The World Bank Group: Russia and Beyond. Pedro Alba Country Director and Resident Representative Of the World Bank in the Russian Federation May 25, 2011. Working for a World Free of Poverty.
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Country Director and Resident Representative
Of the World Bank in the Russian Federation
May 25, 2011
The World Bank Group is not a bank in its common sense; we are made up of five unique development institutions owned by 186 member countries:
World Bank Staff is:
We are run like a cooperative, with our member countries as shareholders. The number of shares a country has is based roughly on the size of its economy:
The rest of the shares are divided among the other member countries.
IBRD key financial indicators in 2010,in millions of USD dollars:
IDA key financial indicators in 2010,in millions of USD dollars:
Lending by Regions in 2010:
AND THE CARIBBEAN
IBRD | $13,667 million
IDA | $240 million
Portfolio of Projects | $32.1 billion
IBRD | $4,258 million
IDA | $7,179 million
Portfolio of Projects | $35.3 billion
AND NORTH AFRICA
IBRD | $3,523 million
IDA | $214 million
Portfolio of Projects | $8.7 billion
AND CENTRAL ASIA
IBRD | $10,196 million
IDA | $620 million
Portfolio of Projects | $24.4 billion
IBRD | $6,689 million
IDA | $4,645 million
Portfolio of Projects | $33.7 billion
IBRD | $5,865 million
IDA | $1,652 million
Portfolio of Projects | $28.4 billion
Top borrowers in 2010:
Projects we have supported have helped to:
The World Bank supports Russia’s:
By focusing on activities/areas:
IBRD collaborates with:
Russia is a critical partner of the Bank in development issues.
The World Bank has a long, deep, and really successful partnership with Russia being engaged at three levels – bilateral, regional and global
At the Bilateral level:
Work with Russia on the new Country Partnership Strategy
At the Regional Level:
Regional cooperation beyond the border of Russia
At the Global Level:
Russia is an official donor for development:
Traditional Financial Instruments
New Financial Instruments
Enhancing Russia’s Role as a Donor
Cooperation includes capacity building and learning-by-doing in joint development assistance programs. Capacity is being developed for an aid reporting system and regulatory framework with support from DFID and Government funds.
The Bank has made progress with the federal government, in identifying a small sub-set of regions that may become the target of concentrated work programs with the Bank.
Russia’s Global Role
To enhance Russia’s global Role, the Bank partners with the Russian government in support of its emergence as an international donor and active member of multilateral organizations:
Public Sector Development
Social & Communal Services
In addition to continued general cooperation with the federal government, the Bank concentrates much of its support for improving social service delivery at the subnational level. Activities include:
The development goals for Russia are:
Country Partnership Strategy (CPS)–a framework for cooperation endorsed by the Government of the Russian Federation and the World Bank Board of Executive Directors
CPS FY07-11 – Key Pillars:
CPS FY12-15 – To be agreed in consultation with federal and regional authorities
Since 1992 World Bank has financed over 70 projects in Russia for the amount of 14.27 bln US$
Several sub-national projects are being developed without sovereign guarantees, primarily focusing on regional infrastructure. The Program is managed jointly by IBRD and IFC.
Analytical work and advisory work is provided by the Bank on reimbursable basis including preparation of strategies and sector analyses for regions; technical support for specific investment activities.