Appendix II 
Agency Specific Information
All of the funding for 
OPIC
 implemented noncredit obligations came from
USAID
 Economic Support Funds. All of the obligations for
OPIC
 implemented noncredit programs came from the 150 International
Affairs budget function classification.
Table II.18: OPIC Noncredit Program
Obligations and Expenditures by
Dollars in thousands
Program (Fiscal Year 1990 Through
Program end
December 31, 1994)
Program
Obligations
Expenditures
date
Health Sector Initiative
$612
$501
9/95
Private Sector Initiative
2,202
1,380
9/30/95
Total
$2,814
$1,881
OPIC
 implemented the following two noncredit programs:
Health Sector Initiatives
With funding from 
USAID
, 
OPIC
 encourages U.S. investment in developing an
efficient productive capacity for vaccines, pharmaceuticals, and basic
medical supplies in targeted 
FSU
 countries. This effort includes investment
missions conducted by 
OPIC
, sponsorship of seminars and/or conferences
for companies in the health sector on investment opportunities in the 
FSU
,
and preinvestment services.
Private Sector Initiatives
With funding from 
USAID
, 
OPIC
 provides assistance to targeted 
FSU
 countries
to encourage private sector development and the conversion of
defense related production in the 
FSU
. This program includes investment
missions, roundtables for selected business people in specific sectors and
countries, and seminars and conferences for U.S. companies about
investment opportunities in the 
FSU
.
Credit Programs
Table II.19: OPIC Credit/Insurance
Programs' Face Value and Subsidy
Dollars in thousands
Cost by Program (Fiscal Year 1990
Program end
Through December 31, 1994)
Program
Face value
Subsidy cost
date
Insurance
$983,860
$0
To be determined
Loan guarantees
838,300
36,928
To be determined
Total
$1,822,160
$36,928
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