INTERNATIONAL BANK FOR RECONSTRUCTION AND
                                  DEVELOPMENT

                                    BOARD OF GOVERNORS



                                       Resolution No. 666

                                 Allocation of FY18 Net Income


RESOLVED:

1.    THAT the Report of the Executive Directors dated August 9, 2018 on “Allocation of FY18
Net Income - Final� is hereby noted with approval;

2.   THAT the addition to the General Reserve of the IBRD of $913 million, plus or minus any
rounding amount less than $1 million, is hereby noted with approval; and

3.    THAT the IBRD transfers to the International Development Association, by way of a grant out
of the FY18 allocable net income of the IBRD, $248 million, which amount may be used by the
Association to provide financing in the form of grants in addition to loans; such transfer is to be
drawn down by the Association immediately upon approval by the Board of Governors of the IBRD.



                                                                   (Adopted on October 12, 2018)