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Finance & Development, June 1978 [electronic resource]

By: International Monetary Fund. External Relations Dept.
Material type: materialTypeLabelBookSeries: Finance & Development; Finance & Development, Volume 15: No. 2Publisher: Washington, D.C. : International Monetary Fund, 1978Description: 1 online resource (48 p.).ISBN: 1616353333 :.ISSN: 0145-1707.Subject(s): Authorized Capital | Capital Increase | Capital Markets | Capital Stock | Rural Development | CameroonAdditional physical formats: Print Version:: Finance & Development, June 1978Online resources: IMF e-Library | IMF Book Store Abstract: 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
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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 40 million, from US 10 million to US 50 million. Of the increase, US 80 million has been allocated for subscription by current member countries. More than US 65 million has already been subscribed and US 3 million paid.

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