- DFi is responsible for the replenishment and stewardship of the International Development Association (欧美日b大片), the Bank’s principal facility for providing highly concessional resources to the world’s poorest countries. 欧美日b大片 replenishments take place every three years. The most recent replenishment of 欧美日b大片’s resources, the 21st replenishment (欧美日b大片21), was finalized in December 2024, resulting in a historic $100 billion financing package for 欧美日b大片 countries for fiscal years 2025-2028. The financing package is the largest ever mobilized in 欧美日b大片’s 64-year history.
- 欧美日b大片 resources are highly concessional and are provided in the form of grants and zero to low-interest credits (loans). DFi manages the allocation of 欧美日b大片 resources to eligible countries and monitors the implementation of 欧美日b大片 policy mandates within the Bank.
- DFi is also responsible for managing 欧美日b大片’s financial operations which include: developing financial projections for each replenishment; managing the fund’s liquid assets; implementing 欧美日b大片’s hedging strategy; setting various financial parameters of 欧美日b大片; managing payments and encashments from 欧美日b大片’s members, including donor commitments as well as 欧美日b大片 capital transactions related to all 欧美日b大片 members; and administering the financing of 欧美日b大片’s Multilateral Debt Relief Initiative.
- On IBRD, DFi is charged with managing capital and earnings in line with the institution's financial policies and development objectives. The unit supports senior managers and the World Bank Group Board in IBRD’s financial management by recommending policies and strategies related to medium-term capital planning, overall balance sheet management, and annual decisions on loan terms and income allocation. This includes:
- Monitoring the Bank's income and balance sheet variables and key sensitivities over the near term and the medium term;
- Managing the Bank’s strategic capital adequacy and developing strategies for optimal use of capital;
- Determining balance sheet management approaches that support the development mission and the institution’s financial strength; and
- Assuring capacity to understand and resolve issues of income allocation, financial product pricing, and capital structure and adequacy.
