U.S. Code » Title 22 » Chapter CHAPTER 62— INTERNATIONAL FINANCIAL POLICY › Subchapter SUBCHAPTER II— INTERNATIONAL DEBT › Part Part A— Findings, Purposes, and Statement of Policy

22 U.S.C. § 5324

Statement of policy

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It is the policy of the United States that—(1) increasing growth in the developing world is a major goal of international economic policy;(2) it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt;(3) active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and(4) countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.(Pub. L. 100–418, title III, § 3104, Aug. 23, 1988, 102 Stat. 1376.)