Enterprise for the Americas Initiative Act of 1991

[AI summary unavailable — showing source text] Enterprise for the Americas Initiative Act of 1991 - Title I: Enterprise for the Americas Facility - Establishes in the Department of the Treasury the Enterprise for the Americas Facility to support improvement in the lives of the people of Latin America and the Caribbean through market-oriented reforms and economic growth with actions to promote debt reduction, investment reforms, and community-based conservation and sustainable use of the environment. Makes eligible for Facility benefits Latin American or Caribbean countries that: (1) have in effect, received approval for, or are making progress toward, specified International Monetary Fund arrangements and structural or sectoral adjustment loans from the International Bank for Reconstruction and Development or the International Development Association; (2) have put in place major investment reforms in conjunction with an Inter-American Development Bank loan or are implementing or making progress toward an open investment regime; (3) have agreed with commercial bank lenders on a financing program for debt or debt service reduction; (4) are making continued progress and have established a record of progress over at least two years…