Memorandum on Determination Pursuant to Section 554 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1988

Presidential Determination No. 88-8

Memorandum for the Honorable George P. Shultz, the Secretary of State

Pursuant to Section 554 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1988 (as enacted in Public Law 100-202), I hereby certify that the withholding of funds to multilateral development banks and other international organizations and programs pursuant to the limitation contained therein, prohibiting the obligation of funds appropriated by the Act to finance indirectly any assistance or reparations to certain specified countries, is contrary to the national interest.

This determination shall be published in the Federal Register.

RONALD REAGAN

THE WHITE HOUSE,

Washington, January 29, 1988.