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22 U.S.C. § 5324Statement of policy

submitted 38 years ago by Pub. L. 100-418 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 100 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

It is the policy of the United States that—

(1)

increasing growth in the developing world is a major goal of international economic policy;

(2)

it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt;

(3)

active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and

(4)

countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.

Source credit: (Pub. L. 100–418, title III, § 3104, Aug. 23, 1988, 102 Stat. 1376.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 100-418 · 102 Stat. 1376

A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-418 on 1988-08-23.

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