PUBLIC LAW 101-240—DEC. 19, 1989 103 STAT. 2499 burden of such country) during the 4-year period beginning on January 1, 1990, to 25 percent of the aggregate value of all loans made by the Bank during such 4-year period; "(2) take all necessair steps to encourage the Bank to limit the aggregate value of the policy based loans made by the Bank to the government of a particular country during such 4-year period, to 50 percent of the aggregate value of all loans made by the Bank to such government during such 4^ear period; "(3) instruct the United States Executive Director of the Bank to explore with the other Executive Directors of the Bank ways to use a portion of the resources made available to the Bank by reason of the subscription and contribution described in section 33(a)(2) for debt reduction and debt service reduction for coun- tries described in paragraph (1); and "(4) before the end of the 12-month period beginning on the Reports. date of the enactment of this section, report to the Congress on the matters described in paragraph (3).". SEC. 204. INCREASE IN INTER-AMERICAN DEVELOPMENT BANK LENDING TO THE CARIBBEAN. The Inter-American Development Bank Act (22 U.S.C. 283 et seq.) is amended by adding after the section added by section 203 of this Act the following: -SEC. 36. INCREASE IN LENDING TO THE CARIBBEAN. 22 USC 283z-8. "The Secretary of the Treasury shall instruct the.United States Executive Director of the Bank to enter into discussions with the management of the Bank and with other member country govern- ments to seek to increase Bank lending to the Caribbean region, directly or through appropriate financial intermediaries, for viable projects which will— "(1) result in expanded regional economic integration, diver- sification, and industrial and agricultural production, and im- proved infrastructure; and "(2) seek to ensure equitable and environmentally sustainable economic growth.". SEC. 205. SENSE OF THE CONGRESS THAT INTER-AMERICAN DEVELOP- MENT BANK LOANS SHOULD REDUCE DEPENDENCE ON ILLICIT NARCOTICS. It is the sense of the Congress that, whenever possible and appro- priate, loans made by the Inter-American Development Bank during the 4-year period beginning on January 1, 1990, should promote economic development which will reduce the growing economic dependence on the production and transit of illicit narcotics in certain borrower countries. SEC. 206. DIRECTIVES REGARDING GOVERNMENT-OWNED ENTERPRISES IN COUNTRIES RECEIVING lADB LOANS. The International Financial Institutions Act (22 U.S.C. 262c et seq.) is amended by redesignating section 1612 as section 1613 and 22 USC 262p-5. by inserting after section 1611 the following: "SEC. 1612. DIRECTIVES REGARDING GOVERNMENT-OWNED ENTER- 22 USC 262p-4g. PRISES IN COUNTRIES RECEIVING lADB LOANS. "(a) FINDING. — The Congress finds that a principal focus of United States Government policy in the multilateral development banks
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