22 U.S.C. § 262p–14 — Support to enhance the capacity of fund members to evaluate the legal and financial terms of sovereign debt contracts

The Secretary of the Treasury must instruct the United States Executive Director at the International Monetary Fund to use America's voice and vote to push the Fund to do two things. First, promote international standards and best practices for sovereign debt contracts — agreements where governments borrow money. Second, give technical assistance to Fund member countries, especially lower middle-income countries and countries eligible for help from the International Development Association. The goal of this assistance is to help these countries better evaluate the legal and financial terms of debt contracts they sign with multilateral lenders, other governments, and private lenders.