Treasury Bulletin November 1972
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S. GOVERNMENT WITHOUT PAYMENT OF DOLLARS Foreign cvirrencies reported herein in II.T). dollar equiv- alents were acquired without direct payment of dollars, for the most part in connection with foreign assistance and agri- cultural trade development programs authorized by various provisions of law. These currencies are generally referred to as "nonpurchased" foreign currencies to distinguish them from currencies purchased with dollars from banks or other commercial sources. The currencies are h...eld in the custody of The Department of the Treasury until such time as they are either sold for dollars to Ciovernment agencies or trans- ferred to Government agencies for expenditure without charge to appropriations, as specifically authorized by law.
Prior to July 1, 1953, foreign currencies acquired by Government agencies without direct payment of dollars gener- ally were available to the collecting agencies to defray operating expenses and were not subject to the regular appro- priation processes.
What to read after Treasury Bulletin November 1972?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
S. GOVERNMENT WITHOUT PAYMENT OF DOLLARS Foreign cvirrencies reported herein in II.T). dollar equiv- alents were acquired without direct payment of dollars, for the most part in connection with foreign assistance and agri- cultural trade development programs authorized by various provisions of law. These currencies are generally referred to as "nonpurchased" foreign currencies to distinguish them from currencies purchased with dollars from banks or other commercial sources. The currencies are h...eld in the custody of The Department of the Treasury until such time as they are either sold for dollars to Ciovernment agencies or trans- ferred to Government agencies for expenditure without charge to appropriations, as specifically authorized by law.
Prior to July 1, 1953, foreign currencies acquired by Government agencies without direct payment of dollars gener- ally were available to the collecting agencies to defray operating expenses and were not subject to the regular appro- priation processes.
What to read after Treasury Bulletin November 1972?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury to read onlineMoreLess
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