BRIEFING OF DCI ON U.S. FOREIGN ASSISTANCE PROGRAM

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP70T00666R000200110026-4
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 12, 2016
• Document Release Date: August 23, 2002
• Sequence Number: 26
• Publication Date: January 14, 1966
• Content Type: MEMO

Approved For Release 2002/09/05 : CIA-RDP70T00666R000200110026-4
14 January 1966
MEMORANDUM FOR: Director of Research and Reports
THEOUGH: Chief, Economic Research Area
SUBJECT: Briefing of DCI on U.S. Foreign Assistance Program
1. The briefing appeared to come off without difficulty. We did
take about 20 minutes but almost half of the time was consumed with
questions and discussion of the presentation. There were no questions
that had to be carried over to an independent paper or sent in after
the briefing. The Director evinced interest in three directions which
would constitute a continuation or expansion of the briefing but
indicated that there obviously was not time to treat those this morn-
ing. They are:
a. A specific interest in the impact of the Aid Program on
the American economy and balance of payments situation. He was
interested in what this did for American industry and American agri-
culture. Equally, he was interested in what the throwback or
repayment levels were in more detail and how this related to balance
of payments.
b. He was interested in the impact of the program in the
recipient countries. He pointedly indicated that he thought it ought
to buy us more goodwill, more acquiescence for joint political product
than it apparently does. (This problem might be dealt with individ-
ually in some of the country briefings.)
c. He indicated an interest at some time of going through
the international financial institutions and discovering what their
loan arrangements were, which ones undertook what type loans and the
extent of U.S. participation, both flowing out and flowing in, from
this activity.
2. Attached is a copy of the notes on which the briefing was
STAT
STA
Approved For Release 2002/09/05 : CIA-RDP70T00666R000200110026-4