Appendix II 
Agency Specific Information
Credit Programs
Table II.3: USDA Credit Programs' Face Value and Subsidy Cost (Fiscal Year 1990 Through December 31, 1994)
Dollars in thousands
Program end
Face value
Subsidy cost
Food Aid Commodity Credits
To be
GSM 102 Credit Guarantees
To be
 implemented the following two credit programs:
Food Aid Commodity
Through title I of Public Law 480 and the Food for Progress Program, 
provided for government to government sales of agricultural commodities
 countries under long term credit arrangements. Repayments are in
U.S. dollars on credit terms up to 30 years, with up to a 7 year grace
period. The objectives of the program include providing food to combat
hunger, expanding international trade, expanding U.S. agricultural
commodity markets, and fostering the development of private enterprise
in the recipient country.
GSM 102 Credit
This program provides a guarantee to U.S. exporters or banking
institutions should foreign buyers fail to make payments on goods
purchased. The program provides short term (up to 3 years) credit to
foreign governments or private sector importers to help increase U.S.
exports of agricultural products, improve the competitive position of U.S.
products, and assist developing countries in meeting their food and fiber
Page 42  

New Page 1

Home : About Us : Network : Services : Support : FAQ : Control Panel : Order Online : Sitemap : Contact : Terms Of Service


Our web partners:  Jsp Web Hosting  Unlimited Web Hosting  Cheapest Web Hosting  Java Web Hosting  Web Templates  Best Web Templates  Web Design Templates  Interland Web Hosting  Cheap Web Hosting  Filemaker Web Hosting  Tomcat Web Hosting  Quality Web Hosting  Best Web Hosting  Mac Web Hosting


Virtualwebstudio. Business web hosting division of Vision Web Hosting Inc. All rights reserved

Christian Web Hosting