World Library  

Add to Book Shelf
Flag as Inappropriate
Email this Book

The World Bank Group 2005 Trust Funds Annual Report

By The World Bank

Click here to view

Book Id: WPLBN0000189440
Format Type: PDF eBook
File Size: 0.4 MB
Reproduction Date: 2005
Full Text

Title: The World Bank Group 2005 Trust Funds Annual Report  
Author: The World Bank
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


APA MLA Chicago

Bank, T. W. (n.d.). The World Bank Group 2005 Trust Funds Annual Report. Retrieved from


In recent years the World Bank has taken on greatly expanded responsibilities as a manager of development finance, well beyond the resources provided through IBRD loans and IDA credits and grants. Donor partners have asked the Bank to manage their funds for a variety of purposes, in support of both country-level and global development initiatives. What began as a modest extension of the Bank?s lending role has evolved into a major responsibility of the Bank to its development partners, encompassing policy, fiduciary and implementation elements, under the general rubric of trust funds. Total funds held in trust by the Bank continued to grow during fiscal year 2005, with new contributions of $4.75 billion and disbursements of $4.13 billion. This growth reflected donors? continuing desire for the Bank to bring its management, technical and administrative expertise to bear on both global initiatives and country-specific challenges. Examples of the former from the past year include two new carbon funds and new global programs, including for Output-based Aid and for Disability and Development. New country-based funds included cofinancing for poverty reduction strategies in Vietnam, the Post- Tsunami Fund for Aceh and North Sumatra, and the Sudan Post-Conflict Multi-Donor Trust Funds. Looking forward, we expect to see continuing growth in the scale and diversity of such funds, as they support broader harmonization and alignment efforts. There have also been important new financing proposals, such as for donor-backed market instruments, and levies or taxes for development, in which the Bank is playing a role. The Bank?s role as partner and fiduciary therefore is likely to evolve in significant ways beyond the trust fund experience to date. We will continue to refine our administrative policies and procedures to ensure such funds contribute to the Bank Group?s overall mission and do so effectively and efficiently. This report is the second annual account of the breadth and diversity of these financing partnerships that help in addressing critical development issues.


Click To View

Additional Books

  • Education (by )
  • Walden & on the Duty of Civil Disobedien... (by )
  • Thinking about Logistics : Readings in t... (by )
  • The Reservist Magazine : January 1991 (by )
  • Soldiers Magazine : Volume 62, Issue 11 ... (by )
  • Fbi Law Enforcement Bulletin : February ... (by )
  • Dateline : Los Alamos; March 1997 Volume March 1997 (by )
  • Air Land Sea Bulletin : January 2008 Volume Issue 1 (by )
  • Plastic Man: Issue 12 Volume Issue 12 (by )
  • Search for Love: Issue 2 Volume Issue 2 (by )
  • The Hawaiian Language and Complete Gramm... (by )
  • The World's Writing Systems : Korean Wri... (by )
Scroll Left
Scroll Right


Copyright © World Library Foundation. All rights reserved. eBooks from World Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.