Section 3 of the bill authorizes $300 million of economic assistance for Nicaragua to support the Chamorro Governments efforts to democratize. demilitarize. and develop the economy. Of this total amount. up to $128 million is authorized to support the efforts of the Government of Nicaragua and the private sector in Nicaragua to restore the productive capacity of the Nicaraguan economy through imports of agricultural equipment. petroleum and oil products. and materials and goods to rehabilitate existing facilities and stimulate new productive enterprise in the industrial and agricultural sectors. up to $50 million is authorized to assist Nicaragua in paying its $234 million in arrearages to International financial institutions. up to $75 million is authorized to assist in longerterm economic growth and development needs. and up to $47 million is authorized for assistance to support the demobilization and demilitarization process and to reintegrate former combatants. Nicaraguan refugees. and other Nicaraguans displaced by the conflict into the social. economic and political life of Nicaragua. The longerterm economic growth and development assistance authorized includes programs to repair. improve. and maintain existing public infrastructure such as schools. health clinics. roads. and community facilities. provision of medical equipment. commodities. training. and other support for the health sector. provision of assistance and training to improve Government administration and strengthen democratic institutions. provision of technical assistance and training to the private sector to permit the rehabilitation and modernization of private enterprise. support for education programs. and support for the agricultural sector. Let me provide one example of the kind of development assistance in the health sector which is contemplated by this authority.
Keywords matched
refugees