NationStates Jolt Archive

http://www.lowtechweb.com/idb.jpg

Gruenberg wishes to welcome the international community to the opportunities of the International Development Bank. The principal functions of the bank would be:

- to provide loans and equity investments for the economic and social advancement of member nations;
- to give technical assistance for the preparation and implementation of development projects, programmes and advisory services;
- to promote investment of public and private capital for development purposes;
- to respond to requests from member nations for assistance in the co-ordination of their development policies and plans.

The IDB would be a resource for nations wishing to undertake projects of commercial development, social regeneration, improvement of transport infrastructure, expansion of education and health programmes, or any other development programmes. In this way, multilateral aid could be collected for disaster-stricken nations. The IDB would not be a military resource; however, collective security and mutual co-operation between member nations would be expected.

Gruenberg would be willing to invest an initial sum of $750m., including $200m. towards a Disaster Relief Fund and $100m. towards a Mutual Assistance Emergency Fund. Nations wishing to draw from, contribute to, or become involved in the organization of the IDB are invited to register interest.

If your nation is undertaking development projects, wishes to help those doing so, or wishes to prepare for such an eventuality, Gruenberg would encourage you to consider becoming involved in the IDB. It will operate independently; however, co-operation with other organizations will be encouraged.

I would like to invest in this bank. We would like to invest in the General Fund which can be used for anything. We would like to donate a sum of $12 trillion. We have found that our Aid Funds have been completed in other areas and we have a majority of funds ready to be used. We would also like to invest $4 trillion into the fund for each year (1 Real-Life Day). We hope that this money will help nations in need. Thank You.

Signed,
President Harsimran Mann

We thank the Space Union for their generous contribution. They will be listed as the first major donor, and will be consulted in the future should the need arise for an executive decision on proposed projects.

We will donate 5 Trillion Dollars to your bank. We believe you are a great cause, and will continue to donate as often as we can. Thank You

Respectfully,
Grand Chancellor Justin Alexander Herbert

We thank Asgarnieu for their generosity, and will ensure their donation is duly noted by the Board.

The government of National Commonwealth wishes to donate $378 billion to the Disaster Relief Fund, as we believe disasters are the hardest for any nation. The Commonwealth Corporate Cooperative wishes to donate an additional $760 billion in private general funding.

best wishes,

-Jason Styles
Foreign Relations Commision

We will donate 5 Trillion Dollars to your bank. We believe you are a great cause, and will continue to donate as often as we can. Thank You

Respectfully,
Grand Chancellor Justin Alexander Herbert

I hope you know that you don't have even $5 trillion to give away. I suggest lowering that sum to more reasonable sum.

We thank the representative of the National Commonwealth government. We would be interested in pursuing a relationship with the NC Bank.

At this time, it is not our place to question donors' bids: as we have no current projects to undertake, there is ample time for rectification should nations feel they have overextended themselves.

Donor list updated.

From: Castellan Amber M. Fotheringown, Deputy Head of State, Adejaani
To: Whoever it may concern, Gruenberg
Re: International Development Bank

To whom it may concern.

The Regime of Adejaani, despite its stance on most issues, has always believed in helping our fellows, no matter who or what they are. From investments in their industries to help them get on their feet, to billions' worth of disaster relief, Adejaani has always given.

As such, Adejaani has a surplus of funds and has had a surplus of funds for many years. We are willing to offer long term, ongoing donations to this International Development Bank of around $100 billion US every year, as a minimum, guaranteed, with larger donations depending on the year's budget surplus.

Signed
Castellan Amber M. Fotheringown, Deputy Head of State, Adejaani

We thank the representative of the National Commonwealth government. We would be interested in pursuing a relationship with the NC Bank.

http://www.lowtechweb.com/idb.jpg



The tall, dark-haired, attractive woman came rushing through the elevator door, straight pass the secretary's desk, and right into the CEO's office.

"Calm down, young lady! What have you got to tell me that couldn't
wait for an appoinment?"

"Sir, I am from the Inter-Global Trade Division dvision of our bank, based in the Tokera. We have recieved a partnership communique from the International Development Bank.

"Well, now I understand. We definitely need to get on board with this! Get the paperwork together!"

-----------------------------
National Commonwealth Bank
1223 E`ra Street
Tok'ra caree, the Tokera

Thank you for your offer of partnership. We would like to assist the IDB as a partner institution which will handle security and processing for the bank. We will serve at any capacity you ask. Thank's again!

Amber Tracey
NCB Inter-Global Trade Representative

OOC: Hope you like the logo! haha..I was busy making others anyway..

We thank the Adejaani government for their generous offer, and assure them that their funds will be put to good use. Unless instructed otherwise, we will allocate 15% to the Disaster Relief Fund and 5% to the Mutual Assistance Emergency Fund. Adejaani will be given a position on the Board, and consulted should the need for an executive decision on funding allocation or other matters arise.

We thank you most graciously, and look forward to a bright and successful cooperation.

OOC: I love the logo - any chance I can nick it?

Great, we're happy to hear from you!

NCB

OOC: Sure, the logo is for your stuff!

BOARD OF GOVERNORS

All powers of the Bank are vested in the Board, which may delegate its powers to the Board of Directors except in the matters of:

- admission of new members to any Bank office;
- changes in the Bank's authorized capital stock;
- election of President and Directors;
- amendment of the Charter.

The Board shall consist of no more than twenty members. Any Bank member may appoint a Governor and an Assistant Governor of their own choosing. The Board shall meet once a year, and additionally emergency Board meetings shall be held.

BOARD OF DIRECTORS

The Board is responsible for general direction of operations and exercises all powers delegated by the Board of Governors, which elects it. The Board shall consist of twelve Directors, eight of whom will serve in permanent positions. The remaining four will be elected for a maximum office of two years. Non-permanent directors may stand for re-election once only.

The Board of Directors will be assisted by three committees of six persons each: the Audit Committee, the Budget Review Committee and the Inspection Committee. The Audit Committee will supervise the Bank's financial statements, the Budget Review Committee approve the administrative budget, and the Inspection Committee review and approve policy documents and assistance operations. Each committee will be headed by a Vice-President, who will be a member of the Board of Governors.

The President of the Bank will be Chair of the Board of Governors, and may not be appointed to the Board of Directors.

SECRETARIAT

At present, the Bank employs 1,560 staff. At present, most are employed in centralised administrative posts; however, the Bank is currently reviewing its organization in an attempt to expand its network of national and regional offices, including Mission Offices, Special Liaison Offices and Representative Offices.

The major components of the Bank's administration are the offices for:

- Private Sector Operations;
- Central Operations Services;
- Sustainable Development;
- Strategy and Policy;
- Cofinancing Operations;
- Economics and Research.

The Secretary oversees the organization of the administration departments, and a General Liaison Officer reports directly to the Board of Directors.

INSTITUTE

The International Development Bank is the brainchild of the Gruenberg State Institute for Research and Development. Research of long-term development issues and strategies is conducted at this think-tank, the result of a joint Court-private sector initiative. The Institute is funded by the IDB, and offers an extensive scholarship programme. The Institute is headed by a Dean, and based in Flurthwel, Gruenberg.

FINANCIAL STRUCTURE

The Bank's ordinary capital resources are held and used entirely separately from the Special Funds resources (qv). The Bank has recently authorized a General Capital Increase (GCI1). Aside from straight donations, the Bank operates a share subscription programme, and also borrows funds directly from world capital markets.

The Bank was founded with the intention of using a fixed lending rate policy; however, practice review has led to the abolition of this in favour of a new system under which lending rates are adjusted annually, thus taking into account changing conditions in international financial markets.

All new project loans are repayable within 32 years, including an eight-year grace period; additional quick-disbursing programme loans have a 24-year maturity, also including an eight-year grace period. Interest charges, primarily to cover administrative costs, are generally 1-1.5% per annum.

SPECIAL FUNDS

The Bank operates two major special funds, held and used separately from its ordinary capital resources.

The Disaster Relief Fund is in place to offer immediate technical support and capital investment, and to supervise and aid regenerative projects in nations afflicted by war, financial collapse, or natural disaster.

The Mutual Assistance Emergency Fund is designed to be utilised whenever a state of emergency is declared, and can be used to immediately finance projects in the affected area. The MAEF is a small fund designed for immediate action, and not suitable for a sustained programme of development.

OOC: The International Development Co-operative has been running for almost a couple of months, and we are currently hosting our first conference. Would you like to attend?

OOC: Ooh, bollocks, didn't know you existed. Yes, I'd love to attend your conference.

:D Never mind, the conference's here (http://forums.jolt.co.uk/showthread.php?t=433722). And you have a nice logo: I've got ideas for one, but I haven't made it yet.

well I have never seen you.

under -Weapons-tech incorp-

NEWS:

The IDB has announced plans to finance development projects in Tiastan. These will include development and extension of power grids, implementation of basic healthcare facilities, and construction of water treatment facilities. Details are yet to be fixed.

Representatives of the IDB have been invited to observe the International Development Co-operative Conference.

In a rather surprising move from the conservative foreign ministry of the Tiastani ruling party NPMT, the National Progressive Marxist party of Tiastan, Tiastani diplomats have travelled to Gruenberg to elaborate on the primary needs of the Tiastan economy.

We at Raven corps would like to inquire about the amount of funds in your bank as of now?

In a rather surprising move from the conservative foreign ministry of the Tiastani ruling party NPMT, the National Progressive Marxist party of Tiastan, Tiastani diplomats have travelled to Gruenberg to elaborate on the primary needs of the Tiastan economy.

Gruenberg's foreign office will ensure that the representatives are treated with the utmost dignity, and have laid on accommodation at the Hotel del Gruen.

We at Raven corps would like to inquire about the amount of funds in your bank as of now?

The IDB currently has over $1bn confirmed capital reserve, with additional funds at its disposal. The Disaster Relief Fund currently stands at $200m, and the Mutual Assistance Fund at around $500m. The IDB would also be keen to learn the nature of Raven corps' interest in our current financial situation.

Need not to worry. And If not to much trouble where are your vualts at. and what is thier security levels?

What do you mean?

If you'd bothered to read the thread, you'd know the IDB is a developmental aid organization, whose capital is derived from on loans and share agreements between nations, corporations and organizations. We don't have 'vaults' - if we did, why should we release details concerning their security level?

Due to delays in Adejaani's latest military development and procurement programs, the stockpile of funds that had been set aside have been released for donation into the International Development Bank (and a new stockpile for development and procurement has been created).

A total of $2.67 trillion US dollars has been sent (which includes the baseline guaranteed $100 billion US) to the IDB.

We thank the nation for Adejaani for their generosity. May we then confirm a debit of:
$2.77 trillion dollars
$100 billion dollars every subsequent year
as per the terms of the initial agreement?

So you have all this money just under a matress somewhere.

Cuase thats alot of money

Yes and yes, Gruenberg. The 100 billion was guaranteed, the two trillion was the excess. Generally, most of the excess revenue generated by the Government will be poured in.

Well thats alot of money. Hope noting happens to it...... hint hint

OOC, but also partial IC: Although Adejaani is essentially only a financier of IDB and has no particular care for where the money goes, any attempt to abuse the IDB system shall meet with the Adejaani Regime Military's wrath.

We are not going to abuse anything we are going to take it. The money will be just fine there wont be a wrinkle and a bill. and we will keep damages to a mimimun.

OOC: Raven corps, go away, and take your grotesque sig with you.

IC: The International Development Bank Disaster Relief Agency, a non-governmental humanitarian aid organization funded in part by the International Development Bank's Disaster Relief Fund, has applied to be included in the list of IRCO-recognised aid agencies.

Although not a financially strong nation, Tiastan is experiencing an upsurge in the economy, and considers contributing to developing nations itself.