Title 22Foreign Relations and IntercourseRelease 119-73

§286x Assistance to private sector of El Salvador, Nicaragua, and other nations

Title 22 › Chapter CHAPTER 7— - INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter SUBCHAPTER XV— - INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION AND DEVELOPMENT › § 286x

Last updated Apr 6, 2026|Official source

Summary

Congress wants the Fund and the Bank, when giving loans or aid—especially to El Salvador and Nicaragua—to back private-sector programs that stabilize the economy, and U.S. representatives must promote that use.

Full Legal Text

Title 22, §286x

Foreign Relations and Intercourse — Source: USLM XML via OLRC

It is the sense of the Congress that in providing assistance through loans or other means to any nation, in particular El Salvador and Nicaragua, the Fund and the Bank should encourage programs which assist the private sector to create an environment which will stabilize the economy of the nation; and that the United States representatives to the Fund and the Bank shall promote the use of assistance by the Fund and the Bank to encourage such programs.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Section effective Oct. 7, 1980, see section 12 of Pub. L. 96–389, set out as a note under section 286s of this title.

Reference

Citations & Metadata

Citation

22 U.S.C. § 286x

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73