INTERNATIONAL DEVELOPMENT ASSOCIATION

                                      BOARD OF GOVERNORS



                                          Resolution No. 221

                               Membership of the Republic of Kosovo


    WHEREAS, the Government of the Republic of Kosovo has applied for admission to membership
in the International Development Association in accordance with Section 1(b) of Article II of the
Articles of Agreement of the Association;

    WHEREAS, pursuant to Section 9 of the By-Laws of the Association, the Executive Directors,
after consultation with representatives of the Government of the Republic of Kosovo, have made
recommendations to the Board of Governors regarding this application;

    NOW, THEREFORE, the Board of Governors hereby

    RESOLVES:

   THAT the terms and conditions upon which the Republic of Kosovo shall be admitted to
membership in the Association shall be as follows:

1. Definitions: As used in this Resolution:
   (a) “Association� means International Development Association.
   (b) “Articles� means the Articles of Agreement of the Association.
   (c) “Dollars� or “$� means dollars in currency of the United States of America.

2. Initial Subscription:
   (a) The terms and conditions of the membership of the Republic of Kosovo in the Association
        other than those specifically provided for in this Resolution shall be those set forth in the
        Articles with respect to the membership of original members listed in Part II of Schedule A
        thereof (including, but not by way of limitation, the terms and conditions relating to
        subscriptions, payments on subscriptions, usability of currencies and voting rights).
   (b) Upon accepting membership in the Association, the Republic of Kosovo shall subscribe funds
        in the amount of $560,000 expressed in terms of United States dollars of the weight and
        fineness in effect on January 1, 1960, that is to say, pursuant to the decision of the Executive
        Directors of the Association of June 30, 1986 on the valuation of initial subscriptions,
        $675,556 in current United States dollars, and shall pay the latter amount to the Association as
        follows: (a) ten percent either in gold or in freely convertible currency, and (b) ninety percent
        in the currency of the Republic of Kosovo. As of the date the Republic of Kosovo will
        become a member of the Association, 612 votes shall be allocated to the Republic of Kosovo
        in respect of such subscription, consisting of 112 subscription votes and 500 membership
        votes.
                                                                                IDA Resolution No. 221
                                                                                            Page 2 of 2


3. Effective Date of Membership: The Republic of Kosovo shall become a member of the
Association with a subscription as set forth in paragraph 2(b) of this Resolution as of the date when the
Republic of Kosovo shall have complied with the following requirements:
   (a) become a member of the International Bank for Reconstruction and Development;
   (b) made the payments called for by paragraph 2 of this Resolution;
   (c) deposited with the International Bank for Reconstruction and Development an instrument
       stating that it has accepted in accordance with its law the Articles and all the terms and
       conditions prescribed in this Resolution, and that it has taken all steps necessary to enable it to
       carry out all its obligations under the Articles and this Resolution; and
   (d) signed the original Articles held in the archives of the International Bank for Reconstruction
       and Development.

4. Limitation on Period for Fulfillment of Requirements of Membership: The Republic of Kosovo
may fulfill the requirements for membership in the Association pursuant to this Resolution until
December 31, 2009, or such later date as the Executive Directors may determine.

5. Additional Subscriptions: Upon or after acceptance of membership, the Republic of Kosovo shall
also be authorized at its option to make an additional subscription in the amount of $199,400,
comprising subscriptions corresponding to the Third, Fourth, Fifth, Sixth, Seventh, Eighth, Ninth,
Tenth, Eleventh, Twelfth, Thirteenth, Fourteenth and Fifteenth Replenishments, and to the Multilateral
Debt Relief Initiative, which shall carry 48,398 votes, calculated on the basis of 7,198 subscription
votes and 41,200 membership votes, and which shall be subject to the following terms and conditions:
    (a) Payment of such additional subscription shall be made in the currency of the Republic of
        Kosovo within 30 days after the Republic of Kosovo notifies the Association of its intention to
        make such additional subscription.
    (b) The rights and obligations of the Association and the Republic of Kosovo with regard to such
        additional subscription shall be the same (except as otherwise provided in this Resolution) as
        those which govern the 90% portion of the initial subscriptions of original members payable
        under Article II, Section 2(d) of the Articles by members listed in Part II of Schedule A of the
        Articles, provided, however, that the provisions of Article IV, Section 2 of the Articles shall
        not be applicable to such subscription.



                                                                              (Adopted on June 3, 2009)