[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111637-en":3,"doc-seo-111637-105":29,"detail-sidebar-cat-0-en-105":91},{"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":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},111637,7971461740909,"Levi","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","Minutes of a Meeting of the Board of Directors of IFC","Board minutes document the attendance, deliberations, and approvals of the IFC Board of Directors at a meeting held on March 13, 2025. The record covers consideration of a Liberia-IFC management report and an associated management action plan linked to a CAO compliance investigation regarding Salala Rubber Corporation (Project #26510). It also records adjournment timing, “absence-of-objection” approvals, and the Executive Directors’ approval of specific financing actions for multiple countries and projects, including related memoranda references and abstentions.","Public Disclosure Authorized Public Disclosure Authorized  \nMinutes of a Meeting of the Board of Directors ofIFC  \nheld in the Board Room on March 13, 2025, at 9:35 a.m.  \n1. There were present:  \nCHAIR:  \nM. Diop, IFC Managing Director and Executive Vice President  \nDIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS DIRECTORS:  \nZ.  \nR.  \nA.  \nM.  \nM.  \nN.  \nO.  \nK.  \nB.  \nP.  \nZ.  \nM.  \nL.  \nAhmed Alfrayyan Buisse Chiliatto Finaish Francken Fuentes Harrigan Huerzeler Iyer Kibwe  \nKrake Laraia  \nD.  \nS.  \nM.  \nS.  \nS.  \nE.  \nV.  \nH.  \nT.  \nR.  \nE.  \nW.  \nMedzhidova  \nMitch Nzengou Otani Rawet Rhuggenaath  \nSaysanavongphet  \nSeifeldin Solbes Tasker Tierney Yang  \nOFFICERS AND STAFF PARTICIPATING:  \nM. Tembon, Vice President and Corporate Secretary  \nR. Nagpal, Vice President and General Counsel  \nF. Galizia, Vice President, IFC  \nD. Khalifa, Regional Director, IFC  \nT. Kaddeche, Director, IFC  \nJ. Ferretti, Director General, IFC  \nG. Stocks, Manager, IFC  \nP. Flanagan, Senior Environmental/Social Compliance Specialist, IFC  \n* K. Kelhofer, Senior Manager, IFC  \n*via videoconference  \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  \nLiberia-IFC Management Report and Management Action Plan in Relation to CAO Investigation Report for Liberia: Salala Rubber Corporation (Project \\#26510)  \n2. The Board of Directors ofIFC discussed the report entitled “Liberia-IFC Management Report and Management Action Plan in Relation to the CAO Compliance Investigation Report on Salala Rubber Corporation (Project \\#26510)”(IFC/R2025-0009;/1-3, dated January 31, 2025, January 31, 2025, March 17, 2025, and March 19, 2025 respectively) and approved the Management Action Plan contained in Annex A of the Report.  \nAdjournment  \n3. The meeting adjourned at 11:25 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  \nThe following item(s) have been approved on an absence-of-objection basis  \nor have been authorized to proceed on a streamlined basis  \nbetween March 5, 2025 and March 13, 2025  \nTHE EXECUTIVE DIRECTORS OF IBRD AND IDA  \nPhilippines-Loan-Mindanao Transport Connectivity Improvement Project  \n1. The Executive Directors approved on March 5, 2025 a loan in the amount of EUR437.022 million (US$454.94 million equivalent) to the Philippines for a Mindanao Transport Connectivity Improvement Project on the terms and conditions set out in the President’s Memorandum (R2025-0024, dated February 13, 2025) .  \nPhilippines-Loan-Philippines Health System Resilience Project  \n2. The Executive Directors approved on March 5, 2025 a loan in the amount of EUR 476,080,000 (US$495,600,000 equivalent) to the Philippines for a Philippines Health System Resilience Project on the terms and conditions set out in the President’s Memorandum (R2025- 0025, dated February 13, 2025) .  \nMicronesia-Grant-Strengthening Public Financial Management II Project  \n3. The Executive Directors approved on March 5, 2025 a grant in the amount of SDR 9.9 million (US$13 million equivalent) to Micronesia for a Strengthening Public Financial Management II Project on the terms and conditions set out in the President’s Memorandum (IDA/R2025-0028, dated February 13, 2025) .  \nSerbia-Loan-Second Serbia Green Transition Programmatic Development Policy Loan  \n4. The Executive Directors approved on March 6, 2025 a loan in the amount of EUR 153.7 million (US$160 million equivalent) to Serbia for a Second Serbia Green Transition Programmatic Development Policy Loan on the terms and conditions set out in the President’s Memorandum (R2025-0020, dated February 12, 2025) . Ms. Ye wished to be recorded as abstaining.  \nUnited Nations Childr","cbCainxaWFoXwWmx","https://ap.wps.com/l/cbCainxaWFoXwWmx","pdf",234065,1,6,"English","en",105,"# Meeting Administration\n## Attendance and Participants\n## Discussion and Approvals\n## Adjournment","[{\"question\":\"When and where was the meeting of the IFC Board of Directors held?\",\"answer\":\"The meeting was held in the Board Room on March 13, 2025 at 9:35 a.m.\"},{\"question\":\"Which CAO-related matter did the Board discuss and approve the management action plan for?\",\"answer\":\"The Board discussed the Liberia-IFC management report and management action plan related to the CAO compliance investigation report on Salala Rubber Corporation (Project #26510).\"},{\"question\":\"What types of decisions were recorded besides the main discussion?\",\"answer\":\"The minutes record adjournment and approvals made on an absence-of-objection basis or authorized to proceed on a streamlined basis between March 5, 2025 and March 13, 2025, including loan and grant approvals and related 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