To prevent loans for Iraq from the International Monetary Fund or the International Bank for Reconstruction and Development from being used to pay off Iraq's creditors.

Summary

Amends the Bretton Woods Agreements Act to require the Secretary of the Treasury to instruct the Executive Director of the International Monetary Fund and the Executive Director of the International Bank for Reconstruction and Development to oppose any loans by the Fund or the Bank to the Government of Iraq unless the Secretary determines that there are sufficient safeguards to prevent loan proceeds from being used to reimburse any government or individual for losses arising from credit extended to the Government of Iraq.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 June 2003

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• Introduced in House (PDF)

  Introduced in House · EN · 4 June 2003

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• Introduced in House

  summary · EN · 4 June 2003

  Open at official source

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