73502       FROM: Vice President and Corporate Secretary     Minutes of Joint Meeting of the Executive Directors of the Bank and IDA,   and the Boards of Directors of IFC and MIGA, held in the Board Room on Tuesday, October 23, 2012, at 10:37 a.m.       1. There were present: CHAIR:   S.M. Indrawati, Managing Director   EXECUTIVE DIRECTORS AND ALTERNATES ACTING AS EXECUTIVE DIRECTORS:   M. Al-Sheikh D. Kalyalya (Alternate)   M. Ayesu (Temporary Alternate) M.S. Kayad (Alternate) D. Bohan (Alternate) E. Miagkov (Alternate)   E. Bonaccorsi di Patti (Temporary Alternate) R. Mokate A. Brandt M.-L. Morin   F,A. Camarasa S. Nanu (Alternate) J. Frieden M.N. Prasad   M. Garcia I. Solomon M. Hasan R. Studart   I. Hoven Y. Takamura (Alternate) K. Huber J. Whitehead   S. James (Alternate) S. Yang J.-P. Julia (Alternate)   ALTERNATES NOT ACTING AS EXECUTIVE DIRECTORS:     A. Alkaffas V. Daza Foronda I. Alturki B. Han G. Alzetta M. Muhtar S. Aviel W. Rissmann G. Balcytyte W. Szczuka J.J. Bravo M. Tareque This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.    -2-     OFFICERS AND STAFF PARTICIPATING:   J. Familiar, Vice President and C.O. Seydi, Director, CAFEO   Corporate Secretary N. Twose, Director, CDIDR A.-M. Leroy, Senior Vice President and I. Andersen, CFPIR   Group General Counsel, LEGVP A. Bjerde, AFTSN C. Heider, Director General, IEGDG H. de Leede, CFPIR   M. Wormser, Vice President and R. Radji, AFMBI* Chief Operating Officer, MIGCO M. Tembon, AFMBF*   M. Diop, Vice President, AFRVP J. Tominaga, IEGCC A. Van Trotsenburg, Vice President, CFPVP R. White, AFTU1   J. Von Amsberg, Vice President and A. Zeufack, AFTP5 Head of Network, OPSVP F. Boutin-Dufresne, IMF   A. Bassani, Director, CFPIR O. Williams, IMF P. Dongier, Director, AFCE1 L. Ikiring, Corporate Secretary   *Via Videoconference   Welcome to New Executive Director   2. The Chair welcomed Mr. Mohammed Al-Sheikh who was attending his first meeting as the   Executive Director.   IEG Consolidated Report: Results and Performance of the World Bank Group 2012, and World Bank Group Management Comments   3. The Executive Directors discussed and noted the IEG consolidated report Results and   Performance of the World Bank Group 2012, including World Bank Group Management Comments (R2012-0175/1[IDA/R2012-0209/1, IFC/R2012-0284/1, MIGA/R2012-0054/1], dated September 17 and   October 9, 2012, respectively). (The Chair’s Summing Up of the discussion was subsequently distributed as SU2012-0031[IDA/SU2012-0029, IFC/SU2012-0028, MIGA/SU2012-0009], dated October 25, 2012.)   Burundi - Country Assistance Strategy   4. The Executive Directors discussed the joint IDA-IFC Country Assistance Strategy for Burundi   for the period FY2013-FY2016   (IDA/R2012-0236[IFC/R2012-0311], dated September 28, 2012). (The Chair’s Summing Up of the discussion was subsequently distributed as IDA/SU2012-0030[IFC/SU2012-0029], dated October 25, 2012.) Burundi - Development Policy Grant - Sixth Economic Reform Support Operation (ERSG VI) 5. The Executive Directors considered the President's Memorandum and Recommendation (IDA/R2012-0238, dated September 28, 2012) and approved the Sixth Economic Reform Support Grant (ERSG VI) to Burundi in the amount of SDR 16.5 million (US$25 million equivalent) on the terms and conditions set out in the President’s Memorandum. This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.    -3-     Tanzania - Program-for-Results Financing (Credit) - Urban Local Government Strengthening   Program   6. The Executive Directors considered the President’s Memorandum and Recommendation (IDA/R2012-0241, dated October 2, 2012) and approved the program-for-results financing credit to   Tanzania for an Urban Local Government Strengthening Program in the amount of SDR 167.6 million (US$255 million equivalent) on the payment terms and other terms and conditions set out in the   President’s Memorandum.   Oral Briefing on IDA Working Groups   7. Management briefed the Executive Directors on the IDA16 working group meetings that took place in conjunction with the 2012 Annual Meetings.   Minutes of Previous Meeting   8. The Executive Directors recorded their approval on September 24, 2012 of the Minutes of the   joint meeting held on September 6, 2012 (M2012-0068[IDA/M2012-0068, IFC/M2012-0060, MIGA/M2012-0033]).   Proposal for the Appointment of Members of the Access to Information Appeals Board   9. The Executive Directors recorded their approval on October 1, 2012 of the recommendation   contained in paragraph 5 of the President's Memorandum entitled "Proposal for the Appointment of Members of the Access to Information Appeals Board" (R2012-0197[IDA/R2012-0234,   IFC/R2012-0308, MIGA/R2012-0060], dated September 19, 2012).   Board Effectiveness Reforms   10. The Executive Directors recorded their approval on October 2, 2012 of the recommendation contained in paragraph 2 of the document entitled "Board Effectiveness Reforms"   (R2012-0199[IDA/R2012-0235, IFC/R2012-0309, MIGA/R2012-0061], dated September 21, 2012).   Executive Directors' Travel to Member Countries Outside Constituencies (Group Travel) 2012-2014 Board Program - Initial Trips to Eastern and Southern Africa and East Asia and Pacific     11. The Executive Directors recorded their approval on October 17, 2012 of the recommendation contained in paragraph 4 of the document entitled "Executive Directors' Travel to Member Countries Outside Constituencies (Group Travel) 2012-2014 Board Program - Initial Trips to Eastern and Southern Africa and East Asia and Pacific" (R2012-0207[IDA/R2012-0255, IFC/R2012-0322, MIGA/R2012-0062], dated October 5, 2012). This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.    -4-     Revised Mandate - Director General Evaluation (DGE), Revised Terms of Reference - Independent   Evaluation Group (IEG)   12. The Executive Directors recorded their approval on October 18, 2012 of the recommendation contained in the President's Memorandum entitled "Revised Mandate - Director General Evaluation   (DGE), and Revised Terms of Reference - Independent Evaluation Group (IEG)" (R2012-0193[IFC/R2012-0299, MIGA/R2012-0058], dated October 9, 2012).   Date of Next Meeting   13. It was agreed to hold a meeting of the Executive Directors of the Bank and IDA on Thursday,   October 25, 2012.   Adjournment   14. The meeting recessed at 1:30 p.m., reconvened at 2:37 p.m., and adjourned at 3:45 p.m.                       This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization.