[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC286jj]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XV--INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION
AND DEVELOPMENT
Sec. 286jj. Partial guarantees in connection with debt reduction
for borrower countries
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development to initiate discussions with other directors of such bank
and to propose that such bank establish criteria under which such bank
would provide partial guarantees on debt service payments by borrower
countries to private creditors when such guarantees would serve a
catalytic role in facilitating final agreement on financing packages
which involve significant debt reduction.
(Pub.
