[USC02] 22 USC 5324: Statement of policy
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22 USC 5324: Statement of policy Text contains those laws in effect on October 21, 2020
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 62-INTERNATIONAL FINANCIAL POLICYSUBCHAPTER II-INTERNATIONAL DEBTPart A-Findings, Purposes, and Statement of Policy
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§5324. Statement of policy

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 .)