BUDGET COMMITTEE


FROM: The Secretary, Budget Committee


                          Minutes of Meeting held on Monday, May 22, 2017
                                   at 2:40 p.m. in the Board Room

Present

Committee
Mr. Pagano (Chairman)
Mr. Bencze (Temporary Alternate)
Ms. Ehui (Temporary Alternate)
Mr. Gruber
Ms. Hogan
Ms. Roberts (Alternate)
Ms. Sirinupongs (Alternate)
Mr. Sumra (Temporary Alternate)

Other Executive Directors and Alternates
Messrs./Mmes. Almutairi, Bangura, Castets, Diaz Palacios, Farnoux, Filartiga Cantero, Finaish, Fujii,
Hoettcke, Hurim, Kachur, Lu, Maleka, Mihaylova, Mills, Naradate, Yadav and Yang

Officers and Staff
Messrs./Mmes. Amin, Bassani, Frazier, Koeberle, Lucas, Meighan, Mountfield, Peschka, So and von
Friedeburg. Muleri (Committee Secretary)


IFC’s Quarterly Report to the Board - FY17 Quarter 3 (July 1, 2016 – March 31, 2017)

1.     The Committee discussed the document entitled IFC’s Quarterly Report to the Board - FY17
Quarter 3 (July 1, 2016 - March 31, 2017) (IFC/SecM2017-0063). A report from the Committee to the
Board was prepared.

The World Bank Quarterly Business and Risk Review - Quarter 3 FY17 (Part A) (Chapters 1, 2
and 3) and the World Bank Group Overview of Financial Performance, Operational Deliverables
and Staffing FY17 Q3 ("The Chapeau")

2.      The Committee discussed the documents entitled The World Bank Quarterly Business and Risk
Review - Quarter 3 FY16 (Part A) (Chapters 1, 2 and 3) (SecM2017-0164 [IDA/SecM2017-0076,
IFC/SecM2017-0062, MIGA/SecM2017-0050]) and the World Bank Group Overview of Financial
Performance, Operational Deliverables and Staffing FY17 Q3 ("The Chapeau") (SecM2017-0163
[IDA/SecM2017-0075, IFC/SecM2017-0061, MIGA/SecM2017-0049]). A report from the Committee to
the Board was prepared.

Date of Next Meeting

3.        The Committee was scheduled to meet jointly with CODE on May 31, 2017.

Adjournment

4.        The meeting adjourned at 4:30 p.m.