Presentation is loading. Please wait.

Presentation is loading. Please wait.

World Bank Group Working for a world free of poverty.

Similar presentations


Presentation on theme: "World Bank Group Working for a world free of poverty."— Presentation transcript:

1 World Bank Group Working for a world free of poverty

2 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.

3 6/9/20163 World Bank Early Borrowers n France first to borrow $250 million to finance post-war reconstruction in 1947. n Many current donor nations such as Austria, Australia, Denmark, Italy, Korea, and Greece were borrowers.

4 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.

5 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.

6 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

7 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

8 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.

9 6/9/20169 World Bank Program in Vietnam n WB operations are guided by the Country Partnership Strategy (2007-2011) n Supporting four pillars of the 2006-2010 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 2011-2015 SEDP.

10 6/9/201610 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.

11 6/9/201611 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 www.worldbank.org/vn - Projects and Program tab.www.worldbank.org/vn

12 6/9/201612 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

13 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

14 The World Bank in Vietnam www.worldbank.org/vn Email: nnguyen5@worldbank.org


Download ppt "World Bank Group Working for a world free of poverty."

Similar presentations


Ads by Google