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Country Partnership Strategy Progress Review

Country Partnership Strategy Progress Review. World Bank Moldova April 2011. Country Partnership Processes. Country Partnership Strategy outlines the Bank Group’s program of engagement Usually a four year cycle – the current Moldova CPS runs from 2009-2012

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Country Partnership Strategy Progress Review

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  1. Country Partnership Strategy Progress Review World Bank Moldova April 2011

  2. Country Partnership Processes • Country Partnership Strategy outlines the Bank Group’s program of engagement • Usually a four year cycle – the current Moldova CPS runs from 2009-2012 • CPS Progress Report is a mid-course review & correction if necessary. Is the strategy still relevant, what progress made, are changes necessary?

  3. Moldova Country Partnership Strategy FY09-FY12 • Three pillars • Economic competitiveness and sustainable growth • Human development and public services • Public Sector Management and Governance • Flexibility in lending program • Allowed focus on response to crisis in 2010 (Development Policy Operation to support ESRP) • Additional Finance to support vulnerable households (e.g. MSIF, social assistance) • Emphasis on partnerships • Working with others to coordinate support for reform, coherent financing and to promote greater aid effectiveness

  4. Progress • Strong results have been delivered across all three pillars e.g. • Renovation of 65 kindergartens and improved teaching standards and materials (EFA/FTI) • RISP assisted creation of 1700 new businesses • Basis for improved public financial management (CPAR Trust Fund) • IFC complements the Bank with $74m investment over the CPS • Partnerships have been effective: eg Roads sector, CPAR, MSIF

  5. Changes in the environment • Elections have given a mandate for change • Reform minded government • Economy beginning to recover • Opportunity now to expand the basis of the economy and make structural reforms necessary for Moldova’s future growth

  6. Changes in the Bank’s Partnership Strategy • Pillars still valid • Adjustment in lending program to support government reforms – particularly education • More focus in the program with less fragmentation as smaller projects exit • Extending for a year to FY13 to set the basis for a more focused and strategic CPS beginning FY14

  7. Proposed IDA lending program* * IDA16 allocations are indicative only; IDA16 covers the period FY12-FY14 ** FY14 is in the next CPS period

  8. Next Steps • IDA allocations will allow confirmation of lending program – expected by June • CPS Progress Report being finalised based on internal and external consultations • Progress Report will go to WB Board June 2011

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