‘‘(B) to adopt an integrated development
strategy to support poverty reduction through
economic growth, that includes monitorable pov-
erty reduction goals;
‘‘(C) to take steps so that the financial
benefits of debt relief are applied to programs
to combat poverty (in particular through con-
crete measures to improve economic infrastruc-
ture, basic services in education, nutrition, and
health, particularly treatment and prevention of
the leading causes of mortality) and to redress
environmental degradation;
‘‘(D) to take steps to strengthen and ex-
pand the private sector, encourage increased
trade and investment, support the development
of free markets, and promote broad-scale eco-
nomic growth;
‘‘(E) to implement transparent policy mak-
ing and budget procedures, good governance,
and effective anticorruption measures;
‘‘(F) to broaden public participation and
popular understanding of the principles and
goals of poverty reduction, particularly through
economic growth, and good governance; and
‘‘(G) to promote the participation of citi-
zens and nongovernmental organizations in the
economic policy choices of the government.
‘‘(2) FASTER DEBT RELIEF.—The Secretary of
the Treasury should urge the IMF and the World
Bank to complete a debt sustainability analysis by
December 31, 2000, and determine eligibility for
debt relief, for as many of the countries under the
modified Heavily Indebted Poor Countries Initiative
as possible.
‘‘(b) HEAVILY INDEBTED POOR COUNTRIES RE-
VIEW.—The Secretary of the Treasury, after consulting
with the Committees on Banking and Financial Services
and International Relations of the House of Representa-
tives, and the Committees on Foreign Relations and Bank-
ing, Housing, and Urban Affairs of the Senate, shall make
every effort (including instructing the United States Di-
rectors at the IMF and World Bank) to ensure that an
external assessment of the modified Heavily Indebted Poor
Countries Initiative, including the reformed Enhanced
Structural Adjustment Facility program as it relates to
that Initiative, takes place by December 31, 2001, incor-
porating the views of debtor governments and civil society,
and that such assessment be made public.
‘‘(c) DEFINITION.—The term ‘modified Heavily In-
debted Poor Countries Initiative’ means the multilateral
debt initiative presented in the Report of G–7 Finance
Ministers on the Ko¨ln Debt Initiative to the Ko¨ln Eco-
nomic Summit, Cologne, Germany, held from June 18–
20, 1999.
‘‘SEC. 1624. REFORM OF THE ENHANCED STRUCTURAL AD-
JUSTMENT FACILITY.
‘‘The Secretary of the Treasury shall instruct the
United States Executive Directors at the International
Bank for Reconstruction and Development (World Bank)
and the International Monetary Fund (IMF) to use the
voice and vote of the United States to promote the estab-
lishment of poverty reduction strategy policies and proce-
dures at the World Bank and the IMF that support coun-
tries’ efforts under programs developed and jointly admin-
istered by the World Bank and the IMF that have the
following components:
‘‘(1) The development of country-specific pov-
erty reduction strategies (Poverty Reduction Strate-
gies) under the leadership of such countries that—
‘‘(A) will be set out in poverty reduction
strategy papers (PRSPs) that provide the basis
for the lending operations of the International
Development Association (IDA) and the re-
formed Enhanced Structural Adjustment Facil-
ity (ESAF);
‘‘(B) will reflect the World Bank’s role in
poverty reduction and the IMF’s role in macro-
economic issues;
‘‘(C) will make the IMF’s and the World
Bank’s advice and operations fully consistent
with the objectives of poverty reduction through
broad-based economic growth; and
‘‘(D) should include—
‘‘(i) implementation of transparent
budgetary procedures and mechanisms to
help ensure that the financial benefits of
debt relief under the modified Heavily In-
debted Poor Countries Initiative (as de-
fined in section 1623) are applied to pro-
grams that combat poverty; and
‘‘(ii) 
monitorable 
indicators 
of
progress in poverty reduction.
‘‘(2) The adoption of procedures for periodic
comprehensive reviews of reformed ESAF and IDA
programs to help ensure progress toward longer-
term poverty goals outlined in the Poverty Reduction
Strategies and to allow adjustments in such pro-
grams.
‘‘(3) The publication of the PRSPs prior to Ex-
ecutive Board review of related programs under IDA
and the reformed ESAF.
‘‘(4) The establishment of a standing evaluation
unit at the IMF, similar to the Operations Evalua-
tion Department of the World Bank, that would re-
port directly to the Executive Board of the IMF and
that would undertake periodic reviews of IMF oper-
ations, including the operations of the reformed
ESAF, including—
‘‘(A) assessments of experience under the
reformed ESAF programs in the areas of pov-
erty reduction, economic growth, and access to
basic social services;
‘‘(B) assessments of the extent and quality
of participation in program design by citizens;
‘‘(C) verifications that reformed ESAF
programs are designed in a manner consistent
with the Poverty Reduction Strategies; and
‘‘(D) prompt release to the public of all re-
views by the standing evaluation unit.
‘‘(5) The promotion of clearer conditionality in
IDA and reformed ESAF programs that focuses on
reforms most likely to support poverty reduction
through broad-based economic growth.
‘‘(6) The adoption by the IMF of policies aimed
at reforming ESAF so that reformed ESAF pro-
grams are consistent with the Poverty Reduction
Strategies.
‘‘(7) The adoption by the World Bank of poli-
cies to help ensure that its lending operations in
countries eligible for debt relief under the modified
Heavily Indebted Poor Countries Initiative are con-
sistent with the Poverty Reduction Strategies.
‘‘(8) Strengthening the linkage between bor-
rower country performance and lending operations
by IDA and the reformed ESAF on the basis of
clear and monitorable indictors.
‘‘(9) Full public disclosure of the proposed ob-
jectives and financial organization of the successor
to the ESAF at least 90 days before any decision by
the Executive Board of the IMF to consider its
adoption.’’.
SEC. 503. ACTIONS TO FUND THE PROVISION OF MULTILAT-
ERAL DEBT RELIEF.
(a) CONTRIBUTIONS FOR DEBT REDUCTIONS FOR
THE POOREST COUNTRIES.—The Bretton Woods Agree-
ments Act (22 U.S.C. 286 et seq.) is amended by adding
at the end the following:
‘‘SEC. 62. APPROVAL OF CONTRIBUTIONS FOR DEBT RE-
DUCTIONS FOR THE POOREST COUNTRIES.
‘‘For the purpose of mobilizing the resources of the
Fund in order to help reduce poverty and improve the lives
of residents of poor countries and, in particular, to allow
those poor countries with unsustainable debt burdens to
receive deeper, broader, and faster debt relief, without al-
lowing gold to reach the open market or otherwise ad-
versely affecting the market price of gold, the Secretary
of the Treasury is authorized to instruct the United States
Executive Director of the Fund to vote—
‘‘(1) to approve an arrangement whereby the
Fund—
‘‘(A) sells a quantity of its gold at pre-
vailing market prices to a member or members
in nonpublic transactions sufficient to generate
2.226 billion Special Drawing Rights in profits
on such sales;
‘‘(B) immediately after, and in conjunction
with each such sale, accepts payment by such
member or members of such gold to satisfy ex-
isting repurchase obligations of such member or
members so that the Fund retains ownership of
the gold at the conclusion of such payment;
‘‘(C) uses the earnings on the investment
of the profits of such sales through a separate
subaccount, only for the purpose of providing
debt relief from the Fund under the modified
Heavily Indebted Poor Countries (HIPC) Ini-
tiative (as defined in section 1623 of the Inter-
national Financial Institutions Act); and
‘‘(D) shall not use more than 9⁄14 of the
earnings on the investment of the profits of
such sales; and
‘‘(2) to support a decision that shall terminate
the Special Contingency Account 2 (SCA–2) of the
Fund so that the funds in the SCA–2 shall be made
available to the poorest countries. Any funds attrib-
utable to the United States participation in SCA–2
shall be used only for debt relief from the Fund
under the modified HIPC Initiative.’’.
(b) CERTIFICATION.—Within 15 days after the
United States Executive Director casts the votes necessary
to carry out the instruction described in section 62 of the
Bretton Woods Agreements Act, the Secretary of the
Treasury shall certify to the Congress that neither the
profits nor the earnings on the investment of profits from
the gold sales made pursuant to the instruction or of the
funds attributable to United States participation in SCA–
2 will be used to augment the resources of any reserve
account of the International Monetary Fund for the pur-
pose of making loans.
SEC. 504. ADDITIONAL PROVISIONS.
(a) PUBLICATION
OF IMF OPERATIONAL BUDG-
ETS.—The Secretary of the Treasury shall instruct the
United States Executive Director at the International
Monetary Fund to use the voice, vote, and influence of
the United States to urge vigorously the International
Monetary Fund to publish the operational budgets of the
International Monetary Fund, on a quarterly basis, not
later than one year after the end of the period covered
by the budget.
(b) REPORT TO THE CONGRESS SHOWING COSTS OF
UNITED STATES PARTICIPATION IN THE INTERNATIONAL
MONETARY FUND.—The Secretary of the Treasury shall
prepare and transmit to the Committees on Banking and
Financial Services, on Appropriations, and on Inter-
national Relations of the House of Representatives and
the Committees on Banking, Housing, and Urban Affairs,
on Foreign Relations, and on Appropriations of the Senate
a quarterly report, which shall be made readily available
to the public, on the costs or benefits of United States
participation in the International Monetary Fund and
which shall detail the costs and benefits to the United
States, as well as valuation gains or losses on the United
States reserve position in the International Monetary
Fund.
(c) CONTINUATION OF FORGOING OF REIMBURSE-
MENT
OF
IMF FOR
EXPENSES
OF
ADMINISTERING
ESAF.—The Secretary of the Treasury shall instruct the
United States Executive Director at the International
Monetary Fund to use the voice, vote, and influence of
the United States to urge vigorously the International
Monetary Fund to continue to forgo reimbursements of
the expenses incurred by the International Monetary Fund
in administering the Enhanced Structural Adjustment Fa-
cility, until the Heavily Indebted Poor Countries Initiative
(as defined in section 1623 of the International Financial
Institutions Act) is terminated.
(d) NO GOLD SALES BY INTERNATIONAL MONETARY
FUND WITHOUT PRIOR AUTHORIZATION BY THE CON-
GRESS.—(1) The first sentence of section 5 of the Bretton
Woods Agreements Act (22 U.S.C. 286c) is amended in
clause (g) by striking ‘‘approve either the disposition of
more than 25 million ounces of Fund gold for the benefit
of the Trust Fund established by the Fund on May 6,
1976, or the establishment of any additional trust fund
whereby resources of the International Monetary Fund
would be used for the special benefit of a single member,
or of a particular segment of the membership, of the
Fund.’’ and inserting ‘‘approve any disposition of Fund
gold, unless the Secretary certifies to the Congress that
such disposition is necessary for the Fund to restitute gold
to its members, or for the Fund to provide liquidity that
will enable the Fund to meet member country claims on
the Fund or to meet threats to the systemic stability of
the international financial system.’’.
(2) Not less than 30 days prior to the entrance by
the United States into international negotiations for the
purpose of reaching agreement on the disposition of Fund
gold whereby resources of the Fund would be used for the
special benefit of a single member, or of a particular seg-
ment of the membership of the Fund, the Secretary of
the Treasury shall consult with the Committees on Bank-
ing and Financial Services, on Appropriations, and on
International Relations of the House of Representatives
and the Committees on Foreign Relations, on Appropria-
tions, and on Banking, Housing and Urban Affairs of the
Senate.
(e) ANNUAL REPORT BY GAO ON CONSISTENCY OF
IMF PRACTICES
WITH
STATUTORY
POLICIES.—The
Comptroller General of the United States shall annually
prepare and submit to the Congress of the United States
a written report on the extent to which the practices of
the International Monetary Fund are consistent with the
policies of the United States, as expressly contained in
Federal law applicable to the International Monetary
Fund.
TITLE VI—SURVIVOR BENEFITS
SEC. 601. PAYMENT.
(a) PAYMENT AUTHORIZATION.—The Secretary of
the Treasury shall pay, out of funds not otherwise appro-
priated, $100,000 to the survivor, or collectively the sur-
vivors, of each of the 14 members of the Armed Forces
and the one United States civilian Federal employee who
were killed on April 14, 1994, when United States F–15
fighter aircraft mistakenly shot down two UH–60 Black
Hawk helicopters over Iraq.
(b) SURVIVOR STATUS.—
(1) MEMBERS OF THE ARMED FORCES INSURED
BY SGLI.—In the case of a member of the Armed
Forces described in subsection (a) who was insured
by a Servicemembers’ Group Life Insurance policy
(issued under chapter 19 of title 38, United States
Code), a survivor of such member for the purposes
of subsection (a) shall be any person designated as
a beneficiary on the individual’s policy.
(2) INDIVIDUALS NOT INSURED BY SGLI.—In
the case of a member of the Armed Forces described
in subsection (a) who was not insured by a
Servicemembers’ Group Life Insurance policy (issued
under chapter 19 of title 38, United States Code) or
the civilian Federal employee described in subsection
(a), a survivor of such member or employee for the
purposes of subsection (a) shall be any person deter-
mined to be a survivor by the Secretary of the
Treasury using the provisions of section 5582(b) of
title 5, United States Code.
SEC. 602. LIMITATION ON TOTAL AMOUNT OF PAYMENT.
Not more than a total of $1,500,000 may be paid
to survivors under section 1.
SEC. 603. LIMITATION ON ATTORNEY FEES.
Notwithstanding any contract, no representative of a
survivor may receive more than 10 percent of a payment
made under section 1 for services rendered in connection
with the survivor’s claim for such payment. Any person
who violates this section shall be guilty of an infraction
and shall be subject to a fine in the amount provided in
title 18, United States Code.
SEC. 604. REPORT.
Not later than 6 months after the date of the enact-
ment of this Act, the Secretary of the Treasury shall
transmit to the Congress a report describing the payments
made under section 1.
TITLE VII—MISCELLANEOUS PROVISIONS
SEC. 701. GRANT OF NATURALIZATION TO PETRA
LOVETINSKA. (a) IN GENERAL.—Notwithstanding any
other provision of law, Petra Lovetinska shall be natural-
ized as a citizen of the United States upon the filing of
the appropriate application and upon being administered
the oath of renunciation and allegiance in an appropriate
ceremony pursuant to section 337 of the Immigration and
Nationality Act.
(b) DEADLINE FOR APPLICATION AND PAYMENT OF
FEES.—Subsection (a) shall apply only if the application
for naturalization is filed with appropriate fees within 1
year after the date of the enactment of this Act.
SEC. 702. TRADE ADJUSTMENT ASSISTANCE. (a) AS-
SISTANCE FOR WORKERS.—Section 245 of the Trade Act
of 1974 (19 U.S.C. 2317) is amended—
(1) in subsection (a), by striking ‘‘June 30,
1999’’ and inserting ‘‘September 30, 2001’’; and
(2) in subsection (b), by striking ‘‘June 30,
1999’’ and inserting ‘‘September 30, 2001’’.
(b) NAFTA TRANSITIONAL
PROGRAM.—Section
250(d)(2) of the Trade Act of 1974 (19 U.S.C.
2331(d)(2)) is amended by striking ‘‘the period beginning
October 1, 1998, and ending June 30, 1999, shall not ex-
ceed $15,000,000’’ and inserting ‘‘the period beginning
October 1, 1998, and ending September 30, 2001, shall
not exceed $30,000,000 for any fiscal year’’.
(c) ADJUSTMENT FOR FIRMS.—Section 256(b) of the
Trade Act of 1974 (19 U.S.C. 2346(b)) is amended by
striking ‘‘June 30, 1999’’ and inserting ‘‘September 30,
2001’’.
(d) TERMINATION.—Section 285(c) of the Trade Act
of 1974 (19 U.S.C. 2271 note preceding) is amended by
striking ‘‘June 30, 1999’’ each place it appears and insert-
ing ‘‘September 30, 2001’’.
(e) EFFECTIVE DATE.—The amendments made by
this section shall be effective as of July 1, 1999.
Æ