Dear Mr. Speaker: (Dear Mr. President:)

In accordance with language in Title IX of Division K of the Consolidated Appropriations Act, 2016 (the “Act”), I hereby designate as emergency requirements all funding so designated by the Congress in the Act pursuant to section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, for the following accounts:  “International Monetary Programs — United States Quota, International Monetary Fund — Direct Loan Program Account,” and “Loans to the International Monetary Fund — Direct Loan Program Account.” The details of this action are set forth in the enclosed memorandum from the Director of the Office of Management and Budget.

Sincerely,

BARACK OBAMA