The FY2009-FY2011 Medium-Term Administrative, Restructuring, and Capital Budgets

This paper presents for Executive Board approval proposals for the FY 09–11 medium–term administrative budget (MTB), a one-time multi-year appropriation to meet the costs of institutional restructuring (Restructuring Budget), and the FY 09 Capital Budget in the context of the FY 09–11 capital plan. It also proposes to carry forward the unused resources from the FY 08 administrative budget into the Restructuring Budget, to help defray the costs of the institutional restructuring.