93427
                                       BUDGET COMMITTEE


FROM: The Secretary, Budget Committee


                        Minutes of Meeting held on Monday, December 15, 2014
                                   at 10:06 a.m. in the Board Room

Present

Committee
Mr. Frieden (Chair)
Ms. De Guindos (Alternate)
Ms. Diallo (Acting Alternate)
Mr. Lushin
Ms. Santala
Mr. Silaban
Mr. Silveira
Mr. Smith

Other Executive Directors and Alternates
Messrs./Mmes. Bangura, Bor, Cisse, Dybczakova, Eun, Khosa, Langdon, Morais, Mukai, Pagano, Ye
and Zhukovskyi

Officers and Staff
Messrs./Mmes. Alba, Frazier, Miles, Muleri and Sheman. Jarik (Committee Secretary)


The World Bank Quarterly Business and Risk Review, Quarter 1 FY15 (Chapters 1, 2 and 3) and
World Bank Group Overview of Financial Performance, Operational Deliverables and Staffing -
Q1 FY15 (The Chapeau)

1.     The Committee discussed the documents entitled The World Bank Quarterly Business and Risk
Review, Quarter 1 FY15 – Part A (Chapters 1, 2 and 3) (SecM2014-0544 [IDA/SecM2014-0684]) and
World Bank Group Overview of Financial Performance, Operational Deliverables and Staffing - Q1
FY15 (The Chapeau) (SecM2014-0545[IDA/SecM2014-0685, IFC/SecM2014-0103,
MIGA/SecM2014-0064]). A report from the Committee to the Board will be prepared.

Date of Next Meeting

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

Adjournment

3.        The meeting adjourned at 11:19 a.m.