Bill > HR3224

This bill, called the "International Financial Institution Improvements Act of 2025," is a comprehensive legislation aimed at enhancing the operations, accountability, and human rights standards of international financial institutions. The bill directs the U.S. Treasury Secretary to instruct U.S. Executive Directors at various international financial institutions to advocate for several key reforms across multiple areas. These include improving transparency in host nations, collaborating with civil society organizations, supporting debt forgiveness for low-income countries, and promoting human rights protections. The bill covers four main titles: International Financial Institutions, Multilateral Development Banks, International Monetary Fund (IMF), and Multilateral Development Bank Capital Increases. Specific provisions include encouraging more transparent project reporting, requiring consultation with local civil society organizations, supporting debt suspension for countries experiencing climate-related disasters, reducing harmful loan conditions, implementing anti-corruption measures, and advocating for better representation of low- and middle-income countries in leadership roles. The legislation also includes financial authorizations for various international financial institutions, such as the African Development Fund, African Development Bank, and European Bank for Reconstruction and Development, with specific funding allocations for capital increases and replenishments.

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https://www.congress.gov/bill/119th-congress/house-bill/3224/all-info