22 U.S.C. § 290g–19 — Multilateral Debt Relief Initiative

FEDERAL · 22 U.S.C. · Chapter 7

Multilateral Debt Relief Initiative

Current through Pub. L. 119-102

Title 22 — Foreign Relations and Intercourse·Ch. 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.·Subch. XXII

(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.

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(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.

22 U.S.C. § 290g–19 (Multilateral Debt Relief Initiative) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 94–302, title II, §220, as added Pub. L. 111–32, title XI, §1109(b), June 24, 2009, 123 Stat. 1901.)