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Title 22 — Foreign Relations and IntercourseRelease 119-73

§283z–6 Investment in human capital

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XII— - INTER-AMERICAN DEVELOPMENT BANK › § 283z–6

Last updated Apr 6, 2026|Official source

Summary

The Treasury Secretary must tell the U.S. director at the Inter‑American Development Bank to use their vote and voice during the 4‑year period beginning January 1, 1990, to push the Bank to increase the share of its loans for projects that build people’s skills and health and to quickly set up regular ways to consult local people in borrower countries, directly or through representative NGOs. "Investments in human capital" here means projects, policies, and programs to improve urban and rural health and sanitation, basic nutrition, education, support for small producers, women’s economic activities, and the growth of local non‑governmental organizations.

Full Legal Text

Title 22, §283z–6

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)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)As used in subsection (a), 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.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Report to Congress Pub. L. 101–240, title II, § 202(b), Dec. 19, 1989, 103 Stat. 2498, provided that the Chairman of the National Advisory Council on International Monetary and Financial Policies would include in the report required by section 262r of this title for fiscal year 1991 a report on the efforts undertaken by the United States Executive Director of the Inter-American Development Bank in achieving the objectives of this section.

Reference

Citations & Metadata

Citation

22 U.S.C. § 283z–6

Title 22 — Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73