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Transcript of Joint Meeting of the Executive Directors of the Bank and IDA, held on Tuesday, June 18, 1968 (English)

This partial transcript, from the session of the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) held on Tuesday, June 18, 1968 covers only the discussion on the administrative budgets of Bank and IDA for 1968-69.


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    Transcript of Joint Meeting of the Executive Directors of the Bank and IDA, held on Tuesday, June 18, 1968

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    rate of return on capital; total number of people; access to capital market; hard loan; balance of payment; debt-service; lack of capital; capital at risk; statistics and information; increase in expenditure; increase in population; collected information; emphasis on education; cost loan; amount of investment; problem of population; work in process; cost of loan; Climate for investment; lending interest rate; unit of output; recruitment of staff; field of population; lack of finance; lack of money; the administration; per capita income; amount of fund; rate of growth; multilateral investment insurance; in the street; new money; administrative expense; computer operation; small country; last point; administrative budget; staff recruitment; budgetary provision; liquid security; net change; economic research; salary policy; young professional; fiscal; capital need; financial budget; gross income; local economy; human knowledge; capital account; know how; debtor country; private market; calendar year; cash budget; program budget; african nations; fringe benefit; policy question; budget increase; new issue; resident missions; data processing; Salary Scales; natural tendency; Population Growth; longer period; financial information; general development; sound management; Cash flow; Fiscal policies; exchange restriction; prepare budget; fiscal policy; private banking; credit outstanding; private institution; project negotiation; external financing; financial requirement; individual loan; technical expertise; absorptive capacity; political purpose; raw material; put pressure; increasing costs; salary administration; budget proposal; salary structure; credit worthiness; scientific methodology; tax level; living allowance; Effective Date; staff expenditure; Business Policy; international banker; tax legislation; recent years; other development; monetary situation; alternative use; financial balance; banking institution; advanced country; in work; decreasing yield; recruitment program; general officers; in economics; fundamental research; supplementary financing; time deposit; moving expense; foreign product; cost analysis; subsequent years; financial situation; loan volume; capital requirement; project costing; lending activities; loan disbursement; cash balance; export trade; inflation rate; rough indication; money supply; similar provision; market climate; free capital; bank borrower; offering price; technical competence; policy statement; dollar term; drawn down; express pride; population control; quite common; particular country; agricultural planning; separate state; capital formation; staff capability; prudent financial; Borrowing Countries; outstanding loan; commercial banking; private finance; external source; long-term projection; Brain Drain; financing development; explanatory note; agricultural loan; educational loan; conservative approach; expenditure budget; formal basis; sectoral composition; basic economics; general observation; budget presentation; financing requirement; financial planning; bank liquidity; recent past; country clubs; new problem; raise funds; water system; budget authorization; private money; profit retention; ready access; reasonable assumption; liquid investment; debt service; several times; depth analysis; money market



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Transcript of Joint Meeting of the Executive Directors of the Bank and IDA, held on Tuesday, June 18, 1968 (English). Board transcript Washington, D.C. : World Bank Group.