fmf for fms debt repayment

fmf for fms debt repayment Sec. 580. Section 23 of the Arms Export Control Act is amended by inserting a new subsection (e), as follows: “(e)(1) Funds made available to carry out this section may be used by a foreign country to make payments of principal and interest which it owes to the United States Government on account of credits previously extended under this section or loans previously guaranteed under section 24, subject to paragraph (2). 104 STAT. 2046 “(2) Funds made available to carry out this section may not be used for prepayment of principal or interest pursuant to the authority of paragraph (1).”.