Sec. 906. Opposition of the United States to International Monetary Fund loan to a country whose public debt is not likely to be sustainable in the medium term
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Section 68(a) of the Bretton Woods Agreements Act ( 22 U.S.C. 286tt(a) ) is amended— in paragraph (2), by inserting after the comma the following: or a staff analytical report of the Fund states that there is not a high probability that the public debt of the country is sustainable in the medium term, ; and by adding at the end the following: The Secretary of the Treasury may waive paragraph
(2)on a case-by-case basis if the Secretary provides a written certification to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate that the waiver is important to the national interest of the United States, and includes with the certification a written statement of the reasons therefor. . This section shall cease to have force or effect 10 years after the date of the enactment of this Act.
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Sec. 906
Opposition of the United States to International Monetary Fund loan to a country whose public debt is not likely to be sustainable in the medium term
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