A bill to provide for participation by the United States in a capital increase of the International Bank for Reconstruction and Development and a replenishment of the African Development Fund, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

16 June 1988

Last action

—

Status

Read twice and referred to the Committee on Foreign Relations.

Summary

Amends the Bretton Woods Agreements Act to authorize the U.S. Governor of the International Bank for Reconstruction and Development to: (1) vote for an increase in the authorized capital stock of the Bank; and (2) subscribe on behalf of the United States to additional shares of such capital stock. Authorizes appropriations for such stock subscription. Amends the African Development Fund Act to authorize the U.S. Governor of the African Development Fund to contribute a specified amount to the fifth replenishment of the resources of the Fund. Authorizes appropriations for such contribution.

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Documents

1 official file

Introduced in Senate
summary · EN · 16 June 1988
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/senate-bill/2524
Open data entity: https://api.congress.gov/v3/bill/100/s/2524