Declassified per Executive Order 13526, Section 3.3
NND Project Number: NND 63316. By: NWD Date: 2011
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III. FINANCIAL PLAN TO SUPPORT THE SPECIAL ACTION PROGRAM
Once tho security problem is in hand and the nation's resources can be devoted to peaceful pursuits, Viet Nam will move rapidly toward a viable, prosperous economy with a progressively higher standard of living. In order to attain this desired situation, the present emergency requirements - military, economic, social and financial - must be met by mobilizing and combining domestic and external resources more effectively.
The following table, based on the action program set forth in Section II, indicates the financial magnitudes involved.
Summary of Additional Costs for Programs[1]
(July 1961 - December 1962)
| US $ (millions) |
VN Piasters (billions) | |
| Military-Security | 42. | 3.7 |
| Emergency Economic-Social | 13.5 | 1.8 |
| Longer-range Development | 30. | 1.0 |
| Total | 85.5 | 6.5 |
A. EXTERNAL REQUIREMENTS
The domestic resources which are immediately available are in themselves inadequate to meet and overcome the Communist threat. Supplementary external support directly keyed to the phased utilization of local resources must therefore be provided to enhance the effectiveness of the joint action. Funding of this input has a major impact on the problem of generating piasters.
- ↑ These estimates are subject to further study to determine technical feasibility and precise amounts.
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