Food For Peace replaces dollars in overseas jobs
The United States uses surplus American food to fund and replace dollars in foreign projects. Since 1954 the program moved over 11.4 billion dollars in farm products abroad, with many recipients paying in local currencies to support bridges, housing, schools, defense facilities, and other urgent needs.
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Dollar Aid Backing Global Food Program Loans
The United States has loaned back $4.5 billion of foreign currencies earned from food shipments to recipient countries. This financing supports economic development and stabilizes postwar recovery.
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U. S
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