Page:United States Statutes at Large Volume 117.djvu/767

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[117 STAT. 748]
PUBLIC LAW 107-000—MMMM. DD, 2003
[117 STAT. 748]

117 STAT. 748

PUBLIC LAW 108–25—MAY 27, 2003

‘‘(3) reduces the country’s minimum wage to a level of less than $2 per day or undermines workers’ ability to exercise effectively their internationally recognized worker rights, as defined under section 526(e) of the Foreign Operations, Export Financing and Related Programs Appropriations Act, 1995 (22 U.S.C. 262p–4p); or ‘‘(4) promotes unsustainable extraction of resources or results in reduced budget support for environmental programs. ‘‘(c) CONDITIONS.—A country shall not be eligible for cancellation of debt under modifications to the Enhanced HIPC Initiative described in subsection (a) if the government of the country— ‘‘(1) has an excessive level of military expenditures; ‘‘(2) has repeatedly provided support for acts of international terrorism, as determined by the Secretary of State under section 6(j)(1) of the Export Administration Act of 1979 (50 U.S.C. App. 2405(j)(1)) or section 620A(a) of the Foreign Assistance Act of 1961 (22 U.S.C. 2371(a)); ‘‘(3) is failing to cooperate on international narcotics control matters; or ‘‘(4) engages in a consistent pattern of gross violations of internationally recognized human rights (including its military or other security forces). ‘‘(d) PROGRAMS TO COMBAT HIV/AIDS AND POVERTY.—A country that is otherwise eligible to receive cancellation of debt under the modifications to the Enhanced HIPC Initiative described in subsection (a) may receive such cancellation only if the country has agreed— ‘‘(1) to ensure that the financial benefits of debt cancellation are applied to programs to combat HIV/AIDS and poverty, in particular through concrete measures to improve basic services in health, education, nutrition, and other development priorities, and to redress environmental degradation; ‘‘(2) to ensure that the financial benefits of debt cancellation are in addition to the government’s total spending on poverty reduction for the previous year or the average total of such expenditures for the previous 3 years, whichever is greater; ‘‘(3) to implement transparent and participatory policymaking and budget procedures, good governance, and effective anticorruption measures; and ‘‘(4) to broaden public participation and popular understanding of the principles and goals of poverty reduction. ‘‘(e) DEFINITIONS.—In this section: ‘‘(1) COUNTRY SUFFERING A PUBLIC HEALTH CRISIS.—The term ‘country suffering a public health crisis’ means a country in which the HIV/AIDS infection rate, as reported in the most recent epidemiological data for that country compiled by the Joint United Nations Program on HIV/AIDS, is at least 5 percent among women attending prenatal clinics or more than 20 percent among individuals in groups with high-risk behavior. ‘‘(2) DECISION POINT.—The term ‘Decision Point’ means the date on which the executive boards of the International Bank for Reconstruction and Development and the International Monetary Fund review the debt sustainability analysis for a country and determine that the country is eligible for debt relief under the Enhanced HIPC Initiative. ‘‘(3) ENHANCED HIPC INITIATIVE.—The term ‘Enhanced HIPC Initiative’ means the multilateral debt initiative for

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