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Macedonia, former Yugoslav Republic of - Performance and learning review of the country partnership strategy for the period FY15-18 (English)

This performance and learning review (PLR) assesses the implementation of, and presents the changes to, the World Bank Group country partnership strategy (CPS) FY15-FY18 for FYR Macedonia. The PLR presents a six-month extension of the CPS period until December 31, 2018. A six-month extension will allow achievement of most CPS objectives and delivery of lending and knowledge services that were delayed due to political crisis in the country. It will also allow sufficient time to formulate, jointly with the new government, the new country partnership framework (CPF) based on the systematic country diagnostics (SCD) which is currently underway. The CPS envisaged International Bank for Reconstruction and Development (IBRD) lending program of about United States (U.S.) 400 million dollars, of which about 47.5 percent was delivered to date in support of investments in the transport sector, and local infrastructure and services. Key lessons learned during the CPS implementation are related to: strong stakeholder engagement in the time of political turmoil, the use of knowledge products to deepen the policy dialogue on key reforms, importance to ensure readiness for implementation during the project preparation, the World Bank Group’s added value in European Union (EU) accession countries, and International Finance Corporation (IFC) experience delivering advisory services and promoting public private partnership in the transport sector.


  • Document Date


  • Document Type

    Country Assistance Strategy Document

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  • Region

    Europe and Central Asia,

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  • Disclosure Type

    Simultaneous Disclosure

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  • Doc Name

    Macedonia, former Yugoslav Republic of - Performance and learning review of the country partnership strategy for the period FY15-18

  • Keywords

    political crisis;information and communication technology;Growth and Shared Prosperity;multilateral investment guarantee agency;small and medium enterprise;Public and Publicly Guaranteed;improvement of road infrastructure;efficiency of public spending;gender gap in employment;cross-border movement of good;improving access to finance;vulnerability to natural disasters;access to basic service;household consumption per capita;active labor market policy;municipal energy efficiency;Active Labor Market Policies;Public Financial Management;global financial crisis;renewable energy generation;Social Safety Nets;Public Administration Reform;renewable energy investment;private sector financing;improving energy efficiency;readiness for implementation;labor market outcome;labor force participation;social protection system;vocational education system;political risk insurance;business environment;private investment;institutional capacity building;Transparent Public Administration;responsible fiscal policy;fields of study;changing government priorities;support sme;foreign direct investment;persistent gender gap;Public Finance Management;international financial crisis;adverse external shocks;reduction in poverty;amount of investment;decline in unemployment;current account deficit;high growth rate;expansionary fiscal policy;barrier to entry;regional development bank;weights and measure;land acquisition process;private commercial bank;fiscal deficit target;Development Policy Lending;trade in services;capacity for implementation;medium-term budget framework;organic budget law;access to information;enhancing market access;decline in poverty;Funding and Grants;private sector stakeholder;informed decision making;population and business;support to bank;regulatory impact assessment;lack of predictability;renewable energy technologies;senior government official;solid waste service;conditional cash transfer;Public Debt Management;Job Creation;real sector;parliamentary election;Advisory services;Energy Sector;parliamentary majority;results framework;political instability;banking sector;citizen engagement;Financial Sector;fiscal account;private consumption;satisfactory progress;social assistance;supplementary budget;plan of Operations;strategic investment;local infrastructure;construction permit;public building;civil society;political tension;political environment;lending volume;accession country;Fiscal Stimulus;Equal Opportunity;political affiliation;portfolio performance;credit line;macroeconomic indicator;loan portfolio;election fraud;disbursement ratio;young men;political turmoil;Small Hydro;development partner;trust funded;financial intermediaries;stakeholder engagement;local subsidiary;Business Climate;foreign investor;Macroeconomic Stability;reform effort;deficit level;operational perspective;long-term process;raise awareness;support structure;fundamental changes;material change;excess liquidity;guarantee operation;local bank;capacity constraint;capacities in support;economic integration;project negotiation;transport efficiency;market condition;small hydropower;technological innovation;contract variation;sustainable fiscal;banking system;foreign bank;agriculture sector;water storage;enhancing competitiveness;Investment priorities;investment priority;macedonian denar;domestic economy;management policy;private investor;fiscally sustainable;national budget;Disaster Risk;government's policy;telecom sector;credit expansion;investment planning;timely payment;political decision;Clean Energy;energy cost;catastrophic loss;employment opportunity;capital growth;employment opportunities;market barrier;installed capacity;green energy;financial service;market demand;audit training;trainer program;business innovation;external balance;monetary policy;fiscal space;regional connectivity;Ethnic Minorities;debt level;Macroeconomic Policy;political uncertainty;educational system;labor productivity;young girl;negative growth;Energy Poverty;activity rates;low rate



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Macedonia, former Yugoslav Republic of - Performance and learning review of the country partnership strategy for the period FY15-18 (English). Washington, D.C. : World Bank Group