Publication:
Azerbaijan - Country Partnership Framework for the Period FY25-29

Loading...
Thumbnail Image
Files in English
English PDF (1.28 MB)
683 downloads
English Text (349.4 KB)
204 downloads
Published
2025-02-12
ISSN
Date
2025-02-12
Author(s)
Editor(s)
Abstract
This Country Partnership Framework (CPF) presents the planned engagement of the World Bank Group (WBG) in Azerbaijan over the next five years (FY25-29). The CPF is guided by the government’s strategy for socio-economic development for 2022-26 (SEDS) and the WBG’s most recent strategic analysis - including the 2022 Systematic Country Diagnostic (SCD) update, the 2022 Country Economic Memorandum (CEM), and the 2023 Country Climate and Development Report (CCDR) - and has been aligned with the critical elements of the WBG evolution roadmap. The design also benefitted from lessons learnt from previous engagements and from consultations with key stakeholders, including government counterparts, civil society organizations, development partners, and the private sector. The CPF was delayed from starting when the previous CPF ended (FY21) due to a long dialogue with the authorities over the program and overlapping crises. The Government of Azerbaijan has now confirmed its desire to re-invigorate its WBG engagement for the coming years. The CPF will have two high level outcomes (HLOs): (i) increased resilience and sustainability, and (ii) increased productivity and better jobs.
Link to Data Set
Citation
World Bank. 2025. Azerbaijan - Country Partnership Framework for the Period FY25-29. © World Bank. http://hdl.handle.net/10986/42802 License: CC BY-NC 3.0 IGO.
Digital Object Identifier
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue

Related items

Showing items related by metadata.

  • Publication
    Country Partnership Framework for Croatia for the Period FY25-FY30
    (Washington, DC: World Bank, 2025-06-18) World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency
    Over the past decade, Croatia has demonstrated significant progress in economic development and improvement in living standards for its citizens. Economic performance during this period, including the country’s strong recovery following its pandemic-induced recession, was underpinned by sound economic management and notable reforms. Growth benefited significantly from the tourism sector rebound, which accounted for 19 percent of gross domestic product (GDP) in 2024. In addition, significant inflows of European Union (EU) funds during 2020-24, cumulatively totaling around 19 percent of 2023 GDP, helped boost public investment and economic growth. Croatia’s growth has contributed to substantial progress in living standards, with GDP per capita in purchasing power parity (PPP) terms increasing from 60.7 percent of the average EU27 level in 2015 to 76.8 percent in 2024. However, in order to sustain strong growth and progress on shared prosperity and poverty reduction, Croatia needs to tackle several fundamental challenges. First, Croatia needs to increase the overall productivity of its economy by boosting private sector investment, promoting diversification of the economy toward higher value-added sectors, and addressing remaining business environment challenges that reduce dynamism in the market. Second, Croatia needs to contend with demographic challenges that are contributing to shortages of labor with the skills required to sustain growth. Third, as a country with rich environmental endowments that also underpin its large tourism sector, Croatia needs to decouple its growth from environmental pressures associated with water use and air pollution and manage its significant exposure to extreme weather risks. This will require better management of natural resources, reducing pollution, and mitigating environmental and climate risks. Croatia also needs to increase energy efficiency and expand renewable energy sources to reduce risks associated with global energy price volatility and improve economic performance in key sectors. Finally, despite recent progress, further strengthening of institutions is needed to sustain economic and social development and enable Croatia to tackle its development challenges effectively. The FY25-FY30 CPF will have a strong knowledge focus and will further strengthen Croatia’s contribution to the global development agenda.
  • Publication
    Armenia - Country Partnership Framework for the Period FY25-FY29
    (Washington, DC: World Bank, 2025-02-04) World Bank
    Armenia, a landlocked country in the South Caucasus with a population of three million, has registered important achievements over the past two decades. Between 2000–2023, Armenia achieved robust economic growth averaging 6.3 percent, above the average for Europe and Central Asia (excluding high-income countries). Growth has been accompanied by a structural transformation of the economy with a gradual shift from low-productivity agriculture toward industry and services (especially, tourism and Information and Communication Technology (ICT)). The country has achieved near eradication of extreme poverty and has registered important improvements in life expectancy, survival rates, school enrollment rates and other welfare measures, although the incidence of poverty remains high, considering Armenia’s income level, particularly in the rural areas. Armenia has a record of sound macroeconomic management and a stable financial sector. All these factors enabled Armenia to graduate from the International Development Association (IDA) in 2014 and be an upper middle-income country (UMIC) since 2019. Armenia became an IDA donor in 2023 and its Gross National Income per capita stands at US$7,330 in 2023. To build on these achievements, stem outward migration, and avoid the middle-income trap, Armenia will have to transition towards a growth model with a greater focus on job creation and resilience. 1
  • Publication
    Romania - Country Partnership Framework for the Period FY25 - FY29
    (Washington, DC: World Bank, 2024-12-20) World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency
    As the World Bank Group (WBG) is evolving, it remains a strategic partner for Romania in helping accelerate the pace and impact of the country’s national development efforts while pursuing opportunities to contribute to the global development agenda. The Romania Country Partnership Framework (CPF) for FY25-29 aims to maximize these opportunities. The CPF (i) supports Romania in closing selected development gaps and disparities and strengthening institutions; (ii) enables the WBG to innovate and co-create solutions that employ instruments of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA) for a sophisticated high-income country (HIC) client that will generate globally replicable knowledge to help tackle national, regional, and worldwide global challenges; and (iii) leverages partnerships and operationalizes the One WBG Approach to amplify results. The CPF’s overarching goal is to promote prosperity and address inequalities in a livable Romania. The program prioritizes three high-level outcomes (HLOs): (i) improved human capital outcomes; (ii) better jobs in a more competitive economy through unlocking private investment; and (iii) increased resilience and an accelerated green transition. The CPF maintains a transversal focus on enhancing institutions to serve all people and businesses.
  • Publication
    Namibia - Country Partnership Framework for the Period of FY25-FY29
    (Washington, DC: World Bank, 2025-01-15) World Bank
    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.
  • Publication
    Country Partnership Framework for the Philippines for the Period of FY2025-2031
    (Washington, DC: World Bank, 2025-06-16) World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency
    This Country Partnership Framework (CPF) outlines the strategic approach to the WBG's engagement in the Philippines for FY25- 31. The CPF aims to improve the quality of life for all Filipinos by strengthening their capabilities and providing better opportunities, while minimizing volatility caused by shocks. The CPF contributes to the implementation of the WBG vision and mission identified in the Evolution Roadmap. The Philippines program focuses on contributing to eight of the fifteen WBG outcome areas: (i) protection for the poorest; (ii) no learning poverty; (iii) healthier lives; (iv) green and blue planet with resilient populations; (v) digital connectivity; (vi) more and better jobs; and (vii) more private investment. The program also tackles several of the global challenges identified in the Roadmap, including climate change adaptation, energy access, and enabling digitalization.

Users also downloaded

Showing related downloaded files

  • Publication
    Congo Basin Forest Ecosystem Accounts and Policy Recommendations: A Regional Synthesis Report of Ecosystem Extent, Condition, Services, and Asset Accounts 2000-2020
    (Washington, DC: World Bank, 2025-08-01) World Bank Group
    This regional synthesis report of the Congo Basin Forest Ecosystem Accounts (2000-2020) compiled from data for each these six countries (namely: Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and Republic of Congo. Ecosystem accounting enables countries to assess the value of their ecological capital, a key component of national wealth, by monitoring changes in ecosystem extent, condition, and ecosystem services in both physical and monetary terms. The accounts follow the System of Environmental-Economic Accounting (SEEA) Ecosystem Accounting methods, a standardized framework that uses concepts, definitions, and classifications consistent with the System of National Accounts (SNA). The individual country reports are also available. The value of domestic benefits provided by the forest ecosystems is significant, ranging from one percent of GDP for Equatorial Guinea to 15.4 percent of GDP for the Central African Republic. With global climate regulation being especially important, reflecting more than 95 percent of the value in most countries. Forest ecosystems in the Congo Basin retained around 90.9 billion tons of carbon in 2020, equivalent to 333.5 billion tons of carbon dioxide, which is 10x the amount of the total global emissions from the energy sector in 2020 (34.5 billion tons). The total asset value of the Congo Basin’s forests has almost doubled from US$ 12.3 trillion in 2000 to US$ 23.2 trillion in 2020. The overall asset value without the global public good value of climate change regulation stood at US$ 106 billion in 2000 and US$ 154 billion in 2020. While the total asset values are increasing, the per capita values are not keeping up with population growth. If one excludes the global public good value of carbon the picture becomes more negative, with a decrease in per capita of forests across all countries. These accounts should be institutionalized and enhanced periodically to inform policy and planning. The Congo Basin forests offer substantial ecological benefits, many of which remain unmonetized. These forest ecosystem accounts can improve understanding and inform policy development relating to the natural resource management sectors and those that impact on these assets, and on monetization of these critical ecosystem services.
  • Publication
    Western Balkans 6 Country Climate and Development Report
    (Washington, DC: World Bank Group, 2024-07-16) World Bank Group
    This Regional Western Balkans Countries Climate and Development Report (CCDR) stands out in several ways. In a region that often lacks cohesive regional alliances, this report emphasizes how the challenges faced across countries are often common and interconnected, and, importantly, that climate action requires coordination on multiple fronts. Simultaneously, it illustrates the differences across countries, places, and people that require targeted strategies and interventions. This report demonstrates how shocks and stressors re intensifying and how investments in adaptation could bring significant benefits in the form of avoided losses, accelerated economic potential, and amplified social and economic spillovers. Given the region’s high emission and energy intensity and the limitations of its current fossil fuel-based development model, the report articulates a path to greener and more resilient growth, a path that is more consistent with the aspiration of accession to the EU. The report finds that the net zero transition can be undertaken without compromising the economic potential of the Western Balkans and that it could lead to higher growth than under the Reference Scenario (RS) with appropriate structural reforms.
  • Publication
    Europe and Central Asia Economic Update, Fall 2025: Jobs and Prosperity
    (Washington, DC: World Bank, 2025-10-07) Cusolito, Ana Paula; Izvorski, Ivailo; Kasyanenko, Sergiy; Lokshin, Michael M.; Torre, Iván
    Economic growth in Europe and Central Asia eased to 2.4 percent in 2025, reflecting a sharp slowdown in the Russian Federation. Outside Russia, growth momentum remains broadly resilient, supported by private consumption, infrastructure spending, and a gradual recovery in trade. While a modest pickup is expected in 2026–27, growth is likely to remain well below the 2000–19 average. In this slow-growth environment, downside risks dominate, with the potential for setbacks in reforms posing a significant threat to investor confidence, private sector dynamism, and job creation.  The region's labor market shows signs of resilience but faces deep-rooted structural challenges. Since the start of transition from planned to market in the early 1990s, employment has grown faster than the region's population, driven by rising labor force participation and a shift out of agriculture. Yet most new jobs are in low-productivity services, and productivity growth has stalled. Demographic pressures — aging, shrinking workforces, and emigration —add to the strain. Structural bottlenecks, including weak competition, limited access to finance, and outdated skills systems, constrain firm growth and innovation. The report calls for a three-pillar reform agenda: invest in foundational infrastructure for jobs, strengthen the business environment, and mobilize private capital. Targeting five priority sectors—manufacturing, agribusiness, tourism, healthcare, and energy—can help turn growth into better jobs and shared prosperity.
  • Publication
    Port Reform Toolkit
    (Washington, DC: World Bank, 2025-07-31) World Bank
    Ports are undergoing constant transformation, induced by changes in the global economy, technology, or the environment. Port reform is influenced by factors that include aspirations for change underpinned by complex internal and external drivers. In a sector where public and private interests must work together, closely managing change is important. Having the right tools is key for a successful port reform and improvement process which enables economic growth, creates jobs, and fosters sustainable development. For over two decades, the Port Reform Toolkit has been one of the most comprehensive guides for implementing port reforms. Along the way, the Toolkit has evolved in response to changing sectoral trends. The first edition, published in 2001, established a common language for policymakers and port industry stakeholders. It has since become the established reference for port privatization, labor, and modernization programs. Further experiences from a first wave of port reforms in Latin America, Africa, and Asia in the 1990s and early 2000s informed the second edition of the Toolkit, which was released in 2007. By that time, ports in developing economies had attracted over 21 billion dollars in investments from over 200 public-private partnership projects. In this context, the Port Reform Toolkit enabled port stakeholders to provide strategic advice to governments and the private sector.
  • Publication
    Jobs in a Changing Climate: Insights from World Bank Group Country Climate and Development Reports Covering 93 Economies
    (Washington, DC: World Bank, 2025-11-05) World Bank
    The World Bank Group’s Country Climate and Development Reports (CCDRs) provide a crosscutting look at how countries’ development prospects, and the job opportunities they offer to their people, can be threatened by climate impacts and supported by climate policies. Climate change and policies affect jobs through impacts on productivity, energy and material efficiency, and physical, human, and natural capital. They can also transform employment opportunities, especially through complementary measures that help workers and firms adapt to and benefit from new technologies and production practices. Prepared by the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), CCDRs integrate country perspectives, climate science and economic modeling, private sector information, and policy analysis to assess how countries can successfully grow and develop their economies and create jobs despite increasing climate risks and while achieving their climate objectives and commitments. Each CCDR starts from the country’s development priorities, opportunities, and challenges, and is developed in close consultation with governments, businesses, and civil society, ensuring the recommendations reflect national priorities. By combining evidence on adaptation, resilience, and emissions pathways, CCDRs highlight where climate action can reinforce development and job creation, and where targeted policies are needed to manage risks and smooth labor market transitions. Taken together, these elements can help create local jobs, ensure economic transitions are just and inclusive, and equip workers and firms to navigate the disruptions and opportunities of a changing climate and changing technologies.