[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110412-en":3,"doc-seo-110412-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},110412,4398048950312,"Violet","https://ap-avatar.wpscdn.com/avatar/400002538284de19e3c?_k=1778320343897328908",8,"Research & Report","2018 IFC Selective Capital Increase Resolution No. 278 – Amendment to Extend the Subscription and Payment Deadline","This document contains Resolution No. 278 of the Board of Governors of the International Finance Corporation (IFC), adopted on April 20, 2023. It details an amendment to Resolution No. 271, which had previously increased the Corporation's authorized capital by $919,998,000. The primary purpose of Resolution No. 278 is to extend the subscription and payment deadlines for shares subscribed or to be subscribed under Resolution No. 271. Specifically, the final subscription date and the final payment date, originally set as the third anniversary of the capital increase's effectiveness, are both extended to the fifth anniversary of the date of effectiveness. All other provisions of Resolution No. 271 remain unchanged. The resolution is to become effective upon approval by the Governors and will have retroactive application commencing on April 17, 2023. The document provides the WHEREAS clauses outlining the background of the capital increase and the Board of Directors' conclusion that an amendment is desirable, followed by the NOW, THEREFORE, the Board of Governors hereby resolves clauses detailing the specific changes to the subscription and payment timelines.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL FINANCE CORPORATION  \nBOARD OF GOVERNORS  \nResolution No. 278  \n2018 IFC Selective Capital Increase Resolution No. 271 – Amendment to Extend the  \nSubscription and Payment Deadline  \nWHEREAS by Resolution No. 271 adopted by the Board of Governors on April 16, 2020, the authorized capital of International Finance Corporation (the Corporation) was increased by $919,998,000 in terms of United States Dollars, divided into 919,998 shares of capital stock, each having a par value of one thousand United States dollars ($1,000), with selective allocation of shares to members as set forth in paragraph 3 of Resolution No. 271;  \nWHEREAS the Board of Directors ofthe Corporation has concluded that it is desirable to amend the provisions of Resolution No. 271 so as to extend the subscription deadline and the payment deadline for shares subscribed or to be subscribed pursuant to the terms of the said Resolution and have submitted the proposal therefor to the Board of Governors on the basis set forth below;  \nNOW, THEREFORE, the Board of Governors hereby resolves as follows:  \n1. The final subscription date, which is the third anniversary of the date of effectiveness of the increase in the authorized capital stock of the Corporation, appearing in paragraph 5(b) of Resolution 271, is hereby changed to the fifth anniversary of the date of effectiveness.  \n2. The final payment date, which is the third anniversary of the date of effectiveness of the increase in the authorized capital stock of the Corporation, appearing in paragraph 5(d) of Resolution 271, is hereby changed to the fifth anniversary of the date of effectiveness.  \n3. All provisions of Resolution 271 not specifically amended hereby remain unchanged.  \n4. The provisions of this Resolution shall become effective upon approval by the Governors with a retroactive application commencing on April 17, 2023.  \n(Adopted on April 20, 2023)","cbCaifFtOLwxt88O","https://ap.wps.com/l/cbCaifFtOLwxt88O","pdf",416558,1,"English","en",105,"# Resolution No. 278\n## 2018 IFC Selective Capital Increase Resolution No. 271 – Amendment to Extend the Subscription and Payment Deadline\n### WHEREAS clauses\n### NOW, THEREFORE, the Board of Governors hereby resolves as follows:","[{\"question\":\"What is the main purpose of IFC Resolution No. 278?\",\"answer\":\"The main purpose of IFC Resolution No. 278 is to amend Resolution No. 271 by extending the deadlines for subscribing to and paying for shares that were part of a selective capital increase.\"},{\"question\":\"What specific changes does Resolution No. 278 make to Resolution No. 271?\",\"answer\":\"Resolution No. 278 changes the final subscription date and the final payment date from the third anniversary of the capital increase's effectiveness to the fifth anniversary of its effectiveness.\"},{\"question\":\"When does Resolution No. 278 become effective and when does it apply from?\",\"answer\":\"Resolution No. 278 becomes effective upon approval by the Governors and has a retroactive application commencing on April 17, 2023.\"}]",1784485314,3,{"code":4,"msg":29,"data":30},"ok",{"site_id":23,"language":22,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":83,"head_meta":85,"extra_data":87,"updated_unix":26},"2018-ifc-selective-capital-increase-resolution-no-278-amendment-to-extend-the-subscription-and-payment-deadline","",{"@graph":34,"@context":82},[35,51,65],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":27},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/2018-ifc-selective-capital-increase-resolution-no-278-amendment-to-extend-the-subscription-and-payment-deadline/110412/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":22,"description":14,"dateModified":59,"datePublished":59,"encodingFormat":58,"isAccessibleForFree":60,"interactionStatistic":61},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":62,"interactionType":63,"userInteractionCount":4},"InteractionCounter",{"@type":64},"ViewAction",{"@type":66,"mainEntity":67},"FAQPage",[68,74,78],{"name":69,"@type":70,"acceptedAnswer":71},"What 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