22 U.S.C. § 5324

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 5324 - Statement of policy

It is the policy of the United States that-

(1) increasing growth in the developing world is a major goal of international economic policy;

(2) it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt;

(3) active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and

(4) countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.

22 U.S.C. § 5324

Pub. L. 100-418, title III, §3104, Aug. 23, 1988, 102 Stat. 1376.