Approach Paper: Oversight Study: The Evolution of Administrative Spending in the Inter-American Development Bank
The Board of Executive Directors is interested in exploring ways for the IDB to continue to reduce costs and increase efficiency. As part of OVE's work program and budget discussion for 2016-17, the Board requested that OVE include in its 2016 program a review of the Bank's administrative spending, with a goal of helping the Board and management identify opportunities for cost reductions. This exercise is not meant to be an evaluation per se, but rather an activity that fits more broadly under OVE's oversight mandate. OVE's goal is to shed light on cost patterns and trends to help the Board and management in their decision-making and governance roles.