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Overseas Private Investment company history timeline

1996

1 Milton Friedman, letter to Representative John R. Kasich (R-OH), chairman, Committee on the Budget, United States House of Representatives, September 5, 1996.

In its annual report, OPIC claims to have created $9.6 billion in exports in 1996.

1997

13 Congressional Budget Office estimate of the budgetary effect of implementing the proposals outlined in Representative Andrews's bill, as provided to the House Budget Committee, January 29, 1997.

31 Mildred Callear, Statement before the Subcommittee on Tax, Finance, and Exports, Committee on Small Business, United States House of Representatives, 105th Cong., 1st Sess., May 15, 1997.

2000

The proposal favored by the Administration would authorize OPIC through 2000 and expand its ability to extend insurance and loans by 38 percent over a three-year period.4 An alternative to the Administration's proposal has been offered in both the House and the Senate.

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Overseas Private Investment may also be known as or be related to Insurance Department, OPIC - Overseas Private Investment Corporation, Overseas Private Investment, Overseas Private Investment Corporation and Overseas Private Investment Corporation (OPIC).