Indonesia signs the International Bank for Reconstruction and Development (IBRD) Articles of Agreement, becoming the 56th member of the World Bank.
Indonesia signs the International Bank for Reconstruction and Development (IBRD) Articles of Agreement, becoming the 56th member of the World Bank. The World Bank had long been interested in investing in Indonesia, and discussions concerning potential projects, technical assistance, and mission visits will begin almost immediately following the signing.
U.S. Alternate Governor Waugh and Indonesian Ambassador to the U.S. Moekarto Notowidigdo during the signing of the IBRD Articles of Agreement (1723108; Credit: The World Bank).
Sept. 23, 1954
The memorandum describes a meeting between President Black and Indonesian government officials during which future engagement between the Bank and country was discussed (1786876).
1954
U.S. Alternate Governor Waugh and Indonesian Ambassador to the U.S. Moekarto Notowidigdo during the signing of the International Bank for Reconstruction and Development (IBRD) Articles of Agreement (1723108; Credit: The World Bank).
An article on page 5 introduces Soetikno Slamet as the new Executive Director for Indonesia.
The resolution extends the membership acceptance period for Indonesia until March 1954.
The resolution sets out the terms and conditions pertaining to the future membership of Indonesia with the Bank.
An article on pages 2-4, "Impressions of Indonesia" by Egbert de Vries, introduces Indonesia to IBRD staff.
An article on page 10 commemorates Indonesia's signing of the Articles of Agreement.