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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 290g21 Multilateral debt relief us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 290g21 22 U.S.C. § 290g21 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/s290g21 data/legal/raw/us/code/title-22/usc22.xml b7acfd70580d5ebe00b0ba2593a302b2e8c5b18e81923401e2be7cea705ccdf1 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 be14b71bc534756562a31ffa0319fb5e4dd11ad591e9f270d46d3b7075d56797 2026-07-04 official
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22 U.S.C. § 290g21 - Multilateral debt relief

Text

(a) Authorization of contribution The Secretary of the Treasury is authorized to contribute, on behalf of the United States, not more than $60,000,000 to the African Development Fund for the purpose of funding debt relief costs under the Multilateral Debt Relief Initiative incurred in the period governed by the twelfth replenishment of resources of the African Development Fund, subject to obtaining the necessary appropriations and without prejudice to any funding arrangements in existence on December 23, 2011.

(b) Appropriations In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, not more than $60,000,000 for payment by the Secretary of the Treasury.

(c) Multilateral Debt Relief Initiative In this section, the term “Multilateral Debt Relief Initiative” means the proposal set out in the G8 Finance Ministers Communiqué entitled “Conclusions on Development”, done at London, June 11, 2005, and reaffirmed by G8 Heads of State at the Gleneagles Summit on July 8, 2005.

(Pub. L. 94302, title II, § 222, as added Pub. L. 11274, div. I, title VII, § 7083(b), Dec. 23, 2011, 125 Stat. 1263.)