Minutes of a Meeting of the Executive Directors of the IBRD and IDA held on September 15, 2026

Overview & Synopsis

On September 15, 2026, the Executive Directors of the International Bank for Reconstruction and Development and the International Development Association met to consider proposed reforms to the Bank-Fund Debt Sustainability Framework for Low Income Countries, as outlined in a President’s Memorandum and accompanying review document. The Board discussed the analytical, policy, and operational implications of the reforms intended to strengthen debt sustainability assessments, enhance debt management practices, and improve coordination between the World Bank Group and the International Monetary Fund. Following deliberation, the Executive Directors approved the recommendation set out in paragraph 4 of the President’s Memorandum, endorsing the terms and conditions for advancing the proposed reforms. The meeting included participation from the Corporate Secretariat, Legal, and operational leadership, and adjourned at 3:51 p.m.