INTERNATIONAL DEVELOPMENT ASSOCIATION

                                     BOARD OF GOVERNORS



                                        Resolution No. 133

                     Membership of the People’s Republic of Mozambique


   WHEREAS the Government of the People’s Republic of Mozambique has applied for
admission to membership in the International Development Association in accordance with Section
1(b) of Article II of the Articles of Agreement of the Association; 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 People’s Republic of
Mozambique, have made recommendations to the Board of Governors regarding this application;

   NOW, THEREFORE, the Board of Governors hereby

RESOLVES:

  THAT the terms and conditions upon which the People’s Republic of Mozambique shall be
admitted to membership in the Association shall be as follows:

1. Definitions: As used in this resolution:
   (a) “Association� means International Development Association.
   (b) “Articles� means the Articles of Agreement of the Association.
   (c) “Dollars� or “$� means dollars in currency of the United States of America.

2. Initial Subscription:
   (a) The terms and conditions of the membership of the People’s Republic of Mozambique 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, the People’s Republic of Mozambique
        shall subscribe funds in the amount of $1,370,000 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, the People’s Republic of Mozambique
        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.

3. Acceptance of Membership: The People’s Republic of Mozambique shall become a member of
the Association with a subscription as set forth in paragraph 2(b) of this resolution as of the date
when the People’s Republic of Mozambique shall have complied with the following requirements:
    (a) become a member of the International Bank for Reconstruction and Development;
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    (b) made the payments called for by paragraph 2 of this resolution;
    (c) deposited with the International Bank for Reconstruction and Development an instrument
        stating that it has accepted in accordance with its law the Articles and all the terms and
        conditions prescribed in this resolution, and that it has taken all steps necessary to enable it
        to carry out all its obligations under the Articles and this resolution; and
    (d) signed the original Articles held in the archives of the International Bank for
        Reconstruction and Development.

4. Limitation on Period for Acceptance of Membership: The People’s Republic of Mozambique
may accept membership in the Association pursuant to this resolution until June 28, 1985 or such
later date as the Executive Directors of the Association may determine.

5. Additional Subscriptions: Upon or after acceptance of membership, the People’s Republic of
Mozambique shall also be authorized at its option to make the following additional subscriptions:
   (a) An additional subscription in the amount of $165,299 which shall carry 14,107 votes and
       be subject to the following terms and conditions:
       (i) Payment of such additional subscription shall be made in the currency of the People’s
            Republic of Mozambique within 30 days after the People’s Republic of Mozambique
            notifies the Association of its intention to make such additional subscription.
      (ii) The rights and obligations of the Association and the People’s Republic of
            Mozambique with regard to such additional subscription shall be the same (except as
            otherwise provided in this resolution) as those which govern the 90% portion of the
            initial subscriptions of original members payable under Article II, Section 2(d) of the
            Articles by members listed in Part II of Schedule A of the Articles, provided,
            however, that the provisions of Article IV, Section 2 of the Articles shall not be
            applicable to such subscription.
   (b) A further additional subscription in the amount of $12,400 which shall carry 1,696 votes,
       calculated on the basis of 1,200 membership votes and 496 subscription votes. The rights
       and obligations of the Association and the People’s Republic of Mozambique with regard
       to such further additional subscription shall be the same as those which are applicable to
       the subscriptions authorized for Part II members under Section E of the Seventh
       Replenishment Resolution (No. 132) adopted by the Board of Governors on August 6,
       1984.



                                                                    (Adopted on September 24, 1984)