A bill to provide for participation by the United States in a capital stock increase of the International Bank for Reconstruction and Development and a replenishment of the African Development Fund, and for other purposes.

[AI summary unavailable — showing source text] Amends the Bretton Woods Agreements Act to authorize the U.S. Governor of the International Bank for Reconstruction and Development (World Bank) to: (1) vote for an increase in the authorized capital stock of the Bank; and (2) subscribe on behalf of the United States to additional shares of such capital stock. Authorizes appropriations for such stock subscription. Amends the African Development Fund Act to authorize the U.S. Governor of the African Development Fund to contribute a specified amount to the fifth replenishment of the resources of the Fund. Authorizes appropriations for such contribution. Requires the Secretary of the Treasury to instruct the U.S. Executive Director of the World Bank (Director) to initiate discussions with other directors of the World Bank and to advocate and support the facilitation of voluntary market-based programs for the reduction of sovereign debt. Specifies the goals and limitations of such a program. Requires the Secretary to instruct the Director to propose: (1) that policy based loans be made for facilitating a reduction in the debt service burden of any country which is participating in such a program; and (2) that a country be considered to…