International Development Assistance Act

[AI summary unavailable — showing source text] International Development Assistance Act - Amends the Foreign Assistance Act of 1961 to declare that a principal objective of U.S. foreign policy is the encouragement and sustained support of the development efforts of people in developing countries. States that U.S. development policy should emphasize four principal goals: (1) alleviation of poverty; (2) promotion of self-sustaining growth; (3) encouragement of societies in which individual civil and economic rights are respected; and (4) integration of developing countries into an open international economic system. Stipulates that pursuit of these goals requires that development concerns be fully reflected in U.S. foreign policy. Sets forth a development assistance policy which recognizes that developing countries have a long-term need for external assistance. Directs that provision of development resources be adapted to the needs and capabilities of specific developing countries with low per capita incomes and limited access to private external capital being made on concessional terms and that for other developing countries consisting of programs which facilitate access to private capital markets, investment and technical skill…