[Appendix]
[Detailed Budget Estimates by Agency]
[International Assistance Program]
[From the U.S. Government Printing Office, www.gpo.gov]


[[Page 979]]


                    INTERNATIONAL ASSISTANCE PROGRAMS

 
                    INTERNATIONAL SECURITY ASSISTANCE

                              Federal Funds

General and special funds:

                          Economic Support Fund

    For necessary expenses to carry out the provisions of chapter 4 of 
part II, [$2,367,000,000] $2,389,000,000, to remain available until 
[September 30, 2000: Provided, That of the funds appropriated under this 
heading, not less than $1,080,000,000 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, 1998, whichever is later: Provided further, That not less 
than $775,000,000 shall be available only for Egypt, which sum shall be 
provided on a grant basis, and of which sum cash transfer assistance 
shall be provided with the understanding that Egypt will undertake 
significant economic reforms which are additional to those which were 
undertaken in previous fiscal years: Provided further, That in 
exercising the authority to provide cash transfer assistance for Israel, 
the President shall ensure that the level of such assistance does not 
cause an adverse impact on the total level of nonmilitary exports from 
the United States to such country: Provided further, That of the funds 
appropriated under this heading, not less than $150,000,000 should be 
made available for assistance for Jordan: Provided further, That 
notwithstanding any other provision of law,] expended, of which not to 
exceed [$10,000,000] $11,000,000 may be used, notwithstanding any other 
provision of law, to support victims of the Holocaust. (Foreign 
Operations, Export Financing, and Related Programs Appropriation Act, 
1999, as included in Public Law 105-277, section 101(d).)
    [Notwithstanding section 10 of Public Law 91-672, for an additional 
amount for ``Economic Support Fund'' for assistance for Kenya and 
Tanzania, $50,000,000, to remain available until September 30, 2000: 
Provided, That the entire amount is designated by the Congress as an 
emergency requirement pursuant to section 251(b)(2)(A) of the Balanced 
Budget and Emergency Deficit Control Act of 1985, as amended: Provided 
further, That funds appropriated under this paragraph may be made 
available for administrative costs associated with assistance provided 
under this paragraph: Provided further, That $2,500,000 shall be 
transferred to and merged with ``Operating Expenses of the Agency for 
International Development'' for security and related expenses: Provided 
further, That $1,269,000 shall be transferred to and merged with ``Peace 
Corps'' for security and related expenses: Provided further, That the 
transfers authorized in the preceding provisos shall be in addition to 
sums otherwise available for such purposes: Provided further, That funds 
appropriated under this paragraph shall only be available through the 
regular notification procedures of the Committees on Appropriations.] 
(Omnibus Consolidated and Emergency Supplemental Appropriations Act, 
1999, Public Law 105-277, Division B, Title II, chapter 3.)

                    [International Fund for Ireland]

    [For necessary expenses to carry out the provisions of chapter 4 of 
part II of the Foreign Assistance Act of 1961, $19,600,000, which shall 
be available for the United States contribution to the International 
Fund for Ireland and shall be made available in accordance with the 
provisions of the Anglo-Irish Agreement Support Act of 1986 (Public Law 
99-415): Provided, That such amount shall be expended at the minimum 
rate necessary to make timely payment for projects and activities: 
Provided further, That funds made available under this heading shall 
remain available until September 30, 2000.] (Foreign Operations, Export 
Financing, and Related Programs Appropriation Act, 1999, as included in 
Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1037-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations.............       2,430       2,684       2,389
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         233         251
22.00 New budget authority (gross)......       2,435       2,433       2,389
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................          14
22.21 Unobligated balance transferred to 
        other accounts..................          -1
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......       2,681       2,684       2,389
23.95 Total new obligations.............      -2,430      -2,684      -2,389
24.40 Unobligated balance available, end 
        of year.........................         251
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................       2,420       2,437       2,389
41.00 Transferred to other accounts.....         -20          -4
42.00 Transferred from other accounts...          35
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........       2,435       2,433       2,389
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year       2,976       2,958       3,455
73.10 Total new obligations.............       2,430       2,684       2,389
73.20 Total outlays (gross).............      -2,461      -2,187      -2,198
73.40 Adjustments in expired accounts...          27
73.45 Adjustments in unexpired accounts.         -14
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..       2,958       3,455       3,646
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority       1,285       1,175       1,032
86.93 Outlays from current balances.....       1,176       1,012       1,164
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........       2,461       2,187       2,198
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................       2,435       2,433       2,389
90.00 Outlays...........................       2,461       2,187       2,198
---------------------------------------------------------------------------

                 Summary of Budget Authority and Outlays

                        (in millions of dollars)

                                     1998 actual  1999 est.   2000 est.
Enacted/requested:
  Budget Authority..................       2,435       2,433       2,389
  Outlays...........................       2,461       2,187       2,196
Supplemental proposal:
  Budget Authority..................                     200         150
  Outlays...........................                      14          73
                                    ------------------------------------
Total:
  Budget Authority..................       2,435       2,633       2,539
  Outlays...........................       2,461       2,201       2,269
                                    ====================================

    This account supports U.S. foreign policy objectives by providing 
economic assistance to allies and countries in transition to democracy, 
supporting the Middle East peace process, and financing economic 
stabilization programs, frequently in a multi-donor context. Key 
objectives include:

    (1) Supporting strategically significant friends and allies through 
assistance designed to increase the role of the private sector in the 
economy, reduce government controls over markets, enhance job creation, 
and improve economic growth.

    (2) Developing and strengthening institutions necessary for 
sustainable democracy. Typical areas of assistance include technical 
assistance to administer and monitor elections, capacity-building for 
non-governmental organizations, judicial training, and women's 
participation in politics. Assistance is also provided to support the 
transformation of the public sector to encourage democratic development, 
including training to improve public administration, promote 
decentralization, strengthen local governments, parliaments, independent 
media and non-governmental organizations.

[[Page 980]]

    (3) Strengthening the capacity to manage the human dimension of the 
transition to democracy and a market econ- omy, and to help sustain the 
neediest sectors of the population during the transition period.

    Haiti.--The Administration is requesting a total of $70,000,000 out 
of the total ESF appropriation for Haiti. Haiti is at a pivotal juncture 
in its efforts to make the transformation to a democratic form of 
government and a free market economy.

    Holocaust Victims Relief.--This is a contribution toward the three-
year U.S. Government donation (not to exceed $25 million) for a 
multilateral program of financial relief to certain victims of Nazi 
persecution during World War II. Grants from the fund will be provided 
through approved non-governmental organizations with established 
administrative and organizational infrastructure to ensure the 
contributions are utilized only for the relief of living victims, who 
have to date received little or no relief and currently live below the 
poverty line in their country of residence.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1037-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

25.2    Other services..................           8           8           8
41.0    Grants, subsidies, and 
          contributions.................       2,389       2,676       2,381
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..       2,397       2,684       2,389
41.0  Allocation Account: Grants, 
        subsidies, and contributions....          33
                                           ---------   ---------  ----------
99.9    Total new obligations...........       2,430       2,684       2,389
---------------------------------------------------------------------------

                                

                   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, 
[$3,330,000,000] $3,430,000,000: Provided, [That of the funds 
appropriated under this heading, not less than $1,860,000,000 shall be 
available for grants only for Israel, and not less than $1,300,000,000 
shall be made available for grants only for Egypt: Provided further,] 
That [the] funds [appropriated by] made available under this paragraph 
for Israel and up to $470,000,000 made available under this paragraph 
for Egypt, shall be disbursed within thirty days of enactment of this 
Act or by October 31, [1998] 1999, 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 
$490,000,000 shall be available for the procurement in Israel of defense 
articles and defense services, including research and development: 
Provided further, That of the funds appropriated by this paragraph, not 
less than $45,000,000 should be available for assistance for Jordan: 
Provided further, That during fiscal year 1999 the President is 
authorized to, and shall, direct drawdowns of defense articles from the 
stocks of the Department of Defense, defense services of the Department 
of Defense, and military education and training of an aggregate value of 
not less than $25,000,000 under the authority of this proviso for Jordan 
for the purposes of part II of the Foreign Assistance Act of 1961: 
Provided further, That section 506(c) of the Foreign Assistance Act of 
1961 shall apply, and section 632(d) of the Foreign Assistance Act of 
1961 shall not apply, to any such drawdown: Provided further, That none 
of the funds made available under this heading shall be available for 
any non-NATO country participating in the Partnership for Peace Program 
except through the regular notification procedures of the Committees on 
Appropriations: Provided further, That of the funds appropriated by this 
paragraph, not less than $7,000,000 shall be made available for 
assistance for Tunisia: Provided further, That during fiscal year 1999, 
the President is authorized to, and shall, direct the drawdowns of 
defense articles from the stocks of the Department of Defense, defense 
services of the Department of Defense, and military education and 
training of an aggregate value of not less than $5,000,000 under the 
authority of this proviso for Tunisia for the purposes of part II of the 
Foreign Assistance Act of 1961 and any amount so directed shall count 
toward meeting the earmark in the previous proviso: Provided further, 
That section 506(c) of the Foreign Assistance Act of 1961 shall apply 
and section 632(d) of the Foreign Assistance Act of 1961 shall not apply 
to any such drawdown: Provided further,] That funds appropriated by this 
paragraph shall be nonrepayable notwithstanding any requirement in 
section 23 of the Arms Export Control Act: Provided further, That funds 
made available under this [heading] paragraph shall be obligated upon 
apportionment in accordance with paragraph (5)(C) of title 31, United 
States Code, section 1501(a).
    [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, $20,000,000: Provided, 
That these funds are available to subsidize gross obligations for the 
principal amount of direct loans of not to exceed $167,000,000].
    None of the funds made available under this heading shall be 
available to finance the procurement of defense articles, defense 
services, or design and construction services that are not sold by the 
United States Government under the Arms Export Control Act unless the 
foreign country proposing to make such procurements has first signed an 
agreement with the United States Government specifying the conditions 
under which such procurements may be financed with such funds: Provided, 
[That all country and funding level increases in allocations shall be 
submitted through the regular notification procedures of section 515 of 
this Act: Provided further, That none of the funds appropriated under 
this heading shall be available for assistance for Sudan and Liberia: 
Provided further,] That funds made available under this heading may be 
used, notwithstanding any other provision of law, for demining, the 
clearance of unexploded ordnance, and related activities, and may 
include activities implemented through nongovernmental and international 
organizations: Provided further, [That none of the funds under this 
heading shall be available for assistance for Guatemala: Provided 
further,] That only those countries for which assistance was justified 
for the ``Foreign Military Sales Financing Program'' in the fiscal year 
1989 congressional presentation for security assistance programs may 
utilize funds made available under this heading for procurement of 
defense articles, defense services or design and construction services 
that are not sold by the United States Government under the Arms Export 
Control Act: Provided further, That[, subject to the regular 
notification procedures of the Committees on Appropriations, funds made 
available under this heading for the cost of direct loans may also be 
used to supplement the funds available under this heading for grants, 
and funds made available under this heading for grants may also be used 
to supplement the funds available under this heading for the cost of 
direct loans: Provided further, That] funds appropriated under this 
heading shall be expended at the minimum rate necessary to make timely 
payment for defense articles and services: Provided further, That not 
more than [$29,910,000] $30,000,000 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 
[$340,000,000] $330,000,000 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 [1999] 2000 
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, 1999, as 
included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1082-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct Program Activity--Country 
        Program.........................       3,318       3,300       3,400
00.02 Direct Program Activity--
        Administrative Expenses.........          29          30          30
                                           ---------   ---------  ----------
01.92   Total Direct Obligations........       3,347       3,330       3,430
09.01 Reimbursable program NADR Demining           2
09.02 Reimbursable program (country 
        grants funded by sales receipts)           2
                                           ---------   ---------  ----------

[[Page 981]]


09.99   Total reimbursable program......           4
                                           ---------   ---------  ----------
10.00   Total new obligations...........       3,351       3,330       3,430
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......       3,351       3,330       3,430
23.95 Total new obligations.............      -3,351      -3,330      -3,430
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................       3,296       3,330       3,430
42.00   Transferred from other accounts.          51
                                           ---------   ---------  ----------
43.00     Appropriation (total).........       3,347       3,330       3,430
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           4
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................       3,351       3,330       3,430
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year       2,110       2,339       2,435
73.10 Total new obligations.............       3,351       3,330       3,430
73.20 Total outlays (gross).............      -3,122      -3,233      -3,157
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..       2,339       2,435       2,708
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority       1,864       1,899       1,961
86.93 Outlays from current balances.....       1,258       1,332       1,195
86.98 Outlays from permanent balances...                       3           1
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........       3,122       3,233       3,157
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.40     Non-Federal sources...........          -2
88.45     Offsetting governmental 
            collections.................          -2
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........          -4
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................       3,347       3,330       3,430
90.00 Outlays...........................       3,118       3,233       3,157
---------------------------------------------------------------------------

                 Summary of Budget Authority and Outlays

                        (in millions of dollars)

                                     1998 actual  1999 est.   2000 est.
Enacted/requested:
  Budget Authority..................       3,347       3,330       3,430
  Outlays...........................       3,118       3,234       3,157
Supplemental proposal:
  Budget Authority..................                     700         350
  Outlays...........................                     607         334
                                    ------------------------------------
Total:
  Budget Authority..................       3,347       4,030       3,780
  Outlays...........................       3,118       3,841       3,491
                                    ====================================

    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. The $470,000,000 
requested for early disbursement for Egypt equals the average potential 
U.S. liability if outstanding Egyptian FMS contracts were cancelled.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1082-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

25.2    Other services..................          29          30          30
41.0    Grants, subsidies, and 
          contributions.................       3,318       3,300       3,400
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..       3,347       3,330       3,430
99.0  Reimbursable obligations..........           4
                                           ---------   ---------  ----------
99.9    Total new obligations...........       3,351       3,330       3,430
---------------------------------------------------------------------------

                                

              International Military Education and Training

    For necessary expenses to carry out the provisions of section 541 of 
the Foreign Assistance Act of 1961, [$50,000,000] $52,000,000 of which 
up to $1,000,000 may remain available until expended: Provided, That the 
civilian personnel for whom military education and training may be 
provided under this heading may include civilians who are not members of 
a government whose participation would contribute to improved civil-
military relations, civilian control of the military, or respect for 
human rights[: Provided further, That funds appropriated under this 
heading for grant financed military education and training for Indonesia 
and Guatemala may only be available for expanded international military 
education and training and funds made available for Guatemala may only 
be provided through the regular notification procedures of the 
Committees on Appropriations: Provided further, That none of the funds 
appropriated under this heading may be made available to support grant 
financed military education and training at the School of the Americas 
unless the Secretary of Defense certifies that the instruction and 
training provided by the School of the Americas is fully consistent with 
training and doctrine, particularly with respect to the observance of 
human rights, provided by the Department of Defense to United States 
military students at Department of Defense institutions whose primary 
purpose is to train United States military personnel]. (Foreign 
Operations, Export Financing, and Related Programs Appropriation Act, 
1999, as included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1081-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations.............          50          50          52
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          50          50          52
23.95 Total new obligations.............         -50         -50         -52
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          50          50          52
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          35          41          40
73.10 Total new obligations.............          50          50          52
73.20 Total outlays (gross).............         -41         -51         -52
73.40 Adjustments in expired accounts...          -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          41          40          40
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          22          25          26
86.93 Outlays from current balances.....          19          26          26
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          41          51          52
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          50          50          52
90.00 Outlays...........................          41          51          52
---------------------------------------------------------------------------

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

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1081-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
26.0  Supplies and materials............           5           5           5
41.0  Grants, subsidies, and 
        contributions...................          45          45          47
                                           ---------   ---------  ----------
99.9    Total new obligations...........          50          50          52
---------------------------------------------------------------------------

[[Page 982]]



                                

                  Military-to-Military Contact Program

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1084-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

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

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

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

    This program financed expenses associated with direct contacts 
between U.S. military and the military establishments of Eastern Europe 
and the Baltic and Pacific regions.

                                

                         Peacekeeping Operations

    For necessary expenses to carry out the provisions of section 551 of 
the Foreign Assistance Act of 1961, [$76,500,000: Provided, That none of 
the funds appropriated under this heading shall be obligated or expended 
except as provided through the regular notification procedures of the 
Committees on Appropriations] $130,000,000. (Foreign Operations, Export 
Financing, and Related Programs Appropriations Act, 1999, as included in 
Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1032-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct Program Activity...........          84          77         130
09.00 Reimbursable program..............           4
                                           ---------   ---------  ----------
10.00   Total new obligations...........          88          77         130
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          88          77         130
23.95 Total new obligations.............         -88         -77        -130
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................          78          77         130
41.00   Transferred to other accounts...          -3
42.00   Transferred from other accounts.           9
                                           ---------   ---------  ----------
43.00     Appropriation (total).........          84          77         130
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           4
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................          88          77         130
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          41          38          37
73.10 Total new obligations.............          88          77         130
73.20 Total outlays (gross).............         -89         -78        -114
73.40 Adjustments in expired accounts...          -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          38          37          53
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          60          53          90
86.93 Outlays from current balances.....          25          25          24
86.97 Outlays from new permanent 
        authority.......................           4
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          89          78         114
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............          -2
88.40     Non-Federal sources...........          -2
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........          -4
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          84          77         130
90.00 Outlays...........................          85          78         114
---------------------------------------------------------------------------

    This account funds U.S. assistance to international efforts to 
monitor and maintain the peace in areas of special concern to the United 
States and provides funds to other related programs carried out in 
furtherance of the national security interests of the United States. In 
2000, contributions are planned for the Multinational Force and 
Observers in the Sinai, Europe, Africa, OSCE activities in Bosnia, 
Croatia, and Kosovo and other regional programs, and other activities.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1032-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
41.0  Direct obligations: Grants, 
        subsidies, and contributions....          84          77         130
99.0  Reimbursable obligations: 
        Subtotal, reimbursable 
        obligations.....................           4
                                           ---------   ---------  ----------
99.9    Total new obligations...........          88          77         130
---------------------------------------------------------------------------

                                

     Nonproliferation, Anti-Terrorism, Demining and Related Programs

    For necessary expenses for nonproliferation, anti-terrorism and 
related programs and activities, [$198,000,000] $231,000,000, to carry 
out the provisions of chapter 8 of part II of the Foreign Assistance Act 
of 1961 for anti-terrorism assistance, section 504 of the FREEDOM 
Support Act for the Nonproliferation and Disarmament Fund, section 23 of 
the Arms Export Control Act or the Foreign Assistance Act of 1961 for 
demining activities, the clearance of unexploded ordnance, and related 
activities, notwithstanding any other provision of law, including 
activities implemented through nongovernmental and international 
organizations, section 301 of the Foreign Assistance Act of 1961 for a 
voluntary contribution to the International Atomic Energy Agency (IAEA) 
and a voluntary contribution to the Korean Peninsula Energy Development 
Organization (KEDO), and for a United States contribution to the 
Comprehensive Nuclear Test Ban Treaty Preparatory Commission: Provided, 
[That the Secretary of State shall inform the Committees on 
Appropriations at least twenty days prior to the obligation of funds for 
the Comprehensive Nuclear Test Ban Treaty Preparatory Commission: 
Provided further,] That of this amount not to exceed $15,000,000, to 
remain available until expended, may be made available for the 
Nonproliferation and Disarmament Fund, notwithstanding any other 
provision of law, to promote bilateral and multilateral activities 
relating to nonproliferation and disarmament: Provided further, That 
such funds may also be used for such countries other than the New 
Independent States of the former Soviet Union and international 
organizations when it is in the national security interest of the United 
States to do so: [Provided further, That such funds shall be subject to 
the regular notification procedures of the Committees on Appropriations: 
Provided further, That of the funds appropriated under this heading not 
less than $35,000,000 should be made available for demining, clearance 
of unexploded ordnance, and related activities:] Provided further, That 
of the funds made available for demining and related activities, not to 
exceed $500,000, in addition to funds otherwise available for such 
purposes, may be used for expenses related to the operation and 
management of the demining program[: 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]. 
(Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)
    [Notwithstanding section 15 of the State Department Basic 
Authorities Act of 1956 and section 10 of Public Law 91-672, for an

[[Page 983]]

additional amount for ``Nonproliferation, Anti-Terrorism, Demining and 
Related Programs'' for anti-terrorism assistance, $20,000,000, to remain 
available until September 30, 2000: Provided, That the entire amount is 
designated by the Congress as an emergency requirement pursuant to 
section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit 
Control Act of 1985, as amended.] (Omnibus Consolidated and Emergency 
Supplemental Appropriations Act, 1999, Public Law 105-277, Division B, 
Title II, chapter 3.)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1075-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Comprehensive test ban treaty 
        prepcom.........................                      29          20
00.02 Demining..........................          24          49          40
00.03 Export control....................           3           5          15
00.04 Nonproliferation and disarmament 
        assistance......................          10          22          15
00.05 Anti-terrorism assistance.........          19          41          33
00.06 IAEA voluntary contribution.......          36          40          43
00.07 KEDO payment......................          45          35          55
00.08 Science centers in NIS............          15           5
00.09 Unallocated.......................                      18
00.11 Counter-Terrorism.................                                  10
09.01 Reimbursable program..............           4           4           4
                                           ---------   ---------  ----------
10.00   Total new obligations...........         156         248         235
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           1          27           1
22.00 New budget authority (gross)......         182         222         235
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         183         249         236
23.95 Total new obligations.............        -156        -248        -235
24.40 Unobligated balance available, end 
        of year.........................          27           1           1
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................         133         198         231
40.15   Appropriation (emergency).......          14          20
42.00   Transferred from other accounts.          27
                                           ---------   ---------  ----------
43.00     Appropriation (total).........         174         218         231
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           8           4           4
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................         182         222         235
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          36          72         118
73.10 Total new obligations.............         156         248         235
73.20 Total outlays (gross).............        -120        -202        -218
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          72         118         135
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          93         142         150
86.93 Outlays from current balances.....          23          56          63
86.97 Outlays from new permanent 
        authority.......................           5           3           3
86.98 Outlays from permanent balances...                       2           2
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         120         202         218
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............          -3          -4          -4
88.40     Non-Federal sources...........          -5
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........          -8          -4          -4
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         174         218         231
90.00 Outlays...........................         113         198         214
---------------------------------------------------------------------------

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

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1075-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

21.0    Travel and transportation of 
          persons.......................                       1           1
25.2    Other services..................          78         118         120
31.0    Equipment.......................           3           4           4
41.0    Grants, subsidies, and 
          contributions.................          71         121         106
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..         152         244         231
99.0  Reimbursable obligations..........           4           4           4
                                           ---------   ---------  ----------
99.9    Total new obligations...........         156         248         235
---------------------------------------------------------------------------

                                

            Assistance for Relocation of Facilities in Israel

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1088-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

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

    Change in unpaid obligations:
72.49 Unpaid obligations, start of year: 
        Obligated balance, start of 
        year: Contract authority........           3           3
73.40 Adjustments in expired accounts...                      -3
74.49 Unpaid obligations, end of year: 
        Obligated balance, end of year: 
        Contract authority..............           3
----------------------------------------------------------------------------

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

            Status of Contract Authority (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1088-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
0100  Balance, start of year............           3           3
0360  Adjustments in expired accounts...                      -3
0700  Balance, end of year..............           3
---------------------------------------------------------------------------

    This account shows financial transactions related to the 
construction of two airfields in Israel that were part of the Camp David 
agreement. The 1999 transactions are expected to be the last ones in 
this account.

                                

                 Non-Proliferation and Disarmament Fund

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1071-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations (object 
        class 25.2).....................           5           2
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           5           2
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           1
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......           6           2
23.95 Total new obligations.............          -5          -2
24.40 Unobligated balance available, end 
        of year.........................           2
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          17          11           6
73.10 Total new obligations.............           5           2
73.20 Total outlays (gross).............         -11          -7          -6
73.45 Adjustments in unexpired accounts.          -1
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          11           6
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.93 Outlays from current balances.....          11           7           6
----------------------------------------------------------------------------

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

[[Page 984]]

90.00 Outlays...........................          11           7           6
---------------------------------------------------------------------------

    This account provided financial and technical assistance to support 
nonproliferation and disarmament efforts in foreign countries, including 
education and training, elimination of weapons of mass destruction, and 
development of export control capabilities. Starting in 1997, these 
activities have been funded from the Non-Proliferation, Anti-Terrorism, 
Demining and Related Programs account. This schedule reflects the spend-
out of prior-year obligations.

                                

Credit accounts:

             Foreign Military Financing Loan Program Account

        General Fund Credit Receipt Accounts (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1085-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
0101  Negative subsidies/subsidy 
        reestimates.....................          15           3
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1085-0-1-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................          12          20
00.05 Direct program....................          16           4
00.06 Direct program....................           3           1
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          41.0).........................          31          25
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          31          25
23.95 Total new obligations.............         -31         -25
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................          60          20
41.00   Transferred to other accounts...         -48
                                           ---------   ---------  ----------
43.00     Appropriation (total).........          12          20
      Permanent:

60.05   Appropriation (indefinite)......          19           5
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................          31          25
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         202         181         173
73.10 Total new obligations.............          31          25
73.20 Total outlays (gross).............         -52         -33         -40
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         181         173         133
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.93 Outlays from current balances.....          34          28          40
86.97 Outlays from new permanent 
        authority.......................          19           5
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          52          33          40
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          31          25
90.00 Outlays...........................          52          33          40
---------------------------------------------------------------------------

                 Summary of Budget Authority and Outlays

                        (in millions of dollars)

                                     1998 actual  1999 est.   2000 est.
Enacted/requested:
  Budget Authority..................          31          25
  Outlays...........................          53          33          40
Rescission proposal:
  Budget Authority..................                     -18
  Outlays...........................                     -18
                                    ------------------------------------
Total:
  Budget Authority..................          31           7
  Outlays...........................          53          15          40
                                    ====================================

    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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Direct loan levels supportable by subsidy 
                budget authority:
1150  Direct loan levels................         100         167
                                           ---------   ---------  ----------
1159    Total direct loan levels........         100         167
    Direct loan subsidy (in percent):
1320  Subsidy rate......................       12.34       11.97        0.00
                                           ---------   ---------  ----------
1329    Weighted average subsidy rate...       12.34       11.97        0.00
    Direct loan subsidy budget authority:
1330  Subsidy budget authority..........          31          25
                                           ---------   ---------  ----------
1339    Total subsidy budget authority..          31          25
    Direct loan subsidy outlays:
1340  Subsidy outlays...................          52          33          40
                                           ---------   ---------  ----------
1349    Total subsidy outlays...........          52          33          40
---------------------------------------------------------------------------

                                

        Foreign Military Financing Direct Loan Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4122-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................         100         167
00.02 Direct program....................          18
00.03 Direct program....................         113          94         100
00.04 Direct program....................          13           3
00.05 Direct Program Activity...........           2
                                           ---------   ---------  ----------
10.00   Total new obligations...........         246         264         100
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New financing authority (gross)...         247         264         100
23.95 Total new obligations.............        -246        -264        -100
----------------------------------------------------------------------------

    New financing authority (gross), detail:
67.15 Authority to borrow (indefinite)..         122         145
      Spending authority from offsetting 
          collections:

68.00   Offsetting collections (cash)...         324         413         449
68.10   Change in receivables from 
          program account...............         -22          -8         -40
68.47   Portion applied to debt 
          reduction.....................        -177        -286        -309
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................         125         119         100
                                           ---------   ---------  ----------
70.00   Total new financing authority 
          (gross).......................         247         264         100
----------------------------------------------------------------------------

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

72.40   Obligated balance, start of year       1,692       1,541       1,282
72.95   Receivables from program account         202         180         172
                                           ---------   ---------  ----------
72.99     Total unpaid obligations, 
            start of year...............       1,894       1,721       1,454
73.10 Total new obligations.............         246         264         100
73.20 Total financing disbursements 
        (gross).........................        -419        -530        -570
      Unpaid obligations, end of year:

74.40   Obligated balance, end of year..       1,541       1,282         852
74.95   Receivables from program account         180         172         132
                                           ---------   ---------  ----------
74.99     Total unpaid obligations, end 
            of year.....................       1,721       1,454         984

[[Page 985]]

87.00 Total financing disbursements 
        (gross).........................         419         530         570
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources-subsidy.......         -52         -33         -40
88.25     Interest on uninvested funds..         -27
          Non-Federal sources:
88.40       Non-Federal sources.........        -160        -263        -313
88.40       Non-Federal sources.........         -85        -117         -96
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........        -324        -413        -449
88.95 Change in receivables from program 
        accounts........................          22           8          40
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............         -55        -141        -309
90.00 Financing disbursements...........          95         117         121
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4122-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on obligations:
1111  Limitation on direct loans........         100         167
1112  Unobligated direct loan limitation
                                           ---------   ---------  ----------
1150    Total direct loan obligations...         100         167
----------------------------------------------------------------------------

    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........       1,451       1,582       1,753
1231  Disbursements: Direct loan 
        disbursements...................         291         433         470
1251  Repayments: Repayments and 
        prepayments.....................        -160        -262        -313
                                           ---------   ---------  ----------
1290    Outstanding, end of year........       1,582       1,753       1,910
---------------------------------------------------------------------------

    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    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....         130            169
        Investments in US securities:
1106      Receivables, net..............         202            181           173            133
      Net value of assets related to 
          post-1991 direct loans 
          receivable:

1401    Direct loans receivable, gross..       1,451          1,582         1,753          1,910
1402    Interest receivable.............          16             17            19             20
1405    Allowance for subsidy cost (-)..        -189           -227          -205           -149
                                        ------------ --------------  ------------  -------------
1499      Net present value of assets 
            related to direct loans.....       1,278          1,372         1,567          1,781
1901  Other Federal assets: Other assets       1,562          1,372         1,114            684
                                        ------------ --------------  ------------  -------------
1999    Total assets....................       3,172          3,094         2,854          2,598
    LIABILITIES:
      Federal liabilities:

2103    Debt............................       1,408          1,541         1,568          1,782
2105    Other...........................       1,764          1,553         1,286            816
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............       3,172          3,094         2,854          2,598
    NET POSITION:
3100  Appropriated capital..............
                                        ------------ --------------  ------------  -------------
3999    Total net position..............
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position       3,172          3,094         2,854          2,598
-----------------------------------------------------------------------------------------------

                                

                Foreign Military Loan Liquidating Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4121-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program-Defaults Guaranteed 
        Commercial Bank Loans...........          26          11          25
00.02 Direct program-Defaults FFB Loans.          20          32          18
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          33.0).........................          46          43          43
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          46          43          43
23.95 Total new obligations.............         -46         -43         -43
----------------------------------------------------------------------------

    New budget authority (gross), detail:
60.05 Appropriation (indefinite)........          28          31          35
      Spending authority from offsetting 
          collections:

        Offsetting collections (cash):
68.00     Offsetting collections 
            (cash)--loans...............         256         230         593
68.00     Offsetting collections 
            (cash)--debt reduction......           5         100
68.27   Capital transfer to general fund         -24        -100        -365
68.47   Portion applied to debt 
          reduction--FFB................        -219        -218        -220
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................          18          12           8
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................          46          43          43
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............          46          43          43
73.20 Total outlays (gross).............         -46         -43         -43
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................          46          43          43
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.00     Federal sources--debt 
            reduction...................          -5        -100
          Non-Federal sources:
88.40       Non-Federal sources--loans 
              other than FFB............         -37         -12        -373
88.40       Non-Federal sources--FFB 
              loan principal............        -219        -218        -220
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........        -261        -330        -593
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................        -215        -287        -550
90.00 Outlays...........................        -215        -287        -550
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4121-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........       6,154       5,392       4,576
1231  Disbursements: Direct loan 
        disbursements...................           9           8           8
1251  Repayments: Repayments and 
        prepayments.....................        -790        -601        -500
1261  Adjustments: Capitalized interest.          25           7
1264  Write-offs for default: Other 
        adjustments, net Loss on Sale of 
        Assets..........................          -6        -230          -3
                                           ---------   ---------  ----------
1290    Outstanding, end of year........       5,392       4,576       4,081
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4121-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........       5,691       5,304       4,924
2251  Repayments and prepayments........        -385        -379        -373
2261  Adjustments: Terminations for 
        default that result in loans 
        receivable......................          -2          -1
                                           ---------   ---------  ----------
2290    Outstanding, end of year........       5,304       4,924       4,551
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..       4,774       4,432       4,096
----------------------------------------------------------------------------

[[Page 986]]


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

2310    Outstanding, start of year......           1           1           6
2331    Disbursements for guaranteed 
          loan claims...................          26          11          25
2351    Repayments of guaranteed loan 
          claims........................
2364    Other adjustments, net..........         -26          -6
                                           ---------   ---------  ----------
2390      Outstanding, end of year......           1           6          31
---------------------------------------------------------------------------

    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    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
0111  Revenue...........................         322            302           269            241
0112  Expense...........................        -330           -307          -269           -241
                                        ------------ --------------  ------------  -------------
0119  Net income or loss (-)............          -8             -5
                                        ------------ --------------  ------------  -------------
0199  Net income or loss................          -8             -5
-----------------------------------------------------------------------------------------------

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   11-4121-0-3-152    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................
      Net value of assets related to 
          pre-1992 direct loans 
          receivable and acquired 
          defaulted guaranteed loans 
          receivable:

1601    Direct loans, gross.............       6,154          5,386         4,471          3,976
1602    Interest receivable.............         729          1,104           984            883
1604    Direct loans and interest 
          receivable, net...............       6,883          6,490         5,455          4,859
                                        ------------ --------------  ------------  -------------
1699      Value of assets related to 
            direct loans................       6,883          6,490         5,455          4,859
1701    Defaulted guaranteed loans, 
          gross.........................                          1
                                        ------------ --------------  ------------  -------------
1999    Total assets....................       6,883          6,491         5,455          4,859
    LIABILITIES:
      Federal liabilities:

2102    Accrued Interest Payable to FFB.          48             44            41             38
2103    Debt--Principal owed to FFB.....       3,048          2,829         2,611          2,390
2105    Other...........................       3,177
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............       6,273          2,873         2,652          2,428
    NET POSITION:
3200  Invested capital..................                      2,558         1,860          1,585
3300  Cumulative results of operations..         610          1,060           943            846
                                        ------------ --------------  ------------  -------------
3999    Total net position..............         610          3,618         2,803          2,431
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position       6,883          6,491         5,455          4,859
-----------------------------------------------------------------------------------------------

                                

                Military Debt Reduction Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4174-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.01 Reimbursable program--Payment to 
        Liquidating Account.............           5         100
09.02 Reimbursable program--Interest to 
        Treasury........................           1           7           6
                                           ---------   ---------  ----------
10.00   Total new obligations...........           6         107           6
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New financing authority (gross)...           6         107           6
23.95 Total new obligations.............          -6        -107          -6
----------------------------------------------------------------------------

    New financing authority (gross), detail:
67.15 Authority to borrow (indefinite)..           4         102           6
      Spending authority from offsetting 
          collections:

68.00   Offsetting collections (cash)...           3           5
68.47   Portion applied to debt 
          reduction.....................          -1
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................           2           5
                                           ---------   ---------  ----------
70.00   Total new financing authority 
          (gross).......................           6         107           6
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............           6         107           6
73.20 Total financing disbursements 
        (gross).........................          -6        -107          -6
87.00 Total financing disbursements 
        (gross).........................           6         107           6
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............          -2          -5
88.40     Non-Federal sources...........          -1
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........          -3          -5
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............           3         102           6
90.00 Financing disbursements...........           3         102           6
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4174-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on obligations:
1111  Limitation on direct loans........           5
                                           ---------   ---------  ----------
1150    Total direct loan obligations...           5
----------------------------------------------------------------------------

    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........           4           9         109
1233  Disbursements: Purchase of loans 
        assets from a liquidating 
        account.........................           5         100
1251  Repayments: Repayments and 
        prepayments.....................
                                           ---------   ---------  ----------
1290    Outstanding, end of year........           9         109         109
---------------------------------------------------------------------------

    As required by the Federal Credit Reform Act of 1990, this non-
budgetary account records all cash flows to and from the Government 
resulting from restructuring foreign military loans. The amounts in this 
account are a means of financing and are not included in budget totals.

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   11-4174-0-3-152    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Net value of assets related to 
          post-1991 direct loans 
          receivable:

1401    Direct loans receivable, gross..           3              9           109            109
1405    Allowance for subsidy cost (-)..                         -2            -7             -7
                                        ------------ --------------  ------------  -------------
1499      Net present value of assets 
            related to direct loans.....           3              7           102            102
1901  Other Federal assets: Other assets                                        4             10
                                        ------------ --------------  ------------  -------------

[[Page 987]]


1999    Total assets....................           3              7           106            112
    LIABILITIES:
2103  Federal liabilities: Debt.........           3              7           106            112
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............           3              7           106            112
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position           3              7           106            112
-----------------------------------------------------------------------------------------------

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4174-0-3-152      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
33.0  Investments and loans.............           5         100
43.0  Interest and dividends............           1           6           6
                                           ---------   ---------  ----------
99.9    Total new obligations...........           6         106           6
---------------------------------------------------------------------------

                                


 
                  INTERNATIONAL DEVELOPMENT ASSISTANCE


 
                         MULTILATERAL ASSISTANCE

                              Federal Funds

General and special funds:

                  International Financial Institutions

contribution to global environment facility [the international bank for 
                     reconstruction and development]

    [For payment to the International Bank for Reconstruction and 
Development by the Secretary of the Treasury, for the United States 
contribution to the Global Environment Facility (GEF), $192,500,000 to 
remain available until expended for contributions previously due: 
Provided, That such funds shall be subject to the regular notification 
procedures of the Committees on Appropriations.] For the United States 
contribution for the Global Environment Facility (GEF), $143,333,333, to 
the International Bank for Reconstruction and Development as trustee for 
the GEF, by the Secretary of the Treasury, to remain available until 
expended. (Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0077-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        33.0)...........................          48         193         143
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................       7,663       7,663       7,663
22.00 New budget authority (gross)......          48         193         143
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......       7,711       7,856       7,806
23.95 Total new obligations.............         -48        -193        -143
24.40 Unobligated balance available, end 
        of year.........................       7,663       7,663       7,663
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          48         193         143
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         158         147         286
73.10 Total new obligations.............          48         193         143
73.20 Total outlays (gross).............         -59         -54         -52
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         147         286         377
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           4          17
86.93 Outlays from current balances.....          55          37          51
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          59          54          52
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          48         193         143
90.00 Outlays...........................          59          54          52
---------------------------------------------------------------------------

    The International Bank for Reconstruction and Development (IBRD or 
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 $21.1 billion during its 1998 
fiscal year; IBRD gross disbursements were $19.2 billion. Since its 
establishment in 1945, the IBRD has made loans totalling $316 billion--
$147 for every $1 of U.S. paid in capital.

    The IBRD acts as trustee for the Global Environment Facility Trust 
Fund. The Global Environment Facility (GEF) provides technical 
assistance and partial funding for developing country investments 
designed to provide global environmental benefits by reducing 
international water pollution and ozone depletion, and by promoting 
biodiversity and energy conservation. With its highly specific focus on 
global environmental issues--where both costs and benefits are shared 
across international borders--the GEF occupies a unique and increasingly 
important niche in the international financial institution system. Its 
basic mission is to support innovative and cost-effective pilot 
investments whose design and environmental benefits can be duplicated 
(and financed) elsewhere. Under strong U.S. leadership, flowing in part 
from our position as the largest donor on the GEF's governing Council, 
the GEF has been making substantial progress in leveraging its limited 
resources. The World Bank, the UN Development Program, the UN 
Environment Program and, increasingly, private investors, provide 
substantial cofinancing for GEF projects. Since its inception in 1994, 
total GEF commitments amount to about $2.2 billion, triggering 
additional cofinancing of about $5 billion.

    The initial U.S. commitment to the GEF in 1995 amounted to $430 
million. In March, 1998 the Administration concluded negotiation of a 
$2.75 billion second GEF replenishment (GEF-2) covering fiscal years 
1999 to 2002. We limited our GEF-2 pledge to GEF-1 levels of $430 
million over four years. As of the end of 1999, we will clear all GEF-1 
arrears but will also accrue arrears to GEF-2 of $107.5 million. The 
2000 request of $143.3 million would clear a portion of new arrears and 
cover one year of annual contributions to the GEF's second funding 
cycle.

                                

        contribution to the international development association

    For payment to the International Development Association (IDA) by 
the Secretary of the Treasury, [$800,000,000] $803,430,000, to remain 
available until expended[: Provided, That none of these funds may be 
obligated or expended until the Secretary of the Treasury certifies that 
a procedure has been established for the Comptroller General of the 
United States to be provided full access to: (1) the financial and 
related records of the International Bank for Reconstruction and 
Development and IDA for the purposes of conducting audits of current 
loans and financial assistance provided by these institutions; and (2) 
management personnel manuals, procedures, and policy guidelines: 
Provided further, That following the review conducted in the previous 
proviso, the Comptroller General shall report to the Committees on 
Appropriations on the results of the audit and recommendations to 
improve institutional financial and personnel procedures, especially 
regarding the protection of individuals alleging mismanagement, fraud, 
or abuses: Provided further, That at least ten days prior to the 
obligation of funds appropriated under this heading the Secretary of 
Treasury shall report to the Committees on Appropriations of his intent 
to obligate such funds]. (Foreign Operations, Export Financing, and 
Related Programs Appropriation Act, 1999, as included in Public Law 105-
277, section 101(d).)

[[Page 988]]

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0073-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        33.0)...........................       1,035         800         803
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......       1,035         800         803
23.95 Total new obligations.............      -1,035        -800        -803
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................       1,035         800         803
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year       2,755       2,761       2,621
73.10 Total new obligations.............       1,035         800         803
73.20 Total outlays (gross).............      -1,029        -940        -954
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..       2,761       2,621       2,470
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          79          61          58
86.93 Outlays from current balances.....         950         879         896
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........       1,029         940         954
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................       1,035         800         803
90.00 Outlays...........................       1,029         940         954
---------------------------------------------------------------------------

    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. IDA 
resources are augmented by new donor contributions through periodic 
``replenishments,'' the most recent of which was negotiated in 1998.

    During its fiscal year 1998, IDA made new commitments of $7.5 
billion, and IDA's gross disbursements were $5.5 billion. Since its 
establishment, IDA has made commitments totalling $109.1 billion (as of 
June 30, 1998).

    The eleventh replenishment of IDA provided total resources for new 
loan commitments of about $22 billion over the 1997-1999 period. The 
United States pledged $1.6 billion for the last two years of the 
replenishment. Under the twelfth replenishment (IDA-12), IDA will 
provide total resources for prospective new loan commitments of about 
$20 billion over the 2000-2002 period. The United States pledged 
$2,410.29 million over three years (20.86 percent of total donor 
contributions). The 2000 request is $803.43 million for the first United 
States contribution to the twelfth replenishment and we will seek 
congressional authorization to contribute $2.410 billion to IDA over 
three years.

                                

          contribution to the international finance corporation

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0078-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          36
73.20 Total outlays (gross).............         -36
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.93 Outlays from current balances.....          36
----------------------------------------------------------------------------

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

    The International Finance Corporation (IFC), a member of the World 
Bank Group, was established in 1956 to further economic development by 
encouraging the growth of private enterprise in developing countries. 
The IFC provides technical assistance, and mobilizes loans and equity 
investments for promising ventures. The IFC is now playing an important 
role in the former Soviet Union and Eastern Europe's transition to free 
markets and private enterprise, due to the IFC's special expertise in 
foreign investment, capital markets development, and privatization. The 
IFC is also heavily engaged in building private markets in Africa and 
assisting private sector restructuring and recovery in countries 
affected by the Asian financial crisis. The U.S. completed its 
contributions to the IFC in 1997.

    During World Bank FY 1998 the Corporation approved 307 new 
investments totalling $5.9 billion, and net investments for the IFC's 
own account were $2.7 billion. IFC's committed loan and equity portfolio 
(for its own account) was $11.4 billion as of June 30, 1998.

                                

        contribution to multilateral investment guarantee agency

    For payment to the Multilateral Investment Guarantee Agency by the 
Secretary of the Treasury, $10,000,000 for the United States paid-in 
share of the increase in capital stock, to remain available until 
expended.

              limitation on callable capital subscriptions

    The United States Governor of the Multilateral Investment Guarantee 
Agency may subscribe without fiscal year limitation for the callable 
capital portion of the United States share of such capital stock in an 
amount not to exceed $50,000,000.

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0084-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations (object 
        class 33.0).....................                                  10
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......                                  10
23.95 Total new obligations.............                                 -10
----------------------------------------------------------------------------

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

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          22          22          22
73.10 Total new obligations.............                                  10
73.20 Total outlays (gross).............                                  -1
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          22          22          31
----------------------------------------------------------------------------

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

[[Page 989]]



    Net budget authority and outlays:
89.00 Budget authority..................                                  10
90.00 Outlays...........................                                   1
---------------------------------------------------------------------------

    The Multilateral Investment Guarantee Agency (MIGA) is a member of 
the World Bank Group. MIGA is designed to encourage the flow of foreign 
private investment to and among developing countries by: (1) issuing 
guarantees against noncommercial risks and (2) carrying out a wide range 
of investment promotion activities.

    Negotiations of MIGA's first General Capital Increase (GCI) were 
completed in 1998. The United States committed to contribute a total of 
$30 million in paid-in capital and $150 million in callable capital over 
three years and we will seek Congressional authorization for $180 
million to participate in the MIGA GCI.

    During World Bank FY 1998, the MIGA issued 55 guarantees, with a 
maximum contingent liability of $831 million. Total aggregate direct 
investment facilitated is $25 billion. There are no claims pending 
against MIGA.

    The 2000 request includes budget authority of $10 million for paid-
in capital subscriptions and $50 million in program limitations for 
callable capital subscriptions.

                                

           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, $25,610,667, to remain 
available until expended.

 [Contribution to the Inter-American Development Bank Fund for Special 
                               Operations]

    [For payment to the Inter-American Bank by the Secretary of the 
Treasury, for the United States share of the increase in resources for 
the Fund for Special Operations, $21,152,000, to remain available until 
expended for contributions previously due.]

        contribution to the inter-american investment corporation

    For payment to the Inter-American Investment Corporation, by the 
Secretary of the Treasury, $25,000,000, for the United States share of 
the increase in subscriptions to capital stock, to remain available 
until expended.

              limitation on callable capital subscriptions

    The United States Governor of the Inter-American Development Bank 
may subscribe without fiscal year limitation to the callable capital 
portion of the United States share of such capital stock in an amount 
not to exceed $1,503,718,910. (Foreign Operations, Export Financing, and 
Related Programs Appropriation Act, 1999, as included in Public Law 105-
277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0072-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Paid-in capital...................          25          26          26
00.02 Fund for special operations.......          21          21
00.03 International Investment Corp.....                                  25
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          33.0).........................          46          47          51
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................       3,798       3,798       3,798
22.00 New budget authority (gross)......          46          47          51
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......       3,844       3,845       3,849
23.95 Total new obligations.............         -46         -47         -51
24.40 Unobligated balance available, end 
        of year.........................       3,798       3,798       3,798
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          46          47          51
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         116          79          92
73.10 Total new obligations.............          46          47          51
73.20 Total outlays (gross).............         -83         -34         -40
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          79          92         103
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           6           6          10
86.93 Outlays from current balances.....          77          28          29
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          83          34          40
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          46          47          51
90.00 Outlays...........................          83          34          40
---------------------------------------------------------------------------

    The Inter-American Development Bank (IDB) promotes sustainable 
economic growth and development, poverty reduction, private sector 
development, and good governance in Latin America and the Caribbean 
through loans and technical assistance.

    In 1997, the IDB made new lending commitments of $6.8 billion; gross 
disbursements were $5.0 billion. Since its inception in 1960, the Bank 
has lent over $90 billion.

    The Bank lends money through: (1) the Ordinary Capital window that 
lends at market-based rates; and, (2) the Fund for Special Operations 
(FSO), which makes loans on concessional terms to the region's poorest 
nations.

    The 2000 request includes budget authority of $25.6 million for 
paid-in capital subscriptions and $1,503.7 million in program 
limitations for callable capital subscriptions for the final payment on 
the U.S. contribution to the IDB's eighth general capital increase. No 
request is being made for the FSO in 2000. Multilateral agreement was 
recently reached on the key elements of a U.S. proposal under which 
concessional funding for the poorest countries will be derived primarily 
from internal FSO resources.

    The Inter-American Investment Corporation (IIC), established in 
1984, is a member of the Inter-American Development Bank, whose purpose 
is to promote development of private small and medium sized enterprises 
(SMEs) in Latin America and the Caribbean. It is a legally autonomous 
entity whose resources and management are separate from those of the 
Inter-American Development Bank itself. Through direct loans and equity 
investments in SMEs as well as through lending to private financial 
intermediaries, the IIC helps SMEs in the region to access the capital 
necessary to start-up, expand, or modernize their operations.

    During 1998, the Corporation approved 28 projects totaling $223 
million. Since its inception, the IIC has approved 202 transactions for 
a total amount of $1 billion. Of these, 151 projects representing $735 
million remain active.

    The 2000 request includes budget authority of $25 million for paid-
in capital subscription for the first payment on the $120 million share 
of the IIC's first general capital increase and we will seek 
Congressional authorization to participate in this GCI. This figure 
represents a best estimate of a future U.S. funding obligation resulting 
from a capital increase negotiation expected to be concluded in the 
coming months.

                                

               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] $13,728,263, 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] $672,745,205.

               contribution to the asian development fund

    For the United States contribution by the Secretary of the Treasury 
to the [increases] increase in resources of the Asian Development

[[Page 990]]

Fund, as authorized by the Asian Development Bank Act, as amended 
(Public Law 89-369), [$210,000,000] $177,017,050, to remain available 
until expended[, of which $187,000,000 shall be available for 
contributions previously due]. (Foreign Operations, Export Financing, 
and Related Programs Appropriation Act, 1999, as included in Public Law 
105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0076-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Paid-in capital...................          13          13          14
00.02 Asian development fund............         150         210         177
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          33.0).........................         163         223         191
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         748         748         748
22.00 New budget authority (gross)......         163         223         191
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         911         971         939
23.95 Total new obligations.............        -163        -223        -191
24.40 Unobligated balance available, end 
        of year.........................         748         748         748
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................         163         223         191
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         673         641         664
73.10 Total new obligations.............         163         223         191
73.20 Total outlays (gross).............        -195        -200        -196
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         641         664         659
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          18          38          32
86.93 Outlays from current balances.....         177         162         163
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         195         200         196
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         163         223         191
90.00 Outlays...........................         195         200         196
---------------------------------------------------------------------------

    The Asian Development Bank (ADB) fosters broad-based sustainable 
economic development, poverty alleviation, and cooperation in the Asia/
Pacific region. The ADB has two main entities: (i) the ordinary capital 
window which lends at market-based rates to the countries which are 
better off and (ii) the Asian Development Fund (ADF) which lends at 
concessional rates to the region's poorest nations.

    ADF resources are contributed by donors in periodic 
``replenishments.'' In the most recent replenishment, ADF-7, the United 
States successfully negotiated a 41 percent reduction in the total U.S. 
contributions.

    In 1998, the Bank lent $4.9 billion of its ordinary capital 
resources and extended loans and grants of $1.0 billion from ADF 
resources for development projects. Since its founding in 1966, the ADB 
has committed over $46.3 billion, and the ADF has committed $21 billion. 
In addition the ADB has made cumulative private sector loans and equity 
investments of over $2 billion.

    The 2000 request includes: (1) budget authority of $13.7 million for 
paid-in capital subscriptions and $672.7 million in program limitations 
for callable capital subscriptions for the fifth and final installment 
of the U.S. subscription to the ADB's fourth general capital increase; 
and, (2) $177 million in budget authority which includes $100 million 
for our third scheduled payment to ADF-7 and $77 million for payments 
previously due.

                                

              contribution to the african development bank

    For payment to the African Development Bank by the Secretary of the 
Treasury, $5,100,000, for the United States paid-in share of the 
increase in capital stock, 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 for the callable capital 
portion of the United States share of such capital stock in an amount 
not to exceed $80,000,000.

              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, 
[$128,000,000] $127,000,000, to remain available until expended[, of 
which $88,300,000 shall be available for contributions previously due]. 
(Foreign Operations, Export Financing, and Related Program 
Appropriations Act, 1999).

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0079-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Fund..............................          45         128         127
00.02 Ordinary Capital..................                                   5
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          33.0).........................          45         128         132
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          45         128         132
23.95 Total new obligations.............         -45        -128        -132
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          45         128         132
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         335         287         319
73.10 Total new obligations.............          45         128         132
73.20 Total outlays (gross).............         -93         -96         -99
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         287         319         352
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority                       3           4
86.93 Outlays from current balances.....          93          93          96
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          93          96          99
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          45         128         132
90.00 Outlays...........................          93          96          99
---------------------------------------------------------------------------

    The African Development Bank group is composed of two main entities 
(i) The African Development Bank (AFDB), which lends at market-based 
rates and (ii) the African Development Fund (AFDF), which lends at 
concessional rates. The United States joined the AFDB in 1983 when 
membership was opened to non-regional countries. In 1998, the AFDB 
financed 12 new projects amounting to about $918 million. Since its 
inception in 1963, the AFDB has financed 754 projects amounting to over 
$21.6 billion.

    The African Development Fund (AFDF), the concessional lending 
affiliate of the African Development Bank, makes loans to the poorest 
African nations. In 1998, the AFDF loaned around $792 million for 81 
projects. Since its inception in 1974, cumulative AFDF lending totals 
over $12.2 billion for 1,352 development projects.

    The 2000 request for the African Development Bank Group includes 
$132.1 million in budget authority and $80 million in program 
limitations for callable capital subscriptions. The budget authority 
request is composed of $5.1 million in paid-in capital for the first 
installment on the U.S. share of the AFDF's fifth capital increase; $27 
million for payments overdue accrued last year towards AFDF-7, and $100 
million for the first installment on the U.S. share of AFDF-8. The 
request for $100 million represents a best estimate of the

[[Page 991]]

FY 2000 payment arising from a new, $300 million, three-year U.S. 
commitment for the African Development Fund, negotiation of which is 
expected to be concluded in the coming months. We will seek 
Congressional authorization for $300 million to AFDF over three years, 
and for $680.8 million to participate in the capital increase for the 
AFDB.

                                

  contribution to the european bank for reconstruction and development

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

              limitation on callable capital subscriptions

    The United States Governor of the European Bank for Reconstruction 
and Development may subscribe without fiscal year limitation to the 
callable capital portion of the United States share of such capital 
stock in an amount not to exceed $123,237,803. (Foreign Operations, 
Export Financing, and Related Programs Appropriation Act, 1999, as 
included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0088-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        33.0)...........................          36          36          36
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          36          36          36
23.95 Total new obligations.............         -36         -36         -36
----------------------------------------------------------------------------

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

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          16          19          30
73.10 Total new obligations.............          36          36          36
73.20 Total outlays (gross).............         -32         -25         -27
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          19          30          39
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          19          19          19
86.93 Outlays from current balances.....          13           6           8
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          32          25          27
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          36          36          36
90.00 Outlays...........................          32          25          27
---------------------------------------------------------------------------

    The European Bank for Reconstruction and Development (EBRD) supports 
market-oriented economic reform and democratic pluralism through 
predominately private sector lending and investments in the nations of 
Central and Eastern Europe and the former Soviet Union. Over three-
quarters of projects approved in 1997 were in the private sector. The 
United States and other shareholders signed the articles of agreement of 
the EBRD on May 29, 1990, and the Bank officially began operating on 
April 15, 1991.

    In April 1996, shareholders approved a doubling of EBRD's capital 
base from ECU 10 billion to ECU 20 billion (approximately $24 billion). 
The capital increase went into effect in April 1997, with the U.S. 
subscribing to its shares on December 19, 1997. Under the capital 
increase, paid-in contributions constitute 22.5 percent of total 
capital, with the remainder callable. The annual payment for the U.S.'s 
ten percent share dropped from $70 million under the initial 
subscription to $35.8 million under the capital increase. At the end of 
1997, the EBRD had approved almost 600 loans and investments totalling 
over $16 billion.

    The 2000 request consists of $35.8 million in budget authority for 
paid-in capital subscriptions and $123.2 million in program limitations 
for callable capital subscriptions for the third of eight installments 
on the U.S. subscription to the general capital increase.

                                

                     North American Development Bank

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1008-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        33.0)...........................          57
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          57
23.95 Total new obligations.............         -57
----------------------------------------------------------------------------

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

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year                      51          40
73.10 Total new obligations.............          57
73.20 Total outlays (gross).............          -6         -11         -11
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          51          40          29
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           6
86.93 Outlays from current balances.....                      11          11
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........           6          11          11
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          57
90.00 Outlays...........................           6          11          11
---------------------------------------------------------------------------

    The North American Development Bank (NADBank) provides $2-3 billion 
in financing for high priority environmental infrastructure projects in 
the border region and, more broadly within the United States for NAFTA-
related community adjustment and investment. The Bank has begun its 
environmental lending and guarantee operations in both the United States 
and Mexico; NADBank operations provide significant direct benefits to 
U.S. citizens, particularly those in the border states. The NADBank's 
capital shares ($450 million in paid-in and $2.55 billion in callable 
capital) were contributed equally by the United States and Mexico over a 
four-year period. The final U.S. installment was appropriated in 1998.

    The NADBank finances environmental infrastructure projects that have 
been certified by the U.S.-Mexican Border Environment Cooperation 
Commission (BECC), an institution designed to assist border states and 
local communities in coordinating border clean-up. Communities on both 
sides of the border have long been plagued by problems such as raw 
sewage dumped in boundary waters, unsafe drinking water, and inadequate 
municipal waste disposal. Based on its 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. The NADBank has approved a total of 
$105 million in loans, guarantees and grants to help finance 14 
environmental projects, representing a total investment of $408 million 
and benefitting over four million residents on both sides of the border.

    In addition, 10 percent of the U.S. and Mexican shares of NADBank 
will be available for NAFTA-related community adjustment and investment 
in both countries, which need not be in the border region. In 2000, the 
Administration proposes that $17 million be appropriated for the 
Community Adjustment and Investment Program (CAIP). This appropriation 
is sought in the Treasury chapter as a domestic assistance program. The 
Secretary of Treasury would have the authority

[[Page 992]]

to transfer CAIP funds to the NADBank or other Federal agencies to 
assist in carrying out the program. The CAIP offers financing directly 
and through existing federal credit programs, such as those run by the 
Small Business Administration, to both new and existing businesses 
within communities that suffered job losses as a result of changing 
trade patterns with Canada and Mexico. The program launched its lending 
operations during 1997. An Advisory Committee, which includes low income 
community representatives and non-governmental organizations, helps 
ensure broad public participation in the community adjustment window of 
the NADBank.

                                

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, [$50,000,000] $28,500,000, to remain available 
until expended [for contributions previously due]. (Foreign Operations, 
Export Financing, and Related Programs Appropriation Act, 1999, as 
included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0089-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        33.0)...........................          30          50          28
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......          30          50          28
23.95 Total new obligations.............         -30         -50         -28
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          30          50          28
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         268         275         290
73.10 Total new obligations.............          30          50          28
73.20 Total outlays (gross).............         -23         -35         -43
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         275         290         275
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           1           1           1
86.93 Outlays from current balances.....          22          34          42
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          23          35          43
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          30          50          28
90.00 Outlays...........................          23          35          43
---------------------------------------------------------------------------

    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 within and into Latin America and the Caribbean. The MIF, 
administered by the Inter-American Development Bank, is a multilateral 
fund which provides grants and loans to support private-sector 
development and finance and labor 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 U.S. made a commitment to the MIF in 1992 amounting to $500 
million, of which we have paid $401.25 million. The 2000 request for the 
MIF is $28.5 million for partial payment of outstanding U.S. commitments 
to the U.S. share of MIF resources.

                                

               International Affairs Technical Assistance

    For necessary expenses to carry out Department of the Treasury 
international affairs technical assistance activities, [$1,500,000] 
$7,000,000, to remain available until expended, which shall be 
available, pursuant to section 589 of this Act, for economic technical 
assistance and for related programs. In addition, for the operation and 
expenses of the International Financial Institution Advisory Commission 
and the International Monetary Fund Advisory Committee, as provided by 
the Omnibus Consolidated and Emergency Supplemental Appropriations Act, 
1999 (P.L. 105-277), $1,500,000, to remain available until expended. 
(Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1045-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 New Obligations...................                       2           9
                                           ---------   ---------  ----------
10.00   Total new obligations...........                       2           9
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......                       2           9
23.95 Total new obligations.............                      -2          -9
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................                       2           9
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year                                   2
73.10 Total new obligations.............                       2           9
73.20 Total outlays (gross).............                                  -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..                       2           9
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority                                   1
86.93 Outlays from current balances.....                                   1
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........                                   2
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................                       2           9
90.00 Outlays...........................                                   2
---------------------------------------------------------------------------

    This account will provide technical assistance to other countries in 
support of the responsibilities of the U.S. Treasury Department to 
formulate, conduct and coordinate the international financial policies 
of the United States. In addition to overseeing U.S. interests in the 
work of international financial institutions, including the 
International Monetary Fund, the World Bank and the various regional 
development banks, the Treasury Department frequently has the lead 
responsibility for implementing fiscal and financial policy aspects of 
U.S. foreign policy toward individual countries. Technical assistance 
provided through this account will facilitate key short- and medium-term 
reforms in the policy and management areas of budget, tax, government 
debt, financial institutions and financial crimes enforcement.

    Using funding provided under the SEED and FREEDOM Support Acts, U.S. 
Treasury Department advisors have provided policy and management advice 
in the areas described above to countries in Eastern Europe and the 
former Soviet Union in their transition to market economies and 
democratic fiscal structures. Beginning in 1997, advisors have also 
provided assistance, using funding from USAID Development Assistance and 
the Economic Support Fund, to the governments of South Africa and Haiti. 
The flexibility provided by direct funding will permit the Department to 
be responsive when governments make decisions to implement key fiscal 
and financial reforms, and allow it to act quickly to help select 
governments strengthen governmental fiscal and financial institutions 
during crucial transition periods toward market-oriented economies.

[[Page 993]]

    The proposed $7 million appropriation will fully fund approximately 
13 resident advisors, including program related administrative costs and 
intermittent expert visits in support of the advisors. This 
appropriation will permit expansion of the program to countries outside 
Central and Eastern Europe and the Former Soviet Union, including 
implementation of programs in Asia, Africa, and Central and Latin 
America. The Treasury Department will closely coordinate with 
international financial institutions and with USAID, the Department of 
State and other relevant U.S. Government agencies when determining where 
its technical assistance program can have the greatest positive impact.

    This account will also provide $1,500,000 for the operation and 
expenses of the International Financial Institution Advisory Commission 
and the International Monetary Fund Advisory Committee. Section 603 of 
the Omnibus Consolidated and Emergency Supplemental Appropriations Act, 
1999 (P.L. 105-227) (``the Act'') requires the Secretary of the Treasury 
to establish an International Financial Institution Advisory Commission 
to advise and report to the Congress on the future role and 
responsibilities of the international financial institutions (as defined 
in section 1701(c)(2) of the International Financial Institutions Act), 
the World Trade Organization, and the Bank for International 
Settlements. The Act also states that the Secretary of the Treasury 
should establish an International Monetary Fund Advisory Committee.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1045-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.1  Personnel compensation: Full-time 
        permanent.......................                                   1
21.0  Travel and transportation of 
        persons.........................                                   1
25.1  Advisory and assistance services..                       2           7
                                           ---------   ---------  ----------
99.9    Total new obligations...........                       2           9
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 11-1045-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......                                  13
---------------------------------------------------------------------------

                                

                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, [$187,000,000: 
Provided, That none of the funds appropriated under this heading shall 
be made available for the United Nations Fund for Science and 
Technology: Provided further, That none of the funds appropriated under 
this heading may be made available for the United Nations Population 
Fund (UNFPA): Provided further, That not less than $5,000,000 should be 
made available to the World Food Program: Provided further, That none of 
the funds made available under this heading, may be provided to the 
Climate Stabilization Fund until fifteen days after the Department of 
State provides a report to the Committees on Foreign Relations and 
Appropriations in the Senate and the Committees on International 
Relations and Appropriations in the House of Representatives detailing 
the number of Fund employees and associated salaries and the fiscal year 
1998 and 1999 Fund activities, programs or projects and associated 
costs: Provided further, That none of the funds appropriated under this 
heading may be made available to the Korean Peninsula Energy Development 
Organization (KEDO) or the International Atomic Energy Agency (IAEA)] 
$293,000,000. (Foreign Operations, Export Financing, and Related 
Programs Appropriation Act, 1999, as included in Public Law 105-277, 
section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1005-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
01.01 UNICEF............................         100         105         101
01.02 UN development program............          95         100          80
01.03 UN population fund................          20                      25
01.08 Various other organizations.......          88          87          87
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          41.0).........................         303         292         293
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......         303         292         293
23.95 Total new obligations.............        -303        -292        -293
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................         192         187         293
42.00 Transferred from other accounts...         111         105
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........         303         292         293
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          56          59          58
73.10 Total new obligations.............         303         292         293
73.20 Total outlays (gross).............        -300        -293        -293
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          59          58          58
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority         277         263         267
86.93 Outlays from current balances.....          23          30          26
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         300         293         293
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         303         292         293
90.00 Outlays...........................         300         293         293
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1005-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........          32          30          28
1251  Repayments: Repayments and 
        prepayments.....................          -2          -2          -2
                                           ---------   ---------  ----------
1290    Outstanding, end of year........          30          28          26
---------------------------------------------------------------------------

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

                                

Credit accounts:

                           Debt Restructuring

    For the cost, as defined in section 502 of the Congressional Budget 
Act of 1974, of modifying direct loans and loan guarantees, as the 
President may determine, for which funds have been appropriated or 
otherwise made available for programs within the International Affairs 
Budget Function 150, including the cost of selling, reducing, or 
canceling amounts, through debt buybacks and swaps, owed to the United 
States as a result of concessional loans made to eligible Latin American 
and Caribbean countries, pursuant to part IV of the Foreign Assistance 
Act of 1961; of modifying concessional credit agreements with least 
developed countries, as authorized under section 411 of the Agricultural 
Trade Development and Assistance Act of 1954, as amended, 
notwithstanding any limitation in subsection (e) of that section; and 
concessional loans, guarantees and credit agreements with any country in 
sub-Saharan Africa, as authorized under section 572 of the Foreign 
Operations, Export Financing, and Related Programs Appropriations Act, 
1989 (Public Law 100-461); [and of modifying any obligation, or portion 
of such obligation for Latin American countries to pay for purchases of 
United States agricultural commodities guaranteed by the Commodity 
Credit Corporation under export credit guarantee programs authorized 
pursuant to section 5(f ) of the Commodity Credit Corporation Charter 
Act of June 29, 1948, as amended, section 4(b) of the Food for Peace

[[Page 994]]

Act of 1966, as amended (Public Law 89-808), or section 202 of the 
Agricultural Trade Act of 1978, as amended (Public Law 95-501), 
$33,000,000] $70,000,000, to remain available until expended, of which 
up to $50,000,000 may be used to implement sections 806 and 807 of the 
Foreign Assistance Act of 1961; and of which up to $1,000,000 may be 
used for implementation and improvement in the foreign credit reporting 
system of the United States Government: Provided, That [not to exceed 
$2,900,000 of such funds may be used for implementation of improvements 
in the foreign credit reporting system of the United States Government: 
Provided further, That] the authority provided by section 572 of Public 
Law 100-461 may be exercised only with respect to countries 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: Provided further, That 
the authorities and appropriation under this heading shall also satisfy 
the requirement of section 808(a)(3) of part V of the Foreign Assistance 
Act, as amended, for the purpose of debt buybacks and swaps which incur 
no costs (as defined under section 502(5) of the Federal Credit Reform 
Act of 1990) in fiscal year [1999] 2000: (Foreign Operations, Export 
Financing, and Related Programs Appropriation Act, 1999, as included in 
Public Law 105-277, section 101(d).)

        General Fund Credit Receipt Accounts (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0091-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
0101  Debt restructuring, downward 
        reestimates of subsidies........          14
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0091-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
01.01 Paris club debt reduction.........           9          61           3
01.03 Africa concessional debt 
        initiative......................                      21          17
01.04 Tropical Forest Debt Initiative...                                  50
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          41.0).........................           9          82          70
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          31          49
22.00 New budget authority (gross)......          27          33          70
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          58          82          70
23.95 Total new obligations.............          -9         -82         -70
24.40 Unobligated balance available, end 
        of year.........................          49
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          27          33          70
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year                                  45
73.10 Total new obligations.............           9          82          70
73.20 Total outlays (gross).............          -9         -37         -49
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..                      45          66
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           5          18          35
86.93 Outlays from current balances.....           4          19          13
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........           9          37          49
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          27          33          70
90.00 Outlays...........................           9          37          49
---------------------------------------------------------------------------

                 Summary of Budget Authority and Outlays

                        (in millions of dollars)

                                     1998 actual  1999 est.   2000 est.
Enacted/requested:
  Budget Authority..................          27          33          70
  Outlays...........................           9          37          48
Legislative proposal, not subject to 
    PAYGO:
  Budget Authority..................                                  50
  Outlays...........................                                  50
                                    ------------------------------------
Total:
  Budget Authority..................          27          33         120
  Outlays...........................           9          37          98
                                    ====================================

    Paris Club Debt Reduction. For the poorest countries, debt reduction 
provides an incentive to implement macroeconomic and structural reforms 
necessary to improve economic performance and creditworthiness. The 
combination of economic reform and debt reduction contributes to growth 
and sustained development, which can mean greater opportunities for U.S. 
commercial interests in these countries. For the poorest and most 
heavily indebted countries, debt reduction will be undertaken in concert 
with the Paris Club of creditor countries, including extraordinary debt 
reduction under the Heavily Indebted Poor Countries (HIPC) debt 
initiative. The Administration anticipates that $3 million in 
appropriations will fund debt reduction under Naples and HIPC terms for 
qualifying countries. This request, combined with funds previously 
appropriated, will allow the U.S. in FY 2000 to provide approximately 
$50 million in face value debt reduction for the poorest countries, 
potentially including Cameroon, Guinea, Madagascar, Niger, and Zambia.

    Concessional Debt Reduction for Africa. The President announced the 
``Partnership for Growth and Opportunity in Africa'' on June 17, 1997. 
The Africa Initiative will target countries undertaking the boldest 
economic reforms to receive the maximum benefits from the program. Such 
reforms will encompass governance issues, macroeconomic policy, trade 
and investment policy, and investment in people. The best way the United 
States can support Africa is by making trade and investment--not just 
aid--the centerpiece of our economic relations. To support African 
economic reform efforts, the Administration, at the discretion of the 
President, will offer to provide 100% debt reduction of concessional 
debt owed to the United States. This 100% debt reduction program will 
complement Administration efforts to maximize debt relief for the most 
heavily indebted poor countries under the HIPC debt initiative. The 
Administration anticipates that $17 million in appropriations will fund 
100% debt reduction for approximately $115 million in the face value of 
concessional debts for qualifying African countries.

    Funds allocated within the debt restructuring account may be shifted 
between the Africa Initiative and Paris Club to allow sufficient 
flexibility in effecting international commitments. The resulting cash 
flows from debt reduction are recorded in the debt reduction financing 
and liquidating accounts for the Export-Import Bank, foreign military 
loans, the Department of Agriculture's G.S.M. (Honduras only) and P.L. 
480 programs, and the Agency for International Development.

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

    Tropical Forest Debt Relief. This authorizing legislation received 
strong bipartisan support and was signed into law by the President in 
July 1998. Modeled after the very successful Enterprise for the Americas 
Initiative (EAI), P.L. 105-214 will allow the Administration will be 
able to treat outstanding concessional USAID and PL-480 debt stocks to 
support conservation of the endangered tropical forests and promote 
economic reforms in eligible countries. Debt relief or buybacks in 
eligible countries will leverage payment of local currency resources 
into funds to support programs to conserve their tropical forests.

[[Page 995]]

                                

                           Debt Restructuring

              (Legislative proposal, not subject to PAYGO)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0091-2-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
01.05 HIPC Trust Fund...................                                  50
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          41.0).........................                                  50
----------------------------------------------------------------------------

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

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

    Change in unpaid obligations:
73.10 Total new obligations.............                                  50
73.20 Total outlays (gross).............                                 -50
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority                                  50
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................                                  50
90.00 Outlays...........................                                  50
---------------------------------------------------------------------------

    The Department of Treasury will seek authorization to make U.S. 
contributions to the World Bank's Heavily Indebted Poor Countries (HIPC) 
Trust Fund. The HIPC Trust Fund was created to help defray the cost of 
debt forgiveness under the HIPC Initiative. HIPC is a program that 
provides comprehensive debt relief to severely indebted poor countries 
by bilateral, and for the first time, multilateral creditors. 
Multilateral institutions lack sufficient resources to fund their debt 
relief commitments under HIPC. While many countries have made 
contributions to the trust fund, the HIPC Trust Fund remains seriously 
under funded. The Administration expects that a U.S. contribution would 
leverage contributions from other countries. Treasury will require 
authorization in its debt restructuring appropriation statute to 
contribute to the HIPC Trust Fund.

                                


 
                  AGENCY FOR INTERNATIONAL DEVELOPMENT

                              Federal Funds

General and special funds:

                   Sustainable Development Assistance

                      (including transfer of funds)

    For necessary expenses to carry out the provisions of sections 103 
through 106, [and] but excluding 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, 
$1,225,000,000,] $780,440,000, to remain available until September 30, 
[2000] 2001: 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 
$11,000,000 may be made available for the African Development Foundation 
and shall be apportioned directly to that agency: Provided further, 
That] none of the funds made available in this Act nor any unobligated 
balances from prior appropriations may be made available to any 
organization or program which, as determined by the President of the 
United States, supports or participates in the management of a program 
of coercive abortion or involuntary sterilization: Provided further, 
That none of the funds made available under this heading may be used to 
pay for the performance of abortion as a method of family planning or to 
motivate or coerce any person to practice abortions; and that in order 
to reduce reliance on abortion in developing nations, funds shall be 
available only to voluntary family planning projects which offer, either 
directly or through referral to, or information about access to, a broad 
range of family planning methods and services, and that any such 
voluntary family planning project shall meet the following requirements: 
(1) service providers or referral agents in the project shall not 
implement or be subject to quotas, or other numerical targets, of total 
number of births, number of family planning acceptors, or acceptors of a 
particular method of family planning (this provision shall not be 
construed to include the use of quantitative estimates or indicators for 
budgeting and planning purposes), (2) the project shall not include 
payment of incentives, bribes, gratuities, or financial reward to (A) an 
individual in exchange for becoming a family planning acceptor, or (B) 
program personnel for achieving a numerical target or quota of total 
number of births, number of family planning acceptors, or acceptors of a 
particular method of family planning, (3) the project shall not deny any 
right or benefit, including the right of access to participate in any 
program of general welfare or the right of access to health care, as a 
consequence of any individual's decision not to accept family planning 
services, (4) the project shall provide family planning acceptors 
comprehensible information on the health benefits and risks of the 
method chosen, including those conditions that might render the use of 
the method inadvisable and those adverse side effects known to be 
consequent to the use of the method, (5) the project shall ensure that 
experimental contraceptive drugs and devices and medical procedures are 
provided only in the context of a scientific study in which participants 
are advised of potential risks and benefits; and, not less than 60 days 
after the date on which the Administrator of the United States Agency 
for International Development determines that there has been a violation 
of the requirements contained in paragraph (1), (2), (3), or (5) of this 
proviso, or a pattern or practice of violations of the requirements 
contained in paragraph (4) of this proviso, the Administrator shall 
submit to the Committee on International Relations and the Committee on 
Appropriations of the House of Representatives and to the Committee on 
Foreign Relations and the Committee on Appropriations of the Senate, a 
report containing a description of such violation and the corrective 
action taken by the Agency: Provided further, That in awarding grants 
for natural family planning under section 104 of the Foreign Assistance 
Act of 1961 no applicant shall be discriminated against because of such 
applicant's religious or conscientious commitment to offer only natural 
family planning; and, additionally, all such applicants shall comply 
with the requirements of the previous proviso: Provided further, That 
for purposes of this or any other Act authorizing or appropriating funds 
for foreign operations, export financing, and related programs, the term 
``motivate'', as it relates to family planning assistance, shall not be 
construed to prohibit the provision, consistent with local law, of 
information or counseling about all pregnancy options: Provided further, 
That nothing in this paragraph shall be construed to alter any existing 
statutory prohibitions against abortion under section 104 of the Foreign 
Assistance Act of 1961: Provided further, That, notwithstanding section 
109 of the Foreign Assistance Act of 1961, of the funds appropriated 
under this heading in this Act, and of the unobligated balances of funds 
previously appropriated under this heading, not to exceed $2,500,000 may 
be transferred to ``International Organizations and Programs'' for a 
contribution to the International Fund for Agricultural Development 
(IFAD): Provided further, That none of the funds appropriated under this 
heading may be made available for any activity which is in contravention 
to the Convention on International Trade in Endangered Species of Flora 
and Fauna (CITES): [Provided further, That none of the funds 
appropriated under this heading may be made available for assistance for 
the central Government of the Republic of South Africa, until the 
Secretary of State reports in writing to the appropriate committees of 
the Congress on the steps being taken by the United States Government to 
work with the Government of the Republic of South Africa to negotiate 
the repeal, suspension, or termination of section 15(c) of South 
Africa's Medicines and Related Substances Control Amendment Act No. 90 
of 1997:] Provided further, That of the funds appropriated under this 
heading that are made available for assistance programs for displaced 
and orphaned children and victims of war, not to exceed $25,000, in 
addition to funds otherwise available for such purposes, may be used to 
monitor and provide oversight of such programs[: Provided further, That 
of the funds appropriated under this heading, not less than $1,500,000 
should be made available for agriculture programs in Laos: Provided 
further, That of the funds appropriated under this heading not less than 
$500,000 should be made available

[[Page 996]]

for support of the United States Telecommunications Training Institute: 
Provided further, That, of the funds made available by this Act for the 
``Microenterprise Initiative'' (including any local currencies made 
available for the purposes of the Initiative), not less than 50 percent 
of the funds used for microcredit should be made available for support 
of programs providing loans of less than $300 to very poor people, 
particularly women, or for institutional support of organizations 
primarily engaged in making such loans].

                                [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 under the headings ``Economic Support 
Fund'' and ``Development Assistance'', not less than $6,500,000 shall be 
made available to support democracy activities in Burma, democracy and 
humanitarian activities along the Burma-Thailand border, and for Burmese 
student groups and other organizations located outside Burma: Provided, 
That funds made available for Burma-related activities under this 
heading may be made available notwithstanding any other provision of 
law: Provided further, That the provision of such funds shall be made 
available subject to the regular notification procedures of the 
Committees on Appropriations.]

                               [cambodia]

    [None of the funds appropriated by this Act may be made available 
for activities or programs for Cambodia until the Secretary of State 
determines and reports to the Committees on Appropriations that the 
Government of Cambodia has: (1) thoroughly and credibly resolved all 
election-related disputes and complaints filed by all political parties 
to the National Election Commission and the Constitutional Council; (2) 
discontinued all political violence and intimidation of journalists and 
members of opposition parties; and (3) been formed through credible, 
democratic elections: Provided, That the restrictions under this heading 
shall not apply to demining or activities administered by 
nongovernmental organizations: Provided further, That such funds shall 
be subject to the regular notification procedures of the Committees on 
Appropriations.]

                               [indonesia]

    [Of the funds appropriated under the headings ``Economic Support 
Fund'' and ``Development Assistance'', not less than $75,000,000 shall 
be made available for assistance for Indonesia: Provided, That of this 
amount, not less than $15,000,000 should be made available for 
activities administered by the Office of Transition Initiatives: 
Provided further, That of the amount made available under this heading 
up to $25,000,000 may be derived from funds that are available for 
obligation pursuant to section 511 of this Act or any comparable 
provision of law.]

                  [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 United 
States private and voluntary organization, except any cooperative 
development organization, which obtains less than 20 percent of its 
total annual funding for international activities from sources other 
than the United States Government: Provided, That the Administrator of 
the Agency for International Development may, on a case-by-case basis, 
waive the restriction contained in this paragraph, after taking into 
account the effectiveness of the overseas development activities of the 
organization, its level of volunteer support, its financial viability 
and stability, and the degree of its dependence for its financial 
support on the agency: Provided further, That section 123(g) of the 
Foreign Assistance Act of 1961 and the paragraph entitled ``Private and 
Voluntary Organizations'' in title II of the Foreign Assistance and 
Related Programs Appropriations Act, 1985 (as enacted in Public Law 98-
473) are hereby repealed.]
    [Funds appropriated or otherwise made available under title II of 
this Act should be made available to private and voluntary organizations 
at a level which is at least equivalent to the level provided in fiscal 
year 1995. Such private and voluntary organizations shall include those 
which operate on a not-for-profit basis, receive contributions from 
private sources, receive voluntary support from the public and are 
deemed to be among the most cost-effective and successful providers of 
development assistance.] (Foreign Operations, Export Financing, and 
Related Programs Appropriation Act, 1999, as included in Public Law 105-
277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1021-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Functional development assistance.       1,341       1,313         765
                                           ---------   ---------  ----------
10.00   Total new obligations...........       1,341       1,313         765
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         271         127
22.00 New budget authority (gross)......       1,175       1,186         765
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................          24
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......       1,470       1,313         765
23.95 Total new obligations.............      -1,341      -1,313        -765
24.40 Unobligated balance available, end 
        of year.........................         127
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................       1,210       1,225         780
41.00   Transferred to other accounts...         -38         -39         -15
42.00   Transferred from other accounts.           1
                                           ---------   ---------  ----------
43.00     Appropriation (total).........       1,173       1,186         765
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           2
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................       1,175       1,186         765
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year       1,610       1,570       1,802
73.10 Total new obligations.............       1,341       1,313         765
73.20 Total outlays (gross).............      -1,354      -1,081      -1,109
73.40 Adjustments in expired accounts...          -2
73.45 Adjustments in unexpired accounts.         -24
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..       1,570       1,802       1,458
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          83          84          54
86.93 Outlays from current balances.....       1,269         997       1,055
86.97 Outlays from new permanent 
        authority.......................           2
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........       1,354       1,081       1,109
----------------------------------------------------------------------------

    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..................       1,173       1,186         765
90.00 Outlays...........................       1,354       1,081       1,109
---------------------------------------------------------------------------

    Sustainable Development Assistance Program.--The Sustainable 
Development Assistance account funds sustainable development assistance 
activities that are not related to funds requested under the separate 
Development Fund for Africa account or to child survival, disease 
prevention and basic education. While these latter activities are funded 
in the Child Survival and Disease Programs account, the Sustainable 
Development Assistance account funds programs in the areas of economic 
growth, democracy, family planning, human capacity development and 
global environment.

    However, activities funded through these three accounts are key 
components of AID's principle mission of supporting the people of 
developing and transitional countries in their efforts to achieve 
sustainable economic and social progress. These activities support five 
key USAID strategic goals:

[[Page 997]]

    (1) Encouraging broad-based economic growth and agricultural 
development, with the objectives of expanding and strengthening critical 
private markets, achieving more rapid and enhanced agricultural 
development and food security, and, expanding access to economic 
opportunity for the rural and urban poor.

    (2) Strengthening democracy and good governance, with the objectives 
of strengthening the rule of law and respect for human rights of both 
men and women, encouraging credible and competitive political processes, 
promoting the development of a politically active civil society, and 
encouraging more transparent and accountable government institutions.

    (3) Building human capacity through education and training, with the 
objectives of expanding access to quality basic education, especially 
for girls and women, and, increasing the contributions of institutions 
of higher education to sustainable development.

    (4) Stabilizing the world population and protecting human health, 
with the objectives of reducing unintended pregnancies, improving infant 
and child health and nutrition and reducing infant and child mortality, 
reducing deaths, nutrition insecurity and adverse health outcomes to 
women as a result of pregnancy and child birth, reducing HIV 
transmission and the impact of the HIV/AIDS pandemic in developing 
countries, and, reducing the threat of infectious diseases of major 
public health importance.

    (5) Protecting the world's environment, with the objectives of 
preparing national environmental management strategies, improving 
conservation of biologically significant habitats, reducing the rate of 
growth of net emissions of greenhouse gases, increasing the access of 
urban populations to adequate environmental services, conserving energy 
through increased efficiency and reliance on renewable sources, and 
reducing the loss of forest area.

Development Assistance Programs
    (Funded through Sustainable Development Assistance, Development Fund 
for Africa and Child Survival and Disease Program accounts)

Regional Allocations:
 Africa...........................................        $745,003,000
 Asia/Near East...................................        $323,311,000
 Latin America/Caribbean..........................        $309,278,000
 Global...........................................        $389,717,000
 Other............................................         $80,691,000
                                                  --------------------

   Total..........................................       1,848,000,000

Strategic Goal Allocations:
 Economic Growth..................................        $480,000,000
 Human Capacity Development.......................        $128,000,000
 Population, Health, & Nutrition..................        $800,000,000
 Environment......................................        $290,000,000
 Democracy........................................        $150,000,000
                                                  --------------------

   Total..........................................       1,848,000,000

    The above figures include the amounts for which permissive transfers 
for the Development Credit Authority and the International Fund for 
Agricultural Development were requested.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1021-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

11.5    Personnel compensation: Other 
          personnel compensation........           1
22.0    Transportation of things........           8           7           7
25.1    Advisory and assistance services          28          25          15
25.2    Other services..................          86          85          50
26.0    Supplies and materials..........           4
41.0    Grants, subsidies, and 
          contributions.................       1,212       1,196         693
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..       1,339       1,313         765
41.0  Allocation Account: Grants, 
        subsidies, and contributions....           2
                                           ---------   ---------  ----------
99.9    Total new obligations...........       1,341       1,313         765
---------------------------------------------------------------------------

                                

                Child Survival and Disease Programs Fund

    For necessary expenses to carry out the provisions of [chapters 1 
and 10 of part I] sections 103 through 106 of the Foreign Assistance Act 
of 1961, for child survival, basic education, assistance to combat 
tropical and other diseases, and related activities, in addition to 
funds otherwise available for such purposes, [$650,000,000] 
$555,000,000, to remain available until expended: Provided, That this 
amount shall be made available for such activities as: (1) immunization 
programs; (2) oral rehydration programs; (3) health and nutrition 
programs, and related education programs, which address the needs of 
mothers and children; (4) water and sanitation programs; (5) assistance 
for displaced and orphaned children; (6) programs for the prevention, 
treatment, and control of, and research on, tuberculosis, HIV/AIDS, 
polio, malaria and other diseases; and (7) [up to $98,000,000 for] basic 
education programs for children: Provided further, That none of the 
funds appropriated under this heading may be made available for 
nonproject assistance for health and child survival programs, except 
that funds may be made available for such assistance for ongoing health 
programs. (Foreign Operations, Export Financing, and Related Programs 
Appropriations Act, 1999, as included in Public Law 105-277, section 
101(d).)
    [Notwithstanding section 10 of Public Law 91-672, for an additional 
amount for ``Child Survival and Disease Programs Fund'', $50,000,000, to 
remain available until expended: Provided, That the entire amount shall 
be available only to the extent that an official budget request for a 
specific dollar amount that includes designation of the entire amount of 
the request as an emergency requirement as defined in the Balanced 
Budget and Emergency Deficit Control Act of 1985, as amended, is 
transmitted by the President to the Congress: Provided further, That the 
entire amount is designated by the Congress as an emergency requirement 
pursuant to section 251(b)(2)(A) of the Balanced Budget and Emergency 
Deficit Control Act of 1985, as amended.] (Omnibus Consolidated and 
Emergency Supplemental Appropriations Act, 1999, Public Law 105-277, 
Division B, Title IV, chapter 3.)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1095-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................         528         653         555
                                           ---------   ---------  ----------
10.00   Total new obligations...........         528         653         555
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          37          58
22.00 New budget authority (gross)......         550         595         555
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................          -1
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         586         653         555
23.95 Total new obligations.............        -528        -653        -555
24.40 Unobligated balance available, end 
        of year.........................          58
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................         650         700         555
41.00 Transferred to other accounts.....        -100        -105
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........         550         595         555
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         458         835       1,055
73.10 Total new obligations.............         528         653         555
73.20 Total outlays (gross).............        -152        -433        -501
73.45 Adjustments in unexpired accounts.           1
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         835       1,055       1,109
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          39          42          39
86.93 Outlays from current balances.....         113         391         462
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         152         433         501
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         550         595         555
90.00 Outlays...........................         152         433         501
---------------------------------------------------------------------------



[[Page 998]]



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

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1095-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
21.0  Travel and transportation of 
        persons.........................           2           3           2
25.2  Other services....................          26          38          25
41.0  Grants, subsidies, and 
        contributions...................         500         612         528
                                           ---------   ---------  ----------
99.9    Total new obligations...........         528         653         555
---------------------------------------------------------------------------

                                

                       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, in addition to amounts 
otherwise available for such purposes, $512,560,000, to remain available 
until expended.

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1014-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................          42          58         513
                                           ---------   ---------  ----------
10.00   Total new obligations...........          42          58         513
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          51          58
22.00 New budget authority (gross)......                                 513
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................          48
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          99          58         513
23.95 Total new obligations.............         -42         -58        -513
24.40 Unobligated balance available, end 
        of year.........................          58
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................                                 513
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         770         511         373
73.10 Total new obligations.............          42          58         513
73.20 Total outlays (gross).............        -253        -196        -156
73.45 Adjustments in unexpired accounts.         -48
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         511         373         730
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority                                  36
86.93 Outlays from current balances.....         253         196         120
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         253         196         156
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................                                 513
90.00 Outlays...........................         253         196         156
---------------------------------------------------------------------------

    For 2000, the Administration is requesting reinstatement of a 
separate appropriation for this account to highlight the United States' 
commitment to tackling Africa's complex development challenges. The 
fund, while modest in scope, will provide resources for improving 
millions of lives in sub-Saharan Africa and will enable the United 
States to meet the challenges and opportunities for sustainable 
development in that region. As with the Sustainable Development 
Assistance account, the Development Fund for Africa will program 
resources in five USAID strategic goal areas: promoting broad-based and 
sustainable economic growth and agricultural development, strengthening 
democracy and good governance, building human capacity through education 
and training, stabilizing the world population and protecting human 
health, and protecting the world's environment. Funding in this region 
for child survival, infectious diseases and basic education will be 
funded out of the Child Survival and Diseases Program Fund

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1014-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

25.2    Other services..................           3           4          45
41.0    Grants, subsidies, and 
          contributions.................          36          54         468
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..          39          58         513
41.0  Allocation Account: Grants, 
        subsidies, and contributions....           3
                                           ---------   ---------  ----------
99.9    Total new obligations...........          42          58         513
---------------------------------------------------------------------------

                                

           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, [$430,000,000] $393,000,000, to remain 
available until September 30, [2000] 2001, 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 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.
    [(c) None of the funds appropriated under this heading may be made 
available for new housing construction or repair or reconstruction of 
existing housing in Bosnia and Herzegovina unless directly related to 
the efforts of United States troops to promote peace in said country.]
    [(d) With regard to funds appropriated under this heading for the 
economic revitalization program in Bosnia and Herzegovina, and local 
currencies generated by such funds (including the conversion of funds 
appropriated under this heading into currency used by Bosnia and 
Herzegovina as local currency and local currency returned or repaid 
under such program)--
        (1) the Administrator of the Agency for International 
    Development shall provide written approval for grants and loans 
    prior to the obligation and expenditure of funds for such purposes, 
    and prior to the use of funds that have been returned or repaid to 
    any lending facility or grantee; and
        (2) the provisions of section 533 of this Act shall apply.]
    [(e) The President is authorized to withhold funds appropriated 
under this heading made available for economic revitalization programs 
in Bosnia and Herzegovina, if he determines and certifies to the 
Committees on Appropriations that the Federation of Bosnia and 
Herzegovina has not complied with article III of annex 1-A of the 
General Framework Agreement for Peace in Bosnia and Herzegovina 
concerning the withdrawal of foreign forces, and that intelligence 
cooperation on training, investigations, and related activities between 
Iranian officials and Bosnian officials has not been terminated.]
    [(f) Not to exceed $200,000,000 of the funds appropriated under this 
heading may be made available for Bosnia and Herzegovina.]
    [(g)] (c) Funds appropriated under this heading or in prior 
appropriations Acts that are or have been made available for an 
Enterprise Fund may be deposited by such Fund in interest-bearing 
accounts prior to the 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. (Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)

[[Page 999]]

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1010-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations.............         459         564         393
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         168         134
22.00 New budget authority (gross)......         408         430         393
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................          19
22.21 Unobligated balance transferred to 
        other accounts..................          -3
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         592         564         393
23.95 Total new obligations.............        -459        -564        -393
24.40 Unobligated balance available, end 
        of year.........................         134
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................         485         430         393
41.00 Transferred to other accounts.....         -77
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........         408         430         393
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         655         625         739
73.10 Total new obligations.............         459         564         393
73.20 Total outlays (gross).............        -470        -450        -411
73.45 Adjustments in unexpired accounts.         -19
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         625         739         721
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority         121         117          67
86.93 Outlays from current balances.....         349         333         344
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         470         450         411
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         408         430         393
90.00 Outlays...........................         470         450         411
---------------------------------------------------------------------------

    This account provides funds to promote country-specific strategies 
that build on common, region-wide strategic goals, including economic 
restructuring, democratic transition, and social stabilization. 
Authorized Support for Eastern European Democracy (SEED) programs 
concentrate on: (a) the development of market economies and a strong 
private sector; (b) the development and strengthening of institutions 
necessary for sustainable democracy; and, (c) the improvement of the 
basic quality of life in selected areas. This interagency program is 
coordinated out of the State Department's Bureau of European and 
Canadian Affairs.

    The single largest SEED program funded in this account is Bosnia, 
which remains a major Administration priority. Reconstruction needs and 
support for local police continue to be significant in this country as 
it moves towards stability and normalcy. The request for 2000 also 
includes $12.5 million to partially capitalize a $100 million trust 
fund, on a 50-50 basis, in a public-private partnership with a number of 
U.S. foundations. This trust is designed to help sustain support for 
democracy and economic reform through support for non-governmental 
organizations in countries where U.S. direct assistance has been phased 
out.

    The Administration will submit to the Committees on Appropriations a 
plan for the distribution of the assets of the Polish-American 
Enterprise Fund, following transmittal of the budget.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1010-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

11.8    Personnel compensation: Special 
          personal services payments....           2           2           2
21.0    Travel and transportation of 
          persons.......................           2           2           1
25.1    Advisory and assistance services          20          42          20
25.2    Other services..................          56          67          41
41.0    Grants, subsidies, and 
          contributions.................         377         451         329
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..         457         564         393
41.0  Allocation Account: Grants, 
        subsidies, and contributions....           2
                                           ---------   ---------  ----------
99.9    Total new obligations...........         459         564         393
---------------------------------------------------------------------------

                                

  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, [$801,000,000] $1,032,000,000, to remain 
available until September 30, [2000] 2001: Provided, That the provisions 
of such chapter shall apply to funds appropriated by this paragraph: 
Provided further, That such sums as may be necessary may be transferred 
to the Export-Import Bank of the United States for the cost of any 
financing under the Export-Import Bank Act of 1945 for activities for 
the New Independent States.
    (b) Funds appropriated under title II of this Act, including funds 
appropriated under this heading, [should] may be made available for 
assistance for Mongolia [at a level which is at least equivalent to the 
level provided in fiscal year 1998]: Provided, That funds made available 
for assistance for Mongolia may be made available in accordance with the 
purposes and utilizing the authorities provided in chapter 11 of part I 
of the Foreign Assistance Act of 1961.
    [(c)(1) Of the funds appropriated under this heading that are 
allocated for assistance for the Government of Russia, 50 percent shall 
be withheld from obligation until the President determines and certifies 
in writing to the Committees on Appropriations that the Government of 
Russia has terminated implementation of arrangements to provide Iran 
with technical expertise, training, technology, or equipment necessary 
to develop a nuclear reactor, related nuclear research facilities or 
programs, or ballistic missile capability.]
    [(2) Notwithstanding paragraph (1) assistance may be provided for 
the Government of Russia if the President determines and certifies to 
the Committees on Appropriations that making such funds available: (A) 
is vital to the national security interest of the United States; and (B) 
that the Government of Russia is taking meaningful steps to limit major 
supply contracts and to curtail the transfer of technology and 
technological expertise related to activities referred to in paragraph 
(1).]
    [(d) Not more than 30 percent of the funds appropriated under this 
heading may be made available for assistance for any country in the 
region.]
    [(e) Of the funds appropriated under this heading, not less than 
$228,000,000 shall be made available for assistance for the Southern 
Caucasus region: Provided, That of the funds made available for the 
Southern Caucasus region, 17.5 percent should be used for reconstruction 
and other activities relating to the peaceful resolution of conflicts 
within the region, especially those in the vicinity of Abkhazia and 
Nagorno-Karabakh: Provided further, That if the Secretary of State after 
May 30, 1999, determines and reports to the relevant committees of 
Congress that the full amount of funds that may be made available under 
the first proviso cannot be effectively utilized, the amount provided 
may be used for other purposes under this heading: Provided further, 
That of the funds provided under this subsection, 37 percent shall be 
made available for assistance for Georgia and 35 percent shall be made 
available for assistance for Armenia: Provided further, That of funds 
made available for Armenia, not less than 12 percent shall be made 
available for an endowment for the American University in Armenia.]
    [(f)] (c) Section 907 of the FREEDOM Support Act [shall not apply 
to--
        (1) activities to support democracy or assistance under title V 
    of the FREEDOM Support Act and section 1424 of Public Law 104-201;
        (2) any assistance provided by the Trade and Development Agency 
    under section 661 of the Foreign Assistance Act of 1961 (22 U.S.C. 
    2421);
        (3) any activity carried out by a member of the United States 
    and Foreign Commercial Service while acting within his or her 
    official capacity;
        (4) any insurance, reinsurance, guarantee, or other assistance 
    provided by the Overseas Private Investment Corporation under

[[Page 1000]]

    title IV of chapter 2 of part I of the Foreign Assistance Act of 
    1961 (22 U.S.C. 2191 et seq.);
        (5) any financing provided under the Export-Import Bank Act of 
    1945; or
        (6) humanitarian assistance.] is hereby repealed.
    [(g) Of the funds appropriated under this heading, not less than 
$195,000,000 shall be made available for assistance for Ukraine: 
Provided, That not less than $25,000,000 of such funds should be made 
available for nuclear reactor safety programs, of which not less than 
$1,000,000 shall be made available for personnel security initiatives at 
all nuclear reactor installations: Provided further, That 50 percent of 
the amount made available in this subsection, exclusive of funds made 
available for nuclear safety and law enforcement reforms, shall be 
withheld from obligation and expenditure until the Secretary of State 
reports to the Committees on Appropriations that Ukraine has undertaken 
significant economic reforms additional to those achieved in fiscal year 
1998, and include: (1) reform and effective enforcement of commercial 
and tax codes; and (2) continued progress on resolution of complaints by 
United States investors: Provided further, That the report in the 
previous proviso shall be provided 120 days after the date of enactment 
of this Act: Provided further, That for the purposes of the agreement 
with Ukraine submitted to the Congress under section 123 of the Atomic 
Energy Act of 1954, as amended, the requirement to submit the agreement 
and related documents to the Congress and the appropriate congressional 
committees for the periods described in that Act shall be deemed 
satisfied upon the enactment of this Act.]
    [(h) The Coordinator for Assistance to the New Independent States of 
the Former Soviet Union shall inform the Committees on Appropriations 
prior to the obligation of funds made available under this heading for a 
United States national lab to administer nuclear safety activities if 
the management costs exceed 9 percent of the costs associated with the 
program or activity.] (Foreign Operations, Export Financing, and Related 
Programs Appropriation Act, 1999, as included in Public Law 105-277, 
section 101(d).)
    [Notwithstanding section 10 of Public Law 91-672, for an additional 
amount for ``Assistance for the New Independent States of the former 
Soviet Union,'' $46,000,000, to remain available until September 30, 
2000: Provided, That the entire amount shall be available only to the 
extent that an official budget request for a specific dollar amount that 
includes designation of the entire amount of the request as an emergency 
requirement as defined in the Balanced Budget and Emergency Deficit 
Control Act of 1985, as amended, is transmitted by the President to the 
Congress: Provided further, That the entire amount is designated by the 
Congress as an emergency requirement pursuant to section 251(b)(2)(A) of 
the Balanced Budget and Emergency Deficit Control Act of 1985, as 
amended.] (Omnibus Consolidated and Emergency Supplemental 
Appropriations Act, 1999, Public Law 105-277, Division B, Title IV, 
chapter 3.)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1093-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations.............         607       1,066       1,032
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         220         219
22.00 New budget authority (gross)......         581         847       1,032
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           8
22.21 Unobligated balance transferred to 
        other accounts..................          -3
22.22 Unobligated balance transferred 
        from other accounts.............          20
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         826       1,066       1,032
23.95 Total new obligations.............        -607      -1,066      -1,032
23.98 Unobligated balance expiring......          -1
24.40 Unobligated balance available, end 
        of year.........................         219
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................         770         847       1,032
41.00 Transferred to other accounts.....        -190
42.00 Transferred from other accounts...           1
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........         581         847       1,032
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         906         881       1,382
73.10 Total new obligations.............         607       1,066       1,032
73.20 Total outlays (gross).............        -626        -565        -602
73.45 Adjustments in unexpired accounts.          -8
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         881       1,382       1,812
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          25          72          82
86.93 Outlays from current balances.....         601         493         520
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         626         565         602
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         581         847       1,032
90.00 Outlays...........................         626         565         602
---------------------------------------------------------------------------

    This account provides funds for a program of assistance to the 
independent states that emerged from the former Soviet Union. The 
request for the New Independent States totals $1.032 billion. This 
request will fund continuing programs of USAID and other agencies in 
support of economic and democratic transitions. It also includes a new 
emphasis on programs to address the security implications of the 
economic transition.

    Increased funding is requested for programs such as the State 
Department Science Centers and Export Control and border security 
enhancements. These efforts contribute to economic and infrastructure 
reforms as well as to reducing risks of proliferation of weapons of mass 
destruction, weapons delivery systems, materials, technology and 
scientific and technical expertise.

    Collectively, these programs for the New Independent States (NIS) 
are designed to consolidate the process of political and economic 
transition to market democracies, and to help address major 
socioeconomic dislocations where they occur during these transitions. 
Funds will support economic restructuring through helping to create 
conditions that encourage: trade and investment and private sector 
growth; improved government fiscal policy, revenue collection, and 
financial management; a market-oriented financial sector; and a more 
efficient energy sector and a cleaner environment. Funds will support 
democratic transitions through promoting citizen participation, 
establishing the rule of law, and strengthening local governments.

    Program resources requested in 2000 will be increasingly focused on 
the Partnership for Freedom (PFF) approach begun in 1998. This approach 
is designed to achieve the mutual economic and political goals of the 
United States and countries in the region. Building on traditional 
government-to-government technical assistance and tailoring the overall 
U.S. assistance program to unique NIS circumstances, the PFF supports 
broader economic and social ties between the United States and the NIS. 
It includes the development and expansion of sustainable partnerships, 
professional linkages, and citizen exchanges. Programs will be 
increasingly aimed at enhancing local public and private institutional 
capacity as part of the comprehensive strategy to expand trade and 
investment, develop and strengthen small and medium enterprises, 
mobilize capital, reduce crime and corruption, and build viable civil 
societies.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1093-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

11.8    Personnel compensation: Special 
          personal services payments....           2           5           5
21.0    Travel and transportation of 
          persons.......................           1           5           5
25.1    Advisory and assistance services          22          38          34
25.2    Other services..................          45         121          96

[[Page 1001]]

26.0    Supplies and materials..........           2          33          20
41.0    Grants, subsidies, and 
          contributions.................         522         864         872
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..         594       1,066       1,032
41.0  Allocation Account: Grants, 
        subsidies, and contributions....          13
                                           ---------   ---------  ----------
99.9    Total new obligations...........         607       1,066       1,032
---------------------------------------------------------------------------

                                

                        Sahel Development Program

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1012-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           2
73.20 Total outlays (gross).............          -2
----------------------------------------------------------------------------

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

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

    The goal of the Sahel Regional Program was to increase food security 
and ecological balance in Sahel, West Africa. Within that goal, the 
program promoted trade and investment in the West Africa Region, 
encouraged regional dialogue, and provided decision-makers with ready 
access to relevant information on development issues.

    Since 1988 these activities have been funded from the Development 
Fund for Africa and Development Assistance accounts.

                                

                  American Schools and Hospitals Abroad

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1013-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           6
73.20 Total outlays (gross).............          -5
73.40 Adjustments in expired accounts...          -1
----------------------------------------------------------------------------

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

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

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

                                

                 Sub-Saharan Africa Disaster Assistance

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1040-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           3           3           3
24.40 Unobligated balance available, end 
        of year.........................           3           3           3
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           7           6           4
73.20 Total outlays (gross).............                      -2          -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..           6           4           2
----------------------------------------------------------------------------

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

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

    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, [$200,000,000] 
$220,000,000, to remain available until expended. (Foreign Operations, 
Export Financing, and Related Programs Appropriation Act, 1999, as 
included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1035-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total new obligations.............         219         208         220
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          37           8
22.00 New budget authority (gross)......         190         200         220
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         227         208         220
23.95 Total new obligations.............        -219        -208        -220
24.40 Unobligated balance available, end 
        of year.........................           8
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................         190         200         220
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         254         309         321
73.10 Total new obligations.............         219         208         220
73.20 Total outlays (gross).............        -165        -196        -201
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         309         321         340
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          41          50          55
86.93 Outlays from current balances.....         122         146         146
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         165         196         201
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         190         200         220
90.00 Outlays...........................         165         196         201
---------------------------------------------------------------------------

    The International Disaster Assistance (IDA) account provides funds 
for two separate offices. The Office of U.S. Foreign Disaster Assistance 
(OFDA) manages relief, rehabilitation, and reconstruction assistance to 
foreign countries struck by natural and man-made disasters and supports 
disaster prevention, mitigation and preparedness. OFDA's program has 
been placing increasing emphasis on complex emergencies, a product of 
ethnic and national tensions leading to civil strife and the 
displacement of large numbers of people. The $165 million request for 
OFDA for 2000 will be used to provide temporary shelter, blankets, 
supplementary food, potable water, medical supplies and agricultural 
rehabilitation aid, including seeds and hand tools.

    The Office of Transition Initiatives (OTI) promotes the successful 
transition of countries from the initial crisis stage of a complex 
emergency (frequently addressed by OFDA) to the path of sustainable 
development. OTI seeks to promote

[[Page 1002]]

peace and stability which can include: support for demobilization and 
re-integration of ex-combatants into civil society; landmine awareness; 
community self-help projects that reduce tension and promote democratic 
processes; and conflict resolution. The 2000 request for OTI is $55 
million. Since its inception in 1994, OTI has established a successful 
track record and requires additional funding to respond to the 
significant number of opportunities for peaceful transitions from 
complex emergencies.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1035-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.8  Personnel compensation: Special 
        personal services payments......           5           5           5
21.0  Travel and transportation of 
        persons.........................           1           1           1
25.2  Other services....................          18          17          19
26.0  Supplies and materials............           6           6           6
41.0  Grants, subsidies, and 
        contributions...................         189         179         189
                                           ---------   ---------  ----------
99.9    Total new obligations...........         219         208         220
---------------------------------------------------------------------------

                                

     Operating Expenses of the Agency for International Development

    For necessary expenses to carry out the provisions of section 667, 
[$479,950,000: Provided, That none of the funds appropriated by this Act 
for programs administered by the Agency for International Development 
may be used to finance printing costs of any report or study (except 
feasibility, design, or evaluation reports or studies) in excess of 
$25,000 without the approval of the Administrator of the Agency or the 
Administrator's designee] $507,739,000, to remain available until 
September 30, 2001. (Foreign Operations, Export Financing, and Related 
Programs Appropriation Act, 1999, as included in Public Law 105-277, 
section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1000-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
      Direct program:

00.01   Direct program..................         500         501         520
00.02   Foreign national separation fund           2           2           3
09.00 Reimbursable program..............           7           5           5
                                           ---------   ---------  ----------
10.00   Total new obligations...........         509         508         528
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          32          20          20
22.00 New budget authority (gross)......         486         498         513
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................          12          11          11
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         530         529         544
23.95 Total new obligations.............        -509        -508        -528
23.98 Unobligated balance expiring......          -1
24.40 Unobligated balance available, end 
        of year.........................          20          20          17
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................         473         480         508
42.00   Transferred from other accounts.           6          13
                                           ---------   ---------  ----------
43.00     Appropriation (total).........         479         493         508
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           7           5           5
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................         486         498         513
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         209         206         182
73.10 Total new obligations.............         509         508         528
73.20 Total outlays (gross).............        -500        -523        -495
73.40 Adjustments in expired accounts...           1
73.45 Adjustments in unexpired accounts.         -12         -11         -11
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         206         182         204
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority         345         365         376
86.93 Outlays from current balances.....         148         153         114
86.97 Outlays from new permanent 
        authority.......................           7           5           5
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         500         523         495
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

88.00   Offsetting collections (cash) 
          from: Federal sources.........          -7          -5          -5
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         479         493         508
90.00 Outlays...........................         493         518         490
---------------------------------------------------------------------------

    These funds cover the appropriated dollar costs of managing U.S. 
Agency for International Development (USAID) pro- grams, including 
salaries and other expenses of direct hire personnel. USAID currently 
maintains resident staff in more than 70 foreign countries as well as a 
headquarters in Washington, which supports field programs and manages 
regional and worldwide activities as well as costs associated with 
physical security of agency personnel. 

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1000-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

        Personnel compensation:
11.1      Full-time permanent...........         156         157         162
11.3      Other than full-time permanent           4           4           4
11.5      Other personnel compensation..           9           9          10
11.8      Special personal services 
            payments....................          41          41          44
                                           ---------   ---------  ----------
11.9        Total personnel compensation         210         211         220
12.1    Civilian personnel benefits.....          51          58          61
13.0    Benefits for former personnel...           2
21.0    Travel and transportation of 
          persons.......................          20          24          26
22.0    Transportation of things........          10           9          10
23.1    Rental payments to GSA..........          25          25          28
23.2    Rental payments to others.......          23          24          26
23.3    Communications, utilities, and 
          miscellaneous charges.........          13          12          14
24.0    Printing and reproduction.......           1           1           1
25.1    Advisory and assistance services           5           3           3
25.2    Other services..................          67          60          62
25.3    Purchases of goods and services 
          from Government accounts......          25          29          30
25.4    Operation and maintenance of 
          facilities....................           5           4           4
25.7    Operation and maintenance of 
          equipment.....................          13          15          15
26.0    Supplies and materials..........           7           6           6
31.0    Equipment.......................          21          17          15
32.0    Land and structures.............           2           2           1
42.0    Insurance claims and indemnities           1           1           1
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..         501         501         523
99.0  Reimbursable obligations..........           7           5           5
99.5  Below reporting threshold.........           1           2
                                           ---------   ---------  ----------
99.9    Total new obligations...........         509         508         528
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 72-1000-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Direct:
      Total compensable workyears:

1001    Full-time equivalent employment.       2,439       2,378       2,378
1011    Exempt Full-time equivalent 
          employment....................          10          10
    Reimbursable:
2001  Total compensable workyears: Full-
        time equivalent employment......           5           5           5
---------------------------------------------------------------------------

[[Page 1003]]



                                

      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, [$44,552,000] 
$43,837,000. (Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1036-0-1-153      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        13.0)...........................          44          45          44
----------------------------------------------------------------------------

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

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

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

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

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

    The 2000 request will finance the 2000 installment of the unfunded 
liability created by the addition of the U.S. Agency for International 
Development (USAID) Foreign Service personnel to the foreign service 
retirement system and by subsequent salary increases and changes in 
legislation affecting benefits.

                                

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

    For necessary expenses to carry out the provisions of section 667, 
[$30,750,000] $25,261,000, to remain available until September 30, 
[2000] 2001, which sum shall be available for the Office of the 
Inspector General of the Agency for International Development. (Foreign 
Operations, Export Financing, and Related Programs Appropriations Act, 
1999, as included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1007-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................          32          34          26
                                           ---------   ---------  ----------
10.00   Total new obligations...........          32          34          26
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          10           7           4
22.00 New budget authority (gross)......          29          31          25
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          39          38          29
23.95 Total new obligations.............         -32         -34         -26
24.40 Unobligated balance available, end 
        of year.........................           7           4           3
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          29          31          25
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          12          11          17
73.10 Total new obligations.............          32          34          26
73.20 Total outlays (gross).............         -33         -28         -24
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          11          17          19
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          24          22          18
86.93 Outlays from current balances.....           9           6           6
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          33          28          24
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          29          31          25
90.00 Outlays...........................          33          28          24
---------------------------------------------------------------------------

    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. 

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1007-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Personnel compensation:

11.1    Full-time permanent.............          13          14          12
11.5    Other personnel compensation....           1
11.8    Special personal services 
          payments......................           1           1           1
                                           ---------   ---------  ----------
11.9      Total personnel compensation..          15          15          13
12.1  Civilian personnel benefits.......           3           4           4
21.0  Travel and transportation of 
        persons.........................           1           1           1
22.0  Transportation of things..........           1           1
23.1  Rental payments to GSA............           2           2           1
23.2  Rental payments to others.........           1           1           1
25.2  Other services....................           3           3           1
25.3  Purchases of goods and services 
        from Government accounts........           3           3           3
31.0  Equipment.........................           2           2           1
32.0  Land and structures...............           1           1
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..          32          33          25
99.5  Below reporting threshold.........                       1           1
                                           ---------   ---------  ----------
99.9    Total new obligations...........          32          34          26
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 72-1007-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......         189         199         173
---------------------------------------------------------------------------

                                

Public enterprise funds:

                        Property Management Fund

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4175-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.01 Reimbursable program..............           3           1           1
                                           ---------   ---------  ----------
10.00   Total new obligations (object 
          class 32.0)...................           3           1           1
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           5           3           4
22.00 New budget authority (gross)......                       2
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......           5           5           4
23.95 Total new obligations.............          -3          -1          -1
24.40 Unobligated balance available, end 
        of year.........................           3           4           3
----------------------------------------------------------------------------

    New budget authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............                       2
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............           3           1           1
73.20 Total outlays (gross).............          -3          -1
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.93 Outlays from current balances.....           3
86.97 Outlays from new permanent 
        authority.......................                       1
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........           3           1
----------------------------------------------------------------------------

[[Page 1004]]



    Offsets:
      Against gross budget authority and outlays:

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

    Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................           3          -1
---------------------------------------------------------------------------

    This Fund, as authorized by Public Law 101-513, is maintained for 
the deposit of proceeds from the sale of overseas property acquired by 
the Agency for International Development (USAID). The proceeds are 
available to construct or otherwise acquire outside the United States: 
(1) essential living quarters, office space, and necessary supporting 
facilities for use of USAID personnel; and, (2) schools (including 
dormitories and boarding facilities) and hospitals for use of 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.

                                

Intragovernmental funds:

             Advance Acquisition of Property--Revolving Fund

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4590-0-4-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           1           1           1
24.40 Unobligated balance available, end 
        of year.........................           1           1           1
----------------------------------------------------------------------------

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

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

                                

                          Working Capital Fund

                (Legislative proposal, subject to PAYGO)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4513-4-4-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.01 Reimbursable program..............                                   3
                                           ---------   ---------  ----------
09.09   Reimbursable program--subtotal 
          line..........................                                   3
                                           ---------   ---------  ----------
10.00   Total new obligations (object 
          class 11.8)...................                                   3
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......                                   3
23.95 Total new obligations.............                                  -3
----------------------------------------------------------------------------

    New budget authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............                                   3
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............                                   3
73.20 Total outlays (gross).............                                  -3
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................                                   3
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

88.45   Offsetting collections (cash) 
          from: Offsetting governmental 
          collections...................                                  -3
----------------------------------------------------------------------------

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

    USAID is requesting authority to establish a Working Capital Fund 
(WCF) in 2000 to enable the Agency to more effectively handle financing 
in cases where a USAID mission is an ICASS (international cooperative 
administrative support services) provider. The WCF is a no-year fund 
that permits unobligated funds to be carried over from one year to the 
next. This would enable the agency to more effectively manage existing 
reimbursement arrangements and to establish multi-year planning cycles.

                                

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

        General Fund Credit Receipt Accounts (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0402-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
0101  Assistance for the new independent 
        states of the former Soviet 
        Union, downward reestimates of 
        subsidies.......................                                  30
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0402-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.10 Deobligated balance...............           1
22.21 Unobligated balance transferred to 
        other accounts..................          -1
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           1
73.45 Adjustments in unexpired accounts.          -1
----------------------------------------------------------------------------

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

    As required by the Federal Credit Reform Act of 1990, this account 
records, for this program, the subsidy costs associated with the direct 
loans obligated and loan guarantees committed in 1992 and beyond 
(including modifications of direct loans or loan guarantees that 
resulted from obligations or commitments in any year) as well as for the 
administrative expenses of this program. The subsidy amounts are 
estimated on a net present value basis. The administrative expenses are 
eliminated on a cash basis.

    The Ukraine Export Credit Guarantee Program, which terminated in 
1997, insured U.S. exporters against the risk of non-payment for their 
goods on the part of Ukrainian entities. The program had multiple 
objectives, including: (a) helping to feed the needy by pump-priming the 
Ukrainian agricultural sector; (b) paving the way for the resumption of 
U.S. Eximbank activity within the country; and, (c) encouraging

[[Page 1005]]

the requisite shift in orientation of the Ukrainian economy from statist 
to private-sector led.

                                

 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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
08.02 Downward Re-estimate paid to 
        reciept account.................                                  30
                                           ---------   ---------  ----------
10.00   Total new obligations...........                                  30
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          26          28          30
22.00 New financing authority (gross)...           2           2
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          28          30          30
23.95 Total new obligations.............                                 -30
24.40 Unobligated balance available, end 
        of year.........................          28          30
----------------------------------------------------------------------------

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............           2           2
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............                                  30
73.20 Total financing disbursements 
        (gross).........................                                 -30
87.00 Total financing disbursements 
        (gross).........................                                  30
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

88.25   Offsetting collections (cash) 
          from: Interest on uninvested 
          funds.........................          -2          -2
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........          -2          -2          30
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4345-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on commitments:
2111  Limitation on guaranteed loans 
        made by private lenders.........
                                           ---------   ---------  ----------
2150    Total guaranteed loan 
          commitments...................
----------------------------------------------------------------------------

    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........         142          61
2231  Disbursements of new guaranteed 
        loans...........................
2251  Repayments and prepayments........         -81         -61
                                           ---------   ---------  ----------
2290    Outstanding, end of year........          61
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..          61
---------------------------------------------------------------------------

    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   72-4345-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................          26             28            30
      Net value of assets related to 
          post-1991 acquired defaulted 
          guaranteed loans receivable:

1501    Defaulted guaranteed loans 
          receivable, gross.............
1505    Allowance for subsidy cost (-)..
                                        ------------ --------------  ------------  -------------
1599      Net present value of assets 
            related to defaulted 
            guaranteed loans............
                                        ------------ --------------  ------------  -------------
1999    Total assets....................          26             28            30
    LIABILITIES:
2204  Non-Federal liabilities: 
        Liabilities for loan guarantees.          26             28            30
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............          26             28            30
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position          26             28            30
-----------------------------------------------------------------------------------------------

                                

                    Debt Reduction, Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4137-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Payment to liquidating accounts...                      69
00.02 Interest..........................                       2           2
00.03 Interest on Treasury borrowing-EAI 
        debt............................                      31           8
                                           ---------   ---------  ----------
10.00   Total new obligations...........                     102          10
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          49         109
22.00 New financing authority (gross)...          60         114          11
22.60 Redemption of debt................                    -121
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         109         102          11
23.95 Total new obligations.............                    -102         -10
24.40 Unobligated balance available, end 
        of year.........................         109
----------------------------------------------------------------------------

    New financing authority (gross), detail:
67.15 Authority to borrow (indefinite)..                      53           2
      Spending authority from offsetting 
          collections:

68.00   Offsetting collections (cash)...          60          91          61
68.47   Portion applied to debt 
          reduction.....................                     -30         -52
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................          60          61           9
                                           ---------   ---------  ----------
70.00   Total new financing authority 
          (gross).......................          60         114          11
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............                     102          10
73.20 Total financing disbursements 
        (gross).........................                    -102         -11
87.00 Total financing disbursements 
        (gross).........................                     102          11
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources--Paris club 
            debt reduction..............                     -30          -1
88.25     Interest on uninvested funds..          -3          -4          -3
88.40     Repayment of principal--EAI 
            debt........................         -57         -57         -57
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........         -60         -91         -61
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............                      23         -50
90.00 Financing disbursements...........         -60          11         -50
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4137-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on obligations:
1111  Limitation on direct loans........
                                           ---------   ---------  ----------
1150    Total direct loan obligations...
----------------------------------------------------------------------------

    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........         339         282         278
      Disbursements:

1232    Purchase of loans assets from 
          the public....................                      39

[[Page 1006]]

1233    Purchase of loans assets from a 
          liquidating account...........                      14
1251  Repayments: Repayments and 
        prepayments.....................         -57         -57         -57
                                           ---------   ---------  ----------
1290    Outstanding, end of year........         282         278         221
---------------------------------------------------------------------------

    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 U.S. Agency for 
International Development.

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4137-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....          49            109
        Investments in US securities:
1106      Receivables, net..............
      Net value of assets related to 
          post-1991 direct loans 
          receivable:

1401    Direct loans receivable, gross..         339            282           239            182
1405    Allowance for subsidy cost (-)..        -154           -142          -144           -139
                                        ------------ --------------  ------------  -------------
1499      Net present value of assets 
            related to direct loans.....         185            140            95             43
                                        ------------ --------------  ------------  -------------
1999    Total assets....................         234            249            95             43
    LIABILITIES:
      Federal liabilities:

        Debt:
2103      Debt (EAI)....................         234            249            95             43
2103      Debt (Paris Club debt 
            reduction)..................
2203  Non-Federal liabilities: Debt, 
        Debt Reduction..................                                       39             39
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............         234            249           134             82
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position         234            249           134             82
-----------------------------------------------------------------------------------------------

                                

               Loan Guarantees to Israel Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4119-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         397         515         546
22.00 New financing authority (gross)...         118          31          31
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         515         546         577
24.40 Unobligated balance available, end 
        of year.........................         515         546         577
----------------------------------------------------------------------------

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............         118          31          31
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.25     Interest on uninvested funds..         -55         -31         -31
88.40     Non-Federal sources...........         -63
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........        -118         -31         -31
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........        -118         -31         -31
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4119-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on commitments:
2111  Limitation on guaranteed loans 
        made by private lenders.........
                                           ---------   ---------  ----------
2150    Total guaranteed loan 
          commitments...................
----------------------------------------------------------------------------

    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........       7,814       9,226       9,226
2231  Disbursements of new guaranteed 
        loans...........................       1,412
                                           ---------   ---------  ----------
2290    Outstanding, end of year........       9,226       9,226       9,226
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..       9,226       9,226       9,226
---------------------------------------------------------------------------

    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   72-4119-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................         463            515           546            577
                                        ------------ --------------  ------------  -------------
1999    Total assets....................         463            515           546            577
    LIABILITIES:
2204  Non-Federal liabilities: 
        Liabilities for loan guarantees.         397            515           546            577
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............         397            515           546            577
-----------------------------------------------------------------------------------------------

                                

             Urban and Environmental Credit Program Account

    For the cost, as defined in section 502 of the Congressional Budget 
Act of 1974, of guaranteed loans authorized by sections 221 and 222 of 
the Foreign Assistance Act of 1961, including the cost of guaranteed 
loans designed to promote the urban and environmental policies and 
objectives of part I of such Act, [$1,500,000] $3,000,000, to remain 
available until expended: Provided, That these funds are available to 
subsidize loan principal, 100 per centum of which shall be guaranteed, 
pursuant to the authority of such sections. In addition, for 
administrative expenses to carry out guaranteed loan programs, 
$5,000,000, all of which may be transferred to and merged with the 
appropriation for Operating Expenses of the Agency for International 
Development: Provided further, That commitments to guarantee loans under 
this heading may be entered into notwithstanding section 223(j) and the 
second and third sentences of section 222(a) of the Foreign Assistance 
Act of 1961[, and the third and fourth sentences of section 223(j) of 
such Act are repealed]. (Foreign Operations, Export Financing, and 
Related Programs Appropriation Act, 1999, as included in Public Law 105-
277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0401-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.02 Direct program....................           3           2           3
00.09 Direct program....................           6           5           5
                                           ---------   ---------  ----------
10.00   Total new obligations...........           9           7           8
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......           9           7           8
23.95 Total new obligations.............          -9          -7          -8
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................           9           7           8
----------------------------------------------------------------------------

[[Page 1007]]



    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          34          19          12
73.10 Total new obligations.............           9           7           8
73.20 Total outlays (gross).............         -25         -14          -5
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          19          12          15
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           4           4           4
86.93 Outlays from current balances.....          21          10           1
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          25          14           5
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................           9           7           8
90.00 Outlays...........................          25          14           5
---------------------------------------------------------------------------

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

----------------------------------------------------------------------------
Identification code 72-0401-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Guaranteed loan levels supportable by subsidy 
                budget authority:
2150  Loan guarantee levels.............          18          14          26
                                           ---------   ---------  ----------
2159    Total loan guarantee levels.....          18          14          26
    Guaranteed loan subsidy (in percent):
2320  Subsidy rate......................        1.70        1.07        1.15
                                           ---------   ---------  ----------
2329    Weighted average subsidy rate...        1.70        1.07        1.15
    Guaranteed loan subsidy budget authority:
2330  Subsidy budget authority..........           3           2           3
                                           ---------   ---------  ----------
2339    Total subsidy budget authority..           3           2           3
    Guaranteed loan subsidy outlays:
2340  Subsidy outlays...................          19           9           2
                                           ---------   ---------  ----------
2349    Total subsidy outlays...........          19           9           2
----------------------------------------------------------------------------

    Administrative expense data:
3510  Budget authority..................           6           5           3
3580  Outlays from balances.............           4           3           2
3590  Outlays from new authority........           2           2           1
---------------------------------------------------------------------------

    The Urban and Environmental Credit Program (formerly the Housing 
Guaranty Program) provides long-term financing to developing countries 
for innovative urban investment programs in areas such as shelter, 
potable water, wastewater treatment, solid waste disposal, environmental 
improvement of poor urban neighborhoods, and energy distribution. These 
investments focus on improving the quality of life for the urban poor 
through the development of infrastructure and the encouragement of 
reforms in urban policy. The Urban and Environmental Credit Program 
operates by guaranteeing loans from U.S. private investors to borrowers 
in developing countries who are implementing urban programs which have 
been approved by U.S.A.I.D.

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

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0401-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.1  Personnel compensation: Full-time 
        permanent.......................           2           2           2
21.0  Travel and transportation of 
        persons.........................           1           1           1
23.2  Rental payments to others.........           1           1           1
25.3  Purchases of goods and services 
        from Government accounts........           1           1           1
41.0  Grants, subsidies, and 
        contributions...................           3           2           3
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..           8           7           8
99.5  Below reporting threshold.........           1
                                           ---------   ---------  ----------
99.9    Total new obligations...........           9           7           8
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 72-0401-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......          18          19          19
---------------------------------------------------------------------------

                                

Urban and Environmental Credit Program Guaranteed Loan Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4344-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.01 Downward Re-estimate of Subsidy...          14
                                           ---------   ---------  ----------
10.00   Total new obligations (object 
          class 41.0)...................          14
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          37          49          65
22.00 New financing authority (gross)...          26          16           9
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          63          65          74
23.95 Total new obligations.............         -14
24.40 Unobligated balance available, end 
        of year.........................          49          65          74
----------------------------------------------------------------------------

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): (cash).....          26          16           9
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............          14
73.20 Total financing disbursements 
        (gross).........................         -14
87.00 Total financing disbursements 
        (gross).........................          14
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............         -19          -9          -2
88.25     Interest on uninvested funds..          -5          -5          -5
88.40     Non-Federal sources...........          -2          -2          -2
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........         -26         -16          -9
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........         -12         -16          -9
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4344-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on commitments:
2111  Limitation on guaranteed loans 
        made by private lenders.........
2131  Guaranteed loan commitments exempt 
        from limitation.................          18          14          26
                                           ---------   ---------  ----------
2150    Total guaranteed loan 
          commitments...................          18          14          26
----------------------------------------------------------------------------

    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........         343         407         514
2231  Disbursements of new guaranteed 
        loans...........................          64         107          35
                                           ---------   ---------  ----------
2290    Outstanding, end of year........         407         514         549
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..         407         514         549
---------------------------------------------------------------------------

    As required by the Federal Credit Reform Act of 1990, this non-
budgetary account records all cash flows to and from the Government 
resulting from loan guarantees under the Agency for International 
Development (USAID) Urban and Environmental Credit Program committed in 
1992 and be

[[Page 1008]]

yond. 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    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....          37             49            65             74
        Investments in US securities:
1106      Receivables, net..............          36
                                        ------------ --------------  ------------  -------------
1999    Total assets....................          73             49            65             74
    LIABILITIES:
2204  Non-Federal liabilities: 
        Liabilities for loan guarantees.          53             49            65             74
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............          53             49            65             74
    NET POSITION:
3100  Appropriated capital..............          20
                                        ------------ --------------  ------------  -------------
3999    Total net position..............          20
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position          73             49            65             74
-----------------------------------------------------------------------------------------------

                                

     Housing and Other Credit Guaranty Programs Liquidating Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4340-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Claims payments...................          50          31          15
00.02 Interest on borrowing.............           7           8           4
                                           ---------   ---------  ----------
10.00   Total new obligations...........          57          39          19
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          63          69
22.00 New budget authority (gross)......         139         131          71
22.40 Capital transfer to general fund..         -38        -137          -4
22.60 Redemption of debt................         -38         -24         -48
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         126          39          19
23.95 Total new obligations.............         -57         -39         -19
      Unobligated balance available, end of year:

24.40   Unobligated balance available, 
          end of year...................          69
24.40   Unobligated balance available, 
          end of year...................
                                           ---------   ---------  ----------
24.99   Total unobligated balance, end 
          of year.......................          69
----------------------------------------------------------------------------

    New budget authority (gross), detail:
60.05 Appropriation (indefinite)........          51          17          28
      Spending authority from offsetting 
          collections:

        Offsetting collections (cash):
68.00     Offsetting collections (cash).          88          60          43
68.00     Offsetting collections (debt 
            reduction)..................                      54
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................          88         114          43
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................         139         131          71
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           5
73.10 Total new obligations.............          57          39          19
73.20 Total outlays (gross).............         -62         -39         -19
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................          57          39          19
86.98 Outlays from permanent balances...           5
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          62          39          19
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
          Federal sources:
88.00       Federal sources--Payments 
              from debt reduction 
              financing account.........                     -14
88.00       Federal sources (debt 
              reduction)................                     -54
          Non-Federal sources:
88.40       Receipts of principal 
              resulting from rescheduled 
              claims....................         -18         -17         -16
88.40       Recoveries of claims 
              receivable................         -44          -1          -1
88.40       Fees........................          -8          -5          -5
88.40       Interest & late pmt. 
              collection................         -18         -23         -21
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........         -88        -114         -43
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          51          17          28
90.00 Outlays...........................         -26         -75         -24
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4340-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........       1,884       1,834       1,800
2231  Disbursements of new guaranteed 
        loans...........................          19          20          10
2251  Repayments and prepayments........         -30         -29         -44
2261  Adjustments: Terminations for 
        default that result in loans 
        receivable......................         -39         -25         -12
                                           ---------   ---------  ----------
2290    Outstanding, end of year........       1,834       1,800       1,754
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..       1,834       1,800       1,754
----------------------------------------------------------------------------

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

2310    Outstanding, start of year......         487         485          85
2331    Disbursements for guaranteed 
          loan claims...................          56          31          15
        Repayments of loans receivable:
2351      Repayments of loans receivable         -60         -17         -16
2351      Repayments of loans receivable 
            (debt reduction)............                     -54
2351      Adjustments...................           2
        Write-offs of loans receivable:
2361      Write-offs of loans receivable
2361      Write-offs of loans receivable
2364    Other adjustments, net..........                    -360
                                           ---------   ---------  ----------
2390      Outstanding, end of year......         485          85          84
---------------------------------------------------------------------------

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

                        Statement of Operations (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4340-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
0111  Revenue...........................          35             26            28             26
0112  Expense...........................          -9            -42           -22            -19
                                        ------------ --------------  ------------  -------------
0119  Net income or loss (-)............          26            -16             6              7
                                        ------------ --------------  ------------  -------------
0199  Net income or loss................          26            -16             6              7
-----------------------------------------------------------------------------------------------

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4340-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....           5             69
        Investments in US securities:
1104      Agency securities, par........
1206  Non-Federal assets: Receivables, 
        net.............................

[[Page 1009]]

      Net value of assets related to 
          pre-1992 direct loans 
          receivable and acquired 
          defaulted guaranteed loans 
          receivable:

1701    Defaulted guaranteed loans, 
          gross.........................         506            525           206            204
1703    Allowance for estimated 
          uncollectible loans and 
          interest (-)..................        -224           -333          -319           -319
1704    Defaulted guaranteed loans and 
          interest receivable, net......         282            192          -113           -115
                                        ------------ --------------  ------------  -------------
1799      Value of assets related to 
            loan guarantees.............         282            192          -113           -115
1803  Other Federal assets: Property, 
        plant and equipment, net........
                                        ------------ --------------  ------------  -------------
1999    Total assets....................         287            261          -113           -115
    LIABILITIES:
      Federal liabilities:

2102    Interest payable................           4
2103    Debt............................          85             72            24
2105    Other...........................           3              3             3
      Non-Federal liabilities:

2201    Accounts payable................                          2
2204    Liabilities for loan guarantees.         385            376           376            376
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............         477            453           403            376
    NET POSITION:
3100  Appropriated capital..............         183            234           234            234
      Cumulative results of operations:

3300    Cumulative results of operations          12            -50           -68            -43
3300    Cumulative results of operations                                     -306           -306
3500  Future funding requirements.......        -385           -376          -376           -376
                                        ------------ --------------  ------------  -------------
3999    Total net position..............        -190           -192          -516           -491
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position         287            261          -113           -115
-----------------------------------------------------------------------------------------------

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4340-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
42.0  Insurance claims and indemnities..          50          31          15
43.0  Interest and dividends............           7           8           4
                                           ---------   ---------  ----------
99.9    Total new obligations...........          57          39          19
---------------------------------------------------------------------------

                                

         Micro and Small Enterprise Development Program Account

    For the cost of direct loans and loan guarantees, $1,500,000, as 
authorized by section 108 of the Foreign Assistance Act of 1961, as 
amended: Provided, That such costs shall be as defined in section 502 of 
the Congressional Budget Act of 1974: Provided further, That guarantees 
of loans made under this heading in support of microenterprise 
activities may guarantee up to 70 percent of the principal amount of any 
such loans notwithstanding section 108 of the Foreign Assistance Act of 
1961. In addition, for administrative expenses to carry out programs 
under this heading, $500,000, all of which may be transferred to and 
merged with the appropriation for Operating Expenses of the Agency for 
International Development: Provided further, That funds made available 
under this heading shall remain available until September 30, [2000] 
2001. (Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)

        General Fund Credit Receipt Accounts (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0400-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
0101  Microenterprise and small 
        enterprise development, downward 
        reestimates of subsidies........                       1
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0400-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.02 Guaranty loan subsidy--
        Microenterprise credits.........           1           3           1
00.09 Administrative expenses...........           1           1           1
                                           ---------   ---------  ----------
10.00   Total new obligations...........           2           4           2
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           2           2
22.00 New budget authority (gross)......           2           2           2
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......           4           4           2
23.95 Total new obligations.............          -2          -4          -2
24.40 Unobligated balance available, end 
        of year.........................           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, start of year           3           4           5
73.10 Total new obligations.............           2           4           2
73.20 Total outlays (gross).............          -1          -1          -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..           4           5           5
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority                       1           1
86.93 Outlays from current balances.....           1                       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 Micro and Small Enterprise Development Program account supports 
private sector activities in developing countries by providing direct 
loans and loan guarantees to support local micro and small enterprises.

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

    The MSED program works with financial institutions to increase the 
flow of credit to small businesses in developing nations worldwide; 
poverty reduction requires thriving micro and small businesses whose 
success depends, in turn, on the ability to secure credit. The MSED 
program: (a) stimulates the growth and expansion of private sector 
activity by enhancing access to credit for micro and small businesses; 
(b) develops innovative financing mechanisms that address imperfec- 
tions in the credit market that make it difficult for small enterprises 
to get credit; and, (c) strengthens the capacity of indigenous financial 
institutions to engage in micro and small business lending through 
targeted training programs.

    The primary tool is the Loan Portfolio Guaranty (LPG) program which 
provides loan guarantees. The MSED program also uses direct loans and 
guarantees to provide capital for private voluntary organizations (PVOs) 
and non-governmental organizations (NGOs) engaged in microenterprise 
lending activities and to create sustainable relationships between these 
PVOs/NGOs and formal financial institutions. Guarantees are combined 
with training and technical assistance to improve the capacity of banks 
to assess small and micro business credits and to assist borrowers in 
presenting credible proposals to lending institutions.

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

----------------------------------------------------------------------------
Identification code 72-0400-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Guaranteed loan levels supportable by subsidy 
                budget authority:
2150  Loan guarantee levels.............          40          40          30
                                           ---------   ---------  ----------
2159    Total loan guarantee levels.....          40          40          30
    Guaranteed loan subsidy (in percent):
2320  Subsidy rate......................        3.79        3.79        4.94
                                           ---------   ---------  ----------
2329    Weighted average subsidy rate...        3.79        3.79        4.94
    Guaranteed loan subsidy budget authority:
2330  Subsidy budget authority..........           1           1           1
                                           ---------   ---------  ----------
2339    Total subsidy budget authority..           1           1           1

[[Page 1010]]

    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           1
---------------------------------------------------------------------------

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-0400-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
41.0  Direct obligations: Grants, 
        subsidies, and contributions....           1           3           1
99.5  Below reporting threshold.........           1           1           1
                                           ---------   ---------  ----------
99.9    Total new obligations...........           2           4           2
---------------------------------------------------------------------------

                                

  Microenterprise and Small Enterprise Development Credit Direct Loan 
                            Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4342-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

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

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............           1
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

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

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........          -1
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4342-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on obligations:
1111  Limitation on direct loans........
                                           ---------   ---------  ----------
1150    Total direct loan obligations...
----------------------------------------------------------------------------

    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........           2           1           1
1231  Disbursements: Direct loan 
        disbursements...................
1251  Repayments: Repayments and 
        prepayments.....................          -1
                                           ---------   ---------  ----------
1290    Outstanding, end of year........           1           1           1
---------------------------------------------------------------------------

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

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4342-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................                          1
      Net value of assets related to 
          post-1991 direct loans 
          receivable:

1401    Direct loans receivable, gross..           2              1             1              1
                                        ------------ --------------  ------------  -------------
1499      Net present value of assets 
            related to direct loans.....           2                            1              1
                                        ------------ --------------  ------------  -------------
1999    Total assets....................           2              2             1              1
    LIABILITIES:
2201  Non-Federal liabilities: Accounts 
        payable.........................           2              2             1              1
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............           2              2             1              1
-----------------------------------------------------------------------------------------------

                                

    Microenterprise and Small Enterprise Development Guaranteed Loan 
                            Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4343-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Default claims....................           1           1           2
09.01 Downward Re-estimate..............                       1
                                           ---------   ---------  ----------
10.00   Total obligations...............           1           2           2
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           2           3           4
22.00 New financing authority (gross)...           2           2           3
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......           4           5           7
23.95 Total new obligations.............          -1          -2          -2
24.40 Unobligated balance available, end 
        of year.........................           3           4           5
----------------------------------------------------------------------------

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............           2           2           3
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total new obligations.............           1           2           2
73.20 Total financing disbursements 
        (gross).........................          -1          -2          -2
87.00 Total financing disbursements 
        (gross).........................           1           2           2
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............          -1          -1          -2
88.40     Non-Federal sources...........          -1          -1          -1
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........          -2          -2          -3
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........          -1                      -1
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4343-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on commitments:
2111  Limitation on guaranteed loans 
        made by private lenders.........
2131  Guaranteed loan commitments exempt 
        from limitation.................         160         191         200
                                           ---------   ---------  ----------
2150    Total guaranteed loan 
          commitments...................         160         191         200
----------------------------------------------------------------------------

    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........          32          31          49
2231  Disbursements of new guaranteed 
        loans...........................          12          39          41
2251  Repayments and prepayments........         -14         -20         -22
2261  Adjustments: Terminations for 
        default that result in loans 
        receivable......................           1          -1          -2
                                           ---------   ---------  ----------
2290    Outstanding, end of year........          31          49          66
----------------------------------------------------------------------------

[[Page 1011]]


    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..          15          25          26
----------------------------------------------------------------------------

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

2310    Outstanding, start of year......                       1           2
2331    Disbursements for guaranteed 
          loan claims...................           1           1           2
                                           ---------   ---------  ----------
2390      Outstanding, end of year......           1           2           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 loan guarantees under the Agency for International 
Development (USAID) Microenterprise and Small Enterprise Development 
Guarantee program committed in 1992 and beyond (including modifications 
of loan guarantees that resulted from commitments in any year). The 
amounts in this account are a means of financing and are not included in 
the budget totals. 

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4343-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....           2              3             4              5
        Investments in US securities:
1106      Receivables, net..............
                                        ------------ --------------  ------------  -------------
1999    Total assets....................           2              3             4              5
    LIABILITIES:
2204  Non-Federal liabilities: 
        Liabilities for loan guarantees.           1              3             4              5
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............           1              3             4              5
    NET POSITION:
3100  Appropriated capital..............           1
                                        ------------ --------------  ------------  -------------
3999    Total net position..............           1
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position           2              3             4              5
-----------------------------------------------------------------------------------------------

                                

            Private Sector Revolving Fund Liquidating Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4341-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.98 Outlays from permanent balances...           1
----------------------------------------------------------------------------

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

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4341-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........           8
2264  Adjustments: Other adjustments, 
        net.............................          -8
                                           ---------   ---------  ----------
2290    Outstanding, end of year........
----------------------------------------------------------------------------

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

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

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4341-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................
                                        ------------ --------------  ------------  -------------
1599    Net value of assets related to 
          post-1991 acquired defaulted 
          guaranteed loans receivable: 
          Net present value of assets 
          related to defaulted 
          guaranteed loans..............           1
                                        ------------ --------------  ------------  -------------
1999    Total assets....................
    LIABILITIES:
2101  Federal liabilities: Accounts 
        payable.........................
2204  Non-Federal liabilities: 
        Liabilities for loan guarantees.           1
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............           1
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position           1
-----------------------------------------------------------------------------------------------

                                

              Development Credit Authority Program Account

    For the cost of direct loans and loan guarantees, up to $15,000,000, 
to be derived by transfer from funds appropriated by this Act to carry 
out Part I of the Foreign Assistance Act of 1961, as amended, and funds 
appropriated by this Act under the heading, ``Assistance for Eastern 
Europe and the Baltic States'', to remain available until expended, as 
authorized by section 635 of the Foreign Assistance Act of 1961: 
Provided, That such costs, including the cost of modifying such loans, 
shall be as defined in section 502 of the Congressional Budget Act of 
1974: Provided further, That for administrative expenses to carry out 
the direct and guaranteed loan programs, up to $2,000,000 of this amount 
may be transferred to and merged with the appropriation for ``Operating 
Expenses of the Agency for International Development'': Provided 
further, That the provisions of section 107A(d) (relating to general 
provisions applicable to the Development Credit Authority) of the 
Foreign Assistance Act of 1961, as contained in section 306 of H.R. 1486 
as reported by the House Committee on International Relations on May 9, 
1997, shall be applicable to direct loans and loan guarantees provided 
under this heading.

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1264-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.02 Guaranteed loan subsidy...........                       8          13
00.09 Administrative Expenses...........                                   2
                                           ---------   ---------  ----------
10.00   Total new obligations...........                       8          15
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......                       8          15
23.95 Total new obligations.............                      -8         -15
----------------------------------------------------------------------------

    New budget authority (gross), detail:
42.00 Transferred from other accounts...                       8          15
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year                                   6
73.10 Total new obligations.............                       8          15
73.20 Total outlays (gross).............                      -2          -6
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..                       6          15
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority                       2           4
86.93 Outlays from current balances.....                                   3
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........                       2           6
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................                       8          15
90.00 Outlays...........................                       2           6
---------------------------------------------------------------------------

[[Page 1012]]



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

----------------------------------------------------------------------------
Identification code 72-1264-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Guaranteed loan levels supportable by subsidy 
                budget authority:
2150  Loan guarantee levels.............                     120         200
                                           ---------   ---------  ----------
2159    Total loan guarantee levels.....                     120         200
    Guaranteed loan subsidy (in percent):
2320  Subsidy rate......................                    6.26        6.50
                                           ---------   ---------  ----------
2329    Weighted average subsidy rate...                    6.26        6.50
    Guaranteed loan subsidy budget authority:
2330  Subsidy budget authority..........                       8          13
                                           ---------   ---------  ----------
2339    Total subsidy budget authority..                       8          13
    Guaranteed loan subsidy outlays:
2340  Subsidy outlays...................                       2           6
                                           ---------   ---------  ----------
2349    Total subsidy outlays...........                       2           6
---------------------------------------------------------------------------

    The Development Credit Authority (DCA) will permit USAID to utilize 
direct loans and loan guarantees that have market-based rates and other 
market-based terms and conditions to achieve sustainable development 
objectives where these objectives can be achieved more effectively 
through the use of credit mechanisms, as opposed to through grants or 
other financing mechanisms. The DCA will only be used in cases where 
credit risks can be accurately assessed, where the specific developing 
country borrower can responsibly undertake the credit servicing 
obligation, and where the use of USAID credit mechanisms will assist in 
the development of private sector mechanisms that can sustain the 
development impact. Therefore, while DCA will offer USAID an additional 
financing mechanism, it will not alter the Agency's programmatic 
priorities. The Agency will continue to provide the majority of its 
assistance on a grant basis and will utilize the DCA to finance 
development projects that are both developmentally sound and 
creditworthy.

    The DCA is requested as a permitted transfer from funds appropriated 
to carry out Part I of the Foreign Assistance Act so that the actual 
amount of funds transferred for the subsidy cost of DCA credits can be 
commensurate with USAID's credit management capabilities. USAID has 
undertaken an ambitious Credit Management Improvement Action Plan and is 
implementing this plan with the cooperation of the Office of Management 
and Budget. The Agency is currently putting a number of far-reaching 
credit management reforms into effect and expects to have capabilities 
in place that will allow the transfer of the entire $15 million 
requested for the DCA. Transfer of these funds will take place only 
after USAID obtains OMB certification of its credit management 
capabilities as required by Section 591 of the Foreign Operations 
Appropriations Act of FY 1998.

    As required by the Federal Credit Reform Act of 1990, this account 
records, for this program, the subsidy costs associated with the direct 
loans obligated and loan guarantees committed in 1992 and beyond, 
(including modifications of direct loans or loan guarantees that 
resulted from obligations or commitments in any year) as well as for the 
administrative expenses of this program. The subsidy amounts are 
estimated on a net present value basis.

    In 2001, the Administration will propose merging USAID three credit 
programs as one consolidated Development Credit Authority (DCA). This 
single DCA program, which will include a consolidated credit 
administrative budget, will allow USAID to use credit as a flexible 
development tool for a wide range of development purposes. Rather than 
requesting a direct appropriation, USAID will request transfer authority 
from the Development Assistance and other grant accounts to cover the 
subsidy cost of DCA credits. This will allow USAID to choose between 
credit or grant mechanisms for any given development objective. However, 
because there will be a cap on total credit subsidy transfers, credit 
will continue to be used only in those cases where it is a particularly 
appropriate or effective mechanism for achieving a specific objective. 

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1264-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
25.1  Advisory and assistance services..                       1           1
41.0  Grants, subsidies, and 
        contributions...................                       6          13
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..                       7          14
99.5  Below reporting threshold.........                       1           1
                                           ---------   ---------  ----------
99.9    Total new obligations...........                       8          15
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 72-1264-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......                       2           4
---------------------------------------------------------------------------

                                

     Development Credit Authority Guaranteed Loan Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4266-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................                                   2
22.00 New financing authority (gross)...                       2           7
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......                       2           9
24.40 Unobligated balance available, end 
        of year.........................                       2           7
----------------------------------------------------------------------------

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............                       2           7
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources: Subsidy 
            payments from program 
            account.....................                      -2          -6
88.40     Non-Federal sources: Fees.....                                  -1
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........                      -2          -7
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........                      -2          -7
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4266-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on commitments:
2111  Limitation on guaranteed loans 
        made by private lenders.........
2131  Guaranteed loan commitments exempt 
        from limitation.................                     120         320
                                           ---------   ---------  ----------
2150    Total guaranteed loan 
          commitments...................                     120         320
----------------------------------------------------------------------------

    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........                                  31
2231  Disbursements of new guaranteed 
        loans...........................                      31          95
2261  Adjustments: Terminations for 
        default that result in loans 
        receivable......................
                                           ---------   ---------  ----------
2290    Outstanding, end of year........                      31         126
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..                      16          63
----------------------------------------------------------------------------

[[Page 1013]]


    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 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   72-4266-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....                                        2              9
        Investments in US securities:
1106      Receivables, net..............
      Net value of assets related to 
          post-1991 acquired defaulted 
          guaranteed loans receivable:

1501    Defaulted guaranteed loans 
          receivable, gross.............
1502    Interest receivable.............
1504    Foreclosed property.............
1505    Allowance for subsidy cost (-)..
                                        ------------ --------------  ------------  -------------
1599      Net present value of assets 
            related to defaulted 
            guaranteed loans............
                                        ------------ --------------  ------------  -------------
1999    Total assets....................                                        2              9
    LIABILITIES:
2204  Non-Federal liabilities: 
        Liabilities for loan guarantees.                                        2              9
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............                                        2              9
    NET POSITION:
3100  Appropriated capital..............
                                        ------------ --------------  ------------  -------------
3999    Total net position..............
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position                                        2              9
-----------------------------------------------------------------------------------------------

                                

             Economic Assistance Loans--Liquidating Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4103-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         128         114
22.00 New budget authority (gross)......       1,215         763         715
      Capital transfer to general fund:

22.40   Capital transfer to general fund      -1,229        -876        -715
22.40   Capital transfer to Debt Red. 
          Fin. Acct.....................                      -1
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         114
24.40 Unobligated balance available, end 
        of year.........................         114
----------------------------------------------------------------------------

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

        Offsetting collections (cash):
68.00     Offsetting collections (cash).       1,215         762         715
68.00     Offsetting collections (cash).                       1
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................       1,215         763         715
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............                      -1
          Non-Federal sources:
88.40       Non-Federal sources-
              Principal.................        -587        -543        -514
88.40       Non-Federal sources-Interest        -628        -219        -201
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........      -1,215        -763        -715
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................      -1,215        -763        -715
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-4103-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........      12,164      11,435      10,888
1231  Disbursements: Direct loan 
        disbursements...................
      Repayments:

        Repayments and prepayments:
1251      Repayments and prepayments....        -587        -543        -514
1251      Repayments and prepayments....                      -1
1261  Adjustments: Capitalized interest.          56
1264  Write-offs for default: Other 
        adjustments, net................        -198          -3          -1
                                           ---------   ---------  ----------
1290    Outstanding, end of year........      11,435      10,888      10,373
---------------------------------------------------------------------------

                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   72-4103-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................                        114
      Net value of assets related to 
          pre-1992 direct loans 
          receivable and acquired 
          defaulted guaranteed loans 
          receivable:

1601    Direct loans, gross.............                     11,435        10,888         10,373
1602    Interest receivable.............                        379           429            486
1603    Allowance for estimated 
          uncollectible loans and 
          interest (-)..................                     -5,235        -5,235         -5,235
                                        ------------ --------------  ------------  -------------
1699      Value of assets related to 
            direct loans................                      6,579         6,082          5,624
                                        ------------ --------------  ------------  -------------
1999    Total assets....................                      6,693         6,082          5,624
    LIABILITIES:
2104  Federal liabilities: Resources 
        payable to Treasury.............                      6,693         6,082          5,624
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............                      6,693         6,082          5,624
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position                      6,693         6,082          5,624
-----------------------------------------------------------------------------------------------

    The Economic Assistance Loans liquidating account consolidates 
liquidating credit activity from three previous accounts: Economic 
Support Fund, Functional Development Assistance Program, and the 
Development Loans Revolving Fund. This was done to simplify 
presentation. As required by the Federal Credit Reform Act of 1990, this 
account records all cash flows to and from the Government resulting from 
direct loans prior to 1992. This account is shown on a cash basis.

                                

                               Trust Funds

        Foreign Service National Separation Liability Trust Fund

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-8342-0-7-602      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        12.1)...........................           3           2           3
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......           3           2           3
23.95 Total new obligations.............          -3          -2          -3
----------------------------------------------------------------------------

    New budget authority (gross), detail:
60.27 Appropriation (trust fund, 
        indefinite).....................           3           2           3
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           8          10          10
73.10 Total new obligations.............           3           2           3
73.20 Total outlays (gross).............          -1          -1          -1
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          10          10          10
----------------------------------------------------------------------------

[[Page 1014]]



    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................           1           1           1
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................           3           2           3
90.00 Outlays...........................           1           1           1
---------------------------------------------------------------------------

    This Fund is maintained to pay separation costs for Foreign Service 
National employees of the U.S. Agency for International Development in 
those countries in which such pay is legally required. The Fund, as 
authorized by Public Law 102-138, is maintained by annual Government 
contributions which are appropriated in several Agency accounts.

                                

                     Miscellaneous Trust Funds, AID 

              Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-9971-0-7-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Balance, start of year:
01.99 Balance, start of year............
    Receipts:
02.01 Gifts and donations...............          50
    Appropriation:
05.01 Miscellaneous trust funds.........         -50
07.99 Total balance, end of year........
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-9971-0-7-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
10.00 Total obligations (object class 
        41.0)...........................          50
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           1           1
22.00 New budget authority (gross)......          50
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          51           1
23.95 Total new obligations.............         -50
24.40 Unobligated balance available, end 
        of year.........................           1
----------------------------------------------------------------------------

    New budget authority (gross), detail:
60.27 Appropriation (trust fund, 
        indefinite).....................          50
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           1           1
73.10 Total new obligations.............          50
73.20 Total outlays (gross).............         -50          -1
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..           1
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................          50
86.98 Outlays from permanent balances...                       1
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          50           1
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          50
90.00 Outlays...........................          50           1
---------------------------------------------------------------------------

    The Miscellaneous Trust Funds account includes gifts and donations 
that AID receives from other governments, non-governmental 
organizations, or private citizens. AID has authority to spend these 
gifts and donations for development purposes under Section 635(d) of the 
Foreign Assistance Act. In 1997, this account received $50 million from 
Israel that was used to finance part of the Mideast Peace and Stability 
Fund.

                                


 
                 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 [$32,500,000 of which not more than $27,500,000 may be 
made available until the Corporation reports to the Committees on 
Appropriations on measures taken to (1) establish sector specific 
investment funds; and (2) support regional investment initiatives in 
Georgia, Armenia and Azerbaijan through the Caucasus Fund] $35,000,000: 
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, 1999, as included in Public Law 105-
277, section 101(d).)

              Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4184-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Balance, start of year:
01.99 Balance, start of year............       2,381       2,579       2,698
                                           ---------   ---------  ----------
03.00 Offsetting collections............         198         119         204
04.00 Total: Balances and collections...       2,579       2,698       2,902
07.99 Total balance, end of year........       2,579       2,698       2,902
---------------------------------------------------------------------------

    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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.01 Noncredit administrative expenses.          13          14          14
09.02 Insurance claim payments/
        provisions......................          50          40          60
09.03 Credit administrative expenses....          19          21          21
                                           ---------   ---------  ----------
10.00   Total new obligations...........          82          75          95
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          21         107         165
22.00 New budget authority (gross)......          82          75          95
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           5           1           1
22.22 Unobligated balance transferred 
        from other accounts.............          81          57
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         189         240         261
23.95 Total new obligations.............         -82         -75         -95
24.40 Unobligated balance available, end 
        of year.........................         107         165         166
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

41.00   Transferred to other accounts...         -24        -125         -45
42.00   Transferred from other accounts.                       1
                                           ---------   ---------  ----------
43.00     Appropriation (total).........         -24        -124         -45
      Permanent:

        Spending authority from 
            offsetting collections:
68.00     Offsetting collections (cash).         310         323         344
68.10     From Federal sources: Change 
            in receivables and unpaid, 
            unfilled orders.............          -6          -5

[[Page 1015]]

68.45     Portion not expected to be 
            obligated...................        -198        -119        -204
                                           ---------   ---------  ----------
68.90       Spending authority from 
              offsetting collections 
              (total)...................         106         199         140
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................          82          75          95
----------------------------------------------------------------------------

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

72.40   Obligated balance, start of year         112         154         180
72.95   From Federal sources: 
          Receivables and unpaid, 
          unfilled orders...............          47          41          36
                                           ---------   ---------  ----------
72.99     Total unpaid obligations, 
            start of year...............         159         195         216
73.10 Total new obligations.............          82          75          95
73.20 Total outlays (gross).............         -41         -53         -55
73.45 Adjustments in unexpired accounts.          -5          -1          -1
      Unpaid obligations, end of year:

74.40   Obligated balance, end of year..         154         180         219
74.95   From Federal sources: 
          Receivables and unpaid, 
          unfilled orders...............          41          36          36
                                           ---------   ---------  ----------
74.99     Total unpaid obligations, end 
            of year.....................         195         216         255
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................          32          33          35
86.98 Outlays from permanent balances...           8          20          20
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          41          53          55
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............         -19         -21         -21
88.20     Interest on U.S. securities...        -202        -215        -234
88.40     Non-Federal sources...........         -89         -87         -89
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........        -310        -323        -344
88.95 From Federal sources: Change in 
        receivables and unpaid, unfilled 
        orders..........................           6           5
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................        -222        -243        -249
90.00 Outlays...........................        -269        -270        -289
----------------------------------------------------------------------------

    Memorandum (non-add) entries:
92.01 Total investments, start of year: 
        U.S. securities: Par value......       2,501       2,807       3,201
92.02 Total investments, end of year: 
        U.S. securities: Par value......       2,807       3,201       3,258
---------------------------------------------------------------------------

    The Overseas Private Investment Corporation encourages the 
participation of United States private sector capital and skills in the 
economic and social development of developing countries and emerging 
market economies. Its primary noncredit program is political risk 
insurance against losses due to expropriation, inconvertibility, and 
damage due to political violence. 

                  Status of Funds (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4184-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Unexpended balance, start of year:
0100  Treasury balance..................          11          21          16
      U.S. Securities:

0101    Par value.......................       2,527       2,833       3,047
0102    Unrealized discounts............         -24         -14         -20
                                           ---------   ---------  ----------
0199    Total balance, start of year....       2,514       2,840       3,043
    Cash income during the year:
      Offsetting collections:

0280    Offsetting collections..........         310         323         344
    Cash outgo during year:
0500  Overseas private investment 
        corporation noncredit account...         -41         -53         -55
0645  Balance transferred, net..........          57         -67         -45
    Unexpended balance, end of year:
0700  Treasury balance..................          21          16          23
      U.S. Securities:

0701    Par value.......................       2,833       3,047       3,284
0702    Unrealized discounts............         -14         -20         -20
                                           ---------   ---------  ----------
0799    Total balance, end of year......       2,840       3,043       3,287
---------------------------------------------------------------------------
                                   INSURANCE PROGRAM ACTIVITY
                                    [In millions 1997 actual 1998 actual  1999 est.   2000 est.
Aggregate insurance outstanding, start of year..      31,395      26,579      26,234      26,045
Aggregate insurance issued during year..........       3,732       4,842       5,000       6,000
Aggregate insurance reductions and cancellations      -8,548      -5,187      -5,190      -5,152
                                                ------------------------------------------------
Aggregate insurance outstanding, end of year....      26,579      26,234      26,045      26,892
Net growth/(decline) of portfolio...............      -4,816        -345        -190         848
Net growth rate of insurance portfolio (in 
    percent)....................................      -15.34       -1.30       -0.72        3.26
                                                ------------------------------------------------
                                  STATUS OF INSURANCE AUTHORITY
                                    [In millions 1997 actual 1998 actual  1999 est.   2000 est.
Statutory authority limitation \1\..............      23,000      29,000      29,000      29,000
Maximum contingent liability, end of year.......      12,137      11,852      12,573      12,982
Estimated potential exposure to claims, end of 
    year........................................       7,172       6,876       7,436       7,678
                                                ================================================
    \1\ This is a combined insurance and finance limitation. OPIC will 
monitor issuance and runoff to stay within the limitation.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4184-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.1  Personnel compensation: Full-time 
        permanent.......................           6           6           7
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           3           3
25.3  Purchases of goods and services 
        from Government accounts........          19          21          20
42.0  Insurance claims and indemnities..          50          40          60
                                           ---------   ---------  ----------
99.9    Total new obligations...........          82          75          95
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 71-4184-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
2001  Total compensable workyears: Full-
        time equivalent employment......          77          77          88
---------------------------------------------------------------------------

                                

Credit accounts:

         Overseas Private Investment Corporation Program Account

    For the cost of direct and guaranteed loans, [$50,000,000] 
$24,000,000, 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 [1999 and 2000] 2000 and 2001: 
Provided further, That such sums shall remain available through fiscal 
year [2007] 2008 for the disbursement of direct and guaranteed loans 
obligated in fiscal year [1999] 2000, and through fiscal year [2008] 
2009 for the disbursement of direct and guaranteed loans obligated in 
fiscal year [2000] 2001: Provided further, That in addition, such sums 
as may be necessary for administrative expenses to carry out the credit 
program may be derived from amounts available for administrative 
expenses to carry out the credit and insurance programs in the Overseas 
Private Investment Corporation Noncredit Account and merged with said 
account. (Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-0100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct loan subsidy...............          12          15          14
00.02 Guaranteed loan subsidy...........          15          35          10
00.09 Credit administrative expenses....          19          21          21
                                           ---------   ---------  ----------

[[Page 1016]]


10.00   Total new obligations...........          46          71          45
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          87           7          56
22.00 New budget authority (gross)......          24         126          45
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           5                       2
22.21 Unobligated balance transferred to 
        other accounts..................         -19
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          97         133         103
23.95 Total new obligations.............         -46         -71         -45
23.98 Unobligated balance expiring......         -44          -6
24.40 Unobligated balance available, end 
        of year.........................           7          56          58
----------------------------------------------------------------------------

    New budget authority (gross), detail:
42.00 Transferred from other accounts...          24         126          45
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........          24         126          45
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year         127         105         117
73.10 Total new obligations.............          46          71          45
73.20 Total outlays (gross).............         -63         -58         -73
73.45 Adjustments in unexpired accounts.          -5                      -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         105         117          87
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          19          24          22
86.93 Outlays from current balances.....          44          35          50
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          63          58          73
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          24         126          45
90.00 Outlays...........................          63          58          73
---------------------------------------------------------------------------

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

----------------------------------------------------------------------------
Identification code 71-0100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Direct loan levels supportable by subsidy 
                budget authority:
1150  Direct loan levels................         133         136         130
                                           ---------   ---------  ----------
1159    Total direct loan levels........         133         136         130
    Direct loan subsidy (in percent):
1320  Subsidy rate......................        3.00       11.00       11.00
                                           ---------   ---------  ----------
1329    Weighted average subsidy rate...        3.00       11.00       11.00
    Direct loan subsidy budget authority:
1330  Subsidy budget authority..........           4          15          14
                                           ---------   ---------  ----------
1339    Total subsidy budget authority..           4          15          14
    Direct loan subsidy outlays:
1340  Subsidy outlays...................           6           8          10
                                           ---------   ---------  ----------
1349    Total subsidy outlays...........           6           8          10
----------------------------------------------------------------------------

    Guaranteed loan levels supportable by subsidy 
                budget authority:
2150  Loan guarantee levels.............       1,800       1,750       1,000
                                           ---------   ---------  ----------
2159    Total loan guarantee levels.....       1,800       1,750       1,000
    Guaranteed loan subsidy (in percent):
2320  Subsidy rate......................        3.00        1.50        1.00
                                           ---------   ---------  ----------
2329    Weighted average subsidy rate...        3.00        1.50        1.00
    Guaranteed loan subsidy budget authority:
2330  Subsidy budget authority..........          56          35          46
                                           ---------   ---------  ----------
2339    Total subsidy budget authority..          56          35          46
    Guaranteed loan subsidy outlays:
2340  Subsidy outlays...................          29          29          40
                                           ---------   ---------  ----------
2349    Total subsidy outlays...........          29          29          40
----------------------------------------------------------------------------

    Administrative expense data:
3510  Budget authority..................          19          20          21
3590  Outlays from new authority........          19          20          21
---------------------------------------------------------------------------

    The Overseas Private Investment Corporation encourages the 
participation of United States private sector capital and skills in the 
economic and social development of developing countries and emerging 
market economies. Its primary credit program is investment financing 
through loans and guaranteed loans.

    As required by the Federal Credit Reform Act of 1990, the Program 
Account records the subsidy costs associated with the direct loans 
obligated and loan guarantees committed in 1992 and beyond (including 
modifications of direct loans or loan guarantees that resulted from 
obligations or commitments in any year), as well as administrative 
expenses of this program. The subsidy amounts are estimated on a present 
value basis; the administrative expenses are estimated on a cash basis.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-0100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.1  Personnel compensation: Full-time 
        permanent.......................           7           8           9
12.1  Civilian personnel benefits.......           2           2           2
21.0  Travel and transportation of 
        persons.........................           1           1           1
23.2  Rental payments to others.........           3           3           3
25.2  Other services (contracts)........           4           5           5
41.0  Grants, subsidies, and 
        contributions...................          27          50          24
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..          44          69          44
99.5  Below reporting threshold.........           2           2           1
                                           ---------   ---------  ----------
99.9    Total new obligations...........          46          71          45
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 71-0100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......         115         115         132
---------------------------------------------------------------------------

                                

  Overseas Private Investment Corporation Direct Loan Financing Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4074-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................          66         121         116
00.02 Direct program....................          11          15          14
                                           ---------   ---------  ----------
10.00   Total new obligations...........          77         136         130
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          13          19
22.00 New financing authority (gross)...         104         139         131
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           9
22.60 Redemption of debt................         -30         -22
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          96         136         131
23.95 Total new obligations.............         -77        -136        -130
24.40 Unobligated balance available, end 
        of year.........................          19
----------------------------------------------------------------------------

    New financing authority (gross), detail:
67.15 Authority to borrow (indefinite)..          66         121         116
      Spending authority from offsetting 
          collections:

68.00   Offsetting collections (cash)...          54          31          34
68.47   Portion applied to debt 
          reduction.....................         -16         -13         -19
                                           ---------   ---------  ----------
68.90     Spending authority from 
            offsetting collections 
            (total).....................          38          18          15
                                           ---------   ---------  ----------
70.00   Total new financing authority 
          (gross).......................         104         139         131
----------------------------------------------------------------------------

[[Page 1017]]



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

72.40   Obligated balance, start of year          68         110         186
72.95   Receivables from program account           4           4           4
                                           ---------   ---------  ----------
72.99     Total unpaid obligations, 
            start of year...............          72         114         190
73.10 Total new obligations.............          77         136         130
73.20 Total financing disbursements 
        (gross).........................         -26         -60         -70
73.45 Adjustments in unexpired accounts.          -9
      Unpaid obligations, end of year:

74.40   Obligated balance, end of year..         110         186         246
74.95   Receivables from program account           4           4           4
                                           ---------   ---------  ----------
74.99     Total unpaid obligations, end 
            of year.....................         114         190         250
87.00 Total financing disbursements 
        (gross).........................          26          60          70
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............          -6          -9         -10
          Non-Federal sources:
88.40       Repayments of Principal.....         -40         -12         -14
88.40       Interest received on loans..          -7          -8          -8
88.40       Fees........................          -1          -2          -2
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........         -54         -31         -34
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............          50         108          97
90.00 Financing disbursements...........         -28          29          36
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4074-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on obligations:
1111  Limitation on direct loans........
1131  Direct loan obligations exempt 
        from limitation.................          76         136         130
                                           ---------   ---------  ----------
1150    Total direct loan obligations...          76         136         130
----------------------------------------------------------------------------

    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........          83          69         117
1231  Disbursements: Direct loan 
        disbursements...................          26          60          70
1251  Repayments: Repayments and 
        prepayments.....................         -40         -12         -14
                                           ---------   ---------  ----------
1290    Outstanding, end of year........          69         117         173
---------------------------------------------------------------------------

    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    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....          14             29             4              3
        Investments in US securities:
1106      Receivables, net..............           4              8             8              8
1206  Non-Federal assets: Receivables, 
        net.............................                          2             2              2
      Net value of assets related to 
          post-1991 direct loans 
          receivable:

1401    Direct loans receivable, gross..          83             63           112            168
1402    Interest receivable.............           1              1             1              1
1404    Foreclosed property.............
1405    Allowance for subsidy cost (-)..         -13            -20           -20            -20
                                        ------------ --------------  ------------  -------------
1499      Net present value of assets 
            related to direct loans.....          71             44            93            149
                                        ------------ --------------  ------------  -------------
1999    Total assets....................          89             83           107            162
    LIABILITIES:
      Federal liabilities:

2101    Accounts payable................                          4             4              4
2102    Interest payable................
2103    Debt............................          84             74            98            153
2105    Other Federal liabilities.......           3              4             4              4
2207  Non-Federal liabilities: Other....           2              1             1              1
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............          89             83           107            162
    NET POSITION:
3300  Cumulative results of operations..
                                        ------------ --------------  ------------  -------------
3999    Total net position..............
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position          89             83           107            162
-----------------------------------------------------------------------------------------------

                                

   Overseas Private Investment Corporation Guaranteed Loan Financing 
                                 Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4075-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Default claims....................           7          50          50
00.02 Capitalized costs.................           2           3           3
                                           ---------   ---------  ----------
10.00   Total new obligations...........           9          53          53
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         181         275         335
22.00 New financing authority (gross)...         103         113         131
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         284         388         466
23.95 Total new obligations.............          -9         -53         -53
24.40 Unobligated balance available, end 
        of year.........................         275         335         413
----------------------------------------------------------------------------

    New financing authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............         103         113         131
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           4           3           3
73.10 Total new obligations.............           9          53          53
73.20 Total financing disbursements 
        (gross).........................         -10         -53         -53
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..           3           3           3
87.00 Total financing disbursements 
        (gross).........................          10          53          53
----------------------------------------------------------------------------

    Offsets:
      Against gross financing authority and 
          financing disbursements:

        Offsetting collections (cash) 
            from:
88.00     Federal sources: Payments from 
            program account.............         -29         -29         -41
88.25     Interest on uninvested funds..         -13         -14         -15
          Non-Federal sources:
88.40       Claim recoveries............          -5          -5          -5
88.40       Fees........................         -56         -65         -70
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........        -103        -113        -131
----------------------------------------------------------------------------

    Net financing authority and financing 
        disbursements:
89.00 Financing authority...............
90.00 Financing disbursements...........         -93         -60         -78
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4075-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Position with respect to appropriations act 
                limitation on commitments:
2111  Limitation on guaranteed loans 
        made by private lenders.........       1,800       1,750       1,100
2131  Guaranteed loan commitments exempt 
        from limitation.................         618         850       1,000
                                           ---------   ---------  ----------
2150    Total guaranteed loan 
          commitments...................       2,418       2,600       2,100
----------------------------------------------------------------------------

    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........       1,981       2,613       3,163
2231  Disbursements of new guaranteed 
        loans...........................         760         950       1,000
2251  Repayments and prepayments........        -121        -350        -450
2261  Adjustments: Terminations for 
        default that result in loans 
        receivable......................          -7         -50         -50
                                           ---------   ---------  ----------
2290    Outstanding, end of year........       2,613       3,163       3,663
----------------------------------------------------------------------------

[[Page 1018]]


    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..       2,613       3,163       3,663
----------------------------------------------------------------------------

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

2310    Outstanding, start of year......          18          21          56
2331    Disbursements for guaranteed 
          loan claims...................           8          50          50
2351    Repayments of loans receivable..          -5         -15         -20
                                           ---------   ---------  ----------
2390      Outstanding, end of year......          21          56          86
---------------------------------------------------------------------------

    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    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
1101  Federal assets: Fund balances with 
        Treasury........................         188            279           338            413
1206  Non-Federal assets: Receivables, 
        net.............................           9             31            17             17
      Net value of assets related to 
          post-1991 acquired defaulted 
          guaranteed loans receivable:

1501    Defaulted guaranteed loans 
          receivable, gross.............          16             21            56             86
                                        ------------ --------------  ------------  -------------
1599      Net present value of assets 
            related to defaulted 
            guaranteed loans............          16             21            56             86
                                        ------------ --------------  ------------  -------------
1999    Total assets....................         213            331           411            516
    LIABILITIES:
2103  Federal liabilities: Debt.........           4
      Non-Federal liabilities:

2204    Liabilities for loan guarantees.         170            298           343            418
2207    Other non-fed...................          25             21            56             86
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............         199            319           399            504
    NET POSITION:
3300  Cumulative results of operations..          14             12            12             12
                                        ------------ --------------  ------------  -------------
3999    Total net position..............          14             12            12             12
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position         213            331           411            516
-----------------------------------------------------------------------------------------------

                                

       Overseas Private Investment Corporation Liquidating Account

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4030-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct program....................           2          15          12
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          43.0).........................           2          15          12
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         116          57
22.00 New budget authority (gross)......          20          15          12
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           4
22.21 Unobligated balance transferred to 
        other accounts..................         -81         -57
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          59          15          12
23.95 Total new obligations.............          -2         -15         -12
24.40 Unobligated balance available, end 
        of year.........................          57
----------------------------------------------------------------------------

    New budget authority (gross), detail:
68.00 Spending authority from offsetting 
        collections (gross): Offsetting 
        collections (cash)..............          20          15          12
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           4
73.10 Total new obligations.............           2          15          12
73.20 Total outlays (gross).............          -2         -15         -12
73.45 Adjustments in unexpired accounts.          -4
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................           2          15          12
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.20     Interest on U.S. securities...          -3          -3
88.40     Non-Federal sources...........         -17         -12         -12
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........         -20         -15         -12
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................         -18
----------------------------------------------------------------------------

    Memorandum (non-add) entries:
92.01 Total investments, start of year: 
        U.S. securities: Par value......          35          35
92.02 Total investments, end of year: 
        U.S. securities: Par value......          35
---------------------------------------------------------------------------

               Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4030-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of direct loans 
                outstanding:
1210  Outstanding, start of year........          37          22          14
1231  Disbursements: Direct loan 
        disbursements...................
1251  Repayments: Repayments and 
        prepayments.....................         -13          -6          -7
1264  Write-offs for default: Other 
        adjustments, net................          -2          -2          -2
                                           ---------   ---------  ----------
1290    Outstanding, end of year........          22          14           5
---------------------------------------------------------------------------

             Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 71-4030-0-3-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Cumulative balance of guaranteed loans 
                outstanding:
2210  Outstanding, start of year........         141          81          28
2231  Disbursements of new guaranteed 
        loans...........................
2251  Repayments and prepayments........         -60         -40         -10
2263  Adjustments: Terminations for 
        default that result in claim 
        payments........................                     -13         -16
                                           ---------   ---------  ----------
2290    Outstanding, end of year........          81          28           2
----------------------------------------------------------------------------

    Memorandum:
2299  Guaranteed amount of guaranteed 
        loans outstanding, end of year..          81          28           2
---------------------------------------------------------------------------

    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    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
0101  Revenue...........................          12             13            12             12
0102  Expense...........................          -2             -2            -2             -2
                                        ------------ --------------  ------------  -------------
0109  Net income or loss (-)............          10             11            10             10
-----------------------------------------------------------------------------------------------

[[Page 1019]]



                             Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code   71-4030-0-3-151    1997 actual    1998 actual     1999 est.      2000 est.
-----------------------------------------------------------------------------------------------
    ASSETS:
      Federal assets:

1101    Fund balances with Treasury.....          86             27             4              4
        Investments in US securities:
1102      Treasury securities, par......          35             35
1106      Receivables, net..............           1              1             1              1
1206  Non-Federal assets: Receivables, 
        net.............................                          1             1              1
      Net value of assets related to 
          pre-1992 direct loans 
          receivable and acquired 
          defaulted guaranteed loans 
          receivable:

1601    Direct loans, gross.............          37             22            14              5
1603    Allowance for estimated 
          uncollectible loans and 
          interest (-)..................         -14            -16           -14             -5
1604    Direct loans and interest 
          receivable, net...............          23              6
                                        ------------ --------------  ------------  -------------
1699      Value of assets related to 
            direct loans................          23              6
1706    Foreclosed property.............           2              2             2
                                        ------------ --------------  ------------  -------------
1999    Total assets....................         147             72             8              6
    LIABILITIES:
2104  Federal liabilities: Resources 
        payable to Treasury.............
2207  Non-Federal liabilities: Other....          11             10             7              5
                                        ------------ --------------  ------------  -------------
2999    Total liabilities...............          11             10             7              5
    NET POSITION:
3200  Invested capital..................          50             50
3300  Cumulative results of operations..          86             12             1              1
                                        ------------ --------------  ------------  -------------
3999    Total net position..............         136             62             1              1
                                        ------------ --------------  ------------  -------------
4999  Total liabilities and net position         147             72             8              6
-----------------------------------------------------------------------------------------------

                                


 
                      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, [$44,000,000] $48,000,000, to remain 
available until September 30, [2000] 2001: 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, 
[2000] 2001, for necessary expenses under this paragraph: Provided 
further, That such reimbursements shall not cover, or be allocated 
against, direct or indirect administrative costs of the agency. (Foreign 
Operations, Export Financing, and Related Programs Appropriation Act, 
1999, as included in Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1001-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Feasibility studies, and other 
        activities......................          56          55          41
00.02 Operating expenses................           6           6           7
                                           ---------   ---------  ----------
10.00   Total new obligations...........          62          61          48
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          13          17
22.00 New budget authority (gross)......          60          44          48
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           5
22.22 Unobligated balance transferred 
        from other accounts.............           3
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          81          61          48
23.95 Total new obligations.............         -62         -61         -48
24.40 Unobligated balance available, end 
        of year.........................          17
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................          42          44          48
42.00 Transferred from other accounts...          18
                                           ---------   ---------  ----------
43.00   Appropriation (total)...........          60          44          48
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          80          86          87
73.10 Total new obligations.............          62          61          48
73.20 Total outlays (gross).............         -51         -60         -57
73.45 Adjustments in unexpired accounts.          -5
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          86          87          78
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority          11          12          13
86.93 Outlays from current balances.....          40          48          43
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          51          60          57
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          60          44          48
90.00 Outlays...........................          50          60          57
---------------------------------------------------------------------------

    Appropriated funds provide for the costs of the U.S. Trade and 
Development Agency (TDA), which include: program costs of grants for 
feasibility studies and other project planning activities; and, the cost 
of managing the TDA programs such as salaries and expenses of direct 
hire personnel, and obtaining the services of consultants. TDA finances 
these activities for major projects in the developing world to foster 
economic development and to encourage the use of U.S. technology, goods, 
and services in project implementation.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1001-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.1  Personnel compensation: Full-time 
        permanent.......................           2           2           3
12.1  Civilian personnel benefits.......           1           1           1
25.1  Advisory and assistance services..           3           3           3
41.0  Grants, subsidies, and 
        contributions...................          56          55          40
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..          62          61          47
99.5  Below reporting threshold.........                                   1
                                           ---------   ---------  ----------
99.9    Total new obligations...........          62          61          48
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 11-1001-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......          35          41          43
---------------------------------------------------------------------------

                                


 
                               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), [$240,000,000] $270,000,000, 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] \1\ funds appropriated under 
this heading shall remain available until September 30, [2000] 2001. 
(Foreign Operations, Export Financing, and Related Programs 
Appropriation Act, 1999, as included in Public Law 105-277, section 
101(d).)
    \1\ The Administration proposes to delete this provision and will 
work with Congress to address this issue.

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
      Direct program:

00.01   Growth in Volunteer corps.......                       6          17

[[Page 1020]]

00.02   Africa region...................          53          52          53
00.03   Europe, Mediterranean & Asia 
          region........................          36          38          38
00.04   Inter-America & Pacific region..          39          39          39
00.05   Other volunteer support.........         101         109         127
09.01 Reimbursable program..............           7           7           7
                                           ---------   ---------  ----------
10.00   Total new obligations...........         236         251         281
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           7           7           4
22.00 New budget authority (gross)......         235         249         278
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           2
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         244         256         282
23.95 Total new obligations.............        -236        -251        -281
23.98 Unobligated balance expiring......          -1          -1          -1
24.40 Unobligated balance available, end 
        of year.........................           7           4
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................         222         240         270
42.00   Transferred from other accounts.           4           1
                                           ---------   ---------  ----------
43.00     Appropriation (total).........         226         241         270
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           9           8           8
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................         235         249         278
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          59          60          62
73.10 Total new obligations.............         236         251         281
73.20 Total outlays (gross).............        -226        -248        -278
73.40 Adjustments in expired accounts...          -7
73.45 Adjustments in unexpired accounts.          -2
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          60          62          65
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority         179         193         216
86.93 Outlays from current balances.....          40          48          54
86.97 Outlays from new permanent 
        authority.......................           7           8           8
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........         226         248         278
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

        Offsetting collections (cash) 
            from:
88.00     Federal sources...............          -8          -7          -7
88.40     Non-Federal sources...........          -1          -1          -1
                                           ---------   ---------  ----------
88.90       Total, offsetting 
              collections (cash)........          -9          -8          -8
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         226         241         270
90.00 Outlays...........................         216         240         270
---------------------------------------------------------------------------

    Peace Corps' operating expenses will provide direct and indirect 
support for an average of 6,090 Americans engaged in voluntary services 
in 80 countries worldwide in 1999. The Volunteers help fill the trained 
manpower needs of developing countries and encourage self-sustaining 
development of skilled manpower. The Peace Corps promotes mutual 
understanding between the peoples of the developing world and the United 
States and focuses the attention of the American people on the benefits 
of volunteerism. Peace Corps Volunteers work primarily in the areas of 
agriculture, education, economic development, health, and environment.

    Growth in the Volunteer Corps.--This FY 1999 presidential initiative 
will support the Peace Corps' efforts to place a total of 4,200 new 
trainees in the field in 2000 and will put the Peace Corps on a path to 
a Volunteer corps of 10,000 in the new century.

    Africa Region.--The Africa Region will support 1,404 new trainees 
and an average of 2,205 Volunteers during 1999. These Volunteers and 
trainees will work in 26 sub-Saharan countries.

    Europe, Mediterranean, and Asia Region.--In 1999 an average of 1,872 
Volunteers will work in 24 countries in Eastern and Central Europe, the 
former Soviet Union, North Africa, and Asia. The region will support 
1,344 new trainees.

    Inter-America and Pacific Region.--An average of 1,931 Volunteers 
will work in 30 countries in the Caribbean, Central America, South 
America, and the Pacific. This office will also fund 1,240 new trainees 
in 1999.

    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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

        Personnel compensation:
11.1      Full-time permanent...........          45          49          52
11.3      Other than full-time permanent           2           1           1
11.5      Other personnel compensation..           1           1           1
11.8      Trainees and volunteers.......          20          22          26
                                           ---------   ---------  ----------
11.9        Total personnel compensation          68          73          80
12.1    Civilian personnel benefits.....          41          44          47
21.0    Travel and transportation of 
          persons.......................          25          29          31
22.0    Transportation of things........           4           4           5
23.1    Rental payments to GSA..........           6           6           7
23.2    Rental payments to others.......           7           7           7
23.3    Communications, utilities, and 
          miscellaneous charges.........           6           8          10
24.0    Printing and reproduction.......           1           1           1
25.2    Other services..................          35          38          41
25.3    Purchases of goods and services 
          from Government accounts......           8           6           9
25.4    Operation and maintenance of 
          facilities....................           1           1           1
25.6    Medical care....................          11           9          12
25.7    Operation and maintenance of 
          equipment.....................           1           1           2
26.0    Supplies and materials..........           8           8           9
31.0    Equipment.......................           7           8          11
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..         229         243         273
99.0  Reimbursable obligations..........           6           6           6
99.5  Below reporting threshold.........           1           2           2
                                           ---------   ---------  ----------
99.9    Total new obligations...........         236         251         281
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 11-0100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Direct:
1001  Total compensable workyears: Full-
        time equivalent employment......       1,046       1,157       1,189
    Reimbursable:
2001  Total compensable workyears: Full-
        time equivalent employment......           6           5           5
---------------------------------------------------------------------------

                                

                  Peace Corps Miscellaneous Trust Funds

              Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-9972-0-7-151      1998 actual   1999 est.   2000 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........
---------------------------------------------------------------------------

[[Page 1021]]



               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-9972-0-7-151      1998 actual   1999 est.   2000 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...................           1           1           1
22.00 New budget authority (gross)......           1           1           1
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......           2           2           2
23.95 Total new obligations.............          -1          -1          -1
24.40 Unobligated balance available, end 
        of year.........................           1           1           1
----------------------------------------------------------------------------

    New budget authority (gross), detail:
60.27 Appropriation (trust fund, 
        indefinite).....................           1           1           1
----------------------------------------------------------------------------

    Change in unpaid obligations:
73.10 Total 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
----------------------------------------------------------------------------

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

    Miscellaneous contributions received by gift, devise, bequest, or 
from foreign governments are used for the furtherance of the program, as 
authorized by 22 U.S.C. 2509(a)(3) (75 Stat. 612, as amended). Trust 
funds also include a fund to pay separation costs for Foreign Service 
National employees of the Peace Corps in those countries in which such 
pay is legally authorized. The fund, as authorized by Public Law 102-
138, is maintained by annual Government contributions which are 
appropriated in the Peace Corps salaries and expenses account.

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 11-9972-0-7-151      1998 actual   1999 est.   2000 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, $22,300,000, to remain available 
until September 30, 2001.

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-3100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Development grants................          19          19          20
00.02 Development research and 
        dissemination...................           1           1           1
00.03 In-country support................           4           2           3
00.04 Program management and operations.           7           7           7
                                           ---------   ---------  ----------
10.00   Total new obligations...........          31          29          31
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................          18          25          25
22.00 New budget authority (gross)......          38          29          31
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          56          54          56
23.95 Total new obligations.............         -31         -29         -31
24.40 Unobligated balance available, end 
        of year.........................          25          25          25
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................                                  22
42.00   Transferred from other accounts.          22          20
                                           ---------   ---------  ----------
43.00     Appropriation (total).........          22          20          22
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).          16           9           9
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................          38          29          31
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          19          29          28
73.10 Total new obligations.............          31          29          31
73.20 Total outlays (gross).............         -20         -29         -31
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          29          28          28
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           8          10          11
86.93 Outlays from current balances.....           4          11          11
86.97 Outlays from new permanent 
        authority.......................           5           3           3
86.98 Outlays from permanent balances...           3           5           6
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          20          29          31
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

88.00   Offsetting collections (cash) 
          from: Federal sources.........         -16          -9          -9
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................          22          20          22
90.00 Outlays...........................           4          20          22
---------------------------------------------------------------------------

    Established by the 1969 Foreign Assistance Act, the Inter-American 
Foundation supports grassroots development initia- tives in Latin 
America and the Caribbean with a direct impact on the lives and the 
capacity for self reliance of people at the lowest economic levels. In 
addition to appropriations and private gifts, the Foundation is funded 
by annual transfers from the Social Progress Trust Fund administered by 
the Inter-American Development Bank. In 2000, the IAF will continue its 
new strategic programming approach which emphasizes: (1) building 
partnerships among grassroots organizations, non-governmental 
organizations, local governments, and private enterprises to foster 
social and economic development at the local level; and, (2) expanding 
access to private business sector resources for grassroots development. 
The IAF will continue to refine its system of measuring the results of 
its grants for the purposes of identifying and disseminating best 
practices and lessons for the benefit of the major development funders, 
new private sector contributors and development practitioners. Using 
information derived from the results system based on the grassroots 
development framework, and from grant evaluations identifying good 
practice and lessons, the Foundation will systematically incorporate 
lessons learned back into the Foundation's strategic planning and grant 
decision-making processes. It will disseminate the results assessment 
system and development information to partner organizations in the 
region, to other donors and enterprises supporting development 
activities, and to grassroots practitioners. The Foundation will also 
implement an integrated program management information system which will 
increase efficiency in its operations and facilitate grant monitoring 
and results reporting.

    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 
2000, the Foundation plans to award approximately 100 grants and 20 
grant supplements in 17 countries.

    Development Research and Evaluation.--This activity funds grants and 
fellowships for grassroots development research and for the evaluation 
of the Foundation's projects.

[[Page 1022]]

    In-country Support.--Resources associated with this activity are 
used by local development professionals in Latin America and the 
Caribbean to provide grantees with technical assistance and training 
when necessary to conduct and assess the results of their projects.

    Program Management and Operation.--This activity includes Foundation 
expenses for salaries and benefits, travel, rent, service contracts, and 
other support costs.

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-3100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
11.1  Personnel compensation: Full-time 
        permanent.......................           3           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           2           3
41.0  Grants, subsidies, and 
        contributions...................          20          19          20
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..          30          28          30
99.5  Below reporting threshold.........           1           1           1
                                           ---------   ---------  ----------
99.9    Total new obligations...........          31          29          31
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 11-3100-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......          54          68          68
---------------------------------------------------------------------------

                                


 
                     AFRICAN DEVELOPMENT FOUNDATION

                              Federal Funds

General and special funds:

                     African Development Foundation

    To carry out Title V of the International Security and Development 
Cooperation Act of 1980, Public Law 96-533, $14,400,000; to remain 
available until September 30, 2001: Provided, That funds made available 
to grantees may be invested pending expenditure for project purposes 
when authorized by the President of the Foundation: Provided further, 
That interest earned shall be used only for the purposes for which the 
grant was made: Provided further, That this authority applies to 
interest earned both prior to and following enactment of this provision: 
Provided further, That notwithstanding section 505(a)(2) of the African 
Development Foundation Act, in exceptional circumstances the board of 
directors of the Foundation may waive the $250,000 limitation contained 
in that section with respect to a project: Provided further, That the 
Foundation shall provide a report to the Committees on Appropriations 
after each time such waiver authority is exercised.

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0700-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
      Direct program:

00.01   Advance sustainable development 
          and empowerment of the poor in 
          Africa........................          14           7          10
00.02   Enhance US assistance and 
          relations with Africa.........           1           1           1
00.03   Expand use of participatory 
          development policies and 
          practices.....................           2           2           2
00.04   Internal agency objectives......           1           1           1
09.00 Reimbursable program..............           1           1           1
                                           ---------   ---------  ----------
10.00   Total new obligations...........          19          12          15
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           4
22.00 New budget authority (gross)......          15          12          15
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......          19          12          15
23.95 Total new obligations.............         -19         -12         -15
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.00   Appropriation...................                                  14
42.00   Transferred from other accounts.          14          11
                                           ---------   ---------  ----------
43.00     Appropriation (total).........          14          11          14
      Permanent:

68.00   Spending authority from 
          offsetting collections: 
          Offsetting collections (cash).           1           1           1
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................          15          12          15
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          15          21          19
73.10 Total new obligations.............          19          12          15
73.20 Total outlays (gross).............         -12         -14         -16
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          21          19          18
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           4           5           6
86.93 Outlays from current balances.....           7           8           9
86.97 Outlays from new permanent 
        authority.......................           1           1           1
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          12          14          16
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

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

    Net budget authority and outlays:
89.00 Budget authority..................          14          11          14
90.00 Outlays...........................          11          13          15
---------------------------------------------------------------------------

    The African Development Foundation (ADF), a public corporation, is a 
unique agency of the U.S. Government that supports community-based, 
self-help initiatives to alleviate poverty and to promote sustainable 
development in Africa. Through its grant program, ADF has pioneered 
participatory development in Africa. Foundation grants are made directly 
to private grassroots African groups and are premised on self-help to 
foster self-reliance through the promotion of African leadership and 
ownership of the development process.

    In 2000, ADF will provide assistance to fourteen countries in 
Africa. This budget request will fund the Foundation's operating costs 
and almost 100 small grants to African non-governmental organizations, 
community-based groups and researchers. ADF has three strategic goals.

    Program Components:
        (1) Advance sustainable development and empowerment of the poor 
    in Africa.--ADF will promote micro and small enterprise development 
    which will generate employment and enhance income. ADF will also 
    seek to improve community-based natural resource management for 
    sustainable rural development. Increasing participation of African 
    grassroots enterprises and producer groups in trade and investment 
    relationships with the U.S. and within Africa is another primary 
    focus of ADF. Finally, ADF will work to strengthen civil society and 
    local governance and to encourage African governments to expand 
    grassroots participation in policy-making and resource allocation 
    processes. Examples of projects which will be funded are: micro-
    finance capital; business development services, training and 
    technical assistance; soil and water reclamation; civil education; 
    and advocacy training.
        (2) Enhance U.S. assistance and relations with Africa.--ADF will 
    share its experience and encourage expanded U.S. funding for 
    participatory grassroots development, improve program and policy 
    coordination on grassroots development among U.S. foreign assistance 
    and foreign policy agencies, and leverage public and private 
    resources through strategic partnerships.
        (3) Expand use of participatory development policies and 
    practices.--ADF will intensify its efforts to develop, evaluate and 
    disseminate new interventions and methodologies

[[Page 1023]]

    for participatory development, and encourage African governments to 
    increase utilization of participatory development ``best 
    practices.''

               Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0700-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

      Direct obligations:

11.1    Personnel compensation: Full-
          time permanent................           2           2           2
41.0    Grants, subsidies, and 
          contributions.................          14           7          10
                                           ---------   ---------  ----------
99.0      Subtotal, direct obligations..          16           9          12
99.0  Reimbursable obligations..........           1           1           1
99.5  Below reporting threshold.........           2           2           2
                                           ---------   ---------  ----------
99.9    Total new obligations...........          19          12          15
---------------------------------------------------------------------------

                              Personnel Summary

----------------------------------------------------------------------------
Identification code 11-0700-0-1-151      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
1001  Total compensable workyears: Full-
        time equivalent employment......          27          32          32
---------------------------------------------------------------------------

                                


 
                     INTERNATIONAL MONETARY PROGRAMS

                              Federal Funds

General and special funds:

         United States Quota in the International Monetary Fund

    [For an increase in the United States quota in the International 
Monetary Fund, the dollar equivalent of 10,622,500,000 Special Drawing 
Rights, to remain available until expended.] (Foreign Operations, Export 
Financing, and Related Programs Appropriation Act, 1999, as included in 
Public Law 105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0003-0-1-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.02 Direct program....................         262
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          33.0).........................         262
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................      14,054      20,902      35,845
22.00 New budget authority (gross)......                  14,943
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................       7,378
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......      21,432      35,845      35,845
23.95 Total new obligations.............        -262
23.98 Unobligated balance expiring......        -268
24.40 Unobligated balance available, end 
        of year.........................      20,902      35,845      35,845
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................                  14,943
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year      22,078      15,137      15,137
73.10 Total new obligations.............         262
73.20 Total outlays (gross).............         175
73.45 Adjustments in unexpired accounts.      -7,378
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..      15,137      15,137      15,137
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.98 Outlays from permanent balances...        -175
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................                  14,943
90.00 Outlays...........................        -175
---------------------------------------------------------------------------

    As part of a general increase in IMF quota resources, on November 
17, 1998, the United States consented to an increase in its quota to SDR 
37,149.3 million (about $52 billion). The increase in the U.S. quota 
involves 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 
to meet a balance of payments financing need.

                                

For Loans to the International Monetary Fund--New Arrangements To Borrow

    [For loans to the International Monetary Fund under section 17 of 
the Bretton Woods Agreements Act pursuant to the New Arrangements to 
Borrow, the dollar equivalent of 2,462,000,000 Special Drawing Rights, 
to remain available until expended. In addition, the amounts 
appropriated by title III of the Foreign Aid and Related Agencies 
Appropriations Act, 1963 (Public Law 87-872) and section 1101(b) of the 
Supplemental Appropriations Act, 1984 (Public Law 98-181) may also be 
used under section 17 of the Bretton Woods Agreements Act pursuant to 
the New Arrangements to Borrow.] (Foreign Operations, Export Financing, 
and Related Programs Appropriation Act, 1999, as included in Public Law 
105-277, section 101(d).)

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0074-0-1-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
00.01 Direct Program Activity...........         941
                                           ---------   ---------  ----------
10.00   Total new obligations (object 
          class 33.0)...................         941
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................       6,260       5,319       8,769
22.00 New budget authority (gross)......                   3,450
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......       6,260       8,769       8,769
23.95 Total new obligations.............        -941
24.40 Unobligated balance available, end 
        of year.........................       5,319       8,769       8,769
----------------------------------------------------------------------------

    New budget authority (gross), detail:
40.00 Appropriation.....................                   3,450
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year                     941         941
73.10 Total new obligations.............         941
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..         941         941         941
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................                   3,450
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 approximately $6.4 billion at the October 
1995 exchange rate.

    In January 1997, the Executive Board of the IMF approved the 
creation of the New Arrangements to Borrow (NAB) to further supplement 
resources available to the IMF to forestall or cope with an impairment 
of the international monetary system or to deal with an exceptional 
situation that poses a threat to the stability of the system. The NAB 
became effective on November 17, 1998. Twenty-five countries and 
institutions participate in the NAB through a set of credit arrangements 
with the IMF totaling SDR 34 billion (about $48 billion on the date of 
establishment), of which the U.S. share is approximately SDR 6.7 billion 
(about $9.4 billion). Although the GAB continues to exist, the sum of 
loans advanced under the NAB and GAB cannot exceed SDR 34 bil

[[Page 1024]]

lion. The sum of U.S. loans advanced under both arrangements cannot 
exceed the U.S. share of the NAB.

    Financing extended by the United States under the GAB and NAB does 
not result in any net budget outlays because such financing results in 
an equivalent increase in U.S. international reserve assets in the form 
of a claim on the IMF.

    During 1998 (July), the IMF made one call on GAB participants in 
support of an assistance program for Russia, of which the U.S. share was 
approximately $483 million. This loan was outstanding at the end of the 
fiscal year. No calls were made on NAB participants during 1998, and no 
loans were outstanding at the end of the fiscal year. The United States 
has consented to further prospective calls under the Russia program 
totalling approximately $1,617 million. On December 15, 1998, the IMF 
made a call on NAB participants in support of an assistance program for 
Brazil, of which the U.S. share was approximately $860 million.

                                

   Contribution to the Enhanced Structural Adjustment Facility of the 
                       International Monetary Fund

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-0005-0-1-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          71          48          26
73.20 Total outlays (gross).............         -24         -22         -16
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          48          26          10
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.93 Outlays from current balances.....          24          22          16
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays...........................          24          22          16
---------------------------------------------------------------------------

    The Enhanced Structural Adjustment Facility (ESAF) is an important 
feature of United States' foreign economic policy in the developing 
world. The relatively modest U.S. contribution to the facility helps to 
leverage $15 billion in total concessional lending to developing and 
transitional economies. ESAF promotes strong market-based economic and 
financial reforms, catalyzes other sources of assistance, supports the 
multilateral program for sustainable debt for the most heavily indebted 
poor countries (HIPC), and advances the objectives of the 
Administration's Partnership for Growth and Opportunity in Africa. 
Countries that borrow from ESAF are usually required to adopt strong 
multi-year economic and structural reform programs that foster a 
transition to open, transparent, market-based economic activity. ESAF 
programs advance critical U.S. interests in promoting economic growth, 
financial stability, and the conditions essential to foster open and 
accountable democratic institutions.

    Created by the International Monetary Fund (IMF) in 1987, ESAF 
provides financing on concessional terms to poor countries with 
protracted balance of payments problems. These poor countries, most of 
which are in Africa or were part of the former Soviet Union, generally 
do not have access to private capital flows and are otherwise dependent 
principally upon direct aid flows from official bilateral sources to 
meet their external financing needs. ESAF obtains its resources from 
members of the IMF through loans to the ESAF Trust or through 
contributions to its interest subsidy account. In the late 1980's, 
Congress authorized and appropriated $150 million for the U.S. 
contributions to the initial ESAF interest subsidy account. In 1994 the 
IMF membership agreed to an expanded and enlarged successor ESAF, 
bringing the total amount available for loans to roughly $15 billion. 
The Administration offered to contribute an additional $100 million to 
the interest subsidy account to help support the enlarged loan capacity 
under this expanded ESAF. This $100 million would outlay over a 15-year 
period. The Congress authorized and appropriated $25 million of this 
amount in 1995. There is still $75 million outstanding from this 
commitment.

                                


 
                         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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.00 Reimbursable program..............           1           8          10
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          25.2).........................           1           8          10
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................         134         110         110
22.00 New budget authority (gross)......           1           8          10
22.10 Resources available from 
        recoveries of prior year 
        obligations.....................           3
22.40 Capital transfer to general fund..         -27
                                           ---------   ---------  ----------
23.90   Total budgetary resources 
          available for obligation......         111         118         120
23.95 Total new obligations.............          -1          -8         -10
24.40 Unobligated balance available, end 
        of year.........................         110         110         110
----------------------------------------------------------------------------

    New budget authority (gross), detail:
      Current:

40.29   Appropriation available in prior 
          year..........................           1           8          10
      Permanent:

        Spending authority from 
            offsetting collections:
68.00     Offsetting collections (cash).          53          56          10
68.27     Capital transfer to general 
            fund........................         -53         -56         -10
                                           ---------   ---------  ----------
68.90       Spending authority from 
              offsetting collections 
              (total)...................
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................           1           8          10
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year          44          28          16
73.10 Total new obligations.............           1           8          10
73.20 Total outlays (gross).............         -14         -20         -15
73.45 Adjustments in unexpired accounts.          -3
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..          28          16          11
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.90 Outlays from new current authority           1           8          10
86.98 Outlays from permanent balances...          13          12           5
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........          14          20          15
----------------------------------------------------------------------------

    Offsets:
      Against gross budget authority and outlays:

88.40   Offsetting collections (cash) 
          from: Non-Federal sources.....         -53         -56         -10
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................         -52         -48
90.00 Outlays...........................         -39         -36           5
---------------------------------------------------------------------------

    This fund shows the financing transactions related to the 
procurement of defense articles prior to orders being placed by foreign 
countries and international organizations. This program is being phased 
out.

[[Page 1025]]

                                

                               Trust Funds

                    Foreign Military Sales Trust Fund

              Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-8242-0-7-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Balance, start of year:
01.99 Encumbered future receipts, start 
        of year.........................     -18,111     -14,652     -12,742
    Receipts:
02.01 Deposits, advances, foreign 
        military sales..................      14,135      13,280      12,690
                                           ---------   ---------  ----------
04.00 Total: Balances and collections...      -3,976      -1,372         -52
    Appropriation:
05.01 Foreign military sales trust fund.     -10,676     -11,370     -10,020
07.99 Total balance, end of year........     -14,652     -12,742     -10,072
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-8242-0-7-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Obligations by program activity:
09.01 Military personnel................          73          71          63
09.02 Operations and maintenance........         266         217         191
09.03 Procurement.......................       8,387       9,674       8,544
09.04 Research, development, test and 
        evaluation......................          37          17          15
09.05 Special defense acquisition fund..          53          56
09.06 Revolving and management funds....       1,423         892         786
09.07 Construction......................          97         103          91
09.08 Other.............................         340         340         330
                                           ---------   ---------  ----------
09.99   Total reimbursable program......      10,676      11,370      10,020
                                           ---------   ---------  ----------
10.00   Total obligations (object class 
          25.3).........................      10,676      11,370      10,020
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
22.00 New budget authority (gross)......      10,676      11,370      10,020
23.95 Total new obligations.............     -10,676     -11,370     -10,020
----------------------------------------------------------------------------

    New budget authority (gross), detail:
60.27 Appropriation (trust fund, 
        indefinite).....................      14,135      13,280      12,690
60.49 Portion applied to liquidate 
        contract authority..............     -14,135     -13,280     -12,690
                                           ---------   ---------  ----------
63.00   Appropriation (total)...........
66.15 Contract authority (indefinite)...      10,676      11,370      10,020
                                           ---------   ---------  ----------
70.00   Total new budget authority 
          (gross).......................      10,676      11,370      10,020
----------------------------------------------------------------------------

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

72.40   Obligated balance, start of year       5,919       6,044       6,044
72.49   Obligated balance, start of 
          year: Contract authority......      18,111      14,652      12,742
                                           ---------   ---------  ----------
72.99     Total unpaid obligations, 
            start of year...............      24,030      20,696      18,786
73.10 Total new obligations.............      10,676      11,370      10,020
73.20 Total outlays (gross).............     -14,010     -13,280     -12,690
      Unpaid obligations, end of year:

74.40   Obligated balance, end of year..       6,044       6,044       6,044
74.49   Obligated balance, end of year: 
          Contract authority............      14,652      12,742      10,072
                                           ---------   ---------  ----------
74.99     Total unpaid obligations, end 
            of year.....................      20,696      18,786      16,116
----------------------------------------------------------------------------

    Outlays (gross), detail:
86.97 Outlays from new permanent 
        authority.......................       1,611       1,527       1,459
86.98 Outlays from permanent balances...      12,399      11,753      11,231
                                           ---------   ---------  ----------
87.00   Total outlays (gross)...........      14,010      13,280      12,690
----------------------------------------------------------------------------

    Net budget authority and outlays:
89.00 Budget authority..................      10,676      11,370      10,020
90.00 Outlays...........................      14,010      13,280      12,690
---------------------------------------------------------------------------

            Status of Contract Authority (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-8242-0-7-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
0100  Balance, start of year............      18,111      14,652      12,742
    Contract authority:
0200  Contract authority................      10,676      11,370      10,020
0400  Appropriation to liquidate 
        contract authority..............     -14,135     -13,280     -12,690
0700  Balance, end of year..............      14,652      12,742      10,072
---------------------------------------------------------------------------

    This trust fund facilitates government-to-government sales of 
defense articles, defense services, and design and construction 
services. Estimates of sales used in this budget are (in millions of 
dollars):

                         ESTIMATES OF NEW SALES

                                     1998 actual  1999 est.   2000 est.
Estimates of new orders (sales).....       8,600      10,800       9,000

    Orders placed through this trust fund can be combined with 
procurement for U.S. military departments. The savings are shared by the 
United States and foreign governments. The net impact of foreign 
military sales on the budget is (in millions of dollars):

                       FMS TRUST FUND TRANSACTIONS

                                     1998 actual  1999 est.   2000 est.
Obligations of the fund.............      10,676      11,370      10,020
Receipts from foreign governments 
(appropriation).....................     -14,135     -13,280     -12,690
                                    ------------------------------------
    Net budget authority............      -3,459      -1,910      -2,670
                                    ====================================
Payments from the fund (outlays)....      14,010      13,280      12,690
Receipts from foreign governments 
(appropriation).....................     -14,135     -13,280     -12,690
                                    ------------------------------------
    Net outlays.....................         -25           0           0
                                    ====================================

                                

                 Kuwait Civil Reconstruction Trust Fund

              Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-8238-0-7-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
    Balance, start of year:
01.99 Balance, start of year............                       1           3
06.10 Unobligated balance returned to 
        receipts........................           1           2
07.99 Total balance, end of year........           1           3           3
---------------------------------------------------------------------------

              Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-8238-0-7-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
06.10 Unobligated balance returned to 
        receipts........................
---------------------------------------------------------------------------

               Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-8238-0-7-155      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           3           2
23.98 Unobligated balance expiring......          -1          -2
24.40 Unobligated balance available, end 
        of year.........................           2
----------------------------------------------------------------------------

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

    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. This program is being phased out.

                                


 
                 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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           3           3           3
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..           3           3           3
----------------------------------------------------------------------------

[[Page 1026]]



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

    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      1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------

    Budgetary resources available for obligation:
21.40 Unobligated balance available, 
        start of year...................           1
----------------------------------------------------------------------------

    Change in unpaid obligations:
72.40 Unpaid obligations, start of year: 
        Obligated balance, start of year           1           1           1
74.40 Unpaid obligations, end of year: 
        Obligated balance, end of year..           1           1           1
----------------------------------------------------------------------------

    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.

                                

                      General Fund Receipt Accounts

                           (in millions of dollars)

----------------------------------------------------------------------------
                                         1998 actual   1999 est.   2000 est.
----------------------------------------------------------------------------
Offsetting receipts from the public:
  11-146800  Interest on foreign 
    military credit sales...............         168         128
  11-272330  Debt restructuring, 
    downward reestimates of subsidies...          14
  11-272430  Foreign military financing, 
    downward reestimates of subsidies...          15           3
  11-296800  Repayment of loans, foreign 
    military credit sales...............         534         371
  11-310800  Return of contribution to 
    international buffer stocks.........
  72-273030  Microenterprise and small 
    enterprise development, downward 
    reestimates of subsidies............                       1
  72-273130  Assistance for the New 
    Independent States of the Former 
    Soviet Union: Ukraine export credit 
    insurance, downward reestimates.....                                  30
  72-294100  Dollar repayments of loans, 
    Agency for International Development           1
                                           ---------   ---------  ----------
General Fund Offsetting receipts from 
 the public.............................         732         503          30
---------------------------------------------------------------------------

                                


 
                       TITLE V--GENERAL PROVISIONS

              obligations during last month of availability

    Sec. 501. Except for the appropriations entitled ``International 
Disaster Assistance'', and ``United States Emergency Refugee and 
Migration Assistance Fund'', not more than 15 percent of any 
appropriation item made available by this Act shall be obligated during 
the last month of availability.

      prohibition of bilateral funding for international financial 
                              institutions

    Sec. 502. Notwithstanding section 614 of the Foreign Assistance Act 
of 1961, 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, 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 ``Nonproliferation, Anti-terrorism, Demining and Related 
Programs'') pursuant to this Act, for carrying out the Foreign 
Assistance Act of 1961, may be used, except for purposes of nuclear 
safety, to finance the export of nuclear equipment, fuel, or technology.

        prohibition against direct funding for certain countries

    Sec. 507. None of the funds appropriated or otherwise made available 
pursuant to this Act shall be obligated or expended to finance directly 
any assistance or reparations to Cuba, Iraq, Libya, North Korea, Iran, 
Sudan, or Syria unless the President determines that to do so is in the 
national interest of the United States: Provided, That for purposes of 
this section, the prohibition on obligations or expenditures shall 
include direct loans, credits, insurance and guarantees of the Export-
Import Bank or its agents.

                             military coups

    Sec. 508. None of the funds appropriated or otherwise made available 
pursuant to this Act shall be obligated or expended to finance directly 
any assistance to any country whose duly elected head of government is 
deposed by military coup or decree unless the President determines that 
to do so is in the national interest of the United States: Provided, 
That assistance may be resumed to such country if the President 
determines and reports to the Committees on Appropriations that 
subsequent to the termination of assistance a democratically elected 
government has taken office.

                       transfers between accounts

    Sec. 509. None of the funds made available by this Act may be 
obligated under an appropriation account to which they were not 
appropriated, except for transfers specifically provided for in this 
Act, unless the President, prior to the exercise of any authority 
contained in the Foreign Assistance Act of 1961 to transfer funds,

[[Page 1027]]

consults with and provides a written policy justification to the 
Committees on Appropriations of the House of Representatives and the 
Senate[: Provided, That the exercise of such authority shall be subject 
to the regular notification procedures of the Committees on 
Appropriations].

                   deobligation/reobligation authority

    Sec. 510. (a) Amounts certified pursuant to section 1311 of the 
Supplemental Appropriations Act, 1955, as having been obligated against 
appropriations heretofore made under the authority of the Foreign 
Assistance Act of 1961 for the same general purpose as any of the 
headings under title II of this Act are, if deobligated, hereby 
continued available for the same period as the respective appropriations 
under such headings or until September 30, [1999] 2000, whichever is 
later, and for the same general purpose, and for countries within the 
same region as originally obligated: Provided, That the Appropriations 
Committees of both Houses of the Congress are notified 15 days in 
advance of the reobligation of such funds in accordance with regular 
notification procedures of the Committees on Appropriations.
    (b) Obligated balances of funds appropriated to carry out section 23 
of the Arms Export Control Act as of the end of the fiscal year 
immediately preceding the current fiscal year are, if deobligated, 
hereby continued available during the current fiscal year for the same 
purpose under any authority applicable to such appropriations under this 
Act: Provided, That the authority of this subsection may not be used in 
fiscal year [1999] 2000.

                          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 to do so 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, Brazil, Liberia, 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. (a) The Secretary of the Treasury shall instruct the 
United States Executive Directors of the International Bank for 
Reconstruction and Development, the International Development 
Association, the International Finance Corporation, the Inter-American 
Development Bank, the International Monetary Fund, the Asian Development 
Bank, the Inter-American Investment Corporation, the North American 
Development Bank, the European Bank for Reconstruction and Development, 
the African Development Bank, and the African Development Fund to use 
the voice and vote of the United States to oppose any assistance by 
these institutions, using funds appropriated or made available pursuant 
to this Act, for the production or extraction of any commodity or 
mineral for export, if it is in surplus on world markets and if the 
assistance will cause substantial injury to United States producers of 
the same, similar, or competing commodity.]
    [(b) The Secretary of the Treasury should instruct the United States 
executive directors of international financial institutions listed in 
subsection (a) of this section to use the voice and vote of the United 
States to support the purchase of American produced agricultural 
commodities with funds appropriated or made available pursuant to this 
Act.]

                        notification requirements

    Sec. [515] 513. (a) For the purposes of providing the executive 
branch with the necessary administrative flexibility, none of the funds 
made available under this Act for ``Child Survival and Disease Programs 
Fund'', ``Development assistance'', ``International Organizations and 
Programs'', ``Trade and Development Agency'', ``International narcotics 
control and law enforcement'', ``Assistance for Eastern Europe and the 
Baltic States'', ``Assistance for the New Independent States of the 
Former Soviet Union'', ``Economic Support Fund'', ``Peacekeeping 
operations'', ``Operating expenses of the Agency for International 
Development'', ``Operating expenses of the Agency for International 
Development Office of Inspector General'', ``Nonproliferation, anti-
terrorism, demining and related programs'', ``Foreign Military Financing 
Program'', ``International military education and training '', ``Peace 
Corps'', ``Migration and refugee assistance'', shall be available for 
obligation for activities, programs, projects, type of materiel 
assistance, countries, or other operations not justified or in excess of 
the amount justified to the Appropriations Committees for obligation 
under any of these specific headings unless the Appropriations 
Committees of both Houses of Congress are previously notified 15 days in 
advance: Provided, That the President shall not enter into any 
commitment of funds appropriated for the purposes of section 23 of the 
Arms Export Control Act for the provision of major defense equipment, 
other than conventional ammunition, or other major defense items defined 
to be aircraft, ships, missiles, or combat vehicles, not previously 
justified to Congress or 20 percent in excess of the quantities 
justified to Congress unless the Committees on Appropriations are 
notified 15 days in advance of such commitment: Provided further, That 
this section shall not apply to any reprogramming for an activity, 
program, or project under chapter 1 of part I of the Foreign Assistance 
Act of 1961 of less than 10 percent of the amount previously justified 
to the Congress for obligation for such activity, program, or project 
for the current fiscal year: Provided further, That the requirements of 
this section or any similar provision of this Act or any other Act, 
including any prior Act requiring notification in accordance with the 
regular notification procedures of the Committees

[[Page 1028]]

on Appropriations, may be waived if failure to do so would pose a 
substantial risk to human health or welfare or that waiving such 
requirement is in the national interest of the United States: Provided 
further, That in case of any such waiver, notification to the Congress, 
or the appropriate congressional committees, shall be provided as early 
as practicable, but in no event later than three days after taking the 
action to which such notification requirement was applicable, in the 
context of the circumstances necessitating such waiver: Provided 
further, That any notification provided pursuant to such a waiver shall 
contain an explanation of the emergency circumstances.
    (b) Drawdowns made pursuant to section 506(a)(2) of the Foreign 
Assistance Act of 1961 shall be subject to the regular notification 
procedures of the Committees on Appropriations.

limitation on availability of funds for international organizations and 
                                programs

    Sec. [516] 514. 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 section 307(a) of the Foreign Assistance Act of 1961, shall remain 
available for obligation until September 30, [2000: Provided, That 
section 307(a) of the Foreign Assistance Act of 1961, is amended by 
inserting before the period at the end thereof ``, or at the discretion 
of the President, Communist countries listed in section 620(f) of this 
Act''] 2001.

            new independent states of the former soviet union

    Sec. [517] 515. [(a) None of the funds appropriated under the 
heading ``Assistance for the New Independent States of the Former Soviet 
Union'' shall be made available for assistance for a Government of the 
New Independent States of the former Soviet Union--
        (1) unless that Government is making progress in implementing 
    comprehensive economic reforms based on market principles, private 
    ownership, 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.
Assistance may be furnished without regard to this subsection if the 
President determines that to do so is in the national interest.]
    [(b) None of the funds appropriated under the heading ``Assistance 
for the New Independent States of the Former Soviet Union'' shall be 
made available for assistance for a 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.]
    [(c) None of the funds appropriated under the heading ``Assistance 
for the New Independent States of the Former Soviet Union'' shall be 
made available for any state to enhance its military capability: 
Provided, That this restriction does not apply to demilitarization, 
demining or nonproliferation programs.]
    [(d) Funds appropriated under the heading ``Assistance for the New 
Independent States of the Former Soviet Union'' shall be subject to the 
regular notification procedures of the Committees on Appropriations.]
    [(e) 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.]
    [(f)] Funds appropriated in this or prior appropriations Acts that 
are or have been made available for an Enterprise Fund in the New 
Independent States of the Former Soviet Union 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 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.
    [(g) In issuing new task orders, entering into contracts, or making 
grants, with funds appropriated in this Act or prior appropriations Acts 
under the heading ``Assistance for the New Independent States of the 
Former Soviet Union'' 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.]
    [(h)(1) Withholding of Assistance.--None of the funds appropriated 
by this Act may be made available for assistance for the Government of 
the Russian Federation, after 180 days from the date of enactment of 
this Act, until agreement has been reached that assistance provided with 
funds appropriated by this Act will not be subject to customs duties or 
that legislation has been enacted and is in force that exempts such 
assistance from being subject to customs duties.
    (2) Waiver.--Notwithstanding paragraph (1), assistance may be 
provided for the Government of the Russian Federation if the President 
determines that significant progress has been made on reaching an 
agreement, or enacting and enforcing legislation, that meets the 
objectives of this section to provide exemption from customs duties for 
assistance furnished under this Act.]

   prohibition on funding for abortions and involuntary sterilization

    Sec. [518] 516. 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.

         excess defense articles for central european countries

    Sec. [519] 517. Section 105 of Public Law 104-164 (110 Stat. 1427) 
is amended by striking [``1996 and 1997'' and inserting ``1999 and 
2000''] ``as added by this Act, during each of the fiscal years 1999 and 
2000,''.

                   [special notification requirements]

    [Sec. 520. None of the funds appropriated by this Act shall be 
obligated or expended for Colombia, Honduras, Haiti, Liberia, Pakistan, 
Serbia, Sudan, or the Democratic Republic of Congo except as provided 
through the regular notification procedures of the Committees on 
Appropriations.]

              definition of program, project, and activity

    Sec. [521] 518. 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 30 days of enactment of this Act, as required by 
section 653(a) of the Foreign Assistance Act of 1961.

[[Page 1029]]

               child survival, aids, and other activities

    Sec. [522] 519. Up to $10,000,000 of the funds made available by 
this Act for assistance for family planning, health, child survival, 
basic education, agriculture, environment, and AIDS and other infectious 
diseases, 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, and to contract directly for the personal 
services of individuals in the United States, for the purpose of 
carrying out family planning activities, child survival [and]  
agriculture, environment, basic education, [activities] and, health 
activities, including activities relating to research on, and the 
prevention, treatment and control of acquired immune deficiency syndrome 
or other diseases in developing countries: Provided, That funds 
appropriated by this Act that are made available for child survival 
activities or disease programs including activities relating to research 
on, and the prevention, 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 under title II of this Act may be made available 
pursuant to section 301 of the Foreign Assistance Act of 1961 if a 
primary purpose of the assistance is for child survival and related 
programs: 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] 520. 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. Section 61(a) of the Arms Export Control Act is amended 
by striking out ``1998'' and inserting in lieu thereof ``the current 
fiscal year''.]

               [notification on excess defense equipment]

    [Sec. 525. Prior to providing excess Department of Defense articles 
in accordance with section 516(a) of the Foreign Assistance Act of 1961, 
the Department of Defense shall notify the Committees on Appropriations 
to the same extent and under the same conditions as are other committees 
pursuant to subsection (c) of that section: Provided, That before 
issuing a letter of offer to sell excess defense articles under the Arms 
Export Control Act, the Department of Defense shall notify the 
Committees on Appropriations in accordance with the regular notification 
procedures of such Committees: Provided further, That such Committees 
shall also be informed of the original acquisition cost of such defense 
articles.]

                       [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.]

                           democracy in china

    Sec. [527] 521. Notwithstanding any other provision of law that 
restricts assistance to foreign countries, funds appropriated by this 
Act for ``Economic Support Fund'' may be made available to provide 
general support for nongovernmental organizations located outside the 
People's Republic of China that have as their primary purpose fostering 
democracy in that country, and for activities of nongovernmental 
organizations located outside the People's Republic of China to foster 
democracy in that country: Provided, That none of the funds made 
available for activities to foster democracy in the People's Republic of 
China may be made available for assistance to the government of that 
country.

       prohibition on bilateral assistance to terrorist countries

    Sec. [528] 522. (a) Notwithstanding any other provision of law, 
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.
    (c) This section shall not apply to the provision of assistance from 
funds appropriated under the headings ``Migration and Refugee 
Assistance'' and ``United States Emergency Refugee and Migration and 
Assistance Fund'', and assistance for relief and rehabilitation from 
funds appropriated under the heading ``International Disaster 
Assistance''.

                 commercial leasing of defense articles

    Sec. [529] 523. Notwithstanding any other provision of law, and 
subject to the regular notification procedures of the Committees on 
Appropriations, the authority of section 23(a) of the Arms Export 
Control Act may be used to provide financing to Israel, Egypt and NATO 
and major non-NATO allies for the procurement by leasing (including 
leasing with an option to purchase) of defense articles from United 
States commercial suppliers, not including Major Defense Equipment 
(other than helicopters and other types of aircraft having possible 
civilian application), if the President determines that there are 
compelling foreign policy or national security reasons for those defense 
articles being provided by commercial lease rather than by government-
to-government sale under such Act.

                         [competitive insurance]

    [Sec. 530. 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. 531. 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. [532] 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 
shall be used for the purpose for which the assistance was provided to 
that organization.

                           [separate accounts]

    [Sec. 533. (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 ac

[[Page 1030]]

count pursuant to subsection (a), or an equivalent amount of local 
currencies, shall be used only--
        (A) to carry out chapters 1 or 10 of part I or chapter 4 of part 
    II (as the case may be), for such purposes as--
                (i) project and sector assistance activities, or
                (ii) debt and deficit financing, or
        (B) for the administrative requirements of the United States 
    Government.
    (3) Programming Accountability.--The Agency for International 
Development shall take all necessary steps to ensure that the equivalent 
of the local currencies disbursed pursuant to subsection (a)(2)(A) from 
the separate account established pursuant to subsection (a)(1) are used 
for the purposes agreed upon pursuant to subsection (a)(2).
    (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 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 are repealed.
    (6) Reporting Requirement.--The Administrator of the Agency for 
International Development shall report on an annual basis as part of the 
justification documents submitted to the Committees on Appropriations on 
the use of local currencies for the administrative requirements of the 
United States Government as authorized in subsection (a)(2)(B), and such 
report shall include the amount of local currency (and United States 
dollar equivalent) used and/or to be used for such purpose in each 
applicable country.]
    [(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. [534] 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. [535] 526. None of the funds appropriated or otherwise made 
available pursuant to this Act to carry out the Foreign Assistance Act 
of 1961 (including title IV of chapter 2 of part I, relating to the 
Overseas Private Investment Corporation) or the Arms Export Control Act 
may be used to provide assistance to any country that is not in 
compliance with the United Nations Security Council sanctions against 
Iraq unless the President determines and so certifies to the Congress 
that--
        (1) such assistance is in the national interest of the United 
    States;
        (2) such assistance will directly benefit the needy people in 
    that country; or
        (3) the assistance to be provided will be humanitarian 
    assistance for foreign nationals who have fled Iraq and Kuwait.

            competitive pricing for sales of defense articles

    Sec. [536] 527. Direct costs associated with meeting a foreign 
customer's additional or unique requirements will continue to be 
allowable under contracts under section 22(d) of the Arms Export Control 
Act. Loadings applicable to such direct costs shall be permitted at the 
same rates applicable to procurement of like items purchased by the 
Department of Defense for its own use.

  authorities for the peace corps, the inter-american foundation, the 
     african development foundation and the international fund for 
                        agricultural development

    Sec. [537] 528. (a) 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.
    (b) Unless expressly provided to the contrary, limitations on the 
availability of funds for ``International Organizations and Programs'' 
in this or any other Act, including prior appropriations Acts, shall not 
be construed to be applicable to the International Fund for Agricultural 
Development.

                   impact on jobs in the united states

    Sec. [538] 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.

                     [Serbia-Montenegro and Kosova]

    [Sec. 539. (a) Restrictions.--None of the funds in this or any other 
Act may be made available to modify or remove any sanction, prohibition 
or requirement with respect to Serbia-Montenegro unless

[[Page 1031]]

the President first submits to the Congress a certification described in 
subsection (c).]
    [(b) International Financial Institutions.--The Secretary of the 
Treasury shall instruct the United States executive directors of the 
international financial institutions to work in opposition to, and vote 
against, any extension by such institutions of any financial or 
technical assistance or grants of any kind to the government of Serbia-
Montenegro, unless the President first submits to the Congress a 
certification described in subsection (c).]
    [(c) Certification.--A certification described in this subsection is 
a certification that--
        (1) there is substantial improvement in the human rights 
    situation in Kosova;
        (2) international human rights observers are allowed to return 
    to Kosova;
        (3) Serbian, Serbian-Montenegrin federal government officials, 
    and representatives of the ethnic Albanian community in Kosova have 
    agreed on and begun implementation of a negotiated settlement on the 
    future status of Kosova; and
        (4) the government of Serbia-Montenegro is fully complying with 
    its obligations as a signatory to the General Framework Agreement 
    for Peace in Bosnia-Herzegovina including fully cooperating with the 
    International Criminal Tribunal for the Former Yugoslavia.]
    [(d) Waiver Authority.--The President may waive the application, in 
whole or in part, of subsections (a) and (b) if he certifies in writing 
to the Congress that the waiver is necessary to meet emergency 
humanitarian needs or to advance negotiations toward a peaceful 
settlement of the conflict in Kosova that is acceptable to the parties.]
    [(e) Exemption for Montenegro.--This section shall not apply to 
Montenegro.]

                           special authorities

    Sec. [540] 530. (a) Funds appropriated in titles I and II of this 
Act that are made available for Afghanistan, Lebanon, Montenegro, 
Kosovo, and for victims of war, displaced children, displaced Burmese, 
and humanitarian assistance for Romania[, and humanitarian assistance 
for the peoples of Kosova,] may be made available notwithstanding any 
other provision of law.
    (b) Funds appropriated by this Act to carry out the provisions of 
sections 103 through 106 of the Foreign Assistance Act of 1961 may be 
used, notwithstanding any other provision of law, for the purpose of 
supporting tropical forestry and biodiversity conservation activities 
and, subject to the regular notification procedures of the Committees on 
Appropriations, energy programs aimed at reducing greenhouse gas 
emissions: Provided, That such assistance shall be subject to sections 
116, 502B, and 620A of the Foreign Assistance Act of 1961.
    (c) The Agency for International Development may employ personal 
services contractors, notwithstanding any other provision of law, for 
the purpose of administering programs for the West Bank and Gaza.
    (d)[(1)] Waiver.--The President may waive the provisions of section 
1003 of Public Law 100-204 for any period of time if the President 
determines and certifies in writing to the Speaker of the House of 
Representatives and the President pro tempore of the Senate that it is 
important to the national security interests of the United States.
    [(2) Period of Application of Waiver.--Any waiver pursuant to 
paragraph (1) shall be effective for no more than a period of six months 
at a time and shall not apply beyond twelve months after enactment of 
this Act.]
    (e) During fiscal year 2000, the President may use up to $50,000,000 
under the authority of section 451 of the Foreign Assistance Act of 
1961, notwithstanding the funding ceiling contained in subsection (a) of 
that section.

        [policy on terminating the arab league boycott of israel]

    [Sec. 541. It is the sense of the Congress that--
        (1) the Arab League countries should immediately and publicly 
    renounce the primary boycott of Israel and the secondary and 
    tertiary boycott of American firms that have commercial ties with 
    Israel;
        (2) the decision by the Arab League in 1997 to reinstate the 
    boycott against Israel was deeply troubling and disappointing;
        (3) the Arab League should immediately rescind its decision on 
    the boycott and its members should develop normal relations with 
    their neighbor Israel; and
        (4) the President should--
                (A) take more concrete steps to encourage vigorously 
            Arab League countries to renounce publicly the primary 
            boycotts of Israel and the secondary and tertiary boycotts 
            of American firms that have commercial relations with Israel 
            as a confidence-building measure;
                (B) take into consideration the participation of any 
            recipient country in the primary boycott of Israel and the 
            secondary and tertiary boycotts of American firms that have 
            commercial relations with Israel when determining whether to 
            sell weapons to said country;
                (C) report to Congress on the specific steps being taken 
            by the President to bring about a public renunciation of the 
            Arab primary boycott of Israel and the secondary and 
            tertiary boycotts of American firms that have commercial 
            relations with Israel and to expand the process of 
            normalizing ties between Arab League countries and Israel; 
            and
                (D) encourage the allies and trading partners of the 
            United States to enact laws prohibiting businesses from 
            complying with the boycott and penalizing businesses that do 
            comply.]

                        anti-narcotics activities

    Sec. [542(a)] 531. Of the funds appropriated by this Act for 
``Economic Support Fund'', assistance may be provided to strengthen the 
administration of justice in countries in Latin America and the 
Caribbean and in other regions consistent with the provisions of section 
534(b) of the Foreign Assistance Act of 1961, except that programs to 
enhance protection of participants in judicial cases may be conducted 
notwithstanding section 660 of that Act.
    (b) [Funds made available pursuant to this section may be made 
available notwithstanding section 534(c) and the second and third 
sentences of section 534(e) of the Foreign Assistance Act of 1961.] 
Section 534(c) of the Foreign Assistance Act of 1961 and the second and 
third sentences of section 534(e) of that Act are repealed.

                       eligibility for assistance

    Sec. [543] 532. (a) Assistance Through Nongovernmental 
Organizations.--Restrictions contained in this or any other Act with 
respect to assistance for a country shall not be construed to restrict 
assistance in support of programs of nongovernmental organizations from 
funds appropriated by this Act to carry out the provisions of chapters 
1, 10, and 11 of part I and chapter 4 of part II of the Foreign 
Assistance Act of 1961, and from funds appropriated under the heading 
``Assistance for Eastern Europe and the Baltic States'': 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 [1999] 2000, restrictions 
contained in this or any other Act with respect to assistance for a 
country shall not be construed to restrict assistance under the 
Agricultural Trade Development and Assistance Act of 1954: Provided, 
That none of the funds appropriated to carry out title I of such Act and 
made available pursuant to this subsection may be obligated or expended 
except as provided through the regular notification procedures of the 
Committees on Appropriations.
    (c) Exception.--This section shall not apply--
        (1) with respect to section 620A of the Foreign Assistance Act 
    or any comparable provision of law prohibiting assistance to 
    countries that support international terrorism; or
        (2) with respect to section 116 of the Foreign Assistance Act of 
    1961 or any comparable provision of law prohibiting assistance to 
    [countries that violate] the government of a country that violates 
    internationally recognized human rights.

                                earmarks

    Sec. [544] 533. (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

[[Page 1032]]

access in that country, if the President determines that the recipient 
for which funds are earmarked has significantly reduced its military or 
economic cooperation with the United States since enactment of the 
Foreign Operations, Export Financing, and Related Programs 
Appropriations Act, 1991; however, before exercising the authority of 
this subsection with regard to a base rights or base access country 
which has significantly reduced its military or economic cooperation 
with the United States, the President shall consult with, and shall 
provide a written policy justification to the Committees on 
Appropriations: Provided, That any such reprogramming shall be subject 
to the regular notification procedures of the Committees on 
Appropriations: Provided further, That assistance that is reprogrammed 
pursuant to this subsection shall be made available under the same terms 
and conditions as originally provided.
    (b) In addition to the authority contained in subsection (a), the 
original period of availability of funds appropriated by this Act and 
administered by the Agency for International Development that are 
earmarked for particular programs or activities by this or any other Act 
shall be extended for an additional fiscal year if the Administrator of 
such agency determines and reports promptly to the Committees on 
Appropriations that the termination of assistance to a country or a 
significant change in circumstances makes it unlikely that such 
earmarked funds can be obligated during the original period of 
availability: Provided, That such earmarked funds that are continued 
available for an additional fiscal year shall be obligated only for the 
purpose of such earmark.

                          ceilings and earmarks

    Sec. [545] 534. 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. 
Earmarks or minimum funding requirements contained in any other Act 
shall not be applicable to funds appropriated by this Act.

                 prohibition on publicity or propaganda

    Sec. [546] 535. 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].

            purchase of american-made equipment and products

    Sec. [547. (a)] 536. To the maximum extent possible, assistance 
provided under this Act should make full use of American resources, 
including commodities, products, and services.
    [(b) It is the sense of the Congress that, to the greatest extent 
practicable, all agriculture commodities, equipment and products 
purchased with funds made available in this Act should be American-
made.]
    [(c) In providing financial assistance to, or entering into any 
contract with, any entity using funds made available in this Act, the 
head of each Federal agency, to the greatest extent practicable, shall 
provide to such entity a notice describing the statement made in 
subsection (b) by the Congress.]

           [prohibition of payments to united nations members]

    [Sec. 548. None of the funds appropriated or made available pursuant 
to this Act for carrying out the Foreign Assistance Act of 1961, may be 
used to pay in whole or in part any assessments, arrearages, or dues of 
any member of the United Nations.]

                          [consulting services]

    [Sec. 549. The expenditure of any appropriation under this Act for 
any consulting service through procurement contract, pursuant to section 
3109 of title 5, United States Code, shall be limited to those contracts 
where such expenditures are a matter of public record and available for 
public inspection, except where otherwise provided under existing law, 
or under existing Executive order pursuant to existing law.]

            [private voluntary organizations--documentation]

    [Sec. 550. None of the funds appropriated or made available pursuant 
to this Act shall be available to a private voluntary organization which 
fails to provide upon timely request any document, file, or record 
necessary to the auditing requirements of the Agency for International 
Development.]

  [Prohibition on Assistance to Foreign Governments that Export Lethal 
   Military Equipment to Countries Supporting International Terrorism]

    [Sec. 551. (a) None of the funds appropriated or otherwise made 
available by this Act may be available to any foreign government which 
provides lethal military equipment to a country the government of which 
the Secretary of State has determined is a terrorist government for 
purposes of section 40(d) of the Arms Export Control Act or any other 
comparable provision of law. The prohibition under this section with 
respect to a foreign government shall terminate 12 months after that 
government ceases to provide such military equipment. This section 
applies with respect to lethal military equipment provided under a 
contract entered into after October 1, 1997.]
    [(b) Assistance restricted by subsection (a) or any other similar 
provision of law, may be furnished if the President determines that 
furnishing such assistance is important to the national interests of the 
United States.]
    [(c) Whenever the waiver of subsection (b) is exercised, the 
President shall submit to the appropriate congressional committees a 
report with respect to the furnishing of such assistance. Any such 
report shall include a detailed explanation of the assistance estimated 
to be provided, including the estimated dollar amount of such 
assistance, and an explanation of how the assistance furthers United 
States national interests.]

 [withholding of assistance for parking fines owed by foreign countries]

    [Sec. 552. (a) In General.--Of the funds made available for a 
foreign country under part I of the Foreign Assistance Act of 1961, an 
amount equivalent to 110 percent of the total unpaid fully adjudicated 
parking fines and penalties owed to the District of Columbia by such 
country as of the date of enactment of this Act shall be withheld from 
obligation for such country until the Secretary of State certifies and 
reports in writing to the appropriate congressional committees that such 
fines and penalties are fully paid to the government of the District of 
Columbia.]
    [(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. 553. None of the funds appropriated by this Act may be 
obligated for assistance for the Palestine Liberation Organization for 
the West Bank and Gaza unless the President has exercised the authority 
under section 604(a) of the Middle East Peace Facilitation Act of 1995 
(title VI of Public Law 104-107) or any other legislation to suspend or 
make inapplicable section 307 of the Foreign Assistance Act of 1961 and 
that suspension is still in effect: Provided, That if the President 
fails to make the certification under section 604(b)(2) of the Middle 
East Peace Facilitation Act of 1995 or to suspend the prohibition under 
other legislation, funds appropriated by this Act may not be obligated 
for assistance for the Palestine Liberation Organization for the West 
Bank and Gaza.]

                      war crimes tribunals drawdown

    Sec. [554] 537. If the President determines that doing so will 
contribute to a just resolution of charges regarding genocide or other 
violations of international humanitarian law, the President may direct a 
drawdown pursuant to section 552(c) of the Foreign Assistance Act of 
1961, as amended, of up to $30,000,000 of commodities and services for 
the United Nations War Crimes Tribunal established with regard to the 
former Yugoslavia by the United Nations Security Council or such other 
tribunals or commissions as the Council may establish to deal with such 
violations, without regard to the ceiling limitation contained in 
paragraph (2) thereof: Provided, That the determination required under 
this section shall be in lieu of any determinations otherwise required 
under section 552(c): Provided further, That sixty days after the date 
of enactment of this Act, and every one hundred eighty 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

[[Page 1033]]

to the United Nations War Crimes Tribunal for the former Yugoslavia[: 
Provided further, That the drawdown made under this section for any 
tribunal shall not be construed as an endorsement or precedent for the 
establishment of any standing or permanent international criminal 
tribunal or court: Provided further, That funds made available for 
tribunals or commissions other than for Yugoslavia or Rwanda shall be 
made available subject to the regular notification procedures of the 
Committees on Appropriations].

                                landmines

    Sec. [555] 538. Notwithstanding any other provision of law, demining 
equipment available to the Agency for International Development and the 
Department of State and used in support of the clearance of landmines 
and unexploded ordnance for humanitarian purposes may be disposed of on 
a grant basis in foreign countries, subject to such terms and conditions 
as the President may prescribe.

           [restrictions concerning the palestinian authority]

    [Sec. 556. 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. [557] 539. None of the funds appropriated or otherwise made 
available by this Act under the heading ``International Military 
Education and Training '' or ``Foreign Military Financing Program'' for 
Informational Program activities may be obligated or expended to pay 
for--
        (1) alcoholic beverages;
        (2) food (other than food provided at a military installation) 
    not provided in conjunction with Informational Program trips where 
    students do not stay at a military installation; or
        (3) entertainment expenses for activities that are substantially 
    of a recreational character, including entrance fees at sporting 
    events and amusement parks.

                     [equitable allocation of funds]

    [Sec. 558. Not more than 17 percent of the funds appropriated by 
this Act to carry out the provisions of sections 103 through 106 and 
chapter 4 of part II of the Foreign Assistance Act of 1961, that are 
made available for Latin America and the Caribbean region may be made 
available, through bilateral and Latin America and the Caribbean 
regional programs, to provide assistance for any country in such 
region.]

                   special debt relief for the poorest

    Sec. [559] 540. (a) Authority To Reduce Debt.--The President may 
reduce amounts owed to the United States (or any agency of the United 
States) by an eligible country as a result of--
        (1) guarantees issued under sections 221 and 222 of the Foreign 
    Assistance Act of 1961;
        (2) credits extended or guarantees issued under the Arms Export 
    Control Act; or
        (3) any obligation or portion of such obligation for a Latin 
    American country, to pay for purchases of United States agricultural 
    commodities guaranteed by the Commodity Credit Corporation under 
    export credit guarantee programs authorized pursuant to section 5(f 
    ) of the Commodity Credit Corporation Charter Act of June 29, 1948, 
    as amended, section 4(b) of the Food for Peace Act of 1966, as 
    amended (Public Law 89-808), or section 202 of the Agricultural 
    Trade Act of 1978, as amended (Public Law 95-501).
    (b) Limitations.--
        (1) The authority provided by subsection (a) may be exercised 
    only to implement multilateral official debt relief ad 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. [560] 541. (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 
            for such debt by such eligible country, or the difference 
            between the price paid for such debt and the face value of 
            such debt, to support activities that link conservation and 
            sustainable use of natural resources with local community 
            development, and child survival and other child development, 
            in a manner consistent with sections 707 through 710 of the 
            Foreign Assistance Act of 1961, if the sale, reduction, or 
            cancellation would not contravene any term or condition of 
            any prior agreement relating to such loan.
        (2) Terms and conditions.--Notwithstanding any other provision 
    of law, the President shall, in accordance with this section, 
    establish the terms and conditions under which loans may be sold, 
    reduced, or canceled pursuant to this section.
        (3) Administration.--The Facility, as defined in section 702(8) 
    of the Foreign Assistance Act of 1961, shall notify the 
    administrator of the agency primarily responsible for administering 
    part I of the Foreign Assistance Act of 1961 of purchasers that the 
    President has determined to be eligible, and shall direct such 
    agency to carry out the sale, reduction, or cancellation of a loan 
    pursuant to this section. Such agency shall make an adjustment in 
    its accounts to reflect the sale, reduction, or cancellation.
        (4) Limitation.--The authorities of this subsection shall be 
    available only to the extent that appropriations for the cost of the 
    modification, as defined in section 502 of the Congressional Budget 
    Act of 1974, are made in advance.
    (b) Deposit of Proceeds.--The proceeds from the sale, reduction, or 
cancellation of any loan sold, reduced, or canceled pursuant to this 
section shall be deposited in the United States Government account or 
accounts established for the repayment of such loan.

[[Page 1034]]

    (c) Eligible Purchasers.--A loan may be sold pursuant to subsection 
(a)(1)(A) only to a purchaser who presents plans satisfactory to the 
President for using the loan for the purpose of engaging in debt-for-
equity swaps, debt-for-development swaps, or debt-for-nature swaps.
    (d) Debtor Consultations.--Before the sale to any eligible 
purchaser, or any reduction or cancellation pursuant to this section, of 
any loan made to an eligible country, the President should consult with 
the country concerning the amount of loans to be sold, reduced, or 
canceled and their uses for debt-for-equity swaps, debt-for-development 
swaps, or debt-for-nature swaps.
    (e) Availability of Funds.--The authority provided by subsection (a) 
may be used only with regard to funds appropriated by this Act under the 
heading ``Debt restructuring ''.

                  [limitation on assistance for haiti]

    [Sec. 561. (a) Limitation.--Funds appropriated by this Act may be 
made available for assistance for the central Government of Haiti only 
if the President reports to the Committee on Appropriations and the 
Committee on International Relations of the House of Representatives and 
the Committee on Appropriations and the Committee on Foreign Relations 
of the Senate that the Government of Haiti--
        (1) has completed privatization of (or placed under long-term 
    private management or concession) three major public entities 
    including the completion of all required incorporating documents, 
    the transfer of assets, and the eviction of unauthorized occupants 
    of the land or facility;
        (2) has re-signed or is implementing the bilateral Repatriation 
    Agreement with the United States and in the preceding six months 
    that the central Government of Haiti is cooperating with the United 
    States in halting illegal emigration from Haiti;
        (3) is conducting thorough investigations of extrajudicial and 
    political killings and has made substantial progress in bringing to 
    justice a person or persons responsible for one or more 
    extrajudicial or political killings in Haiti, and is cooperating 
    with United States authorities and with United States-funded 
    technical advisors to the Haitian National Police in such 
    investigations;
        (4) has taken action to remove from the Haitian National Police, 
    national palace and residential guard, ministerial guard, and any 
    other public security entity or unit of Haiti those individuals who 
    are credibly alleged to have engaged in or conspired to conceal 
    gross violations of internationally recognized human rights or 
    credibly alleged to have engaged in or conspired to engage in 
    narcotics trafficking; and
        (5) has ratified or is implementing the maritime counter-
    narcotics agreements signed in October 1997.]
    [(b) Availability of Electoral Assistance.--The limitation in 
subsection (a) shall not apply to funds appropriated by this Act that 
are made available to support elections in Haiti if the President 
reports to the Congress that the central Government of Haiti:
        (1) has achieved a transparent settlement of the contested April 
    1997 elections; and
        (2) has made concrete progress on the constitution of a credible 
    and competent provisional electoral council that is acceptable to a 
    broad spectrum of political parties and civic groups.]
    [(c) Exceptions.--The limitations in subsections (a) and (b) shall 
not apply to the provision of--
        (1) counter-narcotics assistance, support for the Haitian 
    National Police's Special Investigations Unit and anti-corruption 
    programs, the International Criminal Investigative Assistance 
    Program, and assistance in support of Haitian customs and maritime 
    officials;
        (2) food assistance management and support;
        (3) assistance for urgent humanitarian needs, such as medical 
    and other supplies and services in support of community health 
    services, schools, and orphanages; and
        (4) not more than $3,000,000 for the development and support of 
    political parties and civic groups.]
    [(d) Waiver.--At any time after 150 days from the date of enactment 
of this Act, the Secretary of State may waive the requirements contained 
in subsection (a)(1) if she reports to the Committees specified in 
subsection (a) that the Government of Haiti has satisfied the 
requirements of subsection (a)(1) with regard to one major public entity 
and has satisfied the remaining requirements of subsection (a).]
    [(e) Reports.--The Secretary of State shall provide to the 
Committees specified in subsection (a) on a quarterly basis--
        (1) in consultation with the Secretary of Defense and the 
    Administrator of the Drug Enforcement Administration, a report on 
    the status and number of United States personnel deployed in and 
    around Haiti on Department of Defense, Drug Enforcement 
    Administration, and United Nations missions, including displays by 
    functional or operational assignment for such personnel and the cost 
    to the United States of these operations; and
        (2) the monthly reports, prepared during the previous quarter, 
    of the Organization of American States/United Nations International 
    Civilian Mission to Haiti (MICIVIH).]
    [(f) Administration of Justice Assistance.--(1) The limitation in 
subsection (a) shall not apply to funds appropriated under this Act that 
are made available for the Ministry of Justice for the training of 
judges if the President determines and reports to the Committee on 
Appropriations and the Committee on Foreign Relations of the Senate, and 
the Committee on Appropriations and the Committee on International 
Relations of the House of Representatives, that Haiti's Minister of 
Justice--
        (A) has demonstrated a commitment to the professionalism of 
    judicial personnel by consistently placing students graduated by the 
    Judicial School in appropriate judicial positions and has made a 
    commitment to share program costs associated with the Judicial 
    School; and
        (B) is making progress in making the judicial branch in Haiti 
    independent from the executive branch.
    (2) The limitation in subsection (a) shall not apply to funds to 
support the training of prosecutors, judicial mentoring, legal 
assistance, and case management.]

  [requirement for disclosure of foreign aid in report of secretary of 
                                 state]

    [Sec. 562. (a) Foreign Aid Reporting Requirement.--In addition to 
the voting practices of a foreign country, the report required to be 
submitted to Congress under section 406(a) of the Foreign Relations 
Authorization Act, fiscal years 1990 and 1991 (22 U.S.C. 2414a), shall 
include a side-by-side comparison of individual countries' overall 
support for the United States at the United Nations and the amount of 
United States assistance provided to such country in fiscal year 1998.]
    [(b) United States Assistance.--For purposes of this section, the 
term ``United States assistance'' has the meaning given the term in 
section 481(e)(4) of the Foreign Assistance Act of 1961 (22 U.S.C. 
2291(e)(4)).]

  [restrictions on voluntary contributions to united nations agencies]

    [Sec. 563. (a) Prohibition on Voluntary Contributions for the United 
Nations.--None of the funds appropriated by this Act may be made 
available to pay any voluntary contribution of the United States to the 
United Nations (including the United Nations Development Program) if the 
United Nations implements or imposes any taxation on any United States 
persons.]
    [(b) Certification Required for Disbursement of Funds.--None of the 
funds appropriated by this Act may be made available to pay any 
voluntary contribution of the United States to the United Nations 
(including the United Nations Development Program) unless the President 
certifies to the Congress 15 days in advance of such payment that the 
United Nations is not engaged in any effort to implement or impose any 
taxation on United States persons in order to raise revenue for the 
United Nations or any of its specialized agencies.]
    [(c) Definitions.--As used in this section the term ``United States 
person'' refers to--
        (1) a natural person who is a citizen or national of the United 
    States; or
        (2) a corporation, partnership, or other legal entity organized 
    under the United States or any State, territory, possession, or 
    district of the United States.]

                          [burma labor report]

    [Sec. 564. Not later than ninety days after enactment of this Act, 
the Secretary of Labor shall provide to the Committees on Appropriations 
a report addressing labor practices in Burma: Provided, That the report 
shall provide comprehensive details on child labor practices, worker's 
rights, forced relocation of laborers, forced labor

[[Page 1035]]

performed to support the tourism industry, and forced labor performed in 
conjunction with, and in support of, the Yadonna gas pipeline: Provided 
further, That the report should address whether the government is in 
compliance with international labor standards: Provided further, That 
the report should provide details regarding the United States 
government's efforts to address and correct practices of forced labor in 
Burma.]

                                  haiti

    Sec. [565] 542. The Government of Haiti shall be eligible to 
purchase defense articles and services under the Arms Export Control Act 
(22 U.S.C. 2751 et seq.), for the civilian-led Haitian National Police 
and Coast Guard[: Provided, That the authority provided by this section 
shall be subject to the regular notification procedures of the 
Committees on Appropriations].

         [limitation on assistance to the palestinian authority]

    [Sec. 566. (a) Prohibition of Funds.--None of the funds appropriated 
by this Act to carry out the provisions of chapter 4 of part II of the 
Foreign Assistance Act of 1961 may be obligated or expended with respect 
to providing funds to the Palestinian Authority.]
    [(b) Waiver.--The prohibition included in subsection (a) shall not 
apply if the President certifies in writing to the Speaker of the House 
of Representatives and the President pro tempore of the Senate that 
waiving such prohibition is important to the national security interests 
of the United States.]
    [(c) Period of Application of Waiver.--Any waiver pursuant to 
subsection (b) shall be effective for no more than a period of six 
months at a time and shall not apply beyond twelve months after 
enactment of this Act.]

         [limitation on assistance to the government of croatia]

    [Sec. 567. None of the funds appropriated by title II of this Act 
may be made available to the Government of Croatia to relocate the 
remains of Croatian Ustashe soldiers, at the site of the World War II 
concentration camp at Jasenovac, Croatia.]

              [limitation on assistance to security forces]

    [Sec. 568. None of the funds made available by this Act may be 
provided to any unit of the security forces of a foreign country if the 
Secretary of State has credible evidence that such unit has committed 
gross violations of human rights, unless the Secretary determines and 
reports to the Committees on Appropriations that the government of such 
country is taking effective measures to bring the responsible members of 
the security forces unit to justice: Provided, That nothing in this 
section shall be construed to withhold funds made available by this Act 
from any unit of the security forces of a foreign country not credibly 
alleged to be involved in gross violations of human rights: Provided 
further, That in the event that funds are withheld from any unit 
pursuant to this section, the Secretary of State shall promptly inform 
the foreign government of the basis for such action and shall, to the 
maximum extent practicable, assist the foreign government in taking 
effective measures to bring the responsible members of the security 
forces to justice.]

      [limitations on transfer of military equipment to east timor]

    [Sec. 569. In any agreement for the sale, transfer, or licensing of 
any lethal equipment or helicopter for Indonesia entered into by the 
United States pursuant to the authority of this Act or any other Act, 
the agreement shall state that the United States expects that the items 
will not be used in East Timor: Provided, That nothing in this section 
shall be construed to limit Indonesia's inherent right to legitimate 
national self-defense as recognized under the United Nations Charter and 
international law.]

[restrictions on assistance to countries providing sanctuary to indicted 
                             war criminals]

    [Sec. 570. (a) Bilateral Assistance.--None of the funds made 
available by this or any prior Act making appropriations for foreign 
operations, export financing and related programs, may be provided for 
any country, entity or canton described in subsection (e).]
    [(b) Multilateral Assistance.--
        (1) Prohibition.--The Secretary of the Treasury shall instruct 
    the United States executive directors of the international financial 
    institutions to work in opposition to, and vote against, any 
    extension by such institutions of any financial or technical 
    assistance or grants of any kind to any country or entity described 
    in subsection (e).
        (2) Notification.--Not less than 15 days before any vote in an 
    international financial institution regarding the extension of 
    financial or technical assistance or grants to any country or entity 
    described in subsection (e), the Secretary of the Treasury, in 
    consultation with the Secretary of State, shall provide to the 
    Committee on Appropriations and the Committee on Foreign Relations 
    of the Senate and the Committee on Appropriations and the Committee 
    on Banking and Financial Services of the House of Representatives a 
    written justification for the proposed assistance, including an 
    explanation of the United States position regarding any such vote, 
    as well as a description of the location of the proposed assistance 
    by municipality, its purpose, and its intended beneficiaries.
        (3) Definition.--The term ``international financial 
    institution'' includes the International Monetary Fund, the 
    International Bank for Reconstruction and Development, the 
    International Development Association, the International Finance 
    Corporation, the Multilateral Investment Guaranty Agency, and the 
    European Bank for Reconstruction and Development.]
    [(c) Exceptions.--
        (1) In general.--Subject to paragraph (2), subsections (a) and 
    (b) shall not apply to the provision of--
                (A) humanitarian assistance;
                (B) democratization assistance;
                (C) assistance for cross border physical infrastructure 
            projects involving activities in both a sanctioned country, 
            entity, or canton and a nonsanctioned contiguous country, 
            entity, or canton, if the project is primarily located in 
            and primarily benefits the nonsanctioned country, entity, or 
            canton and if the portion of the project located in the 
            sanctioned country, entity, or canton is necessary only to 
            complete the project;
                (D) small-scale assistance projects or activities 
            requested by United States Armed Forces that promote good 
            relations between such forces and the officials and citizens 
            of the areas in the United States SFOR sector of Bosnia;
                (E) implementation of the Brcko Arbitral Decision;
                (F) lending by the international financial institutions 
            to a country or entity to support common monetary and fiscal 
            policies at the national level as contemplated by the Dayton 
            Agreement; or
                (G) direct lending to a non-sanctioned entity, or 
            lending passed on by the national government to a non-
            sanctioned entity.
                (H) assistance to the International Police Task Force 
            for the training of a civilian police force.
        (2) Notification.--Every 30 days the Secretary of State, in 
    consultation with the Administrator of the Agency for International 
    Development, shall publish in the Federal Register and/or in a 
    comparable publicly accessible document or internet site, a listing 
    and justification of any assistance that is obligated within that 
    period of time for any country, entity, or canton described in 
    subsection (e), including a description of the purpose of the 
    assistance project and its location, by municipality.]
    [(d) Further limitations.--Notwithstanding subsection (c)--
        (1) no assistance may be made available by this Act, or any 
    prior Act making appropriations for foreign operations, export 
    financing and related programs, in any country, entity, or canton 
    described in subsection (e), for a program, project, or activity in 
    which a publicly indicted war criminal is known to have any 
    financial or material interest; and
        (2) no assistance (other than emergency foods or medical 
    assistance or demining assistance) may be made available by this 
    Act, or any prior Act making appropriations for foreign operations, 
    export financing and related programs for any program, project, or 
    activity in a community within any country, entity or canton 
    described in subsection (e) if competent authorities within that 
    community are not complying with the provisions of Article IX and 
    Annex 4, Article II, paragraph 8 of the Dayton Agreement relating to 
    war crimes and the Tribunal.]
    [(e) Sanctioned Country, Entity, or Canton.--A sanctioned country, 
entity, or canton described in this section is one whose competent 
authorities have failed, as determined by the Secretary of State, to 
take necessary and significant steps to apprehend and transfer to the 
Tribunal all persons who have been publicly indicted by the Tribunal.]
    [(f) Waiver.--
        (1) In general.--The Secretary of State may waive the 
    application of subsection (a) or subsection (b) with respect to 
    specified

[[Page 1036]]

    bilateral programs or international financial institution projects 
    or programs in a sanctioned country, entity, or canton upon 
    providing a written determination to the Committee on Appropriations 
    and the Committee on Foreign Relations of the Senate and the 
    Committee on Appropriations and the Committee on International 
    Relations of the House of Representatives that such assistance 
    directly supports the implementation of the Dayton Agreement and its 
    Annexes, which include the obligation to apprehend and transfer 
    indicted war criminals to the Tribunal.
        (2) Report.--Not later than 15 days after the date of any 
    written determination under paragraph (1) the Secretary of State 
    shall submit a report to the Committee on Appropriations and the 
    Committee on Foreign Relations of the Senate and the Committee on 
    Appropriations and the Committee on International Relations of the 
    House of Representatives regarding the status of efforts to secure 
    the voluntary surrender or apprehension and transfer of persons 
    indicted by the Tribunal, in accordance with the Dayton Agreement, 
    and outlining obstacles to achieving this goal; and
        (3) Assistance programs and projects affected.--Any waiver made 
    pursuant to this subsection shall be effective only with respect to 
    a specified bilateral program or multilateral assistance project or 
    program identified in the determination of the Secretary of State to 
    Congress.]
    [(g) Termination of Sanctions.--The sanctions imposed pursuant to 
subsections (a) and (b) with respect to a country or entity shall cease 
to apply only if the Secretary of State determines and certifies to 
Congress that the authorities of that country, entity, or canton have 
apprehended and transferred to the Tribunal all persons who have been 
publicly indicted by the Tribunal.]
    [(h) Definitions.--As used in this section--
        (1) Country.--The term ``country'' means Bosnia-Herzegovina, 
    Croatia, Serbia, and Montenegro.
        (2) Entity.--The term ``entity'' refers to the Federation of 
    Bosnia and Herzegovina and the Republika Srpska.
        (3) Canton.--The term ``canton'' means the administrative units 
    in Bosnia and Herzegovina.
        (4) Dayton agreement.--The term ``Dayton Agreement'' means the 
    General Framework Agreement for Peace in Bosnia and Herzegovina, 
    together with annexes relating thereto, done at Dayton, November 10 
    through 16, 1995.
        (5) Tribunal.--The term ``Tribunal'' means the International 
    Criminal Tribunal for the Former Yugoslavia.]
    [(i) Role of Human Rights Organizations and Government Agencies.--In 
carrying out this section, the Secretary of State, the Administrator of 
the Agency for International Development, and the executive directors of 
the international financial institutions shall consult with 
representatives of human rights organizations and all government 
agencies with relevant information to help prevent publicly indicted war 
criminals from benefitting from any financial or technical assistance or 
grants provided to any country or entity described in subsection (e).]

Additional Requirements Relating To Stockpiling of Defense Articles For 
                            Foreign Countries

    [Sec. 571. (a) Value of Additions to Stockpiles.--Section 
514(b)(2)(A) of the Foreign Assistance Act of 1961 (22 U.S.C. 
2321h(b)(2)(A)) is amended by striking the word ``and'' after ``1997'', 
and inserting in lieu thereof a comma and inserting before the period at 
the end the following: ``and $340,000,000 for fiscal year 1999''.
    (b) Requirements Relating to the Republic of Korea and Thailand.--
Section 514(b)(2)(B) of such Act (22 U.S.C. 2321h(b)(2)(B)) is amended 
by adding at the end the following: ``Of the amount specified in 
subparagraph (A) for fiscal year 1999, not more than $320,000,000 may be 
made available for stockpiles in the Republic of Korea and not more than 
$20,000,000 may be made available for stockpiles in Thailand.''.]
    Sec. 543. (a) Value of Additions to Stockpiles.--Section 
514(b)(2)(A) of the Foreign Assistance Act of 1961 (22 U.S.C. 
2321h(b)(2)(A)) is amended by striking the following: ``$50,000,000 for 
each of the fiscal years 1996 and 1997, $60,000,000 for fiscal year 
1998, and'' and inserting in lieu thereof before the period at the end, 
the following: ``and $60,000,000 for fiscal year 2000.''
    (b) Requirements Relating to the Republic of Korea and Thailand.--
Section 514(b)(2)(B) of such Act (22 U.S.C. 2321h(b)(2)(B)) is amended 
by striking the following: ``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. 
Of the amount specified in subparagraph (A) for fiscal year 1998, not 
more than $40,000,000 may be made available for stockpiles in the 
Republic of Korea and not more than $20,000,000 may be made available 
for stockpiles in Thailand.''; and at the end inserting the following 
sentence: ``Of the amount specified in subparagraph (A) for FY 2000, not 
more than $40,000,000 may be made available for stockpiles in the 
Republic of Korea and not more than $20,000,000 may be made available 
for stockpiles in Thailand.''.

 [To Prohibit Foreign Assistance to the Government of Russia should it 
enact laws which would discriminate against minority religious faiths in 
                         the Russian Federation]

    [Sec. 572. None of the funds appropriated under this Act may be made 
available for the Government of Russian Federation, after 180 days from 
the date of enactment of this Act, unless the President determines and 
certifies in writing to the Committee on Appropriations and the 
Committee on Foreign Relations of the Senate that the Government of the 
Russian Federation has implemented no statute, executive order, 
regulation or similar government action that would discriminate, or 
would have as its principal effect discrimination, against religious 
groups or religious communities in the Russian Federation in violation 
of accepted international agreements on human rights and religious 
freedoms to which the Russian Federation is a party.]

                       [Greenhouse Gas Emissions]

    [Sec. 573. (a) Funds made available in this Act to support programs 
or activities promoting country participation in the Kyoto Protocol to 
the Framework Convention on Climate Change (FCCC) shall only be made 
available subject to the regular notification procedures of the 
Committees on Appropriations.]
    [(b) The President shall provide a detailed account of all Federal 
agency obligations and expenditures for climate change programs and 
activities, domestic and international, for fiscal year 1998, planned 
obligations for such activities in fiscal year 1999, and any plan for 
programs thereafter related to the implementation or the furtherance of 
protocols pursuant to, or related to negotiations to amend the FCCC in 
conjunction with the President's submission of the Budget of the United 
States Government for Fiscal Year 2000: Provided, That such report shall 
include an accounting of expenditures by agency with each agency 
identifying climate change activities and associated costs by line item 
as presented in the President's Budget Appendix.]

 withholding assistance to countries violating united nations sanctions 
                              against libya

    Sec. [574] 544. (a) Withholding of Assistance.--Except as provided 
in subsection (b), whenever the President determines and certifies to 
Congress that the government of any country is violating any sanction 
against Libya imposed pursuant to United Nations Security Council 
Resolution 731, 748, or 883, then not less than 5 percent of the funds 
allocated for the country under section 653(a) of the Foreign Assistance 
Act of 1961 out of appropriations in this Act shall be withheld from 
obligation or expenditure for that country.
    (b) Exception.--The requirement to withhold funds under subsection 
(a) shall not apply to funds appropriated in this Act for allocation 
under section 653(a) of the Foreign Assistance Act of 1961 for 
development assistance or for humanitarian assistance.
    (c) Waiver.--Funds may be provided for a country without regard to 
subsection (a) if the President determines that to do so is in the 
national security interest of the United States.

       [aid to the government of the democratic republic of congo]

    [Sec. 575. (a) None of the funds appropriated by this Act may be 
provided for assistance for the central Government of the Democratic 
Government of Congo until such time as the President reports in writing 
to the Congress that the central Government is--
        (1) investigating and prosecuting those responsible for human 
    rights violations committed in the Democratic Republic of Congo; and
        (2) implementing a credible democratic transition program.]

[[Page 1037]]

    [(b) This section shall not apply to assistance to promote democracy 
and the rule of law as part of a plan to implement a credible democratic 
transition program.]

                    [assistance for the middle east]

    [Sec. 576. Of the funds appropriated by this Act under the headings 
``Economic Support Fund'', ``Foreign Military Financing '', 
``International Military Education and Training '', ``Peacekeeping 
Operations'', for refugees resettling in Israel under the heading 
``Migration and Refugee Assistance'', and for assistance for Israel to 
carry out provisions of chapter 8 of part II of the Foreign Assistance 
Act of 1961 under the heading ``Nonproliferation, Anti-Terrorism, 
Demining, and Related Programs'', not more than a total of 
$5,402,850,000 may be made available for Israel, Egypt, Jordan, Lebanon, 
the West Bank and Gaza, the Israel-Lebanon Monitoring Group, the 
Multinational Force and Observers, the Middle East Regional Democracy 
Fund, Middle East Regional Cooperation, and Middle East Multilateral 
Working Groups: Provided, That any funds that were appropriated under 
such headings in prior fiscal years and that were at the time of 
enactment of this Act obligated or allocated for other recipients may 
not during fiscal year 1999 be made available for activities that, if 
funded under this Act, would be required to count against this ceiling: 
Provided further, That funds may be made available notwithstanding the 
requirements of this section if the President determines and certifies 
to the Committees on Appropriations that it is important to the national 
security interest of the United States to do so and any such additional 
funds shall only be provided through the regular notification procedures 
of the Committees on Appropriations.]

                     [enterprise fund restrictions]

    [Sec. 577. Prior to the distribution of any assets resulting from 
any liquidation, dissolution, or winding up of an Enterprise Fund, in 
whole or in part, the President shall submit to the Committees on 
Appropriations, in accordance with the regular notification procedures 
of the Committees on Appropriations, a plan for the distribution of the 
assets of the Enterprise Fund.]

                               [Cambodia]

    [Sec. 578. The Secretary of the Treasury should instruct the United 
States executive directors of the international financial institutions 
to use the voice and vote of the United States to oppose loans to the 
Government of Cambodia, except loans to support basic human needs.]

                  export financing transfer authorities

    Sec. [579] 545. Not to exceed 5 percent of any appropriation other 
than for administrative expenses made available for fiscal year [1999] 
2000 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.

                 [authorization for population planning]

    [Sec. 580. (a) Not to exceed $385,000,000 of the funds appropriated 
in title II of this Act may be available for population planning 
activities or other population assistance.]
    [(b) Such funds may be apportioned only on a monthly basis, and such 
monthly apportionments may not exceed 8.34 percent of the total 
available for such activities.]

   [report on all united states military training provided to foreign 
                           military personnel]

    [Sec. 581. (a) The Secretary of Defense and the Secretary of State 
shall jointly provide to the Congress by January 31, 1999, a report on 
all military training provided to foreign military personnel under 
programs administered by the Department of Defense and the Department of 
State during fiscal years 1998 and 1999, including those proposed for 
fiscal year 1999. This report shall include, for each such military 
training activity, the foreign policy justification and purpose for the 
training activity, the cost of the training activity, the number of 
foreign students trained and their units of operation, and the location 
of the training. In addition, this report shall also include, with 
respect to United States personnel, the operational benefits to United 
States forces derived from each such training activity and the United 
States military units involved in each such training activity. This 
report may include a classified annex if deemed necessary and 
appropriate.]
    [(b) For purposes of this section a report to Congress shall be 
deemed to mean a report to the Appropriations and Foreign Relations 
Committees of the Senate and the Appropriations and International 
Relations Committees of the House of Representatives.]

            korean peninsula energy development organization

    Sec. [582. (a)] 546. [Of the funds] Funds made available under the 
heading ``Nonproliferation, Anti-terrorism, Demining and Related 
Programs'', [not to exceed $35,000,000] may be made available for the 
Korean Peninsula Energy Development Organization (hereafter referred to 
in this section as ``KEDO''), notwithstanding any other provision of 
law, only for the administrative expenses and heavy fuel oil costs 
associated with the Agreed Framework[: Provided, That none of these 
funds may be made available until March 1, 1999].
    [(b) Of the funds made available for KEDO, up to $15,000,000 may be 
made available prior to June 1, 1999, if, thirty days prior to such 
obligation of funds, the President certifies and so reports to Congress 
that--
        (1)(A) the parties to the Agreed Framework have taken and 
    continue to take demonstrable steps to assure that progress is made 
    on the implementation of the January 1, 1992, Joint Declaration on 
    the Denuclearization of the Korean Peninsula in which the government 
    of North Korea has committed not to test, manufacture, produce, 
    receive, possess, store, deploy or use nuclear weapons;
        (B) the parties to the Agreed Framework have taken and continue 
    to take demonstrable steps to assure that progress is made on the 
    implementation of the North-South dialogue; and
        (C) North Korea is complying with all provisions of the Agreed 
    Framework and with the Confidential Minute between North Korea and 
    the United States;
        (2) North Korea is cooperating fully in the canning and safe 
    storage of all spent fuel from its graphite-moderated nuclear 
    reactors;
        (3) North Korea has not significantly diverted assistance 
    provided by the United States for purposes for which it was not 
    intended; and
        (4) the United States is fully engaged in efforts to impede 
    North Korea's development and export of ballistic missiles.]
    [(c) Of the funds made available for KEDO, up to $20,000,000 may be 
made available on or after June 1, 1999, if, thirty days prior to such 
obligation of funds, the President certifies and so reports to Congress 
that--
        (1) the United States has initiated meaningful discussions with 
    North Korea on implementation of the Joint Declaration on the 
    Denuclearization of the Korean Peninsula;
        (2) the United States has reached agreement with North Korea on 
    the means for satisfying U.S. concerns regarding suspect underground 
    construction; and
        (3) the United States is making significant progress on reducing 
    and eliminating the North Korean ballistic missile threat, including 
    its ballistic missile exports.]
    [(d) The President may waive the certification requirements of 
subsections (b) and (c) if the President determines that it is vital to 
the national security interests of the United States and provides 
written policy justifications to the appropriate congressional 
committees prior to his exercise of such waiver. No funds may be 
obligated for KEDO until 30 days after submission to Congress of such 
waiver.]
    [(e) Not later than January 1, 1999, the President shall name a 
``North Korea Policy Coordinator'', who shall conduct a full and 
complete interagency review of United States policy toward North Korea, 
shall provide policy direction for negotiations with North Korea related 
to nuclear weapons, ballistic missiles, and other security related 
issues, and shall also provide leadership for United States 
participation in KEDO.]
    [(f) The Secretary of State shall submit to the appropriate 
congressional committees an annual report (to be submitted with the 
annual presentation for appropriations) providing a full and detailed 
accounting of the fiscal year request for the United States contribution 
to KEDO, the expected operating budget of the KEDO, to include unpaid 
debt, proposed annual costs associated with heavy fuel oil purchases, 
and the amount of funds pledged by other donor nations and organizations 
to support KEDO activities on a per country basis, and other related 
activities.]
    [(g) The Secretary of Defense shall submit to the appropriate 
congressional committees an annual report on the degree to which

[[Page 1038]]

KEDO's mission and the Agreed Framework continue to promote important 
United States national security interests, contribute to delaying North 
Korean indigenous development of nuclear weapons-related technology, and 
positively impact the level of tension on the Korean Peninsula.]

   [National Advisory Council on International Monetary and Financial 
                                Policies]

    [Sec. 583. (a) Notwithstanding any other provision of law, each 
annual report required by subsection 1701(a) of the International 
Financial Institutions Act, as amended (Public Law 95-118, 22 U.S.C. 
262r), shall comprise--
        (1) an assessment of the effectiveness of the major policies and 
    operations of the international financial institutions;
        (2) the major issues affecting United States participation;
        (3) the major developments in the past year;
        (4) the prospects for the coming year;
        (5) the progress made and steps taken to achieve United States 
    policy goals (including major policy goals embodied in current law) 
    with respect to the international financial institutions; and
        (6) such data and explanations concerning the effectiveness, 
    operations, and policies of the international financial 
    institutions, such recommendations concerning the international 
    financial institutions, and such other data and material as the 
    Chairman may deem appropriate.]
    [(b) The requirements of Sections 1602(e), 1603(c), 1604(c), and 
1701(b) of the International Financial Institutions Act, as amended 
(Public Law 95-118, 22 U.S.C. 262p-1, 262p-2, 262p-3 and 262(r)), 
Section 2018(c) of the International Narcotics Control Act of 1986, as 
amended (Public Law 99-570, 22 U.S.C. 2291 note), Section 407(c) of the 
Foreign Debt Reserving Act of 1989 (Public Law 101-240, 22 U.S.C. 2291 
note), Section 14(c) of the Inter-American Development Bank Act, as 
amended (Public Law 86-147, 22 U.S.C. 283j-1(c)), and Section 1002 of 
the Freedom for Russia and Emerging Eurasian Democracies and Open 
Markets Support Act of 1992 (Public Law 102-511) (22 U.S.C. 286ll(b)) 
shall no longer apply to the contents of such annual reports.]

  prohibition on assistance to the palestinian broadcasting corporation

    Sec. [584] 547. None of the funds appropriated or otherwise made 
available by this Act may be used to provide equipment, technical 
support, consulting services, or any other form of assistance to the 
Palestinian Broadcasting Corporation, except that, in furtherance of the 
Wye River Memorandum of October 23, 1998 and related agreements, 
assistance is authorized to support the responsible role of the media, 
and to prevent the incitement of violence and terror, including hostile 
propaganda.

      [report on iraqi development of weapons of mass destruction]

    [Sec. 585. (a) Findings.--Congress finds that--
        (1) Iraq is continuing efforts to mask the extent of its weapons 
    of mass destruction and missile programs;
        (2) proposals to relax the current international inspection 
    regime would have potentially dangerous consequences for 
    international security; and
        (3) Iraq has demonstrated time and again that it cannot be 
    trusted to abide by international norms or by its own agreements, 
    and that the only way the international community can be assured of 
    Iraqi compliance is by ongoing inspection.]
    [(b) Sense of Congress.--It is the sense of Congress that--
        (1) the international agencies charged with inspections in 
    Iraq--the International Atomic Energy Agency (IAEA) and the United 
    Nations Special Commission (UNSCOM) should maintain vigorous 
    inspections, including surprise inspections, within Iraq; and
        (2) the United States should oppose any efforts to ease the 
    inspections regimes on Iraq until there is clear, credible evidence 
    that the Government of Iraq is in full compliance with all relevant 
    United Nations' resolutions.]
    [(c) Report.--Not later than 30 days after the date of enactment of 
this Act, the President shall submit a report to Congress on the United 
States Government's assessment of Iraq's nuclear and other weapons of 
mass destruction programs and its efforts to move toward procurement of 
nuclear weapons and the means to deliver weapons of mass destruction. 
The report shall also--
        (1) assess the United States view of the International Atomic 
    Energy Agency's action team reports and other IAEA efforts to 
    monitor the extent and nature of Iraq's nuclear program; and
        (2) include the United States Government's opinion on the value 
    of maintaining the ongoing inspection regime rather than replacing 
    it with a passive monitoring system.]

                   [sense of congress regarding iran]

    [Sec. 586. (a) The Congress finds that--
        (1) according to the Department of State, Iran continues to 
    support international terrorism, providing training, financing, and 
    weapons to such terrorist groups as Hizballah, Islamic Jihad and 
    Hamas;
        (2) Iran continues to oppose the Arab-Israeli peace process and 
    refuses to recognize Israel's right to exist;
        (3) Iran continues aggressively to seek weapons of mass 
    destruction and the missiles to deliver them;
        (4) it is long-standing United States policy to offer official 
    government-to-government dialogue with the Iranian regime, such 
    offers having been repeatedly rebuffed by Tehran;
        (5) more than a year after the election of President Khatemi, 
    Iranian foreign policy continues to threaten American security and 
    that of our allies in the Middle East; and
        (6) despite repeated offers and tentative steps toward 
    rapprochement with Iran by the Clinton Administration, including a 
    decision to waive sanctions under the Iran-Libya Sanctions Act and 
    the President's veto of the Iran Missile Proliferation Sanctions 
    Act, Iran has failed to reciprocate in a meaningful manner.]
    [(b) Therefore it is the sense of the Congress that--
        (1) the Administration should make no concessions to the 
    Government of Iran unless and until that government moderates its 
    objectionable policies, including taking steps to end its support of 
    international terrorism, opposition to the Middle East peace 
    process, and the development and proliferation of weapons of mass 
    destruction and their means of delivery; and
        (2) there should be no change in United States policy toward 
    Iran until there is credible and sustained evidence of a change in 
    Iranian policies.]

                        [aid office of security]

    [Sec. 587. (a) Establishment of Office.--There shall be established 
within the Office of the Administrator of the Agency for International 
Development, an Office of Security. Such Office of Security shall, 
notwithstanding any other provision of law except section 207 of the 
Foreign Service Act of 1980 and section 103 of Public Law 199-339, have 
the responsibility for the supervision, direction, and control of all 
security activities relating to the programs and operations of that 
Agency.]
    [(b) Transfer and Allocation of Appropriations and Personnel.--There 
are transferred to the Office of Security all security functions 
exercised by the Office of Inspector General of the Agency for 
International Development exercised before the date of enactment of this 
Act. The Administrator shall transfer from the Office of the Inspector 
General of such Agency to the Office of Security established by 
subsection (a), the personnel (including the Senior Executive Service 
position designated for the Assistant Inspector General for Security), 
assets, liabilities, grants, contracts, property, records, and 
unexpended balances of appropriations, and other funds held, used, 
available to, or to be made available in connection with such functions. 
Unexpended balances of appropriations, and other funds made available or 
to be made available in connection with such functions, shall be 
transferred to and merged with funds appropriated by this Act under the 
heading ``Operating Expenses of the Agency for International 
Development''.]
    [(c) Transfer of Employees.--Any employee in the career service who 
is transferred pursuant to this section shall be placed in a position in 
the Office of Security established by subsection (a) which is comparable 
to the position the employee held in the Office of the Inspector General 
of the Agency for International Development.]

  [sense of congress regarding ballistic missile development by north 
                                 korea]

    [Sec. 588. (a) Congress makes the following findings:
        (1) North Korea has been active in developing new generations of 
    medium-range and intermediate-range ballistic missiles, including 
    both the Nodong and Taepo Dong class missiles.

[[Page 1039]]

        (2) North Korea is not an adherent to the Missile Technology 
    Control Regime, actively cooperates with Iran and Pakistan in 
    ballistic missile programs, and has declared its intention to 
    continue to export ballistic missile technology.
        (3) North Korea has shared technology involved in the Taepo Dong 
    I missile program with Iran, which is concurrently developing the 
    Shahab-3 intermediate-range ballistic missile.
        (4) North Korea is developing the Taepo Dong II intermediate-
    range ballistic missile, which is expected to have sufficient range 
    to put at risk United States territories, forces, and allies 
    throughout the Asia-Pacific area.
        (5) Multistage missiles like the Taepo Dong class missile can 
    ultimately be extended to intercontinental range.
        (6) The bipartisan Commission to Assess the Ballistic Missile 
    Threat to the United States emphasized the need for the United 
    States intelligence community and United States policy makers to 
    review the methodology by which they assess foreign missile programs 
    in order to guard against surprise developments with respect to such 
    programs.]
    [(b) It is the sense of Congress that--
        (1) North Korea should be forcefully condemned for its August 
    31, 1998, firing of a Taepo Dong I intermediate-range ballistic 
    missile over the sovereign territory of another country, 
    specifically Japan, an event that demonstrated an advanced 
    capability for employing multistage missiles, which are by nature 
    capable of extended range, including intercontinental range;
        (2) the United States should reassess its cooperative space 
    launch programs with countries that continue to assist North Korea 
    and Iran in their ballistic missile and cruise missile programs;
        (3) any financial or technical assistance provided to North 
    Korea should take into account the continuing conduct by that 
    country of activities which destabilize the region, including the 
    missile firing referred to in paragraph (1), continued submarine 
    incursions into South Korean territorial waters, and violations of 
    the demilitarized zone separating North Korea and South Korea;
        (4) the recommendations of the Commission to Assess the 
    Ballistic Missile Threat to the United States should be incorporated 
    into the analytical processes of the United States intelligence 
    community as soon as possible; and
        (5) the United States should accelerate cooperative theater 
    missile defense programs with Japan.]

              [technical assistance to foreign governments]

    [Sec. 589. (a) Establishment of Program.--Chapter 1 of part I of the 
Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) is amended by 
adding at the end the following:

``SEC. 129. PROGRAM TO PROVIDE TECHNICAL ASSISTANCE TO FOREIGN 
    GOVERNMENTS AND FOREIGN CENTRAL BANKS OF DEVELOPING OR TRANSITIONAL 
    COUNTRIES.

    ``(a) Establishment of Program.--
        ``(1) In general.--Not later than 150 days after the date of the 
    enactment of this section, the Secretary of the Treasury, after 
    consultation with the Secretary of State and the Administrator of 
    the United States Agency for International Development, is 
    authorized to establish a program to provide technical assistance to 
    foreign governments and foreign central banks of developing or 
    transitional countries.
        ``(2) Role of secretary of state.--The Secretary of State shall 
    provide foreign policy guidance to the Secretary to ensure that the 
    program established under this subsection is effectively integrated 
    into the foreign policy of the United States.]
    [``(b) Conduct of Program.--
        ``(1) In general.--In carrying out the program established under 
    subsection (a), the Secretary shall provide economic and financial 
    technical assistance to foreign governments and foreign central 
    banks of developing and transitional countries by providing advisers 
    with appropriate expertise to advance the enactment of laws and 
    establishment of administrative procedures and institutions in such 
    countries to promote macroeconomic and fiscal stability, efficient 
    resource allocation, transparent and market-oriented processes and 
    sustainable private sector growth.
        ``(2) Additional requirements.--To the extent practicable, such 
    technical assistance shall be designed to establish--
                ``(A) tax systems that are fair, objective, and 
            efficiently gather sufficient revenues for governmental 
            operations;
                ``(B) debt issuance and management programs that rely on 
            market forces;
                ``(C) budget planning and implementation that permits 
            responsible fiscal policy management;
                ``(D) commercial banking sector development that 
            efficiently intermediates between savers and investors; and
                ``(E) financial law enforcement to protect the integrity 
            of financial systems, financial institutions, and government 
            programs.]
    [``(c) Administrative Requirements.--In carrying out the program 
established under subsection (a), the Secretary--
        ``(1) shall establish a methodology for identifying and 
    selecting foreign governments and foreign central banks to receive 
    assistance under the program;
        ``(2) prior to selecting a foreign government or foreign central 
    bank to receive assistance under the program, shall receive the 
    concurrence of the Secretary of State with respect to the selection 
    of such government or central bank and with respect to the cost of 
    the assistance to such government or central bank;
        ``(3) shall consult with the heads of appropriate Executive 
    agencies of the United States, including the Secretary of State and 
    the Administrator of the United States Agency for International 
    Development, and appropriate international financial institutions to 
    avoid duplicative efforts with respect to those foreign countries 
    for which such agencies or organizations provide similar assistance;
        ``(4) shall ensure that the program is consistent with the 
    International Affairs Strategic Plan and Mission Performance Plan of 
    the United States Agency for International Development;
        ``(5) shall establish and carry out a plan to evaluate the 
    program.]
    [``(d) Administrative Authorities.--In carrying out the program 
established under subsection (a), the Secretary shall have the following 
administrative authorities:
        ``(1) The Secretary may provide allowances and benefits under 
    chapter 9 of title I of the Foreign Service Act of 1980 (22 U.S.C. 
    4081 et seq.) to any officer or employee of any agency of the United 
    States Government performing functions under this section outside 
    the United States.
        ``(2)(A) The Secretary may allocate or transfer to any agency of 
    the United States Government any part of any funds available for 
    carrying out this section, including any advance to the United 
    States Government by any country or international organization for 
    the procurement of commodities, supplies, or services.
        ``(B) Such funds shall be available for obligation and 
    expenditure for the purposes for which such funds were authorized, 
    in accordance with authority granted in this section or under 
    authority governing the activities of the agency of the United 
    States Government to which such funds are allocated or transferred.
        ``(3) Appropriations for the purposes of or pursuant to this 
    section, and allocations to any agency of the United States 
    Government from other appropriations for functions directly related 
    to the purposes of this section, shall be available for--
                ``(A) contracting with individuals for personal services 
            abroad, except that such individuals shall not be regarded 
            as employees of the United States Government for the purpose 
            of any law administered by the Office of Personnel 
            Management;
                ``(B) the purchase and hire of passenger motor vehicles, 
            except that passenger motor vehicles may be purchased only--
                ``(i) for use in foreign countries; and
                ``(ii) if the Secretary or the Secretary's designee has 
            determined that the vehicle is necessary to accomplish the 
            mission;
                ``(C) the purchase of insurance for official motor 
            vehicles acquired for use in foreign countries;
                ``(D)(i) the rent or lease outside the United States, 
            not to exceed 5 years, of offices, buildings, grounds, and 
            quarters, including living quarters to house personnel, 
            consistent with the relevant interagency housing board 
            policy, and payments therefor in advance;
                ``(ii) maintenance, furnishings, necessary repairs, 
            improvements, and alterations to properties owned or rented 
            by the United States Government or made available for use to 
            the United States Government outside the United States; and
                ``(iii) costs of insurance, fuel, water, and utilities 
            for such properties;
                ``(E) expenses of preparing and transporting to their 
            former homes or places of burial the remains of foreign 
            participants or members of the family of foreign 
            participants, who may die while such participants are away 
            from their homes participating in activities carried out 
            with funds covered by this section;

[[Page 1040]]

                ``(F) notwithstanding any other provision of law, 
            transportation and payment of per diem in lieu of 
            subsistence to foreign participants engaged in activities of 
            the program under this section while such participants are 
            away from their homes in countries other than the United 
            States, at rates not in excess of those prescribed by the 
            standardized Government travel regulations;
                ``(G) expenses in connection with travel of personnel 
            outside the United States, including travel expenses of 
            dependents (including expenses during necessary stop-overs 
            while engaged in such travel), and transportation of 
            personal effects, household goods, and automobiles of such 
            personnel when any part of such travel or transportation 
            begins in one fiscal year pursuant to travel orders issued 
            in that fiscal year, notwithstanding the fact that such 
            travel or transportation may not be completed during the 
            same fiscal year, and cost of transporting automobiles to 
            and from a place of storage, and the cost of storing 
            automobiles of such personnel when it is in the public 
            interest or more economical to authorize storage; and
                ``(H) grants to, and cooperative agreements and 
            contracts with, any individual, corporation, or other body 
            of persons, nonprofit organization, friendly government or 
            government agency, whether within or without the United 
            States, and international organizations, as the Secretary 
            determines is appropriate to carry out the purposes of this 
            section.
        ``(4) Whenever the Secretary determines it to be consistent with 
    the purposes of this section, the Secretary is authorized to furnish 
    services and commodities on an advance-of-funds basis to any 
    friendly country or international organization that is not otherwise 
    prohibited from receiving assistance under this Act. Such advances 
    may be credited to the currently applicable appropriation, account, 
    or fund of the Department of the Treasury and shall be available for 
    the purposes for which such appropriation, account, or fund is 
    authorized to be used.]
    [``(e) Issuance of Regulations.--The Secretary is authorized to 
issue such regulations with respect to personal service contractors as 
the Secretary deems necessary to carry out this section.]
    [``(f) Rule of Construction.--Nothing in this section shall be 
construed to infringe upon the powers or functions of the Secretary of 
State (including the powers or functions described in section 103 of the 
Omnibus Diplomatic Security and Antiterrorism Act of 1986 (22 U.S.C. 
4802)) or of any chief of mission (including the powers or functions 
described in section 207 of the Foreign Service Act of 1980 (22 U.S.C. 
3927)).]
    [``(g) Termination of Assistance.--The Secretary shall conclude 
assistance activities for a recipient foreign government or foreign 
central bank under the program established under subsection (a) if the 
Secretary, after consultation with the appropriate officers of the 
United States, determines that such assistance has resulted in the 
enactment of laws or the establishment of institutions in that country 
that promote fiscal stability and administrative procedures, efficient 
resource allocation, transparent and market-oriented processes and 
private sector growth in a sustainable manner.]
    [``(h) Report.--
        ``(1) In general.--Not later than 3 months after the date of the 
    enactment of this section, and every 6 months thereafter, the 
    Secretary shall prepare and submit to the appropriate congressional 
    committees a report on the conduct of the program established under 
    this section during the preceding 6-month period.
        ``(2) Definition.--In this subsection, the term `appropriate 
    congressional committees' means--
                ``(A) the Committee on International Relations 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.]
    [``(i) Definitions.--In this section:
        ``(1) Developing or transitional country.--The term `developing 
    or transitional country' means a country eligible to receive 
    development assistance under this chapter.
        ``(2) International financial institution.--The term 
    `international financial institution' means the International 
    Monetary Fund, the International Bank for Reconstruction and 
    Development, the International Development Association, the 
    International Finance Corporation, the Multilateral Investment 
    Guarantee Agency, the Asian Development Bank, the African 
    Development Bank, the African Development Fund, the Inter-American 
    Development Bank, the Inter-American Investment Corporation, the 
    European Bank for Reconstruction and Development, and the Bank for 
    Economic Cooperation and Development in the Middle East and North 
    Africa.
        ``(3) Secretary.--The term `Secretary' means the Secretary of 
    the Treasury.
        ``(4) Technical assistance.--The term `technical assistance' 
    includes--
                ``(A) the use of short-term and long-term expert 
            advisers to assist foreign governments and foreign central 
            banks for the purposes described in subsection (b)(1);
                ``(B) training in the recipient country, the United 
            States, or elsewhere for the purposes described in 
            subsection (b)(1);
                ``(C) grants of goods, services, or funds to foreign 
            governments and foreign central banks;
                ``(D) grants to United States nonprofit organizations to 
            provide services or products which contribute to the 
            provision of advice to foreign governments and foreign 
            central banks; and
                ``(E) study tours for foreign officials in the United 
            States or elsewhere for the purpose of providing technical 
            information to such officials.
        ``(5) Foreign participant.--The term `foreign participant' means 
    the national of a developing or transitional country that is 
    receiving assistance under the program established under subsection 
    (a) who has been designated to participate in activities under such 
    program.]
    [``(j) Authorization of Appropriations.--
        ``(1) In general.--There are authorized to be appropriated to 
    carry out this section $5,000,000 for fiscal year 1999.
        ``(2) Availability of amounts.--Amounts authorized to be 
    appropriated under paragraph (1) are authorized to remain available 
    until expended.''.
    (b) Transportation of Remains, Dependents, and Effects of United 
States Government Employees; Death Occurring Away From Official Station 
Abroad.--Section 5742(b) of title 5, United States Code, is amended--
        (1) in paragraph (1), by striking the ``and'' at the end;
        (2) in paragraph (2), by striking the period at the end and 
    inserting ``; and''; and
        (3) by adding at the end the following new paragraph:
        ``(3) the travel expenses of not more than 2 persons to escort 
    the remains of a deceased employee, if death occurred while the 
    employee was in travel status away from his official station in the 
    United States or while performing official duties outside the United 
    States or in transit thereto or therefrom, from the place of death 
    to the home or official station of such person, or such other place 
    appropriate for interment as is determined by the head of the agency 
    concerned.''.]

                             iraq opposition

    Sec. [590] 548. Notwithstanding any other provision of law, [of the] 
funds made available in this Act and prior Acts making appropriations 
for foreign operations, export financing and related programs, [not less 
than $8,000,000 shall] may be made available [only] for assistance to: 
(1) the Iraqi democratic opposition for such activities as organization, 
training, communication and dissemination of information, and developing 
and implementing agreements among opposition groups, and (2) non-
governmental organizations for such activities as establishing and 
publicizing an international record of Iraqi war crimes, crimes against 
humanity, genocide, and other violations of international law and 
encouraging the formation of an international commission and an ad hoc 
international criminal tribunal to investigate and prosecute these 
crimes: Provided [further], That any agreement reached regarding the 
obligation of funds under [the previous proviso] this section shall 
include provisions to ensure appropriate monitoring on the use of such 
funds[: Provided further, That of this amount not less than $3,000,000 
should be made available as a grant to Iraqi National Congress, to be 
administered by its Executive Committee for the benefit of all 
constituent groups of the Iraqi National Congress: Provided further, 
That within 30 days of enactment of this Act the Secretary of State 
shall submit a detailed report to the Appropriations Committees of 
Congress on implementation of this section].

                   [national commission on terrorism]

    [Sec. 591. (a) Establishment of National Commission on Terrorism.--

[[Page 1041]]

        (1) Establishment.--There is established a national commission 
    on terrorism to review counter-terrorism policies regarding the 
    prevention and punishment of international acts of terrorism 
    directed at the United States. The commission shall be known as 
    ``The National Commission on Terrorism''.
        (2) Composition.--The commission shall be composed of 10 members 
    appointed as follows:
                (A) Three members shall be appointed by the Majority 
            Leader of the Senate.
                (B) Three members shall be appointed by the Speaker of 
            the House of Representatives.
                (C) Two members shall be appointed by the Minority 
            Leader of the Senate.
                (D) Two members shall be appointed by the Minority 
            Leader of the House of Representatives.
                (E) The appointments of the members of the commission 
            should be made no later than 3 months after the date of the 
            enactment of this Act.
        (3) Qualifications.--The members should have a knowledge and 
    expertise in matters to be studied by the commission.
        (4) Chair.--The Speaker of the House of Representatives, after 
    consultation with the majority leader of the Senate and the minority 
    leaders of the House of Representatives and the Senate, shall 
    designate one of the members of the Commission to serve as chair of 
    the Commission.
        (5) Period of appointment: vacancies.--Members shall be 
    appointed for the life of the Commission. Any vacancy in the 
    Commission shall be filled in the same manner as the original 
    appointment.
        (6) Security clearances.--All Members of the Commission should 
    hold appropriate security clearances.]
    [(b) Duties.--
        (1) In general.--The commission shall consider issues relating 
    to international terrorism directed at the United States as follows:
                (A) Review the laws, regulations, policies, directives, 
            and practices relating to counterterrorism in the prevention 
            and punishment of international terrorism directed towards 
            the United States.
                (B) Assess the extent to which laws, regulations, 
            policies, directives, and practices relating to 
            counterterrorism have been effective in preventing or 
            punishing international terrorism directed towards the 
            United States. At a minimum, the assessment should include a 
            review of the following:
                (i) Evidence that terrorist organizations have 
            established an infrastructure in the western hemisphere for 
            the support and conduct of terrorist activities.
                (ii) Executive branch efforts to coordinate 
            counterterrorism activities among Federal, State, and local 
            agencies and with other nations to determine the 
            effectiveness of such coordination efforts.
                (iii) Executive branch efforts to prevent the use of 
            nuclear, biological, and chemical weapons by terrorists.
                (C) Recommend changes to counterterrorism policy in 
            preventing and punishing international terrorism directed 
            toward the United States.
        (2) Report.--Not later than 6 months after the date on which the 
    Commission first meets, the Commission shall submit to the President 
    and the Congress a final report of the findings and conclusions of 
    the commission, together with any recommendations.]
    [(c) Administrative Matters.--
        (1) Meetings.--
                (A) The commission shall hold its first meeting on a 
            date designated by the Speaker of the House which is not 
            later than 30 days after the date on which all members have 
            been appointed.
                (B) After the first meeting, the commission shall meet 
            upon the call of the chair.
                (C) A majority of the members of the commission shall 
            constitute a quorum, but a lesser number may hold meetings.
        (2) Authority of individuals to act for commission.--Any member 
    or agent of the commission may, if authorized by the commission, 
    take any action which the commission is authorized to take under 
    this section.
        (3) Powers.--
                (A) The commission may hold such hearings, sit and act 
            at such times and places, take such testimony, and receive 
            such evidence as the commission considers advisable to carry 
            out its duties.
                (B) The commission may secure directly from any agency 
            of the Federal Government such information as the commission 
            considers necessary to carry out its duties. Upon the 
            request of the chair of the commission, the head of a 
            department or agency shall furnish the requested information 
            expeditiously to the commission.
                (C) The commission may use the United States mails in 
            the same manner and under the same conditions as other 
            departments and agencies of the Federal Government.
        (4) Pay and expenses of commission members.--
                (A) Subject to appropriations, each member of the 
            commission who is not an employee of the government shall be 
            paid at a rate not to exceed the daily equivalent of the 
            annual rate of basic pay prescribed for level IV of the 
            Executive Schedule under section 5315 of title 5, United 
            States Code, for each day (including travel time) during 
            which such member is engaged in performing the duties of the 
            commission.
                (B) Members and personnel for the commission may travel 
            on aircraft, vehicles, or other conveyances of the Armed 
            Forces of the United States when travel is necessary in the 
            performance of a duty of the commission except when the cost 
            of commercial transportation is less expensive.
                (C) The members of the commission may be allowed travel 
            expenses, including per diem in lieu of subsistence, at 
            rates authorized for employees of agencies under subchapter 
            I of chapter 57 of title 5, United States Code, while away 
            from their homes or regular places of business in the 
            performance of services for the commission.
                (D)(i) A member of the commission who is an annuitant 
            otherwise covered by section 8344 or 8468 of title 5, United 
            States Code, by reason of membership on the commission shall 
            not be subject to the provisions of such section with 
            respect to membership on the commission.
                (ii) A member of the commission who is a member or 
            former member of a uniformed service shall not be subject to 
            the provisions of subsections (b) and (c) of section 5532 of 
            such title with respect to membership on the commission.
        (5) Staff and administrative support.--
                (A) The chairman of the commission may, without regard 
            to civil service laws and regulations, appoint and terminate 
            an executive director and up to three additional staff 
            members as necessary to enable the commission to perform its 
            duties. The chairman of the commission may fix the 
            compensation of the executive director and other personnel 
            without regard to the provisions of chapter 51, and 
            subchapter III of chapter 53, of title 5, United States 
            Code, relating to classification of positions and General 
            Schedule pay rates, except that the rate of pay may not 
            exceed the maximum rate of pay for GS-15 under the General 
            Schedule.
                (B) Upon the request of the chairman of the commission, 
            the head of any department or agency of the Federal 
            Government may detail, without reimbursement, any personnel 
            of the department or agency to the commission to assist in 
            carrying out its duties. The detail of an employee shall be 
            without interruption or loss of civil service status or 
            privilege.]
    [(d) Termination of Commission.--The commission shall terminate 30 
days after the date on which the commission submits a final report.]
    [(e) Funding.--There are authorized to be appropriated such sums as 
may be necessary to carry out the provisions of this section.]

                     [special authorities amendment]

    [Sec. 592. The authority of section 614 of the Foreign Assistance 
Act of 1961, as amended, may not be used during fiscal year 1999 for the 
Korean Peninsula Energy Development Organization to authorize the use of 
more than $35,000,000 of funds made available for use under that Act or 
the Arms Export Control Act.]

            [economic and political transition in indonesia]

    [Sec. 593. (a) Political and Economic Reform.--It is the sense of 
Congress that--
        (1) expanding the availability of wheat, wheat products, and 
    rice for distribution to the most needy and vulnerable Indonesians 
    is vital to the well-being of all Indonesians;
        (2) the Administration should adopt a more active approach in 
    support of democratic institutions and processes in Indonesia and 
    provide assistance for continued economic and political development 
    in Indonesia, including--

[[Page 1042]]

                (A) support for humanitarian programs;
                (B) leading a multinational effort to expand 
            humanitarian and food aid programs to meet the needs of 
            Indonesia;
                (C) working with international financial institutions to 
            recapitalize and reform the banking system, restructure 
            corporate debt, and introduce economic and legal 
            transparency in Indonesia;
                (D) urging the Government of Indonesia to remove, to the 
            maximum extent possible, barriers to trade and investment 
            which impede economic recovery in Indonesia, including 
            tariffs, quotas, export taxes, nontariff barriers, and 
            prohibitions against foreign ownership and investment;
                (E) urging the Government of Indonesia to--
                (i) recognize and protect the participation of all 
            Indonesians, including ethnic and religious minorities, in 
            the political and economic life of Indonesia; and
                (ii) release individuals detained or imprisoned for 
            their political views;
                (F) supporting efforts to establish a timetable for 
            elections and building democracy by strengthening political 
            parties and institutions and the rule of law including the 
            repeal of laws and regulations that discriminate on the 
            basis of religion or ethnicity.]
    [(b) Report.--Not later than 6 months after the date of enactment of 
this Act, the Secretary of State shall submit to the Committees on 
Appropriations a report containing a description and assessment of the 
actions taken by the Government of the United States and the Government 
of Indonesia to further the objectives referred to in subsection (a).]
    [(c) Ethnic Violence.--It is the sense of Congress that--
        (1) the mistreatment of ethnic Chinese in Indonesia and the 
    criminal acts carried out against them during the May 1998 riots in 
    Indonesia are deplorable and condemned;
        (2) a full and fair investigation of such criminal acts should 
    be completed by the earliest possible date, and those identified as 
    responsible for perpetrating such criminal acts should be brought to 
    justice;
        (3) the investigation by the Government of Indonesia, through 
    its Military Honor Council, of those members of the armed forces of 
    Indonesia suspected of possible involvement in the May 1998 riots, 
    and of any member of the armed forces of Indonesia who may have 
    participated in criminal acts against the people of Indonesia during 
    the riots, is commended and should be supported;
        (4) the Government of Indonesia should take action to assure--
                (A) the implementation of appropriate measures to 
            prevent ethnic-related violence and rapes in Indonesia and 
            to protect the human rights and physical safety of the 
            ethnic Chinese community in Indonesia; and
                (B) the provision of just compensation for victims of 
            the rape and violence that occurred during the May 1998 
            riots in Indonesia, including medical care;
        (5) the Administration and the United Nations should continue to 
    support and assist the Government of Indonesia and nongovernmental 
    organizations, in the investigations into the May 1998 riots in 
    Indonesia in order to expedite such investigations.]
    [(d) Report.--(1) Not later than 6 months after the date of 
enactment of this Act, the Secretary of State shall submit to Congress a 
report containing the following:
        (A) An assessment of--
                (i) whether or not there was a systematic and organized 
            campaign of violence, including the use of rape, against the 
            ethnic Chinese community in Indonesia during the May 1998 
            riots in Indonesia; and
                (ii) the level and degree of participation, if any, of 
            members of the Government or armed forces of Indonesia in 
            the riots.
        (B) An assessment of the actions taken by the Government of 
    Indonesia to investigate the May 1998 riots in Indonesia, bring the 
    perpetrators of the riots to justice, and ensure that similar riots 
    do not recur.]

                        [Reporting Requirements]

    [Sec. 594. (a) Notification.--No less than 15 days prior to the 
export to any country identified pursuant to subparagraph (C) of any 
lethal defense article or service in the amount of $14,000,000 or less, 
the President shall provide a detailed notification to the Committees on 
Appropriations and Foreign Relations of the Senate and the Committees on 
Appropriations and International Relations of the House of 
Representatives.]
    [(b) Content of Notification.--A detailed notification transmitted 
pursuant to subparagraph (a) shall include the same type and quantity of 
information required of a notification submitted pursuant to section 
36(b) of the Arms Export Control Act (22 U.S.C. 2776(b)).]
    [(c) Countries Defined.--This section shall apply to any country 
that is--
        (1) identified in section 521 of the annual appropriations Act 
    for Foreign Operations, Export Financing, and Related Programs, or a 
    comparable provision in a subsequent appropriations Act; or
        (2) currently ineligible, in whole or in part, under an annual 
    appropriations Act to receive funds for International Military 
    Education and Training or under the Foreign Military Financing 
    Program, excluding high-income countries as defined pursuant to 
    section 546(b) of the Foreign Assistance Act of 1961.]
    [(d) Exclusions.--Information reportable under title V of the 
National Security Act of 1947 is excluded from the requirements of this 
section.]

[sense of congress concerning the murder of four american churchwomen in 
                              el salvador]

    [Sec. 595. (a) Findings.--Congress makes the following findings--
        (1) the December 2, 1980 brutal assault and murder of four 
    American churchwomen by members of the Salvadoran National Guard was 
    covered up and never fully investigated;
        (2) on July 22 and July 23, 1998, Salvadoran authorities granted 
    three of the National Guardsmen convicted of the crimes early 
    release from prison;
        (3) the United Nations Truth Commission for El Salvador 
    determined in 1993 that there was sufficient evidence that the 
    Guardsmen were acting on orders from their superiors;
        (4) in March 1998, four of the convicted Guardsmen confessed 
    that they acted after receiving orders from their superiors;
        (5) recently declassified documents from the State Department 
    show that United States Government officials were aware of 
    information suggesting the involvement of superior officers in the 
    murders;
        (6) United States officials granted permanent residence to a 
    former Salvadoran military official involved in the cover-up of the 
    murders, enabling him to remain in Florida; and
        (7) despite the fact that the murders occurred over 17 years 
    ago, the families of the four victims continue to seek the 
    disclosure of information relevant to the murders.]
    [(b) Sense of Congress.--It is the sense of Congress that--
        (1) information relevant to the murders should be made public to 
    the fullest extent possible;
        (2) the Secretary of State and the Department of State are to be 
    commended for fully releasing information regarding the murders to 
    the victims' families and to the American public, in prompt response 
    to congressional requests;
        (3) the President should order all other Federal agencies and 
    departments that possess relevant information to make every effort 
    to declassify and release to the victims' families relevant 
    information as expeditiously as possible;
        (4) in making determinations concerning the declassification and 
    release of relevant information, the Federal agencies and 
    departments should presume in favor of releasing, rather than of 
    withholding, such information; and
        (5) the President should direct the Attorney General to review 
    the circumstances under which individuals involved in either the 
    murders or the cover-up of the murders obtained residence in the 
    United States, and the Attorney General should submit a report to 
    the Congress on the results of such review not later than January 1, 
    1999.]

    [sense of congress regarding the trial in the netherlands of the 
         suspects indicted in the bombing of pan am flight 103]

    [Sec. 596. (a) Findings.--Congress makes the following findings:

[[Page 1043]]

        (1) On December 21, 1988, 270 people, including 189 United 
    States citizens, were killed in a terrorist bombing on Pan Am Flight 
    103 over Lockerbie, Scotland.
        (2) Britain and the United States indicted 2 Libyan intelligence 
    agents--Abdel Basset Al-Megrahi and Lamen Khalifa Fhimah--in 1991 
    and sought their extradition from Libya to the United States or the 
    United Kingdom to stand trial for this heinous terrorist act.
        (3) The United Nations Security Council called for the 
    extradition of the suspects in Security Council Resolution 731 and 
    imposed sanctions on Libya in Security Council Resolutions 748 and 
    883 because Libyan leader, Colonel Muammar Qadhafi, refused to 
    transfer the suspects to either the United States or the United 
    Kingdom to stand trial.
        (4) The sanctions in Security Council Resolutions 748 and 883 
    include a worldwide ban on Libya's national airline, a ban on 
    flights into and out of Libya by other nations' airlines, a 
    prohibition on supplying arms, airplane parts, and certain oil 
    equipment to Libya, and a freeze on Libyan government funds in other 
    countries.
        (5) Colonel Qadhafi has continually refused to extradite the 
    suspects to either the United States or the United Kingdom and has 
    insisted that he will only transfer the suspects to a third and 
    neutral country to stand trial.
        (6) On August 24, 1998, the United States and the United Kingdom 
    proposed that Colonel Qadhafi transfer the suspects to the 
    Netherlands, where they would stand trial before a Scottish court, 
    under Scottish law, and with a panel of Scottish judges.
        (7) The United States-United Kingdom proposal is consistent with 
    those previously endorsed by the Organization of African Unity, the 
    League of Arab States, the Non-Aligned Movement, and the Islamic 
    Conference.
        (8) The United Nations Security Council endorsed the United 
    States-United Kingdom proposal on August 27, 1998, in United Nations 
    Security Council Resolution 1192.
        (9) The United States Government has stated that this proposal 
    is nonnegotiable and has called on Colonel Qadhafi to respond 
    promptly, positively, and unequivocally to this proposal by ensuring 
    the timely appearance of the two accused individuals in the 
    Netherlands for trial before the Scottish court.
        (10) The United States Government has called on Libya to ensure 
    the production of evidence, including the presence of witnesses 
    before the court, and to comply fully with all the requirements of 
    the United Nations Security Council resolutions.
        (11) Secretary of State Albright has said that the United States 
    will urge a multilateral oil embargo against Libya in the United 
    Nations Security Council if Colonel Muammar Qadhafi does not 
    transfer the suspects to The Netherlands to stand trial.
        (12) The United Nations Security Council will convene on October 
    30, 1998, to review sanctions imposed on Libya.]
    [(b) Sense of Congress.--It is the sense of Congress that--
        (1) Colonel Qadhafi should promptly transfer the indicted 
    suspects Abdel Basset Al-Megrahi and Lamen Khalifa Fhimah to The 
    Netherlands to stand trial before the Scottish court;
        (2) the United States Government should remain firm in its 
    commitment not to negotiate with Colonel Qadhafi on any of the 
    details of the proposal approved by the United Nations in United 
    Nations Security Council Resolution 1192; and
        (3) if Colonel Qadhafi does not transfer the indicted suspects 
    Abdel Basset Al-Megrahi and Lamen Khalifa Fhimah to The Netherlands 
    by October 29, 1998, the United States Permanent Representative to 
    the United Nations should--
                (A) introduce a resolution in the United Nations 
            Security Council to impose a multilateral oil embargo 
            against Libya;
                (B) actively promote adoption of the resolution by the 
            United Nations Security Council; and
                (C) assure that a vote will occur in the United Nations 
            Security Council on such a resolution.]

[sense of the congress regarding international cooperation in recovering 
  children abducted in the united states and taken to other countries]

    [Sec. 597. (a) Findings.--Congress finds that--
        (1) many children in the United States have been abducted by 
    family members who are foreign nationals and living in foreign 
    countries;
        (2) children who have been abducted by an estranged father are 
    very rarely returned, through legal remedies, from countries that 
    only recognize the custody rights of the father;
        (3) there are at least 140 cases that need to be resolved in 
    which children have been abducted by family members and taken to 
    foreign countries;
        (4) although the Convention on the Civil Aspects of 
    International Child Abduction, done at The Hague on October 25, 
    1980, has made progress in aiding the return of abducted children, 
    the Convention does not address the criminal aspects of child 
    abduction, and there is a need to reach agreements regarding child 
    abduction with countries that are not parties to the Convention; and
        (5) decisions on awarding custody of children should be made in 
    the children's best interest, and persons who violate laws of the 
    United States by abducting their children should not be rewarded by 
    being granted custody of those children.]
    [(b) Sense of the Congress.--It is the sense of the Congress that 
the United States Government should promote international cooperation in 
working to resolve those cases in which children in the United States 
are abducted by family members who are foreign nationals and taken to 
foreign countries, and in seeing that justice is served by holding 
accountable the abductors for violations of criminal law.]

                           customs assistance

    Sec. 549. Section 660(b) of the Foreign Assistance Act of 1961 is 
amended by--
        (1) striking the period at the end of paragraph (6) and in lieu 
    thereof inserting a semicolon; and
        (2) adding the following new paragraph:
            ``(7) with respect to assistance provided to customs 
        authorities and personnel, including training, technical 
        assistance and equipment, for customs law enforcement and the 
        improvement of customs laws, systems and procedures.''.

  Voluntary Separation Incentives for Employees of the U.S. Agency for 
                        International Development

    Sec. 550. (a) Definitions.--For the purposes of this section--
        (1) the term ``agency'' means the United States Agency for 
    International Development;
        (2) the term ``Administrator'' means the Administrator, United 
    States Agency for International Development; and
        (3) the term ``employee'' means an employee (as defined by 
    section 2105 of title 5, United States Code) who is employed by the 
    agency, is serving under an appointment without time limitation, and 
    has been currently employed for a continuous period of at least 3 
    years, but does not include--
            (A) a reemployed annuitant under subchapter III of chapter 
        83 or chapter 84 of title 5, United States Code, or another 
        retirement system for employees of the agency;
            (B) an employee having a disability on the basis of which 
        such employee is or would be eligible for disability retirement 
        under the applicable retirement system referred to in 
        subparagraph (A);
            (C) an employee who is to be separated involuntarily for 
        misconduct or unacceptable performance, and to whom specific 
        notice has been given with respect to that separation;
            (D) an employee who has previously received any voluntary 
        separation incentive payment by the Government of the United 
        States under this section or any other authority and has not 
        repaid such payment;
            (E) an employee covered by statutory reemployment rights who 
        is on transfer to another organization; or
            (F) any employee who, during the 24-month period preceding 
        the date of separation, received a recruitment or relocation 
        bonus under section 5753 of title 5, United States Code, or who, 
        within the 12-month period preceding the date of separation, 
        received a retention allowance under section 5754 of such title 
        5.
    (b) Agency Strategic Plan.--
        (1) In general.--The Administrator, before obligating any 
    resources for voluntary separation incentive payments under this 
    section, shall submit to the Office of Management and Budget a 
    strategic plan outlining the intended use of such incentive payments 
    and a proposed organizational chart for the agency once such 
    incentive payments have been completed.
        (2) Contents.--The agency's plan shall include--
            (A) the positions and functions to be reduced or eliminated, 
        identified by organizational unit, geographic location, 
        occupational category and grade level;
            (B) the number and amounts of voluntary separation incentive 
        payments to be offered;
            (C) a description of how the agency will operate without the 
        eliminated positions and functions; and

[[Page 1044]]

            (D) the time period during which incentives may be paid.
        (3) Approval.--The Director of the Office of Management and 
    Budget shall review the agency's plan and approve or disapprove the 
    plan and may make appropriate modifications in the plan with respect 
    to the coverage of incentives as described under paragraph (2)(A), 
    and with respect to the matters described in paragraphs (2) (B) 
    through (D).
    (c) Authority To Provide Voluntary Separation Incentive Payments.--
        (1) In general.--A voluntary separation incentive payment under 
    this section may be paid by the agency to employees of such agency 
    and only to the extent necessary to eliminate the positions and 
    functions identified by the strategic plan.
        (2) Amount and treatment of payments.--A voluntary separation 
    incentive payment under this section--
            (A) shall be paid in a lump sum after the employee's 
        separation;
            (B) shall be paid from appropriations or funds available for 
        the payment of the basic pay of the employees;
            (C) shall be equal to the lesser of--
                (i) an amount equal to the amount the employee would be 
            entitled to receive under section 5595(c) of title 5, United 
            States Code, if the employee were entitled to payment under 
            such section; or
                (ii) an amount determined by the agency head not to 
            exceed $25,000;
            (D) may not be made except in the case of any employee who 
        voluntarily separates (whether by retirement or resignation) on 
        or before December 31, 2000;
            (E) shall not be a basis for payment, and shall not be 
        included in the computation, of any other type of Government 
        benefit; and
            (F) shall not be taken into account in determining the 
        amount of any severance pay to which the employee may be 
        entitled under section 5595 of title 5, United States Code, 
        based on any other separation.
    (d) Additional Agency Contributions to the Retirement Fund.--
        (1) In general.--In addition to any other payments which it is 
    required to make under subchapter III of chapter 83 or chapter 84 of 
    title 5, United States Code, the agency shall remit to the Office of 
    Personnel Management for deposit in the Treasury of the United 
    States to the credit of the Civil Service Retirement and Disability 
    Fund an amount equal to 15 percent of the final basic pay of each 
    employee of the agency who is covered under subchapter III of 
    chapter 83 or chapter 84 of title 5, United States Code, to whom a 
    voluntary separation incentive has been paid under this section.
        (2) Definition.--For the purpose of paragraph (1), the term 
    ``final basic pay'', with respect to an employee, means the total 
    amount of basic pay which would be payable for a year of service by 
    such employee, computed using the employee's final rate of basic 
    pay, and, if last serving on other than a full-time basis, with 
    appropriate adjustment therefor.
    (e) Effect of Subsequent Employment With the Government.--
        (1) An individual who has received a voluntary separation 
    incentive payment under this section and accepts any employment for 
    compensation with the Government of the United States, or who works 
    for any agency of the Government of the United States through a 
    personal services contract, within 5 years after the date of the 
    separation on which the payment is based shall be required to pay, 
    prior to the individual's first day of employment, the entire amount 
    of the incentive payment to the agency that paid the incentive 
    payment.
        (2) If the employment under paragraph (1) is with an Executive 
    agency (as defined by section 105 of title 5, United States Code), 
    the United States Postal Service, or the Postal Rate Commission, the 
    Director of the Office of Personnel Management may, at the request 
    of the head of the agency, waive the repayment if the individual 
    involved possesses unique abilities and is the only qualified 
    applicant available for the position.
        (3) If the employment under paragraph (1) is with an entity in 
    the legislative branch, the head of the entity or the appointing 
    official may waive the repayment if the individual involved 
    possesses unique abilities and is the only qualified applicant 
    available for the position.
        (4) If the employment under paragraph (1) is with the judicial 
    branch, the Director of the Administrative Office of the United 
    States Courts may waive the repayment if the individual involved 
    possesses unique abilities and is the only qualified applicant for 
    the position.
    (f) Reduction of Agency Employment Levels.--
        (1) In general.--The total number of funded employee positions 
    in the agency shall be reduced by one position for each vacancy 
    created by the separation of any employee who has received, or is 
    due to receive, a voluntary separation incentive payment under this 
    section. For the purposes of this subsection, positions shall be 
    counted on a full-time-equivalent basis.
        (2) Enforcement.--The President, through the Office of 
    Management and Budget, shall monitor the agency and take any action 
    necessary to ensure that the requirements of this subsection are 
    met.
    (g) Regulations.--The Office of Personnel Management may prescribe 
such regulations as may be necessary to implement this section. (Foreign 
Operations, Export Financing, and Related Programs Appropriation Act, 
1999, as included in Public Law 105-277, section 101(d).)

                                


 
                     [TITLE VI--GENERAL PROVISIONS]

  [conditions for the use of appropriated funds for the international 
                             monetary fund]

    [Sec. 601. None of the funds appropriated in this title may be 
obligated or made available to the International Monetary Fund until 15 
days after the Secretary of the Treasury and the Chairman of the Board 
of Governors of the Federal Reserve System jointly provide written 
notification to the appropriate committees that the major shareholders 
of the Fund have publicly agreed to, and will act to implement in the 
Fund the following policies:
        (1) Policies providing that conditions in standby or other 
    arrangements regarding the use of Fund resources include, in 
    addition to appropriate monetary policy conditions, requirements 
    that the recipient country, in accordance with a schedule for 
    action--
                (A) liberalize restrictions on trade in goods and 
            services, consistent with the terms of all international 
            trade agreements of which the borrowing country is a 
            signatory;
                (B) eliminate the systemic practice or policy of 
            government directed lending on non-commercial terms or 
            provision of market distorting subsidies to favored 
            industries, enterprises, parties, or institutions; and
                (C) provide a legal basis for nondiscriminatory 
            treatment in insolvency proceedings between domestic and 
            foreign creditors, and for debtors and other concerned 
            persons.
        (2) Policies providing that within 3 months after any meeting of 
    the Executive Board of the Fund at which a Letter of Intent, a 
    Policy Framework Paper, an Article IV economic review consultation 
    with a member country, or a change in a general policy of the Fund 
    is discussed, a full written summary of the meeting should be made 
    available for public inspection, with the following information 
    redacted:
                (A) Information which, if released, would adversely 
            affect the national security of a country, and which is of 
            the type that would be classified by the United States 
            Government.
                (B) Market-sensitive information.
                (C) Proprietary information.
        (3) Policies providing that within 3 months after any meeting of 
    the Executive Board of the Fund at which a Letter of Intent, a 
    Memorandum of Understanding, or a Policy Framework Paper is 
    discussed, a copy of the Letter of Intent, Memorandum of 
    Understanding, or Policy Framework Paper should be made available 
    for public inspection with the following information redacted:
                (A) Information which, if released, would adversely 
            affect the national security of a country, and which is of 
            the type that would be classified by the United States 
            Government.
                (B) Market-sensitive information.
                (C) Proprietary information.
        (4) Policies providing that, in circumstances where a country is 
    experiencing balance of payments difficulties due to a large short-

[[Page 1045]]

    term financing need resulting from a sudden and disruptive loss of 
    market confidence and in order to provide an incentive for early 
    repayment and encourage private market financing, loans made from 
    the Fund's general resources after the date of the enactment of this 
    section are--
                (A) made available at an interest rate that reflects an 
            adjustment for risk that is not less than 300 basis points 
            in excess of the average of the market-based short-term cost 
            of financing of its largest members; and
                (B) repaid within 1 to 2\1/2\ years from each 
            disbursement.]

 [reports on financial stabilization programs in the republic of korea]

    [Sec. 602. (a) The Secretary of the Treasury shall instruct the 
United States Executive Director at the International Monetary Fund to 
exert the influence of the United States to oppose further disbursement 
of funds to the Republic of Korea under the Republic of Korea's standby 
arrangement of December 4, 1997 (in this section referred to as the 
``Arrangement''), unless there is in effect a certification by the 
Secretary of the Treasury to the appropriate committees that--
        (1) no Fund resources made available pursuant to the Arrangement 
    have been used to provide financial assistance to the semiconductor, 
    steel, automobile, shipbuilding, or textile and apparel industries;
        (2) the Fund has neither guaranteed nor underwritten the private 
    loans of semiconductor, steel, automobile, shipbuilding, or textile 
    and apparel manufacturers under the Arrangement; and
        (3) officials from the Fund and the Department of the Treasury 
    have monitored the implementation of the provisions contained in the 
    Arrangement, and all of the conditions have either been met or the 
    Republic of Korea has committed itself to fulfill all of these 
    conditions according to an explicit timetable for completion; which 
    timetable has been provided to the Fund and the Department of the 
    Treasury and approved by the Fund.]
    [(b) Before each disbursement of Fund resources to the Republic of 
Korea under the Arrangement, the Secretary of the Treasury shall report 
to the appropriate committees on whether a certification by the 
Secretary pursuant to subsection (a) is in effect.]

                          [advisory commission]

    [Sec. 603. (a) In General.--The Secretary of the Treasury shall 
establish an International Financial Institution Advisory Commission (in 
this section referred to as the ``Commission'').]
    [(b) Membership.--
        (1) In general.--The Commission shall be composed of 11 members, 
    as follows:
                (A) 3 members appointed by the Speaker of the House of 
            Representatives.
                (B) 3 members appointed by the Majority Leader of the 
            Senate.
                (C) 5 members appointed jointly by the Minority Leader 
            of the House of Representatives and the Minority Leader of 
            the Senate.
        (2) Timing of appointments.--All appointments to the Commission 
    shall be made not later than 45 days after the date of enactment of 
    this Act.
        (3) Chairman.--The Majority Leader of the Senate, after 
    consultation with the Speaker of the House of Representatives and 
    the Minority Leaders of the House of Representatives and the Senate, 
    shall designate 1 of the members of the Commission to serve as 
    Chairman of the Commission.]
    [(c) Qualifications.--
        (1) Expertise.--Members of the Commission shall be appointed 
    from among those with knowledge and expertise in the workings of the 
    international financial institutions (as defined in section 
    1701(c)(2) of the International Financial Institutions Act), the 
    World Trade Organization, and the Bank for International 
    Settlements.
        (2) Former affiliation.--At least 4 members of the Commission 
    shall be individuals who were officers or employees of the Executive 
    Branch before January 20, 1992, and not more than half of such 4 
    members shall have served under Presidents from the same political 
    party.]
    [(d) Period of Appointment; Vacancies.--Members shall be appointed 
for the life of the Commission. Any vacancy in the Commission shall be 
filled in the same manner as the original appointment was made.]
    [(e) Duties of the Commission.--The Commission shall advise and 
report to the Congress on the future role and responsibilities of the 
international financial institutions (as defined in section 1701(c)(2) 
of the International Financial Institutions Act), the World Trade 
Organization, and the Bank for International Settlements. In carrying 
out such duties, the Commission shall meet with and advise the Secretary 
of the Treasury or the Deputy Secretary of the Treasury, and shall 
examine--
        (1) the effect of globalization, increased trade, capital flows, 
    and other relevant factors on such institutions;
        (2) the adequacy, efficacy, and desirability of current policies 
    and programs at such institutions as well as their suitability for 
    respective beneficiaries of such institutions;
        (3) cooperation or duplication of functions and responsibilities 
    of such institutions; and
        (4) other matters the Commission deems necessary to make 
    recommendations pursuant to subsection (g).]
    [(f) Powers and Procedures of the Commission.--
        (1) Hearings.--The Commission or, at its direction, any panel or 
    member of the Commission may, for the purpose of carrying out the 
    provisions of this section, hold hearings, sit and act at times and 
    places, take testimony, receive evidence, and administer oaths to 
    the extent that the Commission or any panel or member considers 
    advisable.
        (2) Information.--The Commission may secure directly information 
    that the Commission considers necessary to enable the Commission to 
    carry out its responsibilities under this section.
        (3) Meetings.--The Commission shall meet at the call of the 
    Chairman.]
    [(g) Report.--On the termination of the Commission, the Commission 
shall submit to the Secretary of the Treasury and the appropriate 
committees a report that contains recommendations regarding the 
following matters:
        (1) Changes to policy goals set forth in the Bretton Woods 
    Agreements Act and the International Financial Institutions Act.
        (2) Changes to the charters, organizational structures, policies 
    and programs of the international financial institutions (as defined 
    in section 1701(c)(2) of the International Financial Institutions 
    Act).
        (3) Additional monitoring tools, global standards, or 
    regulations for, among other things, global capital flows, 
    bankruptcy standards, accounting standards, payment systems, and 
    safety and soundness principles for financial institutions.
        (4) Possible mergers or abolition of the international financial 
    institutions (as defined in section 1701(c)(2) of the International 
    Financial Institutions Act), including changes to the manner in 
    which such institutions coordinate their policy and program 
    implementation and their roles and responsibilities.
        (5) Any additional changes necessary to stabilize currencies, 
    promote continued trade liberalization and to avoid future financial 
    crises.
    (h) Termination.--The Commission shall terminate 6 months after the 
first meeting of the Commission, which shall be not later than 30 days 
after the appointment of all members of the Commission.
    (i) Reports by the Executive Branch.--
        (1) Within three months after receiving the report of the 
    Commission under subsection (g), the President of the United States 
    through the Secretary of the Treasury shall report to the 
    appropriate committees on the desirability and feasibility of 
    implementing the recommendations contained in the report.
        (2) Annually, for three years after the termination of the 
    Commission, the President of the United States through the Secretary 
    of the Treasury shall submit to the appropriate committees a report 
    on the steps taken, if any, through relevant international 
    institutions and international fora to implement such 
    recommendations as are deemed feasible and desirable under paragraph 
    (1).]

                   [international advisory committee]

    [Sec. 604. The Secretary of the Treasury shall instruct the United 
States Executive Director at the International Monetary Fund to exert 
the influence of the United States to seek the establishment of a 
permanent advisory committee to the Interim Committee of the Board of 
Governors of the Fund, that is to consist of elected members of the 
national legislatures of the member countries directly represented by 
appointed members of the Executive Board of the Fund, and to seek to 
ensure that the permanent advisory committee has the same access to Fund 
documents as is afforded to the Executive Board of the Fund.]

       [strengthening procedures for monitoring use of imf funds]

    [Sec. 605. (a) The Secretary of the Treasury shall instruct the 
United States Executive Director at the International Monetary Fund

[[Page 1046]]

to exert the influence of the United States to strengthen Fund 
procedures for ascertaining that funds disbursed by the Fund are used by 
the central bank (or other fiscal agent) of a borrowing country in a 
manner that complies with the conditions of the Fund program for the 
country.]
    [(b) On request of the appropriate committees, the United States 
Executive Director shall obtain from the Fund and make available to such 
committees, on a confidential basis if necessary, data concerning such 
compliance.]
    [(c) Within 6 months after the date of the enactment of this Act, 
the Secretary of the Treasury shall report to the appropriate committees 
on the progress made toward achieving the requirements of this section.]
    [(d) On a quarterly basis, the Secretary of the Treasury shall 
report to the appropriate committees on the standby or other 
arrangements of the Fund made during the preceding quarter, identifying 
separately the arrangements to which the policies described in section 
601(4) of this title apply and the arrangements to which such policies 
do not apply.]

[progress reports to congress on united states initiatives to update the 
           architecture of the international monetary system]

    [Sec. 606. Not later than July 15, 1999, and July 15, 2000, the 
Secretary of the Treasury shall report to the Chairmen and Ranking 
Members of the appropriate committees on the progress of efforts to 
reform the architecture of the international monetary system. The 
reports shall include a discussion of the substance of the United States 
position in consultations with other governments and the degree of 
progress in achieving international acceptance and implementation of 
such position with respect to the following issues:
        (1) Adapting the mission and capabilities of the International 
    Monetary Fund to take better account of the increased importance of 
    cross-border capital flows in the world economy and improving the 
    coordination of its responsibilities and activities with those of 
    the International Bank for Reconstruction and Development.
        (2) Advancing measures to prevent, and improve the management 
    of, international financial crises, including by--
                (A) integrating aspects of national bankruptcy 
            principles into the management of international financial 
            crises where feasible; and
                (B) changing investor expectations about official 
            rescues, thereby reducing moral hazard and systemic risk in 
            international financial markets,
        in order to help minimize the adjustment costs that the 
    resolution of financial crises may impose on the real economy, in 
    the form of disrupted patterns of trade, employment, and progress in 
    living standards, and reduce the frequency and magnitude of claims 
    on United States taxpayer resources.
        (3) Improving international economic policy cooperation, 
    including among the Group of Seven countries, to take better account 
    of the importance of cross-border capital flows in the determination 
    of exchange rate relationships.
        (4) Improving international cooperation in the supervision and 
    regulation of financial institutions and markets.
        (5) Strengthening the financial sector in emerging economies, 
    including by improving the coordination of financial sector 
    liberalization with the establishment of strong public and private 
    institutions in the areas of prudential supervision, accounting and 
    disclosure conventions, bankruptcy laws and administrative 
    procedures, and the collection and dissemination of economic and 
    financial statistics, including the maturity structure of foreign 
    indebtedness.
        (6) Advocating that implementation of European Economic and 
    Monetary Union and the advent of the European Currency Unit, or 
    euro, proceed in a manner that is consistent with strong global 
    economic growth and stability in world financial markets.]

                              [definition]

    [Sec. 607. For purposes of sections 601 through 606 of this title, 
the term ``appropriate committees'' means the Committees on 
Appropriations, Foreign Relations, and Banking, Housing, and Urban 
Affairs of the Senate and the Committees on Appropriations and Banking 
and Financial Services of the House of Representatives.]

                    [participation in quota increase]

    [Sec. 608. The Bretton Woods Agreements Act (22 U.S.C. 286-286mm) is 
amended by adding at the end the following:]

[``SEC. 61. QUOTA INCREASE.

    ``(a) In General.--The United States Governor of the Fund may 
consent to an increase in the quota of the United States in the Fund 
equivalent to 10,622,500,000 Special Drawing Rights.]
    [``(b) Subject to Appropriations.--The authority provided by 
subsection (a) shall be effective only to such extent or in such amounts 
as are provided in advance in appropriations Acts.''.]

                      [new arrangements to borrow]

    [Sec. 609. Section 17 of the Bretton Woods Agreements Act (22 U.S.C. 
286e-2 et seq.) is amended--
        (1) in subsection (a)--
                (A) by striking ``and February 24, 1983'' and inserting 
            ``February 24, 1983, and January 27, 1997''; and
                (B) by striking ``4,250,000,000'' and inserting 
            ``6,712,000,000'';
        (2) in subsection (b), by striking ``4,250,000,000'' and 
    inserting ``6,712,000,000''; and
        (3) in subsection (d)--
                (A) by inserting ``or the Decision of January 27, 
            1997,'' after ``February 24, 1983,''; and
                (B) by inserting ``or the New Arrangements to Borrow, as 
            applicable'' before the period at the end.]

   [advocacy of policies to enhance the general effectiveness of the 
                      international monetary fund]

    [Sec. 610. (a) In General.--Title XV of the International Financial 
Institutions Act (22 U.S.C. 262o-262o-1) is amended by adding at the end 
the following:]

``SEC. 1503. ADVOCACY OF POLICIES TO ENHANCE THE GENERAL EFFECTIVENESS 
    OF THE INTERNATIONAL MONETARY FUND.

    ``(a) In General.--The Secretary of the Treasury shall instruct the 
United States Executive Director of the International Monetary Fund to 
use aggressively the voice and vote of the Executive Director to do the 
following:
        ``(1) Vigorously promote policies to increase the effectiveness 
    of the International Monetary Fund in structuring programs and 
    assistance so as to promote policies and actions that will 
    contribute to exchange rate stability and avoid competitive 
    devaluations that will further destabilize the international 
    financial and trading systems.
        ``(2) Vigorously promote policies to increase the effectiveness 
    of the International Monetary Fund in promoting market-oriented 
    reform, trade liberalization, economic growth, democratic 
    governance, and social stability through--
                ``(A) establishing an independent monetary authority, 
            with full power to conduct monetary policy, that provides 
            for a non-inflationary domestic currency that is fully 
            convertible in foreign exchange markets;
                ``(B) opening domestic markets to fair and open internal 
            competition among domestic enterprises by eliminating 
            inappropriate favoritism for small or large businesses, 
            eliminating elite monopolies, creating and effectively 
            implementing anti-trust and anti-monopoly laws to protect 
            free competition, and establishing fair and accessible legal 
            procedures for dispute settlement among domestic 
            enterprises;
                ``(C) privatizing industry in a fair and equitable 
            manner that provides economic opportunities to a broad 
            spectrum of the population, eliminating government and elite 
            monopolies, closing loss-making enterprises, and reducing 
            government control over the factors of production;
                ``(D) economic deregulation by eliminating inefficient 
            and overly burdensome regulations and strengthening the 
            legal framework supporting private contract and intellectual 
            property rights;
                ``(E) establishing or strengthening key elements of a 
            social safety net to cushion the effects on workers of 
            unemployment and dislocation; and
                ``(F) encouraging the opening of markets for 
            agricultural commodities and products by requiring recipient 
            countries to make efforts to reduce trade barriers.
        ``(3) Vigorously promote policies to increase the effectiveness 
    of the International Monetary Fund, in concert with appropriate 
    inter

[[Page 1047]]

    national authorities and other international financial institutions 
    (as defined in section 1701(c)(2)), in strengthening financial 
    systems in developing countries, and encouraging the adoption of 
    sound banking principles and practices, including the development of 
    laws and regulations that will help to ensure that domestic 
    financial institutions meet strong standards regarding capital 
    reserves, regulatory oversight, and transparency.
        ``(4) Vigorously promote policies to increase the effectiveness 
    of the International Monetary Fund, in concert with appropriate 
    international authorities and other international financial 
    institutions (as defined in section 1701(c)(2)), in facilitating the 
    development and implementation of internationally acceptable 
    domestic bankruptcy laws and regulations in developing countries, 
    including the provision of technical assistance as appropriate.
        ``(5) Vigorously promote policies that aim at appropriate 
    burden-sharing by the private sector so that investors and creditors 
    bear more fully the consequences of their decisions, and accordingly 
    advocate policies which include--
                ``(A) strengthening crisis prevention and early warning 
            signals through improved and more effective surveillance of 
            the national economic policies and financial market 
            development of countries (including monitoring of the 
            structure and volume of capital flows to identify 
            problematic imbalances in the inflow of short and medium 
            term investment capital, potentially destabilizing inflows 
            of offshore lending and foreign investment, or problems with 
            the maturity profiles of capital to provide warnings of 
            imminent economic instability), and fuller disclosure of 
            such information to market participants;
                ``(B) accelerating work on strengthening financial 
            systems in emerging market economies so as to reduce the 
            risk of financial crises;
                ``(C) consideration of provisions in debt contracts that 
            would foster dialogue and consultation between a sovereign 
            debtor and its private creditors, and among those creditors;
                ``(D) consideration of extending the scope of the 
            International Monetary Fund's policy on lending to members 
            in arrears and of other policies so as to foster the 
            dialogue and consultation referred to in subparagraph (C);
                ``(E) intensified consideration of mechanisms to 
            facilitate orderly workout mechanisms for countries 
            experiencing debt or liquidity crises;
                ``(F) consideration of establishing ad hoc or formal 
            linkages between the provision of official financing to 
            countries experiencing a financial crisis and the 
            willingness of market participants to meaningfully 
            participate in any stabilization effort led by the 
            International Monetary Fund;
                ``(G) using the International Monetary Fund to 
            facilitate discussions between debtors and private creditors 
            to help ensure that financial difficulties are resolved 
            without inappropriate resort to public resources; and
                ``(H) the International Monetary Fund accompanying the 
            provision of funding to countries experiencing a financial 
            crisis resulting from imprudent borrowing with efforts to 
            achieve a significant contribution by the private creditors, 
            investors, and banks which had extended such credits.
        ``(6) Vigorously promote policies that would make the 
    International Monetary Fund a more effective mechanism, in concert 
    with appropriate international authorities and other international 
    financial institutions (as defined in section 1701(c)(2)), for 
    promoting good governance principles within recipient countries by 
    fostering structural reforms, including procurement reform, that 
    reduce opportunities for corruption and bribery, and drug-related 
    money laundering.
        ``(7) Vigorously promote the design of International Monetary 
    Fund programs and assistance so that governments that draw on the 
    International Monetary Fund channel public funds away from 
    unproductive purposes, including large `show case' projects and 
    excessive military spending, and toward investment in human and 
    physical capital as well as social programs to protect the neediest 
    and promote social equity.
        ``(8) Work with the International Monetary Fund to foster 
    economic prescriptions that are appropriate to the individual 
    economic circumstances of each recipient country, recognizing that 
    inappropriate stabilization programs may only serve to further 
    destabilize the economy and create unnecessary economic, social, and 
    political dislocation.
        ``(9) Structure International Monetary Fund programs and 
    assistance so that the maintenance and improvement of core labor 
    standards are routinely incorporated as an integral goal in the 
    policy dialogue with recipient countries, so that--
                ``(A) recipient governments commit to affording workers 
            the right to exercise internationally recognized core worker 
            rights, including the right of free association and 
            collective bargaining through unions of their own choosing;
                ``(B) measures designed to facilitate labor market 
            flexibility are consistent with such core worker rights; and
                ``(C) the staff of the International Monetary Fund 
            surveys the labor market policies and practices of recipient 
            countries and recommends policy initiatives that will help 
            to ensure the maintenance or improvement of core labor 
            standards.
        ``(10) Vigorously promote International Monetary Fund programs 
    and assistance that are structured to the maximum extent feasible to 
    discourage practices which may promote ethnic or social strife in a 
    recipient country.
        ``(11) Vigorously promote recognition by the International 
    Monetary Fund that macroeconomic developments and policies can 
    affect and be affected by environmental conditions and policies, and 
    urge the International Monetary Fund to encourage member countries 
    to pursue macroeconomic stability while promoting environmental 
    protection.
        ``(12) Facilitate greater International Monetary Fund 
    transparency, including by enhancing accessibility of the 
    International Monetary Fund and its staff, fostering a more open 
    release policy toward working papers, past evaluations, and other 
    International Monetary Fund documents, seeking to publish all 
    Letters of Intent to the International Monetary Fund and Policy 
    Framework Papers, and establishing a more open release policy 
    regarding Article IV consultations.
        ``(13) Facilitate greater International Monetary Fund 
    accountability and enhance International Monetary Fund self-
    evaluation by vigorously promoting review of the effectiveness of 
    the Office of Internal Audit and Inspection and the Executive 
    Board's external evaluation pilot program and, if necessary, the 
    establishment of an operations evaluation department modeled on the 
    experience of the International Bank for Reconstruction and 
    Development, guided by such key principles as usefulness, 
    credibility, transparency, and independence.
        ``(14) Vigorously promote coordination with the International 
    Bank for Reconstruction and Development and other international 
    financial institutions (as defined in section 1701(c)(2)) in 
    promoting structural reforms which facilitate the provision of 
    credit to small businesses, including microenterprise lending, 
    especially in the world's poorest, heavily indebted countries.]
    [``(b) Coordination With Other Executive Departments.--To the extent 
that it would assist in achieving the goals described in subsection (a), 
the Secretary of the Treasury shall pursue the goals in coordination 
with the Secretary of State, the Secretary of Labor, the Secretary of 
Commerce, the Administrator of the Environmental Protection Agency, the 
Administrator of the Agency for International Development, and the 
United States Trade Representative.''.
    (b) Advisory Committee on IMF Policy.--Section 1701 of such Act (22 
U.S.C. 262p-5) is amended by adding at the end the following:
    ``(e) Advisory Committee on IMF Policy.--
        ``(1) In general.--The Secretary of the Treasury should 
    establish an International Monetary Fund Advisory Committee (in this 
    subsection referred to as the `Advisory Committee').
        ``(2) Membership.--The Advisory Committee should consist of 
    members appointed by the Secretary of the Treasury, after 
    appropriate consultations with the relevant organizations. Such 
    members should include representatives from industry, 
    representatives from agriculture, representatives from organized 
    labor, representatives from banking and financial services, and 
    representatives from nongovernmental environmental and human rights 
    organizations.''.]

              [reduction of barriers to agricultural trade]

    [Sec. 611. Title XIV of the International Financial Institutions Act 
(22 U.S.C. 262n-262n-2) is amended by adding at the end the following:

[``SEC. 1404. REDUCTION OF BARRIERS TO AGRICULTURAL TRADE.

    ``The Secretary of the Treasury shall instruct the United States 
Executive Director at the International Monetary Fund to use 
aggressively the voice and vote of the United States to vigorously 
promote policies to encourage the opening of markets for agricultural 
commodities and products by requiring recipient countries to make 
efforts to reduce trade barriers.''.]

[[Page 1048]]

   [semiannual reports on financial stabilization programs led by the 
   international monetary fund in connection with financing from the 
                      exchange stabilization fund]

    [Sec. 612. Title XVII of the International Financial Institutions 
Act (22 U.S.C. 262r-262r-2) is amended by adding at the end the 
following:]

[``SEC. 1704. REPORTS ON FINANCIAL STABILIZATION PROGRAMS LED BY THE 
    INTERNATIONAL MONETARY FUND IN CONNECTION WITH FINANCING FROM THE 
    EXCHANGE STABILIZATION FUND.

    ``(a) In General.--The Secretary of the Treasury, in consultation 
with the Secretary of Commerce and other appropriate Federal agencies, 
shall prepare reports on the implementation of financial stabilization 
programs (and any material terms and conditions thereof) led by the 
International Monetary Fund in countries in connection with which the 
United States has made a commitment to provide, or has provided 
financing from the stabilization fund established under section 5302 of 
title 31, United States Code. The reports shall include the following:
        ``(1) A description of the condition of the economies of 
    countries requiring the financial stabilization programs, including 
    the monetary, fiscal, and exchange rate policies of the countries.
        ``(2) A description of the degree to which the countries 
    requiring the financial stabilization programs have fully 
    implemented financial sector restructuring and reform measures 
    required by the International Monetary Fund, including--
                ``(A) ensuring full respect for the commercial 
            orientation of commercial bank lending;
                ``(B) ensuring that governments will not intervene in 
            bank management and lending decisions (except in regard to 
            prudential supervision);
                ``(C) the enactment and implementation of appropriate 
            financial reform legislation;
                ``(D) strengthening the domestic financial system and 
            improving transparency and supervision; and
                ``(E) the opening of domestic capital markets.
        ``(3) A description of the degree to which the countries 
    requiring the financial stabilization programs have fully 
    implemented reforms required by the International Monetary Fund that 
    are directed at corporate governance and corporate structure, 
    including--
                ``(A) making nontransparent conglomerate practices more 
            transparent through the application of internationally 
            accepted accounting practices, independent external audits, 
            full disclosure, and provision of consolidated statements; 
            and
                ``(B) ensuring that no government subsidized support or 
            tax privileges will be provided to bail out individual 
            corporations, particularly in the semiconductor, steel, and 
            paper industries.
        ``(4) A description of the implementation of reform measures 
    required by the International Monetary Fund to deregulate and 
    privatize economic activity by ending domestic monopolies, 
    undertaking trade liberalization, and opening up restricted areas of 
    the economy to foreign investment and competition.
        ``(5) A detailed description of the trade policies of the 
    countries, including any unfair trade practices or adverse effects 
    of the trade policies on the United States.
        ``(6) A description of the extent to which the financial 
    stabilization programs have resulted in appropriate burden-sharing 
    among private sector creditors, including rescheduling of 
    outstanding loans by lengthening maturities, agreements on debt 
    reduction, and the extension of new credit.
        ``(7) A description of the extent to which the economic 
    adjustment policies of the International Monetary Fund and the 
    policies of the government of the country adequately balance the 
    need for financial stabilization, economic growth, environmental 
    protection, social stability, and equity for all elements of the 
    society.
        ``(8) Whether International Monetary Fund involvement in labor 
    market flexibility measures has had a negative effect on core worker 
    rights, particularly the rights of free association and collective 
    bargaining.
        ``(9) A description of any pattern of abuses of core worker 
    rights in recipient countries.
        ``(10) The amount, rate of interest, and disbursement and 
    repayment schedules of any funds disbursed from the stabilization 
    fund established under section 5302 of title 31, United States Code, 
    in the form of loans, credits, guarantees, or swaps, in support of 
    the financial stabilization programs.
        ``(11) The amount, rate of interest, and disbursement and 
    repayment schedules of any funds disbursed by the International 
    Monetary Fund to the countries in support of the financial 
    stabilization programs.]
    [``(b) Timing.--Not later than March 15, 1999, and semiannually 
thereafter, the Secretary of the Treasury shall submit to the Committees 
on Banking and Financial Services and International Relations of the 
House of Representatives and the Committees on Foreign Relations, and 
Banking, Housing, and Urban Affairs of the Senate a report on the 
matters described in subsection (a).''.]

[annual report and testimony on the state of the international financial 
         system, imf reform, and compliance with imf agreements]

    [Sec. 613. Title XVII of the International Financial Institutions 
Act (22 U.S.C. 262r-262r-2) is further amended by adding at the end the 
following:]

[``SEC. 1705. ANNUAL REPORT AND TESTIMONY ON THE STATE OF THE 
    INTERNATIONAL FINANCIAL SYSTEM, IMF REFORM, AND COMPLIANCE WITH IMF 
    AGREEMENTS.

    ``(a) Reports.--Not later than October 1 of each year, the Secretary 
of the Treasury shall submit to the Committee on Banking and Financial 
Services of the House of Representatives and the Committee on Foreign 
Relations of the Senate a written report on the progress (if any) made 
by the United States Executive Director at the International Monetary 
Fund in influencing the International Monetary Fund to adopt the 
policies and reform its internal procedures in the manner described in 
section 1503.]
    [``(b) Testimony.--After submitting the report required by 
subsection (a) but not later than March 1 of each year, the Secretary of 
the Treasury shall appear before the Committee on Banking and Financial 
Services of the House of Representatives and the Committee on Foreign 
Relations of the Senate and present testimony on--
        ``(1) any progress made in reforming the International Monetary 
    Fund;
        ``(2) the status of efforts to reform the international 
    financial system; and
        ``(3) the compliance of countries which have received assistance 
    from the International Monetary Fund with agreements made as a 
    condition of receiving the assistance.''.]

               [audits of the international monetary fund]

    [Sec. 614. Title XVII of the International Financial Institutions 
Act (22 U.S.C. 262r-262r-2) is further amended by adding at the end the 
following:]

[``SEC. 1706. AUDITS OF THE INTERNATIONAL MONETARY FUND.

    ``(a) Access to Materials.--Not later than 30 days after the date of 
the enactment of this section, the Secretary of the Treasury shall 
certify to the Committee on Banking and Financial Services of the House 
of Representatives and the Committee on Foreign Relations of the Senate 
that the Secretary has instructed the United States Executive Director 
at the International Monetary Fund to facilitate timely access by the 
General Accounting Office to information and documents of the 
International Monetary Fund needed by the Office to perform financial 
reviews of the International Monetary Fund that will facilitate the 
conduct of United States policy with respect to the Fund.]
    [``(b) Reports.--Not later than June 30, 1999, and annually 
thereafter, the Comptroller General of the United States shall prepare 
and submit to the committees specified in subsection (a), the Committee 
on Appropriations of the House of Representatives, and the Committee on 
Appropriations of the Senate a report on the financial operations of the 
Fund during the preceding year, which shall include--
        ``(1) the current financial condition of the International 
    Monetary Fund;
        ``(2) the amount, rate of interest, disbursement schedule, and 
    repayment schedule for any loans that were initiated or outstanding 
    during the preceding calendar year, and with respect to disbursement 
    schedules, the report shall identify and discuss in detail any 
    conditions required to be fulfilled by a borrower country before a 
    disbursement is made;

[[Page 1049]]

        ``(3) a detailed description of whether the trade policies of 
    borrower countries permit free and open trade by the United States 
    and other foreign countries in the borrower countries;
        ``(4) a detailed description of the export policies of borrower 
    countries and whether the policies may result in increased export of 
    their products, goods, or services to the United States which may 
    have significant adverse effects on, or result in unfair trade 
    practices against or affecting United States companies, farmers, or 
    communities;
        ``(5) a detailed description of any conditions of International 
    Monetary Fund loans which have not been met by borrower countries, 
    including a discussion of the reasons why such conditions were not 
    met, and the actions taken by the International Monetary Fund due to 
    the borrower country's noncompliance;
        ``(6) an identification of any borrower country and loan on 
    which any loan terms or conditions were renegotiated in the 
    preceding calendar year, including a discussion of the reasons for 
    the renegotiation and any new loan terms and conditions; and
        ``(7) a specification of the total number of loans made by the 
    International Monetary Fund from its inception through the end of 
    the period covered by the report, the number and percentage (by 
    number) of such loans that are in default or arrears, and the 
    identity of the countries in default or arrears, and the number of 
    such loans that are outstanding as of the end of period covered by 
    the report and the aggregate amount of the outstanding loans and the 
    average yield (weighted by loan principal) of the historical and 
    outstanding loan portfolios of the International Monetary Fund.''.] 
    (Foreign Operations, Export Financing, and Related Programs 
    Appropriation Act, 1999, as included in Public Law 105-277, section 
    101(d).)