View all text of Subchapter I [§ 9611 - § 9614]

§ 9612. United States International Development Finance Corporation
(a) Establishment
(b) Purpose
(c) Less developed country focus
(1) In general
(2) Support in upper-middle-income countries
The Corporation shall restrict the provision of support under subchapter II of this chapter in a less developed country with an upper-middle-income economy unless—
(A) the President certifies to the appropriate congressional committees that such support furthers the national economic or foreign policy interests of the United States; and
(B) such support is designed to produce significant developmental outcomes or provide developmental benefits to the poorest population of that country.
(Pub. L. 115–254, div. F, title I, § 1412, Oct. 5, 2018, 132 Stat. 3486.)