---
kind: "section"
citation: "22 U.S.C. § 286ee"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "286ee"
heading: "International cooperation"
release: "119-102"
url: "https://uscodex.org/usc/22/286ee"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XV — International Monetary Fund and Bank for Reconstruction and Development"
---

# §286ee. International cooperation


The [Secretary](/usc/22/277d–43.md?p=5) of the Treasury shall instruct the [United States](/usc/22/1395.md?p=a-1) [Executive Director](/usc/22/10601.md?p=5) of the [Fund](/usc/22/2431a.md?p=9) to propose that the [Fund](/usc/22/2431a.md?p=9) adopt the following policies with respect to international lending:

- (1) In its consultations with a member government on its economic policies pursuant to article IV of the Articles of [Agreement](/usc/22/2431a.md?p=7) of the [Fund](/usc/22/2431a.md?p=9), the [Fund](/usc/22/2431a.md?p=9) should—
  - (A) intensify its examination of the trend and volume of external indebtedness of private and public borrowers in the member country and comment, as appropriate, in its report to the Executive [Board](/usc/22/2431a.md?p=4) from the viewpoint of the contribution of such borrowings to the economic stability of the borrower; and
  - (B) consider to what extent and in what form these comments might be made available to the international banking community and the public.
- (2) As part of any [Fund](/usc/22/2431a.md?p=9)-approved stabilization [program](/usc/22/3383.md?p=6), the [Fund](/usc/22/2431a.md?p=9) should give consideration to placing limits on public sector external short- and long-term borrowing.
- (3) As a part of its [annual report](/usc/22/6402.md?p=2), and at such times as it may consider desirable, the [Fund](/usc/22/2431a.md?p=9) should publish its evaluation of the trend and volume of international lending as it affects the economic situation of lenders, borrowers, and the smooth functioning of the international monetary system.

## Source credit

(July 31, 1945, ch. 339, § 47, as added Pub. L. 98–181, title I [title VIII, § 809], Nov. 30, 1983, 97 Stat. 1274.)
