Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021
This document presents the World Bank Group (WBG) Country Partnership Framework (CPF) withthe Lao People's Democratic Republic (Lao PDR) for 2017-2021. The WBG CPF aims at supportingLasting Accessible Opportunities for all including sustained...
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okr-10986-271472021-05-25T09:00:48Z Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 World Bank International Finance Corporation Multilateral Investment Guarantee Agency POLITICAL CONTEXT ECONOMIC GROWTH POVERTY DEVELOPMENT CHALLENGES GOVERNMENT STRATEGY STAKEHOLDER ENGAGEMENT FINANCIAL MANAGEMENT PARTNERSHIPS RISK MANAGEMENT GENDER This document presents the World Bank Group (WBG) Country Partnership Framework (CPF) withthe Lao People's Democratic Republic (Lao PDR) for 2017-2021. The WBG CPF aims at supportingLasting Accessible Opportunities for all including sustained green growth, improved access to humanand infrastructure services, and opportunities for all. The previous Country Partnership Strategy (CPS)2012-2016 built a solid foundation and a strong relationship with the Government of Lao PDR (GOL). The CPF supports the GOL's 8th National Socio-Economic Development Plan (NSEDP) for2016-2020. The 8th NSEDP introduces policies intended to put Lao PDR on a path to reduce povertyand promote shared prosperity in a sustainable manner, based on green growth principles. Lao PDR'sdevelopment has advanced greatly in the last two decades, although significant challenges remain.Incomes have risen, poverty has declined, access to several key public services has improved and asa result Lao PDR met a number of its Millennium Development Goals. With GDP growth averaging8 percent per year since 2000, Lao PDR today is a lower-middle income country with a GNI percapita of around US$1,740 in 2015. However, growth has been driven mainly by exploitation of itsabundant natural resources and has been less inclusive, resilient, and sustainable than for regional comparators. Widespread malnutrition and overall low consumption levels highlight the challenges that remain for the basic well-being of the country. 2017-06-14T20:25:01Z 2017-06-14T20:25:01Z 2017-03-01 Report http://documents.worldbank.org/curated/en/381061497445645649/main-report http://hdl.handle.net/10986/27147 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Country Assistance Strategy Document East Asia and Pacific Lao People's Democratic Republic |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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language |
English en_US |
topic |
POLITICAL CONTEXT ECONOMIC GROWTH POVERTY DEVELOPMENT CHALLENGES GOVERNMENT STRATEGY STAKEHOLDER ENGAGEMENT FINANCIAL MANAGEMENT PARTNERSHIPS RISK MANAGEMENT GENDER |
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POLITICAL CONTEXT ECONOMIC GROWTH POVERTY DEVELOPMENT CHALLENGES GOVERNMENT STRATEGY STAKEHOLDER ENGAGEMENT FINANCIAL MANAGEMENT PARTNERSHIPS RISK MANAGEMENT GENDER World Bank International Finance Corporation Multilateral Investment Guarantee Agency Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 |
geographic_facet |
East Asia and Pacific Lao People's Democratic Republic |
description |
This document presents the World Bank
Group (WBG) Country Partnership Framework (CPF) withthe Lao
People's Democratic Republic (Lao PDR) for 2017-2021.
The WBG CPF aims at supportingLasting Accessible
Opportunities for all including sustained green growth,
improved access to humanand infrastructure services, and
opportunities for all. The previous Country Partnership
Strategy (CPS)2012-2016 built a solid foundation and a
strong relationship with the Government of Lao PDR (GOL).
The CPF supports the GOL's 8th National Socio-Economic
Development Plan (NSEDP) for2016-2020. The 8th NSEDP
introduces policies intended to put Lao PDR on a path to
reduce povertyand promote shared prosperity in a sustainable
manner, based on green growth principles. Lao
PDR'sdevelopment has advanced greatly in the last two
decades, although significant challenges remain.Incomes have
risen, poverty has declined, access to several key public
services has improved and asa result Lao PDR met a number of
its Millennium Development Goals. With GDP growth averaging8
percent per year since 2000, Lao PDR today is a lower-middle
income country with a GNI percapita of around US$1,740 in
2015. However, growth has been driven mainly by exploitation
of itsabundant natural resources and has been less
inclusive, resilient, and sustainable than for regional
comparators. Widespread malnutrition and overall low
consumption levels highlight the challenges that remain for
the basic well-being of 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 the Lao People's Democratic Republic for the Period FY2017-FY2021 |
title_short |
Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 |
title_full |
Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 |
title_fullStr |
Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 |
title_full_unstemmed |
Country Partnership Framework for the Lao People's Democratic Republic for the Period FY2017-FY2021 |
title_sort |
country partnership framework for the lao people's democratic republic for the period fy2017-fy2021 |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/381061497445645649/main-report http://hdl.handle.net/10986/27147 |
_version_ |
1764463952978247680 |