ExecutiveOrdersEO
DetDeterminationClinton · D

Presidential Determination

Transfer of $4.6 Million in FY 94 Foreign Military Financing Funds to the Economic Support Fund for Assistance for Guatemala as a Peace Fund

President Clinton transferred $4.6 million in FY 1994 Foreign Military Financing funds to the Economic Support Fund, creating a 'Guatemala Peace Fund' to provide economic assistance promoting peace and stability in Guatemala. The determination requires immediate congressional notification and was published in the Federal Register.

Federal Register 59 FR 51487
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Impact dates

  1. Federal Register publication

  2. Report determination immediately to Congress

Key directives

  • Transfer $4.6 million from Foreign Military Financing (Arms Export Control Act, section 23) to Economic Support Fund (Foreign Assistance Act, chapter 4, Part II)
  • Establish Guatemala Peace Fund for economic assistance to promote peace and stability
  • Report determination immediately to Congress
  • Publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Transfer of funds authorized
  • Congressional notification required
  • Federal Register publication

Near term (90d)

  • Guatemala Peace Fund established and available for economic assistance disbursement

Long term

  • Peace and stability programming in Guatemala

Risks & tensions

  • Reprogramming military financing to economic aid may face congressional scrutiny from defense hawks
  • Immediate reporting requirement suggests awareness of potential congressional concern
  • Vague 'peace and stability' objectives lack measurable benchmarks
  • Post-civil-war Guatemala context (Peace Accords signed 1996) makes timing notable though 1994 precedes final accords
Presidential Determination: Transfer of $4.6 Million in FY 94 Foreign Military Financing Funds to the Economic Support Fund for Assistance for Guatemala as a Peace Fund · Executive Orders