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IMF restriction in Religious Persecution Act (fwd)




                               H.R.2431

       Freedom From Religious Persecution Act of 1998 (Passed by the House)

[...]

SEC. 7. SANCTIONS.

[...]

(c) MULTILATERAL ASSISTANCE-

          (1) CATEGORY 1 PERSECUTION- With respect to any country which the
          Secretary of State determines is engaged in category 1 
persecution, the President shall
          instruct the United States Executive Director of each multilateral 
development bank
          and of the International Monetary Fund to vote against, and use 
his or her best efforts
          to deny, any loan or other utilization of the funds of their 
respective institutions to that
          country (other than for humanitarian assistance, or for 
development assistance which
          directly addresses basic human needs, is not administered by the 
government of the
          sanctioned country, and confers no benefit on the government of 
that country),
          effective 90 days after the Director submits the report in which 
the determination is
          included.
-------------------------------
Robert Naiman <naimanr@rtk.net>
Preamble Center for Public Policy
1737 21st NW
Washington, DC 20009
phone: 202-265-3263
fax:   202-265-3647
http://www.RTK.NET/preamble/
Date: 06/11/98 Time: 16:27:37
-------------------------------