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2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 286e9 Stabilization programs us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 286e9 22 U.S.C. § 286e9 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s286e9 data/legal/raw/us/code/title-22/usc22.xml 191ecaf3eae578e27f3e566cf42cddd7dbc7dd58ecb28819be10d8d9d6dc50a0 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 d2a9cef7ae9cf1ee292ace53a9075eb74ee87963a7f159dea8db12d81b2fe516 2026-07-04 official
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22 U.S.C. § 286e9 - Stabilization programs

Text

The Secretary of the Treasury shall instruct the United States executive director on the Executive Board of the International Monetary Fund to initiate a wide consultation with the managing director of the Fund and other member country executive directors with regard to encouraging the staff of the Fund to formulate stabilization programs which, to the maximum feasible extent, foster a broader base of productive investment and employment, especially in those productive activities which are designed to meet basic human needs.

(July 31, 1945, ch. 339, § 30, as added Pub. L. 95435, § 4, Oct. 10, 1978, 92 Stat. 1052; amended Pub. L. 96389, § 2(b), Oct. 7, 1980, 94 Stat. 1553; Pub. L. 101240, title V, § 541(d)(1), (f)(2), Dec. 19, 1989, 103 Stat. 2518, 2519.)

Notes

Editorial Notes

Amendments1989—Pub. L. 101240 struck out subsec. (a) designation and struck out subsec. (b) which read as follows: “In order to gain a better understanding of the social, political and economic impact of the Funds stabilization programs on borrowing countries, especially as it relates to the poor majority within those countries, the United States Governor of the Fund shall prepare and submit, not later than 180 days after the close of each calendar year, a report to the Congress. Such report shall evaluate, to the maximum extent feasible, with respect to countries to which loans are made during each year, the effects of policies of those countries which result from the standby agreements on basic human needs in such countries.” 1980—Subsec. (a). Pub. L. 96389, § 2(b)(1), struck out “entered into pursuant to loans from the Supplementary Financing Facility” after “stabilization programs”. Subsec. (b). Pub. L. 96389, § 2(b)(2), (3), struck out “entered into pursuant to loans from the Supplementary Financing Facility” after “stabilization programs” and “by the Supplementary Financing Facility” after “loans are made”.

Statutory Notes and Related Subsidiaries

Effective Date of 1980 AmendmentAmendment by Pub. L. 96389 effective Oct. 7, 1980, see section 12 of Pub. L. 96389, set out as an Effective Date note under section 286s of this title.