A bill to assist COVID-19 recovery efforts in Sudan.

#3668 | S Congress #116

Last Action: Read twice and referred to the Committee on Foreign Relations. (5/7/2020)

Bill Text Source: Congress.gov

Summary and Impacts
Original Text
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3668 Introduced in Senate (IS)]

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116th CONGRESS
  2d Session
                                S. 3668

             To assist COVID-19 recovery efforts in Sudan.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 7, 2020

 Mr. Menendez introduced the following bill; which was read twice and 
             referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL


 
             To assist COVID-19 recovery efforts in Sudan.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. COVID-19 RECOVERY EFFORTS IN SUDAN.

    (a) Findings.--Congress makes the following findings:
            (1) Sudan is in the midst of a political transition to 
        democracy, but the transition remains fragile.
            (2) High inflation and a shrinking economy threaten to 
        undermine the transition.
            (3) The COVID-19 pandemic could overwhelm Sudan's health 
        system and further weaken its economy.
            (4) Significant arrears prevent Sudan from accessing 
        financing to combat the COVID-19 pandemic from the 
        International Monetary Fund, the World Bank, and the African 
        Development Bank.
    (b) Authorization.--Notwithstanding any other provision of law, the 
Secretary of the Treasury may instruct the United States executive 
director of an international financial institution to use the voice and 
vote of the United States to support assistance by such institution, 
including any loan, credit, or guarantee, for Sudan, provided that such 
assistance must be related to Sudan's response or recovery from the 
COVID-19 pandemic.
    (c) International Financial Institution Defined.--In this section, 
the term ``international financial institution'' means the 
International Bank for Reconstruction and Development, the 
International Development Association, the International Finance 
Corporation, the Inter-American Development Bank, the International 
Monetary Fund, the International Fund for Agricultural Development, the 
Asian Development Fund, the Inter-American Investment Corporation, the 
North American Development Bank, the European Bank for Reconstruction 
and Development, the African Development Bank, the African Development 
Fund, and the Multilateral Investment Guarantee Agency.
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