On April 6, 1998, the International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number five hundred and seventeen. It was resolved that, the Bank transfer from surplus, by way of grant, US$150 million to the Multilateral Investment Guarantee Agency (MIGA), such transfer to be made in one payment immediately upon the adoption of this resolution and to be used as part of MIGA’s capital resources to strengthen...
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