Page:United States Statutes at Large Volume 103 Part 3.djvu/432

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103 STAT. 2500 PUBLIC LAW 101-240—DEC. 19, 1989 has been and should be to foster greater development of the private sector in member borrowing countries of such banks. "(b) TECHNICAL ASSISTANCE TO TRANSFORM GOVERNMENT-OWNED ENTERPRISES INTO PRIVATELY OWNED ENTERPRISES.—In order to assist and strengthen the advancement of ongoing efforts to have the Inter-American Development Bank play a key role in building a viable private sector in member borrowing countries of such bank, and to further assist such bank in its determination to facilitate the transfer of government-owned enterprises in such countries to pri- vate ownership, the Secretary of the Treasury shall instruct the United States Executive Director of such bank to vigorously encour- age the provision of technical assistance to such countries to trans- form enterprises owned, in whole or in part, by the governments of such countries into privately owned, self-suf^cient enterprises. Such technical assistance may involve the valuation of the assets of such government-owned enterprises, the assessment of tender offers, and the creation or strengthening of market-based mechanisms to facili- tate such a transfer of ownership.". TITLE III—INTERNATIONAL MONETARY FUND ENHANCED STRUCTURAL AD- JUSTMENT FACILITY SEC. 301. CONTRIBUTION TO THE INTEREST SUBSIDY ACCOUNT OF THE ENHANCED STRUCTURAL ADJUSTMENT FACILITY OF THE INTERNATIONAL MONETARY FUND. The Bretton Woods Agreements Act (22 U.S.C. 286 et seq.) is amended by adding at the end the following: 22 USC 286e-12. "SEC. 54. CONTRIBUTION TO THE INTEREST SUBSIDY ACCOUNT OF THE ENHANCED STRUCTURAL ADJUSTMENT FACILITY OF THE INTERNATIONAL MONETARY FUND. "(a) CONTRIBUTION AUTHORIZED.— "(1) IN GENERAL.— Subject to paragraph (2), the United States Governor of the Fund may contribute $150,000,000 to the In- terest Subsidy Account of the Enhanced Structural Adjustment Facility of the Fund on behalf of the United States. "(2) CONDITION.—The United States Governor of the Fund may not make a commitment to contribute any amount au- thorized to be contributed under paragraph (1) before an amount equal to such amount has been appropriated for such purpose. "(b) LIMITATION ON AUTHORIZATION OF APPROPRIATIONS. —To pay for the contribution authorized by subsection (a), there are au- thorized to be appropriated not to exceed $150,000,000, without fiscal year limitation, for payment by the Secretary of the Treasury.". SEC. 302. DISCUSSIONS TO ENHANCE THE CAPACITY OF THE INTER- NATIONAL MONETARY FUND TO ALLEVIATE THE POTEN- TIALLY ADVERSE IMPACTS OF FUND PROGRAMS ON THE -«  POOR AND THE ENVIRONMENT. The Bretton Woods Agreements Act (22 U.S.C. 286 et seq.) is amended by adding after the section added by section 301 of this Act the following: