A bill to assist COVID-19 recovery efforts in Sudan.

Bill: 116-s-3668
Sponsor: full_name: Sen. Menendez, Robert [D-NJ]
Introduced: 2020-05-07
Policy area: International Affairs
Subjects: Africa

Cardiovascular and respiratory health

Emergency medical services and trauma care

Foreign aid and international relief

Foreign loans and debt

Government lending and loan guarantees

Infectious and parasitic diseases

Multilateral development programs

Sudan
Latest action: action_date: 2020-05-07
text: Read twice and referred to the Committee on Foreign Relations.

Summaries:
action_date: 2020-05-07
action_desc: Introduced in Senate
text: <p>This bill authorizes the Department of the Treasury to direct the U.S. executive directors of specified international financial institutions (e.g., the African Development Bank) to support the provision of financial assistance for Sudan's response to or recovery from the COVID-19 (i.e., coronavirus disease 2019) pandemic.</p>

tv_txt: II 116th CONGRESS 2d Session S. 3668 IN THE SENATE OF THE UNITED STATES May 7, 2020 Mr. Menendez introduced the following bill; which was read twice and referred to the Committee on Foreign Relations A BILL To assist COVID–19 recovery efforts in Sudan.

1. COVID–19 recovery efforts in Sudan (a) Findings Congress makes the following findings: (1) Sudan is in the midst of a political transition to democracy, but the transition remains fragile. (2) High inflation and a shrinking economy threaten to undermine the transition. (3) The COVID–19 pandemic could overwhelm Sudan’s health system and further weaken its economy. (4) Significant arrears prevent Sudan from accessing financing to combat the COVID–19 pandemic from the International Monetary Fund, the World Bank, and the African Development Bank. (b) Authorization Notwithstanding any other provision of law, the Secretary of the Treasury may instruct the United States executive director of an international financial institution to use the voice and vote of the United States to support assistance by such institution, including any loan, credit, or guarantee, for Sudan, provided that such assistance must be related to Sudan’s response or recovery from the COVID–19 pandemic. (c) International financial institution defined In this section, the term international financial institution means the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the International Monetary Fund, the International Fund for Agricultural Development, the Asian Development Fund, the Inter-American Investment Corporation, the North American Development Bank, the European Bank for Reconstruction and Development, the African Development Bank, the African Development Fund, and the Multilateral Investment Guarantee Agency.