Country Partnership Framework for Bulgaria for the Period FY17-FY22
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World Bank, Washington, DC
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This program document presents the World
Bank Group (WBG) FY17-22 Country Partnership Framework (CPF)
for Bulgaria. The timing of the new CPF follows the
preparation of theSystematic Country Diagnostic (SCD)
prepared in FY15, and informs the areas and objectives ofthe
CPF in support of the WBG’s twin goals to reduce poverty and
boost shared prosperity1 for the bottom forty percent of the
population. The CPF proposes to focus WBG support in
selective areas aligned with the SCD, in response to clear
Government demand, supporting and complementing Bulgaria’s
European Union agenda, and reflecting the WBG’s comparative
advantage. In addition, the CPF applies two key principles
for engagement, including: (i) realism, recognizing that the
WBG plays a selective role and that it will contribute most
effectively by being strategic and catalytic in supporting
key elements of Bulgaria’s development agenda, and (ii)
scalability, creating opportunities to engage in dialogue
and analytical work that may create space for broader
engagement in areas where there is potential for
transformational impact, including IFC investments in
private sector development. Government demand is focused
primarily on the agenda to strengthen public institutions,
notably in the financial and energy sectors. The WBG will
complement that focus by investing its own resources to stay
engaged in the inclusion agenda, which is critical to the
WBG twin goals. CPF proposes to cover a six year period,
with Progress Learning Reviews (PLRs) will facilitate a more
proactive approach to monitoring results and ensure close
alignment with the country-led strategy.
Palabras clave
HOUSEHOLD INCOMES, TARIFFS, ADVISORY SERVICES, DEPOSIT, FINANCIAL SERVICES, UNEMPLOYMENT RATES, ECONOMIC GROWTH, DEPOSITS, PEOPLE, POLICY ENVIRONMENT, AIR QUALITY, FINANCING, FISCAL DEFICITS, DISPOSABLE INCOME, INTEREST, CARBON, FAMILY SUPPORT, EXPECTATIONS, EMPLOYMENT OPPORTUNITIES, ENROLLMENT, PRODUCERS, RESOURCE MANAGEMENT, PROPERTY RIGHTS, ECONOMIC DEVELOPMENTS, BANKING SYSTEM, FINANCIAL RESOURCES, TIMBER, LABOR FORCE, EMISSIONS, POLITICAL ECONOMY, EXCLUSION, REVENUES, BANK DEPOSIT, ENVIRONMENTAL ISSUES, WELFARE, ENDOWMENTS, INCENTIVES, EMISSION REDUCTION, LOAN, MODELS, INCOME TAX, SUSTAINABLE DEVELOPMENT, PAYMENTS, EMISSION REDUCTIONS, INTERNATIONAL BANK, CONDITIONALITY, ECONOMIC ANALYSIS, AUDITS, SOCIAL FUND, ECONOMIC ACTIVITY, INTERNATIONAL FINANCE, LABOR MARKET, SAVINGS, TECHNICAL ASSISTANCE, INDEBTEDNESS, OIL, GOVERNMENT POLICY, SOCIAL EXCLUSION, ADVISORY WORK, EDUCATIONAL ATTAINMENT, POPULATION GROWTH, UNION, CURRENT ACCOUNT, ADVISORY SERVICE, CAPITAL FORMATION, OPTIONS, LABOR PRODUCTIVITY, MARKET LIBERALIZATION, FINANCIAL INSTITUTIONS, DEBT, LIMITED ACCESS, HOUSEHOLD INCOME, DEPOSIT INSURANCE, FORESTRY, EDUCATION SYSTEM, ECONOMIC POLICIES, LOANS, ENTERPRISES, NATURAL RESOURCES, FINANCIAL SYSTEM, REAL ESTATE, EMISSIONS REDUCTION, FINANCE, STATIONARY SOURCES, EFFICIENCY, TAXES, BANKS, RESOURCES, MARKET ECONOMY, UNEMPLOYMENT, ENERGY CONSUMPTION, EQUITY, PRODUCTIVITY GROWTH, CONSUMPTION, HUMAN CAPITAL, GENDER GAPS, ECONOMIC IMPACT, RURAL COMMUNITIES, CAPITAL, WAGES, CLIMATE CHANGE, VALUES, STUDENT, LIQUIDITY CRISIS, BANKING CRISIS, FAMILY, GENDER, BANK, FOREIGN DIRECT INVESTMENT, HOME OWNERS, CREDIT, VULNERABLE GROUPS, DEMAND, CPI, SUSTAINABLE USE, INVESTMENT BANK, SUSTAINABLE GROWTH, URBAN AREAS, PUBLIC EXPENDITURES, HOUSEHOLD, ADMINISTRATIVE BURDENS, EXPENDITURES, CAPITAL FLOWS, PROPERTY, EARLY CHILDHOOD, DECISION MAKING, QUALITY ASSESSMENT, ENVIRONMENT, VULNERABLE PEOPLE, ECONOMICS, KEY CHALLENGES, ENERGY EFFICIENCY, FISHERIES, GOVERNMENT POLICIES, HUMAN RIGHTS, ECONOMIC DEVELOPMENT, TRADE, ECONOMIC OPPORTUNITIES, FINANCIAL SECTOR ASSESSMENT, LAND, SECURITY, NATIONAL BANK, INVESTMENT, COMPARATIVE ADVANTAGE, GENDER ASSESSMENT, HOUSEHOLDS, ACCESS TO SERVICES, ECONOMIC CRISIS, EQUALITY, FARMS, COOPERATION, REVENUE, INVESTMENTS, RISK MANAGEMENT, LIVING CONDITIONS, GUARANTEE AGENCY, BANKING SUPERVISION, EXCHANGE RATE, WOMEN, PROFITS, ENVIRONMENTAL, PRICES, DEMOGRAPHICS, GUARANTEE, CONSUMER PROTECTION, ECONOMIC CONDITIONS, ECONOMIES, GENDER EQUALITY, INEQUALITY