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22 U.S.C. § 5333 — IMF-World Bank review

submitted 38 years ago by Pub. L. 100-418 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 183 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section requires the United States Governor of the International Monetary Fund and the World Bank to request reviews of specified IMF and World Bank policies. It requires a report on the results.

(a) IMF review The United States Executive Director of the International Monetary Fund must request the management of the International Monetary Fund to prepare a review and analysis of the debt burden of the developing countries, with particular attention to alternatives for dealing with the debt problem including new lending instruments, rescheduling and refinancing of existing debt, securitization and debt conversion techniques, discounted debt repurchases, and the International Debt Management Authority described in section 5331 of this title no later than 1 year after August 23, 1988 . (b) World Bank review The United States Executive Director to the International Bank for Reconstruction and Development must request the management of the International Bank for Reconstruction and Development to prepare a review and analysis of the debt burden of the developing countries, with particular attention to alternatives for dealing with the debt problem including new lending instruments, rescheduling and refinancing of existing debt, securitization and debt conversion techniques, discounted debt repurchases, and the International Debt Management Authority described in section 5331 of this title no later than 1 year after August 23, 1988 .

the actual law source: uscode.house.gov ↗public domain
(a) IMF review

The United States Executive Director of the International Monetary Fund shall request the management of the International Monetary Fund to prepare a review and analysis of the debt burden of the developing countries, with particular attention to alternatives for dealing with the debt problem including new lending instruments, rescheduling and refinancing of existing debt, securitization and debt conversion techniques, discounted debt repurchases, and the International Debt Management Authority described in section 5331 of this title no later than 1 year after August 23, 1988.

(b) World Bank review

The United States Executive Director to the International Bank for Reconstruction and Development shall request the management of the International Bank for Reconstruction and Development to prepare a review and analysis of the debt burden of the developing countries, with particular attention to alternatives for dealing with the debt problem including new lending instruments, rescheduling and refinancing of existing debt, securitization and debt conversion techniques, discounted debt repurchases, and the International Debt Management Authority described in section 5331 of this title no later than 1 year after August 23, 1988.

Source credit: (Pub. L. 100–418, title III, § 3113, Aug. 23, 1988, 102 Stat. 1378.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 100-418 · 102 Stat. 1378

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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