multilateral development banks

multilateral development banksSec. 7070. The African Development Fund Act (22 U.S.C. 290g et seq.) is amended by adding at the end the following new section:“SEC. 227. 22 USC 290g–26.SIXTEENTH REPLENISHMENT.“(a) In General.—The United States Governor of the Fund is authorized to contribute on behalf of the United States $591,000,000 to the sixteenth replenishment of the resources of the Fund, subject to obtaining the necessary appropriations. “(b) Authorization of Appropriations.—In order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $591,000,000 for payment by the Secretary of the Treasury.” .