Law amending the Agreement on the International Bank for Reconstruction and Development

Bill Financial services PUBLISHED

Date: 24th Jan, 2025 Source: German Parliament Country: Germany Original Source

Brief

The "Law amending the Agreement on the International Bank for Reconstruction and Development" has been "PUBLISHED" by the "German Parliament" on "24/01/2025". This law aims to eliminate the lending capacity limit of the International Bank for Reconstruction and Development (IBRD) as per Article III, Section 3 of the Articles of Agreement. The removal of this restriction will grant the IBRD a larger credit allocation space, enabling it to achieve development goals more effectively.

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German Parliament

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Law amending the Agreement on the International Bank for Reconstruction and Development

Brief

German Parliament

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