Calling on the International Bank for Reconstruction and Development to, and bank regulators to encourage banks to, reduce the debt service burden of debtor nations in exchange for steps taken by such nations to protect tropical rain forests and other natural resources.

Summary

Calls on the International Bank for Reconstruction and Development, and urges the Comptroller of the Currency, the Chairman of the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation to encourage each bank under their respective jurisdictions, to enter into agreements to reduce the outstanding debt burden of debtor nation clients if such nations agree to protect their tropical rain forests and other natural resources.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 6 February 1989

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.