ANNUAL REPORT THE WORLD BANK 2008. THE WORLD BANK ANNUAL REPORT 2008 The World Bank Group is one of the world’s largest sources of funding and knowledge.

ANNUAL REPORT

THE WORLD BANK

2008

THE WORLD BANK ANNUAL REPORT 2008

The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries.

The Bank Group uses financial resources and extensive experience to help poor nations reduce poverty, increase economic growth, and improve the quality of life.


AFFILIATES OF THE WORLD BANK GROUP

The International Bank for Reconstruction and DevelopmentEstablished 1944 185 MembersCumulative lending: $446 billion (effective fiscal 2005, includes guarantees) Fiscal 2008 lending: $13.5 billion for 99 new operations in 34 countries

The International Development AssociationEstablished 1960 167 MembersCumulative commitments: $193 billion (effective fiscal 2005, includes guarantees)Fiscal 2008 commitments: $11.2 billion for 199 new operations in 72 countries

The International Finance CorporationEstablished 1956 179 Members Committed portfolio: $32.2 billion (plus $7.5 billion in syndicated loans)Fiscal 2008 commitments: $11.4 billion committed and $4.8 billion mobilized for372 projects in 85 countries

The Multilateral Investment Guarantee AgencyEstablished 1988 172 MembersCumulative guarantees issued: $19.5 billion (includes amounts leveraged through the Cooperative Underwriting Program)Fiscal 2008 guarantees issued: $2.1 billion

The International Centre for Settlement of Investment DisputesEstablished 1966 143 MembersTotal cases registered: 268Fiscal 2008 cases registered: 32


The World Bank (IBRD and IDA), IFC,

and MIGA work together as well as

independently to reduce poverty,

foster growth, and ensure that

development is inclusive and

sustainable.


Svein Aass Jens HaalovAbdulrahman M. AlmofadhiAbdulhamid AlkhalifaGino Alzetta Melih NemliFelix Alberto Camarasa Francisco BernasconiE. Whitney Debevoise Ana GuevaraMat Aron Deraman Chularat SuteethornJorge Familiar Jose Alejandro Rojas RamirezAmbroise Fayolle Alexis KohlerAlex Gibbs Caroline SergeantJames Hagan Do Hyeong KimMerza H. Hasan Mohamed Kamel Amr Michael Hofmann Ruediger Von KleistMulu Ketsela Mathias SinamenyeDhanendra Kumar Zakir Ahmed KhanAlexey Kvasov Eugene MiagkovGiovanni Majnoni Nuno Mota PintoMichel Mordasini Jakub KarnowskiLouis Philippe Ong Seng Agapito Mendes DiasToru Shikibu Masato KandaRogerio Studart Jorge Humberto BoteroJaved Talat Sid Ahmed DibSamy Watson Ishmael LightbourneHerman Wijffels Claudiu DoltuZou Jiayi Yang Yingming

Executive Directors and AlternatesAs of June 30, 2008

AlternatesExecutive Directors

President of the World Bank andChairman of the Board of Executive DirectorsRobert B. Zoellick


The World Bank collaborates with

numerous other partners and

multilateral organizations, including the

World Health Organization (WHO) and

the Food and Agriculture Organization

(FAO), to realize the most far-reaching

results possible.

Current global challenges include the

financial crisis, high food prices, and

climate change.


Fiscal Year Highlights

The World Bank total lending for fiscal 2008 was more than $24.7 billion, which included loans, credits, guarantees, and grants.



IBRD committed nearly $13.5 billion for 99 new operations in 34 countries.



IDA committed more than $11.2 billion for

199 new operations in 72 countries.

The 15th Replenishment of IDA (IDA15) will

provide $41.7 billion, which is an increase

of $9.5 billion over the previous

replenishment and is the largest expansion

in donor funding in IDA’s history.



Africa, which remains the Bank’s top priority, again received the highest funding from the World Bank—a record $5.7 billion.


Note: All dollar amounts used are current U.S. dollars unless otherwise specified. As a result of rounding, numbers in the following charts may not add to totals and percentages in figures may not add to 100.



IBRD and IDA Lending by Region │ Fiscal 2008Share of Total Lending of $24.7 billion

South Asia17%

Africa23%

Latin America & the Caribbean

19%

Europe & Central Asia

17%

East Asia & Pacific18%

Middle East & North Africa

6%


Urban Development12%

Public Sector Governance

18%

Trade & Integration5%

Human Development9%Rule of Law

1%

Social Protection & Risk Management

4%

Environment & Natural Resource Management

11%

Economic Management

2%

Financial & Private Sector Development

25%

Social Development, Gender & Inclusion

4%Rural

Development9%

IBRD and IDA Lending by Theme │ Fiscal 2008Share of Total Lending of $24.7 billion


IBRD and IDA Lending by Sector │ Fiscal 2008Share of Total Lending of $24.7 billion

Education8%

Finance6%

Energy & Mining17%

Law & Justice & Public Administration

21%

Health & Other Social Services

7%

Agriculture, Fishing & Forestry

6%

Industry & Trade6%

Information & Communication

< 1%

Water, Sanitation & Flood Protection

10%

Transportation19%


Regional Lending by Theme and Sector


Africa Fast FactsTotal population 0.8 billion

Population growth 2.4%

Life expectancy at birth 50 years

Infant mortality per 1,000 births 94

Female youth literacy 64%

2007 GNI per capita $952

Number of people living with HIV/AIDS 22.5 million

Note: Life expectancy at birth and infant mortality rate per 1,000 live births are for 2006; female youth literacy is for 2005; HIV/AIDS data are from the UNAIDS/WHO 2007 AIDS Epidemic Update; other indicators are for 2007 from the World Development Indicators database.

Total Fiscal 2008 Total Fiscal 2008

New Commitments Disbursements

IBRD $30 million IBRD $42 million

IDA $5,657 million IDA $4,848 million

Portfolio of projects under implementation as of June 30, 2008: $23.3 billion


Africa50%

South Asia25%


3%


2%


4%


Half of IDA Lending Went to Africa Share of Total Lending of $11.2 billion


Africa IBRD and IDA Lending by Theme, Fiscal 2008Share of Total Lending of $5.7 billion

Economic Management2%

Human Development10%

Rural Development9%


5%


17%


6%

Public Sector Governance

29%

Rule of Law<1 %


3%




Africa IBRD and IDA Lending by Sector, Fiscal 2008 Share of Total Lending of $5.7 billion

Transportation17% Energy & Mining

17%


< 1%

Industry & Trade3%

Law & J ustice & Public Administration

32%

Education7%


6%Water, Sanitation

& Flood Protection8%


8%

Finance2%


East Asia and Pacific Fast Facts

Total population 1.9 billion





2007 GNI per capita $2,180





IBRD $2,677 million IBRD $2,401 million




East Asia and Pacific IBRD and IDA Lending by Theme, Fiscal 2008 Share of Total Lending of $4.5 billion

Human Development5%

Rule of Law1%

Rural Development12%


Social P rotection & Risk Management

2%


4%

P ublic Sector Governance14%



17%

Financial & P rivate Sector Development

26%


East Asia and Pacific IBRD and IDA Lending by Sector, Fiscal 2008 Share of Total Lending of $4.5 billion

Finance6%

Transportation34%

Education5%


< 1% Law & J ustice

& Public Administration20%


8%


3%


5%Industry & Trade

4%

Energy & Mining15%







2007 GNI per capita $880








South Asia Fast Facts


South Asia IBRD and IDA Lending by Theme, Fiscal 2008Share of Total Lending of $4.2 billion



9%

Economic Management 3%

Financial & P rivate Sector Development

31%

P ublic Sector Governance

10%

Rural Development14%

Rule of Law1%


8% Social P rotection & Risk Management

3%

Urban Development 1%Trade & Integration 2%


South AsiaIBRD and IDA Lending by Sector, Fiscal 2008Share of Total Lending of $4.2 billion

Education16%


16%

Energy & Mining35%

Finance2%

Industry & Trade4%


< 1%


6%

Transportation5%


5%


10%



Population growth 0%










IDA $457 million IDA $527 million


Europe and Central Asia Fast Facts


Europe and Central Asia IBRD and IDA Lending by Theme, Fiscal 2008Share of Total Lending of $4.2 billion

Human Development5%

Rule of Law4%



3%

Rural Development6%

Public Sector Governance12%

Social Development & Gender Inclusion

1%



31%

Economic Management< 1%


11%


Europe and Central AsiaIBRD and IDA Lending by Sector, Fiscal 2008Share of Total Lending of $4.2 billion

Energy & Mining13%

Finance7%

Transportation21%


1%

Industry & Trade12%


14%

Law & Justice& Public Administration

22%


3%

Education2%


5%















Latin America and the Caribbean Fast Facts


Latin America and the Caribbean IBRD and IDA Lending by Theme, Fiscal 2008 Share of Total Lending of $4.7 billion


Public Sector Governance20%


Rule of Law1%

Rural Development7%


7%


2%

Economic Management3%


14%


13%



Latin America and the CaribbeanIBRD and IDA Lending by Sector, Fiscal 2008Share of Total Lending of $4.7 billion

Energy & Mining6%

Finance5%

Industry & Trade10%

Transportation24%


18%


9%

Education11%


7%


10%












IBRD $1,203 million IBRD $966 million



Middle East and North Africa Fast Facts


Middle East and North Africa IBRD and IDA Lending by Theme, Fiscal 2008 Share of Total Lending of $1.5 billion

Human Development1%

P ublic Sector Governance14%

Finance & P rivate Sector Development

54%


4%

Rule of Law1%


Social P rotection & Risk Management

2%

Rural Development4%


5%



Middle East and North AfricaIBRD and IDA Lending by Sector, Fiscal 2008Share of Total Lending of $1.5 billion

Education2%

Finance34%

Transportation7%

Information & Communication1%


2%

Industry & Trade2%


20%

Law & J ustice & Public Admininstration

13%

Energy & Mining19%


Lending by Theme


Economic ManagementIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $0.4 billion

Africa35%

South Asia31%


1%


33%


Environment and Natural Resource ManagementIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $2.7 billion

Africa13%

South Asia15%


2%

Latin America &the Caribbean

25%


17%

East Asia &Pacific28%


Financial and Private Sector DevelopmentIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $6.2 billion

Africa16%


10%


21%South Asia

22%



13%


Human DevelopmentIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $2.3 billion

Africa25%


1%Latin America &the Caribbean

20%


10%


South Asia34%


Public Sector GovernanceIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $4.3 billion

Africa36%

South Asia10%



12%


5%


22%


Rule of LawIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $0.3 billion

South Asia9%


16%Africa

7%


4%


56%

East Asia & Pacific

8%


Rural DevelopmentIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $2.3 billion

Africa23%

South Asia26% East Asia &

Pacific24%


11%


14%


2%


Social Development, Gender, and InclusionIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $1.0 billion

Africa27%

South Asia32%



2%


11%


8%


Social Protection and Risk ManagementIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $0.9 billion

South Asia16%


36%


Africa19%


14%


4%


Trade and IntegrationIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $1.4 billion

Africa29%

South Asia5%


36%


16%


1%



Urban DevelopmentIBRD and IDA Lending by Region, Fiscal 2008 Share of Total Lending of $3.0 billion

Africa21%

South Asia2%


28%


7%


20%

East Asia & Pacif ic22%


Lending by Sector


Agriculture, Fishing, and ForestryIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $1.4 billion

Africa27%

South Asia31%


9%


25%

East Asia & Pacific

8%


EducationIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $1.9 billion


2%


27%


4%

South Asia36%

Africa19%



Energy and MiningIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $4.2 billion

Africa22%

South Asia36%



7%Latin America &

the Caribbean6%


13%


FinanceIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $1.5 billion

South Asia6%

Africa8%


20%



16%


33%


Health and Other Social ServicesIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $1.6 billion


27%


13%

South Asia15%


Africa30%


2%


Industry and TradeIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $1.5 billion

South Asia11%

Africa13%



30%


32%


2%


Information and CommunicationIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $0.06 billion

Africa1%

South Asia23%


16%


42%

East Asia & Pacif ic18%


Law and Justice and Public AdministrationIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $5.3 billion

Africa33%

South Asia13%


17%


4%


16%



TransportationIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $4.8 billion

Africa20%

South Asia5%


2%Latin America & the Caribbean

22%


19%



Water, Sanitation and Flood ProtectionIBRD and IDA Lending by Region, Fiscal 2008Share of Total Lending of $2.4 billion

Africa20%

South Asia9%


19%


24%



13%


Regional Lending History


AfricaTotal IBRD and IDA Lending, Fiscal 2003 to 2008(millions of dollars)

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

FY03 FY04 FY05 FY06 FY07 FY08


East Asia and PacificTotal IBRD and IDA Lending, Fiscal 2003 to 2008(millions of dollars)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000



South AsiaTotal IBRD and IDA Lending, Fiscal 2003 to 2008(millions of dollars)

0

1,000

2,000

3,000

4,000

5,000

6,000



Europe and Central AsiaTotal IBRD and IDA Lending, Fiscal 2003 to 2008(millions of dollars)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500



Latin America and the CaribbeanTotal IBRD and IDA Lending, Fiscal 2003 to 2008(millions of dollars)

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000



Middle East and North AfricaTotal IBRD and IDA Lending, Fiscal 2003 to 2008(millions of dollars)

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800



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ANNUAL REPORT THE WORLD BANK 2008. THE WORLD BANK ANNUAL REPORT 2008 The World Bank Group is one of the world’s largest sources of funding and knowledge.

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