[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110969-en":3,"doc-seo-110969-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},110969,687197207919,"Theodora","https://ap-avatar.wpscdn.com/avatar/a000253d6f5f7c60be?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779446848396160552",8,"Research & Report","Minutes of a Meeting of the Executive Directors of the Bank and IDA and the Boards of Directors of IFC and MIGA - June 25, 2021","Minutes of a restricted World Bank Group meeting conducted via WebEx on June 25, 2021, documenting the attendance of the Chair, executive directors and alternates, and participating officers and staff. The Executive Directors reviewed and approved recommendations from the President’s Memorandums and Reports covering the FY22 World Bank Budget, IFC FY22 budget and leveraging resources for a resilient recovery, and the FY22 MIGA budget, including specific section and chapter references. Additional approvals were recorded on an absence-of-objection or streamlined basis for several country financing actions and the meeting’s adjournment at 12:00 p.m.","Public Disclosure Authorized Public Disclosure Authorized  \nFROM: Vice President and Corporate Secretary  \nMinutes of a Meeting of the Executive Directors ofthe Bank and IDA and the Boards of Directors of IFC and MIGA  \nheld via WebEx on June 25, 2021 at 9:33 a.m.  \n1. There were present:  \nCHAIR:  \nD. Malpass, President  \nEXECUTIVE DIRECTORS, ALTERNATES, AND TEMPORARY ALTERNATES ACTING AS EXECUTIVE DIRECTORS:  \nE.  \nM.  \nA.  \nA.  \nF.  \nE.  \nM.  \nJ.  \nK.  \nH.  \nD.  \nG.  \nM.  \nAcevedo Ahmad  \nAlkhalaf Bedjaoui Bouvet  \nBouzis Bugamelli Chang Davidse Demircan Favre Haarde  \nHasan  \nR.  \nA.  \nL.  \nA.  \nM.  \nT.  \nR.  \nT.  \nN.  \nN.  \nV.  \nA.  \nKhullar Kouagou Levonian Manuel Medina Miyahara Montgomery Nyamadzabo Putscher Ray Tamozhnikov Weintraub  \nOFFICERS AND STAFF PARTICIPATING:  \nC. Frazier, Acting Senior Vice President and General Counsel  \nL. Sturtevant, Deputy General Counsel, IFC  \nA. Kumar-Capoor, Director and General Counsel, MIGA  \nY. Tsikata, Vice President and Corporate Secretary  \nS. Yang, Managing Director and WBG Chief Administrative Officer  \nM. Diop, Chief Executive Officer IFC  \nH. Matano, Executive Vice President, MIGA  \nE. Tafara, Vice President and Chief Risk, Legal and Admin Officer, MIGA  \nA. Bassani, Vice President  \nM. Mahurkar, Vice President, IFC  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nFY22 World Bank Budget  \n2. The Executive Directors discussed the President’s Memorandum and Report entitled“FY22 World Bank Budget”(R2021-0104[IDA/R2021-0161];/1, dated May 28, 2021, and June 9, 2021, respectively) and approved the recommendations contained in the last paragraph of the President’s Memorandum and detailed in Section 1.2 of the Bank’s Budget document.  \nIFC FY22 Budget-Leveraging Resources for a Resilient Recovery  \n3. The Board of Directors discussed the President’s Memorandum and Report entitled “IFCFY22 Budget-Leveraging Resources for a Resilient Recovery”(IFC/R2021-0137;/1, dated May 26, 2021, and June 9, 2021, respectively) and approved the recommendations contained in the last paragraph of the President’s Memorandum and detailed in Chapter 9 ofIFC’s Budget document. Mr. Montgomery wished to be recorded as abstaining.  \nFY22 MIGA Budget  \n4. The Board of Directors discussed the President’s Memorandum and Report entitled“FY22 MIGA Budget”(MIGA/R2021-0031; /3, dated May 26, 2021, June 4, 2021, June 9, 2021, and June 17, 2021, respectively) and approved the recommendations contained in the paragraph 1.2 of the President’s Memorandum and detailed in Chapter 6 of MIGA’s Budget document.  \nFarewell to Executive Director  \n5. The Chair made the customary presentation to Mr. Geir Haarde, Executive Director (Iceland), on the expiration of his terms of service and tendered him good wishes for the future. The Executive Directors recorded their appreciation.  \nAdjournment  \n6. The meeting adjourned at 12:00 p.m.  \nThis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.  \nThe following item(s) have been approved on an Absence-of-Objection Basis or have been authorized to proceed on a streamlined basis  \non June 25, 2021  \nTHE EXECUTIVE DIRECTORS OF THE BANK AND IDA  \nAllocation of IBRD FY21 Net Income and Waivers of Loan Charges for FY22  \n1. The Executive Directors recorded their approval on June 25, 2021 of the recommendations contained in paragraph 9 of the Memorandum of the President entitled“Allocation of IBRD FY21 Net Income and Waivers of Loan Charges for FY22”(R2021-0106;/1, dated May 28, 2021, and June 17, 2021, respectively) .  \nBurundi-Grant, of which a portion is from the IDA Window for Host Communities and Refugees (WHR) -Burundi Skills for Jobs: Women and Youth Project  \n2. The Execu","cbCaiomjh2DLFHo8","https://ap.wps.com/l/cbCaiomjh2DLFHo8","pdf",160690,1,6,"English","en",105,"# Attendance and meeting details\n## Attendance list and participating officers/staff\n## Restricted distribution statement\n# Budget reviews and approvals\n## FY22 World Bank Budget\n## IFC FY22 Budget-Leveraging Resources for a Resilient Recovery\n## FY22 MIGA Budget\n# Other actions and wrap-up\n## Farewell to Executive Director\n## Adjournment","[{\"question\":\"What meeting and date are recorded in the minutes?\",\"answer\":\"The minutes record a meeting of the Executive Directors of the Bank and IDA and the Boards of Directors of IFC and MIGA held via WebEx on June 25, 2021 at 9:33 a.m.\"},{\"question\":\"Which FY22 budget topics were discussed and approved?\",\"answer\":\"The Executive Directors discussed and approved recommendations for the FY22 World Bank Budget, IFC FY22 Budget-Leveraging Resources for a Resilient Recovery, and the FY22 MIGA Budget.\"},{\"question\":\"What actions were approved on an absence-of-objection or streamlined basis?\",\"answer\":\"The minutes list multiple financing approvals, including Allocation of IBRD FY21 Net Income and Waivers of Loan Charges for FY22, and several country grants and credits such as Burundi, the Central African Republic, the Democratic Republic of Congo, and Lesotho.\"}]",1784487947,15,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":27},"minutes-of-a-meeting-of-the-executive-directors-of-the-bank-and-ida-and-the-boards-of-directors-of-ifc-and-miga-june-25-2021","",{"@graph":35,"@context":84},[36,53,67],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/minutes-of-a-meeting-of-the-executive-directors-of-the-bank-and-ida-and-the-boards-of-directors-of-ifc-and-miga-june-25-2021/110969/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":61,"encodingFormat":60,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":4},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What meeting and date are recorded in the minutes?","Question",{"text":74,"@type":75},"The minutes record a meeting of the Executive Directors of the Bank and IDA and the Boards of Directors of IFC and MIGA held via WebEx on June 25, 2021 at 9:33 a.m.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"Which FY22 budget topics were discussed and approved?",{"text":79,"@type":75},"The Executive Directors discussed and approved recommendations for the FY22 World Bank Budget, IFC FY22 Budget-Leveraging Resources for a Resilient Recovery, and the FY22 MIGA Budget.",{"name":81,"@type":72,"acceptedAnswer":82},"What actions were approved on an absence-of-objection or streamlined basis?",{"text":83,"@type":75},"The minutes list multiple financing approvals, including Allocation of IBRD FY21 Net Income and Waivers of Loan Charges for FY22, and several country grants and credits such as Burundi, the Central African Republic, the Democratic Republic of Congo, and 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