Publication: Country Partnership Framework for Belize for the Period FY18-22
Date
2017-04-28
ISSN
Published
2017-04-28
Author(s)
World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
Abstract
The Country Partnership Framework (CPF)
for Belize covers the period from July 1, 2017 to June 30,
2022 (FY18-22). It presents the World Bank Group’s (WBG)
program and the anticipated results framework. It builds on
the results and lessons of Belize’s first Country
Partnership Strategy (CPS) that covered the period FY12-15.
This CPF is well aligned with the Government’s long-term
development vision, Horizon 2030: National Development
Framework 2010-2030, and the thematic priorities emerging
from the 2016 Belize Systematic Country Diagnostic (SCD).
The overarching goal of the proposed CPF is to support
Belize in strengthening its economic resilience. Recognizing
the special characteristics of a small state with associated
capacity and absorptive constraints, the CPF proposes a
consolidated and focused program. This will be the second
full strategy for Belize, with the engagement still
maturing, and it factors in lessons from the implementation
of the first strategy. Therefore, the CPF will retain
flexibility in some elements of the engagement that will be
further defined with the Government during implementation.
The Performance and Learning Review (PLR) at mid-point will
incorporate necessary adjustments including in the Results
Framework. The CPF is organized around two focus areas: (a)
fostering climate resilience and environmental
sustainability; and (b) promoting Financial Inclusion and
social resilience. To support these focus areas, the CPF
envisages the implementation of a program that could reach
up to US$30 million in new loans, subject to how program
performance evolves in the course of the CPF period,
continued Government interest in IBRD financing, and on
IBRD’s lending capacity and demand from other borrowers. It
will also be supported by non-lending instruments, notably
Analytics and Advisory Services (ASAs), regional initiatives
and trust fund resources.
Link to Data Set
Citation
“World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency. 2017. Country Partnership Framework for Belize for the Period FY18-22. © World Bank, Washington, DC. http://hdl.handle.net/10986/27145 License: CC BY 3.0 IGO.”