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Systematic Tracking of Exchanges in Procurement (STEP) STEP (Systematic Tracking of Exchanges in Procurement) is an online system that helps the World Bank and Borrowers plan, record, and track key stages of the procurement process under Investment Project Financing (IPF) projects. It is designed to help Borrowers achieve value for money in procurement by transforming data into knowledge, speeding up the procurement process, and improving accountability and transparency.

This section highlights results using World Bank corporate results indicators for projects supported by IBRD financing along with several featured projects. It also provides instructions to download project tables with allocation, impact and SDG mapping information.

2019 (FY19). Key financial indicators for the past five years are provided below in Box 1. Box 1. Key Financial Indicators, Fiscal Years 2015 - 2019 As of and for the fiscal years ended June 30 (US$ millions, unless otherwise stated) 2019 2018 2017 2016 2015 Guarantee Activities (See Section 4. Operational Performance)

By Theme Projects The World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.

Effectiveness Indicator System (“DEIS”). Between 3 and 10 outcome indicators are identified for each project and then tracked and monitored throughout the life of the guarantee on an annual basis. Principle 2 – Manage strategic impact on a portfolio basis: The Manager shall have a process to manage impact achievement on a portfolio basis.

Breach of Contract Currency Inconvertibility and Transfer Restriction Expropriation War and Civil Disturbance Non-Honoring of Financial Obligations Get Coverage Featured Projects MIGA guarantees protect investments against non-commercial risks and can help investors obtain access to funding sources with improved financial terms and conditions.

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.