World Bank Group Working for a world free of poverty

6/9/20162 The World Bank n International Bank for Reconstruction and Development established July 1944, Bretton Woods. n Mission? To rebuild Europe and Japan after World War II.

6/9/20163 World Bank Early Borrowers n France first to borrow $250 million to finance post-war reconstruction in n Many current donor nations such as Austria, Australia, Denmark, Italy, Korea, and Greece were borrowers.

6/9/20164 What Does the World Bank Do Today? n In fiscal 2009, the World Bank Group sponsored 767 projects with a total commitment of $58.8 billion, distributed in credits, loans, grants, and guarantees. u IBRD committed $32.9 billion for 126 new operations. u IDA committed a record $14 billion for 176 new operations in 63 low-income countries, a 25 % increase over last year.

6/9/20165 Where does the money come from? n IBRD raises funds on capital markets (rate lower than commercial banks). n Donors give money to IDA for the world’s poorest countries, with additional money coming from IBRD profits and repayments.

AFFILIATES OF THE WORLD BANK GROUP The International Bank for Reconstruction and Development Established 1944 | 186 Members Cumulative lending: $479 billion (effective fiscal 2005, includes guarantees) Fiscal 2009 lending: $32.9 billion for 126 new operations in 42 countries The International Development Association Established 1960 | 169 Members Cumulative commitments: $207 billion (effective fiscal 2005, includes guarantees) Fiscal 2009 commitments: $14 billion for 176 new operations in 63 countries The International Finance Corporation Established 1956 | 182 Members Committed portfolio: $34.4 billion (plus $8 billion in syndicated loans) Fiscal 2009 commitments: $10.5 billion committed and $4 billion mobilized for 447 projects in 103 countries The Multilateral Investment Guarantee Agency Established 1988 | 174 Members Cumulative guarantees issued: $20.9 billion (includes amounts leveraged through the Cooperative Underwriting Program) Fiscal 2009 guarantees issued: $1.4 billion The International Centre for Settlement of Investment Disputes Established 1966 | 143 Members Total cases registered: 292 Fiscal 2009 cases registered: 24 6

6/9/20167 How the World Bank Operates n 185 Member Countries appoint their Governors n Governors delegate specific duties to 24 Executive Directors n President of the World Bank reports to the Board of Executive Directors Office of the President Executive Directors Board of Governors

6/9/20168 World Bank Staff n Total Bank staff numbers about 10,000. 7,000 at HQ and 3,000 in the field. n 170 nationalities n Developing country nationals represent 55% of total staff.

6/9/20169 World Bank Program in Vietnam n WB operations are guided by the Country Partnership Strategy ( ) n Supporting four pillars of the Social - Economic Development Program u Business development u Keeping development inclusive u Better managing natural resources u Building modern governance n New WB Partnership Strategy will be adopted next year, alighning with Vietnam’s SEDP.

6/9/ World Bank Commitment to Vietnam n Since resumption to VN in 1994, WB has invested 90 IDA credits with total commitments of over US$10 billion. Of which, US$ 6.9 billion has been disbursed.

6/9/ Increasing Lending Program n FY10 (July 09 - June 10) : 16 Projects with total lending amounts of US$ 2.4 billion. n FY11: 18 Projects with total lending amounts of over US$ 2.8 billion n For details of active and pipineline projects, visit - Projects and Program tab.

6/9/ Advisory and Analytical Works n Researches, Publications, Policy Advices, etc. Researches, Publications, Policy Advices, etc. u Sector Analyses u Vietnam Development Reports Vietnam Development Reports n Technical Assistance u Energy, Social Security, Environment, Tax, Public Finance, etc. n Public knowledge sharing Public knowledge sharing u Public Information Corner

Results on the ground n Electricity now reaches 95% of the population Electricity now reaches 95% of the population n About 80% of urban households have sanitation n Over 90% of the population is now connected by all- weather roads Over 90% of the population is now connected by all- weather roads n 95% of motorcycle riders now wear a helmet n Children in disadvantaged districts increased education enrollment to 94% (compared to 97% nationally) n Women rights to land titles increased Women rights to land titles increased n Results Profile Website Results Profile Website n What ODA money have been able to achieve What ODA money have been able to achieve 6/9/201613

The World Bank in Vietnam