U.S. FOREIGN AID
(Rec. 8 p.m.) WASHINGTON, April 17.
President Eisenhower yesterday ordered the creation of a semiindependent agency in the State Department to take over and run the foreign aid programmes of the United States.
The new organisation will be known as the International Co-operation Administration. It will take over the work of the Foreign Operations Administration, which will go out of existence on June 30.
Mr Eisenhower said an. executive order formally transferring most aid operations to the State Department would be issued in a few days. About the same time, the President is expected to ask Congress for 3,700,000,000 dollars (about £1,342,000,000) in new aid funds—mostly for Asia.
Both actions will occur about the time the conference of African and Asian nations is being held in Bandung. The hope in Washington is that the nations in Bandung will be less likely to accept an anti-United States line if they know the United States is expanding its Asian aid programme.
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Press, Volume XCI, Issue 27637, 19 April 1955, Page 13
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162U.S. FOREIGN AID Press, Volume XCI, Issue 27637, 19 April 1955, Page 13
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