Appendix, Fiscal Year 1999 Budget of the United States Government

[Appendix, Budget of the United States Government, Fiscal Year 1999]
[Page 927-934]
[DOCID:1999_app_iap-1]
From the Budget of the U.S., FY 1999 Online via GPO Access
[wais.access.gpo.gov]

[[Page 927]]

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, [$2,400,000,000] $2,513,600,000, to remain available until
[September 30, 1999: Provided, That of the funds appropriated under this
heading, not less than $1,200,000,000 shall be available only for
Israel, which sum shall be available on a grant basis as a cash transfer
and shall be disbursed within 30 days of enactment of this Act or by
October 31, 1997, whichever is later: Provided further, That not less
than $815,000,000 shall be available only for Egypt, which sum shall be
provided on a grant basis, and of which sum cash transfer assistance may
be provided, with the understanding that Egypt will undertake
significant economic reforms which are additional to those which were
undertaken in previous fiscal years: Provided further, That in
exercising the authority to provide cash transfer assistance for Israel,
the President shall ensure that the level of such assistance does not
cause an adverse impact on the total level of nonmilitary exports from
the United States to such country: Provided further, That of the funds
appropriated under this heading, not less than $150,000,000 shall be
made available for Jordan: Provided further, That of the funds made
available under this heading in previous Acts making appropriations for
foreign operations, export financing, and related programs,
notwithstanding any provision in any such heading in such previous Acts,
up to $116,000,000 may be allocated or made available for programs and
activities under this heading including the Middle East Peace and
Stability Fund: Provided further, That in carrying out the previous
proviso, the President should seek to ensure to the extent feasible that
not more than 1 percent of the amount specified in section 586 of this
Act should be derived from funds that would otherwise be made available
for any single country: Provided further, That funds provided for the
Middle East Peace and Stability Fund by a country in the region under
the authority of section 635(d) of the Foreign Assistance Act of 1961,
and funds made available for Jordan following the date of enactment of
this Act from previous Acts making appropriations for foreign
operations, export financing, and related programs, shall count toward
meeting the earmark contained in the fourth proviso under this heading:
Provided further, That up to $10,000,000 of funds under this heading in
previous foreign operations, export financing, and related programs
appropriations Acts that were reprogrammed for Jordan during fiscal year
1997 shall also count toward such earmark: Provided further, That, in
order to facilitate the implementation of the fourth proviso under this
heading, the requirement of section 515 of this Act or any similar
provision of law shall not apply to the making available of funds
appropriated for a fiscal year for programs, projects, or activities
that were justified for another fiscal year: Provided further, That for
fiscal year 1998 such portions of the notification required under
section 653 of the Foreign Assistance Act of 1961 that relate to the
Middle East may be submitted to the Congress as soon as practicable, but
no later than March 1, 1998: Provided further, That during fiscal year
1998, of the local currencies generated from funds made available under
this heading for Guatemala by this Act and prior appropriations Acts,
the United States and Guatemala may jointly program the Guatemala
quetzales equivalent of a total of up to $10,000,000 for the purpose of
retiring the debt owed by universities in Guatemala to the Inter-
American Development Bank] expended, of which not to exceed $10,000,000
may be used, notwithstanding any other provision of law, to support
victims of and programs related to the Holocaust: Provided further, That
notwithstanding any provision in this or any other Act, funds provided
under this heading may be used to support the Bank for Economic
Cooperation and Development in the Middle East and North Africa.
(Foreign Operations, Export Financing, and Related Programs
Appropriation Act, 1998.)

Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1037-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------

Obligations by program activity:
10.00 Total obligations................. 2,420 2,662 2,514
----------------------------------------------------------------------------

Budgetary resources available for obligation:
21.40 Unobligated balance available,
start of year: Uninvested....... 287 242
22.00 New budget authority (gross)...... 2,385 2,420 2,514
22.10 Resources available from
recoveries of prior year
obligations..................... 16
22.21 Unobligated balance transferred to
other accounts.................. -6
22.30 Unobligated balance expiring...... -20
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 2,662 2,662 2,514
23.95 New obligations................... -2,420 -2,662 -2,514
24.40 Unobligated balance available, end
of year: Uninvested............. 242
----------------------------------------------------------------------------

New budget authority (gross), detail:
40.00 Appropriation..................... 2,363 2,420 2,514
41.00 Transferred to other accounts..... -19
42.00 Transferred from other accounts... 41
--------- --------- ----------
43.00 Appropriation (total)........... 2,385 2,420 2,514
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 2,385 2,420 2,514
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 2,799 2,976 3,217
73.10 New obligations................... 2,420 2,662 2,514
73.20 Total outlays (gross)............. -2,226 -2,421 -2,418
73.40 Adjustments in expired accounts... -1
73.45 Adjustments in unexpired accounts. -16
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 2,976 3,217 3,313
----------------------------------------------------------------------------

Outlays (gross), detail:
86.90 Outlays from new current authority 1,214 1,285 1,292
86.93 Outlays from current balances..... 1,012 1,136 1,126
--------- --------- ----------
87.00 Total outlays (gross)........... 2,226 2,421 2,418
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. 2,385 2,420 2,514
90.00 Outlays........................... 2,226 2,421 2,418
---------------------------------------------------------------------------

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

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

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

(3) Strengthening the capacity to manage the human dimension of the
transition to democracy and a market econ-

[[Page 928]]

omy, and to help sustain the neediest sectors of the population during
the transition period.

Haiti.--The Administration is requesting a total of $140,000,000 out
of the total ESF appropriation for Haiti. Haiti is at a pivotal juncture
in its efforts to make the transformation to a democratic form of
government and a free market economy. The Administration believes these
additional resources for Haiti will be especially beneficial to show
continued support for Haiti following the scheduled conclusion of the
United Nation's peacekeeping operations in Haiti at the end of November
1998.

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

Object Classification (in millions of dollars)

Direct obligations:

25.2 Other services.................. 6 5 5
41.0 Grants, subsidies, and
contributions................. 2,371 2,657 2,509
--------- --------- ----------
99.0 Subtotal, direct obligations.. 2,377 2,662 2,514
41.0 Allocation Account: Grants,
subsidies, and contributions.... 43
--------- --------- ----------
99.9 Total obligations............... 2,420 2,662 2,514
---------------------------------------------------------------------------

<F-dash>

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,
[$3,296,550,000] $3,275,910,000: Provided, [That of the funds
appropriated under this heading, not less than $1,800,000,000 shall be
available for grants only for Israel, and not less than $1,300,000,000
shall be made available for grants only for Egypt: Provided further,
That the funds appropriated by this paragraph for Israel shall be
disbursed within 30 days of enactment of this Act or by October 31,
1997, whichever is later: Provided further, That to the extent that the
Government of Israel requests that funds be used for such purposes,
grants made available for Israel by this paragraph shall, as agreed by
Israel and the United States, be available for advanced weapons systems,
of which not less than $475,000,000 shall be available for the
procurement in Israel of defense articles and defense services,
including research and development: Provided further, That of the funds
appropriated by this paragraph, not less than $75,000,000 shall be
available for assistance for Jordan: Provided further, That during
fiscal year 1998 the President is authorized to, and shall, direct
drawdowns of defense articles from the stocks of the Department of
Defense, defense services of the Department of Defense, and military
education and training of an aggregate value of not less than
$25,000,000 under the authority of this proviso for Jordan for the
purposes of part II of the Foreign Assistance Act of 1961, and any
amount so directed shall count toward meeting the earmark in the
previous proviso: Provided further, That section 506(c) of the Foreign
Assistance Act of 1961 shall apply, and section 632(d) of the Foreign
Assistance Act of 1961 shall not apply, to any such drawdown: Provided
further, That of the funds appropriated by this paragraph, a total of
$18,300,000 should be available for assistance for Estonia, Latvia, and
Lithuania: Provided further, That none of the funds made available under
this heading shall be available for any non-NATO country participating
in the Partnership for Peace Program except through the regular
notification procedures of the Committees on Appropriations: Provided
further,] That funds appropriated by this paragraph shall be
nonrepayable notwithstanding any requirement in section 23 of the Arms
Export Control Act: Provided further, That funds made available under
this paragraph shall be obligated upon apportionment in accordance with
paragraph (5)(C) of title 31, United States Code, section 1501(a)[:
Provided further, That $50,000,000 of the funds appropriated or
otherwise made available under this heading should be made available for
the purpose of facilitating the integration of Poland, Hungary, and the
Czech Republic into the North Atlantic Treaty Organization].
For the cost, as defined in section 502 of the Congressional Budget
Act of 1974, of direct loans authorized by section 23 of the Arms Export
Control Act as follows: cost of direct loans, [$60,000,000] $20,000,000:
Provided, That these funds are available to subsidize gross obligations
for the principal amount of direct loans of not to exceed [$657,000,000:
Provided further, That the rate of interest charged on such loans shall
be not less than the current average market yield on outstanding
marketable obligations of the United States of comparable maturities:
Provided further, That funds appropriated under this paragraph shall be
made available for Greece and Turkey only on a loan basis, and the
principal amount of direct loans for each country shall not exceed the
following: $105,000,000 only for Greece and $150,000,000 only for
Turkey] $167,000,000.
None of the funds made available under this heading shall be
available to finance the procurement of defense articles, defense
services, or design and construction services that are not sold by the
United States Government under the Arms Export Control Act unless the
foreign country proposing to make such procurements has first signed an
agreement with the United States Government specifying the conditions
under which such procurements may be financed with such funds: Provided,
[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 Sudan and Liberia: Provided
further,] That funds made available under this heading may be used,
notwithstanding any other provision of law, for demining, the clearance
of unexploded ordnance, and related activities and may include
activities implemented through nongovernmental and international
organizations: Provided further, That only those countries for which
assistance was justified for the ``Foreign Military Sales Financing
Program'' in the fiscal year 1989 congressional presentation for
security assistance programs may utilize funds made available under this
heading for procurement of defense articles, defense services or design
and construction services that are not sold by the United States
Government under the Arms Export Control Act: Provided further, That,
subject to the regular notification procedures of the Committees on
Appropriations, funds made available under this heading for the cost of
direct loans may also be used to supplement the funds available under
this heading for grants, and funds made available under this heading for
grants may also be used to supplement the funds available under this
heading for the cost of direct loans: Provided further, That funds
appropriated under this heading shall be expended at the minimum rate
necessary to make timely payment for defense articles and services:
Provided further, That not more than [$23,250,000] $29,910,000 of the
funds appropriated under this heading may be obligated for necessary
expenses, including the purchase of passenger motor vehicles for
replacement only for use outside of the United States, for the general
costs of administering military assistance and sales: [Provided further,
That none of the funds under this heading shall be available for
Guatemala:] Provided further, That not more than [$350,000,000]
$340,000,000 of funds realized pursuant to section 21(e)(1)(A) of the
Arms Export Control Act may be obligated for expenses incurred by the
Department of Defense during fiscal year [1998] 1999 pursuant to section
43(b) of the Arms Export Control Act, except that this limitation may be
exceeded only through the regular notification procedures of the
Committees on Appropriations. (Foreign Operations, Export Financing, and
Related Programs Appropriation Act, 1998.)

Program and Financing (in millions of dollars)

Obligations by program activity:
00.01 Direct Program Activity [GPRA].... 3,266 3,313 3,246
00.02 Direct Program Activity [GPRA].... 23 30 30
--------- --------- ----------
10.00 Total obligations............... 3,289 3,343 3,276
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 3,288 3,343 3,276

[[Page 929]]

23.95 New obligations................... -3,289 -3,343 -3,276
----------------------------------------------------------------------------

New budget authority (gross), detail:
40.00 Appropriation..................... 3,224 3,297 3,276
42.00 Transferred from other accounts... 64 46
--------- --------- ----------
43.00 Appropriation (total)........... 3,288 3,343 3,276
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 3,288 3,343 3,276
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 1,781 2,110 2,240
73.10 New obligations................... 3,289 3,343 3,276
73.20 Total outlays (gross)............. -2,960 -3,213 -3,178
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 2,110 2,240 2,337
----------------------------------------------------------------------------

Outlays (gross), detail:
86.90 Outlays from new current authority 1,844 1,843 1,839
86.93 Outlays from current balances..... 1,116 1,370 1,339
--------- --------- ----------
87.00 Total outlays (gross)........... 2,960 3,213 3,178
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. 3,288 3,343 3,276
90.00 Outlays........................... 2,960 3,213 3,178
---------------------------------------------------------------------------

The foreign military financing (FMF) program enables selected
friendly and allied countries to improve their ability to defend
themselves by financing their acquisition of U.S. military articles,
services, and training. This account provides the grant financing
portion of the FMF program. Credit financing, in the form of direct
loans, is provided in the FMF loan program account.

Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1082-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
25.2 Other services.................... 23 30 30
41.0 Grants, subsidies, and
contributions................... 3,266 3,313 3,246
--------- --------- ----------
99.9 Total obligations............... 3,289 3,343 3,276
---------------------------------------------------------------------------

<F-dash>

International Military Education and Training

For necessary expenses to carry out the provisions of section 541 of
the Foreign Assistance Act of 1961, $50,000,000, to remain available
until September 30, 2000: Provided, That the civilian personnel for whom
military education and training may be provided under this heading may
include civilians who are not members of a government whose
participation would contribute to improved civil-military relations,
civilian control of the military, or respect for human 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: (1) the Secretary of
Defense certifies that the instruction and training provided by the
School of the Americas is fully consistent with training and doctrine,
particularly with respect to the observance of human rights, provided by
the Department of Defense to United States military students at
Department of Defense institutions whose primary purpose is to train
United States military personnel; (2) the Secretary of Defense certifies
that the Secretary of State, in consultation with the Secretary of
Defense, has developed and issued specific guidelines governing the
selection and screening of candidates for instruction at the School of
the Americas; and (3) the Secretary of Defense submits to the Committees
on Appropriations a report detailing the training activities of the
School of the Americas and a general assessment regarding the
performance of its graduates during 1996]. (Foreign Operations, Export
Financing, and Related Programs Appropriation Act, 1998.)

Program and Financing (in millions of dollars)

Obligations by program activity:
10.00 Total obligations................. 43 50 50
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 43 50 50
23.95 New obligations................... -43 -50 -50
----------------------------------------------------------------------------

New budget authority (gross), detail:
40.00 Appropriation..................... 43 50 50
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 27 35 39
73.10 New obligations................... 43 50 50
73.20 Total outlays (gross)............. -34 -46 -49
73.40 Adjustments in expired accounts... -2
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 35 39 40
----------------------------------------------------------------------------

Outlays (gross), detail:
86.90 Outlays from new current authority 20 25 25
86.93 Outlays from current balances..... 14 21 24
--------- --------- ----------
87.00 Total outlays (gross)........... 34 46 49
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. 43 50 50
90.00 Outlays........................... 34 46 49
---------------------------------------------------------------------------

This assistance provides grants for military education and training
to military and civilian students from foreign countries. In addition to
helping these countries move toward 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 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
26.0 Supplies and materials............ 4 5 5
41.0 Grants, subsidies, and
contributions................... 38 44 44
--------- --------- ----------
99.0 Subtotal, direct obligations.. 42 49 49
99.5 Below reporting threshold......... 1 1 1
--------- --------- ----------
99.9 Total obligations............... 43 50 50
---------------------------------------------------------------------------

<F-dash>

Military-to-Military Contact Program

Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1084-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------

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

Outlays (gross), detail:
86.93 Outlays from current balances..... 2 1
----------------------------------------------------------------------------

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

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

[[Page 930]]

military organizations that are non-political, loyal to civilian
constitutional authority, structured for defensive needs, and respectful
of human and individual rights.

<F-dash>

Peacekeeping Operations

For necessary expenses to carry out the provisions of section 551 of
the Foreign Assistance Act of 1961, [$77,500,000] $83,000,000[:
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]. (Foreign
Operations, Export Financing, and Related Programs Appropriations Act,
1998).

Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 72-1032-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------

Obligations by program activity:
10.00 Total obligations (object class
41.0)........................... 97 78 83
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 97 78 83
23.95 New obligations................... -97 -78 -83
----------------------------------------------------------------------------

New budget authority (gross), detail:
40.00 Appropriation..................... 65 78 83
42.00 Transferred from other accounts... 32
--------- --------- ----------
43.00 Appropriation (total)........... 97 78 83
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 97 78 83
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 50 41 25
73.10 New obligations................... 97 78 83
73.20 Total outlays (gross)............. -106 -94 -81
73.40 Adjustments in expired accounts... -2
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 41 25 27
----------------------------------------------------------------------------

Outlays (gross), detail:
86.90 Outlays from new current authority 68 54 57
86.93 Outlays from current balances..... 38 40 24
--------- --------- ----------
87.00 Total outlays (gross)........... 106 94 81
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. 97 78 83
90.00 Outlays........................... 106 94 81
---------------------------------------------------------------------------

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

<F-dash>

Nonproliferation, Anti-Terrorism, Demining and Related Programs

For necessary expenses for nonproliferation, anti-terrorism and
related programs and activities, [$133,000,000] $215,900,000, to carry
out the provisions of chapter 8 of part II of the Foreign Assistance Act
of 1961 for anti-terrorism assistance, section 504 of the FREEDOM
Support Act for the Nonproliferation and Disarmament Fund, section 23 of
the Arms Export Control Act or the Foreign Assistance Act of 1961 for
demining, the clearance of unexploded ordnance, and related activities,
notwithstanding any other provision of law, including activities
implemented through nongovernmental and international organizations,
section 301 of the Foreign Assistance Act of 1961 for a voluntary
contribution to the International Atomic Energy 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 of this amount not to exceed $15,000,000, to remain available until
expended, may be made available for the Nonproliferation and Disarmament
Fund, notwithstanding any other provision of law, to promote bilateral
and multilateral activities relating to nonproliferation and
disarmament: Provided further, That such funds may also be used for such
countries other than the new independent states of the former Soviet
Union and international organizations when it is in the national
security interest of the United States to do so[: Provided further, That
such funds shall be subject to the regular notification procedures of
the Committees on Appropriations: Provided further, That funds
appropriated under this heading may be made available for the
International Atomic Energy Agency only if the Secretary of State
determines (and so reports to the Congress) that Israel is not being
denied its right to participate in the activities of that Agency:
Provided further, That not to exceed $30,000,000 may be made available
to the Korean Peninsula Energy Development Organization (KEDO) only for
the administrative expenses and heavy fuel oil costs associated with the
Agreed Framework: Provided further, That such funds may be obligated to
KEDO only if, 30 days prior to such obligation of funds, the President
certifies and so reports to Congress that: (1)(A) the parties to the
Agreed Framework are taking steps to assure that progress is made on the
implementation of the January 1, 1992, Joint Declaration on the
Denuclearization of the Korean Peninsula and the implementation of the
North-South dialogue, and (B) North Korea is complying with the other
provisions of the Agreed Framework between North Korea and the United
States and with the Confidential Minute; (2) North Korea is cooperating
fully in the canning and safe storage of all spent fuel from its
graphite-moderated nuclear reactors and that such canning and safe
storage is scheduled to be completed by April 1, 1998; and (3) North
Korea has not significantly diverted assistance provided by the United
States for purposes for which it was not intended: Provided further,
That the President may waive the certification requirements of the
preceding proviso if the President determines that it is vital to the
national security interests of the United States: Provided further, That
no funds may be obligated for KEDO until 30 calendar days after
submission to Congress of the waiver permitted under the preceding
proviso: Provided further, That the obligation of any funds for KEDO
shall be subject to the regular notification procedures of the
Committees on Appropriations: Provided further, That the Secretary of
State shall submit to the appropriate congressional committees an annual
report (to be submitted with the annual presentation for appropriations)
providing a full and detailed accounting of the fiscal year request for
the United States contribution to KEDO, the expected operating budget of
KEDO, to include unpaid debt, proposed annual costs associated with
heavy fuel oil purchases, and the amount of funds pledged by other donor
nations and organizations to support KEDO activities on a per country
basis, and other related activities: Provided further, That of the funds
made available under this heading, up to $10,000,000 may be made
available to KEDO, in addition to funds otherwise made available under
this heading for KEDO, if the Secretary of State certifies and reports
to the Committees on Appropriations that, except for the funds made
available under this proviso, funds sufficient to cover all outstanding
debts owed by KEDO for heavy fuel oil have been provided to KEDO by
donors other than the United States]. (Foreign Operations, Export
Financing, and Related Programs Appropriation Act, 1998.)

Program and Financing (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1075-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------

Obligations by program activity:
00.01 Comprehensive test ban treaty
prepcom......................... 29
00.02 Demining.......................... 1 20 50
00.03 Export control.................... 3 5
00.04 Nonproliferation and disarmament
assistance...................... 15 15 15
00.05 Anti-terrorism assistance......... 18 19 21
00.06 IAEA voluntary contribution....... 36 36 40
00.07 KEDO payment...................... 25 40 35
00.08 Science centers in NIS............ 14 21
--------- --------- ----------
10.00 Total obligations (object class
41.0)......................... 108 133 216
----------------------------------------------------------------------------

[[Page 931]]

Budgetary resources available for obligation:
21.40 Unobligated balance available,
start of year: Uninvested....... 1 1
22.00 New budget authority (gross)...... 109 133 216
--------- --------- ----------
23.90 Total budgetary resources
available for obligation...... 109 134 217
23.95 New obligations................... -108 -133 -216
24.40 Unobligated balance available, end
of year: Uninvested............. 1 1 1
----------------------------------------------------------------------------

New budget authority (gross), detail:
40.00 Appropriation..................... 151 133 216
41.00 Transferred to other accounts..... -56
42.00 Transferred from other accounts... 14
--------- --------- ----------
43.00 Appropriation (total)........... 109 133 216
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 109 133 216
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 37 60
73.10 New obligations................... 108 133 216
73.20 Total outlays (gross)............. -71 -110 -183
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 37 60 93
----------------------------------------------------------------------------

Outlays (gross), detail:
86.90 Outlays from new current authority 71 86 140
86.93 Outlays from current balances..... 24 43
--------- --------- ----------
87.00 Total outlays (gross)........... 71 110 183
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. 109 133 216
90.00 Outlays........................... 71 110 183
---------------------------------------------------------------------------

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

<F-dash>

Assistance for Relocation of Facilities in Israel

Program and Financing (in millions of dollars)

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

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

68.00 Offsetting collections (cash)... 2
68.49 Portion applied to liquidate
contract authority............ -1
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total)..................... 1
----------------------------------------------------------------------------

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

Outlays (gross), detail:
86.93 Outlays from current balances..... 1
86.98 Outlays from permanent balances... -1
--------- --------- ----------
87.00 Total outlays (gross)........... 1 -1
----------------------------------------------------------------------------

Offsets:
Against gross budget authority and outlays:

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

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

Status of Contract Authority (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1088-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
0100 Balance, start of year............ 4 3
0360 Adjustments in expired accounts... -3
0500 Offsetting collections applied to
liquidate contract authority.... -1
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 1998 transactions are expected to be the last ones in
this account.

<F-dash>

Non-Proliferation and Disarmament Fund

Program and Financing (in millions of dollars)

Obligations by program activity:
10.00 Total obligations................. 11 5
----------------------------------------------------------------------------

Budgetary resources available for obligation:
21.40 Unobligated balance available,
start of year: Uninvested....... 16 5
23.95 New obligations................... -11 -5
24.40 Unobligated balance available, end
of year: Uninvested............. 5
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 13 18 7
73.10 New obligations................... 11 5
73.20 Total outlays (gross)............. -6 -16 -7
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 18 7
----------------------------------------------------------------------------

Outlays (gross), detail:
86.93 Outlays from current balances..... 6 16 7
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority..................
90.00 Outlays........................... 6 16 7
---------------------------------------------------------------------------

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

Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1071-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
25.2 Other services.................... 10 5
41.0 Grants, subsidies, and
contributions................... 1
--------- --------- ----------
99.9 Total obligations............... 11 5
---------------------------------------------------------------------------

<F-dash>

Credit accounts:

Foreign Military Financing Loan Program Account

Unavailable Collections (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-1085-0-1-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
Balance, start of year:
01.99 Balance, start of year............ 11 26
Receipts:
02.01 Downward reestimates of subsidies. 11 15
--------- --------- ----------

[[Page 932]]

04.00 Total: Balances and collections... 11 26 26
07.99 Total balance, end of year........ 11 26 26
---------------------------------------------------------------------------

Program and Financing (in millions of dollars)

Obligations by program activity:
00.01 Direct program.................... 58 20 20
00.05 Direct program.................... 23 16
00.06 Direct program.................... 1 3
--------- --------- ----------
10.00 Total obligations (object class
41.0)......................... 82 39 20
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 82 39 20
23.95 New obligations................... -82 -39 -20
----------------------------------------------------------------------------

New budget authority (gross), detail:
Current:

40.00 Appropriation................... 60 60 20
41.00 Transferred to other accounts... -2 -40
--------- --------- ----------
43.00 Appropriation (total)......... 58 20 20
Permanent:

60.05 Appropriation (indefinite)...... 24 19
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 82 39 20
----------------------------------------------------------------------------

Change in unpaid obligations:
72.40 Unpaid obligations, start of year:
Obligated balance: Uninvested... 184 202 176
73.10 New obligations................... 82 39 20
73.20 Total outlays (gross)............. -64 -65 -39
74.40 Unpaid obligations, end of year:
Obligated balance: Uninvested... 202 176 158
----------------------------------------------------------------------------

Outlays (gross), detail:
86.93 Outlays from current balances..... 40 46 39
86.97 Outlays from new permanent
authority....................... 24 19
--------- --------- ----------
87.00 Total outlays (gross)........... 64 65 39
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. 82 39 20
90.00 Outlays........................... 64 65 39
---------------------------------------------------------------------------

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 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
Direct loan levels supportable by subsidy
budget authority:
1150 Direct loan levels................ 297 200 167
--------- --------- ----------
1159 Total direct loan levels........ 297 200 167
Direct loan subsidy (in percent):
1320 Subsidy rate...................... 13.43 10.00 11.97
--------- --------- ----------
1329 Weighted average subsidy rate... 13.43 10.00 11.97
Direct loan subsidy budget authority:
1330 Subsidy budget authority.......... 83 60 20
--------- --------- ----------
1339 Total subsidy budget authority.. 83 60 20
Direct loan subsidy outlays:
1340 Subsidy outlays................... 64 46 39
--------- --------- ----------
1349 Total subsidy outlays........... 64 46 39
---------------------------------------------------------------------------

<F-dash>

Foreign Military Financing Direct Loan Financing Account

Program and Financing (in millions of dollars)

Obligations by program activity:
00.01 Direct program.................... 298 200 167
00.02 Direct program.................... 99 112 148
00.03 Direct program.................... 11 13
00.04 Direct program.................... 2
--------- --------- ----------
10.00 Total obligations............... 408 327 315
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New financing authority (gross)... 408 327 315
23.95 New obligations................... -408 -327 -315
----------------------------------------------------------------------------

New financing authority (gross), detail:
67.15 Authority to borrow (indefinite).. 258 196 147
Spending authority from offsetting
collections:

68.00 Offsetting collections (cash)... 183 467 567
68.10 Change in receivables from
program account............... 18 -26 -18
68.47 Portion applied to debt
reduction..................... -51 -310 -381
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total)..................... 150 131 168
--------- --------- ----------
70.00 Total new financing authority
(gross)....................... 408 327 315
----------------------------------------------------------------------------

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

72.40 Obligated balance: Uninvested... 1,789 1,692 1,445
72.95 Receivables from program account 184 202 176
--------- --------- ----------
72.99 Total unpaid obligations,
start of year............... 1,973 1,894 1,621
73.10 New obligations................... 408 327 315
73.20 Total financing disbursements
(gross)......................... -487 -600 -691
Unpaid obligations, end of year:

74.40 Obligated balance: Uninvested... 1,692 1,445 1,089
74.95 Receivables from program account 202 176 158
--------- --------- ----------
74.99 Total unpaid obligations, end
of year..................... 1,894 1,621 1,247
87.00 Total financing disbursements
(gross)......................... 487 600 691
----------------------------------------------------------------------------

Offsets:
Against gross financing authority and
financing disbursements:

Offsetting collections (cash)
from:
Federal sources:
88.00 Federal sources............. -64 -46 -39
88.00 Federal sources............. -25 -19
88.40 Non-Federal sources........... -94 -402 -528
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -183 -467 -567
88.95 Change in receivables from program
account......................... -18 26 18
----------------------------------------------------------------------------

Net financing authority and financing
disbursements:
89.00 Financing authority............... 207 -114 -234
90.00 Financing disbursements........... 303 133 124
---------------------------------------------------------------------------

Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4122-0-3-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
Position with respect to appropriations act
limitation on obligations:
1111 Limitation on direct loans........ 540 200 167
1112 Unobligated direct loan limitation -242
--------- --------- ----------
1150 Total direct loan obligations... 298 200 167
----------------------------------------------------------------------------

Cumulative balance of direct loans
outstanding:
1210 Outstanding, start of year........ 1,098 1,451 1,702
1231 Disbursements: Direct loan
disbursements................... 376 471 543
1251 Repayments: Repayments and
prepayments..................... -23 -220 -322
--------- --------- ----------

[[Page 933]]

1290 Outstanding, end of year........ 1,451 1,702 1,923
---------------------------------------------------------------------------

As required by the Federal Credit Reform Act of 1990, this non-
budgetary account records all cash flows to and from the Government
resulting from direct loans for foreign military financing obligated in
1992 and beyond. The foreign military financing credit program provides
loans that finance sales of defense articles, defense services, and
design and construction services to foreign countries and international
organizations. The amounts in this account are a means of financing and
are not included in budget totals.

Balance Sheet (in millions of dollars)

-----------------------------------------------------------------------------------------------
Identification code 11-4122-0-3-152 1996 actual 1997 actual 1998 est. 1999 est.
-----------------------------------------------------------------------------------------------
ASSETS:
Federal assets:

1101 Fund balances with Treasury..... 160 130
Investments in US securities:
1106 Receivables, net.............. 184 202 176 158
Net value of assets related to
post-1991 direct loans
receivable:

1401 Direct loans receivable, gross.. 1,098 1,451 1,702 1,923
1402 Interest receivable............. 12 16 18 21
1405 Allowance for subsidy cost (-).. -143 -189 -235 -274
------------ -------------- ------------ -------------
1499 Net present value of assets
related to direct loans..... 967 1,278 1,485 1,670
1901 Other Federal assets: Other assets 1,630 1,562 1,317 959
------------ -------------- ------------ -------------
1999 Total assets.................... 2,941 3,172 2,978 2,787
LIABILITIES:
Federal liabilities:

2103 Debt............................ 1,134 1,408 1,589 1,751
2105 Other........................... 1,623 1,764 1,389 1,036
------------ -------------- ------------ -------------
2999 Total liabilities............... 2,757 3,172 2,978 2,787
NET POSITION:
3100 Appropriated capital.............. 184
------------ -------------- ------------ -------------
3999 Total net position.............. 184
------------ -------------- ------------ -------------
4999 Total liabilities and net position 2,941 3,172 2,978 2,787
-----------------------------------------------------------------------------------------------

<F-dash>

Foreign Military Loan Liquidating Account

Program and Financing (in millions of dollars)

Obligations by program activity:
00.01 Direct program.................... 28 10 9
00.02 Direct program.................... 20 39 37
--------- --------- ----------
10.00 Total obligations (object class
33.0)......................... 48 49 46
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New budget authority (gross)...... 48 49 46
23.95 New obligations................... -48 -49 -46
----------------------------------------------------------------------------

New budget authority (gross), detail:
60.05 Appropriation (indefinite)........ 16 28 31
Spending authority from offsetting
collections:

Offsetting collections (cash):
68.00 Offsetting collections (cash). 236 241 233
68.00 Offsetting collections (cash). 4 18 4
68.27 Capital transfer to general fund -9 -19 -4
68.47 Portion applied to debt
reduction..................... -199 -219 -218
--------- --------- ----------
68.90 Spending authority from
offsetting collections
(total)..................... 32 21 15
--------- --------- ----------
70.00 Total new budget authority
(gross)....................... 48 49 46
----------------------------------------------------------------------------

Change in unpaid obligations:
73.10 New obligations................... 48 49 46
73.20 Total outlays (gross)............. -48 -49 -46
----------------------------------------------------------------------------

Outlays (gross), detail:
86.97 Outlays from new permanent
authority....................... 48 49 46
----------------------------------------------------------------------------

Offsets:
Against gross budget authority and outlays:

Offsetting collections (cash)
from:
Federal sources:
88.00 Federal sources.............
88.00 Federal sources............. -4 -18 -4
Non-Federal sources:
88.40 Non-Federal sources......... -37 -22 -15
88.40 Non-Federal sources......... -199 -219 -218
--------- --------- ----------
88.90 Total, offsetting
collections (cash)........ -240 -259 -237
----------------------------------------------------------------------------

Net budget authority and outlays:
89.00 Budget authority.................. -192 -210 -191
90.00 Outlays........................... -192 -210 -191
---------------------------------------------------------------------------

Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4121-0-3-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
Cumulative balance of direct loans
outstanding:
1210 Outstanding, start of year........ 7,021 6,154 5,313
1231 Disbursements: Direct loan
disbursements................... 14 9 8
1251 Repayments: Repayments and
prepayments..................... -892 -812 -628
1261 Adjustments: Capitalized interest. 21
1264 Write-offs for default: Other
adjustments, net................ -10 -38 -6
--------- --------- ----------
1290 Outstanding, end of year........ 6,154 5,313 4,687
---------------------------------------------------------------------------

Status of Guaranteed Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4121-0-3-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
Cumulative balance of guaranteed loans
outstanding:
2210 Outstanding, start of year........ 6,129 5,691 5,303
2251 Repayments and prepayments........ -432 -387 -379
2261 Adjustments: Terminations for
default that result in loans
receivable...................... -6 -1 -1
--------- --------- ----------
2290 Outstanding, end of year........ 5,691 5,303 4,923
----------------------------------------------------------------------------

Memorandum:
2299 Guaranteed amount of guaranteed
loans outstanding, end of year.. 5,122 4,772 4,430
----------------------------------------------------------------------------

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

2331 Disbursements for guaranteed
loan claims................... 34 10 9
2364 Other adjustments, net.......... -34 -10 -9
---------------------------------------------------------------------------

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 1996 actual 1997 actual 1998 est. 1999 est.
-----------------------------------------------------------------------------------------------
0111 Revenue........................... 282 322 283 252
0112 Expense........................... -293 -330 -283 -252
------------ -------------- ------------ -------------
0119 Net income or loss (-)............ -11 -8
------------ -------------- ------------ -------------
0199 Net income or loss................ -11 -8
-----------------------------------------------------------------------------------------------

[[Page 934]]

Balance Sheet (in millions of dollars)

1601 Direct loans, gross............. 7,021 6,154 5,313 4,687
1602 Interest receivable............. 655 729 636 563
1604 Direct loans and interest
receivable, net............... 7,676 6,883 5,949 5,250
------------ -------------- ------------ -------------
1699 Value of assets related to
direct loans................ 7,676 6,883 5,949 5,250
------------ -------------- ------------ -------------
1999 Total assets.................... 7,676 6,883 5,949 5,250
LIABILITIES:
Federal liabilities:

2102 Interest payable................ 51 48 44 41
2103 Debt............................ 3,247 3,048 2,829 2,611
2105 Other........................... 3,767 3,177 2,466 1,988
------------ -------------- ------------ -------------
2999 Total liabilities............... 7,065 6,273 5,339 4,640
NET POSITION:
3100 Appropriated capital..............
3300 Cumulative results of operations.. 611 610 610 610
------------ -------------- ------------ -------------
3999 Total net position.............. 611 610 610 610
------------ -------------- ------------ -------------
4999 Total liabilities and net position 7,676 6,883 5,949 5,250
-----------------------------------------------------------------------------------------------

<F-dash>

Military Debt Reduction Financing Account

Program and Financing (in millions of dollars)

Obligations by program activity:
09.01 Reimbursable program.............. 4 18 4
09.02 Reimbursable program.............. 1 1
--------- --------- ----------
10.00 Total obligations............... 4 19 5
----------------------------------------------------------------------------

Budgetary resources available for obligation:
22.00 New financing authority (gross)... 4 19 5
23.95 New obligations................... -4 -19 -5
----------------------------------------------------------------------------

New financing authority (gross), detail:
67.15 Authority to borrow (indefinite).. 3 16 2
68.00 Spending authority from offsetting
collections: Offsetting
collections (cash).............. 1 3 3
--------- --------- ----------
70.00 Total new financing authority
(gross)....................... 4 19 5
----------------------------------------------------------------------------

Change in unpaid obligations:
73.10 New obligations................... 4 19 5
73.20 Total financing disbursements
(gross)......................... -4 -19 -5
87.00 Total financing disbursements
(gross)......................... 4 19 5
----------------------------------------------------------------------------

Offsets:
Against gross financing authority and
financing disbursements:

88.00 Offsetting collections (cash)
from: Federal sources......... -1 -3 -3
----------------------------------------------------------------------------

Net financing authority and financing
disbursements:
89.00 Financing authority............... 3 16 2
90.00 Financing disbursements........... 3 16 2
---------------------------------------------------------------------------

Status of Direct Loans (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4174-0-3-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
Position with respect to appropriations act
limitation on obligations:
1111 Limitation on direct loans........ 3 18 4
--------- --------- ----------
1150 Total direct loan obligations... 3 18 4
----------------------------------------------------------------------------

Cumulative balance of direct loans
outstanding:
1210 Outstanding, start of year........ 3 17
1233 Disbursements: Purchase of loans
assets from a liquidating
account......................... 3 14 1
--------- --------- ----------
1290 Outstanding, end of year........ 3 17 18
---------------------------------------------------------------------------

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 1996 actual 1997 actual 1998 est. 1999 est.
-----------------------------------------------------------------------------------------------
ASSETS:
Net value of assets related to
post-1991 direct loans
receivable:

1401 Direct loans receivable, gross.. 3 17 18
------------ -------------- ------------ -------------
1499 Net present value of assets
related to direct loans..... 3 17 18
------------ -------------- ------------ -------------
1999 Total assets.................... 3 17 18
LIABILITIES:
2103 Federal liabilities: Debt......... 3 17 18
------------ -------------- ------------ -------------
2999 Total liabilities............... 3 17 18
------------ -------------- ------------ -------------
4999 Total liabilities and net position 3 17 18
-----------------------------------------------------------------------------------------------

Object Classification (in millions of dollars)

----------------------------------------------------------------------------
Identification code 11-4174-0-3-152 1997 actual 1998 est. 1999 est.
----------------------------------------------------------------------------
33.0 Investments and loans............. 4 18 4
43.0 Interest and dividends............ 1 1
--------- --------- ----------
99.9 Total obligations............... 4 19 5
---------------------------------------------------------------------------

<F-dash>