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Thailand - Country Partnership Framework for the Period 2019-2022 (English)

The country partnership framework (CPF) for Thailand covers the period FY19-22. Guided by the Maximizing Financing for Development (MFD) principles, the CPF will bring to bear the full resources of the WBG to facilitate increased private sector-led development. To this end, the CPF will aim to create markets and increase private sector investment. To help create markets, the WBG will promote competition and innovation, and help open new markets by supporting improvements in Thailand’s business environment. Supporting the development of a stronger enabling environment will help increase private sector investment. Strengthening of fiscal institutions will also help create a more conducive national business environment that crowds in greater commercial financing and maximizes the impact of scarce public resources. The CPF will also support targeted policies and programs for the inclusion of disadvantaged and vulnerable groups, including in the fragile, conflict affected areas of Southern Thailand. The overarching goal of the CPF is to support Thailand’s transformation towards an innovative, inclusive and sustainable economy, which is aligned to the country’s first 20-Year National Strategy (2017-2036), the Royal Thai Government’s 12th NESDP (NESDP 12) as well as the WBG Systematic Country Diagnostic (SCD) – Getting Back on Track. The CPF envisages a partnership with Thailand focused on the provision of IBRD reimbursable and trust-funded Advisory Services and Analytics (ASA) targeting poverty reduction and shared prosperity with an option of IBRD financing based on Government demand, overall performance, as well as global economic/financial developments affecting IBRD’s financing capacity, and demand by other borrowers. The CPF plans to achieve six objectives that together aim at Promoting Resilient and Sustainable Growth, and Strengthening Inclusion. In particular, these objectives are i) to improve Thailand’s competitiveness and ease of doing business; ii) to improve financial and fiscal institutions’ policy implementation; iii) to strengthen the quality of infrastructure investments; iv) to address climate change and improve water resource management; v) to strengthen the social protection and inclusion of vulnerable groups; and vi) to promote quality education for all and talent management.


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    Country Assistance Strategy Document

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    East Asia and Pacific,

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  • Doc Name

    Thailand - Country Partnership Framework for the Period 2019-2022

  • Keywords

    partnership framework; information and communication technology; Program for International Student; small and medium enterprise; civil society and government; demand for bank; Quality Education for All; nature of disaster risks; flood and drought risk; net exporter of capital; economic development plan; social and economic development; millennium development goal; maternal and child health; impact of climate change; access to safe water; Growth and Shared Prosperity; national poverty line; private investment; foreign direct investment; education and health; global financial crisis; form of discrimination; political stability; consumer price index; labor market efficiency; civil society actor; Water Resource Management; amount of water; demand for water; national development plan; underground water source; flood management infrastructure; dam safety review; ease of use; intensive shrimp farming; economic development strategy; quality of infrastructure; improve water resource; Innovation Policies; promoting energy efficiency; volatile organic compound; implementation of reform; income and expenditure; destruction of mangrove; social protection system; political risk insurance; international good practice; decline in fertility; private sector representative; water resource investment; climate change projections; water allocation decision; river basin committee; impact of disaster; country gender assessment; Finance for Development; national innovation system; deep trade integration; rules of origin; disaster risk management; maternal mortality rate; early warning system; gross national income; gross domestic product; investments in infrastructure; exchange rate; Exchange Rates; sustainability of development; globally significant biodiversity; access to finance; global competitiveness index; public infrastructure investment; high poverty rate; current account surplus; access to health; total water use; abundant water resource; supply of teacher; transport management system; access to property; negative health outcomes; public transportation network; working age population; Access to Education; energy efficiency standard; hiv infection rate; public investment management; human capital; Coral Reef; natural forest; illegal logging; vulnerable group; village school; extreme poverty; goods market; investor confidence; domestic saving; watershed protection; coastal resource; global recovery; migrant worker; low-skilled job; destructive fishing; rural phenomenon; coastal area; lagging region; financial market; domestic demand; social reform; poverty estimate; social cohesion; labor productivity; online survey; government service; good governance; skilled workforce; ecosystem service; fiscal institution; natural disaster; results framework; market size; creating markets; hazard map; sea level; household expenditure



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Thailand - Country Partnership Framework for the Period 2019-2022 (English). Washington, D.C. : World Bank Group.