Country Partnership Framework for the Republic of Ecuador for the Period of the FY19-FY23
The Country Partnership Framework (CPF) follows three distinct periods that have framed the World Bank Group’s (WBG’s) relationship with Ecuador. There was an extended period (FY07-FY14) in which the WBG had a limited dialogue with the Government o...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/633491560564064529/Ecuador-Country-Partnership-Framework-for-the-Period-of-the-FY19-FY23 http://hdl.handle.net/10986/31899 |
| Summary: | The Country Partnership Framework (CPF)
follows three distinct periods that have framed the World
Bank Group’s (WBG’s) relationship with Ecuador. There was an
extended period (FY07-FY14) in which the WBG had a limited
dialogue with the Government of Ecuador (GoE, the
Government), followed by a two-year period in which the
policy dialogue, analytical work and lending operations were
re-initiated in targeted areas of engagement, under the
framework of the FY14-FY15 Interim Strategy Note (ISN).
Finally, in early 2016 during a period of uncertainty amidst
a rapidly changing context, the WBG Country Engagement Note
for the period FY16-FY17 provided the structure for a
continued reengagement in limited, focused areas, and helped
develop deeper knowledge about Ecuador’s broader development
challenges through strategic analytical work that will help
advance towards the preparation of a broader, medium-term
engagement framework for the WBG. The CPF represents a
significant scale up of the WBG’s ongoing engagement in
Ecuador and requires the WBG, the World Bank (WB), the
International Finance Corporation (IFC) and the Multilateral
Investment Guarantee Agency (MIGA) to work in a closely
coordinated and complementary fashion in support of the CPF
objectives and program. The WB, IFC, and MIGA will continue
working together to deliver top quality support to Ecuador’s
efforts at building a thriving private sector, and maximize
finance for development, including in the design of
Development Policy Financing (DPF) operations. In this new
context, the WBG will be: (i) front-loading its financial
support for the current efforts at macro-stabilization,
revival of the private sector, and protection of the poor
and vulnerable; (ii) continuing to produce quality and
timely Advisory Services and Analytics (ASA); (iii)
increasing its partnership with other International
Financial Institutions (IFIs) and development partners; (iv)
continuing to look for investment opportunities with
companies in several sectors (e.g. agribusiness,
manufacturing and financial institutions) and where enabling
conditions are improved (e.g. mining), and (v) scaling its
dialogue with multiple stakeholders in the country,
including the private sector and civil society
organizations, to assure complementarity and the mutual
reinforcement of their agendas. The Performance and Learning
Review (PLR), scheduled for FY21, will provide the
opportunity to take stock of progress towards CPF objectives
and determine how best to adjust, continue, and deepen the
WBG’s engagement in Ecuador. |
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