Title 22 › CHAPTER 32 — FOREIGN ASSISTANCE › SUBCHAPTER I — INTERNATIONAL DEVELOPMENT › Part I — Declaration of Policy; Development Assistance Authorizations › § 2151aa
The Secretary of the Treasury is allowed to set up a program within 150 days after October 21, 1998 to give technical help to foreign governments and foreign central banks in developing or transitional countries. The Secretary of State will give foreign policy guidance. The program must send expert advisers and provide training, grants, study tours, and other services to help these countries make laws and build institutions that support stable budgets, fair tax systems, market-based debt and banking, good financial law enforcement, transparent markets, and sustainable private-sector growth. The help must also include steps to fight corruption and protect fair competition. The Treasury Secretary must use a clear method to pick who gets help and must get the State Department’s agreement on each selection and its cost. The Secretary must consult other U.S. agencies and international financial institutions to avoid duplicate work, follow USAID planning, and set up a program evaluation. The Secretary can move or share funds with other agencies, hire people for work abroad, rent offices for up to 5 years, buy vehicles for use overseas if needed, cover travel and living costs for participants, and make grants or contracts with groups at home or abroad. The Secretary can stop help once the country has passed laws or set up institutions that achieve the program’s goals. A report to key House and Senate committees must be sent within 3 months after October 21, 1998 and every 6 months after that. Congress authorized $5,000,000 for fiscal year 1999, available until spent.
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Foreign Relations and Intercourse, Source: USLM XML via OLRC
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Reference
Citation
22 U.S.C. § 2151aa
Title 22, Foreign Relations and Intercourse
Last Updated
Sep 22, 2026
Release point: 119-110