22 USC 262p-4e - Extent to which borrowing country governments have honored debt-for-development swap agreements to be considered as factor in making loans to such borrowers

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

§ 262p–4e.

Extent to which borrowing country governments have honored debt-for-development swap agreements to be considered as factor in making loans to such borrowers

(a)

In general

(b)

Definitions

As used in this section:

(1)

Debt-for-development swap

(2)

Qualified debt

The term “qualified debt” means—

(A)

sovereign debt issued by a foreign government;

(B)

debt owed by private institutions in the country governed by such foreign government; and

(C)

debt owed by institutions in the country governed by such foreign government which are owned, in part, by private persons and, in part, by public institutions.

(Pub. L. 95–118, title XVI, § 1610, as added Pub. L. 100–461, title V, § 555, Oct. 1, 1988, 102 Stat. 2268–36.)

cite as: 22 USC 262p-4e