World BankInternational Finance CorporationMultilateral Investment Guarantee Agency2016-07-132016-07-132016-05-31https://hdl.handle.net/10986/24682The new Country Partnership Framework (CPF or framework) presents the engagement of the World Bank Group (WBG) in Sri Lanka over the next four years (fiscal years 2017-20 (FY17–20)). The CPF aims to support the achievement of some of the government’s medium-term goals in areas that are critical for reducing extreme poverty and promoting shared prosperity, and that are consistent with the WBG’s comparative advantage. Notably, the CPF provides the framework for engagement in several key policy areas. Following presidential and parliamentary elections in 2015, the new coalition government, the National Government of Consensus, has set out an ambitious vision for Sri Lanka. It focuses on supporting job creation in the private sector, advancing the country’s global integration, improving governance, enhancing human development and social inclusion, and balancing development with environmental conservation. The vision has been captured in the Prime Minister’s Economic Policy Statement of November 5, 2015. The new government’s development agenda is well aligned with the findings of the 2015 Systematic Country Diagnostic (SCD) for Sri Lanka. The SCD identified the most critical constraints and opportunities facing Sri Lanka in accelerating progress toward the twin goals of ending extreme poverty and promoting shared prosperity in a sustainable manner. The analysis concluded that key priorities are to address the country’s fiscal, competitiveness, and inclusion challenges, as well as cross-cutting governance and social, economic, and environmental sustainability challenges. The CPF is anchored in this analysis.en-USCC BY 3.0 IGOTARIFFSADVISORY SERVICESCAPITAL MARKETSRECLAMATIONECONOMIC GROWTHECONOMIC INSTRUMENTSMARKET DISTORTIONSPOLICY ENVIRONMENTCARBON DIOXIDEENVIRONMENTAL DEGRADATIONFOSSIL FUELSWASTE MANAGEMENTREDUCING EMISSIONSCARBONAGRICULTURAL PRODUCTIONPRODUCERSLAND RECLAMATIONRESOURCE MANAGEMENTPROPERTY RIGHTSBALANCE OF PAYMENTSFINANCIAL RESOURCESRESOURCE ALLOCATIONLABOR FORCERIVER BASINSEMISSIONSPOLITICAL ECONOMYREVENUESSUSTAINABLE MANAGEMENTCHEMICAL FERTILIZERSINCENTIVESENVIRONMENTAL RESOURCESMODELSSUSTAINABLE DEVELOPMENTEMISSION REDUCTIONSINTERNATIONAL BANKAUDITSDEFICIT FINANCINGRESOURCE USEECONOMIC ACTIVITYINTERNATIONAL FINANCEEXPLOITATIONCROWDING OUTOILFINANCIAL INSTITUTIONOPTIONSOPECDEBTPOLLUTIONFORESTRYECONOMIC POLICIESENTERPRISESNATURAL RESOURCESWATER BASINSSUBSIDIESFINANCEEFFICIENCYFISHINGFOOD PRODUCTIONCARBON EMISSIONSTAXESLAND USEGOVERNMENT SECURITIESRESOURCESUNEMPLOYMENTDEMOGRAPHIC TRANSITIONEQUITYPRODUCTIVITY GROWTHCONSUMPTIONRURAL COMMUNITIESENVIRONMENTAL CONSERVATIONWAGESCLIMATE CHANGEENVIRONMENTAL MANAGEMENTVALUESELECTRICITY DEMANDADVANCED TECHNOLOGYBANKECONOMIC POLICY REFORMCREDITQUALITY STANDARDSENVIRONMENTAL IMPACTSPURCHASING POWERDIVISION OF LABORDEFORESTATIONDEMANDCPISUSTAINABLE USENATIONAL INCOMESUSTAINABLE GROWTHAGGREGATE DEMANDELECTRICITY GENERATIONENVIRONMENTSEXPENDITURESENTERPRISEPROPERTYDECISION MAKINGENVIRONMENTAL PERFORMANCEOPPORTUNITY COSTSTRANSACTION COSTSENVIRONMENTCONCEPTUAL FRAMEWORKSECURITIESTAX REVENUEENERGY EFFICIENCYFISHERIESECONOMIC DEVELOPMENTTRADELANDECONOMIES OF SCALEDRINKING WATERINVESTMENTTRADE TAXESCONSUMPTION PATTERNSCOMMERCIAL BANKSCOMPARATIVE ADVANTAGECOALCOOPERATIONGLOBAL INTERESTWATER POLLUTIONREVENUERISK MANAGEMENTLIVING CONDITIONSTAX REFORMGUARANTEE AGENCYPRODUCTION PATTERNSENVIRONMENTALLABOR MARKETSGUARANTEEPRICESDEVELOPMENT BANKCONSUMER PROTECTIONECONOMIC CONDITIONSECONOMIESPUBLIC GOODSReportWorld Bank10.1596/24682