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094460 1 (1970-03-05)

handle is hein.gao/gaobadxlm0001 and id is 1 raw text is: O0 United States General Accounting Office Washington, D. C. 20548 FOR RELEASE ON DELIVERY Expected at 10:00 a.m. EST Thursday, March 5, 1970 STATEMENT OF ELMER B., STAATS COMPTROLLER GENERAL OF THE UNITED STATES BEFORE THE SUBCOMMITTEE ON INTERNATIONAL ORGANIZATIONS AND MOVEMENTS 01 HOUSE COMTTEE ON FOREIGN AFFMRS ON a III tU.,S., FINANCIAL PARTICIPATION IN THE UNITED NATIONS DEVELOPMENT ASSISTANCE ACTIVITIES 3 Mr. Chairman and members of the Subcommittee: U. S. contributions to United Nations organizations for other than peace- keeping activities increased from $141.6 million in fiscal year 1961 to an estimated $263.7 million in fiscal year 1970, an increase of over 85 percent. The funds were used, in the main, for economic cooperation and development and the promotion of social progress. In contrast, funds made available in the annual Foreign Assistance Appropriations Acts for U. S. bilateral economic assistance ranged from $1.8 billion for fiscal year 1961, to $1.3 billion for fiscal year 1970, a decrease of almost 30 percent. These trends are illustrated in the following graphs. t~Q999(O