Despite the portfolio growth, IBRD
's capital adequacy measure, the equity to loans (E/L) ratio, remained stable at 22.8%, partly due to payments from the recent general capital increase and $831 million in new reserves absorbed the impact of loan growth.
transfers to the International Development Association (IDA), which provides loans and grants to the low-income countries, averaged USD610 million a year in 2015-2017.
Technical Assistance to UTY for Improving Railway Logistics (estimated cost US$1.0 million, 100% IBRD
has never had to resort to a call on capital.
World Bank Country Partnership Strategy 2010-13 detailed report highlighted that maintenance of a sound macroeconomic framework (characterized by reserves equal to at least three months of next year's imports of goods and services and a stable or declining government debt to GDP ratio) would be required for any IBRD
She visited a number of World Bank funded projects in Mannar and Kilinochchi.The Vice President of the World Bank has positively responded to Sri Lanka s request to obtain IBRD
The World Bank has never issued a publicly-available policy statement regarding its power to apply human rights criteria to potential borrowers.(26) Nevertheless, throughout its history, the World Bank has maintained a position that limits its ability to consider a nation's human rights record in making its credit decisions.(27) The Bank's position has been premised upon its interpretation of the IBRD
and IDA Articles of Agreement, which explicitly prohibit "political" activity(28) by the Bank and limit the Bank to "economic considerations."(29) The most important such provision, entitled "Political Activity Prohibited," is set forth in Article IV, Section 10 of the IBRD
Articles of Agreement:
In infrastructure, IFC working in close collaboration with the IBRD
was able to mobilize funds and assist in attracting private investment.
In 1985, two World Bank agencies--the International Bank for Reconstruction and Development (IBRD
), which operates on a nearly commercial basis, and the International Development Association (IDA), the bank's concessionary loan wing--approved a $450,000,000 loan to help India finance a massive irrigation-hydroelectric scheme on the Narmada River.
*This press release is not an offer for sale of bonds of the International Bank for Reconstruction and Development ('IBRD
'), also known in the capital markets as 'World Bank'.
FILE - Egyptian Parliament CAIRO - 15 July 2018: House of Representatives Speaker Ali Abdel Aal on Sunday referred to the parliament's specialized committees reports on two agreements that the government signed with the Islamic Development Bank (ISDB) and the International Bank for Reconstruction and Development (IBRD