§ 1961. — Economic assistance.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC1961]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 24A--MIDDLE EAST PEACE AND STABILITY
Sec. 1961. Economic assistance
The President is authorized to cooperate with and assist any nation
or group of nations in the general area of the Middle East desiring such
assistance in the development of economic strength dedicated to the
maintenance of national independence.
(Pub. L. 85-7, Sec. 1, Mar. 9, 1957, 71 Stat. 5.)
Appropriations, Fiscal Year 1957; Restriction; Report to Congress
Pub. L. 85-7, Sec. 3, Mar. 9, 1957, 71 Stat. 5, authorized President
to use, for balance of fiscal year 1957, funds not to exceed
$200,000,000 for military and economic assistance for Middle East from
appropriations available under Mutual Security Act of 1954, restricted
availability of funds for military assistance to funds appropriated for
military assistance and for economic assistance to funds appropriated
for other than military assistance, and required that funds not be
available until 15 days after reports on proposed use of funds be
supplied to appropriate Congressional committees.
