Title 22, Foreign Relations and IntercourseRelease 119-110

§5333 Imf-world Bank Review

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

Last updated Sep 22, 2026|Official source

Summary

The U.S. Executive Directors at the International Monetary Fund and at the World Bank must each ask their organization's management to prepare a review and analysis of the debt burden of developing countries. The reviews must look at options such as new lending tools, rescheduling or refinancing, securitization and debt-conversion techniques, discounted debt repurchases, and the International Debt Management Authority (described in section 5331), and the requests must be made no later than 1 year after August 23, 1988.

Full Legal Text

Title 22, §5333

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)IMF review
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)World Bank review
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

Sep 22, 2026

Release point: 119-110