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22 U.S.C. § 286aa — Focus on low-income areas of Latin America and Caribbean
Federal law — U.S. Code and appendices · legal_authorities
The Secretary of the Treasury shall direct the United States Executive Director of the Bank to use the voice and vote of the United States to support an increased focus on the poorest countries in Latin America and the Caribbean, and on poorer areas of better off countries, and to support programs conducted by the Multilateral Investment Fund, particularly in targeting low-income countries and populations, working with nongovernmental organizations and training and assisting former combatants from civil conflicts in Latin America.
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Source file: Laws/federal/codes/united-states-code/title-22/section-286aa-focus-on-low-income-areas-of-latin-america-and-caribbean--9c0f529048.md
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Source location: Title 22, Chapter 7, § 286aa; chapter-007-international-bureaus-congresses-etc.md
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The Secretary of the Treasury shall direct the United States Executive Director of the Bank to use the voice and vote of the United States to support an increased focus on the poorest countries in Latin America and the Caribbean, and on poorer areas of better off countries, and to support programs conducted by the Multilateral Investment Fund, particularly in targeting low-income countries and populations, working with nongovernmental organizations and training and assisting former combatants from civil conflicts in Latin America.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, Pub. L. 99–440, § 3, Oct. 2, 1986, 100 Stat. 1087; Pub. L. 99–631, § 1(a)(2), Nov. 7, 1986, 100 Stat. 3515; Pub. L. 103–149, § 4(a)(3)(A), Nov. 23, 1993, 107 Stat. 1505, defined terms for purposes of this chapter.
#### Effective Date of Repeal
Repeal effective June 8, 1994, date on which President certified to Congress that interim government, elected on nonracial basis through free and fair elections, had taken office in South Africa, see section 4(a)(2) of Pub. L. 103–149, set out in a Repeal of Chapter; South African Democratic Transition Support note below.
#### Short Title
Pub. L. 99–440, § 1, Oct. 2, 1986, 100 Stat. 1086, provided that Pub. L. 99–440, which enacted this chapter and sections 2151o and 2346d of this title, amended sections 2151c and 2151n of this title and [section 635 of Title 12](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section635&num=0&edition=prelim), Banks and Banking, and enacted provisions set out as a note under [section 2346d of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2346d&num=0&edition=prelim), could be cited as the “Comprehensive Anti-Apartheid Act of 1986”, prior to repeal by Pub. L. 103–149, § 4(a)(2), Nov. 23, 1993, 107 Stat. 1505.
#### Repeal of Chapter; South African Democratic Transition Support
Pub. L. 103–149, Nov. 23, 1993, 107 Stat. 1503, provided that: “SECTION 1. SHORT TITLE.“This Act may be cited as the ‘South African Democratic Transition Support Act of 1993’. “SEC. 2. FINDINGS.“The Congress makes the following findings:“(1) After decades of apartheid, South Africa has entered a new era which presents a historic opportunity for a transition to a peaceful, stable, and democratic future. “(2) The United States policy o
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Federal law — U.S. Code and appendices · legal_authorities
For purposes of this Act, the terms “independent states of the former Soviet Union” and “independent states” mean the following: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
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Federal law — U.S. Code and appendices · legal_authorities
Page 190
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 286z
(2) instruct the United States Executive Di-
rector of the Fund to work for adoption of
policies in the Fund, both within the frame-
work of article IV (of the Articles of Agree-
ment of the Fund) consultations and with re-
spect to the conditions associated with Fund-
supported balance of payments adjustments
programs, which promote conditions contrib-
uting to the stability of exchange rates and
avoid the manipulation of exchange rates be-
tween major currencies. Among other initia-
tives, the Secretary of the Treasury shall pro-
pose strengthening the article IV consultation
procedures of the Fund to attempt to ensure
that countries which are artificially maintain-
ing undervalued or overvalued rates of ex-
change agree to adopt market determined ex-
change rates.
(b) In determining his vote on extensions of
assistance to any Fund borrower, the United
States Executive Director of the Fund shall
take into account whether such borrower’s poli-
cies are consistent with the requirements of ar-
ticle IV of the Articles of Agreement of the
Fund.
(July 31, 1945, ch. 339, § 40, as added Pub. L.
98–181, title I [title VIII, § 801], Nov. 30, 1983, 97
Stat. 1267.)
§ 286z. Collection and exchange of information
on monetary and financial problems
(a) Sense of Congress
It is the sense of the Congress that—
(1) the lack of sufficient information cur-
rently available to allow members of the Fund
to make sound and prudent decisions con-
cerning their public and private sector inter-
national borrowing, and to allow lenders to
make sound and prudent decisions concerning
their international lending, threatens the sta-
bility of the international monetary system;
and
(2) in recognition of the Fund’s duties
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