See general notes for coverage and qualifications, particularly for AID and for FAA military programs. * Less than $50,000. No programs prior to fiscal year 1961. Includes UNRRA and post-UNRRA, $314,000,000; Greek-Turkish aid, $122,500,000; surplus property credits, $90,600,000; and other, $500,000. Includes Greek-Turkish aid of $371,100,000. Does not include $20,000,000 loan in fiscal year 1953 financed by Asian Economic De.elopment Fund. These are included in NESA regional. 7 Includes the utilization during fiscal year 1946 of $29,200,000 of lend-lease silver credits. During fiscal years 1940-46, a total of $160,700,000 of such credits were extended to British India. After partition, Pakistan agreed to pay $38,000,000, but it is not possible to distribute the fiscal year 1946 portion between the 2 countries. Public Law 77 wheat to Pakistan. • Included with Near East and south Asia regional. 10 Confidential. 11 No program prior to fiscal year 1959. 12 No program prior to fiscal year 1957. Mr. PASSMAN. There are 18 countries in your area? Mr. GAUD. There are 18 countries. Mr. PASSMAN. There is one of these countries, Kuwait, to which we do not give aid? Mr. GAUD. Yes, sir. Mr. ANDREWS. Why aren't we giving them any aid, Mr. Chairman? Mr. GAUD. They are in the aid business themselves, Mr. Andrews. Mr. PASSMAN. They are about to drown, speaking figuratively, in oil. Mr. FORD. Have we ever studied their aid program organization chart and setup? Mr. GAUD. It is somewhat smaller than ours. Mr. FORD. Dollarwise? Mr. GAUD. Dollarwise. I thought you meant personnel wise also. FISCAL YEAR 1963 OBLIGATIONS FOR NEAR EAST AND SOUTH ASIA Mr. PASSMAN. Page 2 of the justifications indicates that your development credit program for fiscal year 1963 was estimated to be $770 million: however, on page 3 of the project book you indicate that through February 28 you had approved only $414,575,000 of such credits: is that correct? Mr. GAUD. Yes, sir. Mr. PASSMAN. Did you have to work your people overtime in the closing days? How did you manage to obligate so much money in such a short period of time? Mr. GAUD. We did obligate a total of $779.5 million by the end of the fiscal year, sir. Mr. PASSMAN. In the last 4 months you increased your obligations by $414,575,000, up to the $779 million? Mr. GAUD. Yes, sir. Mr. PASSMAN. Could you tell us how much you obligated during the month of June? Mr. GAUD. Yes, sir. Mr. Chairman, if my arithmetic is right, we obligated in June. $196.7 million. Mr. PASSMAN. You do not have a limitation with relation to obligations in the development credit section, do you? Mr. GAUD. In terms of when we can obligate. Mr. PASSMAN. Yes. Mr. GAUD. We do not. CASH TRANSACTIONS Mr. PASSMAN. I note that you have $34 million as an estimate for cash transaction under the supporting assistance program; is that correct? Mr. GAUD. Yes, sir. Mr. PASSMAN. What country in your area is scheduled to receive this type of grant assistance in fiscal year 1964? Mr. GAUD. Mr. PASSMAN. How much? Mr. GAUD. $34 million. |