assistance to former portuguese colonies in africa

assistance to former portuguese colonies in africa Sec. 314. Section 496 of the Foreign Assistance Act of 1961 is amended— (1) by inserting “(a)” immediately after the section caption: (2) by striking out “$5,000,000” and inserting in lieu thereof “$7,750,000”; ‘ (3) by striking out “$20,000,000” and inserting in lieu thereof “$17,250,000”; and 89 STAT. 867 (4) by adding at the end thereof the following new subsections: “(b) Notwithstanding the provisions of section 620(r) of this Act, the United States is authorized to forgive the liability incurred by the Government of the Cape Verde Islands for the repayment of a $3,000,000 loan on June 30, 1975. “(c) The President is authorized to use up to $30,000,000 of the funds made available under this part for the fiscal year 1976, in addition to funds otherwise available for such purposes, to provide development assistance in accordance with chapter 1 or relief and rehabilitation assistance in accordance with chapter 9 (including assistance through international or private voluntary organizations) to countries and colonies in Africa which were, prior to April 25, 1974, colonies of Portugal.”.