1290 



food, good health, home ownership and decent housing, and the opportunity to 

 gain the basic linowledge and skills required to make their own way forward to 

 a brighter future. In supporting these objectives, particular emphasis shall be 

 placed on utilization of resources for food production and voluntary family 

 planning. 



Develojyment Policy in Practice. — During tlie 27-year period 1946- 

 72 the United States made substantial outlays in expenditures to 

 assist both developed and developing countries. The total authorization 

 for this period amounted to $178.5 billion. Of this total, $52.5 billion 

 Went to developed countries and $121.1 billion to the LDCs. Within the 

 LDCs the total for official development assistance came to $69.3 

 billion.'^° During the fiscal years 1962-65, the United States obligated 

 and authorized a total of $17.8 billion in total economic programs for 

 the LDCs. During the fiscal years 1966-72, the figure ranged between 

 $4.04 billion in 1969 to $5.05^ billion in 1966. For the entire period of 

 the Foreign Assistance Act, 1962-72, the total obligation and loan 

 authorization for the LDCs in economic programs came to $50.3 bil- 

 lion. The grand total obligated and authorized for loans and grants in 

 economic programs during the entire 27-year period amounted to $80.1 

 billion.^^^ 



U.S. obligations and loan authorizations to particular developing 

 countries indicate in specific ways the American commitment to devel- 

 opment. Data on a selected list of LDCs showing the total obligations 

 and loan authorizations for economic programs during the fiscal years 

 1971 and 1972 and the decade 1962-72 have been compiled in Table 35 

 from the 1973 AID report on American foreign assistance programs. 

 A total of $647.3 million and $1,169.9 million were obligated and au- 

 thorized for Latin America during the fiscal years 1971 and 1972 re- 

 spectively. Among Asian countries, India ranks higliest with an obli- 

 gation and loan authorization of $456.9 million for the fiscal year 1971 

 and $428.5 for the fiscal year 1972."" 



TABLE 35.— U.S. OBLIGATIONS AND LOAN AUTHORIZATIONS TO LDCS FOR FISCAL YEARS 1971 AND 1972 



|ln millions of dcllars] 



.,.. Fiscal year Fiscal year Total, FA A 



^^" 1971 1972 period, 1962-72 



West Europe: Greece 141 135 2518 



LatinAmerica I.:::;:": 647:3 1,169:9 12,2811 



jpiljllf - - - - 69.5 187.9 676.6 



'"f'V - - "56.9 428.5 6,539.2 



S'n " - -— "^-^ 298.6 2,487.0 



^SV - - - 120.5 170.4 2,907 2 



Philippines 124 7 m g «? r 



Source: Agency for International Development, Statistics and Reports Division, Office of Financial Management "U S 



lulv'l"iQ4tep'?n ?i75'" w ^*"/'" M* ^\T. I"'«f"3''0"al Organizations: ObliKations and Loan Authorizations; 

 July 1, 1945-June 30, 1972, Washington, May 1973. The data are drawn from this publication. 



™ AID, U.S. Overgeaa Loans and Oranta, 1973. p 4 



'" Ibid. p. 9. 



™ Ibid., p. 33 and p. 16. 



