22 USC 262p-12 - Cancellation of Haiti’s debts to international financial institutions

U.S Code last checked for updates: Nov 22, 2024

§ 262p–12.

Cancellation of Haiti’s debts to international financial institutions

(a)

In general

The Secretary of the Treasury should direct the United States Executive Director at the International Monetary Fund, the International Development Association, the Inter-American Development Bank, the International Fund for Agricultural Development, and other multilateral development institutions (as defined in section 262r(c)(3) of this title) to use the voice, vote and influence of the United States at each such institution to seek to achieve—

(1)

the immediate and complete cancellation of any and all remaining debts owed by Haiti to such institutions;

(2)

the suspension of Haiti’s debt service payments to such institutions until such time as the debts are canceled completely; and

(3)

the provision, before February 1, 2015, of emergency, humanitarian and reconstruction assistance from such institutions to Haiti in the form of grants or other assistance such that Haiti does not accumulate debt.

(b)

Use of certain funds for assistance to Haiti

(c)

Securing other relief for Haiti

(Pub. L. 95–118, title XVI, § 1628, as added Pub. L. 111–158, § 2, Apr. 26, 2010, 124 Stat. 1121.)

cite as: 22 USC 262p-12