REPORT TO THE CONGRESS: The Brazilian Economic Boom: How Should The United States Relate To It?

Abstract

GAO wanted to find out how the numerous and varied U.S. Government activities in Brazil have been managed and whether they are relevant in view of Brazils substantial economic progress. Basic facts Since 1962 the United States has provided Brazil with over $4.3 billion in assistance through bilateral and multilateral organization programs. Bilateral assistance amounted to about $3.2 billion, of which about $2.9 billion was economic assistance. The Agency for International Development (AID) has been the principal U.S. assistance agency and has made about $1.5 billion in loans and grants. The size of AID loans and grant speaked in 1966, but AID still provided about $132 million in assistance between fiscal years 1971-73,with about $41 million in the latter year. Other U.S. assistance was given through Food for Peace and military assistance programs, the Peace Corps, and Export-Import Bank loans.

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Document Details

Document Type
Technical Report
Publication Date
Aug 26, 1974
Accession Number
AD1100695

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