Hunger and Global Security Multilateral Development Bank Act

Summary

Hunger and Global Security Multilateral Development Bank Act - Amends the Federal provisions relating to U.S. participation in international development banks to direct the Secretary of the Treasury to consult with representatives of member countries of specified international development banks in order to establish guidelines which specify that by 1984 at least 50 percent of the annual lending by each such institution shall be designed to benefit needy people. Defines needy people as people whose incomes are insufficient for achieving a basic minimum standard of living. Directs the Secretary of the Treasury to report annually to Congress on the progress being made in aiding needy people on the proportion of lending by specified international development institutions which benefits needy people.

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1 official file

• Introduced in House

  summary · EN · 18 June 1981

  Open at official source

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