Sweden holds 0.94 percent of the votes on the World Bank Board.
IBRD Participation (as of June 2005) | | IBRD Actual Shares | 0.95% | | Potential Voting Power | 0.94% | | Unsubscribed Shares | 0 | | IBRD Paid-in Capital | USD 110.2 million |
As a member country in all five agencies of the World Bank Group, Sweden holds shares in each. Every shareholder is allocated a certain number of votes linked to the size of its shareholding. The votes include a specified number of membership votes (which is the same for all members) and additional votes based on the number of shares held. The number of votes of a member expressed as a percentage of the total number of votes held by all shareholders is the member’s voting power. Sweden’s shareholding in the International Bank of Reconstruction and Development (IBRD), the middle-income lending arm of the World Bank Group, is shown above. IDA Participation (as of June 2005) | | IDA 14 Share | 2.96% | | Actual voting power | 1.76% | | Cumulative share | 3.34% |
The International Development Association (IDA)Â
is the part of the World Bank that has provided interest-free loans and grants to the poorest countries since 1960. Unlike the IBRD, which raises most of its funds on the financial markets, IDA is funded largely by contributions from the governments of the richer member countries, and to a lesser extent from IBRD's income and repayments of earlier IDA credits. Since IDA resources must be periodically replenished, donors get together every three years. Each of the replenishments is known by a number. The most recent replenishment, IDA14, which concluded in 2005, will finance projects over the three-year period ending June 30, 2008. For a detailed overview of the shares and voting power of the 11 countries with which Sweden shares a position on the Executive Board, click here. For a full overview of shares and voting powers for all 184 members, click here. | History of Sweden's IDA Contributions |
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| Replenishments | Basic million USD | % of total | Supplementary million USD | | Initial | 10.09 | 1.25 | | | IDA 1 | 15.00 | 2.01 | | | IDA 2 | 29.64 | 2.49 | 49.50 | | IDA 3 | 102.00 | 4.23 | | | IDA 4 | 180.00 | 3.99 | | | IDA 5 | 293.80 | 3.84 | | | IDA 6 | 360.00 | 2.99 | | | FY84 | 80.90 | 4.10 | | | IDA 7 | 225.00 | 2.47 | | | SFA | 70.40 | 3.82 | | | IDA 8 | 301.30 | 2.57 | | | IDA 9 | 385.55 | 2.62 | | | IDA 10 | 471.02 | 2.62 | 10.23 | | ITF | 119.36 | 2.62 | | | IDA 11 | 200.96 | 2.62 | | | IDA 12 | 302.73 | 2.62 | | | IDA 13 | 332.10 | 2.62 | | | IDA 14 | 867.00 | 2.96 | 140.29 sup. + 22.69 incentive* |
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