On September 30, 1963, the International
Development Association (IDA) Board of Governors adopted
resolution number forty. It was resolved that the Board of
Governors of the Association consider the Financial
Statements, Auditors’ Report and the Administrative Budget,
included in the 1962-63 Annual Report, as fulfilling the
requirements of Article VI, Section 11, of the Articles of
Agreement and of Section 8 of the By-Laws of the Association.
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