[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111944-en":3,"doc-seo-111944-105":28,"detail-sidebar-cat-0-en-105":89},{"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":20,"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},111944,1374391974585,"Genevieve","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS Resolution No. 712 Direct Remuneration of Executive Directors and their Alternates - Adopted August 26, 2025","This document outlines Resolution No. 712 adopted by the Board of Governors of the International Bank for Reconstruction and Development concerning the direct remuneration of Executive Directors and their Alternates. The resolution addresses recommendations from the 2025 Joint Committee on the Remuneration of Executive Directors and Alternate Executive Directors (JCR), considering current economic headwinds and constrained public sector salary growth in member countries. The JCR aimed to present a recommendation based on a transparent and neutrally-determined benchmark that maintains the real incomes of Executive Directors and preserves the existing salary ratio between them and the World Bank President and the Fund’s Managing Director. It notes that the salaries of the President of the World Bank Group and the Managing Director of the International Monetary Fund will be adjusted annually by the May-to-May change in the Washington, D.C. metropolitan area Consumer Price Index (CPI), which was 1.9 percent for the period ending June 11, 2025. Consequently, effective July 1, 2025, the remuneration for Executive Directors of the Bank and their Alternates will be paid as a salary without a supplemental allowance, set at $302,020 for Executive Directors and $261,270 for Alternate Executive Directors, in accordance with Section 13(e) of the By-Laws.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT  \nBOARD OF GOVERNORS  \nResolution No. 712  \nDirect Remuneration of Executive Directors and their Alternates  \nWHEREAS the 2025 Joint Committee on the Remuneration of Executive Directors and Alternate Executive Directors ofthe International Bank for Reconstruction and Development and the International Monetary Fund (the “JCR”) has carefully considered the issue of the remuneration of Executive Directors and their Alternates at a time of strong economic headwinds within the global economy, and consequent constrained public sector salary growth in many member countries;  \nWHEREAS the JCR considered it is desirable to present a recommendation that reflects a transparent and neutrally-determined benchmark, maintains Executive Directors’ real incomes, and preserves the current ratio of the salaries of Executive Directors with those of the World Bank President and the Fund’s Managing Director;  \nWHEREAS the JCR observed that the salaries of the President of the World Bank Group and the Managing Director of the International Monetary Fund will be adjusted annually by the May-toMay change in the Washington, D.C. metropolitan area Consumer Price Index (CPI), which for the period ending June 11, 2025, was 1.9 percent;  \nNOW, THEREFORE, the Board of Governors hereby RESOLVES:  \nTHAT, effective July 1, 2025, the remuneration of the Executive Directors ofthe Bank and their Alternates, pursuant to Section 13(e) of the By-Laws shall be paid in the form of a salary without a supplemental allowance, and such salary shall be increased to $302,020 for Executive Directors and $261,270 for Alternate Executive Directors.  \n(Adopted on August 26, 2025)","cbCaicBHGj49yEi1","https://ap.wps.com/l/cbCaicBHGj49yEi1","pdf",169604,1,"English","en",105,"# INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT\n# BOARD OF GOVERNORS\n## Resolution No. 712\n### Direct Remuneration of Executive Directors and their Alternates","[{\"question\":\"What is the purpose of Resolution No. 712?\",\"answer\":\"Resolution No. 712 addresses the direct remuneration of Executive Directors and their Alternates at the International Bank for Reconstruction and Development, based on recommendations from the 2025 Joint Committee on Remuneration.\"},{\"question\":\"What factors were considered in determining the remuneration?\",\"answer\":\"The remuneration was determined considering economic headwinds, constrained public sector salary growth, the need for a transparent benchmark, maintaining real incomes, and preserving the salary ratio with the World Bank President and IMF Managing Director.\"},{\"question\":\"What are the new salary figures for Executive Directors and Alternates?\",\"answer\":\"Effective July 1, 2025, Executive Directors will receive a salary of $302,020, and Alternate Executive Directors will receive $261,270, without supplemental allowances.\"}]",1784492440,3,{"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":84,"head_meta":86,"extra_data":88,"updated_unix":26},"international-bank-for-reconstruction-and-development-board-of-governors-resolution-no-712-direct-remuneration-of-executive-directors-and-their-alternates-adopted-august-26-2025","",{"@graph":34,"@context":83},[35,51,66],{"@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/international-bank-for-reconstruction-and-development-board-of-governors-resolution-no-712-direct-remuneration-of-executive-directors-and-their-alternates-adopted-august-26-2025/111944/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":22,"description":14,"dateModified":59,"datePublished":60,"encodingFormat":58,"isAccessibleForFree":61,"interactionStatistic":62},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-23","2026-07-19",true,{"@type":63,"interactionType":64,"userInteractionCount":20},"InteractionCounter",{"@type":65},"ViewAction",{"@type":67,"mainEntity":68},"FAQPage",[69,75,79],{"name":70,"@type":71,"acceptedAnswer":72},"What is the purpose of Resolution No. 712?","Question",{"text":73,"@type":74},"Resolution No. 712 addresses the direct remuneration of Executive Directors and their Alternates at the International Bank for Reconstruction and Development, based on recommendations from the 2025 Joint Committee on Remuneration.","Answer",{"name":76,"@type":71,"acceptedAnswer":77},"What factors were considered in determining the remuneration?",{"text":78,"@type":74},"The remuneration was determined considering economic headwinds, constrained public sector salary growth, the need for a transparent benchmark, maintaining real incomes, and preserving the salary ratio with the World Bank President and IMF Managing Director.",{"name":80,"@type":71,"acceptedAnswer":81},"What are the new salary figures for Executive Directors and Alternates?",{"text":82,"@type":74},"Effective July 1, 2025, Executive Directors will receive a salary of $302,020, and Alternate Executive Directors will receive $261,270, without 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