On October 7, 2016, the International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number six hundred and fifty three. It was resolved that the Report of the Executive Directors dated August 4, 2016 on “Allocation of FY16 Net Income” is hereby noted with approval; that the addition to the General Reserve of the IBRD of 96 million US dollars, plus or minus any rounding amount less than 1 million US dollars, is...
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