DetDeterminationClinton · D

Presidential Determination

Determination Pursuant to Section 523 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2001 (Public Law 106-429)

President Clinton certified that withholding U.S. funds from international financial institutions and other international organizations under the 2001 Foreign Operations Appropriations Act would be contrary to the national interest, thereby allowing those funds to flow. This routine determination waived a statutory restriction on contributions to multilateral institutions.

Impact dates

  1. publication in Federal Register

Key directives

  • certify that withholding funds from international financial institutions is contrary to the national interest
  • publish determination in the Federal Register

Who is ordered

Timeline

Immediate

  • certification takes effect upon signing
  • funds may be disbursed to international financial institutions and organizations

Near term (90d)

  • publication in Federal Register

Long term

Risks & tensions

  • routine statutory compliance with minimal policy discretion exercised
  • no controversy evident in text
Presidential Determination: Determination Pursuant to Section 523 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2001 (Public Law 106-429) · Executive Orders