INTERNATIONAL DEVELOPMENT ASSOCIATION

                                      BOARD OF GOVERNORS



                                          Resolution No. 229

                                    Membership of South Sudan


    WHEREAS, the Government of South Sudan 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, pursuant to Section 9 of the By-Laws of the Association, the Executive Directors,
after consultation with representatives of the Government of South Sudan, have made
recommendations to the Board of Governors regarding this application;

    NOW, THEREFORE, the Board of Governors hereby

    RESOLVES:

   THAT the terms and conditions upon which South Sudan 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) “Dollars� or “$� means dollars in currency of the United States of America.

2. Initial Subscription:
   (a) The terms and conditions of the membership of South Sudan 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 II of Schedule A thereof
        (including, but not by way of limitation, the terms and conditions relating to subscriptions,
        payments on subscriptions, usability of currencies and voting rights).
   (b) Upon accepting membership in the Association, South Sudan shall subscribe funds in the
        amount of $360,000 expressed in terms of United States dollars of the weight and fineness in
        effect on January 1, 1960, that is to say, pursuant to the decision of the Executive Directors of
        the Association of June 30, 1986 on the valuation of initial subscriptions, $434,286 in current
        United States dollars, and shall pay the latter amount to the Association as follows: (a) ten
        percent either in gold or in freely convertible currency, and (b) ninety percent in the currency
        of South Sudan. As of the date South Sudan will become a member of the Association, 572
        votes shall be allocated to South Sudan in respect of such subscription, consisting of 72
        subscription votes and 500 membership votes.

3. Effective Date of Membership: South Sudan shall become a member of the Association with a
subscription as set forth in paragraph 2(b) of this Resolution as of the date when South Sudan shall
have complied with the following requirements:
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    (a) become a member of the International Bank for Reconstruction and Development;
    (b) made the payments called for by paragraph 2 of this Resolution;
    (c) deposited with the International Bank for Reconstruction and Development an instrument
        stating that it has accepted in accordance with its law the Articles and all the terms and
        conditions prescribed in this Resolution, and that it has taken all steps necessary to enable it to
        carry out all its obligations under the Articles and this Resolution; and
    (d) signed the original Articles held in the archives of the International Bank for Reconstruction
        and Development.

4. Limitation on Period for Fulfillment of Requirements of Membership: South Sudan may fulfill the
requirements for membership in the Association pursuant to this Resolution until June 30, 2012, or
such later date as the Executive Directors may determine.

5. Additional Subscriptions: Upon or after acceptance of membership, South Sudan shall also be
authorized at its option to make an additional subscription in the amount of $144,889, comprising
subscriptions corresponding to the Third, Fourth, Fifth, Sixth, Seventh, Eighth, Ninth, Tenth,
Eleventh, Twelfth, Thirteenth, Fourteenth, Fifteenth and Sixteenth Replenishments, and to the
Multilateral Debt Relief Initiative, which shall carry 52,295 votes, calculated on the basis of 5,295
subscription votes and 47,000 membership votes, and which shall be subject to the following terms
and conditions:
    (a) Payment of such additional subscription shall be made in the currency of South Sudan within
        thirty days after South Sudan notifies the Association of its intention to make such additional
        subscription.
    (b) The rights and obligations of the Association and South Sudan with regard to such additional
        subscription shall be the same (except as otherwise provided in this Resolution) as those
        which govern the ninety percent portion of the initial subscriptions of original members
        payable under Article II, Section 2(d) of the Articles by members listed in Part II of Schedule
        A of the Articles, provided, however, that the provisions of Article IV, Section 2 of the
        Articles shall not be applicable to such subscription.



                                                                          (Adopted on December 5, 2011)