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§ 283z-6. —  Investment in human capital.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC283z-6]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
             SUBCHAPTER XII--INTER-AMERICAN DEVELOPMENT BANK
 
Sec. 283z-6. Investment in human capital


(a) In general

    The Secretary of the Treasury shall instruct the United States 
Executive Director of the Inter-American Development Bank to propose and 
use the voice and vote of such director, during the 4-year period 
beginning on January 1, 1990, to vigorously promote an increase in the 
proportion of Bank lending in support of projects and programs which 
support investments in human capital and to seek the rapid 
implementation by the Bank of systematic mechanisms of consultation with 
locally affected populations in borrower countries either directly or 
through appropriate representative non-governmental organizations.

(b) ``Investments in human capital'' defined

    As used in subsection (a) of this section, the term ``investments in 
human capital'' means investments in projects, policies, and programs 
designed to improve urban and rural health care and sanitation, basic 
nutrition, education, the small-producer private sector, the economic 
activities of women, and the development of indigenous non-governmental 
organizations.

(Pub. L. 86-147, Sec. 34, as added Pub. L. 101-240, title II, 
Sec. 202(a), Dec. 19, 1989, 103 Stat. 2498.)


                           Report to Congress

    Section 202(b) of Pub. L. 101-240 provided that: ``The Chairman of 
the National Advisory Council on International Monetary and Financial 
Policies shall include in the report required by section 1701 of the 
International Financial Institutions Act [22 U.S.C. 262r] for fiscal 
year 1991 a report on the efforts undertaken by the United States 
Executive Director of the Inter-American Development Bank, and the 
progress to date, in achieving the objectives of section 34 of the 
Inter-American Development Bank Act [22 U.S.C. 283z-6].''



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