Record of Approval on an Absence-of-Objection Basis - June 23, 2026

Jul 19, 2026

Uploaded by Hazel

Executive Directors approved proposed credits under an absence-of-objection basis on Tuesday, June 23, 2026. Approvals include EUR 85.4 million for Cote d'Ivoire and US$75 million for Guinea, each supporting Public Resource Management for Jobs and Growth as Phase 1 of the Multiphase Programmatic Approach (MPA). The financing is granted on the terms and conditions stated in the President’s Memorandum dated June 8, 2026 (IDA/R2026-0158;/2). Lailee Jane Moghtader requested that her objection be recorded.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

AccessFree to download

Approval date and basis

Approved credits and amounts

Memorandum terms and reference

Noted objection

FAQs

What approval was made on the absence-of-objection basis?

The Executive Directors approved proposed credits on an absence-of-objection basis for Cote d'Ivoire and Guinea.

Which amounts were approved for Cote d'Ivoire and Guinea?

Cote d'Ivoire received EUR 85.4 million, and Guinea received US$75 million, each tied to the Phase 1 program.

What reference document sets the terms and conditions?

The terms and conditions are set out in the President’s Memorandum dated June 8, 2026 (IDA/R2026-0158;/2).

Jul 19, 2026

Uploaded by Hazel