2020 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 62 - International Financial Policy
Subchapter II - International Debt
Part A - Findings, Purposes, and Statement of Policy
Sec. 5324 - Statement of policy

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Citation 22 U.S.C. § 5324 (2020)
Section Name §5324. Statement of policy
Section Text

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.

Source Credit

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

Publication Title United States Code, 2018 Edition, Supplement 2, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 62 - INTERNATIONAL FINANCIAL POLICY
SUBCHAPTER II - INTERNATIONAL DEBT
Part A - Findings, Purposes, and Statement of Policy
Sec. 5324 - Statement of policy
Contains section 5324
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law No
Disposition standard
Statutes at Large References 102 Stat. 1376
Public Law References Public Law 100-418
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