U.S. Code > Title 22 Foreign Relations and Intercourse > CHAPTER 62—INTERNATIONAL FINANCIAL POLICY (§§ 5301—5354) > SUBCHAPTER II—INTERNATIONAL DEBT (§§ 5321—5333) > Part A—Findings, Purposes, and Statement of Policy (§§ 5321—5324) > § 5324. Statement of policy

§ 5324. Statement of policy

It is the policy of the United States that—
(1) increasing growth in the developing world is a major goal of international economic policy;
(2) it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt;
(3) active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and
(4) countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.