Loan Guarantees to Israel Program

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Part V

The President

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Presidential Determination No. 94-57--
Loan Guarantees to Israel Program

Presidential Determination No. 94-59--Delegation of Authority Under
Section 538 of the Foreign Operations, Export Financing, and Related
Programs Appropriations Act, 1995

Proclamation 6734--National Children's Day

Proclamation 6735--Leif Erikson Day

Proclamation 6736--Fire Prevention Week

Proclamation 6737--Columbus Day

Proclamation 6738--National School Lunch Day

Federal Register
Vol. 59, No. 197
Thursday, October 13, 1994

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Title 3--
The President
Presidential Determination No. 94-57 of September 30,
1994

Loan Guarantees to Israel Program

Memorandum for the Secretary of State

Pursuant to the authority vested in me by section
226(b) and section 614(a)(1) of the Foreign Assistance
Act of 1961, as amended (``the Act''), 22 U.S.C.
2186(b) and 22 U.S.C. 2364(a)(1), respectively, I
hereby determine that:

(1) $311.8 million of loan guarantee authority pursuant
to section 226(a) and (b) of the Act for Fiscal Year
1995 is subject to the deduction requirements of
section 226(d) of the Act; and
(2) it is important to the security interests of the
United States that the aforementioned amount shall be
reduced by $95 million without regard to the deduction
requirement of section 226(d) of the Act or any other
provision of law within the scope of section 614 of the
Act;

Therefore, I hereby direct that such $95 million in
loan guarantee authority shall remain available
pursuant to section 226(a) and (b) of the Act and that
$216.8 million in loan guarantee authority shall be
deducted pursuant to section 226(d) of the Act.

You are hereby authorized and directed to transmit this
determination to the Congress and to publish it in the
Federal Register.

(Presidential Sig.)>

THE WHITE HOUSE,

Washington, September 30, 1994.