§ 9611. Statement of policy
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/usc/title-22/section-9611A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the policy of the United States to facilitate market-based private sector development and inclusive economic growth in less developed countries through the provision of credit, capital, and other financial support—
(1)to mobilize private capital in support of sustainable, broad-based economic growth, poverty reduction, and development through demand-driven partnerships with the private sector that further the foreign policy interests of the United States;
(2)to finance development that builds and strengthens civic institutions, promotes competition, and provides for public accountability and transparency;
(3)to help private sector actors overcome identifiable market gaps and inefficiencies without distorting markets;
(4)to achieve clearly defined economic and social development outcomes;
(5)to coordinate with institutions with purposes similar to the purposes of the Corporation to leverage resources of those institutions to produce the greatest impact;
(6)to provide countries a robust alternative to state-directed investments by authoritarian governments and United States strategic competitors using best practices with respect to transparency and environmental and social safeguards, and which take into account the debt sustainability of partner countries;
(7)to leverage private sector capabilities and innovative development tools to help countries transition from recipients of bilateral development assistance toward increased self-reliance; and
(8)to complement and be guided by overall United States foreign policy, development, and national security objectives, taking into account the priorities and needs of countries receiving support.
(Pub. L. 115–254, div. F, title I, § 1411, Oct. 5, 2018, 132 Stat. 3486.)
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- Public Law 116–260Making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes
- Public Law 115–253To amend title 18, United States Code, to clarify the meaning of the terms “act of war” and “blocked asset”, and for other purposes
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- 132 Stat. 3486
- Pub. L. 101–179, title III, § 302(b)
- 103 Stat. 1311
- Pub. L. 101–179, title III, § 302(c)
- Pub. L. 101–167
- section 2199(f) of this title
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§ 9611
Statement of policy
Bills×5
U.S.C.×4
Pub. L.×2
Stat.×2
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Stat.132 Stat. 3486
Pub. L.Pub. L. 101–179, title III, § 302(b)
Stat.103 Stat. 1311
Pub. L.Pub. L. 101–179, title III, § 302(c)
Pub. L.Pub. L. 101–167
Cites 7 · showing 6Cited by 14 across 5 sources