title vi—alliance for progress

title vi—alliance for progress Sec. 106. Title VI of chapter 2 of part I of the Foreign Assistance Act of 1961, as amended, which relates to the Alliance for Progress, is amended as follows: (a) Section 251(h) of the Foreign Assistance Act of 1961, as amended, which relates to transfers to international lending institutions, is amended as follows: (1) Immediately after “named in section 205” insert “(other than the Asian Development Bank)”. (2) Immediately after “for use” insert “in Latin America”. (b) Section 252, which relates to authorization, is amended as follows: (1) In the first sentence strike out “and for each of the fiscal years 1968 and 1969, $750,000,000” and substitute “and for the fiscal year 1968, $578,000,000”. 81 Stat. 452 (2) The second sentence is hereby repealed. (3) In the third sentence strike out “June 30, 1969” and substitute “June 30, 1968”. (4) Insert “(a)” immediately after “Sec. 252. Authorization.—” and at the end thereof add the following new subsection: “(b) There is hereby authorized to be appropriated to the President for the fiscal year 1968, $714,000 for grants to carry out programs and activities of the Partners of the Alliance in accordance with the purposes of this title.”