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Finance & Development, June 1978
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Finance & Development, June 1978
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Finance & Development, June 1978
Ebook190 pages2 hours

Finance & Development, June 1978

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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.

LanguageEnglish
Release dateJun 1, 1978
ISBN9781463973162
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Finance & Development, June 1978

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