Finance & Development, June 1978
This paper examines the expanded role for the International Finance Corporation (IFC) with a major capital increase. The paper highlights that for the first time in its history, the IFC is undertaking a major increase of its share capital. In a decision made by its Board of Governors in November 197...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
1978
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| Series: | Finance & Development
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This paper examines the expanded role for the International Finance Corporation (IFC) with a major capital increase. The paper highlights that for the first time in its history, the IFC is undertaking a major increase of its share capital. In a decision made by its Board of Governors in November 1977, the IFC’s authorized capital stock has been increased by US$540 million, from US$110 million to US$650 million. Of the increase, US$480 million has been allocated for subscription by current member countries. More than US$165 million has already been subscribed and US$33 million paid |
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| Physical Description: | 48 pages |
| ISBN: | 9781616353339 |