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U.S. Code as of:
01/19/04
Section 262r-6. Reports on policies, operations, and management of international financial institutions
(a) Annual report on financial operations
Beginning 180 days after the date of enactment of this Act
[November 6, 2000], or October 31, 2000, whichever is later, and on
October 31 of each year thereafter, the Comptroller General of the
United States shall submit to the appropriate congressional
committees a report on the sufficiency of audits of the financial
operations of each multilateral development bank conducted by
persons or entities outside such bank.
(b) Annual report on United States supported policies
Beginning 180 days after the date of enactment of this Act
[November 6, 2000], or October 31, 2000, whichever is later, and on
October 31 of each year thereafter, the Secretary shall submit a
report to the appropriate congressional committees on -
(1) the actions taken by recipient countries, as a result of
the assistance allocated to them by the multilateral development
banks under programs referred to in section 802(b),(!1) to
strengthen governance and reduce the opportunity for bribery and
corruption; and
(2) how International Development Association-financed projects
contribute to the eventual graduation of a representative sample
of countries from reliance on financing on concessionary terms
and international development assistance.
(c) Omitted
(d) Report on debt relief
Not later than 90 days after the date of enactment of this Act
[November 6, 2000], the Secretary shall submit a report to the
appropriate congressional committees on the history of debt relief
programs led by, or coordinated with, international financial
institutions, including but not limited to -
(1) the extent to which poor countries and the
poorest-of-the-poor benefit from debt relief, including
measurable evidence of any such benefits; and
(2) the extent to which debt relief contributes to the
graduation of a country from reliance on financing on
concessionary terms and international development assistance.
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