Announcement of Argentina’s Membership in the International Monetary Fund and the International Bank for Reconstruction and Development on September 20, 1956

Ul'J 56 /I~ • For Inrnediate Release Joint Press Release INTER11ATI0NAL MONETARY FUND and IlTrERl'JATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT FOR THE PRESS Subject: Argentina joins Fund and B'~nk September 20, 1956 Argentina 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 Argentina by His Excellency Dr. Don Adolfo A. Vice hi, Ambassador for Argentina in Uasbington • • The quota of Argentina in the International Monetary Fund is ~150 million, and its subscription to the capital stock of the Bank is 1,500 shares with a total par value of $150 million. Fifty-nine nations are now members of the Fund and of the Bank. Admission of Argentina brought the total of members' quotas in the Fund to ~;p8,905,500,000. The total subscribed capital of the Bank is now $9,2fi.8, 700,000 • •