-2- 89709 Minutes of Meetings of the Executive Directors of the Bank and IDA, and the Boards of Directors of IFC and MIGA held in the Board Room on July 17, 2014 at 10:04 a.m. 1. There were present: CHAIRS: Sri Mulyani Indrawati, Managing Director and Chief Operating Officer EXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS: V. Agapov D. Kalyalya G. Alzetta L. Laraia S. Aviel A. Lourenco S. Bajare A. Mendes Dias O. Bougara J. Nuno Garcia B. Charassangsomboon W. Pang S. Chen R. Raineri A. Cisse C. Roberts A. Delaunay D. Sandhu J. Frieden N. Speer M. Hasan H. Suzuki F. Heemskerk B.-H. Yu J. Hoettcke OFFICERS AND STAFF PARTICIPATING: A.-M. Leroy, Senior Vice President and General Counsel M. Mohieldin, Corporate Secretary M. Diop, Vice President * H. Rabarijohn, Country Manager F. Douamba, Chief Program Manager, IFC S. Coulibaly, Program Leader Y. Amde, Country Program Coordinator * via videoconference This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization. -3- Sao Tome and Principe - Country Partnership Strategy 2. The Executive Directors discussed the joint IDA/IFC/MIGA Country Partnership Strategy for São Tomé and Príncipe for the period FY2014-2018 (IDA/R2014-0229 [IFC/R2014-0210, MIGA/R2014-0048], dated June 11, 2014). Adjournment 3. The meeting adjourned at 11:11 a.m. This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization. -4- The following item(s) have been approved on an Absence of Objection Basis or have been authorized to proceed on a Streamlined Basis between July 16, 2014 and July 17, 2014 THE EXECUTIVE DIRECTORS OF THE BANK AND IDA: Democratic Republic of Congo – Grant – Fifth Phase of the Central African Backbone Program 1. The Executive Directors recorded their approval on July 16, 2014 of the grant to the Democratic Republic of Congo for a Fifth Phase of the Central African Backbone Program in the amount of SDR 59.8 million (US$92.1 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2014-0247, dated June 26, 2014). Mozambique – Development Policy Credit and Grant – First Programmatic Financial Sector Development Policy Operation 2. The Executive Directors recorded their approval on July 16, 2014 of the development policy credit and grant to Mozambique for a First Programmatic Financial Sector Development Policy Operation in the amounts of SDR 8.1 million (US$12.5 million equivalent) for the credit, and SDR 8.1 million (US$12.5 million equivalent) for the grant, on the terms and conditions set out in the President’s Memorandum (IDA/R2014-0245, dated June 24, 2014). South Sudan – Credit – Statistical Capacity Building Project 3. The Executive Directors recorded their approval on July 16, 2014 of the credit to South Sudan for a Statistical Capacity Building Project in the amount of SDR 5.9 million (US$9 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2014-0249, dated June 26, 2014). India – Credit - Neeranchal National Watershed Project 4. The Executive Directors recorded their approval on July 17, 2014 of the credit to India for a Neeranchal National Watershed Project in the amount of SDR 116.4 million (US$178.50 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/2014-0246, dated June 27, 2014). THE EXECUTIVE DIRECTORS OF THE BANK AND IDA, THE BOARD OF DIRECTORS OF IFC, AND THE BOARD OF DIRECTORS OF MIGA: Minutes of Previous Meetings 5. The Executive Directors of the Bank and IDA, the Board of Directors of IFC and the Board of Directors of MIGA, recorded their approval on July 16, 2014 of the Minutes of the meeting held on July 3, 2014 and of the record of approvals or authorizations between July 2, 2014 and July 3, 2014 (M2014-0035 [IDA/M2014-0035, IFC/M2014-0035, MIGA/M2014-0028], dated July 9, 2014). This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.