On June 22, 1962, the International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number one hundred and fifty seven. It was resolved that, pursuant to Article II, Section 3(b) of the Articles of Agreement of the Bank, the Board of Governors hereby authorizes the acceptance by the Bank of the subscription of United Arab Republic to 355 shares of the capital stock of the Bank in addition to the 1,066 shares of...
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