Federal · Title 22 — Foreign Relations and Intercourse
22 U.S.C. § 262p: Impact adjustment lending programs
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guidelines be established which reflect clear and tangible concern for the impact adjustment lending programs, and the activities in support of which such lending is made, have and will have on human welfare; and impact statements be required which assess the effect an adjustment lending program, and the activities in support of which such lending is made, will have on the poor of the country to which such lending is made. specify what the projected effects of the adjustment loan will be on the poor; monitor nutrition levels in a timely manner; and measure the impact an adjustment loan, and the policies and activities in support of which such loan is made, has on the living standards of the country’s population, especially the poorest; and mitigate any adverse effect the policies and activities in support of which an adjustment loan is made are expected to have on the living standards of the poor (including the use of the proceeds of any adjustment loan, project aid, or other compensatory measure to mitigate such effect); and maximize the extent of the participation of the poor in the economic benefits resulting from an adjustment loan. assesses the impact on the poor of structural adjustment in countries to which structural adjustment lending has been made; and mitigate any adverse effect of adjustment lending, and the activities in support of which such lending is made, on the living standards of the poor in the countries to which such loans are made; and ensure the participation of the poor in the economic benefits resulting from adjustment lending and the activities in support of which such lending is made. For purposes of this section and section 262m–1 of this title , the term “adjustment lending” means nonproject lending in support of structural macroeconomic reforms or sectoral economic reform.
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