[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111810-en":3,"doc-seo-111810-105":28,"detail-sidebar-cat-0-en-105":90},{"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":11,"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},111810,1374391974468,"Eden","https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0",8,"Research & Report","Minutes of a Meeting of the Board of Directors of IFC - June 13, 2024","Minutes record the attendance, deliberations, and approvals of meetings held by IFC’s board and executive directors, including consideration of CAO compliance investigation reports and related management reports. The document documents the executive directors’ approval of the Management Action Plan presented in Annex A, notes that key materials will be published on CAO’s website, and records adjournment times for each session. It also states restricted distribution and publication limitations under World Bank Group authorization rules.","Public Disclosure Authorized Public Disclosure Authorized  \nFROM: Vice President and Corporate Secretary  \nMinutes of a Meeting of the Board of Directors ofIFC  \nin the Board Room on June 13, 2024 at 10:08 a.m.  \n1. There were present:  \nCHAIR:  \nM. Diop, IFC Managing Director and Executive Vice President  \nDIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS DIRECTORS:  \nM.  \nA.  \nA.  \nM.  \nE.  \nA.  \nH.  \nA.  \nM.  \nL.  \nH.  \nD.  \nN  \nAlghfais  \nAlmulla Buisse  \nBugamelli  \nBusygin Das Demircan Diodlo Krukowski Lind Murai Pierini Putscher  \nM.  \nE.  \nW.  \nN.  \nT.  \nR.  \nE.  \nR.  \nH.  \nR.  \nK.  \nW.  \nQuiros Romero Ruggenaath Saputra Segole  \nShah Srinivanakrishnan Sta. Ana  \nTasker  \nTavares Tierney Wijeyewardene Yang  \nOFFICERS AND STAFF PARTICIPATING:  \nR. Nagpal, Vice President and General Counsel  \nM. Tembon, Vice President and Corporate Secretary  \nJ. Ferretti. Director General  \nS. Pimenta, Regional Vice President  \nF. Galizia, Vice President  \nE. Nyirinkindi, Vice President  \nH. Kaddeche, Director  \nY. Xu, Country Manager  \nG. Stocks, Manager  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nOfficial Use Only  \nMyanmar: Management Report and Management Action Plan (MAP) in response to the CAO Investigation Report for IFC’s investment in Myanmar Awba Group Company Ltd, Project \\#35880 in Myanmar  \n2. The Executive Directors considered the report entitled “CAO Compliance Investigation Report regarding IFC’s Investment in Myanmar Awba Group Company Limited (CAO/SecM2023- 00260” and “IFC’s Management Report and Management Action Plan in relation to the CAO compliance investigation report on Myanmar Awba report (IFC/R2023-0351/3)” and approved the Management Action Plan contained in Annex A of the Management Report. CAO’s investigation report, the Management Report, and the Management Action Plan will be published on CAO’s website.  \nAdjournment  \n3. The meeting adjourned at 11.07 a.m.  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nOfficial Use Only  \nFROM: Vice President & Corporate Secretary  \nMinutes of a Meeting of the Executive Directors of IBRD and IDAin the Board Room on June 13, 2024 at 2:19 p.m.  \n1. There were present:  \nCHAIR:  \nA. van Trotsenburg, Senior Managing Director  \nEXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS:  \nZ.  \nL.  \nA.  \nF.  \nM.  \nA.  \nN.  \nS.  \nM.  \nZ.  \nM.  \nJ.  \nN.  \nAhmed Albisson  \nAlmulla  \nAlswied Coelho Das Francken  \nGuardado Hernandez  \nHolmberg Kibwe Krukowski Medzhidova Mohd Yassin  \nS.  \nD.  \nK.  \nE.  \nP.  \nT.  \nE.  \nS.  \nR.  \nL.  \nH.  \nW.  \nOtani Pierini Rechico Rhuggenaath Sewing Shah  \nSta. Ana Suter Tasker  \nTaulealo  \nTavares Yang  \nOFFICERS AND STAFF PARTICIPATING:  \nM. Tembon, Vice President and Corporate Secretary  \nR. Pastor, ChiefCounsel  \nD. Diagana, Regional Vice President  \nS. Chaudhuri, Country Director  \nA. Sienaert, Lead Economist  \nS. Matta, Senior Economist  \nM. Kajubi, Senior Economist  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nOfficial Use Only  \nNigeria – Loan and Credit – Reform for Economic Stabilization to Enable Transformation (RESET) Development Policy Financing  \n2. The Executive Directors considered the President’s Memorandum and Recommendation (R2024-0100[IDA/R2024-0133], dated May 21, 2024) and approved a loan in the amount of US$750 million and a credit in the amount of US$750 million to Nigeria for the Reform for Economic Stabilization to Enable Transformation (RESET) Development Policy Financing on the terms and conditio","cbCairBGtdp5BvDh","https://ap.wps.com/l/cbCairBGtdp5BvDh","pdf",219216,1,"English","en",105,"# Meeting of the Board of Directors of IFC\n## Attendance, approvals, and adjournment\n# Meeting of the Executive Directors of IBRD and IDA\n## Consideration of memoranda and approvals\n# Absence-of-Objection and streamlined approvals (June 11–13, 2024)\n## Benin additional financing\n## Ghana credits","[{\"question\":\"What materials did the executive directors consider before approving the Management Action Plan?\",\"answer\":\"They considered the CAO compliance investigation report regarding IFC’s investment in Myanmar Awba Group Company Limited and IFC management materials including the management report and related management action plan referenced in the minutes.\"},{\"question\":\"What did the board or executive directors approve regarding the Myanmar Awba investment?\",\"answer\":\"They approved the Management Action Plan contained in Annex A of the management report, following consideration of the CAO compliance materials.\"},{\"question\":\"What approvals were recorded on an absence-of-objection or streamlined basis between June 11 and June 13, 2024?\",\"answer\":\"The minutes list approvals for items including Benin additional financing for the Agricultural Competitiveness and Export Diversification Project and Ghana credits for the Ghana Energy Sector Recovery Program under Program-for-Results.\"}]",1784491814,20,{"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":85,"head_meta":87,"extra_data":89,"updated_unix":26},"minutes-of-a-meeting-of-the-board-of-directors-of-ifc-june-13-2024","",{"@graph":34,"@context":84},[35,52,67],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,49],{"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":48},"https://docshare.wps.com/document/research-report/",3,{"item":50,"name":13,"@type":41,"position":51},"https://docshare.wps.com/document/minutes-of-a-meeting-of-the-board-of-directors-of-ifc-june-13-2024/111810/",4,{"url":50,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":22,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":39,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What 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