{"id":8064,"date":"2025-04-10T10:06:29","date_gmt":"2025-04-10T07:06:29","guid":{"rendered":"https:\/\/lexcovery.com\/2025\/04\/on-authorizing-the-minister-of-finance-to-sign-the-subscription-instrument-for-cash-payment-of-additional-shares-of-the-international-finance-corporation\/"},"modified":"2025-04-10T10:06:29","modified_gmt":"2025-04-10T07:06:29","slug":"on-authorizing-the-minister-of-finance-to-sign-the-subscription-instrument-for-cash-payment-of-additional-shares-of-the-international-finance-corporation","status":"publish","type":"post","link":"https:\/\/lexcovery.com\/en\/2025\/04\/on-authorizing-the-minister-of-finance-to-sign-the-subscription-instrument-for-cash-payment-of-additional-shares-of-the-international-finance-corporation\/","title":{"rendered":"On Authorizing the Minister of Finance to Sign the Subscription Instrument for Cash Payment of Additional Shares of the International Finance Corporation"},"content":{"rendered":"<p>(as it relates to Ukraine&#8217;s international financial obligations)<\/p>\n<p>1. Essence of the Act:<br \/>\nThe Order authorizes the Minister of Finance of Ukraine, Serhii Marchenko, to sign documents regarding Ukraine&#8217;s purchase of additional shares of the International Finance Corporation (IFC). This is carried out in accordance with two IFC Board of Governors resolutions from 2020 on increasing the authorized capital.<\/p>\n<p>2. Structure:<br \/>\nThe document has a simple order format consisting of a single point in the operative part. It is based on two IFC resolutions: No. 271 &#8220;Selective Capital Increase 2018&#8221; and No. 272 &#8220;General Capital Increase 2018&#8221;.<\/p>\n<p>3. Key Provisions:<br \/>\n&#8211; Granting specific powers to the Minister of Finance to sign the Subscription Instrument<br \/>\n&#8211; Determining the method of share payment &#8211; in monetary funds<br \/>\n&#8211; Implementing Ukraine&#8217;s international obligations as an IFC member regarding participation in the organization&#8217;s capital increase<br \/>\n&#8211; The document is part of the procedure for increasing Ukraine&#8217;s participation in IFC capital, which may expand opportunities for obtaining financing from this organization<\/p>\n<p><a href=\"https:\/\/zakon.rada.gov.ua\/go\/299-2025-%D1%80\"><strong>Full text by link<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(as it relates to Ukraine&#8217;s international financial obligations) 1. Essence of the Act: The Order authorizes the Minister of Finance of Ukraine, Serhii Marchenko, to sign documents regarding Ukraine&#8217;s purchase of additional shares of the International Finance Corporation (IFC). This is carried out in accordance with two IFC Board of Governors resolutions from 2020 on&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"pmpro_default_level":"","footnotes":""},"categories":[15,45],"tags":[],"class_list":["post-8064","post","type-post","status-publish","format-standard","hentry","category-ukrainian-legislation-general-en","category-ukrainian-legislation-important","pmpro-has-access"],"acf":{"patreon-level":0},"_links":{"self":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts\/8064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/comments?post=8064"}],"version-history":[{"count":0,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts\/8064\/revisions"}],"wp:attachment":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/media?parent=8064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/categories?post=8064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/tags?post=8064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}