International Development Association (IDA) Board of Governors resolution ; no. 159 : Membership of Armenia

 INTERNATIONAL DEVELOPMENT ASSOCIATION BOARD OF GOVERNORS Resolution No. 159 Membership of Armenia WHEREAS the Government of Armenia has applied for admission to membership in the International Development Association in accordance with Section 1(b) of Article II of the Articles of Agreement of the Association; WHEREAS, pursuant to Section 9 of the By-Laws of the Association, the Executive Directors, after consultation with representatives of the Government of Armenia, have made recommendations to the Board of Governors regarding this application; NOW, THEREFORE, the Board of Governors hereby RESOLVES: THAT the terms and conditions upon which Armenia shall be admitted to membership in the Association shall be as follows: 1. Definitions: As used in this resolution: (a) “Association