International Bank for Reconstruction and Development

Anonymous

International Organization, 1956, vol. 10, issue 4, 630-632

Abstract: The eleventh annual report of the International Bank for Reconstruction and Development, which was presented to the Board of Governors on September 25, 1956, covered the activities of the Bank for the period July 1, 1955—June 30, 1956. During the year under review, the Bank had made 26 loans, totalling the equivalent of $396 million, in 20 countries and territories, in six of which the Bank had not lent before. Lending since the Bank had begun its operations totaled the equivalent of $2,720 million ($2,667 million net of cancellations and refundings) in 42 countries. About 70 percent of the total loaned during the year under review had been directed toward the development of electric power and the improvement of transportation. Notable features in the year's lending operations had been the increased activity of the Bank in Asia, where lending totaled $166 million, the size of the projects assisted, and the extent to which the loans had supported programs rather than single projects.

Date: 1956
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:intorg:v:10:y:1956:i:4:p:630-632_10

Access Statistics for this article

More articles in International Organization from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().