Terse World Bank statement. The Bank has itself released a short statement that "The World Bank's Board has received a nomination from the United States for the Presidency of the Bank". It mentions "the Executive Directors of the Board, who are charged under the Bank's Articles of Agreement with the selection of the Bank's President, are in the process of consultations with the member countries they represent".

I called a Bank spokesperson who told me that there is no official deadline or timetable. With Wolfensohn's nomination 10 years ago it took 24 hours for the board to agree. This time it may take longer, but it is up to the board to determine its schedule.

Alex Wilks ~ March 16, 2005

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