PUBLIC LAW 103-306—AUG. 23, 1994 108 STAT. 1617 (1) Of the funds made available by this or any other Act, not less than $75,000,000 should be made available for programs and activities for Armenia. (m) Of the funds made available by this or any other Act, not less than $50,000,000 should be made available for programs and activities for Georgia. (n) The President should establish a Trans-Caucasus Enterprise Fund. (o) The report required by subsection (d) under the heading "Assistance for the New Independent States of the Former Soviet Union", contained in Public Law 102-391, shall be updated at least annually and shall also contain a listing of all grants and contracts issued from funds appropriated annually for the new independent states of the former Soviet Union, to include for each grant and contract (1) a description of its purpose, (2) its amount, and (3) the country where the grant or contract funds are to be expended. (p) Not less than $50,000,000 of the funds appropriated under this heading should be made available for programs and activities which match United States private sector resources with Federal funds. (q) Within sixty days of enactment of this Act, the Administrator of the Agency for International Development shall report to the Committees on Appropriations on steps being taken to include individuals and organizations with language or regional expertise in the provision of assistance to the new independent states of the former Soviet Union. (r) Of the funds appropriated under this heading and under the heading "Assistance for Eastern Europe and the Baltic States", not to exceed $30,000,000 shall be made available for police training and exchanges, and investigative and technical assistance activities related to international criminal activities. (s) Of the funds appropriated under this heading, not less than 50 percent should be made available for country specific activities within bilateral, regional, or multilateral programs, except as provided through the regular notification procedures of the Committees on Appropriations. INDEPENDENT AGENCIES AFRICAN DEVELOPMENT FOUNDATION For necessary expenses to carry out the provisions of title V of the International Security and Development Cooperation Act of 1980, Public Law 96-533, and to make such contracts and commitments without regard to fiscal year limitations, as provided by section 9104, title 31, United States Code, $16,905,000: Provided, That, when, with the permission of the President of the Foundation, funds made available to a grantee under this heading are invested pending disbursement, the resulting interest is not required to be deposited in the United States Treasury if the grantee uses the resulting interest for the purpose for which the grant was made: Provided further. That this provision applies with respect to both interest earned before and interest earned after the enactment of this provision: Provided further, That notwithstanding section 505(a)(2) of the African Development Foundation Act, in exceptional circumstances the board of directors of the Foundation may waive the dollar limitation contained in that section with Reports. 22 USC 5814 note. Reports.