Peruvian Rice Purchases Guaranteed by the Commodity Credit Corporation
NSIAD-84-116
Published: Jun 07, 1984. Publicly Released: Jun 11, 1984.
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Highlights
Pursuant to a congressional request, GAO investigated rice purchases made by Peru in September 1983 under a U.S. Government guaranteed export credit, focusing on: (1) whether Peru passed up lower responsive bids during the procurement of the rice; and (2) what is required of recipient countries and the Department of Agriculture under Export Credit Guarantee Program legislation and implementing regulations.
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Topics
Commodity marketingExportingForeign economic development creditForeign financial assistanceGovernment guaranteed loansGrain and grain productsProgram evaluationAgricultural commoditiesCommoditiesExport credits