[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112422-en":3,"doc-seo-112422-105":29,"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":4,"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},112422,5909877438554,"Maeve","https://ap-avatar.wpscdn.com/avatar/5600025385ad2bf12a7?_k=1778553567797529272",8,"Research & Report","Minutes of a Meeting of the Executive Directors of IBRD and IDA and the Boards of Directors of IFC and MIGA - June 29, 2026","Official meeting minutes for the Executive Directors of IBRD and IDA and the Boards of Directors of IFC and MIGA, convened in the Board Room on June 29, 2026. The document records attendance, including the chair, executive directors and alternates acting as executive directors, and participating officers and staff. It documents discussions on the Nigeria and Kenya partnership and development policy items, including approvals for financing components and the adjournment times at 11:09 a.m. and 12:56 p.m.","Public Disclosure Authorized Public Disclosure Authorized  \nMinutes of a Meeting of the Executive Directors of IBRD and IDA and the Boards of Directors of IFC and MIGA  \nin the Board Room on June 29, 2026 at 9:02 a.m.  \n1. There were present:  \nCHAIR:  \nA. Bjerde, Managing Director, Operations  \nEXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS:  \nZ.  \nR.  \nA.  \nA.  \nV.  \nM.  \nA.  \nA.  \nZ.  \nM.  \nC.  \nM.  \nD.  \nAhmed Alfrayyan Bedjaoui Buisse Cavalcanti Coelho Das  \nGur Kibwe Krukowski MacLennan  \nMahama  \nMalaspina  \nS.  \nD.  \nH.  \nR.  \nS.  \nE.  \nC.  \nW.  \nH.  \nH.  \nY.  \nJ.  \nMaluck Medzhidova Namikawa Nicholl  \nRawet Rhuggenaath Risso-Dominguez Saputra Seifeldin Tavares  \nYang Kuriwaki Ye  \nOFFICERS AND STAFF PARTICIPATING:  \nM. Mpundu, Director, Corporate Secretariat, Polic and Operations  \nR. Pastor, Chief Counsel  \nO. Diagana, Regional Vice President  \nE. Mountfield, Vice President and Chief Financial Officer, MIGA  \nM. Verghis, Division Director  \nM. Wes, Director, Strategy and Operations  \nB. Kamphuis, Lead Private Sector Development Specialist  \nR. Habalian, Senior Operations Officer  \nD. Khalifa, Director, IFC*  \n*via virtual connection  \nNigeria-Country Partnership Framework  \n2. The Executive Directors discussed the joint IBRD/IDA/IFC/MIGA Country Partnership Framework for Nigeria for the period FY26-FY32 (R2026-0131[IDA/R2026-0148, IFC/R2026- 0183, MIGA/R2026-0069];/1-3, dated June 4, 2026, June 4, 2026, May 4, 2026, and June 18, 2026 respectively) .  \nNigeria-Credit and Loan-Nigeria Actions for Investment and Jobs Acceleration (NAIJA) Development Policy Financing  \n3. The Executive Directors discussed the President’s Memorandum and Recommendation (R2026-0130[IDA/R2026-0135];/1-2, dated June 4, 2026, June 4, 2026, and June 11, 2026) and approved credit in the amount of US$750 million and a proposed loan in the amount of US$500 million to Nigeria for the Nigeria Actions for Investment and Jobs Acceleration (NAIJA)  \nDevelopment Policy Financing.  \nAdjournment  \n4. The meeting adjourned at 11:09 a.m.  \nMinutes of a Meeting of the Executive Directors ofthe IBRD and IDA held in the Board Room on June 29, 2026, at 11:17 a.m.  \n1. There were present:  \nCHAIR:  \nA. Bjerde, Managing Director, Operations  \nEXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS:  \nZ.  \nR.  \nM.  \nA.  \nL.  \nM.  \nF.  \nS.  \nS.  \nZ.  \nM.  \nY.  \nT.  \nAhmed Alsinaidi  \nBugamelli  \nBuisse Buteau-Allien Chavali  \nDiallo Guardado Khan Kibwe Krukowski Liu Lunde  \nC.  \nM.  \nS.  \nD.  \nK.  \nR.  \nJ.  \nE.  \nW.  \nH.  \nK.  \nR.  \nMacLennan  \nMahama  \nMaluck Medzhidova Niaz Nicholl Ovaere Rhuggenaath Saputra Seifeldin Uemura Valdes  \nOFFICERS AND STAFF PARTICIPATING:  \nA. Kumar-Capoor, Vice President and Corporate Secretary  \nS. Musiime, Deputy General Counsel, Operations  \nN. Diop, Regional Vice President  \nG. Vincelette, Vice President  \nA. Dar, Director for Strategy and Operations  \nH. Zaman, Regional Practice Director  \nA. Prasad, Practice Manager  \nQ. Fan, Division Director*  \n*via videoconference  \nKenya-IBRD Loan, IDA Credit, and IDA Grant-Second Kenya Fiscal Sustainability and Resilient Growth Development Policy Operation  \n2. The Executive Directors discussed the President’s Memorandum and Recommendation (R2026-0142[IDA/R2026-0160];/1-5, dated June 4, 2026, June 4, 2026, June 17, 2026, June 24, 2026, June 26, 2026, and June 26, 2026, respectively) and approved International Bank for Reconstruction and Development (IBRD) loan and International Development Association (IDA) credit and grant in the total amount of US$750 million, comprising: (i) US$340 million IBRD loan; (ii) US$397.5 million IDA credit of which US$12.5 million IDA credit from the Window For Host Communities and Refugees; and (iii) SDR 9.2 million (US$12.5 million equivalent) IDA grant from the Window For Host Communities and Refugees to Kenya for the Second Kenya Fiscal Sustainability and Resilient Growth Development ","cbCairfKmFWaBNXC","https://ap.wps.com/l/cbCairfKmFWaBNXC","pdf",125496,1,4,"English","en",105,"# Minutes\n## Attendance\n## Nigeria: Country Partnership Framework and NAIJA Financing\n## Kenya: Fiscal Sustainability and 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