On July 28, 2016, International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number six hundred and fifty. It was resolved that, effective July 1, 2016, the remuneration of the Executive Directors of the World Bank Group and their Alternates pursuant to Section 13(e) of the By-Laws shall be paid in the form of a salary without a separate supplemental allowance, and such salary shall be paid at the annual rate...
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