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Search Results: keywords:"world bank"

  • H.R. 6015 is a bill that seeks to prevent the misuse of financial sanctions exemptions by Iran. It requires the President to issue regulations within 180 days to ensure transactions do not support international terrorism or the spread of weapons of mass destruction....

    Simple Explanation

    The bill wants to make sure Iran doesn't use special financial rules to do bad things like support terrorism or make dangerous weapons. It tells the President and other important people to watch carefully and report back on how well this is working.

  • The H.R. 8926 bill aims to modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018. It proposes changes to definitions, prioritizes support for less developed countries, and includes provisions for the management of the U.S....

    Simple Explanation

    The bill wants to change some rules to help poorer countries with money for projects, but it might cost the government a lot more money because they are doubling the amount they could owe, and there's a risk if a lot of projects don't work out.