INTERNATIONAL DEVELOPMENT ASSOCIATION

                                     BOARD OF GOVERNORS



                                         Resolution No. 20

                            Membership of Central African Republic


   WHEREAS the Government of the Central African Republic has applied for admission to
membership in the International Development Association (hereinafter called “Association�?) in
accordance with Section 1(b) of Article II of the Articles of Agreement of the Association
(hereinafter called “Articles�?); and

    WHEREAS, pursuant to Section 9 of the By-Laws of the Association, the Executive Directors,
after consultation with representatives of the Government of the Central African Republic, have
made recommendations to the Board of Governors regarding the application of Central African
Republic for admission to membership in the Association;

   NOW, THEREFORE, the Board of Governors hereby

RESOLVES:

  THAT the terms and conditions upon which Central African Republic shall be admitted to
membership in the Association shall be as follows:

(a) The terms and conditions of the membership of Central African Republic in the Association
other than those specifically provided for in this Resolution shall be those set forth in the Articles
with respect to the membership of original members listed in Part II of Schedule A thereof
(including, but not by way of limitation, the terms and conditions relating to subscriptions,
payments on subscriptions, usability of currencies, and voting rights).

(b) Upon accepting membership in the Association, Central African Republic shall subscribe funds
in the amount of $500,000 expressed in terms of United States dollars of the weight and fineness in
effect on January 1, 1960.

(c) Before accepting membership in the Association, Central African Republic shall make all
payments on its initial subscription which would have been payable on or before the date of
acceptance had it become a member of the Association as an original member listed in Part II of
Schedule A of the Articles.
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(d) Central African Republic may accept membership in the Association pursuant to this
Resolution until March 29, 1963, provided, however, that if extraordinary circumstances are
deemed by the Executive Directors to warrant an extension of the period during which it may
accept membership pursuant to this Resolution, the Executive Directors may extend such period.



                                                              (Adopted on September 18, 1962)