§ 262p-4h. — Discussions to increase productive economic participation of poor; reports.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC262p-4h]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
Sec. 262p-4h. Discussions to increase productive economic
participation of poor; reports
(a) In general
The Secretary of the Treasury shall instruct the United States
Executive Director for each multilateral development bank to vigorously
and continually advocate, in all replenishment negotiations and in
discussion with other directors of such bank and with such bank, the
following:
(1) A major objective of such bank's operations and financing in
each borrowing country, as a long term priority, should be to
increase the productive role of the poor in the economy of such
country.
(2) Such bank should encourage and assist each borrowing country
to develop sustainable national plans and strategies to eliminate
the causes and alleviate the manifestations of poverty which keep
the poor from leading economically and socially productive lives.
Such plans and strategies should give attention to--
(A) the enhancement of human resources, including programs
for basic nutrition, primary health services, basic education,
and safe water and basic sanitation;
(B) access to income-generating activities, employment, and
productive assets such as land and credit; and
(C) consultation with public sector social agencies and
local non-governmental organizations.
(3) As an integral element of ongoing policy dialogue with each
borrowing country to design structural adjustment plans and project
lending programs, such bank should provide assistance consistent
with achieving the objectives of the country's national plan for
increasing the productive economic participation of the poor. Such
dialogue should be conducted with government agencies working in
social and economic sectors and with non-governmental groups in the
borrowing country, especially those that have grassroots involvement
with poor people.
(4) In an annual review document, such bank should describe the
extent to which the goal of increasing the productive economic
participation of the poor is being advanced or retarded and the
steps that are being taken to overcome obstacles to its fulfillment.
Such review should be based on information contained in the bank's
country implementation review documents and in the country strategy
documents for each borrowing country. Such country strategy
documents should describe the national strategy for productive
economic participation of the poor and the steps the bank plans to
take to assist the borrowing country during the period covered by
the country strategy document.
(5) Such bank should assist countries in assessing and
monitoring progress in achieving poverty alleviation goals and
targets through measurement by appropriate social indicators.
(6) Such bank should adopt procedures and budgetary allocations
for administrative purposes, and establish appropriate staffing
levels, to ensure that adequate resources are available to implement
the bank's program for enhancing the productive economic
participation of the poor, in consultation with non-governmental
groups.
(7) Such bank should adopt, as a separate and major criterion in
the allocation of concessional financing resources, a preferential
allocation to each country which undertakes significant efforts to
enhance the productive economic participation of the poor.
(8) Such bank should require each country which receives
structural adjustment assistance to have in place, after a
reasonable phase-in period, a strategy to enhance the productive
economic participation of the poor.
(b) Progress report
Before the end of the 1-year period beginning on December 19, 1989,
the Secretary of the Treasury shall submit to the Committee on Banking,
Finance and Urban Affairs and the Committee on Appropriations of the
House of Representatives, and the Committee on Foreign Relations and the
Committee on Appropriations of the Senate, a report on the following:
(1) The status of advocacy and progress being made to implement
the objectives of subsection (a) of this section, describing the
success to date, the obstacles encountered, and future expectations
of progress.
(2) A description of the progress to date in achieving the
purposes of section 262p-4f of this title, including the
institutional capacity and effort devoted to assisting in the
development of statistical measures to assess the well-being of the
poor.
(3) A description and evaluation of the progress to date in
developing effective mechanisms for involving non-governmental
organizations, directly or indirectly, in the design,
implementation, and monitoring of development projects, programs,
and policies of the multilateral development banks.
(Pub. L. 95-118, title XVI, Sec. 1613, as added Pub. L. 101-240, title
V, Sec. 501, Dec. 19, 1989, 103 Stat. 2505.)
Prior Provisions
A prior section 1613 of Pub. L. 95-118 was renumbered section 1622
and is classified to section 262p-5 of this title.
Change of Name
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of Pub.
L. 104-14, set out as a note preceding section 21 of Title 2, The
Congress. Committee on Banking and Financial Services of House of
Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally transferred
from Committee on Energy and Commerce of House of Representatives by
House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001.
Definitions
The definitions in section 262p-5 of this title apply to this
section.
Section Referred to in Other Sections
This section is referred to in section 262r of this title.
