Map of World Bank Regions, Country Offices, and Borrower Eligibility About the World Bank Message from the President of the World Bank and Chairman of the Board of Executive Directors The Board of Executive Directors Remuneration of Executive Management, Executive Directors, and Staff Fiscal Year Overview 1 Addressing Poverty Worldwide 2 Regional Perspectives
Financial Statements New Operations Lending Data Income by Region Organizational Information
3 Summary of Fiscal Year Activities The World Bank Group
Note: www.worldbank.org
WORLD BANK REGIONS, COUNTRY OFFICES, AND BORROWER ELIGIBILITY
The World Bank today operates out of more than 100 offices worldwide. Increased presence in client countries is helping the Bank to better understand, work more closely with, and provide faster service to clients. Three-fourths of outstanding loans are managed by country directors located away from the Bank's Washington, DC, headquarters. Thirty-three percent of staff are now based in country offices.
Mexico Jamaica Belize Honduras Nicaragua Panama Haiti
Dominican Republic
Cape V
Guatemala El Salvador
The Gu R.B. de Venezuela Colombia Guyana Suriname
Costa Rica
Ecuador Kiribati
Samoa
Fiji
Tonga
LATIN AMERICA AND THE CARIBBEAN FY07 New Commitments IBRD | $4,353 million IDA | $200 million Portfolio of Projects | $16.8 billion
Peru Bolivia Brazil
Paraguay
Argentina Dominican Republic Antigua and Barbuda St. Kitts and Nevis Dominica St. Vincent and the Grenadines St. Lucia Chile
Uruguay
Countries eligible for IBRD funds only Countries eligible for blend of IBRD and IDA funds Countries eligible for IDA funds only Inactive IDA-eligible countries Countries not receiving Bank funds Offices of the World Bank Offices with the Country Director present Bank region boundaries
R.B. de Venezuela
Grenada Trinidad and Tobago
MIDDLE EAST AND NORTH AFRICA FY07 New Commitments IBRD | $692 million IDA | $216 million Portfolio of Projects | $6.1 billion
EUROPE AND CENTRAL ASIA FY07 New Commitments IBRD | $3,340 million IDA | $422 million Portfolio of Projects | $16.7 billion
Russian Federation
Russian Fed.
Poland
Belarus Ukraine Moldova Romania Bulgaria Mongolia Kazakhstan Uzbekistan Azerbaijan Turkmenistan Iraq Kyrgyz Rep. China
Georgia Armenia Turkey Syrian A.R. Jordan
Algeria Morocco
Tunisia
Tajikistan Afghanistan Islamic Rep. of Iran Pakistan Nepal Bhutan Bangladesh Myanmar Vietnam Lao P .D.R. Thailand Cambodia
Lebanon West Bank and Gaza Libya Arab Rep. of Egypt
Rep. of Korea
India
EAST ASIA AND PACIFIC FY07 New Commitments IBRD | $2,807 million IDA | $1,237 million Portfolio of Projects | $18.9 billion
Cape Verde
Mauritania Sudan Mali Burkina Niger Faso Nigeria Côte d'Ivoire Ghana Benin Cameroon Central African Republic Uganda Gabon Congo Dem. Rep. of Congo Angola Zambia Malawi Rwanda Kenya Eritrea
Rep. of Yemen
Philippines
Senegal The Gambia Guinea-Bissau Guinea Sierra Leone Liberia
Chad Djibouti Ethiopia Somalia
Federated States of Micronesia Sri Lanka Malaysia Maldives Palau
Marshall Islands
Togo Equatorial Guinea São Tomé and Príncipe
Kiribati Seychelles Indonesia Timor-Leste Papua New Guinea Solomon Islands
Burundi Tanzania Comoros
Vanuatu Madagascar Zimbabwe
Fiji
Poland Ukraine Slovak Republic
Namibia
Mauritius Botswana South Africa Mozambique Swaziland Lesotho
Slovenia
Croatia
Romania Serbia Bulgaria FYR Macedonia
Bosnia and Herzegovina Montenegro Albania
SOUTH ASIA FY07 New Commitments IBRD | $1,600 million IDA | $4,032 million Portfolio of Projects | $20.7 billion
AFRICA FY07 New Commitments IBRD | $38 million IDA | $5,759 million Portfolio of Projects | $21.1 billion
IBRD 32613R3 AUGUST 2007
www.worldbank.org, www.worldbank .org/reference
www.worldbank.org/inspectionpanel
THE INDEPENDENT EVALUATION GROUP
www.worldbank.org/ieg
E. Whitney Debevoisea, e Makoto Hosomib, c (VC) Eckhard Deutscher Alex Gibbsb Pierre Duquesnea (C) Masato Kanda Ruediger Von Kleist Caroline Sergeant Alexis Kohlerh
Gino Alzettad (VC), e Jorge Familiarc, e, i
Melih Nemli Jose Alejandro Rojas Ramirezh
Herman Wijffelsa, c, i Samy Watsonb, c Rogerio Studartb Giovanni Majnonia, c Joon-Kyung Choia (VC), c
Claudiu Doltuh Ishmael Lightbourne Jorge Humberto Boteroh Nuno Mota Pintoh Terry O’Brienh
Dhanendra Kumard, e (VC) Mulu Ketselaa, c, i (C)
Zakir Ahmed Khanh Mathias Sinamenye
Svein Aasse (C) Shuja Shahb, d Michel Mordasinib, d, f Merza H. Hasana, e Zou Jiayic (C)
Pauli Kariniemih Sid Ahmed Dib Jakub Karnowskih Mohamed Kamel Amr Yang Jinlin
Abdulrahman M. Almofadhia, d Abdulhamid Alkhalifa Alexey G. Kvasovd (C) Mat Aron Deramanb, d Felix Alberto Camarasad, e Louis Philippe Ong Sengb, e, f Eugene Miagkov Chularat Suteethornh Francisco Bernasconih Agapito Mendes Diash
Committees
NAME AND POSITION Paul Wolfowitz Graeme Wheeler Vincenzo La Via Lars Thunell Juan Jose Daboub Marwan Muasher Vinod Thomas Ana Palacio Yukiko Omura
SALARY ($)
GRADES
MINIMUM ($)
MARKET REFERENCE ($)
MAXIMUM ($)
REPRESENTATIVE JOB TITLES
STAFF AT GRADE LEVEL (%)
Note:
www.worldbank.org/ieg
THE MILLENNIUM DEVELOPMENT GOALS
HEALTHY DEVELOPMENT: THE WORLD BANK’S STRATEGY FOR ACHIEVING HEALTH, NUTRITION, AND POPULATION RESULTS
www.worldbank.org/hnp
RAPID RESPONSE
www.worldbank.org/hazards
PUTTING 550,000 MORE CHILDREN IN PRIMARY SCHOOL IN BURKINA FASO
www.worldbank.org/burkinafaso
www.worldbank.org/education
www .worldbank.org/genderequality
ADDRESSING THE RISK OF CLIMATE CHANGE IN KENYA
www.worldbank.org/ kenya
www.worldbank .org/infrastructure
www.worldbank.org/ infrastructureandcleanenergy
www.worldbank.org/finance
THEMES OF THE BANK’S NEW GOVERNANCE AND ANTICORRUPTION STRATEGY
www.worldbank.org/governance
.org/governance
www.worldbank www.worldbank.org/integrity
www.worldbank.org/middleincomecountries
AFRICA FAST FACTS
New Commitments
Disbursements
Note:
COUNTRIES ELIGIBLE FOR WORLD BANK BORROWING
THE AFRICA ACTION PLAN
FIGURE 2.1
FIGURE 2.2
AFRICA IBRD AND IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL OF $5.8 BILLION
AFRICA IBRD AND IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL OF $5.8 BILLION
Urban Development Trade & Integration Social Protection & Risk Management Social Development, Gender & Inclusion Rural Development Rule of Law
8%
13%
2% 4%
Economic Management Environmental & Natural Resource Management Financial & Private Sector Development Human Development
Water, Sanitation & Flood Protection
12%
6% 12%
Agriculture, Fishing & Forestry Education
13% <1%
5%
17% 19%
Transportation
15%
Energy & Mining Finance
5% 13% 15%
Law & Justice & Public Administration Information & Communication
23%
12%
Health & Other Social Services
<1%
Public Sector Governance
3%
2%
Industry & Trade
www.worldbank.org/afr
TAKING ADVANTAGE OF NEW SOUTH-SOUTH CHANNELS OF TRADE AND INVESTMENT
2002
2003
2004
2005
2006
2007
Theme Total
3,793.5
3,737.2
4,115.9
3,887.5
4,786.6
5,796.9
Sector Total
3,793.5
3,737.2
4,115.9
3,887.5
4,786.6
5,796.9
Note:
EAST ASIA AND PACIFIC FAST FACTS
New Commitments
Disbursements
Note:
COUNTRIES ELIGIBLE FOR WORLD BANK BORROWING
FIGURE 2.3
FIGURE 2.4
EAST ASIA AND PACIFIC IBRD AND IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL OF $4 BILLION
EAST ASIA AND PACIFIC IBRD AND IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL OF $4 BILLION
Urban Development Trade & Integration Social Protection & Risk Management Social Development, Gender & Inclusion 5%
1% 6%
10%
2%
Economic Management Environmental & Natural Resource Management
Water, Sanitation & Flood Protection
15%
7% 3%
Agriculture, Fishing & Forestry Education
3% 6%
14%
Energy & Mining Finance Health & Other Social Services Industry & Trade
Rural Development
15%
3%
25%
Financial & Private Sector Development
3% 3%
Public Sector Governance
17%
5%
Human Development
Transportation
38%
22%
Law & Justice & Public Administration
www.worldbank.org/eap
2002
2003
2004
2005
2006
2007
Theme Total
1,773.6
2,310.8
2,572.7
2,883.3
3,401.6
4,043.9
Sector Total
1,773.6
2,310.8
2,572.7
2,883.3
3,401.6
4,043.9
Note:
SOUTH ASIA FAST FACTS
New Commitments
Disbursements
Note:
COUNTRIES ELIGIBLE FOR WORLD BANK BORROWING
FIGURE 2.5
FIGURE 2.6
SOUTH ASIA IBRD AND IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL OF $5.6 BILLION
SOUTH ASIA IBRD AND IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL OF $5.6 BILLION
Urban Development Trade & Integration Social Protection & Risk Management 10% Social Development, Gender & Inclusion 7%
<1% <1% <1% 5%
Economic Management Environmental & Natural Resource Management Financial & Private Sector Development
Water, Sanitation & Flood Protection
4%
13%
Agriculture, Fishing & Forestry
Transportation
10% 13%
14%
Education
3%
Law & Justice & Public Administration 21%
26%
4% 12%
Energy & Mining Finance
Rural Development
19%
Human Development
Information & Communication Industry & Trade
<1% 5% 18%
Rule of Law
<1%
16%
Public Sector Governance
Health & Other Social Services
www .worldbank.org/sar
THE PROMISE OF REGIONAL INTEGRATION
2002
2003
2004
2005
2006
2007
Theme Total
3,508.4
2,918.7
3,421.6
4,993.3
3,797.2
5,631.6
Sector Total
3,508.4
2,918.7
3,421.6
4,993.3
3,797.2
5,631.6
Note:
EUROPE AND CENTRAL ASIA FAST FACTS
New Commitments
Disbursements
Note:
COUNTRIES ELIGIBLE FOR WORLD BANK BORROWING
FIGURE 2.7
FIGURE 2.8
EUROPE AND CENTRAL ASIA IBRD AND IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL OF $3.8 BILLION
EUROPE AND CENTRAL ASIA IBRD AND IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL OF $3.8 BILLION
Urban Development
17%
<1% 11%
Economic Management Environmental & Natural Resource Management Financial & Private Sector Development
Water, Sanitation & Flood Protection
22%
1% 2% 9% 9%
Agriculture, Fishing & Forestry Education Energy & Mining Finance Health & Other Social Services
Trade & Integration 14% Social Protection & Risk Management Social Development, Gender & Inclusion Rural Development Rule of Law
22%
5%
9% 7%
Transportation Human Development Law & Justice & Public Administration
19%
<1% 4% 6% 9%
Public Sector Governance
22%
11%
Industry & Trade
www .worldbank.org/eca
DOING BUSINESS IN GEORGIA AND ROMANIA BECOMES EASIER
2002
2003
2004
2005
2006
2007
Theme Total
5,523.6
2,670.0
3,559.1
4,093.5
4,044.6
3,762.2
Sector Total
5,523.6
2,670.0
3,559.1
4,093.5
4,044.6
3,762.2
Note:
LATIN AMERICA AND THE CARIBBEAN FAST FACTS
New Commitments
Disbursements
Note:
COUNTRIES ELIGIBLE FOR WORLD BANK BORROWING
FIGURE 2.9
FIGURE 2.10
LATIN AMERICA AND THE CARIBBEAN IBRD AND IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL OF $4.6 BILLION
LATIN AMERICA AND THE CARIBBEAN IBRD AND IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL OF $4.6 BILLION
Urban Development
15%
1% 8%
Economic Management Environmental & Natural Resource Management
11%
Water, Sanitation & Flood Protection
11%
2% 8% <1% 6%
Agriculture, Fishing & Forestry Education Energy & Mining Finance Health & Other Social Services
Trade & Integration Social Protection & Risk Management Social Development, Gender & Inclusion Rural Development Rule of Law
7% 9% 4% 9% 2% 11%
Financial & Private Sector Development Transportation
27%
14%
22% Human Development
Public Sector Governance
Law & Justice & Public Administration
26%
5%
Industry & Trade
www.worldbank.org/lac
2002
2003
2004
2005
2006
2007
Theme Total
4,365.8
5,820.5
5,319.8
5,165.7
5,910.5
4,553.3
Sector Total
4,365.8
5,820.5
5,319.8
5,165.7
5,910.5
4,553.3
Note:
MIDDLE EAST AND NORTH AFRICA FAST FACTS
New Commitments
Disbursements
Note:
COUNTRIES ELIGIBLE FOR WORLD BANK BORROWING
ADDRESSING CHALLENGES AND OPPORTUNITIES ON THE YOUTH AGENDA
FIGURE 2.11
FIGURE 2.12
MIDDLE EAST AND NORTH AFRICA IBRD AND IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL OF $0.9 BILLION
MIDDLE EAST AND NORTH AFRICA IBRD AND IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL OF $0.9 BILLION
Urban Development Trade & Integration Social Protection & Risk Management
2% 2%
13%
20%
Environmental & Natural Resource Management
Water, Sanitation & Flood Protection
19%
23%
Agriculture, Fishing & Forestry
Transportation Financial & Private Sector Development
3% 2%
Social Development, Gender & Inclusion 19%
18%
Law & Justice & Public 7% Administration Industry & Trade Health & Other Social Services
1% 9% 4% 32%
Education
Rural Development Rule of Law
14% 4% 7%
2%
Human Development Public Sector Governance Finance Energy & Mining
www.worldbank.org/mna
STRENGTHENING LOCAL NGOs IN THE WEST BANK AND GAZA
2002
2003
2004
2005
2006
2007
Theme Total
554.5
1,056.0
1,091.0
1,283.6
1,700.6
907.9
Sector Total
554.5
1,056.0
1,091.0
1,283.6
1,700.6
907.9
Note:
FIGURE 3.1
TOTAL IBRD-IDA LENDING BY REGION | FISCAL 2007
SHARE OF TOTAL LENDING OF $24.7 BILLION
South Asia
23%
24%
Africa
Middle East & North Africa
4%
16%
East Asia & Pacific
Latin America & the Caribbean
18%
15%
Europe & Central Asia
FIGURE 3.2
TOTAL IBRD-IDA LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL LENDING OF $24.7 BILLION
Urban Development
11%
1% 8%
Economic Management Environmental & Natural Resource Management Financial & Private Sector Development
Trade & Integration Social Protection & Risk Management 7% Social Development, Gender & Inclusion 5%
6% 17%
17%
Human Development
Rural Development Rule of Law
13% 2% 14%
Public Sector Governance
FIGURE 3.3
TOTAL IBRD-IDA LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL LENDING OF $24.7 BILLION
Water, Sanitation & Flood Protection
12%
7% 8% 7%
Agriculture, Fishing & Forestry Education Energy & Mining Finance Health & Other Social Services Industry & Trade
Transportation
20% 7%
11%
Law & Justice & Public Administration
5% 22% 1%
Information & Communication
FIGURE 3.4
FIGURE 3.5
TOTAL IDA COMMITMENTS BY REGION | FISCAL 2007
SHARE OF TOTAL LENDING OF $11.9 BILLION
IDA COMMITMENTS TO AFRICA | FISCAL 1998–2007
Africa
Millions of dollars Percent
South Asia
34%
49%
7,000 6,000 5,000
60 50 40 30
Middle East & North Africa Latin America & the Caribbean
4,000 2% 2% 3,000 2,000 1,000 0 10% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 20 10 0
Europe & Central Asia 4% East Asia & Pacific
IDA commitments (left axis)
Share of IDA commitments (right axis)
Note: Effective fiscal 2005, lending includes guarantees and guarantee facilities.
FIGURE 3.6
TOTAL IDA COMMITMENTS BY THEME | FISCAL 2007
SHARE OF TOTAL LENDING OF $11.9 BILLION
Urban Development Trade & Integration Social Protection & Risk Management
8% 5%
8%
1% 4%
Economic Management Environmental & Natural Resource Management Financial & Private Sector Development
Social Development, Gender & Inclusion 8%
14%
21%
Human Development
Rural Development Rule of Law
15% 1% 15%
Public Sector Governance
FIGURE 3.7
TOTAL IDA COMMITMENTS BY SECTOR | FISCAL 2007
SHARE OF TOTAL LENDING OF $11.9 BILLION
Water, Sanitation & Flood Protection
10%
7%
Agriculture, Fishing & Forestry
Transportation
12%
13%
Education
10% 4% 16%
Energy & Mining Finance Health & Other Social Services Industry & Trade
Law & Justice & Public 23% Administration Information & Communication
1% 4%
2002
2003
2004
2005
2006
2007
Theme Total
19,519.4
18,513.2
20,080.1
22,307.0
23,641.2
24,695.8
Sector Total
19,519.4
18,513.2
20,080.1
22,307.0
23,641.2
24,695.8
Note:
FIGURE 3.8
FIGURE 3.9
IDA’s CONSISTENT COMMITMENT TO INFRASTRUCTURE | FISCAL 1998–2007
Millions of dollars Percent
SOURCES OF IDA FUNDING
BILLIONS OF DOLLARS
20.7 35 30 25 20 15 10 5 0 0.9 IDA12 FY2000–02 IDA internal resources a IBRD and IFC net income contribution a. IDA internal resources include principal repayments, charges less administrative expenses, and investment income. For IDA14, this amount includes principal repayments that are no longer available due to IDA’s implementation of the MDRI as of July 1, 2006. These lost reflows will be replaced by additional donor contributions under the MDRI replenishment. b. Includes structural financing gap. 0.9 IDA13 FY03–05 2.1 IDA14 FY06–08 Donor contributionsb 7.9 11.7 9.2 12.7 12.7
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
IDA commitments (left axis)
Share of IDA commitments (right axis)
Note: Effective fiscal 2005, lending includes guarantees and guarantee facilities.
FIGURE 3.10
FRAGILE STATES FACE THE LARGEST DEFICIT IN MOST MDGs
PERCENT
35 30 25 20 15 10 5 0 Share of developing country population Share of HIVpositive population Share of extreme poverty Share of deficit in universal educationa 8.9 24.2 26.5 29.0
31.4
Share of under-5 mortalityb
Source: World Bank estimates. a. Children of relevant age that did not complete primary school in 2005. b. Children born in 2005 not expected to survive to age five.
THE 15TH REPLENISHMENT OF IDA
FIGURE 3.11
TOTAL IBRD LENDING BY REGION | FISCAL 2007
SHARE OF TOTAL LENDING OF $12.8 BILLION
South Asia Middle East & North Africa
13%
<1%
Africa
5% 22%
East Asia & Pacific
Latin America & the Caribbean
34%
26%
Europe & Central Asia
FIGURE 3.12
TOTAL IBRD LENDING BY THEME | FISCAL 2007
SHARE OF TOTAL LENDING OF $12.8 BILLION
Urban Development
13%
1%
Economic Management Environmental & Natural 12% Resource Management
Trade & Integration
8%
Social Protection & Risk Management 6% Social Development, Gender & Inclusion 3%
20%
Financial & Private Sector Development
Rural Development Rule of Law
11% 2% 12%
12%
Human Development
Public Sector Governance
FIGURE 3.13
TOTAL IBRD LENDING BY SECTOR | FISCAL 2007
SHARE OF TOTAL LENDING OF $12.8 BILLION
Water, Sanitation & Flood Protection
15%
7%
Agriculture, Fishing & Forestry
3% 4% 9%
Education Energy & Mining Finance Health & Other Social Services Industry & Trade Information & Communication Law & Justice & Public Administration
7% 6% <1%
Transportation
28%
21%
FIGURE 3.14
IBRD’S BORROWINGS AND INVESTMENTS | AS OF JUNE 30, 2007
BILLIONS OF DOLLARS
103.0
103.3 91.5 91.6 81.1
26.6
31.1
26.4
24.9
22.2
FY03
FY04
FY05
FY06
FY07
Cash and liquid investments
Borrowings outstanding after swaps
FIGURE 3.15
EQUITY-TO-LOANS RATIO | AS OF JUNE 30, 2007
PERCENT
40 29.4 31.4 33.0
35.0
26.6
0 FY03 FY04 FY05 FY06 FY07
QUALITY ASSURANCE GROUP FINDINGS
Total cash contributions
Note:
5,214
7,334
COOPERATION ACROSS THE WORLD BANK GROUP: IMPROVING THE INVESTMENT CLIMATE
www.fias.net
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THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
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1818 H St NW Washington DC 20433 USA Telephone: 202-473-1000 Facsimile: 202-477-6391 Internet: www.worldbank.org E-mail: wbannualreport@worldbank.org