S.Amdt. 1198

1. Adds Sec. __. (a) Disclosure of International Monetary Fund Documents.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to promote standard public disclosure of documents of the Fund presented to the Executive Board of the Fund and summaries of the minutes of meetings of the Board, as recommended by the Independent Evaluation Office of the Fund, not later than 2 years after the date of the meeting at which the document was presented or the minutes were taken (as the case may be), unless the Executive Board-- wherever appropriate

   Adds a section

   Inserted: Sec. __. (a) Disclosure of International Monetary Fund Documents.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to promote standard public disclosure of documents of the Fund presented to the Executive Board of the Fund and summaries of the minutes of meetings of the Board, as recommended by the Independent Evaluation Office of the Fund, not later than 2 years after the date of the meeting at which the document was presented or the minutes were taken (as the case may be), unless the Executive Board--

   Inserted: (1) determines that it is appropriate to delay disclosure; and

   Inserted: (2) posts the reason for the delay on the website of the Fund.

   Inserted: (b) Transparency and Accountability of Loans, Agreements, and Other Programs of the International Monetary Fund.--The Secretary of the Treasury shall instruct the United States Executive Director of the International Monetary Fund to promote--

   Inserted: (1) transparency and accountability in the policymaking and budgetary procedures of governments of members of the Fund;

   Inserted: (2) the participation of citizens and nongovernmental organizations in the economic policy choices of those governments; and

   Inserted: (3) the adoption by those governments of loans, agreements, or other programs of the Fund through a parliamentary process or another participatory and transparent process, as appropriate.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed