On September 28, 1989, International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number four hundred and thirty-six. It was resolved that: (i) the report of the Executive Directors dated June 29, 1989 on allocation of FY89 net income is noted with approval; (ii) the Bank transfer by way of grant the equivalent of 100 million dollars to the debt reduction facility for International Development Association (IDA)...
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