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International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

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Extract

The 1962 annual meeting of the Board of Governors of the International Bank, held in conjunction with the annual meetings of the International Development Association (IDA) and the International Finance Corporation (IFC), took place in Washington, D.C. on September 17–21, 1962, under the chairmanship of Mr.Ahmed Zaki Saad, Governor for Saudi Arabia. In the annual address, Mr. Eugene R. Black, President of the International Bank, summarized some of the achievements of the Bank and its affiliates in the past year. He also commented on the external economic difficulties facing the developing countries and pointed out some of the implications of these difficulties as they affected the amount and kind of aid the developing countries needed.

Information

Type
International Organizations: Summary of Activities II. Specialized Agencies
Information
International Organization , Volume 17 , Issue 2 , Spring 1963, pp. 493 - 499
Copyright
Copyright © The IO Foundation 1963

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References

1 The Summary Proceedings of the annual meeting of the International Finance Corporation was issued separately and is summarized in this issue, p. 499.

2 International Bank for Reconstruction and Development, International Development Association, Summary Proceedings, 1962 Annual Meetings of the Boards of Governors, Washington, D.C, 1962Google Scholar. For a summary of the sixteenth annual meeting, see International Organization, Summer 1962 (Vol. 16, No. 3), pp. 605–607Google ScholarPubMed.

3 International Bank for Reconstruction and Development, Seventeenth Annual Report, 1961–1962, Washington, D.C., 1962Google Scholar. For a summary of the sixteenth annual report, see International Organization, Summer 1962 (Vol. 16, No. 3), pp. 603–605Google ScholarPubMed.

4 International Bank for Reconstruction and Development, Press Release 62/42, December 10, 1962. For a summary of previous activities of the Bank, see International Organization, Winter 1963 (Vol. 17, No. 1), pp. 268–271Google ScholarPubMed.

5 All Bank loans summarized in this section except as otherwise indicated were at an interest rate of 5½ percent per annum, including the one percent commission allocated to the Bank's Special Reserve.

6 International Bank for Reconstruction and Development, Press Release 62/44, December 21, 1962.

7 International Bank for Reconstruction and Development, Press Release 63/2, February 13, 1963.

8 International Bank for Reconstruction and Development, Press Release 63/4, March 1, 1963.

9 International Bank for Reconstruction and Development, Press Release 63/5, March 7, 1963.

10 International Bank for Reconstruction and Development, Press Release 62/43, December 21, 1962.

11 International Bank for Reconstruction and Development, Press Release 63/3, February 15, 1963.

12 International Bank for Reconstruction and Development, Press Release 63/1, February 5, 1963.

13 International Bank for Reconstruction and Development, Press Release of February 7, 1963.

14 International Bank for Reconstruction and Development, Press Release of February 12, 1963.

15 International Monetary Fund, International Bank for Reconstruction and Development, Joint Press Release of February 21, 1963.

16 International Monetary Fund, International Bank for Reconstruction and Development, International Finance Corporation, and International Development Association, Joint Press Release of March 11, 1963.

17 International Development Association, Annual Report, 1961–62, Washington, D.C., 1962Google Scholar. For a summary of the annual meeting, which was held in conjunction with the annual meeting of the International Bank, see pp. 493–494 above. For a summary of the annual report for 1960–1961, see International Organization, Summer 1962 (Vol. 16, No. 3), pp. 613–614.

18 IDA Press Release 63/1, February 1, 1963.

19 International Finance Corporation, Summary Proceedings, 1962 Annual Meeting of the Board of Governors, Washington, D.C., 1962Google Scholar. For a summary of the fifth annual meeting, see International Organization, Summer 1962 (Vol. 16, No. 3), pp. 616–617Google ScholarPubMed.

20 International Finance Corporation, Sixth Annual Report, 1961–1962, Washington, D.C., 1962Google Scholar. For a summary of the fifth annual report, see International Organization, Summer 1962 (Vol. 16, No. 3), pp. 615–616Google ScholarPubMed.