Economic Growth and Development Act - Directs the President to establish an interagency mechanism to improve coordination of U.S. development programs with private sector investment activities.
Directs the President and Administrator of the U.S. Agency for International Development (USAID) to: (1) direct their respective policy and country teams to include private sector consultation in all country, sector, and global development strategies; and (2) ensure that independent analyses of constraints to growth are conducted as a component of all appropriate country, sector, and global development strategies.