Freeman

ARTICLE

U.S. Foreign Aid

NOVEMBER 01, 1960 by LAWRENCE SULLIVIAN

Mr. Sullivan is Coordinator of Information, U.S. House of Representatives.

Total foreign aid outlays by the U.S. Treasury since World War II add up to $78.5 billion, through March 31, 1960.

The current recapitulation, from a tabulation by the Office of Busi­ness Economics, Department of Commerce, includes military assist­ance, economic aid, all government credits, plus all surplus farm prod­ucts delivered abroad for blocked currencies. Not included are U.S. military payrolls overseas nor the direct U.S. administration costs of some thirty different foreign aid programs under direct U.S. super­vision and control.

The fifteen-year breakdown, by types of aid:

Economic assistance                                               $47.9 billion

Military assistance                                                  25.8     “

Capital subscriptions (International credit agencies)      4.8        "

Total                                                                                    $78.5      "

The table below shows the combined total to each of the principal nations assisted by the various U.S. programs:

U.S. FOREIGN AID
(October 1945 through March 31, 1960)

Country

Millions

France

$9,709

United Kingdom

7,722

Italy

4,834

Germany

4,584

Formosa

4,381

Korea

3,755

Japan

3,178

Greece

2,739

Netherlands

2091

Yugoslavia

2026

Belgium-Luxembourg

1867

Vietnam

1572

India

1386

Philippines

1189

Austria

1092

Spain

980

Norway

892

Indo-China

821

Iran

813

Brazil

782

Pakistan

778

Denmark

719

Poland

654

Israel

596

Thailand

480

U.S.S.R.

423

Indonesia

408

Portugal

368

Mexico

321

Laos

261

Peru

257

Ryukyu Islands

237

Argentina

229

Cambodia

228

Chile

228

Egypt

208

Colombia

202

Jordan

194

Czechoslovakia

191

Bolivia

181

Ireland

142

 Libya

113

Morocco

106

Sweden

105

Afghanistan

98

Guatemala

94

Finland

87

Tunisia

77

Lebanon

70

Iraq

69

Ethiopia

64

Burma

64

Ecuador

63

Haiti

60

Iceland

54

Cuba

53

Trust Territory of Pacific Islands

52

Liberia

52

Ceylon

52

Costa Rica

47

Uruguay

40

Panama

32

Rhodesia

32

Paraguay

278

Hungary

27

Nicaragua

24

Honduras

22

Albania

20

Saudi Arabia

18

Sudan

17

East Germany

17

Nepal

17

New Zealand

12

El Salvador

9

Dominican Republic

8

Venezuela

7

Yemen

5

Somaliland

4

Ghana

3

Guinea

2

Malaya

1

 

ASSOCIATED ISSUE

November 1960

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