Costa Rica Has Taken Action Toward Making Its Currency Available to the Bank for Lending on June 5, 1950

0 7P1, '~ INT~ATIONAL l3ANIC ~FO~ '' EECONSTBUCTION AND DE\TEL9PMENT wiehington . 1\ FOE THE F11ESS ,'FOE RELEASE 12 Noon Q Monday, June 5, 1950 At ~ '-press cc;,nfe:rence today,, EUg~ne R. ,Black, Pree ident of c.l //' th,e ,International 'Bt\nk,for Bec8nstr.uct1on and Development, announced tha.t another Membe;r country, had taken action toward 0 m~king its currency ava1iable to the Bank for its ,,lending· opere.tione. S\ Co~t~ Etca he.a agreed in principl~ to tr.a wje of its \( 18,% paid-in cui-rency provided the Central Ban~ of Costa Bica approves euch,uee in each c~se. ') i)