COMMITTEE ON DEVELOPMENT EFFECTIVENESS FROM: The Committee Secretary Minutes of the Meeting held on Monday, July 31, 2023 at 11:02 a.m. in the Board Room Present: Committee Members: M. Krake (Acting Chair) H. Demircan J. Farronato (Temporary Alternate) L. Lind M. Quiros Romero (Temporary Alternate) H. Seifeldin (Alternate) H. Tavares (Alternate) P. Wisner (Temporary Alternate) Other Executive Directors, Alternates, Senior Advisors and Advisors L. Albisson L. Magagula M. Alsharif L. Matla H. Amrane G. Minxhozi N. Cabiles A. Morozov T. Dorji J. Wissenburg M. Gurstein T. Yamakawa S. Lambasara W. Yang J. Leon Astete Officers and Staff E. Bourganskaia L. Chu R. Heltberg E. Mountfield C. Nonay D. Satola T. Sundararaman L. Tacher (Committee Secretary) 2 The World Bank Group’s 2018 Capital Increase Package - An Independent Validation of Implementation and Results 1. The Committee discussed the document entitled “The World Bank Group’s 2018 Capital Increase Package - An Independent Validation of Implementation and Results” CODE2023-0034), together with the “World Bank Group Draft Management Response” (CODE2023-0037). A report from the Committee to the Board was prepared. Adjournment 2. The meeting adjourned at 12:54 p.m.