75981     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, December 20, 2012, at 10:53 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.S.Kayad (Alternate) Z. Allawi (Temporary Alternate) G. Letilly (Temporary Alternate)   S. Aviel (Alternate) L. Palma (Temporary Alternate) M. Ayesu (Temporary Alternate) M.S.Pamuksuz (Alternate)   G. Balcytyte (Alternate) W. Rissmann (Alternate) D. Bohan (Alternate) W. Szczuka (Alternate)   F. Castro y Ortiz (Temporary Alternate) Y. Takamura (Alternate) I.-K. Cho (Alternate) M. Tareque (Alternate)   C.G. Forcieri R. Treffers J. Harris (Alternate) V. Vumendlini-Schalk (Temporary Alternate)   S. James (Alternate) F. Zang (Temporary Alternate) D. Kalyalya E. Zephyrine (Temporary Alternate)   S. Katash (Temporary Alternate)   OFFICERS AND STAFF PARTICIPATING:   E. Marmolo, Acting Corporate Secretary M. Ndione, AFTP4* A.-M. Leroy, Senior Vice President and M. Pigato, AFTP4   Group General Counsel,   LEGVP E. Rabeson, AFCS4* H. Bridi, Director, AFCS4 M.-J. Uwanyiligira, AFCSN V. Songwe, Director, AFCF1* V. Crispolti, IMF J. Walliser, Director, AFRVP H. Joly, IMF N. Andriamihaja, AFTP1* M. Matungulu, IMF A. D'Hoore, AFTP1* A. Touna-Mama, IMF E.P. English, AFTP4* R. Krech, Corporate Secretariat S. Gooptu, PRMED *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-   Comoros - Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Completion Point Document, and Multilateral Debt Relief Initiative (MDRI)   2. The Executive Directors considered the President’s Memorandum and Recommendation entitled   "Comoros - Enhanced Heavily Indebted Poor Countries (HIPC) Initiative Completion Point Document and Multilateral Debt Relief Initiative (MDRI)" (IDA/R2012-0296; /1, dated December 5 and December   18, 2012, respectively) and approved the recommendations contained in paragraphs 15, 16, and 17 of the President's Memorandum, including the waiver of one of the 16 Floating Completion Point Triggers. (The   Chair’s Summing Up of the discussion was subsequently distributed as IDA/SU2012-0039, dated January 7, 2013.)   Senegal - Development Lending Credit - First Governance and Growth Support Operation   3. The Executive Directors considered the President’s Memorandum and Recommendation   (IDA/R2012-0292, dated November 28, 2012) and approved the credit to Senegal for a First Governance and Growth Support Operation in the amount of SDR 35.8 million (US$55 million equivalent) on the   payment terms and other terms and conditions set out in the President’s Memorandum.   Uzbekistan - Credit - Alat and Karakul Water Supply Project   4. The Executive Directors recorded their approval on December 13, 2012 of the credit to Uzbekistan for an Alat and Karakul Water Supply Project in the amount of SDR 53.2 million (US$82   million equivalent) on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2012-0299, dated December 18, 2012, replacing the November 21 cover with an   incorrect document number).   Honduras - Credit - Disaster Risk Management Project   5. The Executive Directors recorded their approval on December 13, 2012 of the credit to Honduras for a Disaster Risk Management Project in the amount of SDR 19.5 million (US$30 million equivalent)   on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2012-0286; /3, dated November 21 and December 6, 2012, respectively).   Honduras - Credit - Safer Municipalities Project   6. The Executive Directors recorded their approval on December 13, 2012 of the credit to Honduras   for a Safer Municipalities Project in the amount of SDR 9.8 million (US$15 million equivalent) on the payment terms and other terms and conditions set out in the President’s Memorandum (IDA/R2012-0287,   dated November 21, 2012).   Peru - Loan - Social Inclusion Technical Assistance Project 7. The Executive Directors recorded their approval on December 13, 2012 of the loan to Peru for a Social Inclusion Technical Assistance Project in the amount of US$10 million on the payment terms and other terms and conditions set out in the President’s Memorandum (R2012-0241, dated November 21, 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   8. It was agreed to hold a meeting of the Executive Directors of the Bank and IDA on Tuesday, January 8, 2013.   Adjournment   9. The meeting adjourned at 11:43 a.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.