76291   FROM: Vice President and Corporate Secretary     Minutes of Joint Meeting of the Executive Directors of the Bank and IDA,   and the Board of Directors of IFC, held in the Board Room on Thursday, February 28, 2013, at 11:36 a.m.     1. There were present:   CHAIR:   S.M. Indrawati, Managing Director   EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:   I. Alturki (Alternate) G. Hines S. Annamalai I. Hoven   L. Atheeq (Temporary Alternate) J.-P. Julia (Alternate) S. Aviel (Alternate) D. Kalyalya   M. Ayesu (Temporary Alternate) M.S. Kayad (Alternate) A. Brandt L. Laraia (Temporary Alternate)   J.J. Bravo K. Morais (Temporary Alternate) I.-K. Cho (Alternate) M.-L. Morin   C.G. Forcieri M.S. Pamuksuz (Alternate) J. Frieden H. Suzuki   V. Grishin R. Tan B. Han R. Treffers   M. Hasan   ALTERNATES NOT ACTING AS EXECUTIVE DIRECTORS:   G. Balcytyte S. Nanu S. James R. Raineri   P. Larose W. Szczuka     OFFICERS AND STAFF PARTICIPATING: J. Familiar, Vice President J. Barham, CAFSC and Corporate Secretary L. Kullenberg, AFMJB F. Molnar, Chief Counsel, LEGOP G. Ramana, AFTHE M. Diop, Vice President, AFRVP P. Zacchia, AFTP2 B. Bird, Director, AFCE4 E. Gelbard, IMF G. Chen, Director, AFCE3 S. Saxena, IMF J. Hellman, Director, OPSFN L. Ikiring, Corporate Secretariat R. Reinikka, Director, AFTHD *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-   South Sudan - Interim Strategy Note   2. The Executive Directors discussed the joint IDA-IFC Interim Strategy Note for South Sudan for the period FY2013-FY2014 (IDA/R2013-0012[IFC/R2013-0018], dated February 5, 2013). (The Chair’s   Summing Up of the discussion was subsequently distributed as IDA/SU2013-0003 [IFC/SU2013-0003], dated March 4, 2013.)   Ethiopia - Program-for-Results Financing (Credit) - Health Millennium Development Goals   Program-for-Results Operation   3. The Executive Directors considered the President’s Memorandum and Recommendation (IDA/R2013-0017, dated February 7, 2013) and approved the program-for-results credit to Ethiopia for a   Health Millennium Development Goals Program-for-Results operation in the amount of SDR 65.1 million (US$100 million equivalent) on the payment terms and other terms and conditions set out in the   President’s Memorandum.   Minutes of Previous Meetings   4. The Executive Directors recorded their approvals on February 14, 2013 of the Minutes of the meeting held on December 13, 2012 (M2012-0086[IDA/M2012-0086]), and, on February 21, 2013 of the   Minutes of the meeting held on January 22, 2013 (M2013-0010[IDA/M2013-0010]).   Yemen - Grant - Second Basic Education Development Project   5. The Executive Directors recorded their approval on February 14, 2013 of the grant to Yemen for a Second Basic Education Development Project in the amount of SDR 43.1 million (US$66 million   equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2013-0007, dated January 25, 2013).   Yemen - Grant - Road Asset Management Project   6. The Executive Directors recorded their approval on February 14, 2013 of the grant to Yemen for   a Road Asset Management Project in the amount of SDR 26.1 million (US$40 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2013-0008, dated January 25, 2013).   Yemen - Grant - Emergency Crisis Recover Project   7. The Executive Directors recorded their approval on February 14, 2013 of the grant to Yemen for     an Emergency Crisis Recover Project in the amount of SDR 65.1 million (US$100 million equivalent) on the terms and conditions set out in the President’s Memorandum (IDA/R2013-0015, dated February 5, 2013). Papua New Guinea - Credit - PNG Energy Sector Development Project 8. The Executive Directors recorded their approval on February 21, 2013 of the credit to Papua New Guinea for a PNG Energy Sector Development Project in the amount of SDR 4.8 million (US$7.3 million equivalent) on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2013-0013, dated January 31, 2013). 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-   Belarus - Road Upgrading and Modernization Project - Proposal to Restructure   9. The Executive Directors recorded their approval on February 21, 2013 of the recommendation   contained in paragraph 3 of the President's Memorandum entitled "Belarus - Road Upgrading and Modernization Project - Proposal to Restructure" (R2013-0019, dated February 11, 2013). Mr. Solomon   (via email dated February 20, 2013) wished to be recorded as abstaining.   U.S. Government Accountability Office - Review of U.S. Agency for International Development’s (USAID) Management and Oversight of Large Infrastructure Projects   10. The Executive Directors recorded their approval on February 14, 2013 of the recommendation   contained in paragraph 7 of the President's Memorandum entitled "U.S. Government Accountability Office - Review of U.S. Agency for International Development’s (USAID) Management and Oversight of   Large Infrastructure Projects" (R2013-0016, dated February 5, 2013).   Requested Disclosure of Board Records - Package 2013-1 (Case No. AI2025)   11. The Executive Directors recorded their approval on February 22, 2013 of the recommendation contained in paragraph 9 of the document entitled "Requested Disclosure of Board Records - Package   2013-1 (Case No. AI2025)" (R2013-0024[IDA/R2013-0021], dated February 12, 2013).   Inspection Panel - Kenya - Natural Resources Management Project - Request for Postponement of the Management Response   12. The Executive Directors recorded their approval on February 22, 2013 of the recommendation   contained in paragraph 3 of the Memorandum from the Vice President and Corporate Secretary entitled "Inspection Panel - Kenya - Natural Resources Management Project - Request for Postponement of the   Management Response" (IDA/R2013-0020, dated February 12, 2013), namely, that the deadline for completion of the Management Response will be extended until March 15, 2013.   Date of Next Meeting   13. It was agreed to hold a meeting of the Executive Directors of the Bank and IDA on Tuesday,   March 5, 2013.   Adjournment   14.   1:05 p.m., reconvened at 2:38 p.m., and adjourned at 3:08 p.m. The meeting recessed at 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.