Download PDF, EPUB, Kindle Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45
Download PDF, EPUB, Kindle Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45
Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45.cU S Government Accountability Office (G
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Author: U S Government Accountability Office (G
Number of Pages: 36 pages
Published Date: 16 May 2013
Publisher: Bibliogov
Publication Country: United States
Language: English
ISBN: 9781287171089
File size: 40 Mb
Download Link: Loan Guarantees Export Credit Guarantee Programs Costs Are High Ggd-93-45
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Pursuant to a congressional request, GAO reviewed the program costs of the Commodity Credit Corporation's (CCC) general sales manager (GSM) 102/103 programs, focusing on the programs': (1) estimated costs; and (2) effect on U.S. exports worldwide. GAO found that: (1) CCC had about $9.04 billion in outstanding GSM-102/103 guarantees on loan principal and $4.51 billion in accounts receivable resulting from loan guarantee payments on delinquent guaranteed loans; (2) the cumulative program costs are estimated at $6.5 billion out of a total of $13.55 billion; (3) CCC based credit guarantees on assessments of a country's agricultural needs, market development potential, and its credit history; (4) the high cost associated with the loans resulted from loans to high-risk countries; (5) CCC extended guarantees to high-risk countries because of market development reasons and foreign policy considerations; (6) GSM-102/103 program costs are expected to rise to $74 million annually; (7) extending guarantees to new program participants or increasing existing guarantees to high-risk participants could incur additional costs; and (8) there was no evidence that GSM-102/103 programs increased U.S. exports worldwide.
Read online Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45 Buy Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45 Download Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45 for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45
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Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45.cU S Government Accountability Office (G
Author: U S Government Accountability Office (G
Number of Pages: 36 pages
Published Date: 16 May 2013
Publisher: Bibliogov
Publication Country: United States
Language: English
ISBN: 9781287171089
File size: 40 Mb
Download Link: Loan Guarantees Export Credit Guarantee Programs Costs Are High Ggd-93-45
---------------------------------------------------------------
Pursuant to a congressional request, GAO reviewed the program costs of the Commodity Credit Corporation's (CCC) general sales manager (GSM) 102/103 programs, focusing on the programs': (1) estimated costs; and (2) effect on U.S. exports worldwide. GAO found that: (1) CCC had about $9.04 billion in outstanding GSM-102/103 guarantees on loan principal and $4.51 billion in accounts receivable resulting from loan guarantee payments on delinquent guaranteed loans; (2) the cumulative program costs are estimated at $6.5 billion out of a total of $13.55 billion; (3) CCC based credit guarantees on assessments of a country's agricultural needs, market development potential, and its credit history; (4) the high cost associated with the loans resulted from loans to high-risk countries; (5) CCC extended guarantees to high-risk countries because of market development reasons and foreign policy considerations; (6) GSM-102/103 program costs are expected to rise to $74 million annually; (7) extending guarantees to new program participants or increasing existing guarantees to high-risk participants could incur additional costs; and (8) there was no evidence that GSM-102/103 programs increased U.S. exports worldwide.
Read online Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45 Buy Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45 Download Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45 for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook Loan Guarantees : Export Credit Guarantee Programs Costs Are High: Ggd-93-45
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