Page:United States Statutes at Large Volume 123.djvu/1922

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123STA T . 1 90 2 PUBLIC LA W 111 – 32 —J U NE 2 4, 2009 withou t prej u d i c eto anyf undin g arrange m ent s ine x istence on the date of the enactment of this section .‘ ‘ (b)I n order to pay for the U nited S tates contribution pro v ided for in subsection (a) , there are authori z ed to be appropriated, with - out fisca l year limitation, not more than $26 , 0 00,000 for payment by the Secretary of the T reasury. ’ ’. PROM O TI O N O F PO L I CYG O A L S ATT HEW ORL DB AN K GRO U P SEC. 1 110. Title XV I of the International F inancial Institutions A ct (22 U.S. C . 262p et se q .) is amended by adding at the end thereof the following

‘ SEC.162 6. R E FO R M OF TH E‘ D O INGBU SINESS ’ RE P ORT OF THE W OR L DB A N K . ‘‘(a) The Secretary of the Treasury shall instruct the United States E xecutive D irectors at the International B an k for R econstruction and Development, the International Development Association, and the International Finance Corporation of the fol- lowing United States policy goals, and to use the voice and vote of the United States to actively promote and work to achieve these goals: ‘‘(1) Suspension of the use of the ‘Employing W orkers’ Indi- cator for the purpose of ranking or scoring country performance in the annual Doing Business Report of the World Bank until a set of indicators can be devised that fairly represent the value of internationally recognized workers’ rights, including core labor standards, in creating a stable and favorable environ- ment for attracting private investment. The indicators shall bring to bear the experiences of the member governments in dealing with the economic, social and political complexity of labor market issues. The indicators should be developed through collaborative discussions with and between the World Bank, the International Finance Corporation, the International L abor O rganization, private companies, and labor unions. ‘‘(2) Elimination of the ‘Labor Tax and Social Contributions’ Subindicator from the annual Doing Business Report of the World Bank. ‘‘( 3 ) Removal of the ‘Employing Workers’ Indicator as a ‘guidepost’ for calculating the annual Country P olicy and Institutional Assessment score for each recipient country. ‘‘(b) Within 60 days after the date of the enactment of this section, the Secretary of the Treasury shall provide an instruction to the United States Executive Directors referred to in subsection (a) to take appropriate actions with respect to implementing the policy goals of the United States set forth in subsection (a), and such instruction shall be posted on the website of the Department of the Treasury. ‘‘SEC. 162 7 . ENHANCING THE TRANSPARENC Y AND EFFECTI V ENESS OF THE INSPECTION PANEL PROCESS OF THE WORLD BANK. ‘‘(a) ENHANCING TRANSPARENCY IN IMPLEMENTATION OF M ANAGEMENT ACTION PLANS. — The Secretary of the Treasury shall direct the United States Executive Directors at the World Bank to seek to ensure that World Bank Procedure 1 7 . 5 5, which estab- lishes the operating procedures of Management with regard to the Inspection Panel, provides that Management prepare and make Public i nformat ion .Rep ort s . 2 2 USC 2 6 2p –10 . D ea d line. I nstructions. W eb postin g . 22 USC 262p– 9 .