Identity area

Reference code

WB IBRD/IDA COM-04

Title

Records on the Task Force on Cost Sharing and Local Cost Financing

Date(s)

  • 1968, 1985 - 1991 (Creation)

Level of description

Subfonds

Extent and medium

0.38 linear feet of textual records

Context area

Name of creator

Biographical history

The Task Force on Cost Sharing and Local Cost Financing was created by Senior Vice President of Operations [OPNSV] Moeen Qureshi in October 1989. The objectives of the task force were to review the Bank's implementation of its cost sharing policy and determine if any changes were needed as a result of the review.

The motivation for the Task Force originated in a June 13, 1989 meeting of the Bank's Board of Directors when questions from the Board were raised concerning the determination of the levels of local cost financing and cost sharing for individual projects within the context of the Bank's local cost financial policy. The policy, OMS 1.22 - Local Cost Financing and Cost Sharing, had been issued in September 1977.

A draft response to the Board's concerns was circulated internally by Bank management in July 1989 and a final response to the Board was distributed on October 2, 1989. The note contained background on past policies related to local cost financing and cost sharing (including OMS 1.22) andinformation about then-current implementation including in those projects discussed by the Board in June 1989.

The Task Force was officially created later in October 1989 to 1) review recent cost sharing experience in light of existing policy procedures (specifically OMS 1.22), and 2) recommend any needed changes in the guidelines resulting from that review. Changes to the OMS would be incorporated into a new Operational Directive 6.30 -- Cost Sharing and Local Cost Financing.

Randolph (Randy) Harris of the Central Operations Department (COD) served as chairman of the task force. (COD reported to OPNSV Moeen Qureshi, who oversaw and managed the Bank's Operations Complex.) The Task Force was made up of representatives from the four regional vice presidencies, Sector Policy & Research Vice Presidency (PREVP), Loan and Trust Funds Department (LOADR), General Counsel Vice Presidency (LEGVP), Strategic Planning & Review Department (SPRDR), Risk Management & Financial Policy Department (FRSDR), and two departments in the Development Economics & Chief Economist Vice Presidency (DECVP; Economic Advisory Staff [EASDR] and the Country Economics Department [CECDR]).

The Task Force's final report was submitted to Qureshi on May 31, 1990.

Archival history

Records were created and received by task force Chairman Randolph (Randy) Harris. While leading the Task Force, Harris was part of the Central Operations Department (COD) which reported to the Senior Vice President of Operations (OPNSV). In 1993, COD's functions were transferred into the new Operations Policy Department (OPR). Records were transferred to the Archives' custody as part of a larger transfer by the Operations Policy Department's Policy Group (OPRPG).

Immediate source of acquisition or transfer

Content and structure area

Scope and content

Sub-fonds consists of records created and received by Randolph Harris of the Central Operations Department (COD) while serving as Chairman of the Task Force on Cost Sharing and Local Cost Financing. Records consist of memoranda between Task Force members and drafts of the Task Force's final report. Records also consist of records related to communications with the World Bank Board of Executive Directors on the topic.

Appraisal, destruction and scheduling

Accruals

Accruals are not expected.

System of arrangement

Records are arranged chronologically. Original order has been maintained.

Conditions of access and use area

Conditions governing access

Records are subject to the World Bank Access to Information Policy.

Conditions governing reproduction

Records are subject to the Copyright Policy of the World Bank Group.

Language of material

  • English

Script of material

    Language and script notes

    Physical characteristics and technical requirements

    Finding aids

    Allied materials area

    Existence and location of originals

    Existence and location of copies

    Related units of description

    • Records of Temporary Committees, Commissions, and Boards - Records of the Task Force on Local Cost Financing under Adjustment Operations (WB IBRD/IDA COM-01).

    • See Records of the Office of Operations Policy (WB IBRD/IDA OP) for an organizational history of the Central Operations Department (COD).

    • Recordsof Individual Staff Members - Moeen Qureshi files (WB IBDR/IDA STAFF-26.

    Related descriptions

    Notes area

    Alternative identifier(s)

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    Genre access points

    Description control area

    Description identifier

    Institution identifier

    Rules and/or conventions used

    Internal World Bank Group Archives rules based on ISAD(G).

    Disclosure Status

    Level of detail

    Dates of creation revision deletion

    December 5, 2023

    Language(s)

      Script(s)

        Sources

        Accession area