Country Partnership Framework for the Republic of Belarus for the Period of FY18-22

This Country Partnership Framework (CPF) for the Republic of Belarus covers the period FY18–22. It is aligned with the objectives of the Program of Activities of the Government of the Republic of Belarus 2016–2020 and is based on the findings of a...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/748191523557929050/Belarus-Country-partnership-framework-for-the-period-of-FY18-FY22
http://hdl.handle.net/10986/29703
Description
Summary:This Country Partnership Framework (CPF) for the Republic of Belarus covers the period FY18–22. It is aligned with the objectives of the Program of Activities of the Government of the Republic of Belarus 2016–2020 and is based on the findings of a World Bank Group Systematic Country Diagnostic (SCD). The CPF aims to support sustainable and inclusive growth and improve living standards and is aligned with the World Bank Group’s twin goals of eliminating extreme poverty and boosting shared prosperity. The CPF puts forward a program that is calibrated to the likely pace of policy reforms but adaptable to any changes. The CPF builds on the FY18 SCD. The SCD shows that a sustainable improvement in living standards will require economic, social, and institutional transformation, with an enhanced role for market forces and strengthened safety nets. The CPF focuses on the nexus between the SCD, Government priorities, the World Bank Group’s comparative advantage, and ongoing programs. The purpose of the FY18–22 CPF is to support sustainable and inclusive growth and improve living standards by focusing on three interlinked focus areas: a) creating opportunities for private sector to grow and for more efficient public investment; (b) maintaining the country’s human capital edge; and (c) improving the contribution of infrastructure to climate change management, economic growth, and human development. The CPF has continuity places greater emphasis on economic management, human capital development, and the environmental, economic and human development outcomes from infrastructure investment.