22 USC 262p-4b - Directives regarding government-owned enterprises in countries receiving World Bank loans

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

§ 262p–4b.

Directives regarding government-owned enterprises in countries receiving World Bank loans

(a)

Finding

(b)

Technical assistance to transform government-owned enterprises into privately owned enterprises

(c)

Reports

(1)

In general

The United States Executive Director of the International Bank for Reconstruction and Development shall submit 3 reports to the Congress on—

(A)

the progress made in transforming government-owned enterprises into privately owned enterprises as described in subsection (b);

(B)

the performance of the privately owned enterprises resulting from such transformation; and

(C)

the contributions of development finance companies toward strengthening the private sector in member borrowing countries.

(2)

Timing

(Pub. L. 95–118, title XVI, § 1607, as added Pub. L. 100–461, title V, § 555, Oct. 1, 1988, 102 Stat. 2268–36.)

cite as: 22 USC 262p-4b