Republic of Guinea-Bissau Country Partnership Framework June 13, 2017 Chair Summary* Executive Directors discussed and endorsed the World Bank Group Country Partnership Framework (CPF) (IDA/R2017-0169[IFC/R2017-0124, MIGA/R2017-0038]) FY18-FY21 for the Republic of Guinea-Bissau (Report No. 114815-GW). They welcomed the CPF as the first full strategy for WBG engagement in Guinea-Bissau since 1997, and expressed broad support for the framework and its design, as well as its alignment with the Systematic Country Diagnostic (SCD) and national priorities as set out in “Terra Ranka�. Chairs welcomed the proposed two strategic focus areas: (i) increased access to quality basic services; and (ii) expanded economic opportunities and enhanced resilience, and the inclusion in the framework of cross-cutting themes on gender and governance. Directors noted that the World Bank Group program provides an opportunity for a fresh start, incorporating lessons learned from implementation experience in the past. Chairs also recognized Guinea Bissau’s significant challenges as a small and fragile country, and highlighted the importance of creating the necessary conditions for job creation and economic growth. Directors welcomed the proposal to expand interventions outside of Bissau and into rural areas, and moving from emergency support to creating incentives for change. Directors also stressed the potential benefits of using the wide range of investments and instruments available through IDA18’s funding envelopes, including particularly the Regional and Private Sector Windows, and noted the important role that IFC could play in helping develop the country’s private sector. Directors welcomed the framework’s approach to complement the governmental engagement by working and coordinating with the IMF, non-state actors including CSOs, the private sector, and UN agencies, as appropriate. Directors also emphasized the potential for South-South cooperation to support the program, and the importance of seeking development of more timely and comprehensive development data. Finally, Directors highlighted the prevalence of governance, institutional and capacity issues in Guinea-Bissau, and supported the use of innovative instruments to support core state functions. __________________________________ *This summary is not an approved record.