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Sri Lanka - Performance and Learning Review of the Country Partnership Framework for the Period FY17-FY21 (Inglês)

This Program and Learning Review (PLR) for the Sri Lanka Country Partnership Framework FY17- FY20 (CPF) documents progress at the midpoint of the CPF’s implementation. The three CPF program areas as follows:(i) macro-stability and competitiveness; (ii) inclusion and opportunities for all; and (iii) green growth, environmental management, and climate change adaptation and mitigation potential—as well as the cross-cutting themes of gender and governance, remain relevant and well aligned with Sri Lanka’s development strategy, which the government articulated in its vision 2025, launched in September 2017. The CPF was grounded in a comprehensive systematic country diagnostic (SCD) which also remains valid. There has been solid progress toward achieving the CPF objectives, though progress has fallen short in some areas. The International Monetary Fund (IMF) program and World Bank (WB) analytic and technical support have contributed to stability in macroeconomic fundamentals. However, the country’s high debt levels, with impending rollover and repayment schedules, pose challenges to the gains achieved. The government remains strongly committed to improving the enabling environment for the private sector to participate in transformative investments by strengthening the use of public-private partnerships (PPPs). The PLR is introducing some shifts in the CPF program to respond to the World Bank Group’s evolving strategic priorities and changes in the country context, and to address challenges that arose during CPF implementation. The PLR reflects Sri Lanka’s graduation from an IDA to an IBRD country, but with access to IDA transitional funds. The PLR also proposes to extend the CPF by one year to June 2021, to reflect a more realistic pace of implementation in some key areas and better align the preparation of the next CPF with Sri Lanka’s electoral cycle.

Detalhes

  • Data do documento

    2019/03/07

  • TIpo de documento

    Country Partnership Framework

  • No. do relatório

    135126

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Mundo,

  • Região

    Regiões Mundiais,

  • Data de divulgação

    2019/04/06

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2019-04-03T00:00:00Z

  • Nome do documento

    Sri Lanka - Performance and Learning Review of the Country Partnership Framework for the Period FY17-FY21

  • Palavras-chave

    macroeconomic indicator; Targeting of Social Safety Nets; female labor force participation; incidence of poverty decline; Securities and Exchange Commission; primary health care system; population living in poverty; small and medium size enterprise; public financial management reform; Environmental and Social Safeguard; water supply and sanitation; manufacturing, agribusiness, and services; external current account deficit; access to finance; central government debt; disaster risk management; Natural Resource Management; decline in poverty; reduction in poverty; Early Childhood Development; import of goods; capacity for implementation; education and health; readiness for implementation; rural service delivery; per capita income; social protection system; climate resilience; private investment; trade and investment; millennium challenge; Investment Project Financing; secure online payment; renewable energy generation; energy efficiency financing; export of goods; quality and relevance; trade and competitiveness; social market economy; political risk guarantee; access to job; sri lanka rupee; risk of expropriation; breach of contract; excise tax revenue; average household consumption; foreign direct investment; improved service delivery; public service capacity; social protection reform; severe weather events; river basin management; Research and Innovation; impact of disaster; national poverty line; income tax reform; Development Policy Financing; social security fund; quality of education; private sector employment; addressing gender equality; land acquisition process; public sector institution; high debt levels; climate change adaptation; Access to Electricity; bus passenger transport; Check and Balances; implementation of reform; commercial banking sector; high poverty incidence; per capita consumption; debt management strategy; value added tax; financial sector efficiency; formal financial sector; private sector credit; increase in inequality; emerging market currency; Higher Education; urban development; Advisory services; digital technology; citizen engagement; fiscal consolidation; political controversies; Demographic Transition; local development; primary balance; Country Systems; climate-smart agriculture; skill development; contract management; reform implementation; mitigation potential; green growth; disruptive technology; urban transport; results framework; public debt; bank regulator; smallholder farmer; increasing share; portfolio performance; enabling environment; portfolio review; fiscal balance; project ratings; household survey; business environment; Trade Policies; Trade Policy; estate sector; lagging region; budget allocation; budget support; official reserve

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