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Table 8:
Financial Situation of EPA as of June 30, 1957
Millions of
Millions
French francs*
of dollars
I.
Capital Payments
Initial payments by Member countries
3,500
$10.0
& the U.S.
Annual contributions of the OEEC (4
600
1.7
grants of 150 million francs)
U.S. contributions in European
400
1.1
currencies
Interest
150
0.4
Miscellaneous Receipts
50
0.1
Total:
4,700
$13.4
II. Drawings on Capital
Commitments for financing program
2,600t
$ 7.4
activities, 1953-57
General expenses 1953-57
1,400
4.0
(administrative services, rents,
etc.)
III. Available Capital as of June 30, 1957
700#
2.0
* All dollar equivalents are figured at the pre-devaluation rate of 350 francs
= US$ 1.00.
t 1,700 million francs ($4.9 million) had actually been spent by June 30, 1957.
The remaining 900 million francs ($2.5 million) represents future expenditure on
projects which have been adopted but are not yet completed.
# Available capital is capital uncommitted at June 30, 1957. Unspent capital at
the same date amounted to 1,600 million francs ($4.6 million)
C.
Program Costs and Typical Productivity Gains
94.
The overall costs of the Marshall Plan Productivity
Assistance program to 15 Western European countries over the ten
year period since its inception in 1948 through 1958, when the
Productivity Centers were still functioning, amounted to a total of
60
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"ocrText": "Table 8:\nFinancial Situation of EPA as of June 30, 1957\nMillions of\nMillions\nFrench francs*\nof dollars\nI.\nCapital Payments\nInitial payments by Member countries\n3,500\n$10.0\n& the U.S.\nAnnual contributions of the OEEC (4\n600\n1.7\ngrants of 150 million francs)\nU.S. contributions in European\n400\n1.1\ncurrencies\nInterest\n150\n0.4\nMiscellaneous Receipts\n50\n0.1\nTotal:\n4,700\n$13.4\nII. Drawings on Capital\nCommitments for financing program\n2,600t\n$ 7.4\nactivities, 1953-57\nGeneral expenses 1953-57\n1,400\n4.0\n(administrative services, rents,\netc.)\nIII. Available Capital as of June 30, 1957\n700#\n2.0\n* All dollar equivalents are figured at the pre-devaluation rate of 350 francs\n= US$ 1.00.\nt 1,700 million francs ($4.9 million) had actually been spent by June 30, 1957.\nThe remaining 900 million francs ($2.5 million) represents future expenditure on\nprojects which have been adopted but are not yet completed.\n# Available capital is capital uncommitted at June 30, 1957. Unspent capital at\nthe same date amounted to 1,600 million francs ($4.6 million)\nC.\nProgram Costs and Typical Productivity Gains\n94.\nThe overall costs of the Marshall Plan Productivity\nAssistance program to 15 Western European countries over the ten\nyear period since its inception in 1948 through 1958, when the\nProductivity Centers were still functioning, amounted to a total of\n60"
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