International Bank for Reconstruction and Development (IBRD) Board of Governors Resolution - No. 716

Jul 19, 2026

This document details Resolution No. 716 adopted by the Board of Governors of the International Bank for Reconstruction and Development (IBRD) on September 8, 2025. The resolution authorizes the immediate transfer of $100 million from IBRD's Surplus to the Grant Facility for Project Preparation Fund (the Fund). This transfer, to be drawn down as needed, is intended to support project preparation initiatives. The IBRD has the discretion to exchange the grant amount into other currencies if necessary. The resolution's effectiveness is contingent upon the adoption of Resolution No. 713, concerning the allocation of FY25 Net Income. The Grant Facility for Project Preparation Fund is administered by the IBRD, ensuring a structured and accountable mechanism for utilizing these funds to advance development projects.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Board of Governors

Resolution No. 716

Transfer from IBRD’s Surplus to the Grant Facility for Project Preparation Fund

FAQs

What is the purpose of Resolution No. 716?

Resolution No. 716 authorizes the transfer of $100 million from the IBRD's Surplus to the Grant Facility for Project Preparation Fund to support project preparation initiatives.

When was Resolution No. 716 adopted?

Resolution No. 716 was adopted on September 8, 2025.

What condition must be met for Resolution No. 716 to become effective?

Resolution No. 716 becomes effective upon the adoption of Resolution No. 713, which concerns the allocation of FY25 Net Income.

Jul 19, 2026

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