U.S. Participation in the Multilateral Development Institutions: Hearing Before the Subcommittee on International Development Institutions and Finance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-seventh Congress, First Session, March 11, 1981 |
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Page 5
... borrowers . These adjustments are necessary , however , to enable the United States to carry out its share of these internationally negotiated agreements and still meet the demands of a tightly disciplined overall U.S. budget . We have ...
... borrowers . These adjustments are necessary , however , to enable the United States to carry out its share of these internationally negotiated agreements and still meet the demands of a tightly disciplined overall U.S. budget . We have ...
Page 6
... borrowers in fiscal year 1980 - Brazil , Turkey , Indonesia , Korea , Thailand , Colombia , and the Philip- pines - provides a good indication of how this leveraged lending contributes to U.S. security by way of its contributions to ...
... borrowers in fiscal year 1980 - Brazil , Turkey , Indonesia , Korea , Thailand , Colombia , and the Philip- pines - provides a good indication of how this leveraged lending contributes to U.S. security by way of its contributions to ...
Page 7
... borrowers and become available for relending . After more than 1 year of difficult negotiations , 33 donor coun- tries agreed in December 1979 on a $ 12 billion sixth replenishment of IDA resources . The IDA VI replenishment was ...
... borrowers and become available for relending . After more than 1 year of difficult negotiations , 33 donor coun- tries agreed in December 1979 on a $ 12 billion sixth replenishment of IDA resources . The IDA VI replenishment was ...
Page 63
... borrower is obligated to repay loans made to it by the Bank in the same currency as was disbursed or was used by the Bank to purchase the currency needed by the borrower . All such currency payments must be equivalent to the requisite ...
... borrower is obligated to repay loans made to it by the Bank in the same currency as was disbursed or was used by the Bank to purchase the currency needed by the borrower . All such currency payments must be equivalent to the requisite ...
Page 141
... borrowers advice and assistance in every stage of the development process , from pro- ject preparation and technical assistance , to project financing , to project supervision and economic policy advice . IDA provides the U.S. and other ...
... borrowers advice and assistance in every stage of the development process , from pro- ject preparation and technical assistance , to project financing , to project supervision and economic policy advice . IDA provides the U.S. and other ...
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Common terms and phrases
additional administration AFDB AFDF African Development Bank African Development Fund agricultural amount Annex annual appropriations Articles of Agreement Asian Development Bank Agreement Bank's Board of Directors Board of Governors borrowers budget callable capital capital increase Chairman PATTERSON contributors credits deposited developing countries disbursements dollars economic Executive Directors Fifth financing fiscal growth IBRD Iceland IDA lending IDA's resources IDA6 initial subscription installment Instrument of Commitment Inter-American Development Bank International Development Association JAMES COYNE LAFALCE legislation loans maintenance of value majority MCNAMAR MDB's member countries ment million multilateral development banks Nat'l Curr negotiations nonregional countries nonregional members obligations paid-in capital paragraph payment percent poorest countries President projects proposed regional members Resolution respect Saudi Arabia Section sector Sixth Replenishment subscribe subscription votes subscriptions and contributions thereof total voting power U.S. participation U.S. share Units of Account unqualified commitments voting rights World Bank
Popular passages
Page 69 - ... 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 102 - 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 88 - Directors representing not less than two-thirds of the total voting power of the members, determines to permit procurement in a non-member country or of goods and services produced in a non-member country in special circumstances making such procurement appropriate, as in the case of a non-member country in which a significant amount of financing has been provided to the Bank...
Page 108 - ... 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 103 - Executive Directors, shall be communicated to the Chairman of the Board of Governors who shall bring the proposal before the Board.
Page 102 - ... (iii) shall be granted the same treatment in respect of travelling facilities as is accorded by members to representatives, officials and employees of comparable rank of other members.
Page 70 - ... members, representing not less than three-fourths of the total voting power of the members.
Page 91 - 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...
Page 103 - 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 63 - 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 of the Bank. Article...