A bill to ensure the transparency of International Monetary Fund operations.
IMF Transparency and Efficiency Act of 1998 - Amends the International Financial Institutions Act to prohibit any U.S. officer, employee, or agent from providing, directly or indirectly, Federal funds to, or for the benefit of, the International Monetary Fund (IMF) unless: (1) the Secretary of the Treasury certifies to specified congressional committees that the IMF has met certain informational and loan rate requirements, and has established an independent advisory board to review its research, operations, and loan programs; and (2) the Congress has enacted a joint resolution approving the certification.
Sponsor introductory remarks on measure. (CR E2307)
Introduced in Senate
Sponsor introductory remarks on measure. (CR S3542)
Read twice and referred to the Committee on Foreign Relations.
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