U.S. Contribution to IDA.: Hearings, Ninety-third Congress, Second Session, on S. 2665 ...

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Page 88 - Association are to promote economic development, increase productivity and thus raise standards of living in the less-developed areas of the world included within the Association's membership, in particular by providing finance to meet their important developmental requirements on terms which are more flexible and bear less heavily on the balance of payments than those of conventional loans, thereby furthering the developmental objectives of the International Bank for Reconstruction and Development...
Page 55 - FLOOD PROTECTION PROJECT STATEMENT OF HON. THOMAS HENNINGS, JR., A UNITED STATES SENATOR FROM THE STATE OF MISSOURI GENERAL STATEMENT Senator HENNINGS. I thank you very much, Senator Symington, for your statement and for your contribution. Now, Mr. Chairman, if I may be permitted to make a brief statement, I first want to thank you for giving us this opportunity to appear before this committee and before you as the chairman, acting as chairman of the committee. I also want to present my friend, the...
Page 41 - Thank you, Mr. Chairman. I have a statement which I would like to submit for the record. Senator SPARKMAN.
Page 36 - ... construction of a raw water pumping station on the Hsin-Tien River with a total capacity of approximately 350,000 cubic meters a day, a raw water pipeline approximately 2.4 km. long, a water filtration and treatment plant, reservoirs with a total capacity of 65,000 cubic meters at two sites, three wells, and trunk and service water distribution mains in the city of Taipei and eight suburban communities (Tien-Mu, Hsin-Tien, Tsing-Mei, MuShan, Ohung-Ho, Tung-Ho, San-Chung and Shih-Lin). Mr. HENNESSEY....
Page 8 - What role is foreseen for the International Development Association and the soft loan windows of the regional development banks ? Fourth.
Page 71 - Scots,' a Frenchman wrote shrewdly to his master on the eve of Charles' departure; 'but it seems to me that it will be very difficult for the enmity that is between these peoples to remain long without breaking out.
Page 91 - ... as the World Bank, the regional development banks and the IMF, will be able to provide the necessary financing for structural transformation.
Page 13 - House involved budgetary and balance-of -payments concerns — particularly those questioning the wisdom and ability of the United States to incure additional foreign commitments at a time of considerable economic uncertainty and increased demands at home. In answer, let me first reiterate that we are not talking about a major new economic program — the levels we are proposing will mean no more money in the budget for the next 4 years than there has been in tlie last 3.
Page 12 - ... three relatively tiny oil states will have per capita wealth or income approaching or exceeding our own. If the United States out of its wealth cannot continue its historic level of support for IDA and similar financial institutions, on what basis can we ask the rest of the world and the oil producers to pick up their fair share of the new development finance burden! We are already seeing the beginnings of recognition by the oilproducing countries that their new affluence carries with it important...
Page 12 - ... as they always have, to pay the suppliers of the pumps, tractors, cement, industrial machinery, laboratory equipment, and engineering services needed to build and carry out sound and urgent development projects. A very significant portion of our contribution to IDA will return to the US economy in demand for exports. Indeed, increasing poor countries' powergenerating capacity, particularly hydroelectric, has been a large part of past activity — alleviating the world scramble for fossil fuel....

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