World Bank Launches New Country Partnership Strategy

Published: 12 June 2004 y., Saturday
The World Bank’s Board of Executive Directors had discussed a new Country Partnership Strategy (CPS) for the Slovak Republic for 2005-07. The CPS is a document that details the Bank’s work plan to assist client countries in achieving their development goals. It describes all of the Bank’s planned operations in the country—lending, analytical work, and technical assistance. The new CPS for Slovakia covers the period 2005-2007 and envisages a modest lending program of up to $17 million with a special focus on the non-lending instruments such as technical assistance and analytical work. Priorities of the new CPS include assisting the government in improving fiscal consolidation and management of public finances; further implementation of structural reforms to enhance competitiveness of the economy; and social development and poverty reduction. “The goal of the CPS is to support the country’s efforts to improve the quality of life of its people and enhance efficiency and competitiveness of the economy”, says Ingrid Brockova, World Bank Country Manager for Slovakia. “This is why improving the education system as well as promoting poverty alleviation and social inclusion are key in the Slovakia CPS, as is supporting the restructuring of judicial system in order to improve overall transparency and efficiency of the system.”
Šaltinis: worldbank.sk
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

AB Bank SNORAS increases the capital amounting to LTL 72.5 million

On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million. more »

EU invests €6.8m for academic cooperation with industrialised countries in North America

The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic. more »

The European Commission and the cosmetic industry match research funds to develop alternative solutions to animal testing

Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods. more »

SEB Bank invests LTL 4.6 million in to faster data transmission technologies

SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network. more »

World Bank Supports Further Improvement of Rural Road Network in Armenia (39280)

The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia. more »

IMF Completes First Review Under Stand-By Arrangement with Latvia and Approves €195.2 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement. more »

Commission approves the restructuring of Austrian Airlines

The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law. more »

Wall Street applauds Bernanke

Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up. more »

Statistics on hotels in Lithania

Over I half-year 2009 accommodation establishments had by 22 per cent less guests. more »

Carbon fund set up by EBRD and EIB in 1st Russian venture

In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF). more »