Policies & Procedures

World Bank projects and activities are governed by Operational Policies & Bank Procedures (OPs & BPs) that are designed to be economically, financially, socially and environmentally sound. The Bank's Operational Manual spells them out, and provides guidance on how to comply with them ("Bank Procedures" and "Good Practices").

Financial Management work is largely governed by:

• OP & BP 10.02 Financial Management
   
• OP & BP 8.60 Development Policy Lending, and
   
• OP & BP 12.0 Disbursement.