22 U.S.C. § 286oo
Principles for International Monetary Fund lending
United States · Title 22 — FOREIGN RELATIONS AND INTERCOURSE · Status: effective
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- Citation
- 22 U.S.C. § 286oo, Principles for International Monetary Fund lending, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/455478
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Full text
It is the policy of the United States to work to implement reforms in the International Monetary Fund (IMF) to achieve the following goals:
Lending from the general resources of the Fund should concentrate chiefly on short-term balance of payments financing.
Use of medium-term lending from the general resources of the Fund should be limited to a set of well-defined circumstances, such as—
Premium pricing should be introduced for lending from the general resources of the Fund, for greater than 200 percent of a member’s quota in the Fund, to discourage excessive use of Fund lending and to encourage members to rely on private financing to the maximum extent possible.
The Fund should have in place and apply systematically a strong framework of safeguards and measures to respond to, correct, and discourage cases of misreporting of information in the context of a Fund program, including—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Kentucky National Forest Land Transfer Act of 2000