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Code · STATUTE-COMPILATIONS · African Development Fund Act · Sec. 220

Sec. 220. MULTILATERAL DEBT RELIEF INITIATIVE

126 words·~1 min read·/statute-compilations/comps-1334/sec-220

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## SEC. 220 MULTILATERAL DEBT RELIEF INITIATIVE **[**[22 U.S.C. 290g–19](/us/usc/t22/s290g–19)**]** ###
(a)The Secretary of the Treasury is authorized to contribute, on behalf of the United States, not more than $26,000,000 to the African Development Fund for the purpose of funding debt relief under the Multilateral Debt Relief Initiative in the period governed by the eleventh replenishment of resources of the African Development Fund, subject to obtaining the necessary appropriations and without prejudice to any funding arrangements in existence on the date of the enactment of this section. ###
(b)In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, not more than $26,000,000 for payment by the Secretary of the Treasury.
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  • 22 USC 290g–19
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Sec. 220
MULTILATERAL DEBT RELIEF INITIATIVE
Cite22 USC 290g–19
Cites 1Cited by 0 across 0 sources
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