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22 U.S.C. § 2151y — Accelerated loan repayments; annual re-

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151y — Accelerated loan repayments; annual re-

Page 639 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2151aa The Foreign Assistance Act of 1961, referred to in sub- secs. (a) and (c), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424. Chapter 1 of part I and chapter 4 of part II of the Act are classified generally to part I (§ 2151 et seq.) of subchapter I and part IV (§ 2346 et seq.) of subchapter II, respectively, of this chapter. For provisions deeming references to part I of subchapter I to include a ref- erence to section 2293 of this title, see section 2293(d)(1) of this title. Subsec. (i) of section 481 of the Act was re- designated (e) by Pub. L. 102–583, § 6(b)(3), Nov. 2, 1992, 106 Stat. 4932. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. CODIFICATION Section was enacted as part of the Agricultural De- velopment and Trade Act of 1990, and also as part of the Food, Agriculture, Conservation, and Trade Act of 1990, and not as part of the Foreign Assistance Act of 1961 which comprises this chapter. § 2151y. Accelerated loan repayments; annual re- view of countries with bilateral concessional loan balances; priority of determinations re- specting negotiations with countries having balances; criteria for determinations The Administrator of the agency primarily re- sponsible for administering subchapter I of this chapter shall conduct an annual review of bilat- eral concessional loan balances and shall deter- mine and identify those countries whose finan- cial resources make possible accelerated loan re- payments. In particular, European countries that were recipients of concessional loans by predecessor agencies to the agency primarily re- sponsible for administering subchapter I of this chapter shall be contacte

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Page 639 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2151aa The Foreign Assistance Act of 1961, referred to in sub- secs. (a) and (c), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424. Chapter 1 of part I and chapter 4 of part II of the Act are classified generally to part I (§ 2151 et seq.) of subchapter I and part IV (§ 2346 et seq.) of subchapter II, respectively, of this chapter. For provisions deeming references to part I of subchapter I to include a ref- erence to section 2293 of this title, see section 2293(d)(1) of this title. Subsec. (i) of section 481 of the Act was re- designated (e) by Pub. L. 102–583, § 6(b)(3), Nov. 2, 1992, 106 Stat. 4932. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. CODIFICATION Section was enacted as part of the Agricultural De- velopment and Trade Act of 1990, and also as part of the Food, Agriculture, Conservation, and Trade Act of 1990, and not as part of the Foreign Assistance Act of 1961 which comprises this chapter. § 2151y. Accelerated loan repayments; annual re- view of countries with bilateral concessional loan balances; priority of determinations re- specting negotiations with countries having balances; criteria for determinations The Administrator of the agency primarily re- sponsible for administering subchapter I of this chapter shall conduct an annual review of bilat- eral concessional loan balances and shall deter- mine and identify those countries whose finan- cial resources make possible accelerated loan re- payments. In particular, European countries that were recipients of concessional loans by predecessor agencies to the agency primarily re- sponsible for administering subchapter I of this chapter shall be contacted to negotiate acceler- ated repayments. The criteria used by the Ad- ministrator in making these determinations shall be established in conjunction with the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate. (Pub. L. 87–195, pt. I, § 127, as added Pub. L. 96–53, title V, § 508(a), Aug. 14, 1979, 93 Stat. 379.) Statutory Notes and Related Subsidiaries REFERENCES TO SUBCHAPTER I DEEMED TO INCLUDE CERTAIN PARTS OF SUBCHAPTER II References to subchapter I of this chapter are deemed to include parts IV (§ 2346 et seq.), VI (§ 2348 et seq.), and VIII (§ 2349aa et seq.) of subchapter II of this chapter, and references to subchapter II are deemed to exclude such parts. See section 202(b) of Pub. L. 92–226, set out as a note under section 2346 of this title, and sections 2348c and 2349aa–5 of this title. EFFECTIVE DATE Section effective Oct. 1, 1979, see section 512(a) of Pub. L. 96–53, set out as an Effective Date of 1979 Amendment note under section 2151 of this title. NEGOTIATING EFFORTS CONCERNING ACCELERATED LOAN REPAYMENTS TO BE INCLUDED IN ANNUAL REPORTS ON FOREIGN ASSISTANCE FOR 1980 AND 1981 Pub. L. 96–53, title V, § 508(b), Aug. 14, 1979, 93 Stat. 379, which related to loan repayment provisions in re- ports, was repealed by Pub. L. 97–113, title VII, § 734(a)(3), Dec. 29, 1981, 95 Stat. 1560. § 2151z. Targeted assistance (a) Determination of target populations and strengthening United States assistance The President shall use poverty measurement standards, such as those developed by the Inter- national Bank for Reconstruction and Develop- ment, and other appropriate measurements in determining target populations for United States development assistance, and shall strengthen United States efforts to assure that a substantial percentage of development assist- ance under this part directly improves the lives of the poor majority, with special emphasis on those individuals living in absolute poverty. (b) Ultimate beneficiaries of activities To the maximum extent possible, activities under this part that attempt to increase the in- stitutional capabilities of private organizations or governments, or that attempt to stimulate scientific and technological research, shall be designed and monitored to ensure that the ulti- mate beneficiaries of these activities are the poor majority. (Pub. L. 87–195, pt. I, § 128, as added Pub. L. 97–377, title I, § 101(b)(2), Dec. 21, 1982, 96 Stat. 1832; amended Pub. L. 99–83, title III, § 312(a), Aug. 8, 1985, 99 Stat. 216.) Editorial Notes AMENDMENTS 1985—Pub. L. 99–83, in amending section generally, designated existing provisions as subsec. (a), sub- stituted provisions setting overall guidelines and prin- ciples for determination of target populations and strengthening United States assistance, for provisions relating to Presidential responsibility in carrying out this part in fiscal year 1983 for targeting assistance for those living in absolute poverty, and added subsec. (b). Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1985 AMENDMENT Amendment by Pub. L. 99–83 effective Oct. 1, 1985, see section 1301 of Pub. L. 99–83, set out as a note under sec- tion 2151–1 of this title. REPORT OF ADMINISTRATOR OF AGENCY FOR INTER- NATIONAL DEVELOPMENT TO CONGRESS BY JUNE 21, 1983, ON IMPLEMENTATION OF SECTION Pub. L. 97–377, title I, § 101(b)(2), Dec. 21, 1982, 96 Stat. 1832, provided in part that within six months after Dec. 21, 1982, the Administrator of the Agency for Inter- national Development would report to Congress on the implementation of this section, the types of projects determined to meet these requirements, and the effect on the overall United States foreign assistance pro- gram. Executive Documents DELEGATION OF FUNCTIONS For delegation of functions of President under this section, see Ex. Ord. No. 12163, Sept. 29, 1979, 44 F.R. 56673, as amended, set out as a note under section 2381 of this title. § 2151aa. Program to provide technical assist- ance to foreign governments and foreign cen- tral banks of developing or transitional countries (a) Establishment of program (1) In general Not later than 150 days after October 21, 1998, the Secretary of the Treasury, after consulta- tion with the Secretary of State and the Ad- ministrator of the United States Agency for

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151y — Accelerated loan repayments; annual review of countries with bilateral concessional loan balances; priority of determinations respecting negotiations with countries having balances; criteria for determinations

The Administrator of the agency primarily responsible for administering subchapter I of this chapter shall conduct an annual review of bilateral concessional loan balances and shall determine and identify those countries whose financial resources make possible accelerated loan repayments. In particular, European countries that were recipients of concessional loans by predecessor agencies to the agency primarily responsible for administering subchapter I of this chapter shall be contacted to negotiate accelerated repayments. The criteria used by the Administrator in making these determinations shall be established in conjunction with the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate.

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