Section 1 Short title
This Act may be cited as the “No New Burma Funds Act”.
No New Burma Funds Act
AN ACT
To continue the pause on disbursements and new financing commitments to the Government of Burma.
Sec. 2 Continuation of pause on World Bank disbursements and commitments to Burma
The Secretary of the Treasury shall direct the United States Executive Director at the International Bank for Reconstruction and Development to use the voice and vote of the United States to continue the pause by the Bank on disbursements and the making of new financing commitments to the Government of Burma, that was initiated after a military coup overthrew the democratically elected Government of Burma in 2021, unless the Secretary of the Treasury determines that it is not in the national interest to do so.