Announcement of Afghanistan’s Membership to the IMF and World Bank on July 14, 1955

1-// Joint Press Release • INTERNATIONAL MONETARY FUND AND INTERNATIONAL BANK It.,OR RECCNSTRUCTION AtID DEVEI.OPMEHT FOR THE PRESS FOR IMMEDIATE RELEASE Fund Press Release No. 234 July 14, 19SS Bank Press Release No. 411 Afghanistan today became a member of the International Monetary Fund and the International Bank for Reconstruction and Development when the Articles of Agreement of these institutions were signed in Washington on behalf of the Government of Afghanistan by His Excellency, Mr. Mohammad • Kabir Lud.in, Amba.ssador for Afghanistan in Washington. The quota of Afghanistan in the International Monetary Fund is $10,000.,000 and its subscription to the capital stock of the Bank is 100 shares with a total par value of $101 000,000 •. Fifty-seven nations are now members of the Fund and of the Bank. Admission 0£ Afghanistan brought the total of;\ membeJ's' quotas in the Fund to $8~.738,000,000. The total subscribed capit:al of the Bank is now $9,038,000.,000.