Publication: Country Partnership Framework for the Federal Republic of Nigeria for the Period FY21-FY25
Loading...
Date
2020-11-16
ISSN
Published
2020-11-16
Editor(s)
Abstract
To provide economic opportunities for its growing population, Nigeria needs to unlock private investment and job creation, and further the structural transformation and diversification of its economy. The low levels of human capital and the slow progress on diversification reflect and also contribute to the low levels and quality of public expenditures. The strategic objective of this Country Partnership Framework (CPF) is to support Nigeria to achieve progress on poverty reduction by promoting faster, more inclusive, and sustainable growth. Nigeria’s development agenda and development financing needs are vast, creating considerable excess demand for our support. Given Nigeria’s potential but also the critical challenges that it needs to address to realize that potential, the CPF proposes an ambitious engagement while recognizing the associated risks.
Link to Data Set
Citation
“World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency. 2020. Country Partnership Framework for the Federal Republic of Nigeria for the Period FY21-FY25. © World Bank. http://hdl.handle.net/10986/35098 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Country Partnership Framework for the Federal Democratic Republic of Ethiopia for the Period FY18-FY22(World Bank, Washington, DC, 2017-05-22)Ethiopia has achieved substantial progress in economic, social, and human development over the past decade. The country partnership framework (CPF) draws on the findings of the World Bank Group (WBG’s) 2016 systematic country diagnostic (SCD) for Ethiopia, which identified eight binding constraints to ending extreme poverty and boosting shared prosperity, along with two overarching challenges: the need for a sustainable financing model for growth, and inadequate feedback mechanisms to facilitate citizen engagement and government account- ability. This CPF succeeds the Ethiopia FY13-FY16 country partnership strategy (CPS), which was discussed at the Board on August 29, 2012. It also reflects lessons learned and resulting suggestions from the CPS completion and learning review (CLR), which is presented in this report. Following a decade of strong economic growth in Ethiopia, the CPF addresses the challenges of forging a growth path that is more broadly inclusive and sustainable. The CPF program will focus on: (i) promoting structural and economic transformation through increased productivity; (ii) building resilience and inclusiveness (including gender equality); and (iii) supporting institutional accountability and confronting corruption. This CPF adopts a spatial lens through which this five-year program will seek to deliver bold results and to tackle two of the greatest spatial challenges to Ethiopia’s quest to achieve lower middle-income status by 2025.Publication Country Partnership Framework for the Republic of North Macedonia for the Period of January 2019-June 2023(World Bank, Washington, DC, 2019-03-21)This Country Partnership Framework (CPF) sets out the World Bank Group’s approach to supporting the reform agenda in North Macedonia over January 2019–June 2023. The CPF builds on the results and lessons of the previous World Bank Group Country Partnership Strategy (CPS) that originally covered the period from July 2014 to June 2018 and was subsequently extended by six months to December 2018. The new CPF seeks to address the priorities identified by the recently completed Systematic Country Diagnostic (SCD) for North Macedonia. The strategic objective of the CPF is to support North Macedonia’s ability to achieve faster, inclusive, and sustainable growth and provide its citizens with greater opportunities for a better life. The CPF aims to support the Government’s program and medium-term strategy, which present a vision of accelerated economic growth with better employment opportunities, social cohesion and inclusion, and a plan to tackle the persistent bottlenecks. The Government strategy is consistent with the SCD’s vision of a better-connected, vibrant domestic economy engaged in the region and beyond as it secures its footing in areas of strong comparative advantage.Publication Country Partnership Framework for the Republic of South Africa for the Period FY22-FY26(World Bank, Washington, DC, 2021-06-24)South Africa was hard-hit by the Coronavirus Disease 2019 (COVID-19) pandemic. The social impact of the crisis has also been high. Since 2019, the Government of South Africa (GoSA) has embarked on a new socio-economic transformation program. This crisis has forced the Government to make difficult policy choices to restore macroeconomic stability, deal with the health and socioeconomic crisis, accelerate growth and make it more inclusive. In line with the Government priorities and those presented in the SCD, the central tenet of this Country Partnership Framework (CPF) is to help South Africa continue to tackle its Apartheid legacy of socio-economic exclusion, currently complicated by the COVID-19 pandemic. The CPF’s overarching goal is to support SA in stimulating investment and job creation to achieve economic and social convergence for an inclusive and resilient society.Publication Country Partnership Framework for Georgia for the Period FY19-FY22(World Bank, Washington, DC, 2018-04-25)This Country Partnership Framework (CPF) for FY19–FY22 sets out the World Bank Group’s (WBG) proposals for supporting the Government of Georgia’s vision of developing a market based economy while ensuring nationwide prosperity and strengthening its regional position. Building on the strong foundation put in place by the previous FY14 to FY17 Country Partnership Strategy (CPS), this CPF will work to consolidate gains and move the economy toward addressing next generation development challenges for sustained and inclusive growth and poverty reduction. The CPF proposes a strategic shift in focus from an infrastructure heavy program to one that emphasizes expanding human capital. WBG interventions over the next four years will aim to reduce gaps in human endowments and create economic opportunities that will ensure inclusive and sustainable economic growth. The WBG will support Georgia in sustaining strong productivity led growth while maintaining a direct line of sight to the “Bottom 40” those Georgians whose annual household income falls into the bottom 40 percent of the country. To support the government in achieving the twin goals of eliminating extreme poverty and promoting shared prosperity, the CPF envisages support to Georgia across three focus group areas: (i) enhancing inclusive growth and competitiveness, (ii) investing in human capital, and (iii) building resilience. The CPF will pay special attention to vulnerable groups and lagging regions that have not benefited from the fruits of growth.Interventions will target special groups such as women, youth, and rural communities where most poor people live. Across the three focus areas, the CPF will rely on three engagement principles to guide the selection of interventions: (i) maximizing finance for development (MfD), which aims to leverage the private sector for growth and sustainable development; (ii) spatial equity, as a means to redress currently regional imbalances within the country; and (iii) innovation, given the rapid pace of technological changes and digitization and its effects on productivity and competitiveness. Lending commitments will evolve during the CPF as they have throughout the WBG’s engagement with Georgia and the current portfolio of investments and advisory services and analytics (ASA) will serve as a solid base to enable the WBG to achieve the intended strategic shifts in this CPF.Publication Country Partnership Framework for the Republic of Moldova for the Period FY18-21(World Bank, Washington, DC, 2017-06-29)The quest for an alternative development model that underlies Moldova’s National Development Strategy (NDS), Moldova 2020, is a recognition that the two main drivers of economic growth and poverty reduction since the early 2000s are no longer sustainable. Growth was powered largely by consumption, and poverty reduction mainly by remittances and pensions. Since neither are expected to continue, future growth and poverty reduction will need to be driven increasingly by private sector-led job creation. Moreover, given the country’s vulnerability to changes in external demand and weather shocks, due to its small size, open economy, and reliance on agriculture, Moldova’s future development path will also need to include measures to renew and protect its human, physical, and social capital stock. Against this background, the main purpose of the FY18-21 Country Partnership Framework (CPF) is to support Moldova’s transition towards a new, more sustainable and inclusive development and growth model. It is grounded in the NDS, takes into account outcomes of the FY14-17 Country Partnership Strategy (CPS), and incorporates the three topmost priorities of the recent Systematic Country Diagnostic (SCD), namely: (a) strengthening the rule of law and accountability in economic institutions; (b) improving inclusive access to and the efficiency and quality of public services; and (c) enhancing the quality and relevance of education and training for job-relevant skills. These three priorities define and inform the CPF’s three focus areas: economic governance, service governance, and skills development, which are supplemented by climate change, a World Bank Group corporate priority, as a cross-cutting theme. The CPF incorporates key lessons learned during the last CPS, that political instability and governance challenges slow the pace of reform and that frequent personnel changes affect portfolio performance. Further, it assumes that the economic, political, and social stability experienced since January 2016 will continue at least until parliamentary elections in November 2018. Given that Moldova’s post-election political orientation, policy environment, and stability are uncertain, only the first half of the CPF (FY18-19) is programmed. Activities for the second half (FY20-21) will be defined during the FY19 Performance and Learning Review (PLR).
Users also downloaded
Showing related downloaded files
Publication Zimbabwe(World Bank, Washington, DC, 2019-03-01)This report presents an assessment of Zimbabwe’s agriculture sector disaster risk and management capacity. The findings indicate that Zimbabwe is highly exposed to agricultural risks and has limited capacity to manage risk at various levels. The report shows that disaster-related shocks along Zimbabwe’s agricultural supply chains directly translate to volatility in agricultural GDP. Such shocks have a substantial impact on economic growth, food security, and fiscal balance. When catastrophic disasters occur, the economy absorbs the shocks, without benefiting from any instruments that transfer the risk to markets and coping ability. The increasing prevalence of ‘shock recovery-shock’ cycles impairs Zimbabwe’s ability to plan and pursue a sustainable development path. The findings presented here confirm that it is highly pertinent for Zimbabwe to strengthen the capacity to manage risk at various levels, from the smallholder farmer, to other participants along the supply chain, to consumers (who require a reliable, safe food supply), and ultimately to the government to manage natural disasters. The assessment provides the following evidence on sources of risks and plausible risk management solutions. It is our hope that the report contributes to action by the Government of Zimbabwe to adopt a proactive and integrated risk management strategy appropriate to the current structure of the agricultural sector.Publication World Development Report 2019(Washington, DC: World Bank, 2019)Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.Publication Supporting Youth at Risk(World Bank, Washington, DC, 2008)The World Bank has produced this policy Toolkit in response to a growing demand from our government clients and partners for advice on how to create and implement effective policies for at-risk youth. The author has highlighted 22 policies (six core policies, nine promising policies, and seven general policies) that have been effective in addressing the following five key risk areas for young people around the world: (i) youth unemployment, underemployment, and lack of formal sector employment; (ii) early school leaving; (iii) risky sexual behavior leading to early childbearing and HIV/AIDS; (iv) crime and violence; and (v) substance abuse. The objective of this Toolkit is to serve as a practical guide for policy makers in middle-income countries as well as professionals working within the area of youth development on how to develop and implement an effective policy portfolio to foster healthy and positive youth development.Publication Ten Steps to a Results-Based Monitoring and Evaluation System : A Handbook for Development Practitioners(Washington, DC: World Bank, 2004)An effective state is essential to achieving socio-economic and sustainable development. With the advent of globalization, there are growing pressures on governments and organizations around the world to be more responsive to the demands of internal and external stakeholders for good governance, accountability and transparency, greater development effectiveness, and delivery of tangible results. Governments, parliaments, citizens, the private sector, Non-governmental Organizations (NGOs), civil society, international organizations, and donors are among the stakeholders interested in better performance. As demands for greater accountability and real results have increased, there is an attendant need for enhanced results-based monitoring and evaluation of policies, programs, and projects. This handbook provides a comprehensive ten-step model that will help guide development practitioners through the process of designing and building a results-based monitoring and evaluation system. These steps begin with a 'readiness assessment' and take the practitioner through the design, management, and importantly, the sustainability of such systems. The handbook describes each step in detail, the tasks needed to complete each one, and the tools available to help along the way.Publication The Power of Survey Design : A User's Guide for Managing Surveys, Interpreting Results, and Influencing Respondents(Washington, DC: World Bank, 2006)The vast majority of data used for economic research, analysis, and policy design comes from surveys-surveys of households, firms, schools, hospitals, and market participants, and, the accuracy of the estimate will depend on how well the survey is done. This innovative book is both a 'how-to' go about carrying out high-quality surveys, especially in the challenging environment of developing countries, and a 'user's guide' for anyone who uses statistical data. Reading this book will provide data users with a wealth of insight into what kinds of problems, or biases to look for in different data sources, based on the underlying survey approaches that were used to generate the data. In that sense the book is an invaluable 'skeptics guide to data'. Yet, the broad storyline of the book is something that should be absorbed by statistical data users. The book will teach and show how difficult it often is to obtain reliable estimates of important social and economic facts, and, therefore encourages you to approach all estimates with sensible caution.