Title 22, Foreign Relations and IntercourseRelease 119-102

§290g–19 Multilateral Debt Relief Initiative

Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XXII — AFRICAN DEVELOPMENT FUND › § 290g–19

Last updated Aug 21, 2026|Official source

Summary

The Secretary of the Treasury may give up to $26,000,000 to the African Development Fund to pay for debt relief under the Multilateral Debt Relief Initiative during the Fund’s eleventh replenishment. That payment can only happen if Congress provides the needed funds, and it must not change any funding deals that were in place on June 24, 2009. To cover that contribution, up to $26,000,000 may be appropriated with no fiscal year limit for payment by the Secretary of the Treasury.

Full Legal Text

Title 22, §290g–19

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)The Secretary of the Treasury is authorized to contribute, on behalf of the United States, not more than $26,000,000 to the African Development Fund for the purpose of funding debt relief under the Multilateral Debt Relief Initiative in the period governed by the eleventh replenishment of resources of the African Development Fund, subject to obtaining the necessary appropriations and without prejudice to any funding arrangements in existence on June 24, 2009.

(b)In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, not more than $26,000,000 for payment by the Secretary of the Treasury.

Reference

Citations & Metadata

Citation

22 U.S.C. § 290g–19

Title 22, Foreign Relations and Intercourse

Last Updated

Aug 21, 2026

Release point: 119-102