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Egypt, Arab Republic of - Country partnership framework for the period FY2015-19 (English)

The World Bank Group (WBG) Country Partnership Framework (CPF) for Egypt for FY15-19 has been prepared at an important juncture in Egypt’s history to support transformational changes to the economic and social space. It builds on the Government of Egypt’s (GOE) medium-term strategy and national priorities for economic development, responds to client demands, and is informed by consultations with a broad array of stakeholders in Egypt. At the same time, the CPF proposes selective interventions in line with the development priorities of the Systematic Country Diagnostic (SCD) for Egypt, and draws on the WBG’s comparative advantage. This program will also seek to implement the new MENA Regional strategy, especially the pillars on renewing the social contract, supporting economic recovery, and promoting regional cooperation. The CPF supports a transformative program to renew the social contract to support private sector job creation, social inclusion, and enhanced governance. The WBG is moving towards more than doubling its lending program compared to the recent past, to a total of about $8 billion over FY15-19, of which an indicative amount of about $6 billion is requested by the authorities to come from IBRD and about $2 billion from IFC. The actual volume and pace of IBRD lending will dependon the implementation of the program, including the ability to address macroeconomic risks, choice of instruments and economic performance in the course of the CPF period, continued Government interest in IBRD financing, and on IBRD’s lending capacity and demands from other borrowers. Similarly, the actual investments by IFC and guarantees by MIGA during the CPF period will depend on improvements in macroeconomic stability and progress in investmentclimate reforms that would boost investor confidence and facilitate greater private sector participation.

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  • Document Type

    Country Partnership Framework

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  • Country

    Egypt, Arab Republic of

  • Region

    Middle East and North Africa,

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  • Doc Name

    Egypt, Arab Republic of - Country partnership framework for the period FY2015-19

  • Keywords

    multilateral investment guarantee agency;Completion and Learning Review;social contract;energy subsidies;small and medium enterprise;private sector job creation;fiscal deficit;private investment;quality of health services;Environmental and Social Safeguard;oil and gas exploration;regional cooperation;annual population growth rate;growth in electricity demand;positive real interest rates;social inclusion;improving governance;incentives for energy efficiency;Macroeconomic Stability;real effective exchange rate;access to basic service;high price of fuel;flexible exchange rate policy;management of water resource;infrastructure and social sector;decentralization of service delivery;irrigation and drainage;extreme poverty;secondary school enrollment;Social Safety Nets;official exchange rate;grievance redress mechanism;law and regulation;per capita income;Business Climate;foreign exchange;electricity tariff;governance issue;Labor Market;parliamentary election;student learn outcome;access to information;fiscal consolidation effort;economic growth rate;investments in power;national poverty line;renewable energy source;informal sector employment;public sector wage;global economic growth;availability of gas;foreign direct investment;exchange rate management;family health services;public sector activity;total consumption expenditure;conventional power generation;energy pricing reform;customs clearance procedures;labor intensive growth;tax on cigarette;Development Policy Financing;cash transfer program;higher consumption tax;monopolistic market structures;energy and water;human development indicator;electricity price increase;Private Sector Growth;investments in infrastructure;land use planning;targeted transfer program;average household income;measure of inequality;land use management;social protection program;Access to Education;public sector investment;increasing tax revenue;measuring learning outcome;enrollment for child;water user association;public investment management;water supply system;parallel exchange market;foreign exchange market;daily exchange rate;water allocation system;global public good;Promoting Private Sector;balance of payment;world war ii;share of asset;access to justice;Public Sector Governance;consultations with stakeholders;public sector inefficiency;regional development agency;performance of state;public sector entity;capacity for implementation;conflict and violence;program of support;secure property right;global financial crisis;Demand For Education;physical capital formation;efficient water allocation;primary school enrollment;current account balance;majority of farmer;quality public service;land as collateral;productive employment opportunity;international development partner;renewable water resource;lack of service;domestic banking sector;inequity in health;public infrastructure investment;supply of labor;enforcement of law;investment climate reform;share of income;conflicts of interest;youth bulge;Exchange Rates;regulatory environment;real gdp;private investor;regional strategy;economic recovery;Public Spending;political context;regional context;agricultural productivity;fiscal space;civil society;high unemployment;Basic Education;macroeconomic indicator;social reform;supply chain;citizen engagement;financial inclusion;rural area;husam abudagga;Wage Bill;spatial development;Energy Sector;stakeholder consultation;food price;environmental sustainability;good governance;water sector;Fuel Subsidies;civil disturbance;fiscal balance;enhancing access;monetary financing;investor confidence;teacher performance;investment loan;governance reform;civil unrest;construction permit;inclusive growth;



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Egypt, Arab Republic of - Country partnership framework for the period FY2015-19 (English). Washington, D.C. : World Bank Group.