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2011 Trust Fund Annual Report

Trust funds play an increasingly important role in the international aid architecture.

As of June 30, 2011, the World Bank Group (WBG) held US$29.1 billion of funds in trust. Of this amount, US$10.4 billion corresponded to International Bank for Reconstruction and Development/International Development Association (IBRD/IDA) trust funds, US$18.0 billion to the Financial Intermediary Funds (FIFs) and US$0.7 billion to International Finance Corporation (IFC) trust funds.

Funds Held in Trust (US$Billions)

TFAR Fig 380

Trust funds are a flexible arrangement that enables the WBG to engage in a wide range of partnerships and leverage development assistance at the country, regional, and global levels. IBRD/IDA trust funds complement the Bank’s work in fragile states, disaster response, and global programs. FIFs leverage public and private resources in support of global priorities. IFC trust funds allow extending advisory services and investment activities, particularly for poor countries.

The 2011 Trust Fund Annual Report (complete report) presents developments in the WBG’s TF portfolio for FY11 and the trends for the five-year period of FY07–FY11. It also illustrates results achieved on the ground for a selected group of TF-supported programs, discusses the status of ongoing TF reforms, and presents the World Bank’s financial management and reporting systems for TFs and the Single Audit for FY11.

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2011 TF Annual Report

2011 Additional Material

TF Annual Report 2011