The World Bank Annual Report 2003 : Volume 2. Financial Statements and Appendixes
The World Bank Annual Report for 2003, reviews the strategy and action pursued by the Bank, based on the Strategic Framework, and Strategic Directions (and Management Action Plan), focused on meeting the development challenges embodied in the Mille...
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| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/06/2617814/world-bank-annual-report-2003-vol-2-2 http://hdl.handle.net/10986/13930 |
| Summary: | The World Bank Annual Report for 2003,
reviews the strategy and action pursued by the Bank, based
on the Strategic Framework, and Strategic Directions (and
Management Action Plan), focused on meeting the development
challenges embodied in the Millennium Development Goals
(MDGs). To this end, the Bank sharpened its policies,
programs, and instruments to support its central mission of
reducing poverty, through improved performance monitoring,
and management, and improved harmonization of operational
policies, procedures, and practices among donors. The Bank
also considered other issues, such as its role in the
reconstruction of Iraq, the introduction of the grants
component in the 13th Replenishment of the International
Development Association (IDA), the Operation Evaluation
Department's (OED) review of the Heavily Indebted Poor
Countries (HIPC) Initiative, and, market access for exports
from developing countries. Methods for combating terrorism,
and money laundering were also considered during the period
under review. The document presents thematic (and regional)
perspectives based on two pillars - poverty reduction and
economic management - and how to invest in people, towards
an environmentally, and socially responsible growth, that
supports private sector development, infrastructure
development, financial management, and, promotes appropriate
legal and judicial systems. The second Volume presents the
financial statements for the period July 1, 2002 to June 30,
2003, reporting development activities (loans, guarantees,
and other activities), including liquidity management,
funding resources, and financial risk management. |
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