Title 22 — Foreign Relations and IntercourseRelease 119-73

§5333 IMF-World Bank review

Title 22 › Chapter CHAPTER 62— - INTERNATIONAL FINANCIAL POLICY › Subchapter SUBCHAPTER II— - INTERNATIONAL DEBT › Part Part B— - International Debt Management Authority › § 5333

Last updated Apr 6, 2026|Official source

Summary

The U.S. representatives to the International Monetary Fund and to the World Bank must ask those institutions’ managers to prepare a study of the debt problems facing developing countries. The study should look at options like new loan tools, rescheduling or refinancing, securitization and debt-conversion techniques, discounted debt buybacks, and the International Debt Management Authority described elsewhere in the law. They must request this within one year after August 23, 1988 (by August 23, 1989).

Full Legal Text

Title 22, §5333

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The United States Executive Director of the International Monetary Fund shall request the management of the International Monetary Fund to prepare a review and analysis of the debt burden of the developing countries, with particular attention to alternatives for dealing with the debt problem including new lending instruments, rescheduling and refinancing of existing debt, securitization and debt conversion techniques, discounted debt repurchases, and the International Debt Management Authority described in section 5331 of this title no later than 1 year after August 23, 1988.

(b)The United States Executive Director to the International Bank for Reconstruction and Development shall request the management of the International Bank for Reconstruction and Development to prepare a review and analysis of the debt burden of the developing countries, with particular attention to alternatives for dealing with the debt problem including new lending instruments, rescheduling and refinancing of existing debt, securitization and debt conversion techniques, discounted debt repurchases, and the International Debt Management Authority described in section 5331 of this title no later than 1 year after August 23, 1988.

Reference

Citations & Metadata

Citation

22 U.S.C. § 5333

Title 22 — Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73