WORLD BANK FY22 BUDGET DOCUMENT - TEXT FOR PUBLIC DISCLOSURE - Overview and Recommendations

Jul 19, 2026

Upload by Skyler

WORLD BANK FY22 BUDGET DOCUMENT - TEXT FOR PUBLIC DISCLOSURE (December 2, 2021) provides an organized view of the FY22 budget, including overview and recommendations, strategic directions, business outlook, and the lending and cost-of-doing-business context. It details the FY22 budget framework covering aggregate bank budgets, external funding of bank activities, and the administrative and capital budget proposals. The document also addresses budget-related risks and uncertainties and includes annexes with program cost summaries and indicators of budget sustainability, alignment, and efficiency.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages99

Reading Time4 h 9 min

Overview and Recommendations

Overview

FY22 Budget Recommendations

Strategic Directions and Business Outlook

Strategic Context and Business Priorities

Lending Outlook

Cost of Doing Business

Continued Focus on Budget Discipline

FY22 Budget Framework

Aggregate Bank Budget

External Funding of Bank Activities

Aggregate FY22 Bank Budget and External Funds

FY22 Administrative Budget

Administrative Budget Proposal

Adjustments to the FY22 Budget

Strategic Alignment by Work Program

Operational Work Program

Grant-Making Facilities

IG&A Units

Centrally Managed Accounts

Expense Functional View

FY22 Capital Budget

Overview

Facilities

Technology and Systems

Mitigating Budget-Related Risks and Uncertainties

Annexes

Annex I: Program Cost Summary

Annex II: Indicators of Budget Sustainability, Strategic Alignment, and Budget Efficiency

Public Disclosure Authorized Public Disclosure Authorized WORLD BANK FY22 BUDGET DOCUMENT – TEXT FOR PUBLIC DISCLOSURE FY22 World Bank Budget Text for Public Disclosure December 2, 2021 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION CONTENTS 1 1. OVERVIEW AND RECOMMENDATIONS 1 1.1 OVERVIEW 1 1.2 FY22 BUDGET RECOMMENDATIONS 6 2. STRATEGIC DIRECTIONS AND BUSINESS OUTLOOK 7 2.1 STRATEGIC CONTEXT AND BUSINESS PRIORITIES 7 2.2 LENDING OUTLOOK 15 2.3 COST OF DOING BUSINESS 18 2.4 CONTINUED FOCUS ON BUDGET DISCIPLINE 22 3. FY22 BUDGET FRAMEWORK 27 3.1 AGGREGATE BANK BUDGET 27 3.2 EXTERNAL FUNDING OF BANK ACTIVITIES 32 3.3 AGGREGATE FY22 BANK BUDGET AND EXTERNAL FUNDS 34 4. FY22 ADMINISTRATIVE BUDGET 35 4.1 ADMINISTRATIVE BUDGET PROPOSAL 35 4.2 ADJUSTMENTS TO THE FY22 BUDGET 35 4.3 STRATEGIC ALIGNMENT BY WORK PROGRAM 49 4.4 OPERATIONAL WORK PROGRAM 53 4.5 GRANT-MAKING FACILITIES 64 4.6 IG&A UNITS 65 4.7 CENTRALLY MANAGED ACCOUNTS 69 4.8 EXPENSE FUNCTIONAL VIEW 70 5. FY22 CAPITAL BUDGET 73 5.1 OVERVIEW 73 5.2 FACILITIES 73 5.3 TECHNOLOGY AND SYSTEMS 75 6. MITIGATING BUDGET-RELATED RISKS AND UNCERTAINTIES 79 ANNEXES ANNEX I: PROGRAM COST SUMMARY................................................................................................... 81 ANNEX II. INDICATORS OF BUDGET SUSTAINABILITY, STRATEGIC ALIGNMENT, AND BUDGET EFFICIENCY.............................................................................................................. 88 1 In the tables, charts and text, the totals have been rounded to the nearest whole number. Numbers may not add due to rounding. TABLES Table 2.1: IBRD and IDA Lending Projections (US$ billion) ......................................................................... 17 Table 3.1: FY21 and FY22 Bank Budgets (US$ million) ................................................................................ 27 Table 3.2: FY21-22 Administrative Budget and External Funds (US$ million) ............................................. 34 Table 4.1: FY21 WB Budget and Proposed FY22 WB Budget...................................................................... 35 Table 4.2: Incremental Additions to FY22 Budget (US$ million) ................................................................... 42 Table 4.3: Incremental Savings/Adjustments in the FY22 Budget (US$ million)........................................... 45 Table 4.4: FY19-22 Savings/Adjustments in the Budgets (US$ million) ........................................................ 46 Table 4.5: FY19-22 Gross Efficiency Savings by Category (US$ million)..................................................... 47 Table 4.6: FY22 Bank Budget (US$ million) .................................................................................................. 48 Table 4.7: FY21 and FY22 Resources by Work Program and Funding Source .............................................. 50 Table 4.8: FY21 and FY22 Budget Share by Work Program and Funding Source ......................................... 50 Table 4.9: FY21 and FY22 Operational Budget Envelopes (US$ million) ..................................................... 54 Table 4.10: Grant-Making Facilities Budgets (US$ million) ........................................................................... 64 Table 4.11: FY21 and FY22 EDs, IEG and Accountability Mechanism Budgets (US$ million) .................... 67 Table 4.12: FY21 and FY22 IG&A Budget Envelopes (US$ million) ............................................................ 68 Table 4.13: Centrally Managed Accounts (US$ million) ................................................................................ 70 FIGURES Figure 2.1: The GRID Approach ..................................................................................................................... 13 Figure 2.2: World Bank Lending Commitments

FAQs

What is the purpose of the WORLD BANK FY22 BUDGET DOCUMENT (text for public disclosure)?

It presents the FY22 World Bank budget in a structured, public-disclosure format, covering recommendations, strategic outlook, budget framework, and supporting annex information.

Which sections explain the FY22 budget recommendations and strategic direction?

The document includes an “Overview and Recommendations” section and a “Strategic Directions and Business Outlook” section covering strategic context, lending outlook, cost of doing business, and budget discipline.

How does the document break down FY22 financial planning?

It provides a budget framework that covers aggregate bank budget and external funding, followed by detailed FY22 administrative budget and FY22 capital budget components.

Jul 19, 2026

Upload by Skyler