Board of Governors Resolution; No. 696 - Amendment of the Articles of Agreement – Removal of Lending Limitation

Jul 19, 2026

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This document pertains to Resolution No. 696 of the Board of Governors of the International Bank for Reconstruction and Development (IBRD). It details the amendment to Article III, Section 3 of the Bank's Articles of Agreement. The resolution, adopted on July 10, 2023, involves the deletion of the existing title and text of Article III, Section 3, and its substitution with “Article III, Section 3 Deleted.” This decision was made following the recommendation of the Executive Directors, as outlined in their report, and was put forth for a vote without a formal meeting, in accordance with Section 12 of the Bank's By-Laws. The Board of Governors, having considered the recommendations and the report, has officially resolved this amendment. The document includes a reference to the public disclosure authorization of its content, indicating its official and accessible nature for information dissemination regarding the Bank's governance and operational framework.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

AccessFree to download

Resolution No. 696

Amendment of the Articles of Agreement – Removal of Lending Limitation

FAQs

What is the purpose of Resolution No. 696?

Resolution No. 696 concerns the amendment of Article III, Section 3 of the International Bank for Reconstruction and Development's Articles of Agreement, specifically the removal of a lending limitation.

When was Resolution No. 696 adopted?

Resolution No. 696 was adopted on July 10, 2023.

How was the amendment to Article III, Section 3 of the Articles of Agreement implemented?

The amendment involved deleting the existing title and text of Article III, Section 3 and substituting it with "Article III, Section 3 Deleted."

Jul 19, 2026

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