72355   FROM: Vice President and Corporate Secretary     Minutes of Meeting of the Executive Directors of the Bank and IDA,   held in the Board Room on Thursday, July 26, 2012, at 10:58 a.m.     1. There were present:   CHAIR:   S.M. Indrawati, Managing Director   EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:   K. Alkhudairy (Temporary Alternate) M.-L. Morin G. Balcytyte (Temporary Alternate) M. Muhtar (Alternate)   J.J. Bravo (Alternate) W. Rissmann (Alternate) F.A. Camarasa I. Solomon   P. Cipollone R. Studart K. Huber W. Szczuka (Alternate)   S. James (Alternate) H.A. Taha J.-P. Julia (Alternate) A. Thakur (Temporary Alternate)   M.S.Kayad (Alternate) R. Treffers S. Ladpli (Temporary Alternate) E. Wakamatsu (Temporary Alternate)   A. Lamrani (Temporary Alternate) G. Wang (Temporary Alternate) E. Miagkov (Alternate) J. Whitehead   N. Mohamed (Temporary Alternate)   ALTERNATES NOT ACTING AS EXECUTIVE DIRECTORS:   S. Aviel V. Dhanpaul K. Dalrymple D. Kalyalya   V. Daza Foronda N. Mota Pinto     OFFICERS AND STAFF PARTICIPATING: J. Familiar, Vice President and D. Wetzel, Director, LCC5C Corporate Secretary R. Clarke, LCSPR A.-M.Leroy, Senior Vice President and P. Fajnzylber, LCSPR Group General Counsel, LEGVP S. Garnier, AFTG2 C.F. Jaramillo, Director, LCC2C L. Monari, AFTG1 V. Songwe, Director, AFCF1 S. Tamir, Corporate Secretariat J. Walliser, Director, AFRVP 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-   Brazil - Development Policy Lending (Loan) to the State of Minas Gerais, With the Guarantee of Brazil - Third Minais Gerais Development Partnership Development Policy Operation   2. The Executive Directors considered the President's Memorandum and Recommendation   (R2012-0150, dated July 3, 2012) and approved the Third Minas Gerais Development Partnership Development Policy Loan to the State of Minas Gerais, with the guarantee of Brazil, in the amount of   US$450 million on the payment terms and other terms and conditions set out in the President’s Memorandum.   Senegal - Credit - Electricity Sector Support Project   3. The Executive Directors considered the President's Memorandum and Recommendation   (IDA/R2012-0180, dated July 6, 2012) and approved the credit to Senegal for an Electricity Sector Support Project in the amount of SDR 56.3 million (US$85 million equivalent) on the payment terms and   other terms and conditions set out in the President’s Memorandum.   Central African Republic - Third Additional Financing Credit and Grant - Economic and Monetary Community of Central Africa (CEMAC) Transport and Transit Facilitation Project   4. The Executive Directors approved the third additional financing credit and grant to the Central   African Republic for the Economic and Monetary Community of Central Africa (CEMAC) Transport and Transit Facilitation Project in the amounts of SDR 79.6 million (US$123.4 million equivalent) and SDR   1.1 million (US$1.6 million equivalent), respectively, on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2012-0183, dated July 6, 2012).   Kiribati - Grant - Telecommunications and ICT Development Project   5. The Executive Directors approved the grant to Kiribati for a Telecommunications and ICT   Development Project in the amount of SDR 0.7 million (US$1 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2012-0182, dated July 6, 2012).   Vietnam - Credit - Managing Natural Hazards Project   6. The Executive Directors approved the credit to Vietnam for a Managing Natural Hazards Project   in the amount of SDR 99.4 million (US$150 million equivalent) on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2012-0181, dated July 6, 2012).   Lao PDR - Additional Financing Grant - Road Sector Project     7. The Executive Directors approved the additional financing grant to the Lao PDR for a Road Sector Project in the amount of SDR 14 million (US$21 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2012-0184, dated July 11, 2012). Brazil - Loan to the State of Tocantins, With the Guarantee of Brazil - Tocantins Integrated Sustainable Regional Development Project 8. The Executive Directors approved the loan to the State of Tocantins, with the guarantee of Brazil, for a Tocantins Integrated Sustainable Regional Development Project in the amount of US$300 million on the payment terms and other terms and conditions set out in the President’s Memorandum (R2012-0151, dated July 6, 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-   Tunisia - GEF Grant - Demonstrating and Promoting Best Techniques and Practices for Managing Healthcare Waste and Polychlorinated Biphenyls (PCBs) Project   9. The Executive Directors approved the grant from the Global Environment Facility Trust Fund to   Tunisia for a Demonstrating and Promoting Best Techniques and Practices for Managing Healthcare Waste and Polychlorinated Biphenyls (PCBs) Project in the amount of US$5.5 million on the terms and   conditions set out in the President’s Memorandum (GEF/R2012-0019, dated July 11, 2012).   Ukraine - Urban Infrastructure Project - Proposal to Restructure   10. The Executive Directors recorded their approval on July 13, 2012 of the recommendation contained in paragraph 4 of the President's Memorandum entitled "Ukraine - Urban Infrastructure Project   - Proposal to Restructure" (R2012-0153, dated July 5, 2012).   Colombia - Strengthening Public Information, Monitoring, Evaluation for Results Management Project - Proposal to Restructure   11. The Executive Directors recorded their approval on July 16, 2012 of the recommendation   contained in paragraph 3 of the President's Memorandum entitled "Colombia - Strengthening Public Information, Monitoring, Evaluation for Results Management Project - Proposal to Restructure"   (R2012-0152, dated July 5, 2012).   Sri Lanka - Public Sector Capacity Building Project - Proposal to Restructure   12. The Executive Directors recorded their approval on July 23, 2012 of the recommendation contained in paragraph 3 of the President's Memorandum entitled "Sri Lanka - Public Sector Capacity   Building Project - Proposal to Restructure" (IDA/R2012-0190, dated July 12, 2012). Mr. Solomon (via email dated July 20, 2012) wished to be recorded as opposed.   Enhancing Voice and Participation of Developing and Transition Countries and 2010 General   Capital Increase (Final Tallies of Voting)   13. The Executive Directors recorded their approval on July 23, 2012 of the report from the Vice President and Corporate Secretary and the records of voting attached thereto entitled "Enhancing Voice   and Participation of Developing and Transition Countries and 2010 General Capital Increase (Final Tallies of Voting)" (R2012-0154, dated July 12, 2012).   Date of Next Meeting     14. It was agreed to hold a meeting of the Executive Directors of the Bank and IDA on Thursday, August 2, 2012. Adjournment 15. The meeting adjourned at 12:44 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.