1. Short title This Act may be cited as the Economic Growth and Development Act . 2. Findings Congress makes the following findings: (1) The promotion of sustainable economic growth is the only long-term solution to lifting people out of poverty and addressing development challenges such as infectious disease, food security, access to education, and access to clean water, as reflected in the Sustainable Development Goals adopted at the United Nations Sustainable Development Summit on September 25, 2015. (2) Several of the greatest development success stories of the past 50 years demonstrate that private sector investment and economic growth are fundamental to lifting populations out of poverty. (3) A dramatic shift in the composition of capital flows to the developing world necessitates a new approach to official development assistance