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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Main Authors: World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/381061497445645649/main-report
http://hdl.handle.net/10986/27147
id okr-10986-27147
recordtype oai_dc
spelling 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
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 POLITICAL CONTEXT
ECONOMIC GROWTH
POVERTY
DEVELOPMENT CHALLENGES
GOVERNMENT STRATEGY
STAKEHOLDER ENGAGEMENT
FINANCIAL MANAGEMENT
PARTNERSHIPS
RISK MANAGEMENT
GENDER
spellingShingle 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
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