Minutes of a Meeting of the Executive Directors of the Bank and the Boards of Directors of IFC and MIGA - July 22, 2021 - Approved on an Absence-of-Objection Basis

Jul 19, 2026

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Minutes record a WebEx meeting of the Executive Directors of the Bank and the Boards of Directors of IFC and MIGA held on July 22, 2021 at 10:01 a.m. Attendance lists the chair, executive directors, alternates, temporary alternates, and participating officers and staff. The directors discussed the joint IBRD/IFC/MIGA South Africa Country Partnership Framework for FY22–FY26, then adjourned at 11:47 a.m. An absence-of-objection/streamlined approval list covers multiple development policy operations and projects across India, Burkina Faso, Central African Republic, Democratic Republic of Congo, Madagascar, Malawi, and Vietnam.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages10

Reading Time25 min

Meeting details

Attendance and participants

Discussion topics

Adjournment

Approvals on an absence-of-objection or streamlined basis

Approved operations and projects by country

Public Disclosure Authorized Public Disclosure Authorized FROM: Vice President and Corporate Secretary Minutes of a Meeting of the Executive Directors ofthe Bank and the Boards of Directors of IFC and MIGA via WebEx on July 22, 2021 at 10:01 a.m. 1. There were present: CHAIR: A. van Trotsenburg, Managing Director, Operations EXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS: M. M. A. A. G. A. F. E. M. J. H. D. D. Ahmad Alam Alkhalaf Bedjaoui Beger Bello Bouvet Bouzis Bugamelli Chang Demircan Favre Harris M. L. A. R. M. I. K. T. N. T. F. A. Hasan Lind Manuel Marshavin Medina Menendez de Luarca Nelson Nyamadzabo Ray Tsuda Vodita Weintraub OFFICERS AND STAFF PARTICIPATING: M. Garcia Jauregui, Acting Vice President and Corporate Secretary C. Frazier, Acting Senior Vice President and General Counsel G. Tanyi, Chief Counsel, IFC A. Kumar-Capoor, Director and General Counsel, MIGA H. Ghanem, Vice President S. Pimenta, Regional Vice President, IFC M. Baroudi, Director, MIGA M.F. Marie-Nelly, Country Director OTHER PARTICPANTS: A. Coronel, Assistant Director/Mission Chief, IMF M. Alier, Resident Representative, IMF This 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. South Africa-Country Partnership Framework FY22-FY26 2. The Executive Directors discussed the joint IBRD/IFC/MIGA Country Partnership Framework for South Africa for the period ofFY22-FY26 (R2021-0130[IFC/R2021-0186, MIGA/R2021-0048], dated June 25, 2021) . Adjournment 3. The meeting adjourned at 11:47 a.m. This 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. The following item(s) have been approved on an Absence-of-Objection Basis or have been authorized to proceed on a streamlined basis between June 29, 2021, and July 22, 2021 THE EXECUTIVE DIRECTORS OF THE BANK AND IDA India – Loan and Credits-Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) Development Policy Operation 1. The Executive Directors approved on June 29, 2021 a loan in the amount of US$387 .5million and credits made up of a concessional credit of SDR 12.6 million (US$18 .0 million equivalent) and a non-concessional credit of US$94 .5 million to India for a Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) Development Policy Operation on the terms and conditions set out in the President’s Memorandum (R2021- 0119[IDA/R2021-0184], dated June 9, 2021) . Burkina Faso – Credit and Grant-Support to Land and Mining Management Strengthening Project 2. The Executive Directors approved on June 29, 2021 a credit in the amount of EUR 61.6 million (US$75 million equivalent) and an IDA Grant in the amount of SDR 52 million (US$75 million equivalent) (together US$150 million equivalent) to Burkina Faso for a Support to Land and Mining Management Strengthening Project on the terms and conditions set out in the President’s Memorandum (IDA/R2021-0187, dated June 10, 2021) . Central African Republic-Grant from the IDA19 Crisis Response Window Early Response Financing (CRW ERF) -Emergency Food Crisis Response Project 3. The Executive Directors approved on June 29, 2021 a grant from the IDA19 Crisis Response Window Early Response Financing in the amount of SDR 34.7 million (US$50 million equivalent) to the Central African Republic for an Emergency Food Crisis Response Project on the terms and conditions set out in the President’s Memorandum (IDA/R2021-0209, dated June 18, 2021) . Democratic Republic of Congo-Additional Grant, Credit, and Restructuring-DRCCOVID-19 Strategic Preparedness and Response

FAQs

When and how was the meeting held?

The meeting was held via WebEx on July 22, 2021, starting at 10:01 a.m., and it adjourned at 11:47 a.m.

What main item did the Executive Directors discuss?

They discussed the joint IBRD/IFC/MIGA Country Partnership Framework for South Africa for the period FY22–FY26.

How were subsequent items approved after the adjournment?

Items were approved on an Absence-of-Objection Basis or authorized to proceed on a streamlined basis between June 29, 2021 and July 22, 2021.

Jul 19, 2026

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