INTERNATIONAL BANK FOR RECONSTRUCTION AND
                             DEVELOPMENT

                               BOARD OF GOVERNORS



                                  Resolution No. 636

          Direct Remuneration of Executive Directors and their Alternates


RESOLVED:

    THAT effective July 1, 2014, 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 of $252,720 for Executive Directors and $218,620 for
Alternate Executive Directors.



                                                           (Adopted on August 5, 2014)