Federal · Title 22 — Foreign Relations and Intercourse
22 U.S.C. § 262o: Military spending by recipient countries; military involvement in economies of recipient countries
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to provide accurate and complete data on the annual expenditures and receipts of the armed forces; to establish good and publicly accountable governance, including an end to excessive military involvement in the economy; and to make substantial reductions in excessive military spending and forces. the respective institution monitors closely and, through regular policy consultations with recipient governments, seeks to influence the composition of public expenditure in favor of funding growth and development priorities and away from unproductive expenditure, including excessive military expenditures; the respective institution supports lending operations which assist efforts of recipient governments to promote good governance, including public participation, and reduce military expenditures; and the allocation of resources and the extension of credit by the respective institution takes into account the performance of recipient governments in the areas of good governance, ending excessive military involvement in the economy and reducing excessive military expenditures.
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