Caribbean-Central America Economic Revitalization Act of 1982

Summary

Caribbean Basin Economic Revitalization Act of 1982 - Authorizes additional FY 1982 appropriations to carry out the purposes of the Economic Support Fund in Caribbean countries. Sets forth requirements relating to the use of funds appropriated under this Act. Earmarks a specified amount for projects which are: (1) consistent with U.S. development assistance policy, as expressed in the Foreign Assistance Act of 1961; and (2) in accordance with the provisions of such Act dealing with agricultural development in rural areas, agricultural research, population planning and health programs, and education and human resources development. Earmarks a specified amount for: (1) scholarships for persons from Caribbean countries; and (2) the Inter-American Foundation. Limits the amount of funds appropriated under this Act that may be used for aid to any one country. Directs the President to seek a reasonable balance in allocating the funds appropriated under this Act between aid for the public sector and aid for the private sector and between balance-of-payments support and support for development projects. Authorizes providing El Salvador with funds in excess of the per country limitation set in this Act in order to facilitate implementation of El Salvador's land reform program. Sets forth the manner in which such funds shall be used. Prohibits using any of the funds appropriated under this Act for El Savador unless the President reports to Congress that: (1) El Salvador has not altered the land reform program in a manner detrimental to the rights of the beneficiaries or potential beneficiaries of the reform; and (2) El Salvador is making substantial progress in implementaing the land reform program. Directs the President to include in the annual report to Congress on foreign assistance programs a report on the disposition of the funds appropriated under this Act.

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Documents

2 official files

• Reported to House with amendment(s)

  summary · EN · 26 July 1982

  Open at official source

• Introduced in House

  summary · EN · 14 July 1982

  Open at official source

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