JOHN CARLOS I

KING OF SPAIN

To all who present it and understand it.

Sabed: That the General Courts have approved and I come to sanction the following Law.

EXPLANATORY STATEMENT

This Law is dictated by the jurisdiction of the Constitution, which is exclusive to the State, pursuant to Article 149.1, paragraphs 3.a and 13.a, concerning international relations and the bases and the coordination of the economy.

This Law is intended to authorize the participation of Spain in the eighth replenishment of the Inter-American Development Bank and its Special Operations Fund, agreed upon by the Bank's partner countries in 1995. approve Document AB-1704 and its five annexes.

By virtue of this, it is mainly agreed to expand the Bank's capital by $40 billion by issuing new shares, improving the presence of European partners and Japan in the ownership and governance scheme, partially redistributing relative equity shares, and endowing the Special Operations Fund with $1 billion.

By this participation the Kingdom of Spain will increase its holdings of capital of the Bank in 109,959, thus maintaining its relative weight that is equivalent to that of the main European partners of the Institution, at the same time which contributes to the replenishment of the Special Operations Fund in the proportion that corresponds to it.

Article 1. Subscription of shares.

1. The Government is hereby authorized to sign, on behalf of the Kingdom of Spain, the 109,959 new shares corresponding to it in the eighth capital increase of the Inter-American Development Bank, approved by the following Resolutions of its Assembly of Governors: AG-6/94 of 12 August 1994, AG-8/95 of 23 March 1995, AG-9/95 of 24 March 1995, AG-10/95 of 20 April 1995, AG-11/95 of 6 June 1995 and AG-12/95 of 11 July 1995. Resolution AG-10/95 on the extension of capital is included as an Appendix I to this Law.

2. This subscription will consist of 4,166 shares of a payable character and 105,793 of a chargeable character, all of which are issued at par and with a nominal unit value of 10,000 US dollars of the weight and law in force on 1 January 1959. Converted to current dollars in accordance with the provisions of the Bank's Constitutive Convention, and to funds from this replenishment, a price per share of 12,063,43238 current U.S. dollars is set.

The subscription will be made in six annual instalments, which will be effective as of December 31 of each year from 1994, or the subsequent dates that the Board of Directors can determine. The first five quotas amount to 8,372,022 US dollars and, the sixth quota, to 8,396,149 US dollars.

The required shares will be incorporated in successive instalments on the same dates of the subscriptions, at the rate of 212,702,440 US dollars for each of the first five tranches and, for the sixth tranche, 212,714,502 US dollars.

The shares payable shall be incorporated at the rate determined by the payments set out in Article 3 of this Law.

Article 2. Contribution to the Special Operations Fund.

1. The Government is authorised to make a contribution to the Special Operations Fund in the eighth replenishment of the Inter-American Development Bank, on behalf of Spain, amounting to USD 54,467,910, in accordance with the provisions of Resolution AG-11/95 of its Board of Governors, which is included as Appendix II to this Law.

2. This contribution consists of three contributions, a basic contribution of 6,901,000 US dollars, an additional contribution of 46,566,910 US dollars and a special contribution equivalent to 1,000,000 US dollars. US dollars.

The basic contribution is in turn divided into four annual and equal shares, which will be effective on December 31 of each year beginning in 1994, or on subsequent dates that the Board of Directors can determine.

In turn, the additional and special contributions are divided into six equal annual instalments, which will enter into force on 31 December of each year starting in 1994, or on subsequent dates which may be determined by the Commission. the Board of Directors.

3. The three Spanish contributions will be made in six single annual instalments, formalising by means of promissory notes which will be deposited on 31 December of each year, beginning in 1994. The amount of these fees will amount to 9,653,069 US dollars for each of the first four, to 7,927,819 US dollars for the fifth, and to 7,927,815 US dollars for the sixth.

4. The exchange rate applicable to contributions to the Special Operations Fund shall be the exchange rate referred to in Article 4 (1) of this Law.

Article 3. Payment of the subscriptions.

1. The denomination of the Spanish commitment will be the peseta. The exchange rate applicable to subscriptions to ordinary capital shall be the rate at the time of redemption by the Inter-American Development Bank of the Notes issued by the Spanish State.

2. The payment of the shares corresponding to the shares payable shall be made by the issue of notes denominated in pesetas, one for the value of each quota, which shall not bear interest.

3. Each promissory note shall be paid out by five successive and equal annual repayments, with the first payment within 30 days of the date of entry into force of the corresponding quota.

4. The subscription will be covered by the budget allocations which, for this purpose, will be entered in the budgets of the Ministry of Economy and Finance.

Article 4. Payment of contributions to the Special Operations Fund.

1. The government is authorized to choose the currency of denomination of the Spanish obligation. The exchange rate applicable to the fixing of the amount in units of obligation from the US dollar, the Special Drawing Right, or the European Monetary Unit, shall be determined by the Bank on the basis of the average exchange rates. of the period of one hundred and eighty days, which ended on 10 April 1994, as agreed in Resolution AG-11/95 of the Assembly of Governors. This value has already been set at 139,2836 pesetas per US dollar.

2. The contributions referred to in Article 2 shall be made by means of six pages, one for each quota, which shall not bear interest.

3. The subscription notes to the four contributions corresponding to the basic contribution will be redeemed according to a combined and combined calendar that will result in ten annual and equal disbursements equivalent to US $690,100, at the rate of change referred to in paragraph 1 of this Article. Successive maturities shall be considered effective within thirty days of December 31 of each year, beginning in 1994, or at subsequent dates determined by the Bank's Executive Board.

The six promissory notes corresponding to the additional and special contributions shall be redeemed annually, in a correlative order and by the totality of their unit value. Successive maturities shall take place within 30 days of 31 December of each year, beginning in the year 1999.

4. The contributions to the Special Operations Fund shall be borne by the budget allocations which, for this purpose, will be entered in the budgets of the Ministry of Economy and Finance.

Article 5. Deposit entity.

For the purposes of the subscription and contributions that are authorized, the Banco de España shall perform the functions of the depositary provided for in Article XIV, item 4, of the Agreement establishing the Inter-American Development Bank, both of the assets and the promissory notes necessary for the disbursement of the shares and contributions, and of the securities representative thereof.

Final disposition first. Faculty of development.

The Minister of Foreign Affairs and the Minister of Economy and Finance are hereby authorized to dictate, within the scope of their respective powers, how many measures are necessary for the implementation of this Law.

Final disposition second. Entry into force.

This Law shall enter into force on the day following that of its publication in the "Official Gazette of the State".

Therefore,

I command all Spaniards, individuals and authorities to keep and keep this Law.

Madrid, 27 November 1997.

JOHN CARLOS R.

The President of the Government,

JOSÉ MARÍA AZNAR LÓPEZ

APPENDIX I

Resolution AG-10/95

$40 billion increase in authorized capital and corresponding subscription fees

Considering:

That the Committee of the Assembly of Governors has studied the possibility of increasing the resources of the Inter-American Development Bank (the "Bank"), through increases in authorized capital and the resources of the Fund to Special Operations and through additional contributions to the Intermediate Financing Facility, and has submitted a report and recommendations pertinent to the Board of Governors;

That the Board of Governors has concluded that it would be appropriate to take the measures to increase the Bank's authorized capital;

Article II, Section 2 (e) of the Bank's Constitutive Convention provides for increases in the Bank's capital; and

That regional developing member countries, considered as a group, and the United States, under section 7 (b) of the General Standards for the admission of extra-regional countries as members of the Bank have waived, in a limited way, their respective rights to a minimum subscription of shares as set out in Article VIII, Section 4 (b) of the Bank's Constitutive Convention;

The Board of Governors

Resolves:

SECTION 1. INCREASE IN AUTHORISED CAPITAL

a) Subject to the provisions of paragraph (b) of this section, the authorized capital of the Bank shall be increased in the sum of $40,000,001,466 of the United States of America, divided into 3,315,806 shares, each with a value nominal amount in accordance with the provisions of the Bank's Constitutive Convention.

(b) This increase shall enter into force only if, at 31 October 1994 or at the later date determined by the Executive Board, the Member States have deposited with the Bank the appropriate instrument for which they agree, subject to the legal formalities applicable in the respective countries, in order to subscribe at least 2,486,855 shares of the increase in authorized capital, in accordance with section 2 of this resolution.

SECTION 2. SUBSCRIPTIONS

(a) In accordance with Article II, Section 3 (b) of the Constitutional Convention of the Bank, each member country may subscribe to the respective number of actions listed below:

Total subscriptions

expressed

in millions

of the

United States/Total Shares/Shares

of Required Capital/Shares

of capital

in Cash/Member Country

Regional Members

Argentina/6.720/307,904/314.624/3.795.45

Bahamas/0/6,081/6,081/73.36

Barbados/0/3,763/3,763/45.36

Belize/0/3.208/3.208/38.70

Bolivia/540/24.716/25.256/304.67

Brazil/6.720/307,904/314.624/3.795.45

Canada/2.015/111.714/113.729/1.371.96

Colombia/1,853/84,651/86,504/1,043.53

Costa Rica/269/12.356/12.625/152.30

Chile/1,851/84,538/86,389/1,042.15

Ecuador/361/16.493/16.854/203.32

El Salvador/269/12.356/12.625/152.30

United States/12,738/747,906/760.644/9.175.98

Guatemala/361/16.493/16.854/203.32

Guyana/0/4,681/4,681/56.47

Haiti/269/12.356/12.625/152.30

Honduras/269/12.356/12.625/152.30

Jamaica/361/16.493/16.854/203.32

Mexico/4,316/197,929/202.245/2.439.77

Nicaragua/269/12.356/12.625/152.30

Panama/269/12.356/12.625/152.30

Paraguay/269/12.356/12.625/152.30

Peru/889/41,094/41,983/506.46

Dominican Republic/361/16.493/16.854/203.32

Suriname/0/2,566/2,566/30.95

Trinidad and Tobago/269/12.356/12.625/152.30

Uruguay/718/33.013/33.731/406.91

Venezuela/2.997/165.566/168.563/2.033.45

Total Regional Members/44,953/2.292.054/2.337.007/28.192.33

Non-Regional Members

Germany/4.105/104,675/108,780/1.312.26

Austria/355/8,958/9.313/112.35

Belgium/653/17.309/17.962/216,68

Croatia/111/2.765/2.876/34.69

Denmark/375/9.523/9.898/119.40

Slovenia/69/1,710/1,779/21.46

Spain/4,166/105,793/109,959/1.326.48

Finland/355/8,958/9,313/112.35

France/4,166/105,793/109,959/1.326.48

Israel/348/8,836/9,184/110,79

Italy/4,166/105,793/109,959/1.326.48

Japan/15.041/349.298/364,339/4.395.18

Norway/375/9.523/9.898/119.40

Netherlands/813/19.993/20.806/250.99

Portugal/126/3.066/3.195/38.51

UK/809/31.963/31,872/384.49

Sweden/714/18.264/18.978/228.94

Switzerland/1.104/27.373/28.477/343.53

Total non-regional members/37.851/938.693/976.544/11,780.47

Subtotal/82,804/3.230.747/3.313.551/39.972.80

Unassigned/94/2.161/2.255/27.20

Overall/82,898/3.232.908/3.315.806/40,000.00

Converted into US dollars in the United States at the rate of US $12,063,43238 per share, in accordance with the provisions of the Bank's Constitutive Convention, which state that each capital action of the Bank will have a nominal value of US $10,000 expressed in terms of United States dollars of the Peso and effective January 1, 1959. The Bank's Legal Adviser has delivered an opinion that since the Second Amendment of the International Monetary Fund's Constitutive Convention was in force on 1 April 1978, it eliminated the parity of the currencies in terms of Gold, the Special Drawing Rights (SDR) have replaced the United States dollar of 1959 as a unit of uniform value of the Bank's shares. The Bank's management bodies have not yet taken any decision on this matter.

Unassigned to cover the possible income, as members of the Republic of Bosnia and Herzegovina and the Federal Republic of Yugoslavia.

(b) Each subscriber member country shall notify the Bank that it has taken all necessary measures to authorize its subscription and shall provide the Bank with all the information it requests.

(c) The subscription of each member country to the additional capital payable in cash shall be made under these conditions:

(i) The subscription price per share shall be the nominal value of each share in accordance with the provisions of the Bank's Constitutive Convention.

(ii) The subscriptions of the Member States to the capital payable in cash shall be made in six equal shares which shall be effective on 31 December of each year from 1994 to 1999 inclusive, or in the subsequent dates determined by the Executive Board, and each fee shall be paid within thirty days of their respective date of effectiveness as set forth in this paragraph.

iii) The subscription of each member country to the capital payable in cash shall be paid in full in the currency of the respective country, which shall make satisfactory arrangements for the Bank to ensure that its respective currency with which it has made those payments to the Bank will be freely convertible into the currencies of other countries for the purposes of the Bank's operations, or will agree to convert on behalf of the Bank its respective currency with which it has made those payments in other currencies. countries, for the purposes of the Bank's operations. The total of subscriptions to the capital payable in cash shall be subject to the provisions of Article V (1) (b) (i) of the Constitutional Convention of the Bank.

(iv) The Bank may receive non-negotiable notes or similar securities, which do not bear interest in the manner provided for in Section 4 of Article V of the Bank's Constitutive Convention, to replace the immediate payment of the total or any part of the subscription of shares in the capital payable in cash by a member country. Each of these promissory notes or securities shall be redeemed in five equal payments per year during the period from 1994 to 2003.

(d) The subscription of each member country to additional eligible capital shall be made under these conditions:

(i) The subscription price per share shall be the nominal value of each share in accordance with the provisions of the Bank's Constitutive Convention.

(ii) The subscriptions of the Member States to the capital required shall be made in six equal shares which shall be effective, respectively, on 31 December of each year from 1994 and up to and including 1999, or on dates subsequent to be determined by the Executive Board.

SECTION 3. VOTING POWER

The provisions of Section 7 (b) of the General Standards for the admission of extra-regional countries as members of the Bank shall apply to the increase in capital provided for in this resolution, with the same strength and effect as shall be established in this resolution.

(Approved on April 20, 1995).

APPENDIX II

Resolution AG-11/95

Increased Fund resources for Special Operations and corresponding contribution fees

Considering: That the Committee of the Assembly of Governors has studied the possibility of increasing the resources of the Inter-American Development Bank (the "Bank") through increases in authorized capital and the resources of the Fund for Special Operations and through additional contributions to the Intermediate Financing Facility, and has submitted a report and recommendations pertinent to the Board of Governors;

That the Board of Governors has concluded that it would be appropriate to take the steps to increase the Fund's resources for Special Operations; and

Article IV, Section 3 (g) of the Constitutional Convention of the Bank provides for increases in the Fund's resources for Special Operations through additional contributions from member countries;

The Board of Governors

Resolves:

SECTION 1. INCREASE IN FUND RESOURCES

According to the provisions of this resolution, the resources of the Special Operations Fund will be increased by additional contributions from the member countries in the form of basic contributions, contributions supplementary and special contributions (referred to in an individual or collective form as a "contribution" or "contributions"), the amounts of which shall not be less than those indicated for each Member State in Tables I and II annexed thereto resolution, in terms of the applicable duty units.

SECTION 2. CONTRIBUTION INSTRUMENT

(a) To make a contribution in accordance with this resolution, the Member State shall deposit a contribution instrument in the Bank which formally confirms its intention to contribute and specifies the unit of obligation and the amount of their contribution in that unit, as set out in Table I annexed to this resolution.

(b) Subject to the provisions of subparagraph (c) below, the instrument of contribution shall constitute an unconditional commitment of the Member State to the Bank to pay the contribution in the form and conditions set out in or foreseen in this resolution. For the purposes of this resolution, an unconditional contribution.

(c) As an exceptional case, where a Member State cannot assume the commitment of an unconditional contribution due to its legislative rules, the Bank may accept from that Member State a contribution instrument containing the reservation that the payment of all contribution fees is subject to subsequent budgetary allocations. This instrument, however, must include the commitment to manage during the period of the increase the necessary allocations, within the meaning of Section 5 (b) of this resolution, and to notify the Bank as soon as it is obtained. allocation. For the purposes of this resolution, a contribution covered by such an instrument shall be called conditional contribution and shall be deemed unconditional to the extent that such allocations are obtained.

SECTION 3. ENTRY INTO FORCE

(a) None of the contributions shall be payable unless, at 31 October 1994, or at a later date to be determined by the Executive Board, the Member States have deposited in the Bank the contribution instruments which represent unconditional and conditional contributions for a total amount not less than the equivalent of US $648 million from the increase of the Fund for Special Operations.

(b) The instruments of contribution deposited at the latest on the date of entry into force of the increase shall take effect on that date, and those deposited after it on the respective dates of their deposit.

SECTION 4. CONTRIBUTIONS

(a) Each Member State shall make its contributions in one of the freely convertible currencies designated by the Bank for the purposes of this resolution.

(b) Basic contributions shall be made in four equal instalments which shall be effective, respectively, on 31 December of each year, from 1994 until 1997 inclusive or on subsequent dates as determined by the Board of Directors. Executive. The additional contributions and the special contributions shall be made in six equal instalments which shall be effective, respectively, on 31 December of each year, starting in 1994 and up to and including 1999, or on subsequent dates determined by the Board of Directors. Executive. Each share of the unconditional contributions shall be paid within thirty days of their respective date of effectiveness, as set out in this paragraph. Payments corresponding to conditional contributions shall be made within 30 days of the removal of their cross-compliance and to the extent of such elimination, in the respective annual payment dates set out in this subparagraph.

(c) The Bank may receive non-negotiable notes or similar securities, which do not accrue interest, in the form provided for in Section 4 of Article V of the Bank's Constitutive Convention, replacing the immediate payment of the total or any part of the contribution of a Member State to each quota. Such promissory notes or securities shall be redeemed by the Bank in accordance with the schedule of payments of contributions to the Special Operations Fund listed in paragraphs 4.11 and 4.12 of document AB-1704.

(d) The payments of each member country shall be equivalent to the amount indicated for each, in terms of the unit of duty applicable, in Table I of this resolution.

(e) The currencies of the Member States held by the Bank and corresponding to these additional contributions shall not be subject to the provisions on maintenance of the value of Section 3 of Article V of the Convention. Constitutive of the Bank.

(f) By way of derogation from Section 4, no Member State shall be obliged to make a payment corresponding to its basic contribution, unless it has become available to meet loan commitments, as set out in Section 5 of this resolution.

(g) For the period from the sixth year after the effective date of the replenishment agreement and 31 December 2004, the Bank shall, by means of periodic transfers of net income from the Common Equity, compatible with a prudent financial administration, any inadequacy in the unallocated special contributions to be made during the period, which is not covered by contributions from the Member States, in accordance with the agreements mentioned in the footnotes of the table in paragraph 4.11 of Chapter IV of the document AB-1704.

SECTION 5. CONDITIONS FOR THE COMMITMENT OF LOANS

(a) For the purposes of the Bank's loan commitments, each unconditional contribution shall be divided into four equal tranches and, subject to the provisions of Section 4 (b) and Section 6 of this resolution, shall be available for loan commitments in this way:

(i) The first tranche from 31 December 1994 or the date after the relevant contribution instrument enters into force;

(ii) The second tranche as from 31 December 1995;

(iii) The third tranche as from 31 December 1996; and

iv) The fourth instalment as from 31 December 1997.

(b) Unless the due date has become unconditional, each conditional contribution shall be made available for loan commitments at the time and measure that has become unconditional, which shall be the case at all. of a quarter of the total amount in each of the four years covered by the increase, on the dates set out in Section 4 (b) of this resolution.

SECTION 6. LIMITATION OF COMMITMENTS

If there were conditional contributions to the basic contribution which would not have become unconditional in the proportion, measure and date stipulated in Section 5 (b), in respect of their second, third and fourth shares, the Bank immediately notify all member countries, and those who have made unconditional contributions or those whose conditional contributions have become unconditional in the proportion, measure and date stipulated in Section 5 (b), after consulting the Board of Executive Directors, they may notify the Bank in writing, basic contributions to the respective quota. The maximum amount of reduction of such commitments shall be proportional to the extent to which the respective share of the conditional contribution has not become unconditional.

SECTION 7. MEETING OF THE MEMBER COUNTRIES

If, in the course of the increase in the Fund's resources for Special Operations, there were delays or adjustments in the payment of the contributions or in their availability for the commitment of loan disbursements that prevent the substantial achievement of the purpose of the increase, the Bank will convene a meeting of the representatives of the member countries to examine the situation and consider measures to obtain the necessary contributions.

TABLE I

Fund increase contributions for special operations

Drive

of

obligation/Monto on

units of

obligation/Equivalence

in US dollars/Equivalence

in DEG/Equivalence

in ECU/Member Country

Regional Members

Argentina/13.390.720/9.638.640/11.857.483

Bahamas/304.335/219.060/269.489

Barbados/41.286/29.718/36.559

Belize/212.326/152,832/188.015

Bolivia/1.092.301/786.238/967.233

Brazil/13.390.720/9.638.640/11.857.483

Colombia/3.762.896/2.708.533/3.332.044

Costa Rica/539,073/388.025/477,349

Chile/3.762.896/2.708.533/3.332.044

Ecuador/732,526/527.272/648,652

El Salvador/539.073/388.025/477,349

Guatemala/732,526/527.272/648,652

Guyana/234,739/168,965/207,861

Haiti/539.019/388.025/477,349

Honduras/539.019/388.025/477,349

Jamaica/732,526/527.272/648,652

Mexico/9.374.212/6.747.558/8.300.865

Nicaragua/539.019/388.025/477,349

Panama/539.019/388.025/477,349

Paraguay/539.019/388.025/477,349

Peru/1.853.139/1.333.889/1.640.955

Dominican Republic/732,526/527.272/648,652

Suriname/179.298/129.059/158,768

Trinidad and Tobago/539.019/388.025/477,349

Uruguay/1.466.232/1.055.394/1.298.348

Venezuela/9.374.212/6.747.558/8.300.865

Unassigned/40,000,000/28,792,000/35,420,000

Subtotal regional countries/105,682,000/76.069,904/93.581,411

Regional Members

not borrowers

Canada/20.069,000/14.445.666/17.771,100

United States/82,304,000/59.242,419/72.880.192

Total Regional Members/208.055,000/149.757.989/184.232.709

Extracer Members

Germany/54,971,737/39.568,656/48.677.473

Austria/4,710.166/3.390.377/4.170.852

Belgium/8,710.127/6.269.549/7.712.817

Croatia/1.478.881/1.064.499/1.309.549

Denmark/4,995,795/3.595.973/4.423.776

Slovenia/946.307/681.152/837,955

Spain/54.467.910/39.206.002/48.231.334

Finland/4,710.166/3.390.377/4.170.852

France/53.967,910/38.846.102/47.788.584

Israel/4.648.431/3.345.941/4.116.186

Italy/55.967,910/40.285.702/49.559,584

Japan/395.926.570/284.987.945/350.592.978

Norway/4,995,795/3.595.973/4,423,776

Netherlands/10.925.790/7.864.384/9.674,787

Portugal/1.633.817/1.176.021/1.446.745

United Kingdom/7.401,000/5.327.240/6.553,585

Sweden/9.612.116/6.918.801/8.511.529

Switzerland/14,740,588/10.610.275/13.052.791

Pending/1.138.720/819.651/1.008.337

Unassigned additional/96,000,000/69,100,800/85,008,000

Total extraregional members/791.949.736/570.045.420/701.271.491

Overall/1,000,004,736/719.803.409/885.504.194

The amount in units of obligation is determined on the basis of the average exchange rate of the United States dollar, of the SDR or of the ECU corresponding to the period of one hundred and eighty-day runs ending on April 10, 1994, using the IMF representative exchange rates and the SDR value of the currencies published by the Monetary Fund or the value in ECU of the currencies published by the Walf Street Journal.

Rounded to the nearest drive.

Paid on the same date and in proportions equal to the unallocated special contributions of non-borrowing countries (96 million US dollars), within six years of the effectiveness of the replenishment contributions from regional countries. Any remaining balance in the unallocated portion of the special contributions six years after the effective date of the replenishment shall be covered by transfer of the net income of the ordinary capital.

Amount to be contributed by the extra-regional member countries to subscribe to the Bank's 2,255 non-allocated shares in the case of the Republic of Bosnia and Herzegovina and the Republic of Yugoslavia do not enter the Bank. If they enter, this amount will not be contributed to the Eighth Replenishment of the FOE, but the Republic of Bosnia and Herzegovina and the Federal Republic of Yugoslavia will have to make a basic contribution of 282,000 US dollars to the Eighth Replenishment of FOE.

Additional special contributions without allocating payments within six years of the effectiveness of the replenishment by contributions from the extra-regional countries. Any remaining balance in the unallocated portion of the special contributions six years after the effective date of the replacement shall be covered by transfers of net income from the ordinary capital.

NOTE: Member countries that have not specified their obligation unit as indicated in the table will do so at the latest when delivering their contribution instrument.

TABLE II

Basic, supplementary and special contributions to FOE (at US$ millions)

Total

contributions

to FOE/Member Country/Basic/Supplemental/Special

Regional Borrowers

Argentina/11.352,000/2.038.720/13.390.720

Bahamas/258,000/46.335/304.335

Barbados/35,000/6.286/41.286

Belize/180,000/32.326/212.326

Bolivia/926,000/166.301/1.092.301

Brazil/11.352,000/2.038.720/13.390.720

Colombia/3.190,000/572.896/3.762.896

Costa Rica/457,000/82,073/539,073

Chile/3.190,000/572.896/3.762.896

Ecuador/621,000/111,526/732,526

El Salvador/457,000/82,073/539,073

Guatemala/621,000/111,526/732,526

Guyana/199,000/35.739/234,739

Haiti/457,000/82,073/539,073

Honduras/457,000/82,073/539,073

Jamaica/621,000/111,526/732,526

Mexico/7.947,000/1.427.212/9.374.212

Nicaragua/457,000/82,073/539,073

Panama/457,000/82,073/539,073

Paraguay/457,000/82,073/539,073

Peru/1.571,000/282.139/1.853.139

Dominican Republic/621,000/111,526/732,526

Suriname/152,000/27.298/179.298

Trinidad and Tobago/457,000/82,073/539,073

Uruguay/1.243,000/223.232/1.466.232

Venezuela/7.947,000/1.427.212/9.374.212

Unassigned/-/40,000,000/40,000,000

Subtotal regional borrowers/55,682,000/50,000,000/105,682,000

Non-Borrowers Regional

Canada/11.069,000/9,000,000/20,069,000

United States/82,304,000//82,304,000

Regional Total/149,055,000/59,000,000/208,055,000

Extraregional

Germany/7.067,000/45.404.737/2.500,000/54,971,737

Austria/566,000/3.944.166/200,000/4,710,166

Belgium/1.343,000/6.967.127/400,000/8,710.127

Croatia/161,000/1.217.881/100,000/1.478,881

Denmark/604,000/4.197.795/200,000/4,995,795

Slovenia/93,000/753.307/100,000/946.307

Spain/6.901,000/46.566,910/1,000,000/54,467,910

Finland/566,000/3.944.166/200,000/4,710,166

France/6.901,000/46.566,910/500,000/53,967,910

Israel/599,000/3.889.431/200,000/4.648.431

Italy/6.901,000/46.566,910/2.500,000/55.967,910

Japan/7.698,000/196.228.570/192.000,000/395.926.570

Norway/604,000/4,191,795/200,000/4,995,795

Netherlands/1,050,000/9.475.790/400,000/10.925.790

Portugal/182,000/1,351,817/100,000/1,633.817

United Kingdom/6,901,000/-/500,000/7,401,000

Sweden/1,175,000/8.037.116/400,000/9.612.116

Switzerland/1.541,000/12.699.588/500,000/14,740,588

Pending/-/1.138.720/-/1.138.720

Unassigned, additional/-/-/96,000,000/96,000,000

Extra-regional total/50,813,000/443.136,736/298,000,000/791.949.736

Total/199.868,000/443.136,736/357,000,000/1,000,004,736

Paid on the same date and in proportions equal to the unallocated special contributions of non-borrowing countries (USD 96 million) within six years of the effectiveness of the replenishment by contributions of the regional countries. Any remaining balance in the allocated portion of the special contributions six years after the effective date of the replacement shall be covered by transfers of net income from the ordinary capital.

Amount to be contributed by the extra-regional member countries to subscribe to the Bank's 2,255 non-allocated shares in the case of the Republic of Bosnia and Herzegovina and the Republic of Yugoslavia do not enter the Bank. In the event that they enter, this amount will not be contributed to the Eighth Replenishment of the FOE, but the Republic of Bosnia and Herzegovina and the Federal Republic of Yugoslavia will have to make a basic contribution of US$ 282,000 to the Eighth replenishment of the FOE.

Additional special contributions without allocating payments within six years of the effectiveness of the replenishment by contributions from the extra-regional countries. Any remaining balance in the unallocated portion of the special contributions six years after the effective date of the replenishment shall be covered by transfer of the net income of the ordinary capital.

(Approved June 6, 1995)