Sec. 7302. Purposes
133 words·~1 min read·
/bill/113/hr/1793/ih/section-7302·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purposes of this subtitle are— to promote the private sector of partner countries while considering the development impact of investments and profitability of those investments, particularly in small- and medium-sized enterprises; to promote policies and practices conducive to strengthening the private sector through loans, microloans, equity investments, insurance, guaranties, grants, feasibility studies, technical assistance, training for businesses receiving investment capital, and other measures; to promote good corporate governance and transparency, foster competition, catalyze productivity improvements in existing businesses, and strengthen local capital markets; to promote stability and security through job creation in the private sector and by fostering upward economic mobility; and to promote fiscal sustainability through expanded private sector adherence to tax codes and, where appropriate, foster improvements in the tax code and regulatory environment in order to support economic development.