How much of this trust fund portfolio is dedicated to health projects? According to statistics reported by the bank in 2013, about half of the cumulative commitments to financial intermediary funds to date was for the health sector (fig 1). In 2012-13 alone, cash contributions to financial intermediary funds for the health sector totalled around $3.9bn, or 37% of the total cash contributions to bank trust funds.9 The same year, recipient executed trust funds handed out about $430m to the health and social services sector, which represents around 4% of the total disbursements from bank trust funds (fig 2).9 17 Data are not available on bank executed trust fund financing for the health sector, but their relative contribution to the health sector is small as bank executed trust funds for all sectors accounted for just 6% of all trust fund disbursements in 2012-13.9 To put these numbers in perspective, IBRD/IDA lending for core health and social services projects was just over $5bn in 2012-13.18