Brazil - Minas Gerais - World Bank Partnership : Building on a Strong Foundation and Leading to Next Steps
This document, Minas Gerais World Bank partnership: building on a strong foundation and leading to next steps, points the direction for next steps and emphasizes the elements and principles of a possible follow-up operation to the Development Polic...
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Format: | Policy Note |
Language: | English |
Published: |
2012
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Online Access: | http://documents.worldbank.org/curated/en/2007/06/8467698/brazil-minas-gerais-world-bank-partnership-building-strong-foundation-leading-next-steps http://hdl.handle.net/10986/7878 |
Summary: | This document, Minas Gerais World Bank
partnership: building on a strong foundation and leading to
next steps, points the direction for next steps and
emphasizes the elements and principles of a possible
follow-up operation to the Development Policy Loan (DPL)
that completed disbursement in April 2007, recognizing that
it was premature to discuss the specifics of such an
operation during this exercise. These elements and
principles would provide the incentives and motivations for
the choice of focus sectors under a possible Bank operation
with Minas Gerais. Lead actively by the Governor and Deputy
Governor, the Minas authorities have clearly identified
enhancing the living conditions of citizens in the state as
the overall priority. Nevertheless, the Minas Gerais targets
are ambitious and by international standards there is ample
room for additional progress. The report points out that
fiscal policies and public sector reforms in Minas Gerais
could be expected to yield continued stronger than national
average economic growth and progress in creating jobs. The
focus of this Partnership document is mainly on the Plano
Mineiro de Desenvolvimento Integrado (PMDI) 2007-2023
long-term development strategy with an emphasis on
broadening reforms. In short, the sectoral assessments are
at the heart of the Partnership dialogue and could be used
as the foundation for future development of the
relationship, especially in areas of technical assistance or
future Bank operations with Minas Gerais. |
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