[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111566-en":3,"doc-seo-111566-105":29,"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":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},111566,1099514068035,"Ezra","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","Minutes of a Meeting of the Executive Directors of IBRD and IDA - June 17, 2025","Minutes record the Executive Directors’ meeting of the IBRD and IDA held June 17, 2025 at 10:03 a.m., including attendance of the chair, executive directors, alternates, and participating officers and staff. The Directors reviewed the President’s Memorandum and Recommendation for a UNDP benefit to Yemen’s Financial Market Infrastructure and Inclusion Project, approving the stated SDR and US$ amounts. The minutes also note approvals on an absence-of-objection basis for multiple IBRD and IDA financing and credit items across Armenia, Lao PDR, Kenya, Mozambique, Yemen, and Senegal, and record abstentions where requested. The meeting adjourned at 11:12 a.m.","Public Disclosure Authorized Public Disclosure Authorized  \nMinutes of a Meeting of the Executive Directors ofthe IBRD and IDA held in the Board Room on June 17, 2025, at 10:03 a.m.  \n1. There were present:  \nCHAIR:  \nA. Bjerde, Managing Director, Operations  \nEXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS:  \nA.  \nF.  \nA.  \nP.  \nL.  \nB.  \nP.  \nN.  \nO.  \nK.  \nP.  \nE.  \nM.  \nAlmulla  \nAlswied Bedjaoui Bonmartin Buteau-Allien Ehdaie Fonseca Francken Graham Heuckroth Iyer Kheifets  \nKrake  \nI.  \nT.  \nL.  \nB.  \nE.  \nR.  \nS.  \nE.  \nT.  \nR.  \nH.  \nW.  \nLolo Lunde  \nMagagula  \nMaser  \nMei Nicholl Otani Rhuggenaath Solbes Tasker  \nTavares Yang  \nOFFICERS AND STAFF PARTICIPATING:  \nS. Shah, Acting Vice President and Corporate Secretary  \nA. Musiime, Deputy General Counsel, Operations  \n*O. Dione, Regional Vice President  \nB. Guermazi, Director, Strategy and Operations  \n*S. Guimbert, Division Director  \nN. Mohammed, Regional Practice Director  \nS. Chaudhuri, Director  \n*D. Abu-Ghaida, WBG Country Manager  \nR. Chandra, Senior Financial Sector Specialist  \nN. Nebe, Senior Manager, MIGA  \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  \nUnited Nations Development Programme (UNDP) -Yemen-Grant-Yemen Financial Market Infrastructure and Inclusion Project  \n2. The Executive Directors discussed the President’s Memorandum and Recommendation (IDA/R2025-0162, dated May 28, 2025) and approved a grant in the amount of SDR 15.40 million (US$20 million equivalent) to United Nations Development Program (UNDP) for the benefit of the Republic of Yemen for a Yemen Financial Market Infrastructure and Inclusion Project on the terms and conditions set out in the President’s Memorandum. Mr. Wisner wished to be recorded as abstaining.  \nAdjournment  \n3. The meeting adjourned at 11:12 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 June 13, 2025 and June 17, 2025  \nTHE EXECUTIVE DIRECTORS OF IBRD AND IDA  \nArmenia-IBRD Financing Envelope and Loan-Armenia Water and Irrigation Services Enhancement (WISE) Program using the Multiphase Programmatic Approach (MPA) Including a Proposed Loan as Phase 1 of the MPA  \n1. The Executive Directors approved on June 13, 2025 an IBRD financing envelope in the amount of US$330 million equivalent loan to Armenia for an Armenia Water and Irrigation Services Enhancement (WISE) Program using the Multiphase Programmatic Approach (MPA), including a loan in the amount of EUR 70.4 million (US$80 million equivalent) as Phase 1 of the MPA on the terms and conditions set out in the President’s Memorandum (R2025-0119, dated May 27, 2025) .  \nLao People's Democratic Republic-Credits-Lao PDR Pollution and Waste Management Project  \n2. The Executive Directors approved on June 13, 2025 a credit in the amount of SDR 22.1 million (US$29 .94 million equivalent) on IDA blend terms and a credit in the amount of SDR  \n3.4 million (US$4 .56 million equivalent) on IDA Shorter Maturity Loan terms to Lao People's Democratic Republic for a Lao PDR Pollution and Waste Management Project on the terms and conditions set out in the President’s Memorandum (IDA/R2025-0168, dated May 27, 2025) .  \nKenya-Credit-Second Kenya Social and Economic Inclusion Project  \n3. The Executive Directors approved on June 17, 2025 a credit in the amount of EUR 112.3  \nmillion (US$127 .5 million equivalent) to Kenya for a Second Kenya Social and Economic Inclusion Project on the terms and conditions set out in th","cbCaisrxKKpfdzQa","https://ap.wps.com/l/cbCaisrxKKpfdzQa","pdf",182783,1,6,"English","en",105,"# Meeting Details\n## Attendance and Participation\n## Agenda: President’s Memorandum and Recommendation\n## Adjournment\n# Approved Items (Absence-of-Objection / Streamlined) \n## Armenia - IBRD Financing Envelope and WISE Program\n## Lao PDR - Pollution and Waste Management\n## Kenya - Social and Economic Inclusion Project\n## Mozambique - Urban Water Security Project\n## Yemen - Education and Learning Project\n## Requests and Other Approvals","[{\"question\":\"When and where was the IBRD and IDA Executive Directors meeting held?\",\"answer\":\"The meeting was held in the Board Room on June 17, 2025 at 10:03 a.m.\"},{\"question\":\"What project did the Executive Directors approve for Yemen at the June 17, 2025 meeting?\",\"answer\":\"They approved a grant to UNDP for the Yemen Financial Market Infrastructure and Inclusion Project, totaling SDR 15.40 million (US$20 million equivalent).\"},{\"question\":\"What kinds of items were approved between June 13, 2025 and June 17, 2025?\",\"answer\":\"The minutes state that certain items were approved on an absence-of-objection basis or authorized to proceed on a streamlined basis, including financing/credit approvals for projects in Armenia, Lao PDR, Kenya, Mozambique, Yemen, Senegal, and a request referenced by a paragraph in a specific 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