Legislative Changes Urged in Loan Program of the Agency for International Development
ID-76-80
Published: Jan 05, 1978. Publicly Released: Jan 05, 1978.
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Highlights
The Loan Program of the Agency for International Development (AID) consists of foreign economic assistance lending activities; AID has been making and administering loans to foreign countries since 1961. The loans are repayable over periods of up to 40 years, including 10-year grace periods before repayment, and have variable interest rates which are generally low--some less than 1%.
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Foreign aid programsForeign loansInternational economic relationsLoan repaymentsLoansPaymentsBorrower indebtednessDebt reliefForeign economic assistanceInterest rates