International Development Association Sixth Replenishment and African Development Bank Membership |
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Page 11
... thanks for your presence . In order to expedite the hear- ings , inasmuch as both of our witnesses are very hard ... thank you very much . I would suggest , with your permission , that the prepared statement be sub- mitted for the ...
... thanks for your presence . In order to expedite the hear- ings , inasmuch as both of our witnesses are very hard ... thank you very much . I would suggest , with your permission , that the prepared statement be sub- mitted for the ...
Page 20
... acts instead of actual appropriations that are scored in the budget as budget authority . Thank you for your attention . [ Secretary Miller's prepared statement follows : ] STATEMENT BY THE HONORABLE G. WILLIAM MILLER SECRETARY OF THE 20.
... acts instead of actual appropriations that are scored in the budget as budget authority . Thank you for your attention . [ Secretary Miller's prepared statement follows : ] STATEMENT BY THE HONORABLE G. WILLIAM MILLER SECRETARY OF THE 20.
Page 52
... Development Bank , and for changes in the budgetary and appropriations treatment of U.S. subscriptions to the World Bank and Asian Development Bank callable capital . 32 - Chairman GONZALEZ . Thank you very much , Mr. Secretary 52.
... Development Bank , and for changes in the budgetary and appropriations treatment of U.S. subscriptions to the World Bank and Asian Development Bank callable capital . 32 - Chairman GONZALEZ . Thank you very much , Mr. Secretary 52.
Page 53
... Thank you very much , Mr. Secretary . I might say for the benefit of the members that we have some time constraints this morning . Both the Secretary as well as our next witness are going to have to leave as quickly as we are finished ...
... Thank you very much , Mr. Secretary . I might say for the benefit of the members that we have some time constraints this morning . Both the Secretary as well as our next witness are going to have to leave as quickly as we are finished ...
Page 54
... Thank you , Mr. Chairman . Mr. Secretary , good to have you here . Let me ask you about figure 5 of the IDA VI replenishment . You talked about those countries that increased their participation . Which ones cut down from IDA V , 22 ...
... Thank you , Mr. Chairman . Mr. Secretary , good to have you here . Let me ask you about figure 5 of the IDA VI replenishment . You talked about those countries that increased their participation . Which ones cut down from IDA V , 22 ...
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Common terms and phrases
additional AFDB African Development Bank African Development Fund agricultural amended amount annual appropriations Article Asian Development Bank authorized Bank's BERGSTEN bilateral Board of Governors borrowers Brandt Commission budget budgetary callable capital capita income capital stock Cavanaugh Chairman GONZALEZ CONGRESS THE LIBRARY contributors credits currency developing countries development assistance disbursements dollar economic effective Executive Directors financing growth IBRD IDA lending IDA's important increase initial subscription installments Instrument of Commitment Inter-American Development Bank International Development Association LAFALCE legislation LIBRARY OF CONGRESS loans maintenance of value membership ment million multilateral development banks Nat'l Curr negotiations nonregional countries nonregional members OAKAR OPEC outlays paid-in capital paragraph payment percent poorest countries problems projects proposed reduce regional members Resolution Secretary MILLER Section sector Sixth Replenishment subcommittee subscribe subscriptions and contributions total voting power U.S. participation U.S. share unqualified commitments VOLCKER World Bank
Popular passages
Page 258 - Governors deems it advisable and in a manner agreed upon by a twothirds majority of the total number of governors representing not less than three-fourths of the total voting power of the member countries.
Page 289 - ... retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the bank to citizens or nationals of such member.
Page 287 - ... of Governors who shall bring the proposal before the Board. If the proposed amendment is approved by the Board the Bank shall, by circular letter or telegram, ask all members whether they accept the proposed amendment.
Page 287 - Executive Directors, shall be communicated to the Chairman of the Board of Governors who shall bring the proposal before the Board.
Page 291 - ... shall be deemed to include, first, the votes of the governor casting the largest number of votes for such person, then the votes of the governor casting the next largest number, and so on until fifteen percent is reached.
Page 248 - Bank under paragraph 1 (ii) of this Article may be used in any manner and on any terms and conditions not inconsistent with the purpose of the Bank and with the agreement relating to such Funds. 4. The Bank shall adopt such special rules and regulations as may be required for the establishment, administration and use of each Special Fund. Such rules and regulations shall be consistent with the provisions of this Agreement, excepting those provisions expressly applicable only to ordinary operations...
Page 275 - Fund of the currency of a member is increased in terms of the said dollar, or (b) in the opinion of the Bank, after consultation with the International Monetary Fund, the foreign exchange value of a member's currency has appreciated to a significant extent, the Bank shall pay to that member within a reasonable time an amount of that currency required to adjust the value of all such currency held by the Bank excepting (a) currency derived by the Bank from its borrowings, and (b) unless otherwise provided...
Page 271 - The operations of the Bank shall, except in special circumstances, provide for the financing of specific projects, or groups of projects, particularly those forming part of a national or regional development programme urgently required for the economic or social development of its members.
Page 276 - ... paragraph (b) above. (d) The Board of Governors shall, as a general rule, hold a meeting annually. Other meetings may be held when the Board of Governors so provides or when called by the Board of Executive Directors.
Page 275 - Bank, depreciated to a significant extent within that member's territories, the member shall pay to the Bank within a reasonable time an additional amount of its own currency sufficient to maintain the value...