68321
    FROM:      Vice President and Corporate Secretary
 

 

                    Minutes of Joint Meeting of the Executive Directors of the Bank and IDA,
                                 and the Boards of Directors of IFC and MIGA,
                       held in the Board Room on Tuesday, April 3, 2012, at 10:03 a.m.

 

  1.        There were present:
                                                                CHAIR:
 
                                                 C.D. Anstey, Managing Director
 
    EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:
 
  Z. Allawi (Temporary Alternate)          M.S. Kayad (Alternate)
  I. Alturki (Alternate)                   W. Liu (Temporary Alternate)
  K. Aminul Islam (Alternate)              R.    Mokate
  C. Asike (Temporary Alternate)           S.    Moorehead
  M. Ayesu (Temporary Alternate)           M.-L. Morin
  J.J. Bravo (Alternate)                   N. Mota Pinto (Alternate)
  P. Espinola (Temporary Alternate)        T.    Nishino (Temporary Alternate)
  A. Fayolle                               G. Pribadi (Temporary Alternate)
  A. Ferry (Temporary Alternate)           K. Schmitter (Temporary Alternate)
  J. Frieden                               R.    Studart
  K. Huber                                 R.    Treffers
  D. Kalyalya (Alternate)                  M. Willcock (Temporary Alternate)
  S. Katash (Temporary Alternate)
 
  ALTERNATE NOT ACTING AS EXECUTIVE DIRECTOR:
 
  V. Dhanpaul
 
  OFFICERS AND STAFF PARTICIPATING:
                                
  A.    Peuker, Acting Corporate Secretary J. Emery, CAFSC
  A.-M. Leroy, Senior Vice President and   J. Factora, AFCS2
        General Counsel, LEGVP             J. Panzer, AFTP1
  O.    Ezekwesili, Vice President, AFRVP  H. Rabarijohn, CAFW4*
  G.    Binkert, Director, AFCC1           S. Rojid, AFTP1
  H.    Bridi, Director, AFCS4*            Z. Youssoufou, AFMGA
  L.    Clarke, Director, AFCS2            J. Le Dem, IMF
  M.    Benjamin, AFCS4                    J. Mueller, IMF
  L.    Davidson, AFCCM                    M. Muleri, Corporate Secretariat

           *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. 
 
                                                                   -2-


  Gabon – Country Partnership Strategy

  2.       The Executive Directors discussed the joint IBRD-IFC Country Partnership Strategy for Gabon
  for the period FY2012-FY2016 (R2012-0052[IFC/R2012-0061], dated March 12, 2012). (The Chair’s
  Summing Up of the discussion was subsequently distributed as SU2012-0007 [IFC/SU2012-0008], dated
  April 4, 2012.)
 
  Mozambique – Country Partnership Strategy
 
  3.       The Executive Directors discussed the joint IDA-IFC-MIGA Country Partnership Strategy for
  Mozambique for the period FY2012-FY2015 (IDA/R2012-0067 [IFC/R2012-0057, MIGA/R2012-0009],
  dated March 12, 2012). (The Chair’s Summing Up of the discussion was subsequently distributed as
  IDA/SU2012-0011 [IFC/SU2012-0009, MIGA/SU2012-0003], dated April 4, 2012.)

  Seychelles – Country Partnership Strategy

  4.       The Executive Directors discussed the joint IBRD-IFC Country Partnership Strategy for
  Seychelles for the period FY2012-FY2015 (R2012-0051 [IFC/R2012-0059], dated March 12, 2012). (The
  Chair’s Summing Up of the discussion was subsequently distributed as SU2012-0008
  [IFC/SU2012-0010], dated April 4, 2012.)
 
  Mozambique - Credit - Cities and Climate Change Project
 
  5.       The Executive Directors approved the credit to Mozambique for a Cities and Climate Change
  Project in the amount of SDR 78.2 million (US$120 million equivalent) on the payment terms and other
  terms and conditions set out in the President’s Memorandum (IDA/R2012-0059, dated March 12, 2012).
 
  Mongolia - Credit - Ulaanbaatar Clean Air Project
 
  6.       The Executive Directors approved the credit to Mongolia for an Ulaanbaatar Clean Air Project in
  the amount of SDR 9.7 million (USS$15 million equivalent) on the payment terms and other terms and
  conditions set out in the President’s Memorandum (IDA/R2012-0070, dated March 14, 2012).
 
  Albania - Loan - Social Assistance Modernization Project
 
  7.       The Executive Directors approved the credit to Albania for a Social Assistance Modernization
  Project in the amount of EUR 38 million (US$50 million equivalent) on the payment terms and other
  terms and conditions set out in the President’s Memorandum (R2012-0053, dated March 13, 2012).
                                   
  Minutes of Previous Meeting

    8.     The Executive Directors recorded their approval on March 27, 2012 of the Minutes of the
    meeting held on March 1, 2012 (M2012-0016[IDA/M2012-0016]).

    Institutional Development Fund FY11 Performance Review

    9.      The Executive Directors recorded their approval on March 27, 2012 of the recommendation
    contained in paragraph 4 of the President's Memorandum entitled "Institutional Development Fund FY11
    Performance Review" (R2012-0060[IDA/R2012-0077], dated March 16, 2012).


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-


 
    Date of Next Meeting
 
  10.      It was agreed to hold a meeting of the Executive Directors of the Bank and IDA on Thursday,
  April 5, 2012.

  Adjournment

  11.       The meeting adjourned at 12:15 p.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.