FY27 World Bank Group Budget : Text for Public Disclosure

Overview & Synopsis

The WBG Budget Paper introduces a framework that integrates budget planning of IBRD/IDA, IFC, and MIGA while maintaining institution specific governance. A key change from prior years is the clear articulation of a shared strategic narrative aligned with the FY27-29 Strategy and Business Outlook (SBO), enabling stakeholders to view resource allocation decisions through a single, group-wide lens. By consolidating budget information, the paper improves transparency, comparability, and coherence across institutions, highlighting areas of synergy and group-wide efficiency gains, including integrated corporate functions. At the same time, structured disaggregation maintains clarity on distinct mandates, funding models, and stronger WBG governance and decision making.