Political Quotes

Bill Clinton: Well, first of all, we've not finalized the amount of the aid package. We're working on it now, and we're going to get…

On the recordApril 20, 1994
Well, first of all, we've not finalized the amount of the aid package. We're working on it now, and we're going to get as much money as we can during this fiscal year from funds that are idle in the appropriate accounts. That is, there are some--we are looking, we are scouring the Government accounts for things, money that won't be spent that we can put into this. And we will do as much as we possibly can. South Africa is a country of 40 million people where 7 million are homeless, for all practical purposes. There is an enormous amount to be done. If you look at it in the larger sense, if you look at the amount of investment we have, we have only a billion dollars invested now in South Africa since the advent of the sanctions--and I'm glad that I could lift the sanctions--but a billion dollars. In the early eighties we had $3 billion. And one of the things that I intend to do in June with this conference that Secretary Brown is having is to do everything I can to accelerate return of American investment to the levels of the early eighties, and then to exceed that, because we know, as a practical matter, if you look at the incredible human and natural resources of South Africa, that there would be more American money, private sector American money than Government money. Now, next year and the year after--we're going to stay after this thing on a multiyear basis--we may be able to do better. But I think, given the condition of our budget laws and where the money is right now and the fact that we're in the middle of a fiscal year, we're going to do quite well.
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Bill Clinton
Democratic · Arkansas

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