70448
                                       BUDGET COMMITTEE


FROM: The Secretary, Budget Committee

                            Minutes of Meeting Held Monday, May 21, 2012
                                   at 10:05 a.m. in the Board Room

Present

Committee
Mr. Treffers (Chairman)
Mr. Bangura (Acting Alternate)
Mr. Dib (Alternate)
Mr. Hasan
Mr. Misyukovets (Acting Alternate)
Mr. Panov (Acting Alternate)
Mr. Szczuka (Alternate)
Mr. Takamura (Alternate)
Mr. Taha

Other Executive Directors and Alternates
Messrs./Mmes. Ayesu, Bor, Chan, Feidieker, Gooch, Hernandez, Julia, Li, Liu, Mufarrij, Mya, Nanu,
Nishino, Pasi, Rissmann, Ruggiero, Solvala, Suescun, Tchatchouang, Thakur and Ubelis

Officers and Staff
Messrs./Mmes. Aviles, Bakker, Castro, Chang, Cui, Finneran, Frazier, Gupta, Kirby-Zaki, Matthan,
Mendis, McGrath, Miles, Muleri, Nenova, Ordu, Poffley, Pulley, Ravi, Saraogi, Schermerhorn, Sevimli,
Shyam-Sunder and Jarik (Committee Secretary)

The World Bank Quarterly Business and Risk Review: FY12 Q3 (Part A)

1.    The Committee discussed the document entitled The World Bank Quarterly Business and
Risk Review: FY12 Q3 (Part A) (SecM2012-0211; IDA/SecM2012-0258; IFC/SecM2012-0030;
MIGA/SecM2012-0012). The highlights and conclusions of the discussion were circulated to the Board
(BC/GS2012-0009).

Record of Previous Approvals

2.    The Committee recorded its approval of the minutes of the meetings of September 12
(BC/M2012-0001), November 21 (BC/M2012-0002) and December 11, 2011 (BC/M2012-0003).

Date of Next Meeting

3.        The Committee was scheduled to meet in the afternoon.

Adjournment

4.        The meeting adjourned at 11:32 a.m.