He retired from IBRD in 1955, although he continued to consult on engineering issues for it until the time of his death.
22.
It comprises two institutions : the International Bank for Reconstruction and Development ( IBRD ), and the International Development Association ( IDA ).
23.
The IBRD is owned and governed by its member states, but has its own executive leadership and staff which conduct its normal business operations.
24.
In addition to contributions from its member nations, the IBRD acquires most of its capital by borrowing on international capital markets through bond issues.
25.
To be eligible for support from the IDA, countries are assessed by their poverty and their lack of creditworthiness for commercial and IBRD borrowing.
26.
White also proposed creation of the IBRD ( now part of the World Bank ) which would provide capital for economic reconstruction after the war.
27.
The City of Passi is centrally located on the island of Panay and can be reached by Iloilo-Capiz highway ( IBRD Expressway ).
28.
In the previous fiscal year to June 30, 1998, IBRD loans totaled dlrs 21 billion while IDA commitments were dlrs 7.5 billion.
29.
Developing countries grew increasingly frustrated with not being able to afford IBRD lending and perceived the Marshall Plan as a comparatively generous gift to European nations.
30.
Australia and New Zealand were likewise absent from formal participation at Savannah ( Australia sent observers ), though they joined the IMF and IBRD later.
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