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

Jul 19, 2026

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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

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

Upload by Hazel