INTERNATIONAL DEVELOPMENT ASSOCIATION BOARD OF GOVERNORS Resolution No. 227 Additions to Resources: Sixteenth Replenishment WHEREAS: (A) The Executive Directors of the International Development Association (the “Association�) have considered the prospective financial requirements of the Association and have concluded that it is desirable to authorize a replenishment of the resources of the Association for new financing commitments for the period from July 1, 2011 to June 30, 2014 (the “Sixteenth Replenishment�) in the amounts and on the basis set out in the report of the IDA Deputies, “Additions to Resources: Sixteenth Replenishment,� (the “Report�), approved by the Executive Directors on February 15, 2011 (modified on March 18, 2011), and submitted to the Board of Governors; (B) The members of the Association consider that an increase in the resources of the Association is required and intend to take all necessary governmental and legislative action to authorize and approve the allocation of additional resources to the Association in the amounts and on the conditions set out in this Resolution; (C) Members of the Association that contribute resources to the Association in addition to their subscriptions as part of the Sixteenth Replenishment (“Contributing Members�) are to make available their contributions pursuant to the Articles of Agreement of the Association (the “Articles�) partly in the form of subscriptions carrying voting rights and partly as supplementary resources in the form of contributions not carrying voting rights; (D) Additional subscriptions are to be authorized for Contributing Members in this Resolution on the basis of their agreement with respect to their preemptive rights under Article III, Section 1(c) of the Articles, and provision is made for the other members of the Association (“Subscribing Members�) intending to exercise their rights pursuant to that provision to do so; (E) It is desirable to provide for a portion of resources to be contributed by members to be paid to the Association as advance contributions; (F) Additional subscriptions and contributions are to be authorized for Contributing Members to provide compensation for the Association’s debt forgiveness commitments under the Heavily Indeb ted Poor Countries (“HIPC�) Debt Initiative; to provide financing for arrears clearance operations by the Association; to provide compensation for forgone principal reflows from the making of grants, and to provide financing for the Crisis Response Window; (G) It is desirable to authorize the Association to provide financing in the form of grants, guarantees and the intermediation of risk management products in addition to loans; and IDA Resolution No. 227 Page 2 of 11 (H) It is desirable to administer any remaining funds from the replenishment authorized by Resolution No. 219 of the Board of Governors of the Association (the “Fifteenth Replenishment�) as part of the Sixteenth Replenishment. NOW THEREFORE THE BOARD OF GOVERNORS HEREBY ACCEPTS the Report as approved by the Executive Directors, ADOPTS its conclusions and recommendations AND RESOLVES THAT a general increase in subscriptions of the Association is authorized on the following terms and conditions: 1. Authorization of Subscriptions and Contributions. (a) The Association is authorized to accept additional resources from each Contributing Member in the amounts specified for each such member in Columns (2) (3) (7), and (10) of Table 1 attached to this Resolution, and each such amount will be divided into a subscription carrying voting rights and a contribution not carrying voting rights as specified in Table 2 attached to this Resolution. (i) As part of the resources described in paragraph 1(a) above, the Association is authorized to accept additional subscriptions and contributions from Contributing Members to compensate the Association for the Association’s debt forgiveness commitments under the HIPC Debt Initiative in the amounts and as specified in Column (7) of Table 1 attached to this Resolution. (ii) As part of the resources described in paragraph 1(a) above, the Association is authorized to accept additional subscriptions and contributions from Contributing Members to finance arrears clearance operations in the amounts and as specified in Column (10) of Table 1 attached to this Resolution. (iii) As part of the resources described in paragraph 1(a) above, the Association is authorized to accept additional subscriptions and contributions from Contributing Members finance forgone principal reflows from the making of grants in the amounts and as specified in Column (12) of Table 1 attached to this Resolution. (b) The Association is authorized to accept additional resources from any member for which no contribution is specified in Table 2 and additional subscriptions and contributions from Contributing Members incremental to the amounts specified for each such member in Table 1; (c) The Association is authorized to accept additional subscriptions from each Subscribing Member in the amount specified for each such member in Table 2. (d) The rights and obligations of the Association and the Contributing Members in respect of the authorized subscriptions and contributions in paragraphs (a) and (b) above will be the same (except as otherwise provided in this Resolution) as those applicable to the ninety per cent portion of the initial subscriptions of original members payable under Article II, Section 2(d) of the Articles of Agreement (the “Articles�) by members listed in Part I of Schedule A of the Articles. 2. Agreement to Pay. (a) When a Contributing Member agrees to pay its subscription and contribution, or a Subscribing Member agrees to pay its subscription, it will deposit with the Association an Instrument of Commitment substantially in the form set out in Attachment I to this Resolution ( “Instrument of Commitment�) and, with respect to its contribution for debt forgiveness under the HIPC Debt Initiative or for arrears clearance operations, a Contributing Member will either include such contribution in an Instrument of Commitment or make a Debt Relief Transfer Contribution, as defined and specified in paragraph 9(a) of this Resolution. (b) When a Contributing Member agrees to pay a part of its subscription and contribution without qualification and the remainder is subject to enactment by its legislature of the necessary IDA Resolution No. 227 Page 3 of 11 appropriation legislation, it will deposit a qualified Instrument of Commitment in a form acceptable to the Association (“Qualified Instrument of Commitment�) and such member: (i) undertakes to exercise its best efforts to obtain legislative approval for the full amount of its subscription and contribution by the payment dates set out in paragraph 3(b) of this Resolution; and (ii) agrees that, upon obtaining such approvals, it will notify the Association that any parts of its Qualified Instrument of Commitment have become unqualified. 3. Payment. (a) Each Subscribing Member will pay to the Association the amount of its subscription in full within 31 days after the date of deposit of its Instrument of Commitment; provided that if the Sixteenth Replenishment shall not have become effective by December 15, 2011, payment may be postponed by the member for not more than 31 days after the Effective Date as defined in paragraph 6(a) of this Resolution. (b) Each Contributing Member that deposits an Instrument of Commitment that is not a Qualified Instrument of Commitment will pay to the Association the amount of its subscription and contribution in three equal annual installments no later than 31 days after the Effective Date or as agreed with the Association, January 15, 2013, and January 15, 2014; provided that: (i) the Association and each Contributing Member may agree to earlier payment; (ii) if the Sixteenth Replenishment shall not have become effective by December 15, 2011, payment of the first such installment may be postponed by the member for not more than 31 days after the date on which the Sixteenth Replenishment becomes effective; (iii) the Association may agree to the postponement of any installment, or part thereof, if the amount paid, together with any unused balance of previous payments by the Contributing Member concerned, is at least equal to the amount estimated by the Association to be required from that member up to the due date of the next installment for purposes of disbursements for financing committed under the Sixteenth Replenishment; and (iv) if any Contributing Member deposits an Instrument of Commitment with the Association after the date when the first installment of the subscription and contribution is due, payment of any installment, or part thereof, will be made to the Association within 31 days after the date of such deposit. (c) If a Contributing Member has deposited a Qualified Instrument of Commitment and, upon enactment of appropriation legislation, notifies the Association that an installment, or part thereof, is unqualified after the date when it was due, then payment of such installment, or part thereof, will be made within 31 days after the date of such notification. 4. Mode of Payment. (a) Payments pursuant to this Resolution will be made, at the option of the member: (i) in cash, on terms agreed between the member and the Association; or (ii) by the deposit of notes or similar obligations issued by the government of the member or the depository designated by such member, which shall be non-negotiable, non-interest bearing and payable at their par value on demand to the account of the Association. (b) The Association will encash notes or similar obligations of Contributing Members, on an approximately pro rata basis among donors, in accordance with the encashment schedule set out at Attachment II to this Resolution, or as agreed between a Contributing Member and the Association. With respect to a Contributing Member that is unable to comply with one or more encashment requests, the Association may agree with the member on a revised encashment schedule that yields at least an equivalent value to the Association. (c) The provisions of Article IV, Section 1(a) of the Articles will apply to the use of a Subscribing Member's currency paid to the Association pursuant to this Resolution. IDA Resolution No. 227 Page 4 of 11 5. Currency of Denomination and Payment. (a) Members will denominate the resources to be made available pursuant to this Resolution in SDRs, the currency of the member if freely convertible, or, with the agreement of the Association, in a freely convertible currency of another member, except that if a Contributing Member's economy experienced a rate of inflation in excess of ten percent per annum on average in the period 2007-2009, as determined by the Association, its subscription and contribution will be denominated in SDRs or in any currency used for the valuation of the SDR and agreed with the Association. (b) Contributing Members will make payments pursuant to this Resolution in SDRs, a currency used for the valuation of the SDR, or, with the agreement of the Association, in another freely convertible currency, and the Association may freely exchange the amounts received as required for its operations. Subscribing Members will make payments in the currency of the member or in a freely convertible currency with the agreement of the Association. (c) Each member will maintain, in respect of its currency paid by it under this Resolution, and the currency of such member derived therefrom as principal, interest or other charges, the same convertibility as existed on the effective date of this Resolution. (d) The provisions of Article IV, Section 2 of the Articles with respect to maintenance of value will not be applicable. 6. Effective Date. (a) The Sixteenth Replenishment will become effective and the resources to be contributed pursuant to this Resolution will become payable to the Association on the date (the “Effective Date�) when Contributing Members whose subscriptions and contributions aggregate not less than SDR 10,395 million shall have deposited with the Association Instruments of Commitment, Qualified Instruments of Commitment or Debt Relief Transfer Notifications (as defined in paragraph 9 (b) of this Resolution), provided that this date shall be not later than December 15, 2011, or such later date as the Executive Directors of the Association may determine. (b) If the Association determines that the availability of additional resources pursuant to this Resolution is likely to be unduly delayed, it shall convene promptly a meeting of the Contributing Members to review the situation and to consider the steps to be taken to prevent a suspension of financing to eligible recipients by the Association. 7. Advance Contributions. (a) In order to avoid an interruption in the Association's ability to commit financing to eligible recipients pending the effectiveness of the Sixteenth Replenishment, the Association may deem, prior to the Effective Date, one third of the total amount of each subscription and contribution for which an Instrument of Commitment has been deposited with the Association, or for which a Debt Relief Transfer Notification (as defined in paragraph 9(b) of this Resolution) has been received by the Association, as an “Advance Contribution�, unless the Contributing Member specifies otherwise in its Instrument of Commitment or Debt Relief Transfer Notification. (b) The Association shall specify when Advance Contributions pursuant to subparagraph (a) are to be paid to the Association. (c) The terms and conditions applicable to contributions to the Sixteenth Replenishment shall apply also to Advance Contributions until the Effective Date, when such contributions shall be deemed to constitute payment towards the amount due from each Contributing Member for its subscription and contribution. (d) In the event that the Sixteenth Replenishment shall not become effective pursuant to paragraph 6(a) of this Resolution, (i) voting rights will be allocated to each member for the Advance IDA Resolution No. 227 Page 5 of 11 Contribution as if it had been made as a subscription and contribution under this Resolution, and (ii) each member not making an Advance Contribution will have the opportunity to exercise its preemptive rights under Article III, Section 1(c) of the Articles with respect to such subscription as the Association shall specify. 8. Commitment Authority. (a) Subscriptions and contributions will become available for commitment by the Association for financing to eligible recipients in three equal annual installments: (i) the first installment will become available to the Association for commitment from the Effective Date, provided that advance contributions may become available earlier under paragraph 7(a) of this Resolution; (ii) the second installment will become available from July 1, 2012, and (iii) the third installment will become available from July 1, 2013. (b) Any qualified part of a subscription and contribution notified under a Qualified Instrument of Commitment will become available for commitment by the Association for financing when the Association has been notified, pursuant to paragraph 2(b) (ii) of this Resolution, that such parts have become unqualified. (c) The Association may enter into financing commitments with eligible recipients conditional on such commitments becoming effective and binding on the Association when resources under the Sixteenth Replenishment become available for commitment by the Association. 9. HIPC and Arrears Clearance Contributions. (a) Contributing Members making an additional subscription and contribution to compensate the Association for forgiveness of debt under the HIPC Debt Relief Initiative or to finance arrears clearance operations, will do so either: (i) through an additional subscription and contribution to the Association’s regular resources (a “Debt Relief Additional Contribution�) or (ii) through a creditor-specific contribution for the benefit of the Association to the HIPC window of the Debt Relief Trust Fund or a contribution to the arrears clearance window of the Debt Relief Trust Fund (each a “Debt Relief Transfer Contribution�). (b) Contributing Members making a Debt Relief Transfer Contribution will either (i) enter into a Contribution Agreement with the Association as administrator of the Debt Relief Trust Fund; or (ii) for Contributing Members that are already current contributors to the Debt Relief Trust Fund, send to the Association a notice of additional contribution or allocation to the appropriate window of the Debt Relief Trust Fund, (each a “Debt Relief Transfer Notification�). Such Debt Relief Transfer Notification will provide for a contribution to be made to the appropriate window of the Debt Relief Trust Fund in the amounts set forth in Columns (7) and (10) of Table 1 to this Resolution, each to be payable in three equal annual installments no later than 31 days after the Effective Date, January 15, 2013, and January 15, 2014; provided that the Association and each Contributing Member may agree to earlier payment. (c) When any amount of a Debt Relief Transfer Contribution is paid to compensate the Association for forgiveness of debt under the HIPC Debt Initiative or to finance arrears clearance operations, such amount of the Debt Relief Transfer Contribution will be treated as a subscription and contribution under the Sixteenth Replenishment. 10. Compensation for Forgone Principal Reflows. (a) Contributing Members making an additional subscription and contribution to finance forgone principal reflows from the making of grants will do so through an additional subscription and contribution to the Association’s regular resources (a “Grant Compensation Additional Contribution�). IDA Resolution No. 227 Page 6 of 11 11. Authorization of Grants, Guarantees and Risk Intermediation. The Association is hereby authorized to provide financing under the Sixteenth Replenishment in the form of grants and guarantees and through the intermediation of risk management products. 12. Administration of IDA15 Funds under the Sixteenth Replenishment. (a) On the Effective Date, any funds, receipts, assets and liabilities held by the Association under the Fifteenth Replenishment will be administered under the Sixteenth Replenishment, subject, as appropriate, to the terms and conditions applicable to the Fifteenth Replenishment. (b) Pursuant to Article V, Section 2(a)(i) of the Articles of Agreement of the Association, the Association is authorized to use the funds referred to in paragraph 11(a) above, and funds derived therefrom as principal, interest or other charges, to provide financing in the forms of grants and guarantees under the terms, conditions and policies applicable under the Sixteenth Replenishment. 13. Allocation of Voting Rights under Sixteenth Replenishment. Voting rights calculated on the basis of the current voting rights system will be allocated to members for subscriptions under the Sixteenth Replenishment as follows: (a) Each Subscribing Member that has deposited with the Association an Instrument of Commitment will be allocated the subscription votes specified for each such member in Table 2 on the effective payment date pursuant to paragraph 3(a) of this Resolution. Each Subscribing Member will be allocated the additional membership votes specified in Column c- 3 of Table 2 on the date such member is allocated its subscription votes. (b) Each Contributing Member that has deposited with the Association an Instrument of Commitment will be allocated one third of the subscription votes specified for each such member in Table 2 on each effective payment date pursuant to paragraph 3(b) of this Resolution. Each Contributing Member will be allocated the additional membership votes specified in Column b-4 of Table 2 for its subscription on the date such member is allocated the first one third of its subscription votes. (c) Each Contributing Member that has made a Debt Relief Transfer Contribution will be allocated a proportionate share of the subscription votes specified for such member in Column b-3 of Table 2 from time to time and at least semi-annually following payment of any amount of its Debt Relief Transfer Contribution to compensate the Association for forgiveness of debt under the HIPC Debt Initiative or to finance arrears clearance operations. (d) Each member that has deposited with the Association a Qualified Instrument of Commitment will be allocated subscription votes at the time and to the extent of payments made in respect of its subscription and contribution. (e) Any member that deposits its Instrument of Commitment after any of these dates will be allocated, within 31 days of the date of such deposit, the subscription votes to which such member is entitled on account of such deposit. (f) If a member fails to pay any amount of its subscription or subscription and contribution when due, the number of subscription votes allocated from time to time to such member under this Resolution in respect of the Sixteenth Replenishment will be reduced in proportion to the shortfall in such payments, but any such votes will be reallocated when the shortfall in payments causing such adjustment is subsequently made up. (Adopted on April 26, 2011) Table 1: Contributions to the Sixteenth Replenishment Basic Contributions Supplemental Sub-total Contributions HIPC Costs Arrears Clearance Grant Compensation Total Donor Contributions Credit FX Rates Currency of Share SDR Million SDR Million SDR Million NC Million 10/ Share SDR Million NC Million 10/ Share SDR Million NC Million 10/ Share SDR Million NC Million 10/ Share SDR Million NC Million 10/ NC Million 10/ (NC/SDR) Denomination Contributing Members Hide (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) AR Argentina 0.20% 41.30 - 41.30 62.04 0.20% 2.78 4.18 0.20% 0.80 1.20 0.20% 0.12 0.18 0.20% 45.00 67.60 - 1.502330 USD AU Australia 1.80% 370.67 59.44 430.12 723.60 1.61% 22.34 37.58 1.61% 6.44 10.84 1.61% 0.97 1.63 2.05% 459.86 773.64 - 1.682330 AUD AT Austria 3/5/ 1.56% 321.58 10.97 332.55 376.88 0.86% 11.93 13.98 0.86% 3.44 4.03 0.86% 0.52 0.60 1.55% 348.44 395.50 12.86 1.171980 EUR BS Bahamas, The 0.01% 2.37 - 2.37 3.56 0.01% 0.16 0.24 0.01% 0.05 0.07 0.01% 0.01 0.01 0.01% 2.58 3.88 - 1.502330 USD BB Barbados 0.002% 0.41 - 0.41 1.24 0.002% 0.03 0.08 0.002% 0.01 0.02 0.002% 0.00 0.00 0.002% 0.45 1.35 - 2.999800 BBD BE Belgium 3/ 1.55% 319.51 - 319.51 374.46 1.71% 23.73 27.81 1.71% 6.84 8.02 1.71% 1.03 1.20 1.56% 351.10 411.49 - 1.171980 EUR BR Brazil 3/ 0.26% 54.19 - 54.19 144.16 0.67% 9.30 24.73 0.67% 2.68 7.13 0.67% 0.40 1.07 0.30% 66.56 177.09 - 2.660540 BRL CA Canada 3.98% 820.42 11.99 832.41 1,292.26 4.14% 57.44 89.17 4.14% 16.56 25.71 4.14% 2.48 3.86 4.05% 908.90 1,411.00 - 1.552430 CAD CL Chile 3/ 0.10% 21.08 - 21.08 31.66 0.10% 1.42 2.13 0.10% 0.41 0.61 0.10% 0.06 0.09 0.10% 22.96 34.50 - 1.502330 USD CN China 3/ 0.15% 31.43 73.74 105.17 158.00 0.10% 1.39 2.08 0.10% 0.40 0.60 0.10% 0.06 0.09 0.48% 107.02 160.78 - 1.502330 USD CY Cyprus 3/ 0.02% 4.12 - 4.12 4.83 0.02% 0.28 0.33 0.02% 0.08 0.09 0.02% 0.01 0.01 0.02% 4.49 5.26 - 1.171980 EUR CZ Czech Republic 5/ 0.05% 10.31 0.74 11.05 305.21 0.06% 0.83 24.65 0.06% 0.24 7.11 0.06% 0.04 1.07 0.05% 12.15 338.03 21.90 29.612170 CZK DK Denmark 3/ 1.08% 222.63 - 222.63 1,942.73 1.21% 16.79 146.50 1.21% 4.84 42.25 1.21% 0.73 6.34 1.09% 244.98 2,137.81 - 8.726400 DKK EG Egypt 1/3/4/ 0.007% 1.37 - 1.37 1.92 0.01% 0.14 0.21 0.01% 0.04 0.06 0.01% 0.01 0.01 0.007% 1.56 2.20 0.14 1.502330 USD EE Estonia 0.01% 2.67 - 2.67 3.13 0.01% 0.14 0.16 0.01% 0.04 0.05 0.01% 0.01 0.01 0.01% 2.85 3.35 - 1.171980 EUR FI Finland 0.94% 193.44 12.80 206.24 241.71 0.66% 9.16 10.73 0.66% 2.64 3.09 0.66% 0.40 0.46 0.97% 218.43 256.00 - 1.171980 EUR FR France 3/ 4.88% 1,006.11 - 1,006.11 1,511.51 6.62% 91.85 137.99 6.62% 26.49 39.79 6.62% 3.97 5.97 5.02% 1,128.42 1,695.26 - 1.502330 USD DE Germany 3/4/ 6.01% 1,238.61 - 1,238.61 1,215.27 11.37% 157.76 157.76 11.37% 45.49 45.49 10.30% 6.18 6.18 6.45% 1,448.04 1,424.69 23.34 1.000000 SDR GR Greece 9/ - - - - - - - - - - - - - - - - - - 1.171980 EUR HU Hungary 0.06% 12.37 - 12.37 4,038.74 0.06% 0.83 271.84 0.06% 0.24 78.39 0.06% 0.04 11.76 0.06% 13.48 4,400.73 - 326.543700 HUF IS Iceland 3/ 0.03% 6.18 - 6.18 6.18 0.03% 0.42 0.42 0.03% 0.12 0.12 0.03% 0.02 0.02 0.03% 6.74 6.74 - 1.000000 SDR IR Iran, Islamic Republic of 1/ 0.05% 11.24 - 11.24 16.89 0.05% 0.76 1.14 0.05% 0.22 0.33 0.05% 0.03 0.05 0.05% 12.25 18.40 - 1.502330 USD IE Ireland 9/ - - - - - - - - - - - - - - - - - - 1.171980 EUR IL Israel 7/ 0.07% 14.43 - 14.43 82.14 0.11% 1.53 8.69 0.11% 0.44 2.51 0.11% 0.07 0.38 0.07% 16.46 93.71 - 5.692650 ILS IT Italy 3/ 2.23% 458.81 - 458.81 537.72 3.80% 52.72 61.79 3.80% 15.20 17.82 3.80% 2.28 2.67 2.36% 529.02 620.00 - 1.171980 EUR JP Japan 10.41% 2,146.41 - 2,146.41 286,910.50 16.00% 222.00 29,674.26 16.00% 64.02 8,557.02 16.00% 9.60 1,283.23 10.87% 2,442.02 326,425.00 - 133.669960 JPY KK Kazakhstan 3/ 0.01% 1.83 - 1.83 2.75 0.01% 0.12 0.19 0.01% 0.04 0.05 0.01% 0.01 0.01 0.01% 2.00 3.00 - 1.502330 USD KR Korea 3/ 1.00% 206.14 - 206.14 363,544.69 1.00% 13.87 24,469.82 1.00% 4.00 7,056.24 1.00% 0.60 1,058.17 1.00% 224.61 396,128.93 - 1,763.618920 KRW KWKuwait 3/ 0.24% 49.01 - 49.01 21.28 0.15% 2.07 0.90 0.15% 0.60 0.26 0.15% 0.09 0.04 0.23% 51.78 22.48 - 0.434080 KWD LV Latvia 7/ 0.01% 2.06 - 2.06 2.42 0.01% 0.14 0.16 0.01% 0.04 0.05 0.01% 0.01 0.01 0.01% 2.25 2.63 - 1.171980 EUR LT Lithuania 3/6/ 0.01% 1.88 - 1.88 2.20 0.01% 0.13 0.15 0.01% 0.04 0.04 0.01% 0.01 0.01 0.01% 2.05 2.40 - 1.171980 EUR LU Luxembourg 3/ 0.19% 38.17 - 38.17 44.74 0.19% 2.64 3.09 0.21% 0.84 0.99 0.19% 0.11 0.13 0.19% 41.76 48.95 - 1.171980 EUR MXMexico 3/ 0.32% 65.03 - 65.03 1,238.88 0.06% 0.83 15.86 0.06% 0.24 4.57 0.06% 0.04 0.69 0.29% 66.14 1,260.00 - 19.051300 MXN NL Netherlands 3/ 3.00% 618.41 - 618.41 724.76 2.87% 39.82 46.67 2.87% 11.48 13.46 2.87% 1.72 2.02 2.99% 671.43 786.91 - 1.171980 EUR NZ New Zealand 3/ 0.12% 24.74 - 24.74 52.40 0.13% 1.80 3.82 0.13% 0.52 1.10 0.13% 0.08 0.17 0.12% 27.14 57.49 - 2.118260 NZD NO Norway 3/4/ 1.31% 269.38 - 269.38 2,337.00 1.68% 23.31 216.94 1.68% 6.72 62.56 1.68% 1.01 9.38 1.34% 300.42 2,625.88 170.08 9.306810 NOK PE Peru 0.05% 9.47 - 9.47 14.23 0.05% 0.64 0.96 0.05% 0.18 0.28 0.05% 0.03 0.04 0.05% 10.32 15.50 - 1.502330 USD PH Philippines 3/8/ 0.03% 6.90 - 6.90 10.37 0.03% 0.46 0.70 0.03% 0.13 0.20 0.03% 0.02 0.03 0.03% 7.52 11.30 - 1.502330 USD PL Poland 3/ 0.03% 6.18 - 6.18 6.18 0.03% 0.42 0.42 0.03% 0.12 0.12 0.03% 0.02 0.02 0.03% 6.74 6.74 - 1.000000 SDR PT Portugal 3/ 0.08% 15.56 - 15.56 18.24 0.22% 3.05 3.58 0.22% 0.88 1.03 0.22% 0.13 0.15 0.09% 19.62 23.00 - 1.171980 EUR RU Russia 1/ 0.35% 72.15 36.89 109.03 109.03 0.35% 4.86 4.86 0.35% 1.40 1.40 0.35% 0.21 0.21 0.51% 115.50 115.50 - 1.000000 SDR SA Saudi Arabia 0.22% 45.35 20.29 65.63 98.61 0.43% 5.97 8.96 0.43% 1.72 2.58 0.43% 0.26 0.39 0.33% 73.58 110.54 - 1.502330 USD SG Singapore 3/ 0.15% 31.14 - 31.14 46.78 0.08% 1.11 1.67 0.08% 0.32 0.48 0.08% 0.05 0.07 0.15% 32.62 49.00 - 1.502330 USD SK Slovak Republic 0.01% 2.06 - 2.06 2.42 0.01% 0.14 0.16 0.01% 0.04 0.05 0.01% 0.01 0.01 0.01% 2.25 2.63 - 1.171980 EUR SI Slovenia 3/ 0.03% 5.42 - 5.42 6.35 0.03% 0.42 0.49 0.03% 0.12 0.14 0.03% 0.02 0.02 0.03% 5.97 7.00 - 1.171980 EUR ZA South Africa 5/ 0.09% 18.55 2.92 21.47 224.14 0.09% 1.25 13.95 0.09% 0.36 4.02 0.09% 0.05 0.60 0.10% 23.14 242.72 15.78 11.172980 ZAR ES Spain 3/4/ 3.17% 652.58 - 652.58 724.76 1.99% 27.61 32.36 1.99% 7.96 9.33 1.99% 1.19 1.40 3.07% 689.34 767.85 40.05 1.171980 EUR SE Sweden 2.96% 610.16 - 610.16 6,801.31 2.89% 40.10 446.96 2.89% 11.56 128.89 2.89% 1.73 19.33 2.95% 663.56 7,396.48 - 11.146730 SEK CH Switzerland 3/ 2.10% 432.88 - 432.88 432.88 2.10% 29.14 29.14 2.10% 8.40 8.40 2.10% 1.26 1.26 2.10% 471.68 471.68 - 1.000000 SDR TR Turkey 3/ 0.06% 13.07 - 13.07 30.00 0.00% - - 0.00% - - 0.00% - - 0.06% 13.07 30.00 - 2.294950 TRY GB United Kingdom 12.08% 2,489.34 - 2,489.34 2,459.72 11.19% 155.26 153.41 11.19% 44.77 44.24 11.19% 6.71 6.63 12.00% 2,696.08 2,664.00 - 0.988100 GBP US United States 3/ 11.36% 2,341.05 - 2,341.05 3,517.03 20.12% 279.16 419.39 20.12% 80.50 120.94 20.12% 12.07 18.14 12.08% 2,712.79 4,075.50 - 1.502330 USD ## Sub-total 74.42% 15,340.17 229.77 15,569.94 95.14% 1,320.01 95.16% 380.73 94.07% 56.44 77.14% 17,327.12 Additional financing 2/ 1.14% 233.99 233.99 1.04% 233.99 Structural financing gap 24.45% 5,039.41 4,809.63 4.86% 67.47 4.84% 19.37 5.93% 3.56 21.82% 4,900.03 Total 100.00% 20,613.56 20,613.56 100.00% 1,387.48 100.00% 400.10 100.00% 60.00 100.00% 22,461.14 1/ Contributions of countries with an average inflation rate exceeding 10% over the 2007-2009 period would be denominated in SDRs or in any currency used for the valuation of the SDR and agreed with the association. 2/ Represents the investment income generated by using a regular encashment profile of 9 years. 3/ Indicative contribution, subject to government and/or parliamentary approval. 4/ Includes an increase in basic share achieved through accelerated encashments. 5/ Supplemental contributions provided through accelerated encashments. 6/ Country is not yet a member of IDA. 7/ As proposed by Management, for government consideration. 8/ Contingent on adoption of the 2010 selective capital increase resolution by IBRD's Board of Governors. 9/ Pledge outstanding. 10/ The amounts in national currency ('NC') exclude individual acceleration credits (when applicable), which are included in the SDR amounts. The equivalent NC amount of any individual acceleration credit is shown separately in column 18. Table 2: Subscriptions, Contributions and Votes (Amounts in US$ Equivalent) Part I Current Status (before IDA16) Additional Votes Stemming from IDA16 Status Including IDA16 Adjusted Voting Power Total Total Subscriptions Contributions Total Cumulative Subscription Membership Total Voting Subscription Membership Total Cumulative as % of Subscription Contributions Subscription as % of Membership Voting Carrying Votes Resources Votes Votes Power % Total Resources Votes Votes Resources Part I Carrying Votes Votes Part I. Votes Total Votes Power % Member (a-1) (a-2) (a-3) (a-4) (a-5) (a-6) (b-1) (b-2) (b-3) (d-1) (d-2) (d-3) (d-4) (f-1) (f-2) (f-3) (f-4) (f-5) AUSTRALIA 30,055,852 3,613,561,653 3,643,617,505 211,644 42,600 1.05% 700,328,008 49,457 5,800 4,343,945,513 2.01% 31,292,277 4,312,653,236 261,101 2.01% 48,400 309,501 1.12% AUSTRIA 9,254,913 2,011,210,220 2,020,465,133 120,928 42,600 0.68% 530,409,256 32,397 5,800 2,550,874,389 1.18% 10,064,838 2,540,809,551 153,325 1.18% 48,400 201,725 0.73% BELGIUM 15,384,432 3,341,290,471 3,356,674,903 201,206 42,600 1.01% 534,264,310 32,667 5,800 3,890,939,213 1.80% 16,201,107 3,874,738,106 233,873 1.80% 48,400 282,273 1.02% CANADA 60,577,316 8,936,324,082 8,996,901,398 538,999 42,600 2.40% 1,383,026,465 84,907 5,800 10,379,927,863 4.80% 62,699,991 10,317,227,872 623,906 4.80% 48,400 672,306 2.43% DENMARK 15,269,814 2,901,241,329 2,916,511,143 175,286 42,600 0.90% 372,776,403 22,423 5,800 3,289,287,546 1.52% 15,830,389 3,273,457,157 197,709 1.52% 48,400 246,109 0.89% ESTONIA 279,952 3,914,542 4,194,494 249 41,700 0.17% 4,347,960 264 5,800 8,542,454 0.00% 286,552 8,255,902 513 0.00% 47,500 48,013 0.17% FINLAND 6,883,226 1,440,158,811 1,447,042,037 86,932 42,600 0.54% 332,636,537 20,039 5,800 1,779,678,574 0.82% 7,384,201 1,772,294,373 106,971 0.82% 48,400 155,371 0.56% FRANCE 86,540,803 13,975,003,021 14,061,543,824 842,490 42,600 3.66% 1,717,070,573 105,915 5,800 15,778,614,397 7.30% 89,188,678 15,689,425,719 948,405 7.30% 48,400 996,805 3.61% GERMANY 98,162,930 21,185,666,989 21,283,829,919 1,274,224 42,600 5.44% 2,204,752,598 137,604 5,800 23,488,582,517 10.87% 101,603,030 23,386,979,487 1,411,828 10.87% 48,400 1,460,228 5.29% GREECE 4,008,015 211,804,325 215,812,340 12,972 42,600 0.23% - - - 215,812,340 0.10% 4,008,015 211,804,325 12,972 0.10% 42,600 55,572 0.20% ICELAND 234,175 74,058,045 74,292,220 4,459 42,600 0.19% 10,258,423 623 5,800 84,550,643 0.04% 249,750 84,300,893 5,082 0.04% 48,400 53,482 0.19% IRELAND 4,514,550 490,809,457 495,324,007 29,655 42,600 0.30% - - - 495,324,007 0.23% 4,517,475 490,806,532 29,772 0.23% 42,600 72,372 0.26% ITALY 36,356,298 8,913,025,983 8,949,382,281 536,235 42,600 2.39% 805,653,407 50,111 5,800 9,755,035,688 4.52% 37,609,073.00 9,717,426,615 586,346 4.52% 48,400 634,746 2.30% JAPAN 90,375,908 32,272,237,268 32,362,613,176 1,937,767 42,600 8.18% 3,718,991,063 230,990 5,800 36,081,604,239 16.70% 96,150,658.00 35,985,453,581 2,168,757 16.70% 48,400 2,217,157 8.03% KUWAIT 5,451,615 865,021,507 870,473,122 51,816 41,700 0.39% 78,855,009 5,245 5,800 949,328,131 0.44% 5,582,740 943,745,391 57,061 0.44% 47,500 104,561 0.38% LATVIA 230,369 7,327,036 7,557,405 454 42,600 0.18% 3,419,474 206 5,800 10,976,879 0.01% 235,519 10,741,360 660 0.01% 48,400 49,060 0.18% LITHUANIA 525,273 4,631,778 5,157,051 306 41,700 0.17% 3,121,566 192 5,800 8,278,617 0.00% 530,073 7,748,544 498 0.00% 47,500 47,998 0.17% LUXEMBOURG 780,780 214,071,520 214,852,300 12,880 42,600 0.23% 63,599,472 3,857 5,800 278,451,772 0.13% 877,205 277,574,567 16,737 0.13% 48,400 65,137 0.24% NETHERLANDS 43,793,477 6,530,261,043 6,574,054,520 393,862 42,600 1.80% 1,022,534,426 62,746 5,800 7,596,588,946 3.52% 45,362,127 7,551,226,819 456,608 3.52% 48,400 505,008 1.83% NEW ZEALAND 399,702 273,785,576 274,185,278 15,988 42,600 0.24% 41,326,284 2,976 5,800 315,511,562 0.15% 474,102 315,037,460 18,964 0.15% 48,400 67,364 0.24% NORWAY 12,984,437 3,198,392,015 3,211,376,452 186,029 42,600 0.94% 457,145,597 34,475 5,800 3,668,522,049 1.70% 13,846,312 3,654,675,737 220,504 1.70% 48,400 268,904 0.97% PORTUGAL 4,708,053 280,337,816 285,045,869 17,187 42,600 0.25% 29,888,718 1,743 5,800 314,934,587 0.15% 4,751,628 310,182,959 18,930 0.15% 48,400 67,330 0.24% RUSSIA 2,544,316 391,871,722 394,416,038 27,975 42,600 0.29% 175,892,796 6,305 5,800 570,308,834 0.26% 2,701,941 567,606,893 34,280 0.26% 48,400 82,680 0.30% SLOVENIA 13,027,387 25,368,457 38,395,844 2,316 42,600 0.19% 9,093,300 538 5,800 47,489,144 0.02% 13,040,837 34,448,307 2,854 0.02% 48,400 51,254 0.19% SOUTH AFRICA 12,444,822 199,937,846 212,382,668 12,902 42,600 0.23% 35,209,488 1,980 5,800 247,592,156 0.11% 12,494,322 235,097,834 14,882 0.11% 48,400 63,282 0.23% SPAIN 19,716,698 3,192,554,158 3,212,270,856 192,753 42,600 0.97% 1,049,111,658 63,386 5,800 4,261,382,514 1.97% 21,301,348 4,240,081,166 256,139 1.97% 48,400 304,539 1.10% SWEDEN 23,204,360 6,482,682,264 6,505,886,624 389,621 42,600 1.79% 1,010,536,954 62,169 5,800 7,516,423,578 3.48% 24,758,585 7,491,664,993 451,790 3.48% 48,400 500,190 1.81% SWITZERLAND 15,026,514 3,808,778,357 3,823,804,871 229,994 42,600 1.13% 718,330,006 43,020 5,800 4,542,134,877 2.10% 16,102,014 4,526,032,863 273,014 2.10% 48,400 321,414 1.16% UNITED ARAB EMIRATES 10,729 5,189,119 5,199,848 619 748 0.01% - - 5,199,848 0.00% 10,729 5,189,119 619 0.00% 748 1,367 0.00% UNITED KINGDOM 193,809,041 22,255,373,504 22,449,182,545 1,325,061 42,600 5.65% 4,105,903,033 271,085 5,800 26,555,085,578 12.29% 200,586,166 26,354,499,412 1,596,146 12.29% 48,400 1,644,546 5.96% UNITED STATES 459,411,287 42,411,516,995 42,870,928,282 2,570,148 41,700 10.79% 4,131,341,606 255,017 5,800 47,002,269,888 21.76% 465,786,712 46,536,483,176 2,825,165 21.76% 47,500 2,872,665 10.40% Subtotal Part I 1,265,967,044 189,517,406,909 190,783,373,953 11,402,957 1,275,148 52.38% 25,249,824,390 1,582,337 162,400 216,033,198,343 100.00% 1,305,528,394 214,727,669,949 12,985,411 100% 1,437,548 14,422,959 52.23% Subtotal Part II 611,284,474 5,357,606,542 5,968,891,016 5,525,719 5,999,400 47.62% 6,373,139 100% 6,817,200 13,190,339 47.77% Grand Total 1,877,251,518 194,875,013,451 196,752,264,969 16,928,676 7,274,548 100.00% 19,358,550 100% 8,254,748 27,613,298 100.00% Notes: Current Status (a-1) to (a-6): It is assumed that the members that have outstanding commitments to subscribe or contribute to any previous Replenishment will fulfill their obligations. Amounts have been calculated, for purposes of the voting rights adjustment, by multiplying the subscriptions and contributions up to and including the Third Replenishment (which were expressed in terms of U.S. dollars of the weight and fineness in effect on January 1, 1960) by 1.20635 and adding thereto the dollar equivalents of the subscriptions and contributions under the Fourth through Fifteenth Replenishments at the agreed exchange rates. Allocation of Additional Votes with respect to Encashment: Subscription votes have been allocated on the imputed value of these contributions based on the related encashment schedule rather than the nominal amounts shown in contribution tables. For the Sixteenth Replenishment, this is included in column (b-1) for Part I countries, and for Part II countries in column (e-4). Table 2: Subscriptions, Contributions and Votes (Amounts in US$ Equivalent) Allocation for Exercise of Preemptive Rights Additional Resources Provided under IDA16 in Part II Current Status (before IDA16) to Maintain Part II Voting Power SDRs or Freely Convertible Currencies Adjusted Voting power Total Total Total Subscriptions Contributions Cumulative Subscription Membership Total Voting Subscription Subscription Membership Total Voting Subscription Subscription Total Additional Subscription as % of Membership Voting Carrying Votes Resources Votes Votes Power % Carrying Votes Votes Votes Power % Carrying Votes Votes Contributions Resources Votes part II Votes Total Votes Power % Member (a-1) (a-2) (a-3) (a-4) (a-5) (a-6) (c-1) (c-2) (c-3) (c-4) (e-1) (e-2) (e-3) (e-4) (f-1) (f-2) (f-3) (f-4) (f-5) AFGHANISTAN 1,587,971 0 1,587,971 13,596 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,515 0.24% 48,400 63,915 0.23% ALBANIA 368,521 0 368,521 3,368 42,600 0.19% 11,875 475 5,800 0.19% 0 0 0 0 3,843 0.06% 48,400 52,243 0.19% ALGERIA 6,323,710 0 6,323,710 53,702 42,600 0.40% 189,500 7,580 5,800 0.40% 0 0 0 0 61,282 0.96% 48,400 109,682 0.40% ANGOLA 9,898,681 0 9,898,681 83,960 42,600 0.52% 296,275 11,851 5,800 0.52% 0 0 0 0 95,811 1.50% 48,400 144,211 0.52% ARGENTINA 29,832,146 45,227,836 75,059,982 270,001 42,600 1.29% 952,800 38,112 5,800 1.29% 101,550 4,062 67,477,095 68,531,445 312,175 4.90% 48,400 360,575 1.31% ARMENIA 666,881 0 666,881 5,908 42,600 0.20% 20,850 834 5,800 0.20% 0 0 0 0 6,742 0.11% 48,400 55,142 0.20% AZERBAIJAN 1,137,799 0 1,137,799 9,912 42,600 0.22% 34,975 1,399 5,800 0.22% 0 0 0 0 11,311 0.18% 48,400 59,711 0.22% BAHAMAS, THE 594,017 0 594,017 4,971 41,700 0.19% 17,550 702 5,800 0.20% 5,900 236 3,916,643 3,940,093 5,909 0.09% 47,500 53,409 0.19% BANGLADESH 8,441,825 0 8,441,825 71,654 42,600 0.47% 252,850 10,114 5,800 0.47% 0 0 0 0 81,768 1.28% 48,400 130,168 0.47% BARBADOS 473,443 1,218,192 1,691,635 4,104 42,600 0.19% 14,475 579 5,800 0.19% 1,025 41 674,404 689,904 4,724 0.07% 48,400 53,124 0.19% BELIZE 320,521 0 320,521 2,932 42,600 0.19% 10,350 414 5,800 0.19% 0 0 0 0 3,346 0.05% 48,400 51,746 0.19% BENIN 791,301 0 791,301 6,930 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,908 0.12% 48,400 56,308 0.20% BHUTAN 85,579 0 85,579 952 42,600 0.18% 3,350 134 5,800 0.18% 0 0 0 0 1,086 0.02% 48,400 49,486 0.18% BOLIVIA 1,667,201 0 1,667,201 14,289 42,600 0.24% 50,425 2,017 5,800 0.23% 0 0 0 0 16,306 0.26% 48,400 64,706 0.23% BOSNIA & HERZEGOVINA 10,159,514 0 10,159,514 10,315 42,600 0.22% 36,400 1,456 5,800 0.22% 0 0 0 0 11,771 0.18% 48,400 60,171 0.22% BOTSWANA 263,071 1,515,927 1,778,998 2,613 42,600 0.19% 9,225 369 5,800 0.19% 0 0 0 0 2,982 0.05% 48,400 51,382 0.19% BRAZIL 31,644,726 737,722,501 769,367,227 334,728 42,600 1.56% 1,181,225 47,249 5,800 1.56% 150,550 6,022 100,035,345 101,367,120 387,999 6.09% 48,400 436,399 1.58% BURKINA FASO 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% BURUNDI 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% CAMBODIA 1,608,188 0 1,608,188 13,888 42,600 0.23% 49,000 1,960 5,800 0.23% 0 0 0 0 15,848 0.25% 48,400 64,248 0.23% CAMEROON 1,587,921 0 1,587,921 13,595 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,514 0.24% 48,400 63,914 0.23% CAPE VERDE 132,928 0 132,928 1,361 42,600 0.18% 4,800 192 5,800 0.18% 0 0 0 0 1,553 0.02% 48,400 49,953 0.18% CENTRAL AFRICAN REP. 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% CHAD 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% CHILE 5,542,425 0 5,542,425 47,169 42,600 0.37% 166,450 6,658 5,800 0.37% 52,300 2,092 34,746,972 34,965,722 55,919 0.88% 48,400 104,319 0.38% CHINA 47,788,704 29,896,775 77,685,479 415,384 42,600 1.89% 1,465,825 58,633 5,800 1.90% 242,725 9,709 161,279,875 162,988,425 483,726 7.59% 48,400 532,126 1.93% COLOMBIA 5,730,131 26,659,256 32,389,387 54,663 42,600 0.40% 192,900 7,716 5,800 0.40% 0 0 0 0 62,379 0.98% 48,400 110,779 0.40% COMOROS 132,928 0 132,928 1,361 42,600 0.18% 4,800 192 5,800 0.18% 0 0 0 0 1,553 0.02% 48,400 49,953 0.18% CONGO, DEM. REP. OF 4,743,236 0 4,743,236 40,405 42,600 0.34% 142,575 5,703 5,800 0.34% 0 0 0 0 46,108 0.72% 48,400 94,508 0.34% CONGO, REP. OF 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% COSTA RICA 320,006 0 320,006 2,898 42,600 0.19% 10,225 409 5,800 0.19% 0 0 0 0 3,307 0.05% 48,400 51,707 0.19% COTE D'IVOIRE 1,587,921 0 1,587,921 13,595 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,514 0.24% 48,400 63,914 0.23% CROATIA 23,885,013 0 23,885,013 23,854 42,600 0.27% 84,175 3,367 5,800 0.27% 0 0 0 0 27,221 0.43% 48,400 75,621 0.27% CYPRUS 1,207,798 5,813,426 7,021,224 10,730 42,600 0.22% 37,875 1,515 5,800 0.22% 10,225 409 6,790,849 6,838,949 12,654 0.20% 48,400 61,054 0.22% CZECH REPUBLIC 5,807,481 82,757,627 88,565,108 54,201 42,600 0.40% 191,275 7,651 5,800 0.40% 27,525 1,101 18,281,986 18,500,786 62,953 0.99% 48,400 111,353 0.40% DJIBOUTI 258,555 0 258,555 2,433 42,600 0.19% 8,575 343 5,800 0.19% 0 0 0 0 2,776 0.04% 48,400 51,176 0.19% DOMINICA 132,928 0 132,928 1,361 42,600 0.18% 4,800 192 5,800 0.18% 0 0 0 0 1,553 0.02% 48,400 49,953 0.18% DOMINICAN REPUBLIC 636,338 68,614 704,952 5,677 42,600 0.20% 20,025 801 5,800 0.20% 0 0 0 0 6,478 0.10% 48,400 54,878 0.20% ECUADOR 1,026,942 0 1,026,942 8,927 42,600 0.21% 31,500 1,260 5,800 0.21% 0 0 0 0 10,187 0.16% 48,400 58,587 0.21% EGYPT, ARAB REP. OF 8,012,733 1,927,733 9,940,466 69,345 42,600 0.46% 244,700 9,788 5,800 0.46% 3,200 128 2,122,098 2,369,998 79,261 1.24% 48,400 127,661 0.46% EL SALVADOR 476,714 23,707 500,421 4,243 42,600 0.19% 14,975 599 5,800 0.19% 0 0 0 0 4,842 0.08% 48,400 53,242 0.19% EQUATORIAL GUINEA 509,408 0 509,408 4,561 42,600 0.19% 16,100 644 5,800 0.19% 0 0 0 0 5,205 0.08% 48,400 53,605 0.19% ERITREA 148,843 0 148,843 1,503 42,600 0.18% 5,300 212 5,800 0.18% 0 0 0 0 1,715 0.03% 48,400 50,115 0.18% ETHIOPIA 791,748 23,707 815,455 6,942 42,600 0.20% 24,500 980 5,800 0.20% 0 0 0 0 7,922 0.12% 48,400 56,322 0.20% FIJI 885,902 0 885,902 7,759 42,600 0.21% 27,375 1,095 5,800 0.21% 0 0 0 0 8,854 0.14% 48,400 57,254 0.21% GABON 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% GAMBIA, THE 426,222 0 426,222 3,852 42,600 0.19% 13,600 544 5,800 0.19% 0 0 0 0 4,396 0.07% 48,400 52,796 0.19% GEORGIA 1,090,587 0 1,090,587 9,508 42,600 0.22% 33,550 1,342 5,800 0.22% 0 0 0 0 10,850 0.17% 48,400 59,250 0.21% GHANA 3,706,217 0 3,706,217 31,552 42,600 0.31% 111,350 4,454 5,800 0.31% 0 0 0 0 36,006 0.56% 48,400 84,406 0.31% GRENADA 146,967 0 146,967 1,428 42,600 0.18% 5,050 202 5,800 0.18% 0 0 0 0 1,630 0.03% 48,400 50,030 0.18% GUATEMALA 635,032 0 635,032 5,630 42,600 0.20% 19,875 795 5,800 0.20% 0 0 0 0 6,425 0.10% 48,400 54,825 0.20% GUINEA 1,587,921 0 1,587,921 13,595 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,514 0.24% 48,400 63,914 0.23% GUINEA-BISSAU 224,911 0 224,911 2,086 42,600 0.18% 7,350 294 5,800 0.18% 0 0 0 0 2,380 0.04% 48,400 50,780 0.18% GUYANA 1,277,925 0 1,277,925 11,061 42,600 0.22% 39,025 1,561 5,800 0.22% 0 0 0 0 12,622 0.20% 48,400 61,022 0.22% HAITI 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% Table 2: Subscriptions, Contributions and Votes (Amounts in US$ Equivalent) Allocation for Exercise of Preemptive Rights Additional Resources Provided under IDA16 in Part II Current Status (before IDA16) to Maintain Part II Voting Power SDRs or Freely Convertible Currencies Adjusted Voting power Total Total Total Subscriptions Contributions Cumulative Subscription Membership Total Voting Subscription Subscription Membership Total Voting Subscription Subscription Total Additional Subscription as % of Membership Voting Carrying Votes Resources Votes Votes Power % Carrying Votes Votes Votes Power % Carrying Votes Votes Contributions Resources Votes part II Votes Total Votes Power % Member (a-1) (a-2) (a-3) (a-4) (a-5) (a-6) (c-1) (c-2) (c-3) (c-4) (e-1) (e-2) (e-3) (e-4) (f-1) (f-2) (f-3) (f-4) (f-5) HONDURAS 476,375 0 476,375 4,235 42,600 0.19% 14,950 598 5,800 0.19% 0 0 0 0 4,833 0.08% 48,400 53,233 0.19% HUNGARY 12,057,834 114,972,921 127,030,755 112,222 42,600 0.64% 396,025 15,841 5,800 0.64% 30,225 1,209 20,090,597 20,516,847 129,272 2.03% 48,400 177,672 0.64% INDIA 64,457,320 0 64,457,320 583,234 42,600 2.59% 2,058,150 82,326 5,800 2.59% 0 0 0 0 665,560 10.44% 48,400 713,960 2.59% INDONESIA 17,409,096 0 17,409,096 147,547 42,600 0.79% 520,675 20,827 5,800 0.79% 0 0 0 0 168,374 2.64% 48,400 216,774 0.79% IRAN, ISLAMIC REP. OF 7,125,461 0 7,125,461 60,532 42,600 0.43% 213,600 8,544 5,800 0.43% 27,700 1,108 18,414,096 18,655,396 70,184 1.10% 48,400 118,584 0.43% IRAQ 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% ISRAEL 2,796,653 66,717,865 69,514,518 28,718 42,600 0.29% 101,350 4,054 5,800 0.29% 37,525 1,501 24,937,761 25,076,636 34,273 0.54% 48,400 82,673 0.30% JORDAN 476,375 0 476,375 4,235 42,600 0.19% 14,950 598 5,800 0.19% 0 0 0 0 4,833 0.08% 48,400 53,233 0.19% KAZAKHSTAN 2,408,121 0 2,408,121 20,677 42,600 0.26% 72,975 2,919 5,800 0.26% 4,475 179 2,967,620 3,045,070 23,775 0.37% 48,400 72,175 0.26% KENYA 2,640,674 0 2,640,674 22,556 42,600 0.27% 79,600 3,184 5,800 0.27% 0 0 0 0 25,740 0.40% 48,400 74,140 0.27% KIRIBATI 101,379 0 101,379 1,089 42,600 0.18% 3,850 154 5,800 0.18% 0 0 0 0 1,243 0.02% 48,400 49,643 0.18% KOREA 4,792,199 1,260,208,783 1,265,000,982 131,298 42,600 0.72% 463,325 18,533 5,800 0.72% 513,325 20,533 341,090,981 342,067,631 170,364 2.67% 48,400 218,764 0.79% KOSOVO 874,956 0 874,956 7,310 41,700 0.20% 25,800 1,032 5,800 0.21% 0 0 0 0 8,342 0.13% 47,500 55,842 0.20% KYRGYZ REPUBLIC 634,888 0 634,888 5,619 42,600 0.20% 19,825 793 5,800 0.20% 0 0 0 0 6,412 0.10% 48,400 54,812 0.20% LAO PEOPLE'S DEM. REP. 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% LEBANON 714,314 0 714,314 6,328 42,600 0.20% 22,325 893 5,800 0.20% 0 0 0 0 7,221 0.11% 48,400 55,621 0.20% LESOTHO 258,555 0 258,555 2,433 42,600 0.19% 8,575 343 5,800 0.19% 0 0 0 0 2,776 0.04% 48,400 51,176 0.19% LIBERIA 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% LIBYA 1,587,921 0 1,587,921 13,595 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,514 0.24% 48,400 63,914 0.23% MACEDONIA, FYR 4,474,352 0 4,474,352 4,704 42,600 0.20% 16,600 664 5,800 0.20% 0 0 0 0 5,368 0.08% 48,400 53,768 0.19% MADAGASCAR 1,587,921 0 1,587,921 13,595 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,514 0.24% 48,400 63,914 0.23% MALAWI 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% MALAYSIA 3,960,112 2,080,753 6,040,865 33,802 42,600 0.32% 119,275 4,771 5,800 0.32% 0 0 0 0 38,573 0.61% 48,400 86,973 0.31% MALDIVES 54,301 0 54,301 690 42,600 0.18% 2,425 97 5,800 0.18% 0 0 0 0 787 0.01% 48,400 49,187 0.18% MALI 1,370,305 0 1,370,305 11,798 42,600 0.22% 41,625 1,665 5,800 0.22% 0 0 0 0 13,463 0.21% 48,400 61,863 0.22% MARSHALL ISLANDS 23,197 0 23,197 433 42,600 0.18% 1,525 61 5,800 0.18% 0 0 0 0 494 0.01% 48,400 48,894 0.18% MAURITANIA 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% MAURITIUS 1,357,826 35,560 1,393,386 11,771 42,600 0.22% 41,550 1,662 5,800 0.22% 0 0 0 0 13,433 0.21% 48,400 61,833 0.22% MEXICO 14,322,958 178,648,711 192,971,669 147,406 42,600 0.79% 520,175 20,807 5,800 0.79% 150,575 6,023 100,056,298 100,727,048 174,236 2.73% 48,400 222,636 0.81% MICRONESIA, FED. ST. OF 38,992 0 38,992 570 42,600 0.18% 2,000 80 5,800 0.18% 0 0 0 0 650 0.01% 48,400 49,050 0.18% MOLDOVA 886,656 0 886,656 7,778 42,600 0.21% 27,450 1,098 5,800 0.21% 0 0 0 0 8,876 0.14% 48,400 57,276 0.21% MONGOLIA 368,520 0 368,520 3,368 42,600 0.19% 11,875 475 5,800 0.19% 0 0 0 0 3,843 0.06% 48,400 52,243 0.19% MONTENEGRO 727,189 0 727,189 5,850 41,700 0.20% 20,650 826 5,800 0.20% 0 0 0 0 6,676 0.10% 47,500 54,176 0.20% MOROCCO 5,542,425 0 5,542,425 47,169 42,600 0.37% 166,450 6,658 5,800 0.37% 0 0 0 0 53,827 0.84% 48,400 102,227 0.37% MOZAMBIQUE 2,153,795 0 2,153,795 18,413 42,600 0.25% 64,975 2,599 5,800 0.25% 0 0 0 0 21,012 0.33% 48,400 69,412 0.25% MYANMAR 3,175,817 0 3,175,817 27,149 42,600 0.29% 95,800 3,832 5,800 0.29% 0 0 0 0 30,981 0.49% 48,400 79,381 0.29% NEPAL 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% NICARAGUA 476,375 0 476,375 4,235 42,600 0.19% 14,950 598 5,800 0.19% 0 0 0 0 4,833 0.08% 48,400 53,233 0.19% NIGER 791,277 0 791,277 6,929 42,600 0.20% 24,450 978 5,800 0.20% 0 0 0 0 7,907 0.12% 48,400 56,307 0.20% NIGERIA 5,273,694 0 5,273,694 44,810 42,600 0.36% 158,125 6,325 5,800 0.36% 0 0 0 0 51,135 0.80% 48,400 99,535 0.36% OMAN 479,877 1,031,875 1,511,752 4,370 42,600 0.19% 15,425 617 5,800 0.19% 0 0 0 0 4,987 0.08% 48,400 53,387 0.19% PAKISTAN 15,933,928 118,533 16,052,461 138,434 42,600 0.75% 488,525 19,541 5,800 0.75% 0 0 0 0 157,975 2.48% 48,400 206,375 0.75% PALAU 36,150 0 36,150 456 42,600 0.18% 1,600 64 5,800 0.18% 0 0 0 0 520 0.01% 48,400 48,920 0.18% PANAMA 40,687 0 40,687 629 42,600 0.18% 2,225 89 5,800 0.18% 0 0 0 0 718 0.01% 48,400 49,118 0.18% PAPUA NEW GUINEA 1,357,203 0 1,357,203 11,755 42,600 0.22% 41,475 1,659 5,800 0.22% 0 0 0 0 13,414 0.21% 48,400 61,814 0.22% PARAGUAY 476,375 0 476,375 4,235 42,600 0.19% 14,950 598 5,800 0.19% 0 0 0 0 4,833 0.08% 48,400 53,233 0.19% PERU 2,783,877 0 2,783,877 23,851 42,600 0.27% 84,175 3,367 5,800 0.27% 23,475 939 15,602,676 15,710,326 28,157 0.44% 48,400 76,557 0.28% PHILIPPINES 7,915,057 180,176 8,095,233 67,376 42,600 0.45% 237,750 9,510 5,800 0.45% 16,850 674 11,195,633 11,450,233 77,560 1.22% 48,400 125,960 0.46% POLAND 48,010,141 57,122,789 105,132,930 415,131 42,600 1.89% 1,464,950 58,598 5,800 1.89% 13,225 529 8,780,248 10,258,423 474,258 7.44% 48,400 522,658 1.89% ROMANIA 5,983,797 0 5,983,797 49,982 41,700 0.38% 176,375 7,055 5,800 0.38% 0 0 0 0 57,037 0.89% 47,500 104,537 0.38% RWANDA 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% SAMOA 146,967 0 146,967 1,428 42,600 0.18% 5,050 202 5,800 0.18% 0 0 0 0 1,630 0.03% 48,400 50,030 0.18% SAO TOME & PRINCIPE 117,261 0 117,261 1,229 42,600 0.18% 4,325 173 5,800 0.18% 0 0 0 0 1,402 0.02% 48,400 49,802 0.18% SAUDI ARABIA 21,344,424 2,463,072,341 2,484,416,765 705,166 42,600 3.09% 2,488,450 99,538 5,800 3.10% 164,650 6,586 109,405,064 112,058,164 811,290 12.73% 48,400 859,690 3.11% SENEGAL 2,640,674 0 2,640,674 22,556 42,600 0.27% 79,600 3,184 5,800 0.27% 0 0 0 0 25,740 0.40% 48,400 74,140 0.27% Table 2: Subscriptions, Contributions and Votes (Amounts in US$ Equivalent) Allocation for Exercise of Preemptive Rights Additional Resources Provided under IDA16 in Part II Current Status (before IDA16) to Maintain Part II Voting Power SDRs or Freely Convertible Currencies Adjusted Voting power Total Total Total Subscriptions Contributions Cumulative Subscription Membership Total Voting Subscription Subscription Membership Total Voting Subscription Subscription Total Additional Subscription as % of Membership Voting Carrying Votes Resources Votes Votes Power % Carrying Votes Votes Votes Power % Carrying Votes Votes Contributions Resources Votes part II Votes Total Votes Power % Member (a-1) (a-2) (a-3) (a-4) (a-5) (a-6) (c-1) (c-2) (c-3) (c-4) (e-1) (e-2) (e-3) (e-4) (f-1) (f-2) (f-3) (f-4) (f-5) SERBIA 29,651,418 0 29,651,418 29,544 42,600 0.30% 104,250 4,170 5,800 0.30% 0 0 0 0 33,714 0.53% 48,400 82,114 0.30% SIERRA LEONE 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% SINGAPORE 745,342 111,288,450 112,033,792 13,003 41,700 0.23% 45,875 1,835 5,800 0.23% 74,575 2,983 49,555,599 49,676,049 17,821 0.28% 47,500 65,321 0.24% SLOVAK REPUBLIC 2,925,941 21,270,194 24,196,135 26,941 42,600 0.29% 95,075 3,803 5,800 0.29% 5,000 200 3,319,399 3,419,474 30,944 0.49% 48,400 79,344 0.29% SOLOMON ISLANDS 146,967 0 146,967 1,428 42,600 0.18% 5,050 202 5,800 0.18% 0 0 0 0 1,630 0.03% 48,400 50,030 0.18% SOMALIA 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% SRI LANKA 4,756,257 0 4,756,257 40,445 42,600 0.34% 142,725 5,709 5,800 0.34% 0 0 0 0 46,154 0.72% 48,400 94,554 0.34% ST. KITTS & NEVIS 211,171 0 211,171 2,020 42,600 0.18% 7,125 285 5,800 0.18% 0 0 0 0 2,305 0.04% 48,400 50,705 0.18% ST. LUCIA 242,394 0 242,394 2,279 42,600 0.19% 8,050 322 5,800 0.19% 0 0 0 0 2,601 0.04% 48,400 51,001 0.18% ST. VINCENT & GRENADINES 117,104 0 117,104 1,223 42,600 0.18% 4,325 173 5,800 0.18% 0 0 0 0 1,396 0.02% 48,400 49,796 0.18% SUDAN 1,587,921 0 1,587,921 13,595 42,600 0.23% 47,975 1,919 5,800 0.23% 0 0 0 0 15,514 0.24% 48,400 63,914 0.23% SWAZILAND 509,586 0 509,586 4,565 42,600 0.19% 16,100 644 5,800 0.19% 0 0 0 0 5,209 0.08% 48,400 53,609 0.19% SYRIAN ARAB REP. 1,495,393 0 1,495,393 12,849 42,600 0.23% 45,350 1,814 5,800 0.23% 0 0 0 0 14,663 0.23% 48,400 63,063 0.23% TAJIKISTAN 588,521 0 588,521 5,246 42,600 0.20% 18,500 740 5,800 0.20% 0 0 0 0 5,986 0.09% 48,400 54,386 0.20% TANZANIA 2,640,674 0 2,640,674 22,556 42,600 0.27% 79,600 3,184 5,800 0.27% 0 0 0 0 25,740 0.40% 48,400 74,140 0.27% THAILAND 4,756,257 0 4,756,257 40,445 42,600 0.34% 142,725 5,709 5,800 0.34% 0 0 0 0 46,154 0.72% 48,400 94,554 0.34% TIMOR-LESTE 452,425 0 452,425 3,758 41,700 0.19% 13,250 530 5,800 0.19% 0 0 0 0 4,288 0.07% 47,500 51,788 0.19% TOGO 1,198,635 0 1,198,635 10,363 42,600 0.22% 36,575 1,463 5,800 0.22% 0 0 0 0 11,826 0.19% 48,400 60,226 0.22% TONGA 117,104 0 117,104 1,223 42,600 0.18% 4,325 173 5,800 0.18% 0 0 0 0 1,396 0.02% 48,400 49,796 0.18% TRINIDAD & TOBAGO 2,123,964 0 2,123,964 18,209 42,600 0.25% 64,250 2,570 5,800 0.25% 0 0 0 0 20,779 0.33% 48,400 69,179 0.25% TUNISIA 2,376,705 0 2,376,705 20,387 42,600 0.26% 71,950 2,878 5,800 0.26% 0 0 0 0 23,265 0.37% 48,400 71,665 0.26% TURKEY 9,464,830 148,002,290 157,467,120 95,947 42,600 0.57% 338,575 13,543 5,800 0.57% 29,400 1,176 19,541,173 19,909,148 110,666 1.74% 48,400 159,066 0.58% TUVALU 31,342 0 31,342 264 41,700 0.17% 925 37 5,800 0.18% 0 0 0 0 301 0.00% 47,500 47,801 0.17% UGANDA 2,640,674 0 2,640,674 22,556 42,600 0.27% 79,600 3,184 5,800 0.27% 0 0 0 0 25,740 0.40% 48,400 74,140 0.27% UKRAINE 9,827,391 0 9,827,391 81,108 41,700 0.51% 286,225 11,449 5,800 0.51% 0 0 0 0 92,557 1.45% 47,500 140,057 0.51% UZBEKISTAN 1,937,848 0 1,937,848 16,697 42,600 0.24% 58,925 2,357 5,800 0.24% 0 0 0 0 19,054 0.30% 48,400 67,454 0.24% VANUATU 304,881 0 304,881 2,802 42,600 0.19% 9,900 396 5,800 0.19% 0 0 0 0 3,198 0.05% 48,400 51,598 0.19% VIETNAM 2,376,705 0 2,376,705 20,387 42,600 0.26% 71,950 2,878 5,800 0.26% 0 0 0 0 23,265 0.37% 48,400 71,665 0.26% YEMEN, REPUBLIC OF 2,478,942 0 2,478,942 19,561 42,600 0.26% 69,025 2,761 5,800 0.26% 0 0 0 0 22,322 0.35% 48,400 70,722 0.26% ZAMBIA 4,225,912 0 4,225,912 36,044 42,600 0.32% 127,200 5,088 5,800 0.32% 0 0 0 0 41,132 0.65% 48,400 89,532 0.32% ZIMBABWE 6,461,143 0 6,461,143 54,740 42,600 0.40% 193,175 7,727 5,800 0.40% 0 0 0 0 62,467 0.98% 48,400 110,867 0.40% Subtotal Part II 611,284,474 5,357,606,542 5,968,891,016 5,525,719 5,999,400 47.62% 19,499,500 779,980 817,800 47.65% 1,686,000 67,440 1,120,282,412 1,132,762,887 6,373,139 100% 6,817,200 13,190,339 47.77% Subtotal Part I 1,265,967,044 189,517,406,909 190,783,373,953 11,402,957 1,275,148 52.38% 12,985,411 100% 1,437,548 14,422,959 52.23% Grand Total 1,877,251,518 194,875,013,451 196,752,264,969 16,928,676 7,274,548 100.00% 19,358,550 100% 8,254,748 27,613,298 100.00% Notes: Current Status (a-1) to (a-6): It is assumed that the members that have outstanding commitments to subscribe or contribute to any previous Replenishment will fulfill their obligations. Amounts have been calculated, for purposes of the voting rights adjustment, by multiplying the subscriptions and contributions up to and including the Third Replenishment (which were expressed in terms of U.S. dollars of the weight and fineness in effect on January 1, 1960) by 1.20635 and adding thereto the dollar equivalents of the subscriptions and contributions under the Fourth through Fifteenth Replenishments at the agreed exchange rates. Allocation of Additional Votes with respect to Encashment: Subscription votes have been allocated on the imputed value of these contributions based on the related encashment schedule rather than the nominal amounts shown in contribution tables. For the Sixteenth Replenishment, this is included in column (b-1) for Part I countries, and for Part II countries in column (e-4). Additional Resources Provided under IDA16 in SDRs or Freely Convertible Currencies : The amounts shown in column (e-4) represent the additional resources provided under IDA16 by Part II members in SDRs or freely convertible currencies, as set out in Table 1. The U.S. Dollar equivalent has been obtained by converting the SDR amount using the average exchange rates for the U.S. Dollar against the SDR over the period April 1 to September 30, 2010 (SDR1=USD1.50233). These amounts are divided into subscriptions carrying votes (columns (c-1) and (e-1)) and contributions (column (e-3)). Update of Part II members: The table has been updated to reflect the expected membership status of Part II members. New IDA members such as Kosovo, Romania and Tuvalu have been added while Venezuela has been removed from the list, with necessary adjustments made.