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H.R. 7081, Ukraine Comprehensive Debt Payment Relief Act of 2022 (CBO Report for Congress)

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Congress 117th
Date Requested March 17, 2022
Requested By House Committee on Financial Services
Date Sent April 29, 2022
Description:
H.R. 7081 would require the Department of the Treasury to advocate for debt relief, concessional financial assistance, and humanitarian assistance for Ukraine at international financial institutions such as the International Monetary Fund and World Bank. It also would require Treasury to provide the Congress with a report about its actions. The United States has already provided significant amounts of assistance to Ukraine. Although it is possible that the department or other federal agencies would provide bilateral debt relief, concessional financing, or additional humanitarian assistance under the bill, CBO has no basis for estimating such additional amounts.

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