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The OPIC Blog

1982: OPIC Repays the U.S. Government

Ellen Lytton is Manager of OPIC’s Information Center

In the early 1980s OPIC returned its original start-up appropriations totaling $106 million to the U.S. Treasury. In 1982, Craig Nalen, then President of OPIC, met with President Ronald Reagan and presented the president with a check for $50 million.

The following year another check in the amount of $56 million was presented to Treasury Secretary Donald T. Regan.

Click on the title of the post to watch a video of President Reagan accepting OPIC’s check.

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