Appendix I 

Programwide Information

Figure I.3: Face Value and Subsidy Cost for U.S. Bilateral Credit/Insurance Programs 

(Fiscal Year 1990 Through

December 31, 1994)

(Dollars in millions)

3,500

3,000

2,500

2,000

1,500

1,000

500

0

Fiscal year

1990

1991

1992

1993

1994 1stQ 95

Face value

$0

$1,956 $2,773 $2,002 $2,982

$267

Subsidy cost

$0

$0

$228

$435

$363

$55

Total Face Value: $9,980

Total Subsidy Cost: $1,081

The U.S. credit/insurance programs were (1) 

USDA

 short term export credit

guarantees (the General Sales Manager 102 (GSM 102) program) and

long term title I and Food for Progress concessional loans;

(2) Export Import Bank (Eximbank) direct loans, loan guarantees, and

insurance; and (3) 

OPIC

 insurance and loan guarantees. (See table I.7.)

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