Groupe de la Banque mondiale · Announcement

Announcement of Solomon Islands Becomes One Hundred and Fourteenth Member of IFC on July 24, 1980

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International Finance Co;poration 1818 H Street, NW Washington, D .C 20433, U S A. TERNATIONTL MONETARY FUN 202-477-1234 Thursday, July 24, 1980 c F071 Solomon Islands Becomes 1 th 'Meim bOrofIFC The Solomon Islands has become the 114th country share- holder in the International Finance Corporation (IFC), the World Bank affiliate which promotes private enterprise as a contributing factor in the economic development of the developing countries. The articles of agreement of IFC were signed in Washington on July 21 by Mr. A.V. Hughes, Permanent Secretary, Ministry of Finance. The subscription of the Solomon Islands to IFC's capital is $11,000 represented by 110 shares.

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Source worldbank_document