This document sets out the estimated administrative expenses of the World Bank, acting as Trustee for the Global Partnership for Education Fund (the “GPE Fund”) from July 1, 2024 to June 30, 2025 (FY25), for Board decision. It also provides an update of the estimated administrative expenses from July 1, 2023 to June 30, 2024 (FY24), including implementation of the foreign exchange (FX) management proposal.

Reference: BOD/2024/06 DOC 05