The African Development Fund: Hearing Before the Subcommittee on International Development Institutions and Finance of the Committee on Banking, Currency and Housing, House of Representatives, Ninety-fourth Congress, First Session ... July 15, 1975U.S. Government Printing Office, 1975 - 259 pages |
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Common terms and phrases
$15 million 31 December ABIDJAN AFDB AFDF African countries African Development Bank African Development Fund African nations agency Agreement establishing agricultural Algeria Amount F.U.A. annual Arab Article Asian authorized Bank's BIESTER bilateral Board of Directors Board of Governors Burundi cent Chad Chairman commitment concessional CONGRES CONGRESS THE LIBRARY cooperation currency Dahomey deposit developing countries donor countries drought economic development establishing the Fund FENWICK financing foreign Fund's Gambia GONZALEZ Government grace period increased interest International Development investment irrigation Ivory Coast Japan join the Fund landlocked least-developed lending Libya loans Mali Mauritania meeting membership ment Niger Nigeria OPEC operations ordinary capital organizations paragraph payment percent President problems programme projects pursuant regional repayment representing road Rwanda Sahel Senegal share Somalia Special Fund statement subcommittee subscription Sudan technical assistance tion U.S. contribution U.S. participation United Nations units of account Upper Volta World Bank
Popular passages
Page 210 - Any question of interpretation of the provisions of this Agreement arising between any member and the Fund or between any members of the Fund shall be submitted to the Executive Directors for their decision.
Page 208 - Bank waives this immunity; (ii) not being local nationals, shall be accorded the same immunities from immigration restrictions, alien registration requirements and national service obligations and the same facilities as regards exchange restrictions as are accorded by members to the representatives, officials, and employees of comparable rank of other members...
Page 207 - Bank shall possess juridical personality and, in particular, full capacity : (a) to contract; (b) to acquire and dispose of immovable and movable property; and -{c) to institute legal proceedings.
Page 187 - ... economic development of the region. The Bank may carry out its operations in any of the following ways...
Page 241 - In witness whereof the undersigned, being duly authorised thereto, have signed this Convention. Done at The Hague, on the 25th day of October, 1980, in the English and French languages, both texts being equally authentic, in a single copy which shall be deposited in the archives of the Government of the...
Page 98 - Whenever (i) the par value of a member's currency is reduced, or (ii) the foreign exchange value of a member's currency has, in the opinion of the Fund, depreciated to a significant extent within that member's territories...
Page 201 - Fund, in the discharge of their functions, shall owe their duty entirely to the Fund and to no other authority. Each member of the Fund shall respect the international character of this duty and shall refrain from all attempts to influence any of the staff in the discharge of his functions.
Page 204 - ... remains liable, as borrower or guarantor, to the Bank and such amount may, at the option of the Bank, be applied on any such liability as it matures. No amount shall be withheld on account of the liability of the government resulting from its subscription for shares under Article II, Section 5 (ii).
Page 182 - The minimum number of shares to be subscribed by the original members shall be those set forth in Schedule A.
Page 225 - Whenever the par value of a member's currency is increased, the Bank shall return to such member within a reasonable time an amount of that member's currency equal to the increase in the value of the amount of such currency described in (a) above.