International Bank for Reconstruction and Development

Anonymous

International Organization, 1950, vol. 4, issue 3, 481-483

Abstract: The International Bank for Reconstruction and Development reported a net income of $9,856,856 for the nine months ended March 31, 1950. The net income for the first three quarters of the preceeding year had amounted to $7,383,006. Gross income, exclusive of $4,157,591 in the special reserve, amounted to $18,798,663; expenses totalled $8,941,807, including $3,248,017 administrative expenses and $5,693,700 bond interest and other payments. As of March 31,1950 the Bank had an accumulated excess of income over expenses of $23,497,950, and the special reserve amounted to $12,231,732.

Date: 1950
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