Title 22 — Foreign Relations and IntercourseRelease 119-73not60

§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 Apr 5, 2026|Official source

Summary

The U.S. Executive Directors at the International Monetary Fund and at the International Bank for Reconstruction and Development must ask their agencies to prepare a study of developing countries' debt no later than 1 year after August 23, 1988. The study must examine options like new lending tools; rescheduling or refinancing debt; securitization and debt-conversion methods; discounted debt buybacks; and the International Debt Management Authority (see section 5331).

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 5, 2026

Release point: 119-73not60