Country Partnership Framework for Montenegro for the Period FY16-FY20

The Country Partnership Framework (CPF) for Montene gro covers the period from July 1, 2015 to June 30, 2020 (fiscal years 2016-2020). This CPF builds on the results and lessons of the previous World Bank Group (WBG) Country Partnership Strategy (C...

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Bibliographic Details
Main Authors: World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/06/26407312/montenegro-country-partnership-framework-period-fy16-fy20
http://hdl.handle.net/10986/24591
id okr-10986-24591
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic NEW MARKET
ADVISORY SERVICES
MONETARY POLICY
DEPOSIT
CAPITAL MARKETS
UNEMPLOYMENT RATES
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
PEOPLE
ENVIRONMENTAL PROTECTION
CAPITAL ACCUMULATION
WASTE MANAGEMENT
PUBLIC-PRIVATE PARTNERSHIPS
ETHNIC MINORITIES
FINANCING
BRIBES
FISCAL DEFICITS
DISPOSABLE INCOME
LOAN-TO-DEPOSIT RATIO
INTEREST
CARBON
ENVIRONMENTAL PROBLEMS
EXPECTATIONS
GUARANTEES
PRIVATIZATION
ENROLLMENT
BARRIERS TO EMPLOYMENT
RESOURCE MANAGEMENT
CREDIT CRUNCH
HEAVY METALS
POLITICAL ECONOMIES
ECONOMIC DEVELOPMENTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
RESOURCE ALLOCATION
LABOR FORCE
ETHNIC GROUPS
REVENUES
ENVIRONMENTAL ISSUES
MORTGAGE
WELFARE
ENDOWMENTS
INCENTIVES
LOAN
MODELS
LABOR FORCE PARTICIPATION
CORRUPTION
TAX LEGISLATION
SUSTAINABLE DEVELOPMENT
PAYMENTS
INTERNATIONAL BANK
ACCESS TO EDUCATION
MINORITY POPULATIONS
INTERNATIONAL FINANCE
LABOR MARKET
FISCAL POLICIES
INEQUITABLE ACCESS
SAVINGS
PUBLIC-PRIVATE PARTNERSHIP
GENDER GAP
FINANCIAL INSTITUTION
GOVERNMENT POLICY
EDUCATIONAL ATTAINMENT
UNION
CURRENT ACCOUNT
GROWTH OPPORTUNITIES
VULNERABLE HOUSEHOLDS
OPERATIONAL COSTS
FINANCES
OPTIONS
LABOR PRODUCTIVITY
DEBT
PRIVATE INVESTMENT
LIMITED ACCESS
FINANCING NEEDS
POLLUTION
POLICY DESIGN
LOANS
ENTERPRISES
NATURAL RESOURCES
DEBT SERVICE
CAPITAL INVESTMENTS
METALS
GENDER ISSUES
ECONOMIC REFORM
REAL ESTATE
FINANCE
EFFICIENCY
FINANCING COSTS
PUBLIC INVESTMENT
TAXES
INVESTMENT DECISIONS
EFFECTIVE USE
BANKS
FISCAL DEFICIT
EXPENDITURE
RESOURCES
MARKET ECONOMY
UNEMPLOYMENT
ENERGY CONSUMPTION
EQUITY
LOAN REPAYMENT
CONSUMPTION
GENDER GAPS
INTEREST PAYMENTS
DOMESTIC VIOLENCE
RURAL COMMUNITIES
GENDER SEGREGATION
CAPITAL
WAGES
CLIMATE CHANGE
ENVIRONMENTAL MANAGEMENT
VALUES
GENDER
BANK
FOREIGN DIRECT INVESTMENT
CREDIT
VULNERABLE GROUPS
ENVIRONMENTAL IMPACTS
DEMAND
SUSTAINABLE GROWTH
URBAN AREAS
PUBLIC EXPENDITURES
HOUSEHOLD
REPAYMENT
EXPENDITURES
ENTERPRISE
PROPERTY
JOB CREATION
EMPLOYMENT GROWTH
MIGRANT WORKERS
ENVIRONMENT
BUSINESS CONFIDENCE
DIVERSIFICATION
WASTE DISPOSAL
TAX REVENUE
PROFITABILITY
ENERGY EFFICIENCY
HUMAN RIGHTS
ECONOMIC DEVELOPMENT
TRADE
ECONOMIC OPPORTUNITIES
FINANCIAL SECTOR ASSESSMENT
LAND
SECURITY
ECONOMIES OF SCALE
FINANCIAL MARKET
INVESTMENT
COMMERCIAL BANKS
HOUSEHOLDS
COMPARATIVE ADVANTAGE
PUBLIC PARTICIPATION
EQUALITY
PUBLIC FINANCES
COAL
EXTERNAL SHOCKS
REVENUE
HIGH UNEMPLOYMENT
STUDENTS
SCIENTIFIC RESEARCH
INVESTMENTS
BORROWING
RISK MANAGEMENT
RECYCLING
HOUSEHOLD WELFARE
EXTERNAL FINANCING
GUARANTEE AGENCY
EXCHANGE RATE
FISCAL DISCIPLINE
FAMILIES
WOMEN
IDENTITY DOCUMENTS
ENVIRONMENTAL
ARREARS
WETLANDS
PRICES
GUARANTEE
ECONOMIES
GENDER EQUALITY
DISABLED
PUBLIC GOODS
spellingShingle NEW MARKET
ADVISORY SERVICES
MONETARY POLICY
DEPOSIT
CAPITAL MARKETS
UNEMPLOYMENT RATES
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
PEOPLE
ENVIRONMENTAL PROTECTION
CAPITAL ACCUMULATION
WASTE MANAGEMENT
PUBLIC-PRIVATE PARTNERSHIPS
ETHNIC MINORITIES
FINANCING
BRIBES
FISCAL DEFICITS
DISPOSABLE INCOME
LOAN-TO-DEPOSIT RATIO
INTEREST
CARBON
ENVIRONMENTAL PROBLEMS
EXPECTATIONS
GUARANTEES
PRIVATIZATION
ENROLLMENT
BARRIERS TO EMPLOYMENT
RESOURCE MANAGEMENT
CREDIT CRUNCH
HEAVY METALS
POLITICAL ECONOMIES
ECONOMIC DEVELOPMENTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
RESOURCE ALLOCATION
LABOR FORCE
ETHNIC GROUPS
REVENUES
ENVIRONMENTAL ISSUES
MORTGAGE
WELFARE
ENDOWMENTS
INCENTIVES
LOAN
MODELS
LABOR FORCE PARTICIPATION
CORRUPTION
TAX LEGISLATION
SUSTAINABLE DEVELOPMENT
PAYMENTS
INTERNATIONAL BANK
ACCESS TO EDUCATION
MINORITY POPULATIONS
INTERNATIONAL FINANCE
LABOR MARKET
FISCAL POLICIES
INEQUITABLE ACCESS
SAVINGS
PUBLIC-PRIVATE PARTNERSHIP
GENDER GAP
FINANCIAL INSTITUTION
GOVERNMENT POLICY
EDUCATIONAL ATTAINMENT
UNION
CURRENT ACCOUNT
GROWTH OPPORTUNITIES
VULNERABLE HOUSEHOLDS
OPERATIONAL COSTS
FINANCES
OPTIONS
LABOR PRODUCTIVITY
DEBT
PRIVATE INVESTMENT
LIMITED ACCESS
FINANCING NEEDS
POLLUTION
POLICY DESIGN
LOANS
ENTERPRISES
NATURAL RESOURCES
DEBT SERVICE
CAPITAL INVESTMENTS
METALS
GENDER ISSUES
ECONOMIC REFORM
REAL ESTATE
FINANCE
EFFICIENCY
FINANCING COSTS
PUBLIC INVESTMENT
TAXES
INVESTMENT DECISIONS
EFFECTIVE USE
BANKS
FISCAL DEFICIT
EXPENDITURE
RESOURCES
MARKET ECONOMY
UNEMPLOYMENT
ENERGY CONSUMPTION
EQUITY
LOAN REPAYMENT
CONSUMPTION
GENDER GAPS
INTEREST PAYMENTS
DOMESTIC VIOLENCE
RURAL COMMUNITIES
GENDER SEGREGATION
CAPITAL
WAGES
CLIMATE CHANGE
ENVIRONMENTAL MANAGEMENT
VALUES
GENDER
BANK
FOREIGN DIRECT INVESTMENT
CREDIT
VULNERABLE GROUPS
ENVIRONMENTAL IMPACTS
DEMAND
SUSTAINABLE GROWTH
URBAN AREAS
PUBLIC EXPENDITURES
HOUSEHOLD
REPAYMENT
EXPENDITURES
ENTERPRISE
PROPERTY
JOB CREATION
EMPLOYMENT GROWTH
MIGRANT WORKERS
ENVIRONMENT
BUSINESS CONFIDENCE
DIVERSIFICATION
WASTE DISPOSAL
TAX REVENUE
PROFITABILITY
ENERGY EFFICIENCY
HUMAN RIGHTS
ECONOMIC DEVELOPMENT
TRADE
ECONOMIC OPPORTUNITIES
FINANCIAL SECTOR ASSESSMENT
LAND
SECURITY
ECONOMIES OF SCALE
FINANCIAL MARKET
INVESTMENT
COMMERCIAL BANKS
HOUSEHOLDS
COMPARATIVE ADVANTAGE
PUBLIC PARTICIPATION
EQUALITY
PUBLIC FINANCES
COAL
EXTERNAL SHOCKS
REVENUE
HIGH UNEMPLOYMENT
STUDENTS
SCIENTIFIC RESEARCH
INVESTMENTS
BORROWING
RISK MANAGEMENT
RECYCLING
HOUSEHOLD WELFARE
EXTERNAL FINANCING
GUARANTEE AGENCY
EXCHANGE RATE
FISCAL DISCIPLINE
FAMILIES
WOMEN
IDENTITY DOCUMENTS
ENVIRONMENTAL
ARREARS
WETLANDS
PRICES
GUARANTEE
ECONOMIES
GENDER EQUALITY
DISABLED
PUBLIC GOODS
World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
Country Partnership Framework for Montenegro for the Period FY16-FY20
geographic_facet Europe and Central Asia
Montenegro
description The Country Partnership Framework (CPF) for Montene gro covers the period from July 1, 2015 to June 30, 2020 (fiscal years 2016-2020). This CPF builds on the results and lessons of the previous World Bank Group (WBG) Country Partnership Strategy (CPS), which originally covered the period July 1, 2011 to June 30, 2014, and was subsequently extended to June 30, 2015.The one-year CPS) extension was intended to provide greater clarity on the country’s medium-term macro-fiscal framework as a basis for the new CPF, and to give additional time to make progress on improving environmental management, a key pillar of the CPS. The new CPF seeks to address the top priorities identified by the recently completed Systematic Country Diagnostic (SCD) as those that Montenegro needs to most urgently tackle to advance in its path towards shared prosperity and sustainable development. The CPF will selectively support Montenegro’s development agenda outlined in the Montenegro Development Directions (MDD) 2015-2018, Economic Reform program (ERP) 2015-2017 and the Montenegro European Union (EU) Accession Program 2014-17. The WBG strategy will continue to support, and be aligned with, Montenegro’s EU accession and integration process. The formulation of the new CPF benefitted from extensive consultations held in October 2015 and in January and March 2016, and involving several line ministries, municipalities, civil society, academia, and private sector across various regions of the country, as well as representatives of the international development community. The resulting proposal for engagement under the FY16-20 CPF reflects a broad consensus of a wide range of stakeholders and a shared understanding of development priorities and challenges facing the country.
format Report
author World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
author_facet World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
author_sort World Bank
title Country Partnership Framework for Montenegro for the Period FY16-FY20
title_short Country Partnership Framework for Montenegro for the Period FY16-FY20
title_full Country Partnership Framework for Montenegro for the Period FY16-FY20
title_fullStr Country Partnership Framework for Montenegro for the Period FY16-FY20
title_full_unstemmed Country Partnership Framework for Montenegro for the Period FY16-FY20
title_sort country partnership framework for montenegro for the period fy16-fy20
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/06/26407312/montenegro-country-partnership-framework-period-fy16-fy20
http://hdl.handle.net/10986/24591
_version_ 1764457129751609344
spelling okr-10986-245912021-05-25T08:49:07Z Country Partnership Framework for Montenegro for the Period FY16-FY20 World Bank International Finance Corporation Multilateral Investment Guarantee Agency NEW MARKET ADVISORY SERVICES MONETARY POLICY DEPOSIT CAPITAL MARKETS UNEMPLOYMENT RATES GOVERNMENT EXPENDITURES ECONOMIC GROWTH PEOPLE ENVIRONMENTAL PROTECTION CAPITAL ACCUMULATION WASTE MANAGEMENT PUBLIC-PRIVATE PARTNERSHIPS ETHNIC MINORITIES FINANCING BRIBES FISCAL DEFICITS DISPOSABLE INCOME LOAN-TO-DEPOSIT RATIO INTEREST CARBON ENVIRONMENTAL PROBLEMS EXPECTATIONS GUARANTEES PRIVATIZATION ENROLLMENT BARRIERS TO EMPLOYMENT RESOURCE MANAGEMENT CREDIT CRUNCH HEAVY METALS POLITICAL ECONOMIES ECONOMIC DEVELOPMENTS BALANCE OF PAYMENTS FINANCIAL RESOURCES RESOURCE ALLOCATION LABOR FORCE ETHNIC GROUPS REVENUES ENVIRONMENTAL ISSUES MORTGAGE WELFARE ENDOWMENTS INCENTIVES LOAN MODELS LABOR FORCE PARTICIPATION CORRUPTION TAX LEGISLATION SUSTAINABLE DEVELOPMENT PAYMENTS INTERNATIONAL BANK ACCESS TO EDUCATION MINORITY POPULATIONS INTERNATIONAL FINANCE LABOR MARKET FISCAL POLICIES INEQUITABLE ACCESS SAVINGS PUBLIC-PRIVATE PARTNERSHIP GENDER GAP FINANCIAL INSTITUTION GOVERNMENT POLICY EDUCATIONAL ATTAINMENT UNION CURRENT ACCOUNT GROWTH OPPORTUNITIES VULNERABLE HOUSEHOLDS OPERATIONAL COSTS FINANCES OPTIONS LABOR PRODUCTIVITY DEBT PRIVATE INVESTMENT LIMITED ACCESS FINANCING NEEDS POLLUTION POLICY DESIGN LOANS ENTERPRISES NATURAL RESOURCES DEBT SERVICE CAPITAL INVESTMENTS METALS GENDER ISSUES ECONOMIC REFORM REAL ESTATE FINANCE EFFICIENCY FINANCING COSTS PUBLIC INVESTMENT TAXES INVESTMENT DECISIONS EFFECTIVE USE BANKS FISCAL DEFICIT EXPENDITURE RESOURCES MARKET ECONOMY UNEMPLOYMENT ENERGY CONSUMPTION EQUITY LOAN REPAYMENT CONSUMPTION GENDER GAPS INTEREST PAYMENTS DOMESTIC VIOLENCE RURAL COMMUNITIES GENDER SEGREGATION CAPITAL WAGES CLIMATE CHANGE ENVIRONMENTAL MANAGEMENT VALUES GENDER BANK FOREIGN DIRECT INVESTMENT CREDIT VULNERABLE GROUPS ENVIRONMENTAL IMPACTS DEMAND SUSTAINABLE GROWTH URBAN AREAS PUBLIC EXPENDITURES HOUSEHOLD REPAYMENT EXPENDITURES ENTERPRISE PROPERTY JOB CREATION EMPLOYMENT GROWTH MIGRANT WORKERS ENVIRONMENT BUSINESS CONFIDENCE DIVERSIFICATION WASTE DISPOSAL TAX REVENUE PROFITABILITY ENERGY EFFICIENCY HUMAN RIGHTS ECONOMIC DEVELOPMENT TRADE ECONOMIC OPPORTUNITIES FINANCIAL SECTOR ASSESSMENT LAND SECURITY ECONOMIES OF SCALE FINANCIAL MARKET INVESTMENT COMMERCIAL BANKS HOUSEHOLDS COMPARATIVE ADVANTAGE PUBLIC PARTICIPATION EQUALITY PUBLIC FINANCES COAL EXTERNAL SHOCKS REVENUE HIGH UNEMPLOYMENT STUDENTS SCIENTIFIC RESEARCH INVESTMENTS BORROWING RISK MANAGEMENT RECYCLING HOUSEHOLD WELFARE EXTERNAL FINANCING GUARANTEE AGENCY EXCHANGE RATE FISCAL DISCIPLINE FAMILIES WOMEN IDENTITY DOCUMENTS ENVIRONMENTAL ARREARS WETLANDS PRICES GUARANTEE ECONOMIES GENDER EQUALITY DISABLED PUBLIC GOODS The Country Partnership Framework (CPF) for Montene gro covers the period from July 1, 2015 to June 30, 2020 (fiscal years 2016-2020). This CPF builds on the results and lessons of the previous World Bank Group (WBG) Country Partnership Strategy (CPS), which originally covered the period July 1, 2011 to June 30, 2014, and was subsequently extended to June 30, 2015.The one-year CPS) extension was intended to provide greater clarity on the country’s medium-term macro-fiscal framework as a basis for the new CPF, and to give additional time to make progress on improving environmental management, a key pillar of the CPS. The new CPF seeks to address the top priorities identified by the recently completed Systematic Country Diagnostic (SCD) as those that Montenegro needs to most urgently tackle to advance in its path towards shared prosperity and sustainable development. The CPF will selectively support Montenegro’s development agenda outlined in the Montenegro Development Directions (MDD) 2015-2018, Economic Reform program (ERP) 2015-2017 and the Montenegro European Union (EU) Accession Program 2014-17. The WBG strategy will continue to support, and be aligned with, Montenegro’s EU accession and integration process. The formulation of the new CPF benefitted from extensive consultations held in October 2015 and in January and March 2016, and involving several line ministries, municipalities, civil society, academia, and private sector across various regions of the country, as well as representatives of the international development community. The resulting proposal for engagement under the FY16-20 CPF reflects a broad consensus of a wide range of stakeholders and a shared understanding of development priorities and challenges facing the country. 2016-06-22T19:08:54Z 2016-06-22T19:08:54Z 2016-05-24 Report http://documents.worldbank.org/curated/en/2016/06/26407312/montenegro-country-partnership-framework-period-fy16-fy20 http://hdl.handle.net/10986/24591 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Country Focus :: Country Assistance Strategy Document Europe and Central Asia Montenegro