Some development loans help create new markets, but many do not.

The bank, which was founded in Bangladesh, has been seen as a world model for that type of tiny economic development loan.

"A large part of our development loans go to outsiders," she was saying.

The Dutch Government agreed to provide a $450 million development loan.

Over the year, a total of 119 reconstruction and development loans were distributed among 38 countries.

Of the total, $1 billion represents development loans, and the Administration said it would cancel up to that amount.

Costs began to climb, interest rates on the proposed development loans soared, and the project was cancelled in 1969.

The House, for instance, would cut the administration's contribution to development loans by 40 percent.

The World Bank had been the largest source of development loans.

That, he said, would make Panama eligible for new development loans.