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22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 7681

Report on expansion of debt relief to non-HIPC countries

Ch. 83 — UNITED STATES LEADERSHIP AGAINST HIV/AIDS, TUBERCULOSIS, AND MALARIA
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 83
Statutory Text

22 U.S.C. § 7681 — Report on expansion of debt relief to non-HIPC countries

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 83 - UNITED STATES LEADERSHIP AGAINST HIV/AIDS, TUBERCULOSIS, AND MALARIA SUBCHAPTER V - INTERNATIONAL FINANCIAL INSTITUTIONS Sec. 7681 - Report on expansion of debt relief to non-HIPC countries From the U.S. Government Publishing Office, www.gpo.gov

§7681. Report on expansion of debt relief to non-HIPC countries

(a) In general Not later than 90 days after May 27, 2003, the Secretary of the Treasury shall submit to Congress a report on— (1) the options and costs associated with the expansion of debt relief provided by the Enhanced HIPC Initiative to include poor countries that were not eligible for inclusion in the Enhanced HIPC Initiative; (2) options for burden-sharing among donor countries and multilateral institutions of costs associated with the expansion of debt relief; and (3) options, in addition to debt relief, to ensure debt sustainability in poor countries, particularly in cases when the poor country has suffered an external economic shock or a natural disaster. (b) Specific options to be considered Among the options for the expansion of debt relief provided by the Enhanced HIPC Initiative, consideration should be given to making eligible for that relief poor countries for which outstanding public and publicly guaranteed debt requires annual payments in excess of 10 percent or, in the case of a country suffering a public health crisis (as defined in section 262p–8(e) of this title), not more than 5 percent, of the amount of the annual current revenues received by the country from internal resources. (c) Enhanced HIPC Initiative defined In this section, the term "Enhanced HIPC Initiative" means the multilateral debt initiative for heavily indebted poor countries presented in the Report of G–7 Finance Ministers on the Cologne Debt Initiative to the Cologne Economic Summit, Cologne, June 18–20, 1999.

(Pub. L. 108–25, title V, §502, May 27, 2003, 117 Stat. 749.)

Source: uscode.house.gov — public domain Official Source ↗
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22 U.S.C. § 7681
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The statutory text of 22 U.S.C. § 7681 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 22 U.S.C. § 7674 22 U.S.C. § 7682 →
Ch. 83 — UNITED STATES LEADERSHIP AGAINST HIV/AIDS, TUBERCULOSIS, AND MALARIA
22 U.S.C. § 760122 U.S.C. § 760222 U.S.C. § 760322 U.S.C. § 760422 U.S.C. § 761122 U.S.C. § 761222 U.S.C. § 7612a22 U.S.C. § 762122 U.S.C. § 762222 U.S.C. § 762322 U.S.C. § 762422 U.S.C. § 763122 U.S.C. § 7631a22 U.S.C. § 763222 U.S.C. § 763322 U.S.C. § 763422 U.S.C. § 763522 U.S.C. § 763622 U.S.C. § 765122 U.S.C. § 765222 U.S.C. § 765322 U.S.C. § 765422 U.S.C. § 765522 U.S.C. § 767122 U.S.C. § 767222 U.S.C. § 767322 U.S.C. § 767422 U.S.C. § 768122 U.S.C. § 7682
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