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Code · STATUTE-COMPILATIONS · promote the foreign policy, security, and general welfare of the United States by assisting peoples of the world in their efforts toward economic development and internal and external security, and fo · Sec. 127

Sec. 127. Accelerated Loan Repayments

109 words·~1 min read·/statute-compilations/comps-1071/sec-127

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## Sec. 127 Accelerated Loan Repayments **[**[22 U.S.C. 2151y](/us/usc/t22/s2151y)**]** The Administrator of the agency primarily responsible for administering this part 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 this part 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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