ety, and media;
Strengthen country systems to fight corruption;
Increase emphasis on disclosure, participation, and third party monitoring in Bank operations;
Complement aggregate indicators with country monitoring and evaluation and disaggregated governance monitoring; and
Harmonize actions with donors and other actors.
IncorporatingOverview

The World Bank’s assistance to improving governance and combating corruption is aimed at helping countries deliver basic services better to the poor and create growth and employment opportunities by encouraging private investment—both means of lifting people out of poverty. The Bank also has a fiduciary responsibility to its stakeholders to ensure that development funds are used for the purpose intended, rather than jeopardized by corruption.

The Bank is scaling up its already substantial focus on governance assistance. On March 20, 2007, the Board of Directors unanimously endorsed the sector paper entitled “Strengthening World Bank Group Engagement on Governance and Anticorruption.” The paper was revised and improved following its presentation during the Annual Meetings in Singapore and incorporates feedback from consultations (November 2006 to January 2007) with governments, civil society, private sector, and multilateral and bilateral development partners, in 35 developing countries and 12 donor countries, four global events and through online web feedback—reaching a total of more than 3,200 stakeholders worldwide.

Key messages of the strategy included:

A call tostay engaged, even in poorly governed settings;
Engage not just with governments, but with a range of stakeholders, including non-executive institutions such as parliaments and the judiciary, the private sector, civil society, and media;
Strengthen country systems to fight corruption;
Increase emphasis on disclosure, participation, and third party monitoring in Bank operations;
Complement aggregate indicators with country monitoring and evaluation and disaggregated governance monitoring; and
Harmonize actions with donors and other actors.
Incorporating

ure that development funds are used for the purpose intended, rather than jeopardized by corruption.

The Bank is scaling up its already substantial focus on governance assistance. On March 20, 2007, the Board of Directors unanimously endorsed the sector paper entitled “Strengthening World Bank Group Engagement on Governance and Anticorruption.” The paper was revised and improved following its presentation during the Annual Meetings in Singapore and incorporates feedback from consultations (November 2006 to January 2007) with governments, civil society, private sector, and multilateral and bilateral development partners, in 35 developing countries and 12 donor countries, four global events and through online web feedback—reaching a total of more than 3,200 stakeholders worldwide.

Key messages of the strategy included:

A call tostay engaged, even in poorly governed settings;
Engage not just with governments, but with a range of stakeholders, including non-executive institutions such as parliaments and the judiciary, the private sector, civil society, and media;
Strengthen country systems to fight corruption;
Increase emphasis on disclosure, participation, and third party monitoring in Bank operations;
Complement aggregate indicators with country monitoring and evaluation and disaggregated governance monitoring; and
Harmonize actions with donors and other actors.
Incorporating

r was revised and improved following its presentation during the Annual Meetings in Singapore and incorporates feedback from consultations (November 2006 to January 2007) with governments, civil society, private sector, and multilateral and bilateral development partners, in 35 developing countries and 12 donor countries, four global events and through online web feedback—reaching a total of more than 3,200 stakeholders worldwide.

Key messages of the strategy included:

A call tostay engaged, even in poorly governed settings;
Engage not just with governments, but with a range of stakeholders, including non-executive institutions such as parliaments and the judiciary, the private sector, civil society, and media;
Strengthen country systems to fight corruption;
Increase emphasis on disclosure, participation, and third party monitoring in Bank operations;
Complement aggregate indicators with country monitoring and evaluation and disaggregated governance monitoring; and
Harmonize actions with donors and other actors.
Incorporating

web feedback—reaching a total of more than 3,200 stakeholders worldwide.

Key messages of the strategy included:

A call tostay engaged, even in poorly governed settings;
Engage not just with governments, but with a range of stakeholders, including non-executive institutions such as parliaments and the judiciary, the private sector, civil society, and media;
Strengthen country systems to fight corruption;
Increase emphasis on disclosure, participation, and third party monitoring in Bank operations;
Complement aggregate indicators with country monitoring and evaluation and disaggregated governance monitoring; and
Harmonize actions with donors and other actors.
Incorporating

ety, and media;
Strengthen country systems to fight corruption;
Increase emphasis on disclosure, participation, and third party monitoring in Bank operations;
Complement aggregate indicators with country monitoring and evaluation and disaggregated governance monitoring; and
Harmonize actions with donors and other actors.
Incorporating feedback from the consultations, the new strategy has three key pillars:

Building capable, transparent, and accountable institutions and country systems, through assistance to countries. Minimizing corruption in Bank-funded projects by assessing corruption risk in projects upstream, actively investigating allegations of fraud and corruption, and strengthening project oversight and supervision. Expanding partnerships with multilateral and bilateral development institutions, civil society, the private sector, and other actors in joint initiatives to address corruption