100909

            INTERNATIONAL BANK FOR RECONSTRUCTION AND
                           DEVELOPMENT

                               BOARD OF GOVERNORS



                                        Resolution No. 645

                                 Allocation of FY15 Net Income


RESOLVED:

1. THAT the Report of the Executive Directors dated August 6, 2015 on “Allocation of FY15
Net Income� is hereby noted with approval;

2. THAT the addition to the General Reserve of the IBRD of $36 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 FY15 allocable net income of the IBRD, $650 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 9, 2015)