The Secretary of the Treasury shall instruct the United States Executive Director of the International Bank for Reconstruction and Development to initiate discussions with other directors of such bank and to propose that such bank establish criteria under which such bank would provide partial guarantees on debt service payments by borrower countries to private creditors when such guarantees would serve a catalytic role in facilitating final agreement on financing packages which involve significant debt reduction.
Pub. L. 100–461, title V, § 555102 Stat. 2268–36 (, , .)
Editorial Notes
Codification
Pub. L. 100–461Section is based on section 5 of H.R. 4645, One Hundredth Congress, as reported , and enacted into law by .
act July 31, 1945, ch. 339 59 Stat. 512 Section was not enacted as part of , , known as the Bretton Woods Agreements Act, which comprises this subchapter.