298. Memorandum From Michael V. Forrestal of the National Security Council Staff to Secretary of State Rusk0
SUBJECT
- Emergency Assistance to Indonesia
On December 17, 1962 the President approved the proposal of the Department of State and the Agency for International Development for a $17-million loan to the Republic of Indonesia to finance the emergency importation of certain raw materials and spare parts for Indonesian industry. Procurement is to take place within the United States, and the loan is to be payable in dollars on such terms and conditions as the Department of State and the Agency for International Development deem advisable.
The President desires that any proposal for additional financial assistance to Indonesia be discussed with him before commitments are made.
- Source: Kennedy Library, National Security Files, Countries Series, Indonesia, Vol. III, 11/62–12/62. Secret. Also sent to the Acting Administrator of AID.↩