countries other than the new independent states of the former Soviet
    Union and international organizations when it is in the national
    security interest of the United States to do so: Provided further, That
    funds appropriated under this heading may be made available
    notwithstanding any other provision of law: Provided further, That funds
    appropriated under this heading shall be subject to the regular
    notification procedures of the Committees on Appropriations. (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1071-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Education and training............           1           2           3
    00.02 Destruction and conversion
            assistance......................           4           5           8
    00.03 Enforcement/interdiction
            assistance......................           2           8           7
    00.04 Safeguards/verification assistance                       4           4
                                               ---------   ---------  ----------

    10.00   Total obligations...............           7          19          22
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           1           4           5
    22.00 New budget authority (gross)......          10          20          20
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          11          24          25
    23.95 New obligations...................          -7         -19         -22
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           4           5           3
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          10          20          20
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation           9          13          19
    73.10 New obligations...................           7          19          22
    73.20 Total outlays (gross).............          -3         -13         -14
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          13          19          27
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           1           5           5
    86.93 Outlays from current balances.....           2           8           9
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           3          13          14
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          10          20          20
    90.00 Outlays...........................           3          13          14
    ---------------------------------------------------------------------------

        This account is used to provide financial and technical assistance
    to support nonproliferation and disarmament efforts in foreign
    countries, including education and training, elimination of weapons of
    mass destruction, and development of export control capabilities in
    foreign countries.

    Credit accounts:

                 Foreign Military Financing Loan Program Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1085-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct loan subsidy...............          43          64          40
                                               ---------   ---------  ----------

    10.00   Total obligations...............          43          64          40
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          43          64          40
    23.95 New obligations...................         -43         -64         -40
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          48          64          40
    41.00 Transferred to other accounts.....          -5
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........          43          64          40
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          43          64          40
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         194         190         162
    73.10 New obligations...................          43          64          40
    73.20 Total outlays (gross).............         -47         -92         -77
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         190         162         125
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority                       4           3
    86.93 Outlays from current balances.....          47          88          74
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          47          92          77
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          43          64          40
    90.00 Outlays...........................          47          92          77
    ---------------------------------------------------------------------------

        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.

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

    ----------------------------------------------------------------------------
    Identification code 11-1085-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Direct loan levels supportable by subsidy
                    budget authority:
    1150  Direct loan levels................         558         544         370
                                               ---------   ---------  ----------

    1159    Total direct loan levels........         558         544         370
        Direct loan subsidy (in percent):
    1320  Subsidy rate......................        7.67       11.76       10.81
                                               ---------   ---------  ----------

    1329    Weighted average subsidy rate...        7.67       11.76       10.81
        Direct loan subsidy budget authority:
    1330  Subsidy budget authority..........          43          64          40
                                               ---------   ---------  ----------

    1339    Total subsidy budget authority..          43          64          40
        Direct loan subsidy outlays:
    1340  Subsidy outlays...................          47          92          77
                                               ---------   ---------  ----------

    1349    Total subsidy outlays...........          47          92          77
    ---------------------------------------------------------------------------

            Foreign Military Financing Direct Loan Financing Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4122-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct loans......................         558         544         370
    00.02 Interest on Treasury borrowing....          55          65         111
                                               ---------   ---------  ----------

    10.00   Total obligations...............         613         609         481
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New financing authority (gross)...         613         609         481
    23.95 New obligations...................        -613        -609        -481
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    67.15 Authority to borrow (indefinite)..         523         468         346
          Spending authority from offsetting
              collections:

    68.00   Offsetting collections (cash)...          94         179         173

    [[Page 77]]

    68.10   Change in orders on hand from
              Federal sources...............          -4         -28         -38
    68.47   Portion applied to debt
              reduction.....................                     -10
                                               ---------   ---------  ----------

    68.90     Spending authority from
                offsetting collections
                (total).....................          90         141         135
                                               ---------   ---------  ----------

    70.00   Total new financing authority
              (gross).......................         613         609         481
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
          Unpaid obligations, start of year:

    72.90   Obligated balance: Fund balance.       1,502       1,797       1,598
    72.95   Orders on hand from Federal
              sources.......................         194         190         162
                                               ---------   ---------  ----------

    72.99     Total unpaid obligations,
                start of year...............       1,696       1,987       1,760
    73.10 New obligations...................         613         609         481
    73.20 Total financing disbursements
            (gross).........................        -322        -836        -978
          Unpaid obligations, end of year:

    74.90   Obligated balance: Fund balance:
              Uninvested balance............       1,797       1,598       1,139
    74.95   Orders on hand from Federal
              sources.......................         190         162         124
                                               ---------   ---------  ----------

    74.99     Total unpaid obligations, end
                of year.....................       1,987       1,760       1,263
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................         322         836         978
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.00     Federal sources...............         -47         -94         -78
    88.40     Non-Federal sources...........         -47         -85         -95
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -94        -179        -173
    88.95 Change in receivables from program
            accounts........................           4          28          38
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............         523         458         346
    90.00 Financing disbursements...........         228         657         805
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4122-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on obligations:
    1111  Limitation on direct loans........         558         544         370
                                               ---------   ---------  ----------

    1150    Total direct loan obligations...         558         544         370
    ----------------------------------------------------------------------------

        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........         273         539       1,272
    1231  Disbursements: Direct loan
            disbursements...................         266         743         829
    1251  Repayments: Repayments and
            prepayments.....................                     -10         -22
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........         539       1,272       2,079
    ---------------------------------------------------------------------------

        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.

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   11-4122-0-3-152    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................         357            500
          Net value of assets related to
              post-1991 direct loans
              receivable:

    1401    Direct loans receivable, gross..         273            539         1,272          2,079
    1402    Interest receivable.............           4              9            18             30
    1405    Allowance for subsidy cost (-)..         -27            -71          -171           -260
                                            ------------ --------------  ------------  -------------
    1499      Net present value of assets
                related to direct loans.....         250            477         1,119          1,849
    1901  Other Federal assets: Other assets       1,339          1,488         2,008          1,831
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................       1,946          2,465         3,127          3,680
        LIABILITIES:
    2103  Federal liabilities: Debt.........         413            788           923          1,771
    2207  Non-Federal liabilities: Other....       1,533          1,677         2,204          1,909
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............       1,946          2,465         3,127          3,680
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position       1,946          2,465         3,127          3,680
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4122-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    33.0  Investments and loans.............         558         544         370
    43.0  Interest and dividends............          55          65         111
    99.0  Subtotal, reimbursable obligations         613         609         481
                                               ---------   ---------  ----------

    99.9    Total obligations...............         613         609         481
    ---------------------------------------------------------------------------

                    Foreign Military Loan Liquidating Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4121-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct program: Guarantee claims..          72          56          50
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              33.0).........................          72          56          50
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          72          56          50
    23.95 New obligations...................         -72         -56         -50
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    60.05 Appropriation (indefinite)........          39          24          11
          Spending authority from offsetting
              collections:

    68.00   Offsetting collections (cash)...         442         301         242
    68.27   Capital transfer to general fund        -117         -21          -4
    68.47   Portion applied to debt
              reduction.....................        -292        -247        -199
                                               ---------   ---------  ----------

    68.90     Spending authority from
                offsetting collections
                (total).....................          33          33          39
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          72          56          50
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         433          11
    73.10 New obligations...................          72          56          50
    73.20 Total outlays (gross).............        -494         -67         -50
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          11
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................          72          56          50
    86.98 Outlays from permanent balances...         422          11
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         494          67          50
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

            Offsetting collections (cash)
                from:
              Non-Federal sources:
    88.40       Non-Federal sources--Claims.        -150         -39         -39
    88.40       Non-Federal sources--FFB
                  Loans.....................        -292        -247        -199
    88.40       Non-Federal sources--Debt
                  Reduction.................                     -15          -4
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........        -442        -301        -242
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................        -370        -244        -192
    90.00 Outlays...........................          52        -233        -192
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4121-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........       8,627       7,911       6,968
    1231  Disbursements: Direct loan
            disbursements...................         461          30           9
    1251  Repayments: Repayments and
            prepayments.....................      -1,115        -935        -856

    [[Page 78]]

    1261  Adjustments: Capitalized interest.          32
    1263  Write-offs for default: Direct
            loans...........................         -94         -39         -39
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........       7,911       6,968       6,082
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4121-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........       7,146       6,610       6,168
    2251  Repayments and prepayments........        -527        -436        -392
    2261  Adjustments: Terminations for
            default that result in loans
            receivable......................          -9          -7          -2
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........       6,610       6,168       5,773
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..       5,949       5,501       5,192
    ----------------------------------------------------------------------------

        Addendum:
          Cumulative balance of defaulted guaranteed
              loans that result in loans receivable:

    2310    Outstanding, start of year......           5
    2331    Disbursements for guaranteed
              loan claims...................          26          10          23
    2351    Repayments of loans receivable..
    2364    Other adjustments, net..........         -31         -10         -23
                                               ---------   ---------  ----------

    2390      Outstanding, end of year......
    ---------------------------------------------------------------------------

        As required by the Federal Credit Reform Act of 1990, this account
    records all cash flows to and from the Government resulting from direct
    loans obligated and loan guarantees 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)

    -----------------------------------------------------------------------------------------------
    Identification code   11-4121-0-3-152    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
    0111  Revenue...........................        -125           -105           -69            -65
    0112  Expense...........................        -342           -365          -291           -273
                                            ------------ --------------  ------------  -------------
    0119  Net income or loss (-)............        -467           -470          -360           -338
                                            ------------ --------------  ------------  -------------
    0199  Net income or loss................        -467           -470          -360           -338
    -----------------------------------------------------------------------------------------------

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   11-4121-0-3-152    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................         433             11
          Net value of assets related to
              pre-1992 direct loans
              receivable and acquired
              defaulted guaranteed loans
              receivable:

    1601    Direct loans, gross.............       8,623          7,911         6,968          6,082
    1602    Interest receivable.............         500            579           510            445
    1604    Direct loans and interest
              receivable, net...............       9,123          8,490         7,478          6,527
                                            ------------ --------------  ------------  -------------
    1699      Value of assets related to
                direct loans................       9,123          8,490         7,478          6,527
    1701    Defaulted guaranteed loans,
              gross.........................           4
    1702    Interest receivable.............           1
    1704    Defaulted guaranteed loans and
              interest receivable, net......           5
                                            ------------ --------------  ------------  -------------
    1799      Value of assets related to
                loan guarantees.............           5
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................       9,561          8,501         7,478          6,527
        LIABILITIES:
          Federal liabilities:

    2102    Interest payable................          60             56            49             45
    2103    Debt............................       3,785          3,493         3,047          2,828
    2105    Other...........................       4,150          4,333         3,856          3,296
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............       7,995          7,882         6,952          6,169
        NET POSITION:
    3100  Appropriated capital..............         433             11
    3300  Cumulative results of operations..       1,133            608           526            358
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............       1,566            619           526            358
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position       9,561          8,501         7,478          6,527
    -----------------------------------------------------------------------------------------------

                    Military Debt Reduction Financing Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4174-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Payment to liquidating account....                      15           4
    00.02 Interest on debt to Treasury......                       1           1
                                               ---------   ---------  ----------

    10.00   Total obligations...............                      16           5
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New financing authority (gross)...                      16           5
    23.95 New obligations...................                     -16          -5
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    67.15 Authority to borrow (indefinite)..                      12           3
    68.00 Spending authority from offsetting
            collections: Offsetting
            collections (cash)..............                       4           2
                                               ---------   ---------  ----------

    70.00   Total new financing authority
              (gross).......................                      16           5
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................                      16           5
    73.20 Total financing disbursements
            (gross).........................                     -16          -5
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................                      16           5
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.00     Federal sources...............                      -3          -1
    88.40     Non-Federal sources: Interest
                and fee revenue on loans....                      -1          -1
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........                      -4          -2
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............                      12           3
    90.00 Financing disbursements...........                      12           3
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4174-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........                                  15
    1232  Disbursements: Purchase of loans
            assets from the public..........                      15           4
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........                      15          19
    ---------------------------------------------------------------------------

        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.

    [[Page 79]]

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   11-4174-0-3-152    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Net value of assets related to
              post-1991 direct loans
              receivable:

    1401    Direct loans receivable, gross..                                       15              4
    1405    Allowance for subsidy cost (-)..                                       -3             -1
                                            ------------ --------------  ------------  -------------
    1499      Net present value of assets
                related to direct loans.....                                       12              3
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................                                       12              3
        LIABILITIES:
    2103  Federal liabilities: Debt.........                                       12             15
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............                                       12             15
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position                                       12             15
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4174-0-3-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    41.0  Grants, subsidies, and
            contributions...................                      15           4
    43.0  Interest and dividends............                       1           1
    99.0  Subtotal, reimbursable obligations                      16           5
                                               ---------   ---------  ----------

    99.9    Total obligations...............                      16           5
    ---------------------------------------------------------------------------

               General Fund Receipt Accounts (in millions of dollars)

    ----------------------------------------------------------------------------
                                             1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    Offsetting receipts from the public:
      11-146800  Interest on foreign
        military credit sales...............         263         244         211
      11-296800  Repayment of loans, foreign
        military credit sales...............         674         634         613
                                               ---------   ---------  ----------

    General Fund Offsetting receipts from
     the public.............................         937         878         824
    ---------------------------------------------------------------------------

                      INTERNATIONAL DEVELOPMENT ASSISTANCE

                             Multilateral Assistance

                                  Federal Funds

    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
    share of the paid-in share portion of the increases in capital stock for
    the General Capital Increase, $28,189,963, to remain available until
    expended: Provided, That not more than twenty-one days prior to the
    obligation of each such sum, the Secretary shall submit a certification
    to the Committees on Appropriations that the Bank has not approved any
    loans to Iran since October 1, 1994, or the President of the United
    States certifies that withholding of these funds is contrary to the
    national interest of the United States.]

                 contribution to the global environment facility

        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), [$35,000,000]
    $100,000,000, to remain available until [September 30, 1997] expended.

                 [limitation on callable capital subscriptions]

        [The United States Governor of the International Bank for
    Reconstruction and Development may subscribe without fiscal year
    limitation to the callable capital portion of the United States share of
    increases in capital stock in an amount not to exceed $911,475,013.]
    (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0077-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Paid in capital...................          23          28
    00.02 Global environment trust fund.....          90          35         100
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              33.0).........................         113          63         100
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
          Unobligated balance available, start of year:

    21.40   Appropriation...................       1,948       1,948       1,948
    21.47   Authority to borrow.............       5,715       5,715       5,715
                                               ---------   ---------  ----------

    21.99     Total unobligated balance,
                start of year...............       7,663       7,663       7,663
    22.00 New budget authority (gross)......         113          63         100
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......       7,776       7,726       7,763
    23.95 New obligations...................        -113         -63        -100
          Unobligated balance available, end of year:

    24.40   Appropriation...................       1,948       1,948       1,948
    24.47   Authority to borrow.............       5,715       5,715       5,715
                                               ---------   ---------  ----------

    24.99   Total unobligated balance, end
              of year.......................       7,663       7,663       7,663
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................         113          63         100
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          83         153         177
    73.10 New obligations...................         113          63         100
    73.20 Total outlays (gross).............         -43         -40         -46
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         153         177         231
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           2           6           9
    86.93 Outlays from current balances.....          41          34          37
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          43          40          46
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         113          63         100
    90.00 Outlays...........................          43          40          46
    ---------------------------------------------------------------------------

        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 $16.9 billion during its 1995
    fiscal year; IBRD gross disbursements were $12.7 billion. Since its 1945
    establishment, the IBRD has made loans totalling $266.3 billion.

        Full funding of capital subscriptions for the U.S. share of a $74.8
    billion general capital increase has been provided by 1989-96
    appropriations.

        The Global Environment Facility (GEF) is the world's leading
    institution for protecting the global environment and avoiding economic
    disruption from climate change, depletion of the ozone layer, extinction
    of species, and damage to fish populations. Through its leadership role
    on the GEF Council as a major donor, the United States has succeeded in
    establishing a detailed GEF Operational Strategy that focuses available
    resources on a cost-effective mixture of long- and short-term responses
    to these global environmental problems. Operated by an independent
    Secretariat, the GEF coordinates work implemented through the World
    Bank, the United Nations Development Programme, and the United Nations
    Environment Programme. GEF programs place emphasis on strong local
    participation to ensure successful implementation. Following U.S.
    strategic guidance, the GEF will have prepared

    [[Page 80]]
    a workplan in April 1996 that brings total cumulative commitments to
    $1.3 billion (including workplan approvals that later require a final
    approval).

        GEF participation forms the main pillar of U.S. influence in ongoing
    international negotiations on environment, especially the Framework
    Convention on Climate Change and Convention on Biological Diversity. The
    GEF induces increased environmental protection by the developing
    countries that pose the biggest long-term threat to the global
    environment. Also, the GEF is the pioneer in starting to harness private
    capital flows for investment in environmentally sound development.

        The 1997 request consists of $100 million for the third of four U.S.
    installments to the $2 billion replenishment of the GEF.

            contribution to the international development association

        For payment to the International Development Association by the
    Secretary of the Treasury, [$700,000,000] $934,503,100, for the United
    States contribution to the tenth replenishment, to remain available
    until expended. (Foreign Operations, Export Financing, and Related
    Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0073-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            33.0)...........................       1,165         710         935
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................                      10
    22.00 New budget authority (gross)......       1,175         700         935
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......       1,175         710         935
    23.95 New obligations...................      -1,165        -710        -935
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....          10
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................       1,175         700         935
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation       3,649       3,752       3,202
    73.10 New obligations...................       1,165         710         935
    73.20 Total outlays (gross).............      -1,063      -1,260      -1,161
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation       3,752       3,202       2,976
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority                      64          86
    86.93 Outlays from current balances.....       1,063       1,196       1,076
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........       1,063       1,260       1,161
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................       1,175         700         935
    90.00 Outlays...........................       1,063       1,260       1,161
    ---------------------------------------------------------------------------

        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 Sub-Saharan Africa and South Asia, but also
    in Latin America, Eastern Europe, and the former Soviet Union. IDA
    places special emphasis on poverty alleviation, environmental
    protection, and economic reform and growth. IDA is the largest source of
    multilateral lending that is extended on concessional terms to
    developing countries. Projects have to meet the same economic,
    financial, and environmental standards as other World Bank projects.

        During its fiscal year 1995, IDA made new commitments of $5.7
    billion; IDA's gross disbursements were $5.7 billion. Since its
    establishment, IDA has made commitments totalling $90.1 billion (as of
    June 30, 1995).

        The Tenth Replenishment of IDA provides donor country resources of
    about $18 billion. The United States has pledged $3.75 billion (20.86
    percent share of all donor contributions) to the replenishment. The 1997
    request consists of $934.5 million to clear unmet U.S. commitments.

              contribution to the international finance corporation

        For payment to the International Finance Corporation by the
    Secretary of the Treasury, [$60,900,000] $6,656,000, for the United
    States share of the increase in subscriptions to capital stock, to
    remain available until expended[: Provided, That of the amount
    appropriated under this heading not more than $5,269,000 may be expended
    for the purchase of such stock in fiscal year 1996]. (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0078-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................          69          61           7
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          69          61           7
    23.95 New obligations...................         -69         -61          -7
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          69          61           7
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          48          81          90
    73.10 New obligations...................          69          61           7
    73.20 Total outlays (gross).............         -36         -52         -61
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          81          90          36
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          10           5           1
    86.93 Outlays from current balances.....          26          47          59
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          36          52          61
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          69          61           7
    90.00 Outlays...........................          36          52          61
    ---------------------------------------------------------------------------

        The International Finance Corporation (IFC), a member of the World
    Bank Group, was established in 1956 to further economic development by
    encouraging the growth of private enterprise in developing countries.
    IFC provides and mobilizes loans and equity investments for promising
    ventures, and provides technical assistance. The IFC is now playing an
    important role in the former Soviet Union and Eastern Europe's
    transition to free markets and private enterprise, due to the IFC's
    special expertise in foreign investment, capital markets development,
    and privatization.

        During World Bank FY 1995 the Corporation approved 213 new
    investments totalling $5.5 billion and net investments for the IFC's own
    account were $2.9 billion. IFC's disbursed loan and equity portfolio
    (for its own account) was $7.3 billion as of June 30, 1995.

        The 1997 request includes budget authority of $6.7 million to clear
    outstanding unmet commitments on the U.S. share of the $1.0 billion
    General Capital Increase.

    [[Page 81]]

            contribution to multilateral investment guarantee agency

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0084-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

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

        New budget authority (gross), detail:
    70.00 Total new budget authority (gross)
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          22          22          22
    73.10 New obligations...................
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          22          22          22
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total outlays (gross).............
    ----------------------------------------------------------------------------

        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. Authorization and full funding of U.S.
    membership was provided in 1988.

        During World Bank FY 1995, the MIGA issued 54 guarantees, with a
    maximum contingent liability of $672 million, to facilitate aggregate
    direct investment of $2.5 billion. There are no claims pending against
    MIGA.

               contribution to the inter-american development bank

        For payment to the Inter-American Development Bank by the Secretary
    of  the Treasury, for the United States share of the paid-in share
    portion of the increase in capital stock, [$25,952,110] $25,610,667, and
    for the United States share of the increase in the resources of the Fund
    for Special Operations, [$10,000,000] $31,411,000, 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 [$1,523,767,142] $1,503,718,910. (Foreign Operations,
    Export Financing, and Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0072-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Paid-in capital...................          28          26          26
    00.02 Fund for Special Operations.......          21          10          31
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              33.0).........................          50          36          57
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................       3,798       3,798       3,798
    22.00 New budget authority (gross)......          50          36          57
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......       3,848       3,834       3,855
    23.95 New obligations...................         -50         -36         -57
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....       3,798       3,798       3,798
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          50          36          57
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         346         271         190
    73.10 New obligations...................          50          36          57
    73.20 Total outlays (gross).............        -125        -117        -106
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         271         190         141
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          14           8          11
    86.93 Outlays from current balances.....         111         109          95
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         125         117         106
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          50          36          57
    90.00 Outlays...........................         125         117         106
    ---------------------------------------------------------------------------

        The Inter-American Development Bank (IDB) promotes the economic and
    social development of Latin America and the Caribbean through loans and
    technical assistance. Since its inception in 1960, the Bank has lent
    over $77.3 billion.

        The Bank lends money through: (1) the Ordinary Capital window that
    lends at market-based rates; (2) the Fund for Special Operations (FSO)
    which makes loans on concessional terms to the region's poorest nations;
    and (3) the Inter-American Investment Corporation (IIC), which makes
    loans and equity investments for small and medium sized private
    enterprises.

        The 1997 request includes: (1) budget authority of $25.6 million for
    paid-in capital subscriptions and $1,503.7 million in program
    limitations for callable capital subscriptions for payments on the U.S.
    contribution to the IDB's eighth general capital increase; and (2)
    budget authority of $31.4 million for the U.S. payment to the Eighth
    Replenishment of the FSO.

                   contribution to the asian development bank

        For payment to the Asian Development Bank by the Secretary of the
    Treasury for the United States share of the paid-in portion of the
    increase in capital stock, $13,221,596, to remain available until
    expended.

                  limitation on callable capital subscriptions

        The United States Governor of the Asian Development Bank may
    subscribe without fiscal year limitation to the callable capital portion
    of the United States share of such capital stock in an amount not to
    exceed $647,858,204.

                   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), $100,000,000, to remain available until expended. (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0076-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Paid-in capital...................                      13          13
    00.02 Asian development fund............         168         100         100
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              33.0).........................         168         113         113
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................         748         748         748
    22.00 New budget authority (gross)......         168         113         113
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         916         861         861
    23.95 New obligations...................        -168        -113        -113
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....         748         748         748
    ----------------------------------------------------------------------------

    [[Page 82]]

        New budget authority (gross), detail:
    40.00 Appropriation.....................         168         113         113
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         622         744         729
    73.10 New obligations...................         168         113         113
    73.20 Total outlays (gross).............         -47        -128        -131
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         744         729         711
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           3           4           4
    86.93 Outlays from current balances.....          43         124         127
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          47         128         131
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         168         113         113
    90.00 Outlays...........................          46         128         131
    ---------------------------------------------------------------------------

        The Asian Development Bank fosters sustainable economic development,
    poverty alleviation, and cooperation in the Asia/Pacific region. The
    Bank lends at market-based rates through its ordinary capital window,
    and on highly concessional terms to the region's poorer nations through
    the Asian Development Fund (ADF). In 1995, the Bank lent $4.0 billion of
    its ordinary capital resources and extended loans and grants of $1.5
    billion from its ADF resources for development projects. Since its
    founding in 1966, the ADB has loaned over $39.2 billion and the ADF has
    loaned over $17.5 billion. The Bank has made cumulative equity
    investments of $354 million.

        The 1997 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 second of six installments on
    the U.S. subscription to the ADB's fourth general capital increase; and
    (2) $100 million in budget authority to partially clear outstanding
    unmet commitments on the U.S. share of the $4.2 billion replenishment of
    ADF resources.

                  contribution to the african development bank

                        For payment to the African Development Bank by the
                Secretary of the Treasury for the United States share of the
                paid-in portion of the increase in capital stock,
                $16,000,000, to remain available until expended.

                  limitation on callable capital subscriptions

                        The United States Governor of the African
                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 $112,000,000.

                  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, as authorized by the Foreign Operations,
                Export Financing and Related Programs 1995 Appropriations
                and 1994 Supplemental Appropriations Act (Public Law 103-
                306), $50,000,000, to remain available until expended.

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0079-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Paid-in Capital...................                                  16
    00.02 African development fund..........          62                      50
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              33.0).........................          62                      66
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          62                      66
    23.95 New obligations...................         -62                     -66
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          62                      66
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         448         492         438
    73.10 New obligations...................          62                      66
    73.20 Total outlays (gross).............         -19         -54         -66
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         492         438         438
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority                                   3
    86.93 Outlays from current balances.....          19          54          63
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          19          54          66
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          62                      66
    90.00 Outlays...........................          19          54          66
    ---------------------------------------------------------------------------

        The African Development Bank (AFDB) lends at market-based rates for
    economic development of countries on the African continent. The United
    States joined the AFDB in 1983 when membership was open to non-regional
    countries. In 1995, the AFDB financed 11 new projects worth $683
    million. Since its inception in 1963, the AFDB has financed 714 projects
    worth over $19.4 billion.

        The African Development Fund (AFDF), the concessional lending
    affiliate of the African Development Bank, makes loans to the poorest
    African nations. AFDF operations have been interrupted since the end of
    1993 when resources from the last AFDF replenishment had been exhausted
    and prior to conclusion of negotiations on a seventh replenishment of
    the AFDF. By the end of 1993 and since its inception in 1974, cumulative
    AFDF lending totaled $10.2 billion for development projects.

        The 1997 request includes: (1) budget authority of $16 million for
    paid-in capital subscriptions and $112 million in program limitations
    for callable capital subscriptions on the U.S. share of the AFDB's fifth
    general capital increase; and (2) $50 million in budget authority for
    the first installment on the U.S. share of the seventh replenishment of
    AFDF resources.

      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, [$70,000,000] $11,916,447, for the
    United States share of the paid-in share portion of the initial capital
    subscription, to remain available until expended[: Provided, That of the
    amount appropriated under this heading not more than $54,600,000 may be
    expended for the purchase of such stock in fiscal year 1996].

                  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 [$163,333,333] $27,805,043. (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.)

    [[Page 83]]

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0088-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            33.0)...........................          69          70          12
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          69          70          12
    23.95 New obligations...................         -69         -70         -12
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          69          70          12
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          10          62          35
    73.10 New obligations...................          69          70          12
    73.20 Total outlays (gross).............         -17         -97         -31
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          62          35          16
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           7          47           8
    86.93 Outlays from current balances.....          10          51          23
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          17          97          31
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          69          70          12
    90.00 Outlays...........................          17          97          31
    ---------------------------------------------------------------------------

        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
    Eastern Europe and the former Soviet Union. The United States and other
    shareholders signed the articles of agreement of the EBRD on May 29,
    1990, and the Bank officially began operating on April 15, 1991. The
    capitalization of the EBRD is ECU 10 billion (approximately $12 billion
    equivalent at then-prevailing exchange rates). Paid-in contributions
    constitute 30 percent of total capital, with the remainder callable. At
    the end of 1994, the EBRD had approved 223 loans and investments
    totalling $5.6 billion.

        The 1997 request consists of $11.9 million in budget authority for
    paid-in capital subscriptions and $27.8 million in program limitations
    for callable capital subscriptions to clear outstanding unmet
    commitments on the $1.2 billion U.S. share of the initial
    capitalization.

                         North American Development Bank

        For payment to the North American Development Bank by the Secretary
    of the Treasury, for the United States share of the paid-in portion of
    the capital stock, $56,250,000, to remain available until expended.

                  limitation on callable capital subscriptions

        The United States Governor of the North American Development Bank
    may subscribe without fiscal year limitation to the callable capital
    portion of the United States share of the capital stock of the North
    American Development Bank in an amount not to exceed $318,750,000.
    (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1008-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            33.0)...........................          56          56          56
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          56          56          56
    23.95 New obligations...................         -56         -56         -56
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................                      56          56
          Permanent:

    65.00   Advance appropriation (definite)          56
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          56          56          56
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation                       2
    73.10 New obligations...................          56          56          56
    73.20 Total outlays (gross).............         -54         -58         -56
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority                      56          56
    86.97 Outlays from new permanent
            authority.......................          54
    86.98 Outlays from permanent balances...                       2
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          54          58          56
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          56          56          56
    90.00 Outlays...........................          54          58          56
    ---------------------------------------------------------------------------

        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. NADBank operations provide
    significant direct benefits to U.S. citizens, particularly those in the
    border states. The NADBank's capital shares ($450 million in paid-in and
    $2.55 billion in callable capital) will be contributed equally by the
    United States and Mexico over a four-year period.

        The NADBank will finance environmental infrastructure projects that
    have been certified by the U.S.-Mexican Border Environment Cooperation
    Commission (BECC), a new 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 paid-in and callable capital, the
    NADBank will be able to provide partial guarantees of private sector
    financing and borrow in capital markets to provide loans to help finance
    the projects certified by the BECC.

        In addition, 10 percent of the U.S. and Mexican shares of NADBank
    will be available for NAFTA-related community adjustment and investment
    in both countries, which need not be in the border region. The U.S.
    community adjustment program will offer financing directly and through
    existing federal credit programs, such as the Small Business
    Administration. An Advisory Committee, which includes low income
    community representatives and non-governmental organizations, helps
    ensure broad public participation in the community adjustment window of
    the NADBank.

        The 1997 request consists of $56.25 million in budget authority for
    paid-in capital subscription and $318.8 million in program limitations
    for callable capital subscription with respect to the U.S. subscription
    to NADBank initial capitalization.

      Contribution to Bank for Economic Cooperation and Development in the
                          Middle East and North Africa

                        For payment to the Bank for Economic Cooperation and
                Development in the Middle East and North Africa by the
                Secretary of the Treasury, for the United States share of
                the paid-in portion of the capital stock, $52,500,000, to
                remain available until expended.

                  limitation on callable capital subscriptions

                        The United States Governor of the Bank for Economic
                Cooperation and Development in the Middle East and North
                Africa may subscribe

    [[Page 84]]
                without fiscal year limitation to the callable capital
                portion of the United States share of the capital stock of
                the Bank for Economic Cooperation and Development in the
                Middle East and North Africa in an amount not to exceed
                $157,500,000.

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1028-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            33.0)...........................                                  52
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......                                  52
    23.95 New obligations...................                                 -52
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................                                  52
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................                                  52
    73.20 Total outlays (gross).............                                 -52
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority                                  52
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........                                  52
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................                                  52
    90.00 Outlays...........................                                  52
    ---------------------------------------------------------------------------

        The Bank for Economic Cooperation and Development in the Middle East
    and North Africa (MEDB) is a key element of the Middle East peace
    process. As the first major regional institution including Israel and
    her neighbors, the MEDB will lend at market-based rates to foster
    regional integration and private sector-led growth in the Middle East
    and North Africa.

        The MEDB has a three-fold mandate to: (1) support the private
    sector; (2) assist with the privatization of state-owned enterprises;
    and (3) support regional integration in particular through
    infrastructure projects. The Bank is chartered to work as a ``merchant
    bank,'' coordinating closely with private sources of finance and
    catalyzing additional investment into the region.

    Contribution to Enterprise for the Americas Multilateral Investment Fund

        For payment to the Enterprise for the Americas Multilateral
    Investment Fund by the Secretary of the Treasury, for the United States
    contribution to the Fund to be administered by the Inter-American
    Development Bank, [$53,750,000] $27,500,000; to remain available until
    expended. (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0089-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            33.0)...........................          75          54          28
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          75          54          28
    23.95 New obligations...................         -75         -54         -28
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          75          54          28
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         163         217         227
    73.10 New obligations...................          75          54          28
    73.20 Total outlays (gross).............         -21         -43         -63
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         217         227         192
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           4           3           1
    86.93 Outlays from current balances.....          17          40          61
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          21          43          63
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          75          54          28
    90.00 Outlays...........................          21          43          63
    ---------------------------------------------------------------------------

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

        The 1997 request for the MIF is $27.5 million for partial payment of
    the fifth and final installment on the U.S. share of MIF resources.

                    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, [$285,000,000]
    $325,000,000: 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 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 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
    $30,000,000 of the funds appropriated under this heading may be made
    available to the UNFPA: Provided further, That not more than one-half of
    this amount may be provided to UNFPA before March 1, 1996, and that no
    later than February 15, 1996, 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 1996: Provided
    further, That any amount UNFPA plans to spend in the People's Republic
    of China in 1996 above $7,000,000, shall be deducted from the amount of
    funds provided to UNFPA after March 1, 1996 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] notwithstanding any
    other provision of law, funds may be made available to the Korean
    Peninsula Energy Development Organization (KEDO) [for administrative
    expenses and heavy fuel oil costs associated with the Agreed Framework:
    Provided further, That no funds may be provided for KEDO for funding for
    administrative expenses and heavy fuel oil costs beyond the total amount
    included for KEDO in the fiscal year 1996 congressional presentation:
    Provided further, That no funds may be made available under this Act to
    KEDO unless the President determines and certifies in writing to the
    Committees on Appropriations that (a) in accordance with section 1 of
    the Agreed Framework, KEDO has designated a Republic of Korea company,
    corporation or entity for the purpose of negotiating a prime contract to
    carry out construction of the light water reactors provided for in the
    Agreed Framework;

    [[Page 85]]
    and (b) the Democratic People's Republic of Korea is maintaining the
    freeze on its nuclear facilities as required in the Agreed Framework;
    and (c) the United States is taking steps to assure that progress is
    made on (1) the North-South dialogue, including efforts to reduce
    barriers to trade and investment, such as removing restrictions on
    travel, telecommunications services and financial transactions; and (2)
    implementation of the January 1, 1992, Joint Declaration on the
    Denuclearization of the Korean Peninsula: Provided further, That a
    report on the specific efforts with regard to subsections (a), (b) and
    (c) of the preceding proviso shall be submitted by the President to the
    Committees on Appropriations six months after the date of enactment of
    this Act, and every six months thereafter]. (Foreign Operations, Export
    Financing, and Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1005-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            41.0)...........................         359         285         325
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......         359         285         325
    23.95 New obligations...................        -359        -285        -325
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................         374         285         325
    40.75 Reduction pursuant to P.L. 104-50.         -15
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........         359         285         325
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         359         285         325
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         246         107          84
    73.10 New obligations...................         359         285         325
    73.20 Total outlays (gross).............        -496        -308        -313
    73.40 Adjustments in expired accounts...          -2
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         107          84          96
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority         326         214         244
    86.93 Outlays from current balances.....         170          94          71
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         496         308         313
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         359         285         325
    90.00 Outlays...........................         496         308         313
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1005-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........          38          36          34
    1251  Repayments: Repayments and
            prepayments.....................          -2          -2          -2
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........          36          34          32
    ---------------------------------------------------------------------------

        In addition to its assessed payments, the United States contributes
    to voluntary funds of over 25 international organizations and programs
    involved in a wide range of sustainable development, humanitarian, and
    scientific activities. Any funds made available for UNFPA will not be
    used for activities in the People's Republic of China and will be
    maintained in a separate account and not commingled with any other
    funds.

    Credit accounts:

                               Debt Restructuring

        For the cost, as defined in section 502 of the Congressional Budget
    Act of 1974, of modifying direct loans and loan guarantees, as the
    President may determine, for which funds have been appropriated or
    otherwise made available for programs within the International Affairs
    Budget Function 150, including the cost of selling, reducing, or
    canceling amounts, through debt buybacks and swaps, owed to the United
    States as a result of concessional loans made to eligible Latin American
    and Caribbean countries, pursuant to part IV of the Foreign Assistance
    Act of 1961[, $10,000,000]; of modifying direct loans extended to least
    developed countries, as authorized under Title I of the Agricultural
    Trade Development and Assistance Act of 1954, as amended; and of
    modifying concessional loans authorized under Title I of the
    Agricultural Trade Development and Assistance Act of 1954, as amended,
    as authorized under subsection (a) under the heading, ``Debt Reduction
    for Jordan'' in Title VI of Public Law 103-306, $47,000,000, to remain
    available until expended. (Foreign Operations, Export Financing, and
    Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0091-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    01.01 Debt Restructuring Subsidy: ``Debt
            Reduction For the Poorest''
            Program.........................                      15          22
    01.02 Jordan Debt Forgiveness...........         275                      25
    01.03 Debt Restructuring Subsidy: Bosnia
            and Herzegovina.................                       3
    01.05 Reestimate of EAI Program Subsidy.                      26
    01.06 Interest on EAI Reestimate........                       2
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              41.0).........................         275          46          47
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....          11          15          11
    22.00 New budget authority (gross)......         280          41          47
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         291          56          58
    23.95 New obligations...................        -275         -46         -47
    24.90 Unobligated balance available, end
            of year: Fund balance...........          15          11          11
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................         280          10          47
    42.00   Transferred from other accounts.                       3
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........         280          13          47
          Permanent:

    60.05   Appropriation (indefinite)......                      28
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         280          41          47
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................         275          46          47
    73.20 Total outlays (gross).............        -275         -46         -47
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority         275          13          47
    86.93 Outlays from current balances.....                       5
    86.97 Outlays from new permanent
            authority.......................                      28
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         275          46          47
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         280          41          47
    90.00 Outlays...........................         275          46          47
    ---------------------------------------------------------------------------

        For the poorest and most heavily indebted countries, debt reduction
    will be undertaken in concert with the Paris Club of creditor nations to
    implement commitments made by G-7 heads of state at recent Economic
    Summits. The Administration anticipates that $22 million in
    appropriations will permit debt reduction under Naples Terms for
    qualifying countries. As part of the $22 million, the Administration
    will be seeking appropriations of $1.8 million, as well as the necessary
    authorization, to modify credits extended or guaranteed by the Commodity
    Credit Corporation for Honduras.

        For Jordan, $25 million would be needed for the third stage of debt
    forgiveness proposed as a result of the historic peace agreement signed
    between the Hashemite Kingdom of Jordan and the Government of Israel in
    1994. This request would further the commitment made by the United
    States to Jordan

    [[Page 86]]
    in support of these peace efforts. The face value to be forgiven stands
    at about $63 million.

        For Latin America and the Caribbean, the Administration proposes
    that debt reduction be effected at zero budget cost through buybacks and
    swaps of eligible debt, linked to commitment of local currency payments
    to support environment or child survival projects. The Administration
    will be seeking new authority for no-cost buybacks and swaps of P.L. 480
    debt, and the approval of the appropriators for this program.

        For debt reduction for the poorest countries, resulting cash flows
    have been recorded in the debt reduction financing accounts for the
    Export-Import Bank, the foreign military loans, and for the Agency for
    International Development. Appropriate adjustments have been made to
    these agencies' liquidating accounts. For Jordan debt forgiveness,
    appropriate adjustments have been recorded in P.L. 480 financing and
    liquidating accounts.

                      Agency for International Development

                                  Federal Funds

    General and special funds:

                        sustainable development accounts

        For expenses necessary [to enable the President] to carry out [the
    provisions] sections 103-106 of the Foreign Assistance Act of 1961, [and
    for other purposes,] $1,006,000,000, to remain available until
    [September 30, 1996, unless otherwise specified herein, as follows]
    expended:

                      [Child Survival and Disease Programs]

        [Of the funds appropriated in title II of this Act, and under the
    heading ``International Organizations and Programs'' in title IV of this
    Act, not less than $484,000,000 shall be made available for programs for
    child survival, assistance to combat tropical and other diseases, and
    related activities: 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) a
    contribution on a grant basis to the United Nations Children's Fund
    (UNICEF).]

                            [development assistance]

                         [(including transfer of funds)]

        [For necessary expenses to carry out the provisions of sections 103
    through 106 and chapter 10 of part I of the Foreign Assistance Act of
    1961, title V of the International Security and Development Cooperation
    Act of 1980 (Public Law 96-533) and the provisions of section 401 of the
    Foreign Assistance Act of 1969, $1,675,000,000, to remain available
    until September 30, 1997: Provided, That of the amount appropriated
    under this heading, up to $20,000,000 may be made available for the
    Inter-American Foundation and shall be apportioned directly to that
    agency: Provided further, That of the amount appropriated under this
    heading, up to $11,500,000 may be made available for the African
    Development Foundation and shall be apportioned directly to that agency:
    Provided further, That of the funds appropriated under title II of this
    Act that are administered by the Agency for International Development
    and made available for family planning assistance, not less than 65
    percent shall be made available directly to the agency's central Office
    of Population and shall be programmed by that office for family planning
    activities: Provided further, That the President shall seek to ensure
    that funds made available under this heading for sub-Saharan Africa are
    in substantially the same proportion to the total amount appropriated
    and made available by this Act for development assistance as the
    proportion of funds made available for development assistance for sub-
    Saharan Africa was to the total amount appropriated for development
    assistance in Public Law 103-306: Provided further, That up to
    $25,000,000 of the funds appropriated under this heading may be made
    available for necessary expenses to carry out the provisions of section
    667 of the Foreign Assistance Act: Provided further, That the President
    shall seek to ensure that the percentage of funds made available under
    this heading for the activities of private and voluntary organizations
    and cooperatives is at least equal to the percentage of funds made
    available pursuant to corresponding authorities in law for the
    activities of private and voluntary organizations and cooperatives in
    fiscal year 1995:] 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 not
    to exceed a total of $30,000,000 may be transferred to ``International
    Organizations and Programs'' for a contribution to the International
    Fund for Agricultural Development (IFAD), and that any such transfer of
    funds shall be subject to the regular notification procedures of the
    Committees on Appropriations: Provided further, That not less than
    $650,000 of the funds made available under this heading should be made
    available for support of the United States Telecommunications Training
    Institute].

                                    [cyprus]

        [Of 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.]

                                     [burma]

        [Of the funds appropriated by this Act to carry out the provisions
    of chapter 8 of part I and chapter 4 of part II of the Foreign
    Assistance Act of 1961, not less than $2,380,000 shall be made available
    to support activities in Burma, along the Burma-Thailand border, and for
    activities of Burmese student groups and other organizations located
    outside Burma, for the purposes of fostering democracy in Burma,
    supporting the provision of medical supplies and other humanitarian
    assistance to Burmese located in Burma or displaced Burmese along the
    borders, and for other purposes: Provided, That of this amount, not less
    than $200,000 shall be made available to support newspapers,
    publications, and other media activities promoting democracy inside
    Burma: Provided further, That of this amount, not less than $380,000
    shall be made available for crop substitution activities in cooperation
    with the Kachin people of Burma: Provided further, That funds made
    available under this heading may be made available notwithstanding any
    other provision of law: Provided further, That provision of such funds
    shall be made available subject to the regular notification procedures
    of the Committees on Appropriations.]

                      [private and voluntary organizations]

        [None of the funds appropriated or otherwise made available by this
    Act for development assistance may be made available to any

    [[Page 87]]
    United States private and voluntary organization, except any cooperative
    development organization, which obtains less than 20 per centum of its
    total annual funding for international activities from sources other
    than the United States Government: Provided, That the requirements of
    the provisions of section 123(g) of the Foreign Assistance Act of 1961
    and the provisions on private and voluntary organizations in title II of
    the ``Foreign Assistance and Related Programs Appropriations Act, 1985''
    (as enacted in Public Law 98-473) shall be superseded by the provisions
    of this section, except that the authority contained in the last
    sentence of section 123(g) may be exercised by the Administrator with
    regard to the requirements of this paragraph.]
        [Funds appropriated or otherwise made available under title II of
    this Act should be made available to private and voluntary organizations
    at a level which is equivalent to the level provided in fiscal year
    1995. Such private and voluntary organizations shall include those which
    operate on a not-for-profit basis, receive contributions from private
    sources, receive voluntary support from the public and are deemed to be
    among the most cost-effective and successful providers of development
    assistance.] (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                        [International Fund for Ireland]

        [For necessary expenses to carry out the provisions of part I of the
    Foreign Assistance Act of 1961, up to $19,600,000, which shall be
    available for the United States contribution to the International Fund
    for Ireland and shall be made available in accordance with the
    provisions of the Anglo-Irish Agreement Support Act of 1986 (Public Law
    99-415): Provided, That such amount shall be expended at the minimum
    rate necessary to make timely payment for projects and activities:
    Provided further, That funds made available under this heading shall
    remain available until September 30, 1997.] (Foreign Operations, Export
    Financing, and Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1021-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Functional development assistance.       1,311       1,754       1,006
                                               ---------   ---------  ----------

    10.00   Total obligations...............       1,311       1,754       1,006
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................         155         110
    22.00 New budget authority (gross)......       1,228       1,644       1,006
    22.10 Resources available from
            recoveries of prior year
            obligations.....................          38
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......       1,421       1,754       1,006
    23.95 New obligations...................      -1,311      -1,754      -1,006
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....         110
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................       1,303       1,644       1,006
    40.35   Appropriation rescinded.........         -77
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........       1,226       1,644       1,006
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).           2
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................       1,228       1,644       1,006
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation       1,697       1,510       2,071
    73.10 New obligations...................       1,311       1,754       1,006
    73.20 Total outlays (gross).............      -1,456      -1,193      -1,274
    73.30 Obligated balance transferred, net          -3
    73.40 Adjustments in expired accounts...          -1
    73.45 Adjustments in unexpired accounts.         -38
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation       1,510       2,071       1,803
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority         100         116          86
    86.93 Outlays from current balances.....       1,356       1,077       1,188
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........       1,456       1,193       1,274
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.45   Offsetting collections (cash)
              from: Offsetting governmental
              collections...................          -2
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................       1,226       1,644       1,006
    90.00 Outlays...........................       1,454       1,193       1,274
    ---------------------------------------------------------------------------

        Sustainable Development Assistance Program.--This program provides
    economic resources to developing countries with the aim of bringing the
    benefits of development to the poor. The program promotes broad-based,
    self-sustaining economic growth, supports initiatives intended to:
    stabilize population growth, protect the environment and foster
    increased democratic participation in developing countries. The program
    is concentrated in those areas in which the United States has special
    expertise and which promise the greatest opportunity for the poor to
    better their lives.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1021-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Direct obligations:

    22.0    Transportation of things........           3           4           3
    23.1    Rental payments to GSA..........                       5
    23.2    Rental payments to others.......                       4
    25.1    Advisory and assistance services          72          85          57
    25.2    Other services..................         213         246         166
    25.3    Purchases of goods and services
              from Government accounts......                      16
    26.0    Supplies and materials..........           7          10           5
    41.0    Grants, subsidies, and
              contributions.................       1,013       1,384         775
                                               ---------   ---------  ----------

    99.0      Subtotal, direct obligations..       1,308       1,754       1,006
    41.0  Allocation Account--Direct
            Obligations: Grants, subsidies,
            and contributions...............           3
                                               ---------   ---------  ----------

    99.9    Total obligations...............       1,311       1,754       1,006
    ---------------------------------------------------------------------------

               Assistance for Eastern Europe and the Baltic States

        (a) For necessary expenses to carry out the provisions of the
    Foreign Assistance Act of 1961 and the Support for East European
    Democracy (SEED) Act of 1989, [$324,000,000] $475,000,000, to remain
    available until [September 30, 1997] expended, which shall be available,
    notwithstanding any other provision of law, for economic assistance and
    for related programs for Eastern Europe and the Baltic States.
        (b) Funds appropriated under this heading or in prior appropriations
    Acts that are or have been made available for an Enterprise Fund may be
    deposited by such Fund in interest-bearing accounts prior to the Fund's
    disbursement of such funds for program purposes. The Fund may retain for
    such program purposes any interest earned on such deposits without
    returning such interest to the Treasury of the United States and without
    further appropriation by the Congress. Funds made available for
    Enterprise Funds shall be expended at the minimum rate necessary to make
    timely payment for projects and activities.
        (c) Funds appropriated under this heading shall be considered to be
    economic assistance under the Foreign Assistance Act of 1961 for
    purposes of making available the administrative authorities contained in
    that Act for the use of economic assistance. (Foreign Operations, Export
    Financing, and Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1010-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................         404         384         475
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................         113          63

    [[Page 88]]

    22.00 New budget authority (gross)......         349         321         475
    22.10 Resources available from
            recoveries of prior year
            obligations.....................           5
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         467         384         475
    23.95 New obligations...................        -404        -384        -475
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....          63
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................         359         324         475
    41.00 Transferred to other accounts.....         -10          -3
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........         349         321         475
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         349         321         475
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         812         879         868
    73.10 New obligations...................         404         384         475
    73.20 Total outlays (gross).............        -332        -395        -379
    73.45 Adjustments in unexpired accounts.          -5
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         879         868         964
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          13          16          24
    86.93 Outlays from current balances.....         319         379         355
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         332         395         379
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         349         321         475
    90.00 Outlays...........................         332         395         379
    ---------------------------------------------------------------------------

                     Summary of Budget Authority and Outlays

                            [In millions of dollars]

                                         1995 actual  1996 est.   1997 est.
    Enacted/requested:
      Budget Authority..................         349         321         475
      Outlays...........................         332         395         379
    Supplemental proposal:
      Budget Authority..................                     200
      Outlays...........................                      74         126
                                        ------------------------------------
    Total:
      Budget Authority..................         349         521         475
      Outlays...........................         332         469         505
                                        ====================================

        This account provides funds to support democracy and economic
    restructuring in Central and Eastern European countries, including the
    new Baltic republics, consistent with the objectives of the Support for
    East European Democracy (SEED) Act. All SEED programs support one or
    more of the following strategic objectives: promoting broad-based
    economic growth (with an emphasis on privatization, legal and regulatory
    reform and support for the emerging private sector); encouraging
    democratic reforms; and improving the quality of life (including
    protecting the environment and providing humanitarian assistance).

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1010-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Direct obligations:

    11.8    Personnel compensation: Special
              personal services payments....           2           2           2
    21.0    Travel and transportation of
              persons.......................           1           1           1
    25.1    Advisory and assistance services          42          40          50
    25.2    Other services..................         127         125         151
    41.0    Grants, subsidies, and
              contributions.................         222         216         271
                                               ---------   ---------  ----------

    99.0      Subtotal, direct obligations..         394         384         475
    41.0  Allocation Account--Direct
            Obligations: Grants, subsidies,
            and contributions...............          10
                                               ---------   ---------  ----------

    99.9    Total obligations...............         404         384         475
    ---------------------------------------------------------------------------

      Assistance for the New Independent States of the Former Soviet Union

        (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, [$641,000,000] $640,000,000, to remain
    available until [September 30, 1997] expended: Provided, That the
    provisions of section 498B(j) of the Foreign Assistance Act of 1961
    shall apply to funds appropriated by this paragraph.
        [(b) None of the funds appropriated under this heading shall be
    transferred 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; and]
            [(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.]
        [(c) Funds may be furnished without regard to subsection (b) if the
    President determines that to do so is in the national interest.]
        [(d) None of the funds appropriated under this heading shall be made
    available to any government of the new independent states of the former
    Soviet Union if that government directs any action in violation of the
    territorial integrity or national sovereignty of any other new
    independent state, such as those violations included in the Helsinki
    Final Act: Provided, That such funds may be made available without
    regard to the restriction in this subsection if the President determines
    that to do so is in the national security interest of the United States:
    Provided further, That the restriction of this subsection shall not
    apply to the use of such funds for the provision of assistance for
    purposes of humanitarian, disaster and refugee relief.]
        [(e) None of the funds appropriated under this heading for the new
    independent states of the former Soviet Union shall be made available
    for any state to enhance its military capability: Provided, That this
    restriction does not apply to demilitarization or nonproliferation
    programs.]
        [(f) Funds appropriated under this heading shall be subject to the
    regular notification procedures of the Committees on Appropriations.]
        [(g) Funds made available in this Act for assistance to the new
    independent states of the former Soviet Union shall be subject to the
    provisions of section 117 (relating to environment and natural
    resources) of the Foreign Assistance Act of 1961.]
        [(h) Funds appropriated under this heading may be made available for
    assistance for Mongolia.]
        [(i) Funds made available in this Act for assistance to the new
    independent states of the former Soviet Union shall be provided to the
    maximum extent feasible through the private sector, including small- and
    medium-size businesses, entrepreneurs, and others with indigenous
    private enterprises in the region, intermediary development
    organizations committed to private enterprise, and private voluntary
    organizations: Provided, That grantees and contractors should, to the
    maximum extent possible, place in key staff positions specialists with
    prior on the ground expertise in the region of activity and fluency in
    one of the local languages.]
        [(j) In issuing new task orders, entering into contracts, or making
    grants, with funds appropriated under this heading or in prior
    appropriations Acts, for projects or activities that have as one of
    their primary purposes the fostering of private sector development, the
    Coordinator for United States Assistance to the New Independent States
    and the implementing agency shall encourage the participation of and
    give significant weight to contractors and grantees who propose
    investing a significant amount of their own resources (including
    volunteer services and in-kind contributions) in such projects and
    activities.]
        [(k) Of the funds made available under this heading, not less than
    $225,000,000 shall be made available for Ukraine, with the

    [[Page 89]]
    understanding that Ukraine will undertake significant economic reforms
    which are additional to those which were undertaken in previous fiscal
    years, and of which not less than $50,000,000 (from this or any other
    Act) shall be made available to improve energy self-sufficiency and
    improve safety at nuclear reactors, and of which $2,000,000 should be
    made available to conduct or implement an assessment of the energy
    distribution grid that provides recommendations leading to increased
    access to power by industrial, commercial and residential users, and of
    which not less than $22,000,000 shall be made available to support the
    development of small and medium enterprises, including independent
    broadcast and print media.]
        [(l) Of the funds made available under this heading, $5,000,000
    should be made available for a project to screen, diagnose, and treat
    victims of breast cancer associated with the 1985 incident at the
    Chernobyl reactor in Ukraine.]
        [(m) Of the funds made available by this Act, not less than
    $85,000,000 shall be made available for Armenia.]
        [(n) Of the funds made available by this or any other Act,
    $30,000,000 should be made available for Georgia.]
        [(o)(1) Effective ninety days after the date of enactment of this
    Act, none of the funds appropriated under this heading may be made
    available for Russia unless the President determines and certifies in
    writing to the Committees on Appropriations that the Government of
    Russia has terminated implementation of arrangements to provide Iran
    with technical expertise, training, technology, or equipment necessary
    to develop a nuclear reactor or related nuclear research facilities or
    programs.]
        [(2) Subparagraph (1) shall not apply if the President determines
    that making such funds available is important to the national security
    interest of the United States. Any such determination shall cease to be
    effective six months after being made unless the President determines
    that its continuation is important to the national security interest of
    the United States.]
        [(p) Of the funds appropriated under this heading, $20,000,000
    should be provided for hospital partnership programs, medical assistance
    to directly reduce the incidence of infectious diseases such as
    diphtheria or tuberculosis, and a program to reduce the adverse impact
    of contaminated drinking water.]
        [(q) Of the funds appropriated under this heading and under the
    heading ``Assistance for Eastern Europe and the Baltic States'', not
    less than $12,600,000 shall be made available for law enforcement
    training and exchanges, and investigative and technical assistance
    activities related to international criminal activities.]
        [(r) Support should be provided from funds appropriated under this
    heading for a ballot security project to promote public review by
    Russian citizens over the conduct of parliamentary and presidential
    elections in Russia: Provided, That the Secretary of State may waive
    this provision with regard to any election upon notification to the
    Committees on Appropriations that the Government of Russia has blocked
    implementation of a ballot security project.]
        [(s) Of the funds appropriated under this heading, not less than
    $50,000,000 should be provided to the Western NIS and Central Asian
    Enterprise Funds: Provided, That obligation of these funds shall be
    consistent with sound business practices.]
        [(t) The President shall establish a Trans-Caucasus Enterprise Fund
    to encourage regional peace through economic cooperation: Provided, That
    the President shall seek other bilateral and multilateral investors in
    the Fund: Provided further, That of the funds made available under this
    heading, not less than $15,000,000 shall be made available for a United
    States investment in the Trans-Caucasus Enterprise Fund.]
        [(u)] (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 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.
        [(v) Section 5421(d)(3)(B) of title 22, United States Code, is
    amended by adding at the end thereof the following: ``: Provided, That,
    as to Enterprise Funds established with respect to more than one host
    country, such Enterprise Fund may, in lieu of the appointment of
    citizens of the host countries to its Board of Directors, establish an
    advisory council for the host region comprised of citizens of each of
    the host countries or establish separate advisory councils for each of
    the host countries (hereinafter in this section referred to as the
    `Advisory Councils'), with which the Enterprise Fund's policies and
    proposed activities and such host country citizens shall satisfy the
    experience and expertise requirements of this clause.''.]
        [(w)] (c) Notwithstanding any other provision of law, assistance may
    be provided for the Government of Azerbaijan for humanitarian purposes,
    if the President determines that humanitarian assistance provided in
    Azerbaijan through nongovernmental organizations is not adequately
    addressing the suffering of refugees and internally displaced persons.
    (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1093-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................         731         820         600
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................         308         232
    22.00 New budget authority (gross)......         612         588         600
    22.10 Resources available from
            recoveries of prior year
            obligations.....................          43
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         963         820         600
    23.95 New obligations...................        -731        -820        -600
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....         232
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................         850         641         640
    40.35   Appropriation rescinded.........         -32
    41.00   Transferred to other accounts...        -213         -53         -40
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........         605         588         600
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).           7
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         612         588         600
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation       1,538       1,390       1,463
    73.10 New obligations...................         731         820         600
    73.20 Total outlays (gross).............        -837        -747        -721
    73.45 Adjustments in unexpired accounts.         -43
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation       1,390       1,463       1,342
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          95          50          51
    86.93 Outlays from current balances.....         735         697         670
    86.97 Outlays from new permanent
            authority.......................           7
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         837         747         721
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.45   Offsetting collections (cash)
              from: Offsetting governmental
              collections...................          -7
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         605         588         600
    90.00 Outlays...........................         830         747         721
    ---------------------------------------------------------------------------

        This account provides funds for a program of assistance to the
    independent states that emerged from the former Soviet Union. These
    funds support U.S. foreign policy goals of consolidating improved U.S.
    security; building a lasting partnership with the New Independent
    States; and providing access to each other's markets, resources, and
    expertise.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1093-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Direct obligations:

    11.8    Personnel compensation: Special
              personal services payments....           4           4           4

    [[Page 90]]

    21.0    Travel and transportation of
              persons.......................           1           1           1
    25.1    Advisory and assistance services          82          94          55
    25.2    Other services..................         234         270         240
    26.0    Supplies and materials..........           2           2
    31.0    Equipment.......................           1           1
    41.0    Grants, subsidies, and
              contributions.................         375         448         300
                                               ---------   ---------  ----------

    99.0      Subtotal, direct obligations..         699         820         600
    41.0  Allocation Account--Direct
            Obligations: Grants, subsidies,
            and contributions...............          32
                                               ---------   ---------  ----------

    99.9    Total obligations...............         731         820         600
    ---------------------------------------------------------------------------

                           Development Fund for Africa

                        For necessary expenses to carry out the provisions
                of chapter 10 of part I of the Foreign Assistance Act of
                1961, $704,000,000, to remain available until expended:
                Provided, That notwithstanding section 496(n)(2) of the
                Foreign Assistance Act of 1961, the transfer authority in
                section 109 of the Foreign Assistance Act may be used to
                transfer funds made available by this Act between the
                ``Development Fund for Africa'' and ``Sustainable
                Development Assistance'' accounts.

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1014-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Development Grants................         828         141         704
                                               ---------   ---------  ----------

    10.00   Total obligations...............         828         141         704
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................          85         141
    22.00 New budget authority (gross)......         781                     704
    22.10 Resources available from
            recoveries of prior year
            obligations.....................         103
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         969         141         704
    23.95 New obligations...................        -828        -141        -704
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....         141
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................         802                     704
    40.35 Appropriation rescinded...........         -21
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........         781                     704
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         781                     704
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation       1,921       1,892       1,369
    73.10 New obligations...................         828         141         704
    73.20 Total outlays (gross).............        -754        -664        -507
    73.45 Adjustments in unexpired accounts.        -103
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation       1,892       1,369       1,566
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          20                      35
    86.93 Outlays from current balances.....         734         664         472
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         754         664         507
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         781                     704
    90.00 Outlays...........................         754         664         507
    ---------------------------------------------------------------------------

        The Development Fund for Africa account provides development
    assistance to sub-Saharan African countries. This account is designed to
    enhance the Agency for International Development's (USAID's)
    effectiveness in meeting Africa's development requirements. These
    resources finance both project and non-project assistance to address
    shared development program and policy objectives in reform-oriented
    African countries. These funds also support initiatives intended to
    promote economic growth, stabilize population growth, protect the
    environment and foster increased democratic participation.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1014-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    25.1  Advisory and assistance services..          22           4          19
    25.2  Other services....................          67          11          57
    26.0  Supplies and materials............           4           1           3
    41.0  Grants, subsidies, and
            contributions...................         735         125         625
                                               ---------   ---------  ----------

    99.9    Total obligations...............         828         141         704
    ---------------------------------------------------------------------------

                            Sahel Development Program

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1012-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Development Grants................           1           1
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              41.0).........................           1           1
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           2           1
    22.00 New budget authority (gross)......
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           2           1
    23.95 New obligations...................          -1          -1
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           1
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          16          12           8
    73.10 New obligations...................           1           1
    73.20 Total outlays (gross).............          -4          -5          -4
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          12           8           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....           4           5           4
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           4           5           4
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................           4           5           4
    ---------------------------------------------------------------------------

        The Sahel Development account provided assistance to African
    countries.

                      American Schools and Hospitals Abroad

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1013-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    70.00 Total new budget authority (gross)
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          32          19          10
    73.10 New obligations...................
    73.20 Total outlays (gross).............         -12          -9          -4
    73.40 Adjustments in expired accounts...          -1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          19          10           6
    ----------------------------------------------------------------------------

    [[Page 91]]

        Outlays (gross), detail:
    86.93 Outlays from current balances.....          12           9           4
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          12           9           4
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................          12           9           4
    ---------------------------------------------------------------------------

        Funding for American Schools and Hospitals Abroad as a separate
    account ceased in 1994. Financing of key institutions that meet
    important foreign policy and developmental criteria will be done within
    the regular economic and development assistance accounts.

                     Sub-Saharan Africa Disaster Assistance

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1040-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

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

        New budget authority (gross), detail:
    70.00 Total new budget authority (gross)
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          24          14           8
    73.10 New obligations...................
    73.20 Total outlays (gross).............         -10          -6          -6
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          14           8           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....          10           6           6
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          10           6           6
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................          10           6           6
    ---------------------------------------------------------------------------

        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, [$181,000,000]
    $190,000,000, to remain available until expended.

               [humanitarian assistance to the former yugoslavia]

        [Of the funds appropriated in title II of this Act, $40,000,000
    should be available only for emergency humanitarian assistance to the
    former Yugoslavia, of which amount not less than $6,000,000 shall be
    available only for humanitarian assistance to Kosova.] (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.).

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1035-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct Program....................         205         204         190
                                               ---------   ---------  ----------

    10.00   Total obligations...............         205         204         190
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................          32          23
    22.00 New budget authority (gross)......         191         181         190
    22.10 Resources available from
            recoveries of prior year
            obligations.....................           6
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         229         204         190
    23.95 New obligations...................        -205        -204        -190
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....          23
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................         170         181         190
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).          21
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         191         181         190
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         135         213         289
    73.10 New obligations...................         205         204         190
    73.20 Total outlays (gross).............        -121        -129        -162
    73.45 Adjustments in unexpired accounts.          -6
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         213         289         317
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          23          45          48
    86.93 Outlays from current balances.....          98          84         114
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         121         129         162
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.45   Offsetting collections (cash)
              from: Offsetting governmental
              collections...................         -21
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         170         181         190
    90.00 Outlays...........................         101         129         162
    ---------------------------------------------------------------------------

        Funds for the International Disaster Assistance Program provide
    relief, rehabilitation, and reconstruction assistance to foreign
    countries struck by disasters such as famines, floods, hurricanes and
    earthquakes, and support assistance in disaster preparedness, prevention
    and mitigation as well as the longer term recovery efforts managed by
    the Office of Transition Initiatives. It also includes assistance for
    rehabilitation and resettlement of displaced Kurds in Northern Iraq
    assisted prior to FY 1996 under ``Operation Provide Comfort'' funded by
    the Department of Defense.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1035-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.8  Personnel compensation: Special
            personal services payments......           4           4           4
    21.0  Travel and transportation of
            persons.........................           1           1           1
    22.0  Transportation of things..........           8           8           7
    23.3  Communications, utilities, and
            miscellaneous charges...........           1           1           1
    25.1  Advisory and assistance services..           4           4           4
    25.2  Other services....................           8           8           7
    26.0  Supplies and materials............           7           7           6
    31.0  Equipment.........................           1           1
    41.0  Grants, subsidies, and
            contributions...................         171         170         160
                                               ---------   ---------  ----------

    99.9    Total obligations...............         205         204         190
    ---------------------------------------------------------------------------

         Operating Expenses of the Agency for International Development

        For necessary expenses to carry out the provisions of section 667,
    [$465,750,000: Provided, That of this amount not more than $1,475,000
    may be made available to pay for printing costs: Provided further, That
    none of the funds appropriated by this Act for programs administered by
    the Agency for International Development (AID) 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:
    Provided further, That notwithstanding any other provision of law, none
    of the funds appropriated or otherwise made available by this Act may be
    made available for expenses nec

    [[Page 92]]
    essary to relocate the Agency for International Development, or any part
    of that agency, to the building at the Federal Triangle in Washington,
    District of Columbia] $495,000,000, to remain available until expended.
    (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1000-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct program....................         521         491         501
    00.02 Direct Obligations--Accrued
            Separation Liability TF.........           2           2           3
    00.03 Reimbursable program..............           8           6           6
                                               ---------   ---------  ----------

    10.00   Total obligations...............         531         499         510
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................          22          27           9
    22.00 New budget authority (gross)......         521         472         501
    22.10 Resources available from
            recoveries of prior year
            obligations.....................          16           9           9
    22.30 Unobligated balance expiring......          -1
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         558         508         519
    23.95 New obligations...................        -531        -499        -510
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....          27           9           9
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................         518         466         495
    40.35   Appropriation rescinded.........          -6
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........         512         466         495
    50.00   Reappropriation.................           2
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).           8           6           6
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         521         472         501
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         166         177         185
    73.10 New obligations...................         531         499         510
    73.20 Total outlays (gross).............        -503        -482        -489
    73.45 Adjustments in unexpired accounts.         -16          -9          -9
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         177         185         197
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority         378         345         366
    86.93 Outlays from current balances.....         117         131         117
    86.97 Outlays from new permanent
            authority.......................           8           6           6
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         503         482         489
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.00   Offsetting collections (cash)
              from: Federal sources.........          -8          -6          -6
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         513         466         495
    90.00 Outlays...........................         496         476         483
    ---------------------------------------------------------------------------

        These funds cover the appropriated dollar costs of managing Agency
    for International Development (USAID) programs, including salaries and
    other expenses of direct hire personnel. USAID currently maintains
    resident staff in more than 80 foreign countries as well as a
    headquarters in Washington which supports field programs and manages
    regional and worldwide activities.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1000-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Direct obligations:

            Personnel compensation:
    11.1      Full-time permanent...........         180         175         164
    11.3      Other than full-time permanent           6           6           5
    11.5      Other personnel compensation..           9           9           9
    11.8      Special personal services
                payments....................          46          48          49
                                               ---------   ---------  ----------

    11.9        Total personnel compensation         241         238         227
    12.1    Civilian personnel benefits.....          54          53          52
    21.0    Travel and transportation of
              persons.......................          23          26          28
    22.0    Transportation of things........          12          11          13
    23.1    Rental payments to GSA..........           8           3          23
    23.2    Rental payments to others.......          37          33          31
    23.3    Communications, utilities, and
              miscellaneous charges.........          16          20          18
    24.0    Printing and reproduction.......           1           1           1
    25.1    Advisory and assistance services           2           2           2
    25.2    Other services..................          49          46          42
    25.3    Purchases of goods and services
              from Government accounts......          21           5          20
    25.4    Operation and maintenance of
              facilities....................           6           5           5
    25.7    Operation and maintenance of
              equipment.....................          12          15          12
    25.8    Subsistence and support of
              persons.......................                                   1
    26.0    Supplies and materials..........           9           7           7
    31.0    Equipment.......................          29          20          18
    32.0    Land and structures.............           1           4           1
    41.0    Grants, subsidies, and
              contributions.................           1           1           1
    42.0    Insurance claims and indemnities           1           1           1
                                               ---------   ---------  ----------

    99.0      Subtotal, direct obligations..         523         491         503
    99.0  Reimbursable obligations..........           6           6           6
    99.5  Below reporting threshold.........           2           2           1
                                               ---------   ---------  ----------

    99.9    Total obligations...............         531         499         510
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 72-1000-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Direct:
          Total compensable workyears:

    1001    Full-time equivalent employment.       3,328       3,152       2,843
    1005    Full-time equivalent of overtime
              and holiday hours.............          17          16          14
    1011    Exempt Full-time equivalent
              employment....................          32          32          32
        Reimbursable:
    2001  Total compensable workyears: Full-
            time equivalent employment......          10           6           5
    ---------------------------------------------------------------------------

          Payment to the Foreign Service Retirement and Disability Fund

        For payment to the ``Foreign Service Retirement and Disability
    Fund'', as authorized by the Foreign Service Act of 1980, [$43,914,000]
    $43,826,000. (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1036-0-1-153      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            33.0)...........................          45          44          44
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          45          44          44
    23.95 New obligations...................         -45         -44         -44
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          45          44          44
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................          45          44          44
    73.20 Total outlays (gross).............         -45         -44         -44
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          45          44          44
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          45          44          44
    ----------------------------------------------------------------------------

    [[Page 93]]

        Net budget authority and outlays:
    89.00 Budget authority..................          45          44          44
    90.00 Outlays...........................          45          44          44
    ---------------------------------------------------------------------------

        The appropriation requested is to finance the 1996 installment of
    the unfunded liability created by the addition of the Agency for
    International Development (USAID). Foreign Service personnel to the
    foreign service retirement system and by subsequent salary increases and
    changes in legislation affecting benefits.

    Operating Expenses of the Agency for International Development Office of
                                Inspector General

        For necessary expenses to carry out the provisions of section 667,
    [$30,200,000] $30,000,000, to remain available until [September 30,
    1997] expended, which sum shall be available for the Office of the
    Inspector General of the Agency for International Development. (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1007-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct program....................          36          30          30
                                               ---------   ---------  ----------

    10.00   Total obligations...............          36          30          30
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           4           8           8
    22.00 New budget authority (gross)......          39          30          30
    22.10 Resources available from
            recoveries of prior year
            obligations.....................           4
    22.30 Unobligated balance expiring......          -3
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          44          38          38
    23.95 New obligations...................         -36         -30         -30
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           8           8           8
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          39          30          30
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          17          12          12
    73.10 New obligations...................          36          30          30
    73.20 Total outlays (gross).............         -36         -30         -30
    73.40 Adjustments in expired accounts...          -1
    73.45 Adjustments in unexpired accounts.          -4
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          12          12          12
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          28          21          21
    86.93 Outlays from current balances.....           8           8           8
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          36          30          30
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          39          30          30
    90.00 Outlays...........................          36          30          30
    ---------------------------------------------------------------------------

        The funds cover the costs of operations of the Office of the
    Inspector General, Agency for International Development, and include
    salaries, expenses, and support costs of the Inspector General's
    personnel as well as costs associated with providing for the physical
    security of Agency personnel at overseas missions.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1007-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Personnel compensation:

    11.1    Full-time permanent.............          14          14          15
    11.8    Special personal services
              payments......................           3           2           2
                                               ---------   ---------  ----------

    11.9      Total personnel compensation..          17          16          17
    12.1  Civilian personnel benefits.......           4           4           4
    21.0  Travel and transportation of
            persons.........................           3           2           1
    22.0  Transportation of things..........           1           1           1
    23.1  Rental payments to GSA............           1           1           1
    23.2  Rental payments to others.........           2           2           2
    25.2  Other services....................           4           1           1
    25.7  Operation and maintenance of
            equipment.......................           1           1           1
    31.0  Equipment.........................           2           1           1
    99.5  Below reporting threshold.........           1           1           1
                                               ---------   ---------  ----------

    99.9    Total obligations...............          36          30          30
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 72-1007-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Total compensable workyears:
    1001  Full-time equivalent employment...         225         234         230
    1005  Full-time equivalent of overtime
            and holiday hours...............           1           1           1
    ---------------------------------------------------------------------------

    Public enterprise funds:

                            Property Management Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4175-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           2           2           7
    22.00 New budget authority (gross)......                       5
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......                       7           7
    23.95 New obligations...................
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           2           7           7
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............                       5
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation           2           1
    73.10 New obligations...................
    73.20 Total outlays (gross).............           1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           1
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total outlays (gross).............          -1
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.40   Offsetting collections (cash)
              from: Non-Federal sources.....                      -5
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................           1          -5
    ---------------------------------------------------------------------------

        This Fund, as authorized by Public Law 101-513, is maintained for
    the deposit of proceeds from the sale of overseas property acquired by
    the Agency for International Development (USAID). The proceeds are
    available to construct or otherwise acquire outside the United States
    (1) essential living quarters, office space, and necessary supporting
    facilities for use of USAID personnel, and (2) schools (including
    dormitories and boarding facilities) and hospitals for use of USAID
    personnel, U.S. Government personnel, and their dependents. In addition,
    the proceeds may be used to equip, staff, operate, and maintain such
    schools and hospitals.

    [[Page 94]]

    Intragovernmental funds:

                 Advance Acquisition of Property--Revolving Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4590-0-4-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....           2           2           2
    22.00 New budget authority (gross)......
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           2           2           2
    23.95 New obligations...................
    24.90 Unobligated balance available, end
            of year: Fund balance...........           2           2           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total outlays (gross).............
    ----------------------------------------------------------------------------

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

        A revolving fund to finance the acquisition and rehabilitation at
    minimal cost of U.S. Government-owned excess property for purchase by
    friendly countries and eligible organizations, for use in conjunction
    with economic development 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.

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4590-0-4-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................           2              2             2              2
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................           2              2             2              2
        NET POSITION:
    3300  Cumulative results of operations..           2              2             2              2
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............           2              2             2              2
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position           2              2             2              2
    -----------------------------------------------------------------------------------------------

     Assistance for the New Independent States of the Former Soviet Union:
                 Ukraine Export Credit Insurance Program Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-0402-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Administrative expenses...........           1
    00.02 Guaranty Loan Subsidy.............                      16
                                               ---------   ---------  ----------

    10.00   Total obligations...............           1          16
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....                      16
    22.00 New budget authority (gross)......          17
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          17          16
    23.95 New obligations...................          -1         -16
    24.90 Unobligated balance available, end
            of year: Fund balance...........          16
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    42.00 Transferred from other accounts...          17
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation                       1           2
    73.10 New obligations...................           1          16
    73.20 Total outlays (gross).............                     -15          -2
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           1           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....                      15           2
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........                      15           2
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          17
    90.00 Outlays...........................                      15           2
    ---------------------------------------------------------------------------

        This program provides U.S. exporters with trade credit insurance to
    finance exports of U.S. agricultural supplies and inputs to Ukraine.

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

    ----------------------------------------------------------------------------
    Identification code 72-0402-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Guaranteed loan levels supportable by subsidy
                    budget authority:
    2150  Loan guarantee levels.............                     106
                                               ---------   ---------  ----------

    2159    Total loan guarantee levels.....                     106
        Guaranteed loan subsidy (in percent):
    2320  Subsidy rate......................                   14.71        0.00
                                               ---------   ---------  ----------

    2329    Weighted average subsidy rate...                   14.71        0.00
        Guaranteed loan subsidy budget authority:
    2330  Subsidy budget authority..........                      16
                                               ---------   ---------  ----------

    2339    Total subsidy budget authority..                      16
        Guaranteed loan subsidy outlays:
    2340  Subsidy outlays...................                      14           2
                                               ---------   ---------  ----------

    2349    Total subsidy outlays...........                      14           2
    ---------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-0402-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    25.1  Advisory and assistance services..           1
    41.0  Grants, subsidies, and
            contributions...................                      16
                                               ---------   ---------  ----------

    99.9    Total obligations...............           1          16
    ---------------------------------------------------------------------------

     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      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Default claims....................                                   8
                                               ---------   ---------  ----------

    10.00   Total obligations...............                                   8
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....                                  17
    22.00 New financing authority (gross)...                      17           4
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......                      17          21
    23.95 New obligations...................                                  -8
    24.90 Unobligated balance available, end
            of year: Fund balance...........                      17          13
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............                      17           4
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................                                   8

    [[Page 95]]

    73.20 Total financing disbursements
            (gross).........................                                  -8
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................                                   8
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.00     Federal sources...............                     -14          -2
    88.25     Interest on uninvested funds..                                  -1
    88.40     Non-Federal sources...........                      -3          -1
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........                     -17          -4
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............
    90.00 Financing disbursements...........                     -17           4
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4345-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on commitments:
    2131  Guaranteed loan commitments exempt
            from limitation.................                     106
                                               ---------   ---------  ----------

    2150    Total guaranteed loan
              commitments...................                     106
    2199  Guaranteed amount of guaranteed
            loan commitments................                     106
    ----------------------------------------------------------------------------

        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........                                  90
    2231  Disbursements of new guaranteed
            loans...........................                      90          16
    2251  Repayments and prepayments........                                 -43
    2261  Adjustments: Terminations for
            default that result in loans
            receivable......................                                  -8
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........                      90          55
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..                      90          55
    ----------------------------------------------------------------------------

        Addendum:
          Cumulative balance of defaulted guaranteed
              loans that result in loans receivable:

    2310    Outstanding, start of year......
    2331    Disbursements for guaranteed
              loan claims...................                                   8
                                               ---------   ---------  ----------

    2390      Outstanding, end of year......                                   8
    ---------------------------------------------------------------------------

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4345-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................                                       17             13
          Net value of assets related to
              post-1991 acquired defaulted
              guaranteed loans receivable:

    1501    Defaulted guaranteed loans
              receivable, gross.............                                                       8
                                            ------------ --------------  ------------  -------------
    1599      Net present value of assets
                related to defaulted
                guaranteed loans............                                                       8
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................                                       17             21
        LIABILITIES:
    2204  Non-Federal liabilities:
            Liabilities for loan guarantees.                                       17             13
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............                                       17             13
        NET POSITION:
    3300  Cumulative results of operations..                                                       8
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............                                                       8
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position                                       17             21
    -----------------------------------------------------------------------------------------------

                        debt reduction, financing account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4137-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Payment to liquidating acct-HG
            debt............................                      17           6
    00.02 Interest on Treasury borrowing-EAI
            debt............................          22          23          15
    00.12 Interest on Treasury borrowing--HG
            debt............................                       1           1
                                               ---------   ---------  ----------

    10.00   Total obligations...............          22          41          22
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....          -7          49
    22.00 New financing authority (gross)...          78          41          22
    22.60 Redemption of debt................                     -47
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          71          43          22
    23.95 New obligations...................         -22         -41         -22
    24.90 Unobligated balance available, end
            of year: Fund balance...........          49
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
          Authority to borrow (indefinite):

    67.15   Authority to borrow
              (indefinite)-EAI debt.........          20
    67.15   Authority to borrow
              (indefinite)-HG debt..........                      13           5
                                               ---------   ---------  ----------

    67.90   Authority to borrow (total).....          20          13           5
          Spending authority from offsetting
              collections:

    68.00   Offsetting collections (cash)...          58          90          57
    68.47   Portion applied to debt
              reduction.....................                     -62         -40
                                               ---------   ---------  ----------

    68.90     Spending authority from
                offsetting collections
                (total).....................          58          28          17
                                               ---------   ---------  ----------

    70.00   Total new financing authority
              (gross).......................          78          41          22
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................          22          41          22
    73.20 Total financing disbursements
            (gross).........................         -22         -41         -22
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................          22          41          22
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
              Federal sources:
    88.00       Federal sources-EAI
                  reestimate................                     -28
    88.00       Federal sources-HG
                  restructuring.............                      -4          -1
              Interest on uninvested funds:
    88.25       Interest on uninvested
                  funds-EAI debt............                      -3          -2
    88.25       Interest on uninvested
                  funds-HG debt.............                      -1          -1
    88.40     Repayments of principal-EAI
                debt........................         -58         -54         -53
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -58         -90         -57
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............          20         -49         -35
    90.00 Financing disbursements...........         -36         -49         -35
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4137-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........         500         453         447
    1233  Disbursements: Purchase of loans
            assets from a liquidating
            account.........................                      51          47
    1251  Repayments: Repayments and
            prepayments.....................         -47         -54         -53
    1263  Write-offs for default: Direct
            loans...........................                      -3          -4
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........         453         447         437
    ---------------------------------------------------------------------------

        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.

    [[Page 96]]

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4137-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....                         45
            Investments in US securities:
              Receivables, net:
    1106        Receivables, net from
                  program account...........          28
    1106        Interest receivable--
                  Treasury..................                          2
          Net value of assets related to
              post-1991 direct loans
              receivable:

            Direct loans receivable, gross:
    1401      Direct loans receivable,
                gross-EAI...................         500            453           396            339
    1401      Direct loans receivable,
                gross-HG....................                                       51             98
            Allowance for subsidy cost (-):
    1405      Allowance for subsidy cost
                (-)-EAI.....................        -210           -187          -167           -153
    1405      Allowance for subsidy cost
                (-)-HG......................                                       -4             -5
                                            ------------ --------------  ------------  -------------
    1499      Net present value of assets
                related to direct loans.....         290            266           276            279
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................         318            313           276            279
        LIABILITIES:
          Federal liabilities:

    2101    Accounts payable................         318
            Debt:
    2103      Debt-EAI......................                        313           229            186
    2103      Debt-HG.......................                                       47             93
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............         318            313           276            279
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position         318            313           276            279
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4137-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    41.0  Grants, subsidies, and
            contributions...................                      17           6
    43.0  Interest and dividends............          22          24          16
                                               ---------   ---------  ----------

    99.9    Total obligations...............          22          41          22
    ---------------------------------------------------------------------------

                   Loan Guarantee to Israel Financing Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4119-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....         172         242         351
    22.00 New financing authority (gross)...          70         109         117
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         242         351         468
    24.90 Unobligated balance available, end
            of year: Fund balance...........         242         351         468
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............          70         109         117
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.25     Interest on uninvested funds..         -14         -22         -27
    88.40     Non-Federal sources: Fees and
                premiums....................         -56         -87         -90
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -70        -109        -117
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............
    90.00 Financing disbursements...........         -70        -109        -117
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4119-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on commitments:
    2111  Limitation on guaranteed loans
            made by private lenders.........       2,000       2,000       2,000
    2112  Uncommitted loan guarantee
            limitation......................
                                               ---------   ---------  ----------

    2150    Total guaranteed loan
              commitments...................       2,000       2,000       2,000
    ----------------------------------------------------------------------------

        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........       3,563       5,346       7,286
    2231  Disbursements of new guaranteed
            loans...........................       1,783       1,940       2,000
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........       5,346       7,286       9,286
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..       5,346       7,286       9,286
    ---------------------------------------------------------------------------

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4119-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................         172            242           351            468
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................         172            242           351            468
        LIABILITIES:
    2204  Non-Federal liabilities: Estimated
            Federal liability for loan
            guarantees, credit reform.......         172            242           351            468
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............         172            242           351            468
    -----------------------------------------------------------------------------------------------

                        Housing Guaranty Program Account

        For the cost, as defined in section 502 of the Congressional Budget
    Act of 1974, of guaranteed loans authorized by sections 221 and 222 of
    the Foreign Assistance Act of 1961, [$4,000,000] $5,000,000, to remain
    available until [September 30, 1997] 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, [$7,000,000] $6,000,000, to remain available until expended,
    all of which may be transferred to and merged with the appropriation for
    Operating Expenses of the Agency for International Development: Provided
    further, That commitments to guarantee loans under this heading may be
    entered into notwithstanding the second and third sentences of section
    222(a) and, with regard to programs for Eastern Europe and programs for
    the benefit of South Africans disadvantaged by apartheid, section 223(j)
    of the Foreign Assistance Act of 1961: Provided further, That none of
    the funds appropriated under this heading shall be obligated except
    through the regular notification procedures of the Committees on
    Appropriations. (Foreign Operations, Export Financing, and Related
    Programs Appropriation Act, 1996.)

                  Unavailable Collections (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-0401-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Balance, start of year:
    01.99 Balance, start of year............                                   8
        Receipts:
    02.01 AID-housing guarantees, Downward
            reestimates of subsidies........                       8
                                               ---------   ---------  ----------

    04.00 Total: Balances and collections...                       8           8
    07.99 Total balance, end of year........                       8           8
    ---------------------------------------------------------------------------

    [[Page 97]]

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-0401-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.02 Guaranteed loan subsidy...........          19           4           5
    00.09 Administrative expenses...........           8           7           6
                                               ---------   ---------  ----------

    10.00   Total obligations...............          27          11          11
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          27          11          11
    23.95 New obligations...................         -27         -11         -11
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          27          11          11
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          45          47          34
    73.10 New obligations...................          27          11          11
    73.20 Total outlays (gross).............         -24         -24         -21
    73.40 Adjustments in expired accounts...          -1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          47          34          24
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           6           5           5
    86.93 Outlays from current balances.....          18          19          16
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          24          24          21
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          27          11          11
    90.00 Outlays...........................          24          24          21
    ---------------------------------------------------------------------------

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

    ----------------------------------------------------------------------------
    Identification code 72-0401-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Guaranteed loan levels supportable by subsidy
                    budget authority:
    2150  Loan guarantee levels.............         148          41          41
                                               ---------   ---------  ----------

    2159    Total loan guarantee levels.....         148          41          41
        Guaranteed loan subsidy (in percent):
    2320  Subsidy rate......................       12.83        9.87       11.83
                                               ---------   ---------  ----------

    2329    Weighted average subsidy rate...       12.83        9.87       11.83
        Guaranteed loan subsidy budget authority:
    2330  Subsidy budget authority..........          19           4           5
                                               ---------   ---------  ----------

    2339    Total subsidy budget authority..          19           4           5
        Guaranteed loan subsidy outlays:
    2340  Subsidy outlays...................          16          17          14
                                               ---------   ---------  ----------

    2349    Total subsidy outlays...........          16          17          14
    ---------------------------------------------------------------------------

        The Housing Guaranty program extends guaranties to U.S. private
    investors who make loans to developing countries to assist them in
    formulating and executing sound housing and community development
    policies that meet the needs of lower income groups.

        As required by the Federal Credit Reform Act of 1990, this account
    records, for the Housing Guaranty 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)

    ----------------------------------------------------------------------------
    Identification code 72-0401-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Personnel compensation:

    11.1    Full-time permanent.............           2           3           3
    11.3    Other than full-time permanent..           1
                                               ---------   ---------  ----------

    11.9      Total personnel compensation..           3           3           3
    25.1  Advisory and assistance services..           1
    25.3  Purchases of goods and services
            from Government accounts........                       1           1
    41.0  Grants, subsidies, and
            contributions...................          19           4           5
    99.5  Below reporting threshold.........           4           3           2
                                               ---------   ---------  ----------

    99.9    Total obligations...............          27          11          11
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 72-0401-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    1001  Total compensable workyears: Full-
            time equivalent employment......          23          25          26
    ---------------------------------------------------------------------------

      Housing and Other Credit Guaranty Programs Guaranteed Loan Financing
                                     Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4344-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.02 Payment of downward reestimate to
            receipt account.................           1           7
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              24.4).........................           1           7
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....          48          67          70
    22.00 New financing authority (gross)...          20          10          12
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          68          77          82
    23.95 New obligations...................          -1          -7
    24.90 Unobligated balance available, end
            of year: Fund balance...........          67          70          82
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............          20          10          12
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.90 Unpaid obligations, start of year:
            Obligated balance: Fund balance.           2           2           2
    73.10 New obligations...................           1           7
    73.20 Total financing disbursements
            (gross).........................          -1          -7
    74.90 Unpaid obligations, end of year:
            Obligated balance: Fund balance:
            Uninvested balance..............           2           2           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................           1           7
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.00     Federal sources: Payments from
                program account.............         -17          -4          -5
    88.25     Interest on uninvested funds..          -1          -3          -4
    88.40     Non-Federal sources: Fees and
                premiums....................          -2          -3          -3
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -20         -10         -12
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............
    90.00 Financing disbursements...........         -19          -3         -12
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4344-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on commitments:
    2131  Guaranteed loan commitments exempt
            from limitation.................         148          41          42
                                               ---------   ---------  ----------

    2150    Total guaranteed loan
              commitments...................         148          41          42
    ----------------------------------------------------------------------------

        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........          59         179         310
    2231  Disbursements of new guaranteed
            loans...........................         120         131         112
    2261  Adjustments: Terminations for
            default that result in loans
            receivable......................
                                               ---------   ---------  ----------

    [[Page 98]]

    2290    Outstanding, end of year........         179         310         422
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..         179         310         422
    ----------------------------------------------------------------------------

        Addendum:
          Cumulative balance of defaulted guaranteed
              loans that result in loans receivable:

    2310    Outstanding, start of year......
    2331    Disbursements for guaranteed
              loan claims...................
                                               ---------   ---------  ----------

    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) Housing Guaranty program committed in 1992 and
    beyond. The amounts in this account are a means of financing and are not
    included in the budget totals.

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4344-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....           5             28            58             60
            Investments in US securities:
    1106      Accounts receivable from
                program accounts............          41             43            43             31
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................          46             71           101             91
        LIABILITIES:
    2204  Non-Federal liabilities: Estimated
            Federal liability for loan
            guarantees, credit reform.......           5             28            58             60
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............           5             28            58             60
        NET POSITION:
    3100  Appropriated capital..............          41             43            43             31
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............          41             43            43             31
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position          46             71           101             91
    -----------------------------------------------------------------------------------------------

         Housing and Other Credit Guaranty Programs Liquidating Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4340-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.03 Claim payments....................           1           1           1
    00.04 Acquired security on collateral...          56          54          68
    00.05 Interest on borrowing.............          11           9           7
                                               ---------   ---------  ----------

    10.00   Total obligations...............          68          64          76
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          68          64          76
    23.95 New obligations...................         -68         -64         -76
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    60.05 Appropriation (indefinite)........           9           7          38
          Spending authority from offsetting
              collections:

    68.00   Offsetting collections (cash)...          59          72          63
    68.47   Portion applied to debt
              reduction.....................                     -15         -25
                                               ---------   ---------  ----------

    68.90     Spending authority from
                offsetting collections
                (total).....................          59          57          38
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          68          64          76
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.90 Unpaid obligations, start of year:
            Obligated balance: Fund balance.           7           6           5
    73.10 New obligations...................          68          64          76
    73.20 Total outlays (gross).............         -69         -66         -77
    74.90 Unpaid obligations, end of year:
            Obligated balance: Fund balance:
            Uninvested balance..............           6           5           4
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................          67          64          76
    86.98 Outlays from permanent balances...           1           1           1
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          69          66          77
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

            Offsetting collections (cash)
                from:
    88.00     Federal sources-receipts
                resulting from debt
                restructuring...............                     -17          -6
              Non-Federal sources:
    88.40       Recoveries of claims........         -31         -27         -29
    88.40       Fees........................          -9          -9          -9
    88.40       Interest & late pmt.
                  collections...............         -19         -19         -19
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -59         -72         -63
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................           9          -8          13
    90.00 Outlays...........................          10          -6          14
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4340-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........       2,037       2,009       1,964
    2231  Disbursements of new guaranteed
            loans...........................          34          27          50
    2251  Repayments and prepayments........         -52         -47         -49
    2261  Adjustments: Terminations for
            default that result in loans
            receivable......................         -10         -25         -25
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........       2,009       1,964       1,940
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..       2,009       1,964       1,940
    ----------------------------------------------------------------------------

        Addendum:
          Cumulative balance of defaulted guaranteed
              loans that result in loans receivable:

    2310    Outstanding, start of year......         409         442         427
    2331    Disbursements for guaranteed
              loan claims...................          65          64          87
    2351    Repayments of loans receivable..         -31         -44         -35
    2361    Write-offs of loans receivable..          -1         -35         -39
                                               ---------   ---------  ----------

    2390      Outstanding, end of year......         442         427         440
    ---------------------------------------------------------------------------

        As required by the Federal Credit Reform Act of 1990, this account
    records, for the Housing Guaranty 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.

                            Statement of Operations (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4340-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
    0111  Revenue...........................          59             59            58             58
    0112  Expense...........................        -178           -178          -196           -196
                                            ------------ --------------  ------------  -------------
    0119  Net income or loss (-)............        -119           -119          -138           -138
                                            ------------ --------------  ------------  -------------
    0199  Net income or loss................        -119           -119          -138           -138
    -----------------------------------------------------------------------------------------------

    [[Page 99]]

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4340-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................           7              6             5              4
    1206  Non-Federal assets: Receivables,
            net.............................           1              1
          Net value of assets related to
              pre-1992 direct loans
              receivable and acquired
              defaulted guaranteed loans
              receivable:

    1701    Defaulted guaranteed loans,
              gross.........................         409            442           428            441
    1703    Allowance for estimated
              uncollectible loans and
              interest (-)..................        -362           -403          -390           -402
    1704    Defaulted guaranteed loans and
              interest receivable, net......          47             39            38             39
                                            ------------ --------------  ------------  -------------
    1799      Value of assets related to
                loan guarantees.............          47             39            38             39
    1803  Other Federal assets: Property,
            plant and equipment, net........           1
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................          56             46            43             43
        LIABILITIES:
          Federal liabilities:

    2102    Interest payable................           5              5             5              5
    2103    Debt............................         125            125           110             85
    2105    Other...........................           3
          Non-Federal liabilities:

    2201    Accounts payable................           2             15
    2204    Liabilities for loan guarantees.         702            686           671            662
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............         837            831           786            752
        NET POSITION:
    3100  Appropriated capital..............         108            159           159            172
    3300  Cumulative results of operations..        -891           -944          -902           -881
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............        -783           -785          -743           -709
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position          54             46            43             43
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4340-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    33.0  Investments and loans.............          56          54          68
    42.0  Insurance claims and indemnities..           1           1           1
    43.0  Interest and dividends............          11           9           7
    99.0  Subtotal, reimbursable obligations          68          64          76
                                               ---------   ---------  ----------

    99.9    Total obligations...............          68          64          76
    ---------------------------------------------------------------------------

             Micro and Small Enterprise Development Program Account

        For the [subsidy] cost of direct loans and loan guarantees,
    $1,500,000, [as authorized by section 108] to remain available until
    September 30, 1998, for microenterprise and other development credit
    programs in support of the objectives of chapter 1 of part I 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 and direct loans for micro and
    small enterprise development shall be in accordance with section 108 of
    the Foreign Assistance Act of 1961, except 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, to remain available until September 30, 1998, 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, 1997]. (Foreign Operations, Export
    Financing, and Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-0400-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Guaranty loan subsidy--
            microenterprise credits.........           1           1           1
    00.09 Administrative expenses...........                       1           1
                                               ---------   ---------  ----------

    10.00   Total obligations...............           1           2           2
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......           2           2           2
    23.95 New obligations...................          -1          -2          -2
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................           2           2           2
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation           2           2           3
    73.10 New obligations...................           1           2           2
    73.20 Total outlays (gross).............          -1          -1          -2
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           2           3           3
    ----------------------------------------------------------------------------

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

    87.00   Total outlays (gross)...........           1           1           2
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................           2           2           2
    90.00 Outlays...........................           1           1           2
    ---------------------------------------------------------------------------

        The Microenterprise and Other Development Credit Program account
    supports private sector activities in developing countries by providing
    direct loans and loan guarantees to support local micro and small
    enterprises.

        As required by the Federal Credit Reform Act of 1990, this account
    records, for this program, the subsidy costs associated with the loan
    guarantees committed in 1992 and beyond, as well as administrative
    expenses of this program. The subsidy amounts are estimated on present
    value basis; the administrative expenses are estimated on a cash basis.

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

    ----------------------------------------------------------------------------
    Identification code 72-0400-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Direct loan levels supportable by subsidy
                    budget authority:
    1150  Direct loan levels................           2           1           1
                                               ---------   ---------  ----------

    1159    Total direct loan levels........           2           1           1
        Direct loan subsidy (in percent):
    1320  Subsidy rate......................       10.20       12.75       12.20
                                               ---------   ---------  ----------

    1329    Weighted average subsidy rate...       10.20       12.75       12.20
    ----------------------------------------------------------------------------

        Guaranteed loan levels supportable by subsidy
                    budget authority:
    2150  Loan guarantee levels.............          48          38          38
                                               ---------   ---------  ----------

    2159    Total loan guarantee levels.....          48          38          38
        Guaranteed loan subsidy (in percent):
    2320  Subsidy rate......................        3.70        3.70        3.73
        Guaranteed loan subsidy budget authority:
    2330  Subsidy budget authority..........           1           1           1
                                               ---------   ---------  ----------

    2339    Total subsidy budget authority..           1           1           1
        Guaranteed loan subsidy outlays:
    2340  Subsidy outlays...................           1           1           2
                                               ---------   ---------  ----------

    2349    Total subsidy outlays...........           1           1           2
    ----------------------------------------------------------------------------

        Administrative expense data:
    3510  Budget authority..................                       1           1
    3590  Outlays from new authority........
    ---------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-0400-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    41.0  Direct obligations: Grants,
            subsidies, and contributions....           1           1           1
    99.5  Below reporting threshold.........                       1           1
                                               ---------   ---------  ----------

    99.9    Total obligations...............           1           2           2
    ---------------------------------------------------------------------------

    [[Page 100]]

       Microenterprise and Other Development Credit Direct Loan Financing
                                     Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4342-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct loans......................           1           3           1
                                               ---------   ---------  ----------

    10.00   Total obligations...............           1           3           1
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New financing authority (gross)...           1           3           1
    23.95 New obligations...................          -1          -3          -1
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    67.15 Authority to borrow (indefinite)..           1           3
    68.00 Spending authority from offsetting
            collections: Offsetting
            collections (cash)..............                                   1
                                               ---------   ---------  ----------

    70.00   Total new financing authority
              (gross).......................           1           3           1
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................           1           3           1
    73.20 Total financing disbursements
            (gross).........................                      -3          -1
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................                       3           1
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

    88.40   Offsetting collections (cash)
              from: Interest received on
              loans.........................                                  -1
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............           1           3
    90.00 Financing disbursements...........                       3
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4342-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on obligations:
    1111  Limitation on direct loans........
    1131  Direct loan obligations exempt
            from limitation.................           1           1           1
                                               ---------   ---------  ----------

    1150    Total direct loan obligations...           1           1           1
    ----------------------------------------------------------------------------

        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........           1           1           4
    1231  Disbursements: Direct loan
            disbursements...................                       3           1
    1251  Repayments: Repayments and
            prepayments.....................                                  -1
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........           1           4           4
    ---------------------------------------------------------------------------

        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 Other 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)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4342-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Net value of assets related to
              post-1991 direct loans
              receivable:

    1401    Direct loans receivable, gross..           1              1             4              4
                                            ------------ --------------  ------------  -------------
    1499      Net present value of assets
                related to direct loans.....           1              1             4              4
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................           1              1             4              4
        LIABILITIES:
    2201  Non-Federal liabilities: Accounts
            payable.........................           1              1             4              4
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............           1              1             4              4
    -----------------------------------------------------------------------------------------------

     Microenterprise and Other Development Guaranteed Loan Financing Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4343-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Default claims....................                       1           1
                                               ---------   ---------  ----------

    10.00   Total obligations...............                       1           1
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....           1           1           3
    22.00 New financing authority (gross)...           2           3           1
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           3           4           4
    23.95 New obligations...................                      -1          -1
    24.90 Unobligated balance available, end
            of year: Fund balance...........           1           3           3
    ----------------------------------------------------------------------------

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

    68.00   Offsetting collections (cash)...           1           2           2
    68.10   Change in orders on hand from
              Federal sources...............           1           1          -1
                                               ---------   ---------  ----------

    68.90     Spending authority from
                offsetting collections
                (total).....................           2           3           1
                                               ---------   ---------  ----------

    70.00   Total new financing authority
              (gross).......................           2           3           1
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.95 Unpaid obligations, start of year:
            Orders on hand from Federal
            sources.........................           1           2           3
    73.10 New obligations...................                       1           1
    73.20 Total financing disbursements
            (gross).........................          -1                      -2
    74.95 Unpaid obligations, end of year:
            Orders on hand from Federal
            sources.........................           2           3           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................           1                       2
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

    88.00   Offsetting collections (cash)
              from: Federal sources:
              Payments from program account.          -1          -2          -2
    88.95 Change in receivables from program
            accounts........................          -1          -1           1
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............
    90.00 Financing disbursements...........                      -2
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4343-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on commitments:
    2131  Guaranteed loan commitments exempt
            from limitation.................          48          38          38
                                               ---------   ---------  ----------

    2150    Total guaranteed loan
              commitments...................          48          38          38
    ----------------------------------------------------------------------------

        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........          22          26          45
    2231  Disbursements of new guaranteed
            loans...........................           4          20          36
    2263  Adjustments: Terminations for
            default that result in claim
            payments........................                      -1          -1
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........          26          45          80
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..          13          23          40
    ----------------------------------------------------------------------------

    [[Page 101]]

        Addendum:
          Cumulative balance of defaulted guaranteed
              loans that result in loans receivable:

    2310    Outstanding, start of year......                                   1
    2331    Disbursements for guaranteed
              loan claims...................                       1           1
                                               ---------   ---------  ----------

    2390      Outstanding, end of year......                       1           2
    ---------------------------------------------------------------------------

        As required by the Federal Credit Reform Act of 1990, this non-
    budgetary account records all cash flows to and from the Government
    resulting from loan guarantees under the Agency for International
    Development (USAID) Microenterprise and Other 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    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....           1              2             3              3
            Investments in US securities:
    1106      Accounts receivable from
                program account.............           1              2             3              2
          Net value of assets related to
              post-1991 acquired defaulted
              guaranteed loans receivable:

    1501    Defaulted guaranteed loans
              receivable, gross.............                                        1              1
                                            ------------ --------------  ------------  -------------
    1599      Net present value of assets
                related to defaulted
                guaranteed loans............                                        1              1
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................           2              4             7              6
        LIABILITIES:
    2204  Non-Federal liabilities: Estimated
            Federal liability for loan
            guarantees, credit reform.......           1              2             4              4
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............           1              2             4              4
        NET POSITION:
    3100  Appropriated capital..............           1              2             3              2
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............           1              2             3              2
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position           2              4             7              6
    -----------------------------------------------------------------------------------------------

                Private Sector Revolving Fund Liquidating Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4341-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......           3           5
    22.40 Capital transfer to general fund..          -2          -5
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           1
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............           3           5
                                                       3           5
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.90 Unpaid obligations, start of year:
            Obligated balance: Fund balance.           2           2
    73.10 New obligations...................
    73.20 Total outlays (gross).............          -2          -2
    74.90 Unpaid obligations, end of year:
            Obligated balance: Fund balance:
            Uninvested balance..............           2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................           2
    86.98 Outlays from permanent balances...                       2
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           2           2
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.40   Offsetting collections (cash)
              from: Non-Federal sources.....          -3          -5
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................          -1          -3
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4341-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........           8           7           3
    1231  Disbursements: Direct loan
            disbursements...................
    1251  Repayments: Repayments and
            prepayments.....................          -1          -4
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........           7           3           3
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-4341-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........          19          19          19
    2231  Disbursements of new guaranteed
            loans...........................
    2264  Adjustments: Other adjustments,
            net.............................                                 -17
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........          19          19           2
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..          10          10           1
    ---------------------------------------------------------------------------

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

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-4341-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................           2              2
    1206  Non-Federal assets: Receivables,
            net.............................           1
          Net value of assets related to
              pre-1992 direct loans
              receivable and acquired
              defaulted guaranteed loans
              receivable:

    1601    Direct loans, gross.............           7              7             3              3
    1603    Allowance for estimated
              uncollectible loans and
              interest (-)..................          -4             -3            -1             -1
    1604    Direct loans and interest
              receivable, net...............           3              4             2              2
                                            ------------ --------------  ------------  -------------
    1699      Value of assets related to
                direct loans................           3              4             2              2
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................           6              6             2              2
        LIABILITIES:
    2101  Federal liabilities: Accounts
            payable.........................           5              2
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............           5              2
        NET POSITION:
    3100  Appropriated capital..............           2              4             2              2
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............           2              4             2              2
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position           7              6             2              2
    -----------------------------------------------------------------------------------------------

    [[Page 102]]

                 Economic Assistance Loans--Liquidating Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4103-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......                     898         878
    22.40 Capital transfer to general fund..                    -898        -878
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......
    23.95 New obligations...................
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............                     898         878
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.90 Unpaid obligations, start of year:
            Obligated balance: Fund balance.                      13
    73.10 New obligations...................
    73.20 Total outlays (gross).............                     -13
    73.30 Obligated balance transferred, net          13
    74.90 Unpaid obligations, end of year:
            Obligated balance: Fund balance:
            Uninvested balance..............          13
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.98 Outlays from permanent balances...                      13
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........                      13
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.40   Offsetting collections (cash)
              from: Non-Federal sources.....                    -898        -878
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................                    -885        -878
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4103-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........      13,765      13,279      12,680
    1231  Disbursements: Direct loan
            disbursements...................          11          13
          Repayments:

            Repayments and prepayments:
    1251      Repayments and prepayments....        -443        -612        -616
    1251      Repayments and prepayments....         -22
          Write-offs for default:

            Direct loans:
    1263      Direct loans..................          -5
    1263      Direct loans..................         -27
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........      13,279      12,680      12,064
    ---------------------------------------------------------------------------
        \1\ Shows consolidation of amounts outstanding from the Economic
    Support Fund, Functional Development Assistance Program, and the
    Development Loans Revolving Fund.

        The Economic Assistance Loans account consolidates liquidating
    credit activity from four previous accounts: Economic Support Fund,
    Functional Development Assistance Program, and the Development Loans
    Revolving Fund. This was done to simplify presentation.

                                   Trust Funds

            Foreign Service National Separation Liability Trust Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-8342-0-7-602      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            12.1)...........................           4           3           3
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......           5           3           3
    23.95 New obligations...................          -4          -3          -3
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    60.27 Appropriation (trust fund,
            indefinite).....................           5           3           3
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation           5           5           6
    73.10 New obligations...................           4           3           3
    73.20 Total outlays (gross).............          -2                      -1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           5           6           8
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................           2                       1
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           2                       1
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................           5           3           3
    90.00 Outlays...........................           2                       1
    ---------------------------------------------------------------------------

        This Fund is maintained to pay separation costs for Foreign Service
    National employees of the Agency for International Development in those
    countries in which such pay is legally required. The Fund, as authorized
    by Public Law 102-138, is maintained by annual Government contributions
    which are appropriated in several Agency accounts.

                         Miscellaneous Trust Funds, Aid

                        Proginancing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-9971-0-7-151   1995 actual95
                                                  actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            99.5)...........................           1           1           1
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Treasury balance.           2           2           2
    22.00 New budget authority (gross)......
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           2           2           2
    23.95 New obligations...................          -1          -1          -1
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           2           2           2
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation           4           1           1
    73.10 New obligations...................           1           1           1
    73.20 Total outlays (gross).............          -3          -1          -1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           1           1           1
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.98 Outlays from permanent balances...           3
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           3           1           1
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................           3           1           1
    ---------------------------------------------------------------------------

        Funds advanced by foreign countries are used to pay for procurement
    in the United States of nonmilitary materials or services for programs
    in those countries in accordance with bilateral agreements.

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   72-9971-0-7-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................           7              4             4              4
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................           7              4             4              4
        LIABILITIES:
    2202  Non-Federal liabilities: Interest
            payable.........................           1              1             1              1
                                            ------------ --------------  ------------  -------------

    [[Page 103]]

    2999    Total liabilities...............           1              1             1              1
        NET POSITION:
    3300  Cumulative results of operations..           6              3             3              3
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............           6              3             3              3
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position           7              4             4              4
    -----------------------------------------------------------------------------------------------

                General Fund Receipt Account (in millions of dollars)

    ----------------------------------------------------------------------------
                                             1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    Offsetting receipts from the public:
      72-146600  Interest on loans, AID.....         318
      72-294100  Dollar repayments of loans,
        Agency for International Development         539
                                               ---------   ---------  ----------

    General Fund Offsetting receipts from
     the public.............................         857
    ---------------------------------------------------------------------------

                     OVERSEAS PRIVATE INVESTMENT CORPORATION

                                  Federal Funds

    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 [$26,000,000] $32,000,000: Provided further, That
    project-specific transaction costs, including direct and indirect costs
    incurred in claims settlements, and other direct costs associated with
    services provided to specific investors or potential investors pursuant
    to section 234 of the Foreign Assistance Act of 1961, shall not be
    considered administrative expenses for the purposes of this heading.
    (Foreign Operations, Export Financing, and Related Programs
    Appropriation Act, 1996.)

                  Unavailable Collections (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4184-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Balance, start of year:
    01.99 Balance, start of year............       1,874       1,988       2,164
                                               ---------   ---------  ----------

    03.00 Offsetting Collections............         114         176         127
    04.00 Total: Balances and collections...       1,988       2,164       2,291
    07.99 Total balance, end of year........       1,988       2,164       2,291
    ---------------------------------------------------------------------------

        These balances are reserves held for potential claims and are not
    expected to be obligated.

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4184-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
          Operating expenses:

    00.01   Noncredit administrative expense          13          13          13
    00.02   Insurance claim payments/
              provisions....................          22          11          12
    00.03   Credit administration expenses..          16          16          19
                                               ---------   ---------  ----------

    10.00   Total obligations...............          51          40          44
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          51          40          44
    22.10 Resources available from
            recoveries of prior year
            obligations.....................                       1           1
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          51          41          45
    23.95 New obligations...................         -51         -40         -44
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    41.00   Transferred to other accounts...         -47         -16         -91
          Permanent:

            Spending authority from
                offsetting collections:
    68.00     Offsetting collections (cash).         229         232         262
    68.27     Capital transfer to general
                fund........................         -17
    68.45     Portion not expected to be
                obligated...................        -114        -176        -127
                                               ---------   ---------  ----------

    68.90       Spending authority from
                  offsetting collections
                  (total)...................          98          56         135
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          51          40          44
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          51          81          85
    73.10 New obligations...................          51          40          44
    73.20 Total outlays (gross).............         -21         -35         -38
    73.45 Adjustments in unexpired accounts.                      -1          -1
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          81          85          90
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................          20          26          29
    86.98 Outlays from permanent balances...           1           9           8
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          21          35          38
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

            Offsetting collections (cash)
                from:
    88.00     Federal sources...............         -16         -16         -19
    88.20     Interest on U.S. securities...        -145        -137        -157
    88.40     Non-Federal sources...........         -68         -79         -86
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........        -229        -232        -262
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................        -178        -192        -218
    90.00 Outlays...........................        -208        -197        -224
    ---------------------------------------------------------------------------

        The Overseas Private Investment Corporation encourages the
    participation of United States private capital and skills in the
    economic and social development of developing countries and emerging
    market economies. Its primary noncredit program is political risk
    insurance against losses due to expropriation, inconvertibility, and
    political violence damage.

                      Status of Funds (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4184-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Unexpended balance, start of year:
    0100  Treasury balance..................          21          76          79
          U.S. Securities:

    0101    Par value.......................       1,916       2,022       2,169
    0102    Unrealized discounts............         -14         -31
                                               ---------   ---------  ----------

    0199    Total balance, start of year....       1,923       2,067       2,248
        Cash income during the year:
          Offsetting collections:

    0280    Offsetting Collections..........         229         232         262
        Cash outgo during year:
    0500  Overseas Private Investment
            Corporation noncredit account...         -21         -35         -38
    0645  Balance transferred, net..........         -64         -16         -91
        Unexpended balance, end of year:
    0700  Treasury balance..................          76          79          86
          U.S. Securities:

    0701    Par value.......................       2,022       2,169       2,295
    0702    Unrealized discounts............         -31
                                               ---------   ---------  ----------

    0799    Total balance, end of year......       2,067       2,248       2,381
    ---------------------------------------------------------------------------
                                       INSURANCE PROGRAM ACTIVITY
                                        [In millions 1994 actual 1995 actual  1996 est.   1997 est.
    Aggregate insurance outstanding, start of year..      11,992      16,177      21,297      24,072
    Aggregate insurance issued during year..........       6,060       8,605       9,100       9,400
    Aggregate insurance reductions and consultations      -1,874      -3,485      -6,325      -7,149
                                                    ------------------------------------------------
    Aggregate insurance outstanding, end of year....      16,177      21,297      24,072      26,323
    Net growth/(decline) of portfolio...............       4,185       5,120       2,775       2,251
    Net growth rate of insurance portfolio..........      34.90%      31.65%      13.03%       9.35%
                                                    ------------------------------------------------

    [[Page 104]]
                                                                                        ------------
                                      STATUS OF INSURANCE AUTHORITY

                                        [In millions 1994 actual 1995 actual  1996 est.   1997 est.
    Statutory authority limitation..................       9,000      13,500      13,500      13,500
    Maximum contingent liability, end of year.......       8,229      11,501      12,999      14,214
    Estimated potential exposure to claims, end of
        year........................................       5,087       7,880       8,907       9,739
                                                    ================================================

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   71-4184-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....          21             18            18             18
            Investments in US securities:
    1102      Treasury securities, par......       2,043          2,201         2,300          2,400
    1106      Receivables, net..............          39             44            44             44
    1206  Non-Federal assets: Receivables,
            net.............................           2             14            14             14
          Other Federal assets:

    1803    Property, plant and equipment,
              net...........................           8              9             9              9
    1901    Other assets....................          13
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................       2,126          2,286         2,385          2,485
        LIABILITIES:
    2101  Federal liabilities: Accounts
            payable.........................          23              3             3              3
          Non-Federal liabilities:

    2201    Accounts payable................           1             55            55             55
    2207    Other...........................         107             84            84             84
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............         131            142           142            142
        NET POSITION:
    3300  Cumulative results of operations..       1,995          2,144         2,243          2,343
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............       1,995          2,144         2,243          2,343
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position       2,126          2,286         2,385          2,485
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4184-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.1  Personnel compensation: Full-time
            permanent.......................           6           6           6
    12.1  Civilian personnel benefits.......           2           2           2
    21.0  Travel and transportation of
            persons.........................           1           1           1
    23.2  Rental payments to others.........           2           2           2
    25.2  Other services....................           2           2           2
    25.3  Purchases of goods and services
            from Government accounts........          16          16          19
    42.0  Insurance claims and indemnities..          22          11          12
    99.0  Subtotal, reimbursable obligations          51          40          44
                                               ---------   ---------  ----------

    99.9    Total obligations...............          51          40          44
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 71-4184-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Total compensable workyears:
    2001  Full-time equivalent employment...          65          72          80
    2005  Full-time equivalent of overtime
            and holiday hours...............           1           1           1
    ---------------------------------------------------------------------------

    Credit accounts:

             Overseas Private Investment Corporation Program Account

        For the cost of direct and guaranteed loans, $72,000,000, 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 [1996] 1997 and [1997] 1998:
    Provided further, That such sums shall remain available through fiscal
    year [2003] 2005 for the disbursement of direct and guaranteed loans
    obligated in fiscal year [1996] 1997, and through fiscal year [2004]
    2006 for the disbursement of direct and guaranteed loans obligated in
    fiscal year [1997] 1998. 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,
    1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct loan subsidy...............                       8           4
    00.02 Guaranteed loan subsidy...........          59          98          68
    00.03 Credit administrative expenses....          16          16          19
                                               ---------   ---------  ----------

    10.00   Total obligations...............          75         122          91
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................          21          42           8
    22.00 New budget authority (gross)......          97          88          91
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         118         130          99
    23.95 New obligations...................         -75        -122         -91
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....          42           8           8
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................                      72
    42.00 Transferred from other accounts...          97          16          91
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........          97          88          91
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          97          88          91
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          63         117         167
    73.10 New obligations...................          75         122          91
    73.20 Total outlays (gross).............         -22         -72         -90
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         117         167         168
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          15          16          19
    86.93 Outlays from current balances.....           6          56          71
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          22          72          90
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          97          88          91
    90.00 Outlays...........................          22          72          90
    ---------------------------------------------------------------------------

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

    ----------------------------------------------------------------------------
    Identification code 71-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Direct loan levels supportable by subsidy
                    budget authority:
    1150  Direct loan levels................          15         200          80
                                               ---------   ---------  ----------

    1159    Total direct loan levels........          15         200          80
        Direct loan subsidy (in percent):
    1320  Subsidy rate......................        0.00        4.00        5.00
                                               ---------   ---------  ----------

    1329    Weighted average subsidy rate...        0.00        4.00        5.00
        Direct loan subsidy budget authority:
    1330  Subsidy budget authority..........                       8           4
                                               ---------   ---------  ----------

    1339    Total subsidy budget authority..                       8           4
        Direct loan subsidy outlays:
    1340  Subsidy outlays...................           3           4           4
                                               ---------   ---------  ----------

    1349    Total subsidy outlays...........           3           4           4
    ----------------------------------------------------------------------------

        Guaranteed loan levels supportable by subsidy
                    budget authority:
    2150  Loan guarantee levels.............       1,891       2,000       2,250
                                               ---------   ---------  ----------

    2159    Total loan guarantee levels.....       1,891       2,000       2,250

    [[Page 105]]

        Guaranteed loan subsidy (in percent):
    2320  Subsidy rate......................        0.00        3.00        2.50
        Guaranteed loan subsidy budget authority:
    2330  Subsidy budget authority..........          59          98          65
                                               ---------   ---------  ----------

    2339    Total subsidy budget authority..          59          98          65
        Guaranteed loan subsidy outlays:
    2340  Subsidy outlays...................           5          52          67
                                               ---------   ---------  ----------

    2349    Total subsidy outlays...........           5          52          67
    ----------------------------------------------------------------------------

        Administrative expense data:
    3510  Budget authority..................          16          16          19
    3590  Outlays...........................          13          16          19
    ---------------------------------------------------------------------------

        The Overseas Private Investment Corporation encourages the
    participation of United States private capital and skills in the
    economic and social development of developing countries and emerging
    market economies. Its primary credit program is investment financing
    through loans and guaranteed loans.

        As required by the Federal Credit Reform Act of 1990, the Program
    Account records the subsidy costs associated with the direct loans
    obligated and loan guarantees committed in 1992 and beyond (including
    modifications of direct loans or loan guarantees that resulted from
    obligations or commitments in any year), as well as administrative
    expenses of this program. The subsidy amounts are estimated on a present
    value basis; the administrative expenses are estimated on a cash basis.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.1  Personnel compensation: Full-time
            permanent.......................           6           6           8
    12.1  Civilian personnel benefits.......           2           2           3
    21.0  Travel and transportation of
            persons.........................           1           1           1
    23.2  Rental payments to others.........           2           2           2
    25.2  Other services....................           3           3           3
    41.0  Grants, subsidies, and
            contributions...................          59         106          72
    99.5  Below reporting threshold.........           2           2           2
                                               ---------   ---------  ----------

    99.9    Total obligations...............          75         122          91
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 71-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    1001  Total compensable workyears: Full-
            time equivalent employment......         109         110         120
    ---------------------------------------------------------------------------

      Overseas Private Investment Corporation Direct Loan Financing Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4074-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Direct loans......................          15         200          80
    00.02 Interest on Treasury borrowing....           2           3           5
                                               ---------   ---------  ----------

    10.00   Total obligations...............          17         203          85
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New financing authority (gross)...          17         203          85
    23.95 New obligations...................         -17        -203         -85
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    67.15 Authority to borrow (indefinite)..          10         192          72
          Spending authority from offsetting
              collections:

    68.00   Offsetting collections (cash)...           7           6           8
    68.10   Change in orders on hand from
              Federal sources...............                       6           4
                                               ---------   ---------  ----------

    68.90     Spending authority from
                offsetting collections
                (total).....................           7          12          12
                                               ---------   ---------  ----------

    70.00   Total new financing authority
              (gross).......................          17         203          85
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
          Unpaid obligations, start of year:

    72.90   Obligated balance: Fund balance.          68          38         173
    72.95   Orders on hand from Federal
              sources.......................           3           3           9
                                               ---------   ---------  ----------

    72.99     Total unpaid obligations,
                start of year...............          71          41         182
    73.10 New obligations...................          17         203          85
    73.20 Total financing disbursements
            (gross).........................         -47         -62         -75
          Unpaid obligations, end of year:

    74.90   Obligated balance: Fund balance:
              Uninvested balance............          38         173         179
    74.95   Orders on hand from Federal
              sources.......................           3           9          13
                                               ---------   ---------  ----------

    74.99     Total unpaid obligations, end
                of year.....................          41         182         192
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................          47          62          75
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.00     Federal sources...............          -4          -2          -4
              Non-Federal sources:
    88.40       Repayments of principal.....          -1          -1          -1
    88.40       Interest received on loans..          -2          -2          -2
    88.40       Fees........................                      -1          -1
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........          -7          -6          -8
    88.95 Change in receivables from program
            accounts........................                      -6          -4
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............          10         191          73
    90.00 Financing disbursements...........          39          56          67
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4074-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on obligations:
    1111  Limitation on direct loans........
    1131  Direct loan obligations exempt
            from limitation.................          15         200          80
                                               ---------   ---------  ----------

    1150    Total direct loan obligations...          15         200          80
    ----------------------------------------------------------------------------

        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........           8          53         114
    1231  Disbursements: Direct loan
            disbursements...................          46          62          75
    1251  Repayments: Repayments and
            prepayments.....................          -1          -1          -1
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........          53         114         188
    ---------------------------------------------------------------------------
        \1\ Enacted limitation was for both direct and guaranteed loans
    combined. This level is the expected direct loan amount from that
    limitation.

        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)

    -----------------------------------------------------------------------------------------------
    Identification code   71-4074-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....           6              4             5              4
            Investments in US securities:
    1106      Receivables, net..............           7              3             9             13
    1206  Non-Federal assets: Receivables,
            net.............................                          3             6              6
          Net value of assets related to
              post-1991 direct loans
              receivable:

    1401    Direct loans receivable, gross..           9             53           114            188
    1402    Interest receivable.............                          1             2              3
    1405    Allowance for subsidy cost (-)..          -2             -6            -8             -6
                                            ------------ --------------  ------------  -------------
    1499      Net present value of assets
                related to direct loans.....           7             48           108            185
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................          20             58           128            208

    [[Page 106]]

        LIABILITIES:
          Federal liabilities:

    2101    Accounts payable................           7              3            13             26
    2102    Interest payable................           1              2             3              5
    2103    Debt............................          12             49           108            171
    2207  Non-Federal liabilities: Other....                          1             1              1
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............          20             55           125            203
        NET POSITION:
    3300  Cumulative results of operations..                          3             3              5
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............                          3             3              5
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position          20             58           128            208
    -----------------------------------------------------------------------------------------------

       Overseas Private Investment Corporation Guaranteed Loan Financing
                                     Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4075-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.03 Default Claims....................           1          10          20
    00.04 Capitalized Costs.................           2           2           2
                                               ---------   ---------  ----------

    10.00   Total obligations...............           3          12          22
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....          78         109         210
    22.00 New financing authority (gross)...          34         113         147
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         112         222         357
    23.95 New obligations...................          -3         -12         -22
    24.90 Unobligated balance available, end
            of year: Fund balance...........         109         210         335
    ----------------------------------------------------------------------------

        New financing authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............          34         113         147
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................           3          12          22
    73.20 Total financing disbursements
            (gross).........................          -3         -12         -22
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total financing disbursements
            (gross).........................           3          12          22
    ----------------------------------------------------------------------------

        Offsets:
          Against gross financing authority and
              financing disbursements:

            Offsetting collections (cash)
                from:
    88.00     Federal sources: Payments from
                program account.............          -4         -58         -67
    88.25     Interest on uninvested funds..                      -5         -10
    88.40     Non-Federal sources: Fees and
                premiums....................         -36         -50         -70
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -40        -113        -147
    ----------------------------------------------------------------------------

        Net financing authority and financing
            disbursements:
    89.00 Financing authority...............          -6
    90.00 Financing disbursements...........         -37        -101        -125
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4075-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Position with respect to appropriations act
                    limitation on commitments:
    2131  Guaranteed loan commitments exempt
            from limitation.................       1,891       2,000       2,250
                                               ---------   ---------  ----------

    2150    Total guaranteed loan
              commitments...................       1,891       2,000       2,250
    ----------------------------------------------------------------------------

        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........         387         948       2,550
    2231  Disbursements of new guaranteed
            loans...........................         575       1,627       1,765
    2251  Repayments and prepayments........         -14         -25        -300
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........         948       2,550       4,015
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..         948       2,550       4,015
    ----------------------------------------------------------------------------

        Addendum:
          Cumulative balance of defaulted guaranteed
              loans that result in loans receivable:

    2310    Outstanding, start of year......           9           9           7
    2331    Disbursements for guaranteed
              loan claims...................                                  15
    2351    Repayments of loans receivable..                      -2
                                               ---------   ---------  ----------

    2390      Outstanding, end of year......           9           7          22
    ---------------------------------------------------------------------------

        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.

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   71-4075-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
    1101  Federal assets: Fund balances with
            Treasury........................          24             60           161            286
    1206  Non-Federal assets: Receivables,
            net.............................           2              4             6             19
          Net value of assets related to
              post-1991 acquired defaulted
              guaranteed loans receivable:

    1501    Defaulted guaranteed loans
              receivable, gross.............           9              7             7             20
                                            ------------ --------------  ------------  -------------
    1599      Net present value of assets
                related to defaulted
                guaranteed loans............           9              7             7             20
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................          35             71           174            325
        LIABILITIES:
    2103  Federal liabilities: Debt.........           4              4             4
          Non-Federal liabilities:

    2204    Liabilities for loan guarantees.          17             36           113            147
    2207    Other...........................           8             19            23             29
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............          29             59           140            176
        NET POSITION:
    3300  Cumulative results of operations..           6             12            34            149
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............           6             12            34            149
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position          35             71           174            325
    -----------------------------------------------------------------------------------------------
        \1\ Enacted limitation was for both direct and guaranteed loans
    combined. This level is the expected guaranteed loan amount from that
    limitation.

           Overseas Private Investment Corporation Liquidating Account

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4030-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.02 Expenses..........................           1           4           4
    00.12 Guaranty provisions/claim payments                      15          15
                                               ---------   ---------  ----------

    10.00   Total obligations...............           1          19          19
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
          Unobligated balance available, start of year:

    21.90   Fund balance....................          92         146         145
    21.91   U.S. Securities: Par value......          35          35          35
                                               ---------   ---------  ----------

    21.99     Total unobligated balance,
                start of year...............         127         181         180
    22.00 New budget authority (gross)......          52          15          15
    22.10 Resources available from
            recoveries of prior year
            obligations.....................           3           3           3
                                               ---------   ---------  ----------

    [[Page 107]]

    23.90   Total budgetary resources
              available for obligation......         182         199         198
    23.95 New obligations...................          -1         -19         -19
          Unobligated balance available, end of year:

    24.90   Fund balance....................         146         145         144
    24.91   Par value.......................          35          35          35
                                               ---------   ---------  ----------

    24.99   Total unobligated balance, end
              of year.......................         181         180         179
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    68.00 Spending authority from offsetting
            collections (gross): Offsetting
            collections (cash)..............          52          15          15
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          35          15          12
    73.10 New obligations...................           1          19          19
    73.20 Total outlays (gross).............         -18         -19         -19
    73.45 Adjustments in unexpired accounts.          -3          -3          -3
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          15          12           9
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.98 Outlays from permanent balances...          18          19          19
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          18          19          19
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

            Offsetting collections (cash)
                from:
    88.20     Interest on U.S. securities...          -3          -3          -3
    88.40     Non-Federal sources...........         -49         -15         -15
                                               ---------   ---------  ----------

    88.90       Total, offsetting
                  collections (cash)........         -52         -18         -18
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................                      -3          -3
    90.00 Outlays...........................         -34           1           1
    ---------------------------------------------------------------------------

                   Status of Direct Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4030-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of direct loans
                    outstanding:
    1210  Outstanding, start of year........          39          28          23
    1251  Repayments: Repayments and
            prepayments.....................         -11          -5          -6
    1264  Write-offs for default: Other
            adjustments, net................
                                               ---------   ---------  ----------

    1290    Outstanding, end of year........          28          23          17
    ---------------------------------------------------------------------------

                 Status of Guaranteed Loans (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4030-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Cumulative balance of guaranteed loans
                    outstanding:
    2210  Outstanding, start of year........         356         287         218
    2251  Repayments and prepayments........         -50         -55         -54
    2264  Adjustments: Other adjustments,
            net.............................         -19         -14          -7
                                               ---------   ---------  ----------

    2290    Outstanding, end of year........         287         218         157
    ----------------------------------------------------------------------------

        Memorandum:
    2299  Guaranteed amount of guaranteed
            loans outstanding, end of year..         287         218         157
    ---------------------------------------------------------------------------

        As required by the Federal Credit Reform Act of 1990, this account
    records, for this program, all cash flows to and from the Government
    resulting from direct loans obligated and loan guarantees committed
    prior to 1992. This account is shown on a cash basis. All new activity
    in this program in 1992 and beyond (including modifications of direct
    loans or loan guarantees that resulted from obligations or commitments
    in any year) is recorded in corresponding program, financing, and
    noncredit accounts.

                            Statement of Operations (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   71-4030-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
    0101  Revenue...........................          17             52            53             53
    0102  Expense...........................          -1            -18            -2
                                            ------------ --------------  ------------  -------------
    0109  Net income or loss (-)............          16             34            51             53
    -----------------------------------------------------------------------------------------------

                                 Balance Sheet (in millions of dollars)

    -----------------------------------------------------------------------------------------------
    Identification code   71-4030-0-3-151    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....          39             92           146            145
            Investments in US securities:
    1102      Treasury securities, par......          35             35            35             35
    1106      Receivables, net..............           1              1             1              1
    1206  Non-Federal assets: Receivables,
            net.............................           4              4             3              3
          Net value of assets related to
              pre-1992 direct loans
              receivable and acquired
              defaulted guaranteed loans
              receivable:

    1601    Direct loans, gross.............          39             28            23             17
    1603    Allowance for estimated
              uncollectible loans and
              interest (-)..................          -7             -7            -7             -7
    1604    Direct loans and interest
              receivable, net...............          32             21            16             10
                                            ------------ --------------  ------------  -------------
    1699      Value of assets related to
                direct loans................          32             21            16             10
    1706    Foreclosed property.............          47             47            20             15
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................         158            200           221            209
        LIABILITIES:
    2207  Non-Federal liabilities: Other....          26             20            20             20
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............          26             20            20             20
        NET POSITION:
    3200  Invested capital..................          50             50            50             50
    3300  Cumulative results of operations..          82            130           151            139
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............         132            180           201            189
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position         158            200           221            209
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 71-4030-0-3-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    43.0  Interest and dividends............           1          19          19
    99.0  Subtotal, reimbursable obligations           1          19          19
    ---------------------------------------------------------------------------

                          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, $40,000,000[: 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, 1997, 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] to remain available for obligation until September 30, 1998, of
    which not to exceed $5,000 shall be available for official reception and
    representation expenses. (Foreign Operations, Export Financing, and
    Related Programs Appropriation Act, 1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1001-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations.................          63          48          51
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Treasury balance.          14           8          12
    22.00 New budget authority (gross)......          57          50          45
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          71          58          57
    23.95 New obligations...................         -63         -48         -51
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           8          12           6
    ----------------------------------------------------------------------------

    [[Page 108]]

        New budget authority (gross), detail:
    40.00 Appropriation.....................          40          40          40
    42.00 Transferred from Assistance for
            NIS.............................          17          10           5
                                               ---------   ---------  ----------

    43.00   Appropriation (total)...........          57          50          45
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          57          50          45
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          62          76          69
    73.10 New obligations...................          63          48          51
    73.20 Total outlays (gross).............         -48         -55         -52
    73.40 Adjustments in expired accounts...          -2
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          76          69          68
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          10          13          12
    86.93 Outlays from current balances.....          38          42          40
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          48          55          52
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          57          50          45
    90.00 Outlays...........................          48          55          52
    ---------------------------------------------------------------------------

        These funds are for the costs of the U.S. Trade and Development
    Agency (TDA), including program costs of grants for feasibility studies
    and other project-related activities, and those of managing the TDA
    programs, such as salaries and expenses of direct hire personnel and
    obtaining the services of consultants. TDA finances these activities for
    major projects in the developing world to foster economic development
    and to encourage the use of U.S. technology, goods, and services in
    project implementation.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1001-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.1  Personnel compensation: Full-time
            permanent.......................           2           2           2
    12.1  Civilian personnel benefits.......           1           1           1
    25.1  Advisory and assistance services..           1           1           1
    41.0  Grants, subsidies, and
            contributions...................          58          43          46
    99.5  Below reporting threshold.........           1           1           1
                                               ---------   ---------  ----------

    99.9    Total obligations...............          63          48          51
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 11-1001-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    1001  Total compensable workyears: Full-
            time equivalent employment......          33          38          38
    ---------------------------------------------------------------------------

                                   Peace Corps

                                  Federal Funds

    General and special funds:

                                   peace corps

        For expenses necessary to carry out the provisions of the Peace
    Corps Act (75 Stat. 612), [$205,000,000] $220,000,000, including the
    purchase of not to exceed five passenger motor vehicles for
    administrative purposes for use outside of the United States: Provided,
    That none of the funds appropriated under this heading shall be used to
    pay for abortions: Provided further, That funds appropriated under this
    heading shall remain available until September 30, [1997] 1998. (Foreign
    Operations, Export Financing, and Related Programs Appropriation Act,
    1996.)

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
          Direct program:

    00.01   Africa Region...................          55          53          52
    00.02   Asia Pacific Region.............          19          18          18
    00.03   Europe, Central Asia, and
              Mediterranean.................          29          27          28
    00.04   Inter-American Region...........          29          31          30
    00.05   Other Volunteer Support.........         100          95          97
                                               ---------   ---------  ----------

    00.91     Total direct program..........         232         224         225
    01.01 Reimbursable program..............           8           8           7
                                               ---------   ---------  ----------

    10.00   Total obligations...............         240         232         232
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           7           6
    22.00 New budget authority (gross)......         239         226         232
    22.10 Resources available from
            recoveries of prior year
            obligations.....................           2
    22.30 Unobligated balance expiring......          -1
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         247         232         232
    23.95 New obligations...................        -240        -232        -232
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           6
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................         219         205         220
    42.00   Transferred from other accounts.          12          13           5
                                               ---------   ---------  ----------

    43.00     Appropriation (total).........         231         218         225
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).           8           8           7
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................         239         226         232
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          63          61          59
    73.10 New obligations...................         240         232         232
    73.20 Total outlays (gross).............        -241        -234        -232
    73.40 Adjustments in expired accounts...           1
    73.45 Adjustments in unexpired accounts.          -2
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          61          59          59
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority         180         174         180
    86.93 Outlays from current balances.....          54          51          45
    86.97 Outlays from new permanent
            authority.......................           8           8           7
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         241         234         232
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.00   Offsetting collections (cash)
              from: Federal sources.........          -8          -8          -7
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................         231         218         225
    90.00 Outlays...........................         234         226         225
    ---------------------------------------------------------------------------

        Peace Corps operating expenses will provide direct and indirect
    support for approximately 7,000 Americans engaged in voluntary services
    in 93 countries worldwide in 1996. The Volunteers help fill the trained
    manpower needs of developing countries and encourage self-sustaining
    development of skilled manpower. Peace Corps promotes mutual
    understanding between the peoples of the developing world and the United
    States and focuses the attention of the American people on the concepts
    of voluntarism and self-help at the grassroots level.

        Africa Region.--The Africa Region will support 1,290 new trainees
    and an average of 2,351 Volunteers during 1996. These Volunteers and
    trainees will work in 32 sub-Saharan countries, in the areas of
    agriculture, education, economic development, health, and environment.

    [[Page 109]]

        Asia Pacific Region.--In 1996 an average of 794 Volunteers will work
    in this diverse region, with Peace Corps programs in 17 countries
    ranging from Nepal to nations in the Pacific. This office will support
    436 new trainees in programs mainly in the areas of education, health
    and environment.

        Europe, Central Asia, and Mediterranean.--In 1996 an average of
    1,351 Volunteers will work in 20 countries in Eastern and Central
    Europe, the former Soviet Unions, and North Africa. The region will
    support 789 new trainees, who will work primarily in education, economic
    development, and environment.

        Inter-American Region.--An average of 1,795 Volunteers will work in
    24 countries in the Caribbean, Central America, and South America, in
    the areas of environment, agriculture, economic development, education,
    and health. This office will also fund 922 new trainees in 1996.

        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.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

          Direct obligations:

            Personnel compensation:
    11.1      Full-time permanent...........          46          45          44
    11.3      Other than full-time permanent           1           1           1
    11.5      Other personnel compensation..           1           1           1
    11.8      Trainees and volunteers.......          20          21          20
                                               ---------   ---------  ----------

    11.9        Total personnel compensation          68          68          66
    12.1    Civilian personnel benefits.....          41          43          43
    13.0    Benefits for former personnel...           1           1           1
    21.0    Travel and transportation of
              persons.......................          27          26          27
    22.0    Transportation of things........           3           3           4
    23.1    Rental payments to GSA..........           6           6           6
    23.2    Rental payments to others.......           7           7           8
    23.3    Communications, utilities, and
              miscellaneous charges.........           7           7           7
    24.0    Printing and reproduction.......           1           1           1
    25.2    Other services..................          40          37          37
    25.6    Medical care....................          13          12          12
    26.0    Supplies and materials..........          10           8           7
    31.0    Equipment.......................           7           5           5
                                               ---------   ---------  ----------

    99.0      Subtotal, direct obligations..         231         224         224
    99.0  Reimbursable obligations..........           7           7           6
    99.5  Below reporting threshold.........           2           1           2
                                               ---------   ---------  ----------

    99.9    Total obligations...............         240         232         232
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 11-0100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Direct:
          Total compensable workyears:

    1001    Full-time equivalent employment.       1,160       1,202       1,207
    1005    Full-time equivalent of overtime
              and holiday hours.............           4           4           4
        Reimbursable:
    2001  Total compensable workyears: Full-
            time equivalent employment......           5           5           5
    ---------------------------------------------------------------------------

                      Peace Corps Miscellaneous Trust Funds

                  Unavailable Collections (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-9972-0-7-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Balance, start of year:
    01.99 Balance, start of year............
        Receipts:
    02.01 Miscellaneous trust funds, Peace
            Corps...........................           1           1           1
        Appropriation:
    05.01 Peace Corps miscellaneous trust
            fund............................          -1          -1          -1
    07.99 Total balance, end of year........
    ---------------------------------------------------------------------------

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-9972-0-7-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            26.0)...........................           1           1           1
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           2           2           2
    22.00 New budget authority (gross)......           1           1           1
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           3           3           3
    23.95 New obligations...................          -1          -1          -1
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           2           2           1
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    60.27 Appropriation (trust fund,
            indefinite).....................           1           1           1
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................           1           1           1
    73.20 Total outlays (gross).............          -1          -1          -1
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.98 Outlays from permanent balances...           1           1           1
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........           1           1           1
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................           1           1           1
    90.00 Outlays...........................           1           1           1
    ---------------------------------------------------------------------------

        Miscellaneous contributions received by gift, devise, bequest, or
    from foreign governments are used in furtherance of the program, as
    authorized by 22 U.S.C. 2509(a)(3) (75 Stat. 612, as amended). Trust
    funds also include a fund to pay separation costs for Foreign Service
    National employees of the Peace Corps in those countries in which such
    pay is legally authorized. The fund, as authorized by Public Law 102-
    138, is maintained by annual Government contributions which are
    appropriated in the Peace Corps salaries and expenses account.

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 11-9972-0-7-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    1001  Total compensable workyears: Full-
            time equivalent employment......           3           3           3
    ---------------------------------------------------------------------------

                            Inter-American Foundation

                                  Federal Funds

    General and special funds:

                            inter-american foundation

                        For expenses necessary to carry out the functions of
                the Inter-American Foundation in accordance with the
                provisions of section 401 of the Foreign Assistance Act of
                1969, and to make such contracts and commitments without
                regard to fiscal year limitations, as provided by 31 U.S.C.
                9104, $20,000,000.

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-3100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Development Grants................          23          19          17
    00.02 Development Research and
            Evaluation......................           1           1           1
    00.03 In-country Support................           4           4           3
    00.04 Program Management and Operation..           8           7           7
                                               ---------   ---------  ----------

    10.00   Total obligations...............          36          31          28
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....          11           8           7
    22.00 New budget authority (gross)......          33          30          28
                                               ---------   ---------  ----------

    [[Page 110]]

    23.90   Total budgetary resources
              available for obligation......          44          38          35
    23.95 New obligations...................         -36         -31         -28
    24.90 Unobligated balance available, end
            of year: Fund balance...........           8           7           7
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
          Current:

    40.00   Appropriation...................          31          20          20
          Permanent:

    68.00   Spending authority from
              offsetting collections:
              Offsetting collections (cash).           2          10           8
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................          33          30          28
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          27          28          18
    73.10 New obligations...................          36          31          28
    73.20 Total outlays (gross).............         -36         -41         -38
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          28          18           8
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority          19          10          10
    86.93 Outlays from current balances.....          14          21          14
    86.97 Outlays from new permanent
            authority.......................           2           3           3
    86.98 Outlays from permanent balances...                       7          11
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          36          41          38
    ----------------------------------------------------------------------------

        Offsets:
          Against gross budget authority and outlays:

    88.00   Offsetting collections (cash)
              from: Federal sources.........          -2         -10          -8
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          31          20          20
    90.00 Outlays...........................          33          31          30
    ---------------------------------------------------------------------------

        Established by the 1969 Foreign Assistance Act, the Inter-American
    Foundation supports grassroots development initiatives in Latin America
    and the Caribbean with a direct impact on the lives and the capacity for
    self reliance of people at the lowest economic levels. In addition to
    appropriations and private gifts, the Foundation is funded by annual
    transfers from the Social Progress Trust Fund administered by the Inter-
    American Development Bank. In FY 1997, the IAF will adopt a new
    strategic programming approach to help grassroots organizations gain
    greater access to local public and private sector resources. Through its
    resource mobilization initiative, IAF will shift away from grants for
    individual projects to promote support for regional and country level
    grassroots development networks and consortia. These new regional
    structures build on local capacity and attract national and
    international co-financing partners, increasing the self-sufficiency and
    scale of grassroots development and lessen dependance on U.S.
    development aid. Using the Grassroots Development Framework, the
    Foundation will evaluate its results data collection system and make
    improvements as indicated, it will also disseminate the results
    assessment system to partner organizations in the region and other
    donors and grassroots practioners in general.

        Development Grants.--This activity includes the cost of all grants
    made directly to grassroots membership and service organizations to
    carry out development projects in Latin America and the Caribbean. In
    1997, the Foundation plans to award approximately 160 grants and 190
    grant supplements in 28 countries.

        Development Research and Evaluation.--This activity funds grants and
    fellowships for grassroots development research and for the evaluation
    of the Foundation's projects.

        In-country Support.--Resources associated with this activity are
    used by local development professionals in Latin America and the
    Caribbean to provide grantees with technical assistance and training
    when necessary to conduct and assess the results of their projects.

        Program Management and Operation.--This activity includes Foundation
    expenses for salaries and benefits, travel expenses, rent, publication
    costs and service contracts, and other support costs.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-3100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.1  Personnel compensation: Full-time
            permanent.......................           4           4           4
    12.1  Civilian personnel benefits.......           1           1           1
    21.0  Travel and transportation of
            persons.........................           1           1
    23.2  Rental payments to others.........           1           1           1
    25.1  Advisory and assistance services..           5           4           4
    41.0  Grants, subsidies, and
            contributions...................          24          19          18
    99.5  Below reporting threshold.........                       1
                                               ---------   ---------  ----------

    99.9    Total obligations...............          36          31          28
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 11-3100-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Total compensable workyears:
    1001  Full-time equivalent employment...          67          68          68
    1005  Full-time equivalent of overtime
            and holiday hours...............           1           1
    ---------------------------------------------------------------------------

                         African Development Foundation

                                  Federal Funds

    General and special funds:

                         african development foundation

                        For necessary expenses to carry out the provisions
                of Title V of the International Security and Development
                Cooperation Act of 1980, Public Law 96-533, and to make such
                contracts and commitments without regard to fiscal year
                limitations, as provided by 31 U.S.C. 9104, $12,500,000:
                Provided, That when, with the permission of the President of
                the Foundation, funds made available to a grantee are
                invested pending disbursement, the resulting interest is not
                required to be deposited in the United States Treasury if
                the grantee uses the resulting interest for the purpose for
                which the grant was made: Provided further, That this
                provision applies with respect to both interest earned
                before and interest earned after the 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      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Development Grants................           9           5           7
    00.02 Development Research and
            Dissemination...................           1           1           1
    00.03 In-country Support................           2           2           2
    00.04 Program Management and Operation..           5           4           3
                                               ---------   ---------  ----------

    10.00   Total obligations...............          17          12          13
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          17          12          13
    23.95 New obligations...................         -17         -12         -13
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          17          12          13
    ----------------------------------------------------------------------------

    [[Page 111]]

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          16          17          14
    73.10 New obligations...................          17          12          13
    73.20 Total outlays (gross).............         -16         -15         -14
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation          17          14          14
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.90 Outlays from new current authority           7           5           6
    86.93 Outlays from current balances.....           9          10           8
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          16          15          14
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          17          12          13
    90.00 Outlays...........................          16          15          14
    ---------------------------------------------------------------------------

        The African Development Foundation is a public corporation whose
    mission is to help reduce poverty and promote sustainable development in
    Africa by assisting grassroots organizations and communities. The
    Foundation uses an innovative participatory methodology which expands
    the capabilities of its grantees to assure positive development outcomes
    for their constituents and surrounding grassroots communities in Africa.
    Through small grants made directly to private organizations in Africa,
    the Foundation promotes sustainable, self-reliant development and
    demonstrates the efficiency of its participatory approach in a variety
    of settings, from rural villages to the academic community.
    Organizations receiving support from the Foundation are carefully
    selected to assure that they are responsible for the design,
    implementation, and management of their projects. The processes they use
    for decisionmaking and problem solving are documented and disseminated
    to parties interested in development.

        Over the past year, the Foundation has taken significant steps to
    reduce its operating costs and to streamline its operations, while
    improving its focus and impact. In 1997, the Foundation plans to fund
    projects in 16-18 African countries.

        Development Grants.--Funds associated with this activity are used to
    award grants to African grassroots organizations to fund self-directed
    development projects.

        Development Research and Dissemination.--This activity represents
    grants awarded to African researchers to carry out practical research on
    local development problems and to disseminate the lessons learned from
    this research and from the Foundation's other development activities.

        In-Country Support.--Funds included in this activity are used to
    fund technical assistance and other support by African professionals to
    Foundation-funded grant projects.

        Program Management and Operation.--This activity includes expenses
    for staff salaries and benefits, rent, travel, communications and other
    support costs.

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0700-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    11.1  Personnel compensation: Full-time
            permanent.......................           2           2           2
    12.1  Civilian personnel benefits.......           1           1
    41.0  Grants, subsidies, and
            contributions...................          12           7           9
    99.5  Below reporting threshold.........           2           2           2
                                               ---------   ---------  ----------

    99.9    Total obligations...............          17          12          13
    ---------------------------------------------------------------------------

                                  Personnel Summary

    ----------------------------------------------------------------------------
    Identification code 11-0700-0-1-151      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    1001  Total compensable workyears: Full-
            time equivalent employment......          49          30          30
    ---------------------------------------------------------------------------

                         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      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.02 Valuation adjustment on IMF
            reserve position................       2,721
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              33.0).........................       2,721
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................      11,232      15,827      15,827
    22.00 New budget authority (gross)......       2,721
    22.10 Resources available from
            recoveries of prior year
            obligations.....................       4,596
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......      18,549      15,827      15,827
    23.95 New obligations...................      -2,721
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....      15,827      15,827      15,827
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    60.05 Appropriation (indefinite)........       2,721
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation      26,760      25,170      25,170
    73.10 New obligations...................       2,721
    73.20 Total outlays (gross).............         284
    73.45 Adjustments in unexpired accounts.      -4,596
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation      25,170      25,170      25,170
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................        -284
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........        -284
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................       2,721
    90.00 Outlays...........................        -284
    ---------------------------------------------------------------------------

        As part of a general increase in IMF quota resources, the U.S. quota
    was increased in December, 1992 to SDR 26,526.3 billion (about $39
    billion). The increase in the U.S. quota involved no net budget outlays.
    Similarly, use by the IMF of the quota commitment does not result in net
    budget outlays, because the United States receives an increase in its
    international monetary reserves corresponding to any transfer of dollars
    under the U.S. quota subscription. The United States can use these
    interest-bearing reserves automatically to meet a balance of payments
    financing need.

                      Loans to International Monetary Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0074-0-1-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................       6,260       6,260       6,260
    22.00 New budget authority (gross)......
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......       6,260       6,260       6,260
    23.95 New obligations...................
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....       6,260       6,260       6,260
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    70.00 Total new budget authority (gross)
    ----------------------------------------------------------------------------

    [[Page 112]]

        Change in unpaid obligations:
    73.10 New obligations...................
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total outlays (gross).............
    ----------------------------------------------------------------------------

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

        The General Arrangements to Borrow (GAB) were established in 1962 by
    10 industrial countries, including the United States, as a means of
    supplementing the IMF's resources when needed to forestall or cope with
    an impairment of the international monetary system. GAB members agreed
    in early 1983 to increase their financial commitments to the GAB from
    approximately SDR 6.3 billion to SDR 17 billion, with the U.S. share
    rising from $2.0 billion to SDR 4.250 billion, approximately $6.4
    billion at the October 1995 exchange rate. Financing extended by the
    United States under the GAB does not result in any net budget outlays
    because the United States receives an increase in its international
    reserve assets corresponding to any transfer to the IMF under the U.S.
    credit line.

        During 1994, no calls were made on the U.S. commitment under the
    GAB, and no U.S. loans were outstanding at the end of the year.

         Contribution To 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.

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-0005-0-1-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    00.01 Contribution for subsidy..........          25                       7
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              41.0).........................          25                       7
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......          25                       7
    23.95 New obligations...................         -25                      -7
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    40.00 Appropriation.....................          25                       7
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation         110         116          97
    73.10 New obligations...................          25                       7
    73.20 Total outlays (gross).............         -19         -19         -26
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation         116          97          78
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....          19          19          26
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          19          19          26
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................          25                       7
    90.00 Outlays...........................          19          19          26
    ---------------------------------------------------------------------------

        The Enhanced Structural Adjustment Facility (ESAF) was created in
    1987 to enable the International Monetary Fund to provide balance of
    payments assistance on concessional terms to low-income developing
    countries with protracted payments problems. Borrowers must be prepared
    to adopt multi-year economic and structural reform programs.

        The resources of the ESAF are provided through loans to the ESAF
    Trust and special interest subsidy contributions by member countries.
    Nearly $7.5 billion in concessional loans have been committed under the
    original facility. In 1994 the IMF membership agreed to a successor
    ESAF, bringing the total loan amount available to roughly $15 billion.
    Loans are disbursed over a three-year period with repayments ending 10
    years from the date of disbursement. The interest subsidy contributions
    underwrite a 0.5 percent concessional rate of interest.

        The Congress approved $150 million for the U.S. contribution to the
    initial ESAF interest subsidy account. The Administration offered to
    contribute an additional $100 million to the interest subsidy account of
    the enhanced ESAF, with outlays to occur over a 15-year period beginning
    in Fiscal Year 1997. Congress authorized and appropriated $25 million in
    Fiscal Year 1995. The Administration sought but did not receive $25
    million in 1996. The Administration is seeking a reduced amount of $7
    million, based on the minimum amount necessary to meet the outlay
    commitments, for Fiscal Year 1997. It is also seeking authorization of
    the remaining $75 million of the commitment.

                             MILITARY SALES PROGRAMS

                                  Federal Funds

    Public enterprise funds:

                        Special Defense Acquisition Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4116-0-3-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (Purchases of
            defense items)..................          26           6           7
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.90 Unobligated balance available,
            start of year: Fund balance.....         399         343         198
    22.00 New budget authority (gross)......
    22.10 Resources available from
            recoveries of prior year
            obligations.....................           7           2           2
    22.40 Capital transfer to general fund..         -37        -142
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......         369         203         200
    23.95 New obligations...................         -26          -6          -7
    24.90 Unobligated balance available, end
            of year: Fund balance...........         343         198         193
    ----------------------------------------------------------------------------

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

    68.00   Offsetting collections (cash)...         245         178         166
    68.27   Capital transfer to general fund        -245        -178        -166
                                               ---------   ---------  ----------

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

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

        Change in unpaid obligations:
    72.90 Unpaid obligations, start of year:
            Obligated balance: Fund balance.         251         111          65
    73.10 New obligations...................          26           6           7
    73.20 Total outlays (gross).............        -160         -49         -38
    73.45 Adjustments in unexpired accounts.          -7          -2          -2
    74.90 Unpaid obligations, end of year:
            Obligated balance: Fund balance:
            Uninvested balance..............         111          65          32
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....         160          49          38
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........         160          49          38
    ----------------------------------------------------------------------------

    [[Page 113]]

        Offsets:
          Against gross budget authority and outlays:

    88.40   Offsetting collections (cash)
              from: Non-Federal sources.....        -245        -178        -166
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................        -245        -178        -166
    90.00 Outlays...........................         -86        -129        -128
    ---------------------------------------------------------------------------

        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)

    -----------------------------------------------------------------------------------------------
    Identification code   11-4116-0-3-155    1994 actual    1995 actual     1996 est.      1997 est.
    -----------------------------------------------------------------------------------------------
        ASSETS:
          Federal assets:

    1101    Fund balances with Treasury.....         650            454           253            225
            Investments in US securities:
    1106      Receivables, net..............          26             25            25             25
    1802  Other Federal assets: Inventories
            and related properties..........         286            204            85             52
                                            ------------ --------------  ------------  -------------
    1999    Total assets....................         962            683           363            302
        LIABILITIES:
    2101  Federal liabilities: Accounts
            payable.........................           8
          Non-Federal liabilities:

    2201    Accounts payable................           8
    2207    Other...........................         142            161           161            266
                                            ------------ --------------  ------------  -------------
    2999    Total liabilities...............         158            161           161            266
        NET POSITION:
    3200  Invested capital..................         804            522           202             36
                                            ------------ --------------  ------------  -------------
    3999    Total net position..............         804            522           202             36
                                            ------------ --------------  ------------  -------------
    4999  Total liabilities and net position         962            683           363            302
    -----------------------------------------------------------------------------------------------

                   Object Classification (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-4116-0-3-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
    25.2  Other services....................                       6           7
    31.0  Equipment.........................          26
                                               ---------   ---------  ----------

    99.9    Total obligations...............          26           6           7
    ---------------------------------------------------------------------------

                                   Trust Funds

                        Foreign Military Sales Trust Fund

                  Unavailable Collections (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-8242-0-7-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------
        Balance, start of year:
    01.99 Encumbered future receipts, start
            of year.........................     -16,389     -18,788     -17,818
        Receipts:
    02.01 Deposits, advances, foreign
            military sales..................      12,469      13,020      12,230
                                               ---------   ---------  ----------

    04.00 Total: Balances and collections...      -3,920      -5,768      -5,588
        Appropriation:
    05.01 Foreign military sales trust fund.     -14,868     -12,050     -12,320
    07.99 Total balance, end of year........     -18,788     -17,818     -16,478
    ---------------------------------------------------------------------------

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-8242-0-7-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
          Reimbursable activity:

    00.01   Military personnel..............          78          75          68
    00.02   Operations and maintenance......         239         230         208
    00.03   Procurement.....................      12,653      10,138       9,123
    00.04   Research, development, test, and
              evaluation....................          22          18          16
    00.05   Special defense acquisition fund         245         178         166
    00.06   Revolving and mgt funds.........       1,167         946         855
    00.07 Construction......................         113         110          99
    00.08 Other.............................         351         355         355
                                               ---------   ---------  ----------

    10.00   Total obligations (object class
              25.3).........................      14,868      12,050      10,890
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    22.00 New budget authority (gross)......      14,868      12,050      10,890
    23.95 New obligations...................     -14,868     -12,050     -10,890
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    60.27 Appropriation (trust fund,
            indefinite).....................      12,469      13,020      12,230
    60.49 Portion applied to liquidate
            contract authority..............     -12,469     -13,020     -12,230
                                               ---------   ---------  ----------

    63.00   Appropriation (total)...........
    66.15 Contract authority (indefinite)...      14,868      12,050      10,890
                                               ---------   ---------  ----------

    70.00   Total new budget authority
              (gross).......................      14,868      12,050      10,890
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
          Unpaid obligations, start of year:

            Obligated balance:
    72.40     Appropriation.................       6,410       5,462       5,332
    72.49     Contract authority............      16,389      18,788      17,818
                                               ---------   ---------  ----------

    72.99     Total unpaid obligations,
                start of year...............      22,799      24,250      23,150
    73.10 New obligations...................      14,868      12,050      10,890
    73.20 Total outlays (gross).............     -13,417     -13,150     -12,320
          Unpaid obligations, end of year:

            Obligated balance:
    74.40     Appropriation.................       5,462       5,332       5,242
    74.49     Contract authority............      18,788      17,818      16,478
                                               ---------   ---------  ----------

    74.99     Total unpaid obligations, end
                of year.....................      24,250      23,150      21,720
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.97 Outlays from new permanent
            authority.......................       1,543       1,512       1,417
    86.98 Outlays from permanent balances...      11,874      11,638      10,903
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........      13,417      13,150      12,320
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................      14,868      12,050      10,890
    90.00 Outlays...........................      13,417      13,150      12,320
    ---------------------------------------------------------------------------

                Status of Contract Authority (in millions of dollars)

    ----------------------------------------------------------------------------
    Unfunded balance, start of year.........     16,389       18,788      17,818
    Contract authority......................     14,468       12,050      10,890
    Appropriation to liquidate contract
      authority.............................    -12,469      -13,020     -12,230
                                            -----------  -----------  ----------
    Unfunded balance, end of year...........     18,788       17,818      16,478
    ----------------------------------------------------------------------------

        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):

                                         1995 actual  1996 est.   1997 est.
    Estimates of new orders (sales).....       9,054       9,781       9,523

        Orders placed through this trust fund can be combined with
    procurement for U.S. military departments. The savings are shared by the
    United States and foreign governments. The net impact of foreign
    military sales on the budget is (in thousands of dollars):

                                         1995 actual  1996 est.   1997 est.
    Obligations of the fund.............      14,868      12,050      10,890
    Receipts from foreign governments
    (appropriation).....................     -12,469     -13,020     -12,230
                                        ------------------------------------
        Net budget authority............       2,399        -970      -1,340
                                        ====================================
    Payments from the fund (outlays)....      13,417      13,150      12,320
    Receipts from foreign governments
    (appropriation).....................     -12,469     -13,020     -12,230
                                        ------------------------------------
        Net outlays.....................         947         130          90
                                        ====================================

    [[Page 114]]

                     Kuwait Civil Reconstruction Trust Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-8238-0-7-155      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            25.2)...........................                       2
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................           3           3
    22.00 New budget authority (gross)......
    22.30 Unobligated balance expiring......                      -1
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......           3           2
    23.95 New obligations...................                      -2
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           3
    ----------------------------------------------------------------------------

        New budget authority (gross), detail:
    70.00 Total new budget authority (gross)
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    73.10 New obligations...................                       2
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.98 Outlays from permanent balances...                       2
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........
    ----------------------------------------------------------------------------

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

        This trust fund was established to show the U.S. costs in helping
    the Government of Kuwait survey and assess the cost of repairing its
    civil infrastructure. The Government of Kuwait reimburses the United
    States with its own funds for all incurred expenses. Any unused funds
    will be returned to the Government of Kuwait.

                     SPECIAL ASSISTANCE FOR CENTRAL AMERICA

                                  Federal Funds

    General and special funds:

                       Demobilization and Transition Fund

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 72-1500-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

        Obligations by program activity:
    10.00 Total obligations (object class
            41.0)...........................          14           3
    ----------------------------------------------------------------------------

        Budgetary resources available for obligation:
    21.40 Unobligated balance available,
            start of year: Uninvested
            balance.........................          17           3
    22.00 New budget authority (gross)......
                                               ---------   ---------  ----------

    23.90   Total budgetary resources
              available for obligation......          17           3
    23.95 New obligations...................         -14          -3
    24.40 Unobligated balance available, end
            of year: Uninvested balance.....           3
    ----------------------------------------------------------------------------

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation          18           6           6
    73.10 New obligations...................          14           3
    73.20 Total outlays (gross).............         -26          -3          -3
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           6           6           3
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    86.93 Outlays from current balances.....          26           3           3
                                               ---------   ---------  ----------

    87.00   Total outlays (gross)...........          26           3           3
    ----------------------------------------------------------------------------

        Net budget authority and outlays:
    89.00 Budget authority..................
    90.00 Outlays...........................          26           3           3
    ---------------------------------------------------------------------------

        Funds for this account were transferred from Foreign Military
    Financing pursuant to P.L. 101-513, to support costs of demobilization,
    retraining, relocation, and reemployment in civilian pursuits of former
    combatants in the conflict in El Salvador.

                   Central American Reconciliation Assistance

                   Program and Financing (in millions of dollars)

    ----------------------------------------------------------------------------
    Identification code 11-1038-0-1-152      1995 actual   1996 est.   1997 est.
    ----------------------------------------------------------------------------

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

        Change in unpaid obligations:
    72.40 Unpaid obligations, start of year:
            Obligated balance: Appropriation           1           1           1
    73.10 New obligations...................
    74.40 Unpaid obligations, end of year:
            Obligated balance: Appropriation           1           1           1
    ----------------------------------------------------------------------------

        Outlays (gross), detail:
    87.00 Total outlays (gross).............
    ----------------------------------------------------------------------------

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

        Funds for this account were transferred from the Department of
    Defense in accordance with Public Law 101-14 in order to provide
    humanitarian assistance to the Nicaraguan democratic resistance.
    Adjustments to the account were made in Public Law 101-119 and Public
    Law 101-215.

                           TITLE V--GENERAL PROVISIONS

                  Obligations During Last Month of Availability

        Sec. 501. Except for the appropriations entitled ``International
    Disaster Assistance'', and ``United States Emergency Refugee and
    Migration Assistance Fund'', not more than 15 per centum of any
    appropriation item made available by this Act shall be obligated during
    the last month of availability.

          Prohibition of Bilateral Funding for International Financial
                                  Institutions

        Sec. 502. None of the funds contained in title II of this Act may be
    used to carry out the provisions of section 209(d) of the Foreign
    Assistance Act of 1961.

                        Limitation on Residence Expenses

        Sec. 503. Of the funds appropriated or made available pursuant to
    this Act, not to exceed $126,500 shall be for official residence
    expenses of the Agency for International Development during the current
    fiscal year: Provided, That appropriate steps shall be taken to assure
    that, to the maximum extent possible, United States-owned foreign
    currencies are utilized in lieu of dollars.

                             Limitation on Expenses

        Sec. 504. Of the funds appropriated or made available pursuant to
    this Act, not to exceed $5,000 shall be for entertainment expenses of
    the Agency for International Development during the current fiscal year.

                    Limitation on Representational Allowances

        Sec. 505. Of the funds appropriated or made available pursuant to
    this Act, not to exceed $95,000 shall be available for representation
    allowances for the Agency for International Development during the
    current fiscal year: Provided, That appropriate steps shall be taken to
    assure that, to the maximum extent possible, United States-owned foreign
    currencies are utilized in lieu of dollars: Provided further,

    [[Page 115]]
    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 on Financing Nuclear Goods

        Sec. 506. None of the funds appropriated or made available (other
    than funds for ``International Organizations and 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,
    [Serbia,] Sudan, or Syria, unless the President determines that to do so
    is in the national interest of the United States: Provided, That for
    purposes of this section, the prohibition on obligations or expenditures
    shall include direct loans, credits, insurance and guarantees of the
    Export-Import Bank or its agents.

                                 Military Coups

        Sec. 508. None of the funds appropriated or otherwise made available
    pursuant to this Act shall be obligated or expended to finance directly
    any assistance to any country whose duly elected Head of Government is
    deposed by military coup or decree, unless the President determines that
    to do so is in the national interest of the United States: Provided,
    That assistance may be resumed to such country if the President
    determines and reports to the Committees on Appropriations that
    subsequent to the termination of assistance a democratically elected
    government has taken office.

                           Transfers Between Accounts

        Sec. 509. None of the funds made available by this Act may be
    obligated under an appropriation account to which they were not
    appropriated, except for transfers specifically provided for in this
    Act, unless the President, prior to the exercise of any authority
    contained in the Foreign Assistance Act of 1961 to transfer funds,
    consults with and provides a written policy justification to the
    Committees on Appropriations of the House of Representatives and the
    Senate: Provided, That the exercise of such authority shall be subject
    to the regular notification procedures of the Committees on
    Appropriations, except for transfers specifically referred to in this
    Act.

                       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, [1996] 1997, whichever is
    later, and for the same general purpose, and for countries within the
    same region as originally obligated: Provided, That the Appropriations
    Committees of both Houses of the Congress are notified fifteen days in
    advance of the [deobligation and] reobligation of such funds in
    accordance with regular notification procedures of the Committees on
    Appropriations.
        (b) Obligated balances of funds appropriated to carry out section 23
    of the Arms Export Control Act as of the end of the fiscal year
    immediately preceding the current fiscal year are, if deobligated,
    hereby continued available during the current fiscal year for the same
    purpose under any authority applicable to such appropriations under this
    Act: Provided, That the authority of this subsection may not be used in
    fiscal year [1996] 1997.

                              Availability of Funds

        Sec. 511. No part of any appropriation contained in this Act shall
    remain available for obligation after the expiration of the current
    fiscal year unless expressly so provided in this Act: Provided, That
    funds appropriated for the purposes of chapters 1, 8 and 11 of part I,
    section 667, and chapter 4 of part II of the Foreign Assistance Act of
    1961, as amended, and funds provided under the heading ``Assistance for
    Eastern Europe and the Baltic States'', shall remain available until
    expended if such funds are initially obligated before the expiration of
    their respective periods of availability contained in this Act: Provided
    further, That, notwithstanding any other provision of this Act, any
    funds made available for the purposes of chapter 1 of part I and chapter
    4 of part II of the Foreign Assistance Act of 1961 which are allocated
    or obligated for cash disbursements in order to address balance of
    payments or economic policy reform objectives, shall remain available
    until expended: Provided further, That the report required by section
    653(a) of the Foreign Assistance Act of 1961 shall designate for each
    country, to the extent known at the time of submission of such report,
    those funds allocated for cash disbursement for balance of payment and
    economic policy reform purposes.

                Limitation on Assistance to Countries in Default

        Sec. 512. No part of any appropriation contained in this Act shall
    be used to furnish assistance to any country which is in default during
    a period in excess of one calendar year in payment to the United States
    of principal or interest on any loan made to such country by the United
    States pursuant to a program for which funds are appropriated under this
    Act, unless the President determines that furnishing assistance to such
    country is in the national interest of the United States: Provided, That
    this section and section 620(q) of the Foreign Assistance Act of 1961
    shall not apply to funds made available in this Act or during the
    current fiscal year for Nicaragua, and for any narcotics-related
    assistance for Colombia, Bolivia, and Peru authorized by the Foreign
    Assistance Act of 1961 or the Arms Export Control Act.

                              [Commerce and Trade]

        [Sec. 513. (a) None of the funds appropriated or made available
    pursuant to this Act for direct assistance and none of the funds
    otherwise made available pursuant to this Act to the Export-Import Bank
    and the Overseas Private Investment Corporation shall be obligated or
    expended to finance any loan, any assistance or any other financial
    commitments for establishing or expanding production of any commodity
    for export by any country other than the United States, if the commodity
    is likely to be in surplus on world markets at the time the resulting
    productive capacity is expected to become operative and if the
    assistance will cause substantial injury to United States producers of
    the same, similar, or competing commodity: Provided, That such
    prohibition shall not apply to the Export-Import Bank if in the judgment
    of its Board of Directors the benefits to industry and employment in the
    United States are likely to outweigh the injury to United States
    producers of the same, similar, or competing commodity, and the Chairman
    of the Board so notifies the Committees on Appropriations.]
        [(b) None of the funds appropriated by this or any other Act to
    carry out chapter 1 of part I of the Foreign Assistance Act of 1961
    shall be available for any testing or breeding feasibility study,
    variety improvement or introduction, consultancy, publication,
    conference, or training in connection with the growth or production in a
    foreign country of an agricultural commodity for export which would
    compete with a similar commodity grown or produced in the United States:
    Provided, That this subsection shall not prohibit--
            (1) activities designed to increase food security in developing
        countries where such activities will not have a significant impact
        in the export of agricultural commodities of the United States; or
            (2) research activities intended primarily to benefit American
        producers.]

                              [Surplus Commodities]

        [Sec. 514. The Secretary of the Treasury shall instruct the United
    States Executive Directors of the International Bank for Reconstruction
    and Development, the International Development Association, the
    International Finance Corporation, the Inter-American Development Bank,
    the International Monetary Fund, the Asian Development Bank, the Inter-
    American Investment Corporation, the North American Development Bank,
    the European Bank for Reconstruction and

    [[Page 116]]
    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. [515] 513. For the purposes of providing the Executive Branch
    with the necessary administrative flexibility, none of the funds made
    available under this Act for ``Development Assistance'', ``Development
    Fund for Africa'', ``International organizations and programs'', ``Trade
    and Development Agency'', ``International narcotics control'',
    ``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 and Disarmament Fund'', ``Anti-terrorism
    assistance'', ``Foreign Military Financing Program'', ``International
    military education and training'', ``Inter-American Foundation'',
    ``African Development Foundation'', ``Peace Corps'', ``Migration and
    refugee assistance'', shall be available for obligation for strategic
    objectives, activities, programs, projects, type of materiel assistance,
    countries, or other operations not justified or in excess of the amount
    justified to the Appropriations Committees for obligation under any of
    these specific headings unless the Appropriations Committees of both
    Houses of Congress are [previously] notified fifteen days in advance:
    Provided, That the President shall not enter into any commitment of
    funds appropriated for the purposes of section 23 of the Arms Export
    Control Act for the provision of major defense equipment, other than
    conventional ammunition, or other major defense items defined to be
    aircraft, ships, missiles, or combat vehicles, not previously justified
    to Congress or 20 per centum in excess of the quantities justified to
    Congress unless the Committees on Appropriations are notified fifteen
    days in advance of such commitment: Provided further, That this section
    shall not apply to any reprogramming for a strategic objective, an
    activity, program, or project under chapter 1 of part I of the Foreign
    Assistance Act of 1961 of less than 10 per centum of the amount
    previously justified to the Congress for obligation for such activity,
    program, or project for the current fiscal year: Provided further, That
    the requirements of this section or any similar provision of this or any
    other Act [or] including any prior Act requiring notification in
    accordance with the regular notification procedures of the Committees on
    Appropriations may be waived if failure to do so would pose a
    substantial risk to human health [or], welfare or the national interest
    of the United States: Provided further, That in case of any such waiver,
    notification to the Congress, or the appropriate congressional
    committees, shall be provided as early as practicable, but in no event
    later than three days after taking the action to which such notification
    requirement was applicable, in the context of the circumstances
    necessitating such waiver: Provided further, That any notification
    provided pursuant to such a waiver shall contain an explanation of the
    emergency circumstances.
        Drawdowns made pursuant to section 506(a)(2) of the Foreign
    Assistance Act of 1961 shall be subject to the regular notification
    procedures of the Committees on Appropriations.

    Limitation on Availability of Funds for International Organizations and
                                    Programs

        Sec. [516] 514. Notwithstanding any other provision of law or of
    this Act, none of the funds provided for ``International Organizations
    and Programs'' shall be available for the United States proportionate
    share, in accordance with section 307(c) of the Foreign Assistance Act
    of 1961, for any programs identified in section 307, or for Libya, Iran,
    or, at the discretion of the President, Communist countries listed in
    section 620(f) of the Foreign Assistance Act of 1961, as amended:
    Provided, That, subject to the regular notification procedures of the
    Committees on Appropriations, funds appropriated under this Act or any
    previously enacted Act making appropriations for foreign operations,
    export financing, and related programs, which are returned or not made
    available for organizations and programs because of the implementation
    of this section or any similar provision of law, shall remain available
    for obligation through September 30, 1997.

                  [Economic Support Fund Assistance for Israel]

        [Sec. 517. The Congress finds that progress on the peace process in
    the Middle East is vitally important to United States security interests
    in the region. The Congress recognizes that, in fulfilling its
    obligations under the Treaty of Peace Between the Arab Republic of Egypt
    and the State of Israel, done at Washington on March 26, 1979, Israel
    incurred severe economic burdens. Furthermore, the Congress recognizes
    that an economically and militarily secure Israel serves the security
    interests of the United States, for a secure Israel is an Israel which
    has the incentive and confidence to continue pursuing the peace process.
    Therefore, the Congress declares that, subject to the availability of
    appropriations, it is the policy and the intention of the United States
    that the funds provided in annual appropriations for the Economic
    Support Fund which are allocated to Israel shall not be less than the
    annual debt repayment (interest and principal) from Israel to the United
    States Government in recognition that such a principle serves United
    States interests in the region.]

       Prohibition on Funding for Abortions and Involuntary Sterilization

        Sec. [518] 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.

                     [Authorization of Population Planning]

        [Sec. 518A. Notwithstanding section 526 of this Act, none of the
    funds made available in this Act for population planning activities or
    other population assistance pursuant to section 104(b) of the Foreign
    Assistance Act or any other provision of law, or funds made available in
    title IV of this Act as a contribution to the United Nations Population
    Fund (UNFPA) may be obligated or expended prior to July 1, 1996, unless
    such funding is expressly authorized by law: Provided, That if such
    funds are not authorized by law prior to July 1, 1996, funds
    appropriated in title II of this Act for population planning activities
    or other population assistance may be made available for obligation and
    expenditure in an amount not to exceed 65 percent of the total amount
    appropriated or otherwise made available by Public Law 103-306 and
    Public Law 104-19 for such activities for fiscal year 1995, and funds
    appropriated in title IV of this Act as a contribution to the United
    Nations Population Fund (UNFPA) may be made available for obligation and
    expenditure in an amount not to exceed 65 percent of the total amount
    appropriated or otherwise made available by Public Law 103-306 and
    Public Law 104-19 for a contribution to UNFPA for fiscal year 1995:
    Provided further, That, pursuant to the previous proviso, such funds may
    be apportioned only on a monthly basis, beginning July 1, 1996 and
    ending September 30, 1997, and such monthly apportionments may not
    exceed 6.67 percent of the total available for such activities: Provided
    further, That notwithstanding any other provision of this Act, funds
    appropriated by this Act for the United Nations Population Fund (UNFPA)
    shall remain available for obligation until September 30, 1997.]

                             [Reporting Requirement]

        [Sec. 519. The President shall submit to the Committees on
    Appropriations the reports required by section 25(a)(1) of the Arms
    Export Control Act.]

                       [Special Notification Requirements]

        [Sec. 520. None of the funds appropriated in this Act shall be
    obligated or expended for Colombia, Dominican Republic, Guatemala,

    [[Page 117]]
    Haiti, Liberia, Nicaragua, Pakistan, Peru, Russia, Sudan, or Zaire
    except as provided through the regular notification procedures of the
    Committees on Appropriations: Provided, That this section shall not
    apply to funds appropriated by this Act to carry out the provisions of
    chapter 1 of part I of the Foreign Assistance Act of 1961 that are made
    available for Nicaragua.]

                  Definition of Program, Project, and Activity

        Sec. [521] 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 executive branch in
    accordance with a report, to be provided to the Committees on
    Appropriations within thirty days of enactment of this Act, as required
    by section 653(a) of the Foreign Assistance Act of 1961.

                       Child Survival and Aids Activities

        Sec. [522] 517. Up to $8,000,000 of the funds made available by this
    Act for assistance for family planning, health, child survival, and
    AIDS, may be used to reimburse United States Government agencies,
    agencies of State governments, institutions of higher learning, and
    private and voluntary organizations for the full cost of individuals
    (including for the personal services of such individuals) detailed or
    assigned to, or contracted by, as the case may be, the Agency for
    International Development for the purpose of carrying out family
    planning activities, child survival activities and activities relating
    to research on, and the treatment and control of, acquired immune
    deficiency syndrome in developing countries: Provided, That funds
    appropriated by this Act that are made available for child survival
    activities or activities relating to research on, and the treatment and
    control of, acquired immune deficiency syndrome may be made available
    notwithstanding any provision of law that restricts assistance to
    foreign countries: Provided further, That funds appropriated by this Act
    that are made available for family planning activities may be made
    available notwithstanding section 512 of this Act and section 620(q) of
    the Foreign Assistance Act of 1961.

            Prohibition Against Indirect Funding to Certain Countries

        Sec. [523] 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. [524] 519. Section 61(a) of the Arms Export Control Act is
    amended by striking out [``1995''] ``1996'' and inserting in lieu
    thereof [``1996''] ``1997''.

                    Notification on Excess Defense Equipment

        Sec. [525] 520. 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.].

                           [Authorization Requirement]

        [Sec. 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.]

        Opposition to Assistance to Terrorist Countries by International
                             Financial Institutions

        Sec. [527] 521. (a) Instructions for United States Executive
    Directors.--The Secretary of the Treasury [shall] should 521 instruct
    the United States Executive Director of each international financial
    institution designated in subsection (b), and the Administrator of the
    Agency for International Development [shall] should instruct the United
    States Executive Director of the International Fund for Agriculture
    Development, to use the voice and vote of the United States to oppose
    any loan or other use of the funds of the respective institution to or
    for a country for which the Secretary of State has made a determination
    under section 6(j) of the Export Administration Act of 1979.
        (b) Definition.--For purposes of this section, the term
    ``international financial institution'' includes--
            (1) the International Bank for Reconstruction and Development,
        the International Development Association, and the International
        Monetary Fund; and
            (2) wherever applicable, the Inter-American Development Bank,
        the Asian Development Bank, the African Development Bank, the
        African Development Fund, and the European Bank for Reconstruction
        and Development.

           Prohibition on Bilateral Assistance to Terrorist Countries

        Sec. [527A] 522. (a) [Notwithstanding any other provision of law,
    funds] Funds appropriated for bilateral assistance under any heading of
    this Act and funds appropriated under any such heading in a provision of
    law enacted prior to enactment of this Act, shall not be made available
    to any country which the President determines--
            (1) grants sanctuary from prosecution to any individual or group
        which has committed an act of international terrorism, or
            (2) otherwise supports international terrorism.
        (b) The President may waive the application of subsection (a) to a
    country if the President determines that national security or
    humanitarian reasons justify such waiver. The President shall publish
    each waiver in the Federal Register and, at least fifteen days before
    the waiver takes effect, shall notify the Committees on Appropriations
    of the waiver (including the justification for the waiver) in accordance
    with the regular notification procedures of the Committees on
    Appropriations.

                     Commercial Leasing of Defense Articles

        Sec. [528] 523. Notwithstanding any other provision of law, and
    subject to the regular notification requirements of the Committees on
    Appropriations, the authority of section 23(a) of the Arms Export
    Control Act may be used to provide financing to Israel, Egypt and NATO
    and major non-NATO allies for the procurement by leasing (including
    leasing with an option to purchase) of defense articles from United
    States commercial suppliers, not including Major Defense Equipment
    (other than helicopters and other types of aircraft having possible
    civilian application), if the President determines that there are
    compelling foreign policy or national security reasons for those defense
    articles being provided by commercial lease rather than by government-
    to-government sale under such Act.

                             [Competitive Insurance]

        [Sec. 528A. All Agency for International Development contracts and
    solicitations, and subcontracts entered into under such contracts, shall
    include a clause requiring that United States insurance companies have a
    fair opportunity to bid for insurance when such insurance is necessary
    or appropriate.]

                      [Stingers in the Persian Gulf Region]

        [Sec. 529. Except as provided in section 581 of the Foreign
    Operations, Export Financing, and Related Programs Appropriations Act,
    1990, the United States may not sell or otherwise make available any
    Stingers to any country bordering the Persian Gulf under the Arms Export
    Control Act or chapter 2 of part II of the Foreign Assistance Act of
    1961.]

                              Debt-for-Development

        Sec. [530] 524. 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
    may be used for the purpose for which the assistance was provided to
    that organization.

    [[Page 118]]

               [Competitive Pricing for Sales of Defense Articles]

        [Sec. 531A. (a) Costing Basis.--Section 22 of the Arms Export
    Control Act (22 U.S.C. 2762) is amended by adding at the end the
    following:
        ``(d) Competitive Pricing.--Procurement contracts made in
    implementation of sales under this section for defense articles and
    defense services wholly paid for from funds made available on a
    nonrepayable basis shall be priced on the same costing basis with regard
    to profit, overhead, independent research and development, bid and
    proposal, and other costing elements, as is applicable to procurements
    of like items purchased by the Department of Defense for its own
    use.''.]
        [(b) Effective Date and Implementing Regulations.--Section 22(d) of
    the Arms Export Control Act, as added by subsection (a)--
            (1) shall take effect on the 60th day following the date of the
        enactment of this Act;
            (2) shall be applicable only to contracts made in implementation
        of sales made after such effective date; and
            (3) shall be implemented by revised procurement regulations,
        which shall be issued prior to such effective date.]
        [(c) Direct Costs Allowable.--Direct costs associated with meeting a
    foreign customer's additional or unique requirements will continue to be
    allowable under such contracts. 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.]

                        [Stockpiles of Defense Articles]

        [Sec. 531B. (a) Limitation on Value of Additions.--Section 514(b)(1)
    of the Foreign Assistance Act of 1961 (22 U.S.C. 2321h(b)(1)) is amended
    by inserting ``or in the implementation of agreements with Israel''
    after ``North Atlantic Treaty Organization''.]
        [(b) Additions in Fiscal Years 1996 and 1997.--Section 514(b)(2) of
    such Act (22 U.S.C. 2321h(b)(2)) is amended to read as follows:
        ``(2)(A) The value of such additions to stockpiles of defense
    articles in foreign countries shall not exceed $50,000,000 for each of
    the fiscal years 1996 and 1997.
        ``(B) Of the amount specified in subparagraph (A) for each of the
    fiscal years 1996 and 1997, not more than $40,000,000 may be made
    available for stockpiles in the Republic of Korea and not more than
    $10,000,000 may be made available for stockpiles in Thailand.''.]
        [(c) Location of Stockpiles of Defense Authorities.--Section 514(c)
    of such Act (22 U.S.C. 2321h(c)) is amended to read as follows:
        ``(c) Location of Stockpiles of Defense Articles.--
            ``(1) Limitation.--Except as provided in paragraph (2), no
        stockpile of defense articles may be located outside the boundaries
        of a United States military base or a military base used primarily
        by the United States.
            ``(2) Exceptions.--Paragraph (1) shall not apply with respect to
        stockpiles of defense articles located in the Republic of Korea,
        Thailand, any country that is a member of the North Atlantic Treaty
        Organization, any country that is a major non-NATO ally, or any
        other country the President may designate. At least 15 days before
        designating a country pursuant to the last clause of the preceding
        sentence, the President shall notify the congressional committees
        specified in section 634A(a) in accordance with the procedures
        applicable to reprogramming notifications under that section.''.]

                               [Separate Accounts]

        [Sec. 532. (a) Separate Accounts for Local Currencies.--(1) If
    assistance is furnished to the government of a foreign country under
    chapters 1 and 10 of part I or chapter 4 of part II of the Foreign
    Assistance Act of 1961 under agreements which result in the generation
    of local currencies of that country, the Administrator of the Agency for
    International Development shall--
            (A) require that local currencies be deposited in a separate
        account established by that government;
            (B) enter into an agreement with that government which sets
        forth--
                (i) the amount of the local currencies to be generated, and
                (ii) the terms and conditions under which the currencies so
            deposited may be utilized, consistent with this section; and
            (C) establish by agreement with that government the
        responsibilities of the Agency for International Development and
        that government to monitor and account for deposits into and
        disbursements from the separate account.
        (2) Uses of Local Currencies.--As may be agreed upon with the
    foreign government, local currencies deposited in a separate account
    pursuant to subsection (a), or an equivalent amount of local currencies,
    shall be used only--
            (A) to carry out chapters 1 or 10 of part I or chapter 4 of part
        II (as the case may be), for such purposes as--
                (i) project and sector assistance activities, or
                (ii) debt and deficit financing; or
            (B) for the administrative requirements of the United States
        Government.
        (3) Programming Accountability.--The Agency for International
    Development shall take all appropriate 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 chapters 1 or 10 of part I or chapter 4 of
    part II (as the case may be), any unencumbered balances of funds which
    remain in a separate account established pursuant to subsection (a)
    shall be disposed of for such purposes as may be agreed to by the
    government of that country and the United States Government.
        (5) Conforming Amendments.--The provisions of this subsection shall
    supersede the tenth and eleventh provisos contained under the heading
    ``Sub-Saharan Africa, Development Assistance'' as included in the
    Foreign Operations, Export Financing, and Related Programs
    Appropriations Act, 1989 and sections 531(d) and 609 of the Foreign
    Assistance Act of 1961.]
        [(b) Separate Accounts for Cash Transfers.--(1) If assistance is
    made available to the government of a foreign country, under chapters 1
    or 10 of part I or chapter 4 of part II of the Foreign Assistance Act of
    1961, as cash transfer assistance or as nonproject sector assistance,
    that country shall be required to maintain such funds in a separate
    account and not commingle them with any other funds.
        (2) Applicability of Other Provisions of Law.--Such funds may be
    obligated and expended notwithstanding provisions of law which are
    inconsistent with the nature of this assistance including provisions
    which are referenced in the Joint Explanatory Statement of the Committee
    of Conference accompanying House Joint Resolution 648 (H. Report No. 98-
    1159).
        (3) Notification.--At least fifteen days prior to obligating any
    such cash transfer or nonproject sector assistance, the President shall
    submit a notification through the regular notification procedures of the
    Committees on Appropriations, which shall include a detailed description
    of how the funds proposed to be made available will be used, with a
    discussion of the United States interests that will be served by the
    assistance (including, as appropriate, a description of the economic
    policy reforms that will be promoted by such assistance).
        (4) Exemption.--Nonproject sector assistance funds may be exempt
    from the requirements of subsection (b)(1) only through the notification
    procedures of the Committees on Appropriations.]

      Compensation for United States Executive Directors to International
                             Financial Institutions

        Sec. [533] 525. (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. [534] 526. (a) Denial of Assistance.--None of the funds
    appropriated or otherwise made available pursuant to this Act to carry
    out the Foreign Assistance Act of 1961 (including title IV of

    [[Page 119]]
    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, Serbia or Montenegro
    unless the President determines and so certifies to the Congress that--
            (1) such assistance is in the national interest of the United
        States;
            (2) such assistance will directly benefit the needy people in
        that country; or
            (3) the assistance to be provided will be humanitarian
        assistance for foreign nationals who have fled Iraq and Kuwait.
        (b) Import Sanctions.--If the President considers that the taking of
    such action would promote the effectiveness of the economic sanctions of
    the United Nations and the United States imposed with respect to Iraq,
    Serbia, or Montenegro, as the case may be, and is consistent with the
    national interest, the President may prohibit, for such a period of time
    as he considers appropriate, the importation into the United States of
    any or all products of any foreign country that has not prohibited--
            (1) the importation of products of Iraq, Serbia, or Montenegro
        into its customs territory, and
            (2) the export of its products to Iraq, Serbia, or Montenegro,
        as the case may be.

                            POW/MIA Military Drawdown

        Sec. [535] 527. (a) Notwithstanding any other provision of law, the
    President may direct the drawdown, without reimbursement by the
    recipient, of defense articles from the stocks of the Department of
    Defense, defense services of the Department of Defense, and military
    education and training, of an aggregate value not to exceed $15,000,000
    in fiscal year [1996] 1997, as may be necessary to carry out subsection
    (b).
        (b) Such defense articles, services and training may be provided to
    Vietnam, Cambodia and Laos, under subsection (a) as the President
    determines are necessary to support efforts to locate and repatriate
    members of the United States Armed Forces and civilians employed
    directly or indirectly by the United States Government who remain
    unaccounted for from the Vietnam War, and to ensure the safety of United
    States Government personnel engaged in such cooperative efforts and to
    support United States Department of Defense-sponsored humanitarian
    projects associated with the POW/MIA efforts. Any aircraft shall be
    provided under this section only to Laos and only on a lease or loan
    basis, but may be provided at no cost notwithstanding section 61 of the
    Arms Export Control Act and may be maintained with defense articles,
    services and training provided under this section.
        (c) The President shall, within sixty days of the end of any fiscal
    year in which the authority of subsection (a) is exercised, submit a
    report to the Congress which identifies the articles, services, and
    training drawn down under this section.

                     [Mediterranean Excess Defense Articles]

        [Sec. 536. During fiscal year 1996, the provisions of section 573(e)
    of the Foreign Operations, Export Financing, and Related Programs
    Appropriations Act, 1990, shall be applicable, for the period specified
    therein, to excess defense articles made available under sections 516
    and 519 of the Foreign Assistance Act of 1961.]

                              [Cash Flow Financing]

        [Sec. 537. For each country that has been approved for cash flow
    financing (as defined in section 25(d) of the Arms Export Control Act,
    as added by section 112(b) of Public Law 99-83) under the Foreign
    Military Financing Program, any Letter of Offer and Acceptance or other
    purchase agreement, or any amendment thereto, for a procurement in
    excess of $100,000,000 that is to be financed in whole or in part with
    funds made available under this Act shall be submitted through the
    regular notification procedures to the Committees on Appropriations.]

     Authorities for the Peace Corps, the Inter-American Foundation and the
                         African Development Foundation

        Sec. [538] 528. Unless expressly provided to the contrary,
    provisions of this or any other Act, including provisions contained in
    prior Acts authorizing or making appropriations for foreign operations,
    export financing, and related programs, shall not be construed to
    prohibit activities authorized by or conducted under the Peace Corps
    Act, the Inter-American Foundation Act, or the African Development
    Foundation Act. The appropriate agency shall promptly report to the
    Committees on Appropriations whenever it is conducting activities or is
    proposing to conduct activities in a country for which assistance is
    prohibited.

                       Impact on Jobs in the United States

        Sec. [539] 529. None of the funds appropriated by this Act may be
    obligated or expended to provide--
            (a) any financial incentive to a business enterprise currently
        located in the United States for the purpose of inducing such an
        enterprise to relocate outside the United States if such incentive
        or inducement is likely to reduce the number of employees of such
        business enterprise in the United States because United States
        production is being replaced by such enterprise outside the United
        States;
            (b) assistance for the purpose of establishing or developing in
        a foreign country any export processing zone or designated area in
        which the tax, tariff, labor, environment, and safety laws of that
        country do not apply, in part or in whole, to activities carried out
        within that zone or area, unless the President determines and
        certifies that such assistance is not likely to cause a loss of jobs
        within the United States; or
            (c) assistance for any project or activity that contributes to
        the violation of internationally recognized workers rights, as
        defined in section 502(a)(4) of the Trade Act of 1974, of workers in
        the recipient country, including any designated zone or area in that
        country: Provided, That in recognition that the application of this
        subsection should be commensurate with the level of development of
        the recipient country and sector, the provisions of this subsection
        shall not preclude assistance for the informal sector in such
        country, micro and small-scale enterprise, and smallholder
        agriculture.

         Authority to Assist [Bosnia-Hercegovina] Bosnia and Herzegovina

        Sec. [540] 530. (a) Congress finds as follows:
            (1) The United Nations has imposed an embargo on the transfer of
        arms to any country on the territory of the former Yugoslavia.
            (2) The federated states of Serbia and Montenegro have a large
        supply of military equipment and ammunition and the Serbian forces
        fighting the government of [Bosnia-Hercegovina] Bosnia and
        Herzegovina have more than one thousand battle tanks, armored
        vehicles, and artillery pieces.
            (3) Because the United Nations arms embargo is serving to
        sustain the military advantage of the aggressor, the United Nations
        should exempt the government of [Bosnia-Hercegovina] Bosnia and
        Herzegovina from its embargo.
        (b) Pursuant to a lifting of the United Nations arms embargo, or to
    a unilateral lifting of the arms embargo by the President of the United
    States, against [Bosnia-Hercegovina] Bosnia and Herzegovina, the
    President is authorized to transfer, subject to prior notification of
    the Committees on Appropriations, to the government of that nation,
    without reimbursement, defense articles from the stocks of the
    Department of Defense and defense services of the Department of Defense
    of an aggregate value not to exceed $100,000,000 in fiscal year [1996]
    1997: Provided, That the President certifies in a timely fashion to the
    Congress that the transfer of such articles would assist that nation in
    self-defense and thereby promote the security and stability of the
    region.
        (c) Within 60 days of any transfer under the authority provided in
    subsection (b), and every 60 days thereafter, the President shall report
    in writing to the Speaker of the House of Representatives and the
    President pro tempore of the Senate concerning the articles transferred
    and the disposition thereof.
        (d) There are authorized to be appropriated to the President such
    sums as may be necessary to reimburse the applicable appropriation,
    fund, or account for defense articles provided under this section.

        [Restrictions on the Termination of Sanctions Against Serbia and
                                   Montenegro]

        [Sec. 540A. (a) Restrictions.--Notwithstanding any other provision
    of law, no sanction, prohibition, or requirement described in section
    1511 of the National Defense Authorization Act for Fiscal Year 1994
    (Public Law 103-160), with respect to Serbia or Montenegro, may cease to
    be effective, unless--
            (1) the President first submits to the Congress a certification
        described in subsection (b); and
            (2) the requirements of section 1511 of that Act are met.]
        [(b) Certification.--A certification described in this subsection is
    a certification that--
            (1) there is substantial progress toward--

    [[Page 120]]

                (A) the realization of a separate identity for Kosova and
            the right of the people of Kosova to govern themselves; or
                (B) the creation of an international protectorate for
            Kosova;
            (2) there is substantial improvement in the human rights
        situation in Kosova;
            (3) international human rights observers are allowed to return
        to Kosova; and
            (4) the elected government of Kosova is permitted to meet and
        carry out its legitimate mandate as elected representatives of the
        people of Kosova.]
        [(c) Waiver Authority.--The President may waive the application in
    whole or in part, of subsection (a) if the President certifies to the
    Congress that the President has determined that the waiver is necessary
    to meet emergency humanitarian needs or to achieve a negotiated
    settlement of the conflict in Bosnia-Herzegovina that is acceptable to
    the parties.]
        [(d) Expanded Authority.--Section 660(b) of the Foreign Assistance
    Act of 1961 is amended--
            (1) in paragraph (3), by striking ``or'';
            (2) in paragraph (4), by striking the period at the end thereof
        and inserting ``; or'';
            (3) adding the following new paragraphs:
            ``(5) with respect to assistance, including training, relating
        to sanctions monitoring and enforcement;
            ``(6) with respect to assistance provided to reconstitute
        civilian police authority and capability in the post-conflict
        restoration of host nation infrastructure for the purposes of
        supporting a nation emerging from instability, and the provision of
        professional public safety training, to include training in
        internationally recognized standards of human rights, the rule of
        law, anti-corruption, and the promotion of civilian police roles
        that support democracy.''.]

                               Special Authorities

        Sec. [541] 531. (a) Funds appropriated in title II of this Act that
    are made available for Afghanistan, Lebanon, and Cambodia, and for
    victims of war, displaced children, displaced Burmese, humanitarian
    assistance for Romania, and humanitarian assistance for the peoples of
    [Bosnia-Hercegovina] Bosnia and Herzegovina, Croatia, and Kosova, may be
    made available notwithstanding any other provision of law: Provided,
    That any such funds that are made available for Cambodia shall be
    subject to the provisions of section 531(e) of the Foreign Assistance
    Act of 1961 and section 906 of the International Security and
    Development Cooperation Act of 1985: Provided further, That the
    President shall terminate assistance to any country or organization that
    he determines is cooperating, tactically or strategically, with the
    Khmer Rouge in their military operations, or to the military of any
    country which the President determines is not taking steps to prevent a
    pattern or practice of commercial relations between its members and the
    Khmer Rouge.
        (b) Funds appropriated by this Act to carry out the provisions of
    sections 103 through 106 of the Foreign Assistance Act of 1961 may be
    used, notwithstanding any other provision of law, for the purpose of
    supporting tropical forestry and energy programs aimed at reducing
    emissions of greenhouse gases, and for the purpose of supporting
    biodiversity conservation activities: Provided, That such assistance
    shall be subject to sections 116, 502B, and 620A of the Foreign
    Assistance Act of 1961.
        (c) During fiscal year [1996] 1997, the President may use up to
    [$40,000,000] $50,000,000 under the authority of section 451 of the
    Foreign Assistance Act of 1961, notwithstanding the funding ceiling
    contained in subsection (a) of that section.
        (d) The Agency for International Development may employ personal
    services contractors, notwithstanding any other provision of law, for
    the purpose of administering programs for the West Bank and Gaza.

            [Policy on Terminating the Arab League Boycott of Israel]

        [Sec. 542. It is the sense of the Congress that--
            (1) the Arab League countries should immediately and publicly
        renounce the primary boycott of Israel and the secondary and
        tertiary boycott of American firms that have commercial ties with
        Israel; and
            (2) the President should--
                (A) take more concrete steps to encourage vigorously Arab
            League countries to renounce publicly the primary boycotts of
            Israel and the secondary and tertiary boycotts of American firms
            that have commercial relations with Israel as a confidence-
            building measure;
                (B) take into consideration the participation of any
            recipient country in the primary boycott of Israel and the
            secondary and tertiary boycotts of American firms that have
            commercial 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
                (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. [543] 532. (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 [in accordance] and in other regions
    consistent with the provisions of section [534] 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 [the third sentence of section 534(e)] section
    534(c) and the second and third sentences of section 534(e) of the
    Foreign Assistance Act of 1961. Funds made available pursuant to
    subsection (a) for Bolivia, Colombia and Peru may be made available
    notwithstanding section 534(c) and the second sentence of section 534(e)
    of the Foreign Assistance Act of 1961.

                           Eligibility for Assistance

        Sec. [544] 533. (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
    and 10 of part I of the Foreign Assistance Act of 1961: Provided, That
    the President shall take into consideration, in any case in which a
    restriction on assistance would be applicable but for this subsection,
    whether assistance in support of programs of nongovernmental
    organizations is in the national interest of the United States: Provided
    further, That before using the authority of this subsection to furnish
    assistance in support of programs of nongovernmental organizations, the
    President shall notify the Committees on Appropriations under the
    regular notification procedures of those committees, including a
    description of the program to be assisted, the assistance to be
    provided, and the reasons for furnishing such assistance: Provided
    further, That nothing in this subsection shall be construed to alter any
    existing statutory prohibitions against abortion or involuntary
    sterilizations contained in this or any other Act.
        (b) Public Law 480.--During fiscal year [1996] 1997, restrictions
    contained in this or any other Act with respect to assistance for a
    country shall not be construed to restrict assistance under the
    Agricultural Trade Development and Assistance Act of 1954: Provided,
    That none of the funds appropriated to carry out title I of such Act and
    made available pursuant to this subsection may be obligated or expended
    except as provided through the regular notification procedures of the
    Committees on Appropriations.
        (c) Exception.--This section shall not apply--
            (1) with respect to section 620A of the Foreign Assistance Act
        or any comparable provision of law prohibiting assistance to
        countries that support international terrorism; or
            (2) with respect to section 116 of the Foreign Assistance Act of
        1961 or any comparable provision of law prohibiting assistance to
        countries that violate internationally recognized human rights.

                                    Earmarks

        Sec. [544A] 534. (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

    [[Page 121]]
    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. [545] 535. 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.

                             Excess Defense Articles

        Sec. [546] 536. (a) [The] During fiscal year 1997, the  authority of
    section 519 of the Foreign Assistance Act of 1961, as amended, may be
    used [in fiscal year 1996] to provide nonlethal excess defense articles
    to countries for which United States foreign assistance has been
    requested and for which receipt of such articles was separately
    justified for the fiscal year, without regard to the restrictions in
    subsection (a) of section 519.
        (b) [The] During fiscal year 1997, the authority of section 516 of
    the Foreign Assistance Act of 1961, as amended, may be used [in fiscal
    year 1996] to provide defense articles to Jordan, [Estonia, Latvia, and
    Lithuania] Tunisia, Argentina, and to countries eligible to participate
    in the Partnership for Peace and to receive assistance under P.L. 101-
    179.
                        (c) Section 516(f) of the Foreign Assistance Act of
                1961, as amended, is repealed,
                        (d) Section 31(d) of the Arms Export Control Act is
                amended by deleting the words ``or pursuant to sales under
                this Act.''

                     Prohibition on Publicity or Propaganda

        Sec. [547] 537. No part of any appropriation contained in this Act
    shall be used for publicity or propaganda purposes within the United
    States not authorized before the date of enactment of this Act by the
    Congress[: Provided, That not to exceed $750,000 may be made available
    to carry out the provisions of section 316 of Public Law 96-533].

                            Use of American Resources

        Sec. [548] 538. To the maximum extent possible, assistance provided
    under this Act should make full use of American resources, including
    commodities, products, and services.

               [Prohibition of Payments to United Nations Members]

        [Sec. 549. None of the funds appropriated or made available pursuant
    to this Act for carrying out the Foreign Assistance Act of 1961, may be
    used to pay in whole or in part any assessments, arrearages, or dues of
    any member of the United Nations.]

                              [Consulting Services]

        [Sec. 550. The expenditure of any appropriation under this Act for
    any consulting service through procurement contract, pursuant to section
    3109 of title 5, United States Code, shall be limited to those contracts
    where such expenditures are a matter of public record and available for
    public inspection, except where otherwise provided under existing law,
    or under existing Executive order pursuant to existing law.]

                [Private Voluntary Organizations--Documentation]

        [Sec. 551. None of the funds appropriated or made available pursuant
    to this Act shall be available to a private voluntary organization which
    fails to provide upon timely request any document, file, or record
    necessary to the auditing requirements of the Agency for International
    Development.]

      [Prohibition on Assistance to Foreign Governments That Export Lethal
       Military Equipment to Countries Supporting International Terrorism]

        [Sec. 552. (a) None of the funds appropriated or otherwise made
    available by this Act may be available to any foreign government which
    provides lethal military equipment to a country the government of which
    the Secretary of State has determined is a terrorist government for
    purposes of section 40(d) of the Arms Export Control Act. The
    prohibition under this section with respect to a foreign government
    shall terminate 12 months after that government ceases to provide such
    military equipment. This section applies with respect to lethal military
    equipment provided under a contract entered into after the date of
    enactment of this Act.]
        [(b) Assistance restricted by subsection (a) or any other similar
    provision of law, may be furnished if the President determines that
    furnishing such assistance is important to the national interests of the
    United States.]
        [(c) Whenever the waiver of subsection (b) is exercised, the
    President shall submit to the appropriate congressional committees a
    report with respect to the furnishing of such assistance. Any such
    report shall include a detailed explanation of the assistance to be
    provided, including the estimated dollar amount of such assistance, and
    an explanation of how the assistance furthers United States national
    interests.]

     [Withholding of Assistance for Parking Fines Owed by Foreign Countries]

        [Sec. 553. (a) In General.--Of the funds made available for a
    foreign country under part I of the Foreign Assistance Act of 1961, an
    amount equivalent to 110 percent of the total unpaid fully adjudicated
    parking fines and penalties owed to the District of Columbia by such
    country as of the date of enactment of this Act shall be withheld from
    obligation for such country until the Secretary of State certifies and
    reports in writing to the appropriate congressional committees that such
    fines and penalties are fully paid to the government of the District of
    Columbia.]
        [(b) Definition.--For purposes of this section, the term
    ``appropriate congressional committees'' means the Committee on Foreign
    Relations and the Committee on Appropriations of the Senate and the
    Committee on International Relations and the Committee on Appropriations
    of the House of Representatives.]

         Limitation on Assistance for the PLO for the West Bank and Gaza

        Sec. [554] 539. 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 583(a) of the Middle East Peace Facilitation Act of 1994
    (part E of title V of Public Law 103-236) 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 583(b)(2) of the
    Middle East Peace Facilitation Act or to suspend the prohibition under
    other legislation, funds appropriated by this Act may not be obligated
    for assistance for the Palestine Liberation Organization for the West
    Bank and Gaza.

                      Export Financing Transfer Authorities

        Sec. [555] 540. Not to exceed 5 percent of any appropriation other
    than for administrative expenses made available for fiscal year 1996 for
    programs under title I of this Act may be transferred between such
    appropriations for use for any of the purposes, programs and activities
    for which the funds in such receiving account may be used, but no such
    appropriation, except as otherwise specifically provided, shall be
    increased by more than 25 percent by any such transfer: Provided, That
    the exercise of such authority shall be subject to the regular
    notification procedures of the Committees on Appropriations.

                              War Crimes Tribunals

        Sec. [556] 541. 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 authority of] the
    President may direct a drawdown pursuant to section 552(c) of the
    Foreign Assistance Act of 1961, as amended, [may be used to pro

    [[Page 122]]
    vide] of up to $25,000,000 of commodities and services to 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.

                        Nonlethal Excess Defense Articles

        Sec. [557] 542. Notwithstanding section 519(f) of the Foreign
    Assistance Act of 1961, during fiscal year [1996] 1997, funds available
    to the Department of Defense may be expended for crating, packing,
    handling and transportation of [nonlethal] excess defense articles
    transferred under the authority of [section] sections 516 and 519 to
    countries eligible to participate in the Partnership for Peace and to
    receive assistance under Public Law 101-179.

                                    Landmines

        Sec. [558] 543. Notwithstanding any other provision of law, demining
    equipment available to any department or agency and used in support of
    the clearing of landmines for humanitarian purposes may be disposed of
    on a grant basis in foreign countries, subject to such terms and
    conditions as the President may prescribe[: Provided, That section
    1365(c) of the National Defense Authorization Act for Fiscal Year 1993
    (Public Law 102-484; 22 U.S.C., 2778 note) is amended by striking out
    ``During the four-year period beginning on October 23, 1992'' and
    inserting in lieu thereof ``During the five-year period beginning on
    October 23, 1992''].

                         [Clarification of Restrictions]

        [Sec. 559. (a) In General.--Section 620E of the Foreign Assistance
    Act of 1961 (22 U.S.C. 2375) is amended--
            (1) in subsection (e)--
                (A) by striking the words ``No assistance'' and inserting
            the words ``No military assistance'';
                (B) by striking the words ``in which assistance is to be
            furnished or military equipment or technology'' and inserting
            the words ``in which military assistance is to be furnished or
            military equipment or technology'';
                (C) by striking the words ``the proposed United States
            assistance'' and inserting the words ``the proposed United
            States military assistance'';
                (D) by inserting ``(1)'' immediately after ``(e)''; and
                (E) by adding the following new paragraphs:
            ``(2) The prohibitions in this section do not apply to any
        assistance or transfer provided for the purposes of:
                ``(A) International narcotics control (including chapter 8
            of part I of this Act) or any provision of law available for
            providing assistance for counternarcotics purposes.
                ``(B) Facilitating military-to-military contact, training
            (including chapter 5 of part II of this Act) and humanitarian
            and civic assistance projects.
                ``(C) Peacekeeping and other multilateral operations
            (including chapter 6 of part II of this Act relating to
            peacekeeping) or any provision of law available for providing
            assistance for peacekeeping purposes, except that lethal
            military equipment provided under this subparagraph shall be
            provided on a lease or loan basis only and shall be returned
            upon completion of the operation for which it was provided.
                ``(D) Antiterrorism assistance (including chapter 8 of part
            II of this Act relating to antiterrorism assistance) or any
            provision of law available for antiterrorism assistance
            purposes.
            ``(3) The restrictions of this subsection shall continue to
        apply to contracts for the delivery of F-16 aircraft to Pakistan.
            ``(4) Notwithstanding the restrictions contained in this
        subsection, military equipment, technology, or defense services,
        other than F-16 aircraft, may be transferred to Pakistan pursuant to
        contracts or cases entered into before October 1, 1990.''; and
            (2) by adding at the end the following new subsections:
        ``(f) Storage Costs.--The President may release the Government of
    Pakistan of its contractual obligation to pay the United States
    Government for the storage costs of items purchased prior to October 1,
    1990, but not delivered by the United States Government pursuant to
    subsection (e) and may reimburse the Government of Pakistan for any such
    amount paid, on such terms and conditions as the President may
    prescribe: Provided, That such payments have no budgetary impact.
        ``(g) Inapplicability of Restrictions to Previously Owned Items.--
    Section 620E(e) does not apply to broken, worn or unupgraded items or
    their equivalent which Pakistan paid for and took possession of prior to
    October 1, 1990 and which the Government of Pakistan sent to the United
    States for repair or upgrade. Such equipment or its equivalent may be
    returned to the Government of Pakistan: Provided, That the President
    determines and so certifies to the appropriate congressional committees
    that such equipment or equivalent neither constitutes nor has received
    any significant qualitative upgrade since being transferred to the
    United States and that its total value does not exceed $25,000,000.
        ``(h) Ballistic Missile Sanctions Not Affected.--Nothing contained
    herein shall affect sanctions for transfers of missile equipment or
    technology required under section 11B of the Export Administration Act
    of 1979 or section 73 of the Arms Export Control Act.''.]

               [Restrictions Concerning the Palestinian Authority]

        [Sec. 560. None of the funds appropriated by this Act may be
    obligated or expended to create in any part of Jerusalem a new office of
    any department or agency of the United States Government for the purpose
    of conducting official United States Government business with the
    Palestinian Authority over Gaza and Jericho or any successor Palestinian
    governing entity provided for in the Israel-PLO Declaration of
    Principles: Provided, That this restriction shall not apply to the
    acquisition of additional space for the existing Consulate General in
    Jerusalem: Provided further, That meetings between officers and
    employees of the United States and officials of the Palestinian
    Authority, or any successor Palestinian governing entity provided for in
    the Israel-PLO Declaration of Principles, for the purpose of conducting
    official United States Government business with such authority should
    continue to take place in locations other than Jerusalem. As has been
    true in the past, officers and employees of the United States Government
    may continue to meet in Jerusalem on other subjects with Palestinians
    (including those who now occupy positions in the Palestinian Authority),
    have social contacts, and have incidental discussions.]

                   Prohibition of Payment of Certain Expenses

        Sec. [561] 544. 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.
        [Sec. 562. (a) In General.--None of the funds made available in this
    Act may be used for assistance in support of any country when it is made
    known to the President that the government of such country prohibits or
    otherwise restricts, directly or indirectly, the transport or delivery
    of United States humanitarian assistance.
        (b) Exception.--Funds may be made available with regard to the
    restriction in subsection (a) if the President determines that to do so
    is in the national security interest of the United States.]

      [Withholding of Assistance to Countries Supporting Nuclear Plant in
                                      Cuba]

        [Sec. 563. (a) Withholding.--The President shall withhold from
    assistance made available with funds appropriated or made available
    pursuant to this Act an amount equal to the sum of assistance and
    credits, if any, provided on or after the date of the enactment of this
    Act by that country, or any entity in that country, in support of the
    completion of the Cuban nuclear facility at Juragua, near Cienfuegos,
    Cuba.]
        [(b) Exceptions.--The requirement of subsection (a) to withhold
    assistance shall not apply with respect to--

    [[Page 123]]

            (1) assistance to meet urgent humanitarian needs including
        disaster and refugee relief;
            (2) democratic political reform and rule of law activities;
            (3) the creation of private sector and nongovernmental
        organizations that are independent of government control;
            (4) the development of a free market economic system; and
            (5) assistance for the purposes described in the Cooperative
        Threat Reduction Act of 1993 (title XII of Public Law 103-160).]

                         [Limitation on Funds for Haiti]

        [Sec. 564. Effective March 1, 1996, none of the funds appropriated
    in this Act may be made available to the Government of Haiti when it is
    made known to the President that such Government is controlled by a
    regime holding power through means other than the democratic elections
    scheduled for calendar year 1995 and held in substantial compliance with
    the requirements of the 1987 Constitution of Haiti.]

               [Purchase of American-Made Equipment and Products]

        [Sec. 565. (a) Sense of Congress.--It is the sense of the Congress
    that, to the greatest extent practicable, all equipment and products
    purchased with funds made available in this Act should be American-
    made.]
        [(b) Notice Requirement.--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 (a) by the Congress.]

                      [Limitation on Assistance to Turkey]

        [Sec. 566. Not more than $33,500,000 of the funds appropriated in
    this Act under the heading ``Economic Support Fund'' may be made
    available to the Government of Turkey.]

            [Limitation of Funds for North American Development Bank]

        [Sec. 566A. None of the funds appropriated in this Act under the
    heading ``North American Development Bank'' and made available for the
    Community Adjustment and Investment Program shall be used for purposes
    other than those set out in the binational agreement establishing the
    Bank.]

                         [Limitation on Funds for Burma]

        [Sec. 567. None of the funds made available in this Act may be used
    for International Narcotics Control or Crop Substitution Assistance for
    the Government of Burma.]

                            [Asian Development Bank]

        [Sec. 568. The Secretary of the Treasury may, to fulfill commitments
    of the United States, subscribe to and make payments for shares of the
    Asian Development Bank in connection with the fourth general capital
    increase of the Bank. The amount authorized to be appropriated for paid-
    in shares of the Bank is limited to $66,614,647; the amount authorized
    to be appropriated for payment for callable shares of the Bank is
    limited to $3,264,178,021. The amount to be paid in respect of each
    subscription is authorized to be appropriated without fiscal year
    limitation. Any subscription by the United States to the capital stock
    of the Bank shall be effective only to such extent or in such amounts as
    are provided in advance in appropriations Acts.]

                     [International Development Association]

        [Sec. 569. In order to pay for the United States contribution to the
    tenth replenishment of the resources of the International Development
    Association authorized in section 526 of Public Law 103-87, there is
    authorized to be appropriated, without fiscal year limitation,
    $700,000,000 for payment by the Secretary of the Treasury.]

                       Special Debt Relief for the Poorest

        Sec. [570] 545. (a) Authority To Reduce Debt.--The President may
    reduce amounts owed to the United States (or any agency of the United
    States) by an eligible country as a result of--
            (1) guarantees issued under sections 221 and 222 of the Foreign
        Assistance Act of 1961; or
            (2) credits extended or guarantees issued under the Arms Export
        Control Act.
        (b) Limitations.--
            (1) The authority provided by subsection (a) may be exercised
        only to implement multilateral official debt relief and referendum
        agreements, commonly referred to as ``Paris Club Agreed Minutes''.
            (2) The authority provided by subsection (a) may be exercised
        only in such amounts or to such extent as is provided in advance by
        appropriations Acts.
            (3) The authority provided by subsection (a) may be exercised
        only with respect to countries with heavy debt burdens that are
        eligible to borrow from the International Development Association,
        but not from the International Bank for Reconstruction and
        Development, commonly referred to as ``IDA-only'' countries.
        (c) Conditions.--The authority provided by subsection (a) may be
    exercised only with respect to a country whose government--
            (1) does not have an excessive level of military expenditures;
            (2) has not repeatedly provided support for acts of
        international terrorism;
            (3) is not failing to cooperate on international narcotics
        control matters;
            (4) (including its military or other security forces) does not
        engage in a consistent pattern of gross violations of
        internationally recognized human rights; and
            (5) is not ineligible for assistance because of the application
        of section 527 of the Foreign Relations Authorization Act, fiscal
        years 1994 and 1995.
        (d) Availability of Funds.--The authority provided by subsection (a)
    may be used only with regard to funds appropriated by this Act under the
    heading ``Debt Restructuring''.
        (e) Certain Prohibitions Inapplicable.--A reduction of debt pursuant
    to subsection (a) shall not be considered assistance for purposes of any
    provision of law limiting assistance to a country. The authority
    provided by subsection (a) may be exercised notwithstanding section
    620(r) of the Foreign Assistance Act of 1961.

                  Authority to Engage in Debt Buybacks or Sales

        Sec. [571] 546. (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
            debt-for-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 or 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 development, in a manner consistent with section 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

    [[Page 124]]
    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 [shall] 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''.

                         [Drawdown Authority for Jordan]

        [Sec. 572. During fiscal year 1996, the President may direct, for
    the purposes of part II of the Foreign Assistance Act of 1961, the
    drawdown for Jordan of defense articles from the stocks of the
    Department of Defense, defense services of the Department of Defense,
    and military education and training of up to an aggregate of
    $100,000,000: Provided, That--
            (a) within six months of the last drawdown under subsection (a),
        the President shall submit a report to the Committee on
        Appropriations identifying the articles, services, training or
        education provided;
            (b) section 506(c) of the Foreign Assistance Act of 1961 shall
        apply to the drawdown authority in this section; and
            (c) section 632(d) of the Foreign Assistance Act of 1961 shall
        not apply with respect to drawdowns under this section.]

                                     Liberia

        Sec. [573] 547. [(a) Public Law 102-270 is amended--
            (1) in subsection (b) by striking ``Notwithstanding section
        620(q) of the Foreign Assistance Act of 1961 or any other similar
        provision, the'' and inserting ``The''; and
            (2) in subsection (b)(2) by striking ``to implement the
        Yamoussoukro peace accord''.]
        [(b)] Funds appropriated by this Act may be made available for
    assistance for Liberia notwithstanding section 620(q) of the Foreign
    Assistance Act of 1961 and section 512 of this Act.

                  [Annual Report on Economic and Social Growth]

        [Sec. 574. (a) Reporting Requirement.--The President shall submit to
    the appropriate congressional committees an annual report providing a
    concise overview of the prospects for economic and social growth on a
    broad, equitable, and sustainable basis in the countries receiving
    economic assistance under title II of this Act. For each country, the
    report shall discuss the laws, policies and practices of that country
    that most contribute to or detract from the achievement of this kind of
    growth. The report should address relevant macroeconomic, microeconomic,
    social, legal, environmental, and political factors and include criteria
    regarding wage and price controls, State ownership of production and
    distribution, State control of financial institutions, trade and foreign
    investment, capital and profit repatriation, tax and private property
    protections and a country's commitment to stimulate education, health
    and human development.]
        [(b) Countries.--The countries referred to in subsection (a) are
    countries--
            (1) for which in excess of $5,000,000 has been obligated during
        the previous fiscal year for assistance under sections 103 through
        106, chapters 10 and 11 of part I, and chapter 4 of part II of the
        Foreign Assistance of 1961, and under the Support for East European
        Democracy Act of 1989; or
            (2) for which in excess of $1,000,000 has been obligated during
        the previous fiscal year by the Overseas Private Investment
        Corporation.]
        [(c) Consultation.--The Secretary of State shall submit the report
    required by subsection (a) in consultation with the Secretary of the
    Treasury, the Administrator of the Agency for International Development,
    and the President of the Overseas Private Investment Corporation. The
    report shall be submitted with the annual congressional presentation for
    appropriations.]
        [Sec. 575. To the maximum extent possible, the funds provided by
    this Act shall be used to provide surveying and mapping related services
    through contracts entered into through competitive bidding to qualified
    United States contractors.]

                          [Reports Regarding Hong Kong]

        [Sec. 576. (a) Section 301 of the United States-Hong Kong Policy Act
    of 1992 (22 U.S.C. 5731) is amended in the text above paragraph (1) by
    inserting ``March 31, 1996,'' after ``March 31, 1995,''.]
        [(b) In light of the deficiencies in reports submitted to the
    Congress pursuant to section 301 of the United States-Hong Kong Policy
    Act (22 U.S.C. 5731), the Congress directs that the additional report
    required to be submitted under such section by subsection (a) of this
    section include detailed information on the status of, and other
    developments affecting, implementation of the Sino-British Joint
    Declaration on the Question of Hong Kong, including--
                (1) the Basic Law and its consistency with the Joint
            Declaration;
                (2) the openness and fairness of elections to the
            legislature;
                (3) the openness and fairness of the election of the chief
            executive and the executive's accountability to the legislature;
                (4) the treatment of political parties;
                (5) the independence of the judiciary and its ability to
            exercise the power of final judgment over Hong Kong law; and
                (6) the Bill of Rights.]
        [Sec. 577. Notwithstanding any other provision of this Act,
    $20,000,000 of the funds made available under the headings ``Development
    Assistance'' and/or ``Economic Support Fund'' may be transferred to, and
    merged with, the appropriations account entitled ``International
    Narcotics Control'' and may be available for the same purposes for which
    funds in such account are available.]

                                   [Guatemala]

        [Sec. 578. (a) Funds provided in this Act may be made available for
    the Guatemalan military or security forces, and the restrictions on
    Guatemala under the headings ``International Military Education and
    Training'' and ``Foreign Military Financing Program'' shall not apply,
    only if the President determines and certifies to the Congress that the
    Guatemalan military is cooperating with efforts to resolve human rights
    abuses which elements of the Guatemalan military or security forces are
    alleged to have committed, ordered or attempted to thwart the
    investigation of.]
        [(b) The prohibition contained in subsection (a) shall not apply to
    funds made available to implement a cease-fire or peace agreement.]
        [(c) Any funds made available pursuant to subsections (a) or (b)
    shall be subject to the regular notification procedures of the
    Committees on Appropriations.]
        [(d) Any funds made available pursuant to subsections (a) and (b)
    for international military education and training may only be for
    expanded international military education and training.]

                     [Extension of Tied Aid Credit Program]

        [Sec. 579. (a) Section 10(c)(2) of the Export-Import Bank Act of
    1945 (12 U.S.C. 635i-3(c)(2) is amended by striking ``1995'' and
    inserting ``1997''.]
        [(b) Section 10(e) of the Export-Import Bank Act of 1945 (12 U.S.C.
    635i-3(e)) is amended by striking ``1993, 1994, and 1995'' and inserting
    ``1996 and 1997''.]

                 [Moratorium on Use of Antipersonnel Landmines ]

        [Sec. 580. (a) United States Moratorium.--For a period of one year
    beginning three years after the date of enactment of this Act, the
    United States shall not use antipersonnel landmines except along
    internationally recognized national borders or in demilitarized zones
    within a perimeter marked area that is monitored by military personnel
    and protected by adequate means to ensure the exclusion of civilians.]
        [(b) Definition and Exemptions.--For the purposes of this section:
            (1) Antipersonnel landmine.--The term ``antipersonnel landmine''
        means any munition placed under, on, or near the ground or other
        surface area, delivered by artillery, rocket, mortar, or similar
        means, or dropped from an aircraft and which is designed,
        constructed or adapted to be detonated or exploded by the presence,
        proximity, or contact of a person.
            (2) Exemptions.--The term ``antipersonnel landmine'' does not
        include command detonated Claymore munitions.]

                         [Extension of Au Pair Programs]

        [Sec. 581. Section 8 of the Eisenhower Exchange Fellowship Act of
    1990 is amended in the last sentence by striking ``fiscal year 1995''
    and inserting ``fiscal year 1996''.]

    [[Page 125]]

               Sanctions Against Countries Harboring War Criminals

        Sec. [582] 548. (a) Bilateral Assistance.--[Funds] The President is
    authorized to withhold funds appropriated by this Act under the Foreign
    Assistance Act of 1961 or the Arms Export Control Act [may not be
    provided] for any country described in subsection (c).
        (b) Multilateral Assistance.--The Secretary of the Treasury [shall]
    should instruct the United States executive directors of the
    international financial institutions to work in opposition to, and vote
    against, any extension by such institutions of financing or financial or
    technical assistance to any country described in subsection (c).
        (c) Sanctioned Countries.--A country described in this subsection is
    a country the government of which knowingly grants sanctuary to persons
    in its territory for the purpose of evading prosecution, where such
    persons--
            (1) have been indicted by the International Criminal Tribunal
        for the former Yugoslavia, the International Criminal Tribunal for
        Rwanda, or any other international tribunal with similar standing
        under international law, or
            (2) have been indicted for war crimes or crimes against humanity
        committed during the period beginning March 23, 1933 and ending on
        May 8, 1945 under the direction of, or in association with--
                (A) the Nazi government of Germany;
                (B) any government in any area occupied by the military
            forces of the Nazi government of Germany;
                (C) any government which was established with the assistance
            or cooperation of the Nazi government; or
                (D) any government which was an ally of the Nazi government
            of Germany.

                       Limitation on Assistance for Haiti

        Sec. [583] 549. (a) Limitation.--None of the funds appropriated or
    otherwise made available by this Act, may be provided to the Government
    of Haiti until the President reports to Congress that--
            (1) the Government is conducting thorough investigations of
        extrajudicial and political killings; and
            (2) the Government is cooperating with United States authorities
        in the investigations of political and extrajudicial killings.
        (b) Nothing in this section shall be construed to restrict the
    provision of humanitarian or electoral assistance.
        (c) The President may waive the requirements of this section if he
    determines and certifies to the appropriate committees of Congress that
    it is in the national interest of the United States or necessary to
    assure the safe and timely withdrawal of American forces from Haiti.

     [Limitation on Funds to the Territory of the Bosniac-Croat Federation.]

        [Sec. 584. Funds appropriated by this Act for activities in the
    internationally-recognized borders of Bosnia and Herzegovina (other than
    refugee and disaster assistance and assistance for restoration of
    infrastructure, to include power grids, water supplies and natural gas)
    may only be made available for activities in the territory of the
    Bosniac-Croat Federation.]

                              [NATO Participation]

        [Sec. 585. Revisions to Program To Facilitate Transition to NATO
    Membership.--]
        [(a) Eligible Countries.--Subsection (d) of section 203 of the NATO
    Participation Act of 1994 (title II of Public Law 103-447; 22 U.S.C.
    1928 note) is amended to read as follows:
        ``(d) Designation of Eligible Countries.--
            ``(1) Initial presidential review and designation.--Within 60
        days of the enactment of the NATO Participation Act Amendments of
        1995, the President should evaluate the degree to which any country
        emerging from communist domination which has expressed its interest
        in joining NATO meets the criteria set forth in paragraph (3), and
        may designate one or more of these countries as eligible to receive
        assistance under the program established under subsection (a). The
        President shall, at the time of designation of any country pursuant
        to this paragraph, determine and report to the Committees on
        International Relations and Appropriations of the House of
        Representatives and the Committees on Foreign Relations and
        Appropriations of the Senate with respect to each country so
        designated that such country meets the criteria set forth in
        paragraph (3).
            ``(2) Other european countries emerging from communist
        domination.--In addition to the countries designated pursuant to
        paragraph (1), the President may at any time designate other
        European countries emerging from communist domination as eligible to
        receive assistance under the program established under subsection
        (a). The President shall, at the time of designation of any country
        pursuant to this paragraph, determine and report to the Committees
        on International Relations and Appropriations of the House of
        Representatives and the Committees on Foreign Relations and
        Appropriations of the Senate with respect to each country so
        designated that such country meets the criteria set forth in
        paragraph (3).
            ``(3) Criteria.--The criteria referred to in paragraphs (1) and
        (2) are, with respect to each country, that the country--
                ``(A) has made significant progress toward establishing--
                    ``(i) shared values and interests;
                    ``(ii) democratic governments;
                    ``(iii) free market economies;
                    ``(iv) civilian control of the military, of the police,
                and of intelligence services, so that these organizations do
                not pose a threat to democratic institutions, neighboring
                countries, or the security of NATO or the United States;
                    ``(v) adherence to the rule of law and to the values,
                principles, and political commitments set forth in the
                Helsinki Final Act and other declarations by the members of
                the Organization on Security and Cooperation in Europe;
                    ``(vi) commitment to further the principles of NATO and
                to contribute to the security of the North Atlantic area;
                    ``(vii) commitment to protecting the rights of all their
                citizens and respecting the territorial integrity of their
                neighbors;
                    ``(viii) commitment and ability to accept the
                obligations, responsibilities, and costs of NATO membership;
                and
                    ``(ix) commitment and ability to implement
                infrastructure development activities that will facilitate
                participation in and support for NATO military activities;
                ``(B) is likely, within five years of such determination, to
            be in a position to further the principles of the North Atlantic
            Treaty and to contribute to the security of the North Atlantic
            area; and
                ``(C) is not ineligible to receive assistance under section
            552 of the Foreign Operations, Export Financing, and Related
            Programs Appropriations Act, 1996, with respect to transfers of
            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.''.
        (2) Conforming amendments.--
            (A) Subsections (b) and (c) of section 203 of such Act are
        amended by striking ``countries described in such subsection'' each
        of the two places it appears and inserting ``countries designated
        under subsection (d)''.
            (B) Subsection (e) of section 203 of such Act is amended by
        inserting ``(22 U.S.C. 2394-1), and shall include with such
        notification a memorandum of justification with respect to the
        proposed designation'' before the period at the end.]
        [(b) Types of Assistance.--Section 203(c) of such Act is amended by
    inserting after paragraph (4) the following new paragraphs:
            ``(5) Assistance under chapter 4 of part II of the Foreign
        Assistance Act of 1961 (relating to the Economic Support Fund).
            ``(6) Funds appropriated under the ``Nonproliferation and
        Disarmament Fund'' account.
            ``(7) Assistance under chapter 6 of part II of the Foreign
        Assistance Act of 1961 (relating to peacekeeping operations and
        other programs).
            ``(8) Notwithstanding any other provision of law, including any
        restrictions in sections 516 and 519 of the Foreign Assistance Act
        of 1961, as amended, the President may direct the crating, packing,
        handling, and transportation of excess defense articles provided
        pursuant to paragraphs (1) and (2) of this subsection without charge
        to the recipient of such articles.''.]
        [(c) Effect on Other Authorities.--Section 203 of the NATO
    Participation Act of 1994 (title II of Public Law 103-447, 22 U.S.C.
    1928 note), is amended to add a new subsection (g) to read as follows:
        ``(g) Effect on Other Authorities.--Nothing in this Act shall affect
    the eligibility of countries to participate under other provisions of
    law in programs described in this Act.''.]
        [(d) Annual Report.--Section 205 of the NATO Participation Act of
    1994 (title II of Public Law 103-447; 22 U.S.C. 1928 note) is amended:
            (1) by inserting ``ANNUAL'' in the section heading before the
        first word;

    [[Page 126]]

            (2) by inserting ``annual'' after ``include in the'' in the
        matter preceding paragraph (1); and
            (3) in paragraphs (1) and (2), by striking ``and other'' and all
        that follows through the period at the end and in both instances
        inserting in lieu thereof ``and any other country designated by the
        President pursuant to section 203(d).''.]

             [TITLE VI--MIDDLE EAST PEACE FACILITATION ACT OF 1995]

                                  [Short Title]

        [Sec. 601. This title may be cited as the ``Middle East Peace
    Facilitation Act of 1995''.]

                                   [Findings]

        [Sec. 602. The Congress finds that--
            (1) the Palestine Liberation Organization (hereafter the
        ``P.L.O.'') has recognized the State of Israel's right to exist in
        peace and security, accepted United Nations Security Council
        Resolutions 242 and 338, committed itself to the peace process and
        peaceful coexistence with Israel, free from violence and all other
        acts which endanger peace and stability, and assumed responsibility
        over all P.L.O. elements and personnel in order to assure their
        compliance, prevent violations, and discipline violators;
            (2) Israel has recognized the P.L.O. as the representative of
        the Palestinian people;
            (3) Israel and the P.L.O. signed a Declaration of Principles on
        Interim Self-Government Arrangements (hereafter the ``Declaration of
        Principles'') on September 13, 1993 at the White House;
            (4) Israel and the P.L.O. signed an Agreement on the Gaza Strip
        and the Jericho Area (hereafter the ``Gaza-Jericho Agreement'') on
        May 4, 1994 which established a Palestinian Authority for the Gaza
        and Jericho areas;
            (5) Israel and the P.L.O. signed an Agreement on Preparatory
        Transfer of Powers and Responsibilities (hereafter the ``Early
        Empowerment Agreement'') on August 29, 1994 which provided for the
        transfer to the Palestinian Authority of certain powers and
        responsibilities in the West Bank outside of the Jericho Area;
            (6) under the terms of the Israeli-Palestinian Interim Agreement
        on the West Bank and Gaza (hereafter the ``Interim Agreement) signed
        on September 28, 1995, the Declaration of Principles, the Gaza-
        Jericho Agreement and the Early Empowerment Agreement, the powers
        and responsibilities of the Palestinian Authority are to be assumed
        by an elected Palestinian Council with jurisdiction in the West Bank
        and Gaza Strip in accordance with the Interim Agreement;
            (7) permanent status negotiations relating to the West Bank and
        Gaza Strip are scheduled to begin by May 1996;
            (8) the Congress has, since the conclusion of the Declaration of
        Principles and the P.L.O.'s renunciation of terrorism, provided
        authorities to the President to suspend certain statutory
        restrictions relating to the P.L.O., subject to Presidential
        certifications that the P.L.O. has continued to abide by commitments
        made in and in connection with or resulting from the good faith
        implementation of, the Declaration of Principles;
            (9) the P.L.O. commitments relevant to Presidential
        certifications have included commitments to renounce and condemn
        terrorism, to submit to the Palestinian National Council for former
        approval the necessary changes to those articles of the Palestinian
        Covenant which call for Israel's destruction, and to prevent acts of
        terrorism and hostilities against Israel; and
            (10) the United States is resolute in its determination to
        ensure that in providing assistance to Palestinians living under the
        jurisdiction of the Palestinian Authority or elsewhere, the
        beneficiaries of such assistance shall be held to the same standard
        of financial accountability and management control as any other
        recipient of United States assistance.]

                               [Sense of Congress]

        [Sec. 603. It is the sense of the Congress that the P.L.O. must do
    far more to demonstrate an irrevocable denunciation of terrorism and
    ensure a peaceful settlement of the Middle East dispute, and in
    particular it must--
            (1) submit to the Palestinian National Council for formal
        approval the necessary changes to those articles of the Palestinian
        National Covenant which call for Israel's destruction;
            (2) make greater efforts to pre-empt acts of terror, discipline
        violators and contribute to stemming the violence that has resulted
        in the deaths of over 140 Israeli and United States citizens since
        the signing of the Declaration of Principles;
            (3) prohibit participation in its activities and in the
        Palestinian Authority and its successors by any groups or
        individuals which continue to promote and commit acts of terrorism;
            (4) cease all anti-Israel rhetoric, which potentially undermines
        the peace process;
            (5) confiscate all unlicensed weapons;
            (6) transfer and cooperate in transfer proceedings relating to
        any person accused by Israel to acts of terrorism; and
            (7) respect civil liberties, human rights and democratic norms.]

                    [Authority To Suspend Certain Provisions]

        [Sec. 604. (a) In General.--Subject to subsection (b), beginning on
    the date of enactment of this Act and for eighteen months thereafter,
    the President may suspend for a period of not more than 6 months at a
    time any provision of law specified in subsection (d). Any such
    suspension shall cease to be effective after 6 months, or at such
    earlier date as the President may specify.]
        [(b) Conditions.--
            (1) Consultations.--Prior to each exercise of the authority
        provided in subsection (a) or certification pursuant to subsection
        (c), the President shall consult with the relevant congressional
        committees. The President may not exercise that authority or make
        such certification until 30 days after a written policy
        justification is submitted to the relevant congressional committees.
            (2) Presidential certification.--The President may exercise the
        authority provided in subsection (a) only if the President certifies
        to the relevant congressional committees each time he exercises such
        authority that--
                (A) it is in the national interest of the United States to
            exercise such authority;
                (B) the P.L.O., the Palestinian Authority, and successor
            entities are complying with all the commitments described in
            paragraph (4); and
                (C) funds provided pursuant to the exercise of this
            authority and the authorities under section 583(a) of Public Law
            103-236 and section 3(a) of Public Law 103-125 have been used
            for the purposes for which they were intended.
            (3) Requirement for continuing p.l.o. compliance.--
                (A) The President shall ensure that P.L.O. performance is
            continuously monitored and if the President at any time
            determines that the P.L.O. has not continued to comply with all
            the commitments described in paragraph (4), he shall so notify
            the relevant congressional committees and any suspension under
            subsection (a) of a provision of law specified in subsection (d)
            shall cease to be effective.
                (B) Beginning six months after the date of enactment of this
            Act, if the President on the basis of the continuous monitoring
            of the P.L.O.'s performance determines that the P.L.O. is not
            complying with the requirements described in subsection (c), he
            shall so notify the relevant congressional committees and no
            assistance shall be provided pursuant to the exercise by the
            President of the authority provided by subsection (a) until such
            time as the President makes the certification provided for in
            subsection (c).
            (4) P.L.O. commitments described.--The commitments referred to
        in paragraphs (2)(B) and (3)(A) are the commitments made by the
        P.L.O.--
                (A) in its letter of September 9, 1993, to the Prime
            Minister of Israel; in its letter of September 9, 1993, to the
            Foreign Minister of Norway to--
                    (i) recognize the right of the State of Israel to exist
                in peace and security;
                    (ii) accept United Nations Security Council Resolutions
                242 and 338;
                    (iii) renounce the use of terrorism and other acts of
                violence;
                    (iv) assume responsibility over all P.L.O. elements and
                personnel in order to assure their compliance, prevent
                violations and discipline violators;
                    (v) call upon the Palestinian people in the West Bank
                and Gaza Strip to take part in the steps leading to the
                normalization of life, rejecting violence and terrorism, and
                contributing to peace and stability; and
                    (vi) submit to the Palestine National Council for formal
                approval the necessary changes to the Palestinian National
                Covenant eliminating calls for Israel's destruction, and

    [[Page 127]]

                (B) in, and resulting from, the good faith implementation of
            the Declaration of Principles, including good faith
            implementation of subsequent agreements with Israel, with
            particular attention to the objective of preventing terrorism,
            as reflected in the provisions of the Interim Agreement
            concerning--
                    (i) prevention of acts of terrorism and legal measures
                against terrorists, including the arrest and prosecution of
                individuals suspected of perpetrating acts of violence and
                terror;
                    (ii) abstention from and prevention of incitement,
                including hostile propaganda;
                    (iii) operation of armed forces other than the
                Palestinian Police;
                    (iv) possession, manufacture, sale, acquisition or
                importation of weapons;
                    (v) employment of police who have been convicted of
                serious crimes or have been found to be actively involved in
                terrorist activities subsequent to their employment;
                    (vi) transfers to Israel of individuals suspected of,
                charged with, or convicted of an offense that falls within
                Israeli criminal jurisdiction;
                    (vii) cooperation with the government of Israel in
                criminal matters, including cooperation in the conduct of
                investigations; and
                    (viii) exercise of powers and responsibilities under the
                agreement with due regard to internationally accepted norms
                and principles of human rights and the rule of law.
            (5) Policy justification.--As part of the President's written
        policy justification to be submitted to the relevant Congressional
        Committees pursuant to paragraph (1), the President will report on--
                (A) the manner in which the P.L.O. has complied with the
            commitments specified in paragraph (4), including responses to
            individual acts of terrorism and violence, actions to discipline
            perpetrators of terror and violence, and actions to preempt acts
            of terror and violence;
                (B) the extent to which the P.L.O. has fulfilled the
            requirements specified in subsection (c);
                (C) actions that the P.L.O. has taken with regard to the
            Arab League boycott of Israel;
                (D) the status and activities of the P.L.O. office in the
            United States;
                (E) all United States assistance which benefits, directly or
            indirectly, the projects, programs, or activities of the
            Palestinian Authority in Gaza, Jericho, or any other area it may
            control, since September 13, 1993, including--
                    (i) the obligation and disbursal of such assistance, by
                project, activity, and date, as well as by prime contractor
                and all subcontractors;
                    (ii) the organizations or individuals responsible for
                the receipt and obligation of such assistance;
                    (iii) the intended beneficiaries of such assistance; and
                    (iv) the amount of international donor funds that
                benefit the P.L.O. or the Palestinian Authority in Gaza,
                Jericho, or any other area the P.L.O. or the Palestinian
                Authority may control, and to which the United States is a
                contributor; and
                (F) statements by senior officials of the P.L.O., the
            Palestinian Authority, and successor entities that question the
            right of Israel to exist or urge armed conflict with or
            terrorism against Israel or its citizens, including an
            assessment of the degree to which such statements reflect
            official policy of the P.L.O., the Palestinian Authority, or
            successor entities.]
        [(c) Requirement for Continued Provision of Assistance.--Six months
    after the enactment of this Act, United States assistance shall not be
    provided pursuant to the exercise by the President of the authority
    provided by subsection (a), unless and until the President determines
    and so certifies to the Congress that--
            (1) if the Palestinian Council has been elected and assumed its
        responsibilities, it has, within 2 months, effectively disavowed and
        thereby nullified the articles of the Palestine National Covenant
        which call for Israel's destruction, unless the necessary changes to
        the Covenant have already been approved by the Palestine National
        Council;
            (2) the P.L.O., the Palestinian Authority, and successor
        entities have exercised their authority resolutely to establish the
        necessary enforcement institutions; including laws, police, and a
        judicial system, for apprehending, transferring, prosecuting,
        convicting, and imprisoning terrorists;
            (3) the P.L.O., has limited participation in the Palestinian
        Authority and its successors to individuals and groups that neither
        engage in nor practice terrorism or violence in the implementation
        of their political goals;
            (4) the P.L.O., the Palestinian Authority, and successor
        entities have not provided any financial or material assistance or
        training to any group, whether or not affiliated with the P.L.O., to
        carry out actions inconsistent with the Declaration of Principles,
        particularly acts of terrorism against Israel;
            (5) the P.L.O., the Palestinian Authority, or successor entities
        have cooperated in good faith with Israeli authorities in--
                (A) the preemption of acts of terrorism;
                (B) the apprehension, trial, and punishment of individuals
            who have planned or committed terrorist acts subject to the
            jurisdiction of the Palestinian Authority or any successor
            entity; and
                (C) the apprehension of and transfer to Israeli authorities
            of individuals suspected of, charged with, or convicted of,
            planning or committing terrorist acts subject to Israeli
            jurisdiction in accordance with the specific provisions of the
            Interim Agreement;
            (6) the P.L.O., the Palestinian Authority, and successor
        entities have exercised their authority resolutely to enact and
        implement laws requiring the disarming of civilians not specifically
        licensed to possess or carry weapons;
            (7) the P.L.O., the Palestinian Authority, and successor
        entities have not funded, either partially or wholly, or have ceased
        funding, either partially or wholly, any office, or other presence
        of the Palestinian Authority in Jerusalem unless established by
        specific agreement between Israel and the P.L.O., the Palestinian
        Authority, or successor entities;
            (8) the P.L.O., the Palestinian Authority, and successor
        entities are cooperating fully with the Government of the United
        States on the provision of information on United States nationals
        known to have been held at any time by the P.L.O. or factions
        thereof; and
            (9) the P.L.O., the Palestinian Authority, and successor
        entities have not, without the agreement of the Government of
        Israel, taken any steps that will change the status of Jerusalem or
        the West Bank and Gaza Strip, pending the outcome of the permanent
        status negotiations.]
        [(d) Provisions That May Be Suspended.--The provisions that may be
    suspended under the authority of subsection (a) are the following:
            (1) Section 307 of the Foreign Assistance Act of 1961 (22 U.S.C.
        2227) as it applies with respect to the P.L.O. or entities
        associated with it.
            (2) Section 114 of the Department of State Authorization Act,
        fiscal years 1984 and 1985 (22 U.S.C. 287e note) as it applies with
        respect to the P.L.O. or entities associated with it.
            (3) Section 1003 of the Foreign Relations Authorization Act,
        fiscal years 1988 and 1989 (22 U.S.C. 5202).
            (4) Section 37 of the Bretton Woods Agreement Act (22 U.S.C.
        286W) as it applies on the granting to the P.L.O. of observer status
        or other official status at any meeting sponsored by or associated
        with the International Monetary Fund. As used in this paragraph, the
        term ``other official status'' does not include membership in the
        International Monetary Fund.]
        [(e) Definitions.--As used in this title:
            (1) Relevant congressional committees.--The term ``relevant
        congressional committees'' mean--
                (A) the Committee on International Relations, the Committee
            on Banking and Financial Services, and the Committee on
            Appropriations of the House of Representatives; and
                (B) the Committee on Foreign Relations and the Committee on
            Appropriations of the Senate.
            (2) United states assistance.--The term ``United States
        assistance'' means any form of grant, loan, loan guarantee, credit,
        insurance, in kind assistance, or any other form of assistance.]

                             [Transition Provision]

        [Sec. 605. (a) In General.--Section 583(a) of the Foreign Relations
    Authorization Act, Fiscal Years 1994 and 1995 (Public Law 103-236) is
    amended by striking ``November 1, 1995'' and inserting ``January 1,
    1996''.]
        [(b) Consultation.--For purposes of any exercise of the authority
    provided in section 583(a) of the Foreign Relations Authorization Act,
    Fiscal Years 1994 and 1995 (Public Law 103-236) prior to November 15,
    1995, the written policy justification dated June 1, 1995, and submitted
    to the Congress in accordance with section 583(b)(1)

    [[Page 128]]
    of such Act, and the consultations associated with such policy
    justification, shall be deemed to satisfy the requirements of section
    583(b)(1) of such Act.]

                             [Reporting Requirement]

        [Sec. 606. Section 804(b) of the PLO Commitments Compliance Act of
    1989 (title VIII of Public Law 101-246) is amended--
            (1) in the matter preceding paragraph (1), by striking ``section
        (3)(b)(1) of the Middle East Peace Facilitation Act of 1994'' and
        inserting ``section 604(b)(1) of the Middle East Peace Facilitation
        Act of 1995''; and
            (2) in paragraph (1), by striking ``section (4)(a) of the Middle
        East Peace Facilitation Act of 1994 (Oslo commitments)'' and
        inserting ``section 604(b)(4) of the Middle East Peace Facilitation
        Act of 1995''.] (Foreign Operations, Export Financing, and Related
        Programs Appropriation Act, 1996.)