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United States · Law · HR

H.R. 5114 (101st)

Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991

enactedUnited States· United States Congress· EN

Introduced

21 June 1990

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Status

Became Public Law No: 101-513.

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14 January 2025

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Summary

Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991 - Title I: Multilateral Economic Assistance - Makes appropriations for FY 1991 for the U.S. contribution to the: (1) International Bank for Reconstruction and Development (World Bank); (2) International Development Association; (3) International Finance Corporation; (4) Inter-American Development Bank; (5) Inter-American Investment Corporation; (6) Asian Development Fund; (7) African Development Fund; (8) African Development Bank; (9) European Bank for Reconstruction and Development; and (10) Enhanced Structural Adjustment Facility of the International Monetary Fund (IMF). Limits the subscriptions to the callable capital portion of the World Bank, the Inter-American Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development. Reduces from the amount obligated for the International Development Association the U.S. share of any loans approved (after 1989) for China for non-basic human needs. Directs the Secretary to instruct the U.S. executive director of the Inter-American Development Bank to oppose assistance to any recipient who refuses to agree to conduct procurement using Bank funds in a manner that does not discriminate on the basis of nationality against any person interested in providing goods or services. Makes appropriations for FY 1991 for international organizations and programs. Prohibits funds from being made available to the United Nations Fund for Science and Technology. Earmarks specified amounts of such funds for certain international organizations and United Nations programs. Provides that such funds may be made available to the International Atomic Energy Agency only if the Secretary of State reports to the Congress that Israel is not being denied its right to participate in the Agency. Title II: Bilateral Economic Assistance - Makes appropriations for FY 1991 for agriculture, rural development, and nutrition development assistance. Earmarks specified amounts of such funds for: (1) development projects of private entities and cooperatives for dairy development; (2) the Vitamin A Deficiency Program; and (3) U.S. participation in the Associate Professional Officers Program of the international food agencies. Makes appropriations for FY 1991 for population planning development assistance. Prohibits funding for coercive abortion or involuntary sterilization. Makes appropriations for FY 1991 for health development assistance. Earmarks specified amounts of such funds for activities relating to River Blindness and for a contribution to the Pan American Health Organization for funding the Gorgas Memorial Institute of Tropical and Preventive Medicine in Panama. Makes appropriations for FY 1991 for: (1) research on, and treatment and control of, acquired immune deficiency syndrome (AIDS) in developing countries (with earmarked funds for the World Health Organization's Global Program on AIDS); (2) the Child Survival Fund; (3) education and human resources development assistance (with earmarked funds for the Caribbean Law Institute, Soviet and East European research and training, and the Center for Cultural and Technical Interchange Between North and South); (4) private sector, environment, and energy development assistance (with earmarked funds for cooperative projects among the United States, Israel, and developing countries, the Cooperative Development Program, cooperative development research projects, the Central American Rural Electrification Support project, elephant conservation and preservation, the Office of Energy of the Agency for International Development (AID), environment and global warming activities, and technical assistance and training programs for Soviet and Czechoslovakian statisticians and economists); and (5) Subsaharan Africa (with earmarked funds for the Southern African Development Coordination Conference (SADCC)). Makes funds allocated for Zaire available only through private and voluntary organizations. Earmarks specified amounts of development assistance for displaced children, Cambodian children, prostheses and vocational rehabilitation and training for civilians injured as a result of civil strife and warfare, and women in development. Prohibits any development assistance funds from being made available to U.S. private and voluntary organizations (except cooperative development organizations) which obtain less than 20 percent of annual funding for international activities from sources other than the U.S. Government. Earmarks a specified amount of development assistance (in addition to AID funds) for Appropriate Technology International. Makes such organization eligible for funds made available by this Act to U.S. private and voluntary organizations. Limits total loan commitments of the Private Sector Revolving Fund during FY 1991. Makes appropriations for FY 1991 for: (1) American schools and hospitals abroad; (2) international disaster assistance (with earmarked funds for children who have become orphans as the result of natural disasters); (3) the Foreign Service Retirement and Disability Fund; (4) AID operating expenses (with limits on the amount for foreign affairs administrative support); and (5) operating expenses of the AID Office of the Inspector General. Prohibits the relocation of the overseas offices of the AID Inspector General to a U.S. location without the approval of the Inspector General. Requires the number of positions authorized for such office in Washington to be at least 240 at the end of FY 1991. Limits the total commitments to guarantee loans under the housing and credit guaranty programs. Prohibits such loans from being issued or held by the Federal Financing Bank. Amends the Foreign Assistance Act of 1961 to extend the authority to issue housing guarantees through September 30, 1992. Makes appropriations for FY 1991 for the Economic Support Fund (ESF). Earmarks specified amounts of such assistance for: (1) Israel; (2) Egypt, (including an amount for the Commodity Import Program; (3) El Salvador's Special Investigative Unit; (4) Jordan; (5) the West Bank and Gaza Program; (6) Cyprus; (7) tied aid credits; and (8) an endowment through which nongovernmental organizations can purchase the discounted commercial debt of Mexico as part of a debt-for-development exchange. Conditions ESF assistance to Egypt on the understanding that Egypt will undertake significant economic reforms. Expresses the sense of the Congress that the recommended levels of ESF assistance for Egypt and Israel are based on their continued participation in the Camp David Accords and upon the Egyptian-Israeli peace treaty. Extends the authorization of appropriations for certain law enforcement assistance through FY 1991. Prohibits ESF assistance to Zaire. Requires the President, prior to the obligation of assistance for El Salvador, to report to the Congress on the progress made by the El Salvadoran Government in settling expropriation claims of American citizens. Provides that the grant for the endowment through which organizations can purchase Mexico's debt may be made only if the nongovernmental contribution equals the amount of the grant. Makes appropriations for FY 1991 for: (1) the International Fund for Ireland; (2) the Multilateral Assistance Initiative for the Philippines; and (3) economic assistance for Eastern Europe. Earmarks specified amounts of assistance for Eastern Europe for: (1) technical assistance and training; (2) the housing sector; (3) environment and energy activities; (4) activities to foster democratic pluralism; (5) the Polish-American and Hungarian-American Enterprise Funds; and (6) private enterprise activities. Makes appropriations for FY 1991 for: (1) the African Development Foundation; (2) the Inter-American Foundation; (3) the Overseas Private Investment Corporation (OPIC) (limits amounts for direct loans and total commitments to guarantee loans); (4) the Peace Corps; (5) international narcotics control; (6) the International Committee of the Red Cross and refugee assistance; (7) the U.S. Emergency Refugee and Migration Assistance Fund; and (8) anti-terrorism assistance. Earmarks specified amounts of migration and refugee assistance for: (1) refugees resettling in Israel; (2) the Office of Refugee Programs of the Department of State; and (3) Burmese in Burma or Thailand who are displaced as a result of civil conflict. Prohibits migration and refugee assistance from being used to assist in the migration to any Western Hemisphere nation of any person not having a security clearance. Amends the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1998 to revise the required departure period for Amerasians emigrating from Vietnam to the United States. Removes a provision that permits the issuance of visas to specified relatives of Vietnamese aliens only if the principal alien is unmarried. Title III: Military Assistance - Makes appropriations for FY 1991 for: (1) international military education and training (prohibits the use of such funds for countries whose annual per capita GNP exceeds $2,349 unless such countries agree to fund transportation and living allowances of their students); and (2) the foreign military financing program. Earmarks specified amounts of foreign military financing for: (1) Israel; (2) Jordan; and (3) Egypt (requires a certain amount to be used for loan repayments). Excludes requirements for repayment of the United States in grant financing documents. Limits: (1) the principal amount of direct loans for foreign military programs; (2) the amount of foreign military financing for the procurement of defense articles and services not sold by the U.S. Government for countries other than Israel, Egypt, or countries for which assistance was justified in the FY 1989 congressional presentation for security assistance programs; (3) assistance for Haiti to non-lethal items to be available only through congressional notification procedures; (4) the amount of funds for administering military assistance and sales; and (5) the amount of foreign military financing for Greece, Turkey, and Portugal. Allocates funds for Greece and Turkey according to a seven to ten ratio. Makes available a specified amount of funds on a grant basis for Greece if Turkey receives funds through grants. Requires uncommitted funds previously obligated for the Philippines to be used only to finance sales under the Arms Export Control Act. Authorizes uncommitted loans for the Philippines to be committed to contracts until January 1, 1991. Prohibits any foreign military financing for Zaire, Sudan, or Somalia. Directs the Department of Defense, as requested by the Defense Security Assistance Agency, to conduct audits of private firms whose contracts are made directly with foreign governments and are financed under this title. Makes certain funds available for foreign military sales debt reform under the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1988 available only after October 1, 1991. Directs the Secretary of Defense to issue notes to the Secretary of the Treasury to finance activities when the Guaranty Reserve is insufficient. Makes appropriations for FY 1991 for peacekeeping operations. Limits obligations for purposes of the Special Defense Acquisition Fund. Title IV: Export Assistance - Authorizes the Export-Import Bank to make expenditures within the limit of funds and borrowing authority and to make any necessary contracts and commitments. Prohibits the use of Bank funds for nuclear exports to a non-nuclear weapon state. Limits, during FY 1991: (1) direct loans; (2) commitments to guarantee loans; and (3) administrative expenses of the Bank. Makes appropriations for FY 1991 for tied aid grants and interest subsidy payments, subject to certain limitations and congressional notification procedures. Makes appropriations for FY 1991 for the Trade and Development Program. Limits total commitments to guarantee loans for Central America and Poland under the Trade Credit Insurance Program. Extends the deadline for entering into such commitments to the end of FY 1991. Authorizes such guarantees to be available for medium-term guarantees and insurance extended by the Export-Import Bank. Title V: General Provisions - Prohibits the use of funds appropriated in this Act (other than funds appropriated for international organizations and programs) for any water or related land resource project which has not met specified standards and criteria for such projects proposed for construction in the United States. Limits the percentage of appropriations, with specified exceptions, that may be obligated during the last month of availability. Prohibits using certain funds appropriated or made available pursuant to this Act for: (1) retirement pay for any person serving in the armed forces of any recipient country; (2) making payments on procurement contracts which do not authorize the termination of such contract for the convenience of the United States; or (3) paying any assessments, arrearages, or dues of any member of the United Nations. Prohibits using any of the funds contained in title II of this Act to carry out the transfer of funds to international or multilateral lending organizations. Limits the amounts of funds made available under this Act to be used for: (1) official residence expenses, entertainment expenses, and representation allowances of AID; (2) entertainment expenses and representation allowances for foreign military financing programs, the Inter-American Foundation, and the Trade and Development Program; and (3) entertainment expenses for international military education and training programs and the Peace Corps. Prohibits the use of funds made available under this Act (other than funds for international organizations and programs) to finance the export of nuclear equipment, fuel, or technology. Prohibits the use of funds made available under this Act to: (1) assist any foreign government in repressing the legitimate rights of its population; (2) finance assistance or reparations to Angola, Cambodia, Cuba, Iraq, Libya, Vietnam, Iran, or Syria (including assistance provided by the Export-Import Bank or its agents); or (3) finance assistance to any country whose elected head of government is deposed by military coup. Prohibits obligating funds made available under this Act under an appropriation account to which they were not appropriated, unless the President provides a written policy justification to the Appropriations Committees. Continues the availability of certain AID funds, subject to limitations, provided the Appropriations Committees are notified. Prohibits appropriations contained in this Act from remaining available after expiration of the current fiscal year, except as provided in this Act. Prohibits the use of funds made available under this Act to: (1) be used for publicity or propaganda purposes within the United States; (2) assist a country in default for more than a year on a U.S. loan under a program for which funds are appropriated under this Act (exempts from such prohibition funds for narcotics-related assistance for Colombia, Bolivia, and Peru); (3) be made available to any international financial institution whose U.S. representative cannot obtain the amounts and names of borrowers for all loans of such institution; (4) be made available for any such institution whose U.S. representative cannot obtain any document developed by or in the possession of the management, unless such representative certifies to the Appropriations Committees that such document's confidentiality is essential to the institution's operation. Prohibits the use of funds made available under this Act for direct assistance, the Export-Import Bank, and OPIC to finance any loan or other assistance to establish or expand production of any commodity for export by a foreign country if such commodity is likely to be in surplus on world markets and will cause substantial injury to U.S. producers of a similar or competing commodity. Exempts the Export-Import Bank from such prohibition if the Bank determines that the benefits to industry and employment in the United States are likely to outweigh the injury to such producers. Prohibits development assistance from being available for any testing or breeding feasibility study, variety improvement or introduction, consultancy, publication, conference, or training in connection with the growth or production in a foreign country of an agricultural commodity for export that would compete with a similar U.S. commodity. Exempts from such prohibition: (1) activities to increase food security in developing countries where such activities will not have a significant impact in export of U.S. agricultural commodities; or (2) research activities to benefit American producers. Prohibits the use of AID funds provided under this Act, other than specified funds to carry out the Caribbean Basin Initiative, for: (1) the procurement of feasibility studies, or project profiles of potential investment in, the manufacture of specified import-sensitive articles; or (2) the establishment of facilities designed to manufacture such articles. Directs the Secretary of the Treasury to instruct the U.S. executive directors of specified international financial institutions to oppose assistance for the production or extraction of any commodity or mineral for export if it is in surplus on world markets and if the assistance will cause substantial injury to U.S. producers of a similar or competing commodity. Sets forth congressional notification procedures for the obligation of specified funds made available under this Act. Limits expenditures for consulting services through procurement contracts. Prohibits using funds appropriated under this Act to lobby for abortion. Prohibits any of the international organizations and programs funds from being available for the U.S. proportionate share of any programs for the Palestine Liberation Organization (PLO), Libya, Iran, or, at the discretion of the President, Communist countries to which foreign assistance is prohibited. Prohibits the United States from making a contribution to the United Nations or any of its affiliated agencies if such an agency grants full membership to any organization that does not have the internationally recognized attributes of statehood. Directs the Secretary of State to report annually to the Speaker of the House and the President of the Senate on the voting practices of governments represented at the United Nations and the responsiveness of such governments to U.S. policy. Repeals provisions of specified Acts concerning such voting practices. Authorizes Israel to use any loan made available under the Arms Export Control Act for which repayment is forgiven before using any other loan made available under such Act. Prohibits U.S. employees from recognizing or negotiating with the PLO so long as the PLO does not recognize Israel's right to exist, does not accept Security Council Resolutions 242 and 338, and does not renounce the use of terrorism. Declares that it is U.S. policy that economic support fund assistance for Israel shall not be less than the annual debt repayment from Israel to the United States. Declares that it shall be U.S. policy to: (1) support the Central American Presidents' Agreement of December 1989, calling upon the Farabundo Marti National Liberation Front (FMLN) to cease hostilities; (2) support an active role for the United Nations Secretary General and the Secretary General of the Organization of American States in negotiating between the El Salvadoran Government and the FMLN to achieve a cease-fire and a settlement to the conflict; and (3) review periodically the level of military assistance for El Salvador. Limits the amount of military assistance for El Salvador for FY 1991. Withholds half of such assistance unless the President reports to the Congress that: (1) the FMLN is declining to participate in good faith in such negotiations or is failing to support an active role for the United Nations Secretary General; (2) the United States has proof that the FMLN is continuing to acquire significant shipments of lethal military equipment from outside El Salvador; (3) the survival of the El Salvadoran Government is being jeopardized by sustained offensive military actions by the FMLN; or (4) the FMLN is engaging in violence directed at civilians or failing to control violence by elements under its control. Permits only half of the assistance that is not being withheld to be obligated before March 1, 1991. Provides for the transfer of withheld military assistance to development assistance accounts for assistance to El Salvador. Terminates all military assistance to El Salvador for FY 1991 if the President reports to the Congress that: (1) the El Salvadoran Government has been deposed by coup or decree; (2) the El Salvadoran Government is declining to participate in good faith in negotiations or is failing to support an active role for the United Nations Secretary General; (3) the El Salvadoran Government is failing to conduct an investigation into, and prosecution of those responsible for, the November 1989 murders at the University of Central America; or (4) the El Salvadoran military or security forces are engaging in violence directed at civilians or failing to control violence by elements under their control. Allows FY 1991 military assistance for El Salvador to be delivered to the El Salvadoran armed forces only with the prior approval of the president of El Salvador. Directs the Secretary of State to carry out a program of education, training, and dialogue to strengthen democratic political and legal institutions in El Salvador. Makes available a specified amount of ESF funds for such program. Earmarks a specified amount of such funds for monitoring elections in El Salvador. Sets forth expedited congressional review procedures with respect to resolutions concerning military assistance to El Salvador. Requires congressional notification prior to making funds available for military aircraft in Central America. Directs the Secretary to notify specified congressional committees whenever helicopters or military aircraft are provided to Central American countries by any foreign country. Expresses the policy of the United States that sustainable economic growth must be predicated on sustainable use of natural resources. Directs the Secretary of the Treasury to instruct U.S. executive directors of the multilateral development banks to promote programs to address global climate change. Requires the AID Administrator to issue guidance to all AID bureaus detailing the elements of the Global Warming Initiative to: (1) emphasize the need to reduce emissions of greenhouse gases and to accelerate sustainable development strategies; and (2) encourage mission directors to incorporate the Initiative in development country programs. Prohibits funds appropriated by this Act from being used for any project that would result in a significant loss of tropical forests. Permits funds to be used for: (1) tropical forestry and energy programs to reduce greenhouse gases in key countries in which deforestation and energy policy would contribute to global warming; and (2) personnel expenses related to AID environmental and energy sectors. Earmarks a specified amount of funds for biological diversity activities, the Parks in Peril project, and the Global Warming Initiative. Expresses the sense of the Congress that the United States should support amendments to the Montreal Protocol on Substances that Deplete the Ozone Layer that would establish financial mechanisms to enable developing countries to meet Protocol requirements. Earmarks a specified amount for the creation of a fund to support global participation in the Protocol. Prohibits development assistance funds from being used for biomedical research concerning abortion or involuntary sterilization. Reaffirms the congressional commitment to population development assistance and the need for informed voluntary family planning. Earmarks a specified amount of development and ESF assistance for humanitarian assistance to Afghanistan. Prohibits making any of the funds appropriated by this Act available to a private voluntary organization which fails to provide the records for an AID audit or which is not registered with AID. Withholds a specified amount of military assistance and financing from El Salvador until the President reports to the Appropriations Committees that El Salvador has concluded specified murder investigations and pursued all legal avenues to bring to trial those responsible for specified murders. Expresses the sense of the Congress that all countries receiving U.S. foreign aid should cooperate in facilitating lasting solutions to refugee situations. Prohibits making any of the funds appropriated by this Act available for: (1) Ethiopia's forced resettlement or villagization programs; or (2) Sudan, Liberia, Lebanon, Zaire, Chile, Yemen, Haiti, or Somalia, except through regular congressional notification procedures. Earmarks certain appropriated funds for the reimbursement of Federal and State agencies and institutions of higher learning that detail employees to carry out child survival activities and AIDS treatment, control, and research. Authorizes ESF funds for Chile to be used to support efforts to develop a national consensus on the importance of an independent judiciary and the administration of justice. Amends the Arms Export Control Act to extend waiver authority with respect to reciprocal leasing agreements through FY 1991. Requires delivery of defense equipment (permitted under special authority during unforeseen emergencies) within 120 days of congressional notification. Amends the Foreign Assistance Act of 1961 to limit the amount of defense articles, services, and military education and training to be provided in any fiscal year. Sets forth additional notification requirements with respect to the transfer of excess defense equipment to NATO. Requires the Secretary of State to transmit copies of all debt relief agreements to appropriate congressional committees. Continues the funding of Middle East regional cooperative programs. Amends the Foreign Operations, Export Financing, and Related Program Appropriations Act, 1990 to extend the date by which a certain amount of private sector contributions must be made for capitalizing a scholarship endowment for Israeli Arabs. Expresses the sense of the Congress that: (1) the U.S. Government should use its influence in the Asian Development Bank to secure reconsideration of the decision to designate Taiwan as "Taipei, China"; and (2) the Asian Development Bank should resolve this dispute in a fashion that is acceptable to Taiwan. Prohibits the use of funds provided under any Act for the sale of M-833 or comparable antitank shells containing a depleted uranium penetrating component to any country except a NATO member country, major non-NATO ally, or Pakistan. Allows earmarked funds to be reprogrammed for other programs within the same account if: (1) compliance with the earmark is made impossible by any Act; or (2) with respect to countries with which the United States has base access agreements, the President determines that the recipient of funds has reduced its military or economic cooperation with the United States. Requires the President, before funds for such countries are reprogrammed, to provide a written policy justification to the Appropriations Committees. Subjects such reprogramming to the regular notification procedures of such committees. Provides for U.S. opposition to assistance to terrorist countries by international financial institutions. Prohibits bilateral assistance to such countries. Releases a certain amount of ESF assistance to Honduras in consideration of the Honduran Government's good faith effort to settle the Ramirez case. Provides that if a settlement of such case is reached an additional amount of funds should be released for Honduras. Earmarks specified amounts of ESF assistance for: (1) scholarships to disadvantaged South Africans; and (2) Bolivia, Ecuador, Jamaica, and Peru. Earmarks additional ESF assistance for narcotics control activities in Peru, Bolivia, Colombia, and Ecuador, subject to certain conditions. Makes funds available for Bolivia, Peru, Colombia, Ecuador, and Jamaica to promote the production, processing, and marketing of products which can be economically produced in such countries. Earmarks a specified amount of foreign military financing for Bolivia, Peru, and Colombia. Prohibits such funds from being provided to any country whose government engages in consistent human rights violations. Earmarks a specified amount of funds for narcotics control law enforcement activities in Bolivia, Peru, Colombia, and Ecuador. Prohibits assistance to countries which fail to take steps to prevent illicit drugs from being sold to U.S. Government personnel or from entering the United States illegally. Earmarks specified amounts of assistance for AID for narcotics education and awareness programs and narcotics related assistance activities. Requires agreements for the sale or provision of articles on the U.S. Munitions List to expressly state that such articles will be provided only with the understanding that they will not be transferred to Cyprus or used to further the severance or division of Cyprus. Directs the President to report to the Congress when such articles are used for such purposes. Permits the commercial leasing of defense articles (other than major defense equipment) by Israel, Egypt, NATO countries, and major non-NATO allies if the President determines that there are compelling foreign policy or national security reasons for providing such articles by lease rather than by government-to-government sale. Prohibits assistance to the Khmer Rouge or non-Communist resistance in Cambodia. Earmarks a specified amount of ESF funds to support international activities for a peaceful resolution of the conflict in Cambodia and for resettlement and repatriation of displaced Cambodians and Cambodian refugees. Provides that all AID contracts and solicitations shall require U.S. marine insurance companies to have a fair opportunity to bid for marine insurance. Expresses the sense of the Congress that funds made available for the International Fund for Ireland should be allocated to programs which emphasize jobs creation in areas having the highest rates of unemployment. Prohibits the use of certain assistance provided under this Act for assistance to Afghanistan if such assistance would be provided through the Soviet-controlled government of Afghanistan. Requires at least 25 percent of ESF assistance for El Salvador to be used for certain projects and activities in accordance with the Foreign Assistance Act of 1961. Requires at least ten percent of development assistance and assistance for famine recovery and development in Africa (unless the AID Administrator determines otherwise) to be made available only for U.S. organizations and individuals that are: (1) business concerns or private organizations owned and controlled by socially and economically disadvantaged individuals; (2) historically black colleges or universities; and (3) colleges and universities in which more than 40 percent of the students are Hispanic American. Directs the Administrator to: (1) utilize the authority of the Small Business Act; (2) enter into contracts with small business concerns owned by socially and economically disadvantaged individuals using less than full and open competitive procedures; and (3) issue regulations requiring contracts in excess of $500,000 to provide that at least 10 percent of the contract shall be subcontracted to such organizations and individuals. Requires AID personnel with contracting authority to notify the AID Office of Small and Disadvantaged Business Utilization before advertising contracts in excess of $100,000. Directs the Administrator to include as part of the performance evaluation of any mission director such director's efforts to carry out such activities. Prohibits the United States from selling or making available Stinger missiles to any Persian Gulf country. Prohibits the provision of funds appropriated under this Act to any person undertaking an action prohibited by U.S. law. Authorizes nongovernmental organizations which receive AID economic assistance to invest any local currencies which accrue as a result of such assistance. Prohibits the location of U.S. stockpiles in any country other than South Korea, Thailand, a NATO member country, or a country which is a major non-NATO ally. Limits the dollar amount of additions to such stockpiles for FY 1991. Extends the period during which the President may waive prohibitions on assistance to Pakistan to April 1, 1992. Sets forth requirements for the maintenance of separate accounts for, and the use of, local currencies, cash transfers, and non-project sector assistance. Requires OPIC to support projects in Czechoslovakia, Poland, and Hungary which enhance the nongovernmental sector and reduce state involvement in the economy. Prohibits funding for any member of the Nicaraguan Resistance who is not disarmed and is not abiding by specified cease-fire agreements. Repeals a provision that prohibits assistance for victims of civil strife from being channeled through the Nicaraguan Government. Prohibits funding for any international financial institution that compensates a U.S. executive director at a rate in excess of that provided under the Executive Schedule. Prohibits the obligation of funds for the European Bank for Reconstruction and Development until the President reaches an agreement that accurately reflects the collectability of Polish Government debts to the United States and: (1) an IMF agreement is in effect with respect to Poland; (2) the recent change of the Polish Government into a democracy is being maintained; (3) the Polish Government is seeking comparable treatment of public and private external debt; and (4) final debt adjustment agreements accord comparable treatment to such debt. Amends the Arms Export Control Act to permit funds for foreign military credit sales to be used by a foreign country to make payments owed to the United States for credits or military loans. Prohibits more than 75 percent of funds allocated to a country for foreign military financing from being used for cash flow financing after FY 1993.

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