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22 U.S.C. § 286e-12 - U.S. Code - Unannotated Title 22. Foreign Relations and Intercourse § 286e-12. Contribution to Interest Subsidy Account of Enhanced Structural Adjustment Facility of International Monetary Fund

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)Contribution authorized

(1)In general

Subject to paragraph (2), the United States Governor of the Fund may contribute $150,000,000 to the Interest Subsidy Account of the Enhanced Structural Adjustment Facility of the Fund on behalf of the United States.

(2)Condition

The United States Governor of the Fund may not make a commitment to contribute any amount authorized to be contributed under paragraph (1) before an amount equal to such amount has been appropriated for such purpose.

(b)Limitation on authorization of appropriations

To pay for the contribution authorized by subsection (a), there are authorized to be appropriated not to exceed $150,000,000, without fiscal year limitation, for payment by the Secretary of the Treasury.

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Cite this article: FindLaw.com - 22 U.S.C. § 286e-12 - U.S. Code - Unannotated Title 22. Foreign Relations and Intercourse § 286e-12. Contribution to Interest Subsidy Account of Enhanced Structural Adjustment Facility of International Monetary Fund - last updated January 01, 2024 | https://codes.findlaw.com/us/title-22-foreign-relations-and-intercourse/22-usc-sect-286e-12/

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