Presentation on theme: "The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation."— Presentation transcript:
1 The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID) make up the institutions of the World Bank Group. The World Bank Group Strategy—adopted in October 2013—focuses on the delivery of transformational solutions, marshals the combined resources of the World Bank Group more effectively, and accelerates collaboration with the private sector and other development partners. In fiscal 2014, the World Bank, IFC, and MIGA collectively provided $65.6 billion in loans, grants, equity investments, and guarantees to partner countries and private businesses—including to multiregional and global projects.World Bank Lending │ Fiscal 2014
2 The World Bank is comprised of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), and it is committed to the goals of ending extreme poverty and boosting shared prosperity and to achieving both goals in a sustainable manner. The World Bank provides financing, knowledge, and convening services that help client countries address their most important development challenges. This year, the World Bank has undergone a historic institutional change. The implementation of this change improves the World Bank’s ability to tailor solutions to specific development challenges in such areas as institutions and governance; human development and gender; sustainable development; and finance, trade, and private sector development. Solutions-oriented, focused on clients, accountable for quality results, dedicated to financial integrity and cost-effectiveness, inspired and innovative, the World Bank is committed to improving the lives of roughly a billion people now living in extreme poverty.World Bank Lending │ Fiscal 2014
3 $18.6 billion for 95 approved operations in 41 countries The International Bank for Reconstruction and Development (IBRD)Established 1944 │ 188 member countriesFiscal 2014 commitments$18.6 billion for 95 approved operations in 41 countriesCumulative lending (since 1945)$605.5 billionThe International Development Association (IDA)Established 1960 │ 173 member countriesFiscal 2014 commitments$22.2 billion for 249 approved operations in 74 countriesCumulative lending (since 1960)$290.9 billionNote: Regional operations have been excluded from the country count, and joint IBRD-IDA operations are counted only once, as IBRD operations.World Bank Lending │ Fiscal 2014
4 IBRD and IDA Board of Executive Directors and Alternates as of June 30, 2014President of the World Bank Group and Chairman of the Board of Executive DirectorsDr. Jim Yong KimExecutive DirectorsAlternatesGino AlzettaGulsum YazganarikanSundaran AnnamalaiBoonchai CharassangsomboonOmar BougaraNasir Mahmood KhosaJuan Jose Bravo(vacant)Shixin ChenBin HanPiero CipolloneNuno Mota PintoHervé de VillerochéArnaud DelaunayCesar Guido ForcieriRicardo RaineriJorg FriedenWieslaw SzczukaVadim GrishinEugene MiagkovMerza H. HasanKarim WissaFrank HeemskerkRoman ZhukovskyiGwen HinesClare RobertsDenny H. KalyalyaLouis Rene Peter LaroseAgapito Mendes DiasMohamed Sikieh KayadMansur MuhtarAna LourencoMukesh PrasadMohammad TarequeSatu-Leena SantalaGiedre BalcytyteAlister SmithJanet HarrisHideaki SuzukiDaiho FujiiRoberto TanRogerio StudartMichael WillcockBok-Hwan YuIbrahim AlturkiSara Margalit AvielWilhelm RissmannWorld Bank Lending │ Fiscal 2014
5 Fiscal Year Highlights In fiscal 2014, the World Bank (IBRD/IDA) committed $40.8 billion to partner countries, distributed in credits, loans, grants, and guarantees.
6 Fiscal Year Highlights In fiscal 2014, IBRD committed $18.6 billion for 95 new operations in 41 countries.IDA committed $22.2 billion for 249 new operations in 74 countries.
7 Fiscal Year Highlights IBRD’s $18.6 billion lending volume was higher than the precrisis historical average ($13.5 billion a year in fiscal ) as well as the $15.2 billion committed in fiscal 2013.
8 Fiscal Year Highlights IDA commitments amounted to $22.2 billion in fiscal 2014, including $18.5 billion in credits, $2.8 billion in grants, and $937 million in guarantees.The largest share of resources was committed to Africa ($10.2 billion), followed by South Asia ($8.5 billion).
9 NoteAs a result of rounding, numbers in the following figures may not add to totals, and percentages in figures may not add to 100.All dollar amounts reported are current U.S. dollars.
10 IBRD and IDA Lending by Region │ Fiscal 2014 World Bank Lending │ Fiscal 2014
11 IBRD and IDA Lending by Sector │ Fiscal 2014 World Bank Lending │ Fiscal 2014
12 IBRD and IDA Lending by Theme │ Fiscal 2014 World Bank Lending │ Fiscal 2014
13 IBRD Top-10 Borrowers │ Fiscal 2014 World Bank Lending │ Fiscal 2014
14 IDA Top-10 Borrowers │ Fiscal 2014 World Bank Lending │ Fiscal 2014