§ 262p–4g TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 48

particularly in monitoring the impact of

structural adjustment lending on the poor;

and

(6) availability of such indicators will also

facilitate the measurement of progress in the

alleviation of poverty by other donor agencies,

public and private.

(b) Assistance to countries to develop statistical

assessment of well-being of poor

The Secretary of the Treasury shall instruct

the United States Executive Director of the

International Bank for Reconstruction and Development and the International Development

Association to advocate and support, as an immediate priority, assistance by such institutions

to borrowing country governments to develop

appropriate statistical measures for assessing

the physical well-being of the poor, by sex and

age, by using such indicators as mortality,

health, education, and nutrition, as well as

wealth and income, and maintain and publish

such indicators on an ongoing basis.

(Pub. L. 95–118, title XVI, §1611, as added Pub. L.

100–461, title V, §555, Oct. 1, 1988, 102 Stat.

2268–36.)

CODIFICATION

Section 1611 of Pub. L. 95–118 is based on section 11 of

H.R. 4645, One Hundredth Congress, as reported Sept.

28, 1988, and enacted into law by Pub. L. 100–461.

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 262p–4h of this

title.

§ 262p–4g. Directives regarding governmentowned enterprises in countries receiving

IADB loans

(a) Finding

The Congress finds that a principal focus of

United States Government policy in the multilateral development banks has been and should

be to foster greater development of the private

sector in member borrowing countries of such

banks.

(b) Technical assistance to transform government-owned enterprises into privately

owned enterprises

In order to assist and strengthen the advancement of ongoing efforts to have the Inter-American Development Bank play a key role in building a viable private sector in member borrowing

countries of such bank, and to further assist

such bank in its determination to facilitate the

transfer of government-owned enterprises in

such countries to private ownership, the Secretary of the Treasury shall instruct the United

States Executive Director of such bank to vigorously encourage the provision of technical assistance to such countries to transform enterprises owned, in whole or in part, by the governments of such countries into privately owned,

self-sufficient enterprises. Such technical assistance may involve the valuation of the assets of

such government-owned enterprises, the assessment of tender offers, and the creation or

strengthening of market-based mechanisms to

facilitate such a transfer of ownership.

(Pub. L. 95–118, title XVI, §1612, as added Pub. L.

101–240, title II, §206, Dec. 19, 1989, 103 Stat. 2499.)

PRIOR PROVISIONS

A prior section 1612 of Pub. L. 95–118 was renumbered

section 1622 and is classified to section 262p–5 of this

title.

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.

§ 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