Title 22Foreign Relations and IntercourseRelease 119-73

§283z–8 Increase in lending to Caribbean

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XII— - INTER-AMERICAN DEVELOPMENT BANK › § 283z–8

Last updated Apr 6, 2026|Official source

Summary

Secretary of the Treasury must tell the U.S. Executive Director to seek more Bank lending to the Caribbean, directly or through intermediaries. The loans must fund projects (1) strengthening regional ties, diversifying industries, raising factory and farm output, and improving infrastructure; and (2) promoting fair, environmentally sustainable growth.

Full Legal Text

Title 22, §283z–8

Foreign Relations and Intercourse — Source: USLM XML via OLRC

The Secretary of the Treasury shall instruct the United States Executive Director of the Bank to enter into discussions with the management of the Bank and with other member country governments to seek to increase Bank lending to the Caribbean region, directly or through appropriate financial intermediaries, for viable projects which will—
(1)result in expanded regional economic integration, diversification, and industrial and agricultural production, and improved infrastructure; and
(2)seek to ensure equitable and environmentally sustainable economic growth.

Reference

Citations & Metadata

Citation

22 U.S.C. § 283z–8

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73