S.2166: A bill to provide for greater responsibility in lending and expanded cancellation of debts owed to the United States and the international financial institutions by low-income countries, and for other purposes.

A bill to provide for greater responsibility in lending and expanded cancellation of debts owed to the United States and the international financial institutions by low-income countries, and for other purposes. 8/1/2008--Reported to Senate amended.    (There is 1 other summary) Jubilee Act for Responsible Lending and Expanded Debt Cancellation of 2008 - (Sec. 3) Expresses the sense of Congress that U.S. debt cancellation or international debt relief to eligible low-income countries should not be followed by a reduction in other development assistance to such countries. (Sec. 4) Amends the International Financial Institutions Act to direct the Secretary of the Treasury, within the Paris Club of Official Creditors, the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (World Bank), and other international financial institutions to: (1) provide for debt cancellation of eligible low-income countries to such [...]

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