123STA T . 1 9 1 6PUBLIC LA W 111 – 32 —J U NE 2 4, 2 0 09 TI T LEX I VO T H E RMA TTER S I N TERNATIONAL ASSISTAN C E P RO G RAMS INTERNATIONAL MONETAR Y PROGRAMS UNITED ST A TE SQUO TA , INTE R NATIONA L MONETAR YF UND F orani n c r e a s ein th e Unite d States qu ota in the Internationa l Monetar y Fund, the dollar equi v alent o f4 , 973 , 10 0,000 S p ecial D ra w in g Rights, to re m ain availa b le until e x pended
- Provide
d, That the cost of the amounts provided herein shall be determined as provided under the Federal Credit Reform Act of 1990 (2 U . S.C. 6 61 et. seq. )
- Provided
fu r th er, That for purposes of section 5 02(5) of the Federal Credit Reform Act of 1990, the discount rate in section 502(5)(E) shall be ad j usted for mar k et risks: Provided fur - ther, That section 504(b) of the Federal Credit Reform Act of 1990 (2 U.S.C. 661c(b)) shall not apply. LOANS TO INTERNATIONAL MONETARY FUND For loans to the International Monetary Fund under section 17(a)(2) and (b)(2) of the B retton W oods Agreements Act (Public Law 8 7 – 490, 22 U.S.C. 286e–2), as amended by this Act pursuant to the New Arrangements to Borrow, the dollar equivalent of up to 75,000,000,000 Special Drawing Rights, to remain available until expended, in addition to any amounts previously appropriated under section 17 of such Act: Provided, That if the United States agrees to an expansion of its credit arrangement in an amount less than the dollar equivalent of 75,000,000,000 Special Drawing Rights, any amount over the United States ’ agreement shall not be available until further appropriated: Provided further, That the cost of the amounts provided herein shall be determined as provided under the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et. seq.): Provided further, That for purposes of section 502(5) of the Federal Credit Reform Act of 1990, the discount rate in section 502(5)(E) shall be adjusted for market risks: Provided further, That section 504(b) of the Federal Credit Reform Act of 1990 (2 U.S.C. 661c(b)) shall not apply. GENERAL PROVISIONS — INTERNATIONAL ASSISTANCE PROGRAMS SE C . 1401. Section 17 of the Bretton Woods Agreements Act (22 U.S.C. 286e–2) is amended— (1) in subsection (a)— (A) by inserting ‘ ‘(1)’’ before ‘‘In order to’’
and (B) by adding at the end the following: ‘‘(2) In order to carry out the purposes of a one - time decision of the Executive Directors of the International Monetary Fund (the Fund) to expand the resources of the New Arrangements to Borrow, established pursuant to the decision of J anuary 27, 1997 referred to in paragraph (1) above, and to make other amendments to the New Arrangements to Borrow to achieve an expanded and more flexible New Arrangements to Borrow as contemplated by paragraph 17 of the G–20 Loans.Rep o rt s.
