Publication: Namibia - Country Partnership Framework for the Period of FY25-FY29
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2025-01-15
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2025-01-15
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This Country Partnership Framework (CPF) sets forth the World Bank Group (WBG) strategy for supporting Namibia’s goals to reduce poverty and inequality as outlined in its national development plans. Although the WBG has historically had a limited engagement in Namibia, the authorities have signaled interest in an expanded role for the WBG, including International Bank for Reconstruction and Development (IBRD) financing and International Financing Corporation (IFC) investment. In the context of what is hoped will be a growing engagement, the FY25-29 CPF outlines a strategy for supporting the government’s development aspirations featuring two High-Level Objectives (HLOs): (i) Increased job creation; and (ii) Improved access to quality services. The strategy anticipates IBRD lending of up to 400 million US dollars over FY25-26 and potential International IFC financing of up to 200 million over the CPF period, as well as advisory services targeting priority sectors where the WBG has a comparative advantage. Planned IBRD lending would be limited to selected State-Owned Enterprises (SOEs). The CPF builds on recent Advisory Services and Analytics(ASA), including a Systematic Country Diagnostic (SCD) and Country Private Sector Diagnostic (CPSD). The priorities set forth in this CPF have been endorsed by Namibia’s Cabinet and will support the priorities of the government as set forth in its Vision 2030, issued in 2004, the Second Harambee Prosperity Plan, 2020- 2025, and the upcoming National Development Plan 6 to be issued in March 2025.
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“World Bank. 2025. Namibia - Country Partnership Framework for the Period of FY25-FY29. © World Bank. http://hdl.handle.net/10986/42689 License: CC BY-NC 3.0 IGO.”
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