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International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

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Extract

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.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 4 , Issue 3 , August 1950 , pp. 481 - 483
Copyright
Copyright © The IO Foundation 1950

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References

1 International Bank Press Release 183, April 24, 1950.

2 Ibid., 195, July 11, 1950.

3 Ibid., 189, June 5, 1950.

4 Ibid., 197, July 21, 1950.

5 Ibid., 181, April 18, 1950.

6 Ibid., 184, April 28, 1950.

7 Ibid., 188, May 29, 1950.

8 Ibid., 192, June 15, 1950.

9 Ibid., 194, July 7, 1950.

10 Ibid., 182, April 21, 1950.

11 Ibid., 180, April 17, 1950.

12 Ibid., 191, June 5, 1950.

13 Ibid., 190, June 5, 1950.

14 Ibid., 196, July 21, 1950.