FROM: Vice President & Corporate Secretary Minutes of a Meeting of the Executive Directors of the Bank and IDA and the Boards of Directors of IFC and MIGA held in the Board Room on September 20, 2018 at 10:17 a.m. 1. There were present: CHAIR: K. Georgieva, Chief Executive Officer, IBRD/IDA EXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS: A. Alkhalaf A. Hadiyanto J. Allford F. Jimenez E. Bethel D. Kinder O. Bougara A. Lushin A. Bvumbe H. Mohammed O. Canuto K. Nishikata A. Cascino A. Subramani P-O. Chotard J-C. Tchatchouang J. de Boer A. Thermann P. Donaldson M. Torero R. Eletreby S. Ulbaek F. Godts Y. Yang W. Gruber OFFICERS AND STAFF PARTICIPATING: I. Kichigina, Acting Senior Vice President and General Counsel Y. Tsikata, Vice President and Corporate Secretary H. Schafer, Regional Vice President N. Stoiljkovic, Regional Vice President, IFC M. Alemayehu, Director M. Baroudi, Director, MIGA 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. India – Country Partnership Framework 2. The Executive Directors discussed the joint IBRD/IFC/MIGA Country Partnership Framework for India for the period FY18-FY22 (R2018-0190[IFC/R2018-0250, MIGA/R2018- 0110], dated August 24, 2018). Adjournment 3. The meeting adjourned at 12:32 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. The following item(s) have been approved on an Absence-of-Objection Basis or have been authorized to proceed on a streamlined basis between September 19, 2018 – September 20, 2018 THE EXECUTIVE DIRECTORS OF THE BANK AND IDA Request for Inspection - Republic of Uganda: Water Management and Development Project (P123204); and Energy for Rural Transformation Phase III Project (P133312) - Second Report and Recommendation 1. The Executive Directors recorded their approval on September 19, 2018 of Memorandum from the Chairman of the Inspection Panel dated May 3, 2018, transmitting a Memorandum to the Executive Directors entitled “Request for Inspection – Republic of Uganda: Water Management and Development Project (P123204); and Energy for Rural Transformation Phase III Project (P133312) - Second Report and Recommendation� (INSP/R2018-0003/4, dated May 4, 2018, May 24, 2018, June 25, 2018, July 19, 2018, and September 12, 2018, respectively). Ghana – Credit - Financial Sector Development Project 2. The Executive Directors recorded their approval on September 20, 2018 of a credit to Ghana in the amount of SDR 21.4 million (US$30 million equivalent) for a Financial Sector Development Project on the terms and conditions set out in the President’s Memorandum (IDA/R2018-0284, dated August 31, 2018). Mozambique – Grant - Mozambique Conservation Areas for Biodiversity and Development Project - Phase II 3. The Executive Directors recorded their approval on September 20, 2018 of a grant to Mozambique in the amount of SDR 32 million (US$45 million equivalent) for a Mozambique Conservation Areas for Biodiversity and Development Project - Phase II on the terms and conditions set out in the President’s Memorandum (IDA/R2018-0293, dated August 31, 2018). Haiti – Grant- Fiscal and Social Resilience Development Policy Financing 4. The Executive Directors recorded their approval on September 20, 2018 of a grant to Haiti in the amount of SDR 14,300,000 (US$20 million equivalent) for a Fiscal and Social Resilience Development Policy Financing on the terms and conditions set out in the President’s Memorandum (IDA/R2018-0313; /2, dated September 12, 2018, and September 18, 2018). 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. ****************************************************************************** THE BOARD OF DIRECTORS OF IFC AND THE BOARD OF DIRECTORS OF MIGA Minutes of Previous Meetings 5. The Boards of Directors of IFC and MIGA recorded their approval on September 20, 2018 of the minutes of the meeting held on September 13, 2018 (IFC/XM2018-0005[MIGA/XM2018-0005], dated September 13, 2018). ****************************************************************************** THE EXECUTIVE DIRECTORS OF THE BANK AND IDA, THE BOARD OF DIRECTORS OF IFC AND THE BOARD OF DIRECTORS OF MIGA Minutes of Previous Meetings 6. The Executive Directors Boards of the Bank and IDA and the Boards of Directors of IFC and MIGA recorded their approval on September 19, 2018 of the minutes of the meeting held on September 6, 2018 (M2018-0038[IDA/M2018-0039, IFC/M2018-0038, MIGA/M2018-0038], dated September 12, 2018). 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.