Declassified per Executive Order 13526, Section 3.3
NND Project Number: NND 63316. By: NWD Date: 2011
TOP SECRET – Sensitive
As may be seen by comparing the totals above with the table on total U.S. aid, (ignoring the calendar year-fiscal year differences in accounting):
| A. | FY Economic Obligations 55-61 | 1543.6 |
| B. | FY 55-61 Economic Aid Expenditures | 1292.3 |
| C. | Local Currency Deposits | 1218.4 |
| D. | Withdrawals for Defense | 99.6 |
| CB is 94%; DB is 77%; CA is 79%; and DA is 65%. | ||
Approximately 94% of all money expended on U.S. aid found its way into counterpart funds, and of these expenditures about 77% went into the GVN defense budget. Hence, the GVN spent more than two-fifths of its total revenues, including over three-quarters of the funds it obtained from the U.S., on security.
The 23% or so of remaining U.S. economic aid was allocated principally to "project aid",
U.S. ECONOMIC AID TO VIETNAM
(Millions of Dollars)
| 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | |
| Total Economic FY Obligations |
322.4 | 210.0 | 282.2 | 189.1 | 207.4 | 182.0 | 150.5 |
| Total Project FY Obligations |
7.2 | 22.7 | 48.9 | 29.3 | 36.4 | 28.9 | 13.4 |
| %Project Aid | 2.2 | 10.8 | 17.3 | 15.5 | 17.6 | 16.0 | 8.9 |
| Source: | Montgomery, op.cit., 289. | ||||||
The 1959 Project Aid program was, like that of the other years, broken down among the following major categories:
