INTERNATIONAL DEVELOPMENT ASSOCIATION

                                   BOARD OF GOVERNORS



                                       Resolution No. 110

                           Membership of the United Arab Emirates


   WHEREAS the Government of the United Arab Emirates 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 the Government of the United Arab Emirates has decided to make resources
available to the Association under the Fifth Replenishment as set forth in the Report of the
Executive Directors to the Board of Governors on Additions to IDA Resources; Fifth
Replenishment dated March 29, 1977; and

    WHEREAS, pursuant to Section 9 of the By-Laws of the Association, the Executive Directors,
after consultation with representatives of the Government of the United Arab Emirates, have made
recommendations to the Board of Governors regarding the application of the United Arab Emirates
for admission to membership in the Association;

   NOW, THEREFORE, the Board of Governors hereby

RESOLVES:

  THAT the terms and conditions upon which the United Arab Emirates 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) “Dh� means dirhams in currency of the United Arab Emirates.
   (d) “$� means dollars in currency of the United States of America.
   (e) “Board of Governors� means the Board of Governors of the Association.

2. Terms and Conditions of Membership:
   (a) The terms and conditions of the membership of the United Arab Emirates 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 I of
       Schedule A thereof.
   (b) Upon accepting membership in the Association the United Arab Emirates shall make
       resources available to the Association divided into a subscription carrying voting rights in
       the amount of Dh 595,213 (equivalent to $151,050 at the IMF representative exchange rate
       of March 14, 1977) and into a contribution not carrying voting rights in the amount of Dh
       199,404,787 (equivalent to $50,603,930 at the IMF representative exchange rate of March
       14, 1977).
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(c) The United Arab Emirates shall, in respect of such subscription, have 13,342 votes,
    calculated on the basis of 7,300 membership votes plus 6,042 subscription votes.
(d) Payment of such subscription and contribution shall be made on the same basis, and the
    rights and obligations of the Association and the United Arab Emirates with respect to such
    subscription and contribution shall be on the same terms and conditions, as provided in
    Section B of the Fifth Replenishment Resolution of the Board of Governors for the
    subscriptions and contributions of Part I members.
(e) The United Arab Emirates may accept membership in the Association pursuant to this
    Resolution until December 28, 1979, or such later date as the Executive Directors may
    determine.



                                                                   (Adopted on June 21, 1979)