The World Bank Group (WBG) has initiated stakeholder consultations in Pakistan as part of the development of a new Country Partnership Framework (CPF). The CPF is designed to outline key objectives and development results to support Pakistan in its efforts to reduce poverty and enhance shared prosperity.
The consultations, which will continue until mid-July 2024, aim to gather input from various stakeholders on the country's development strategy. Roundtable discussions are scheduled, with details available on the main CPF webpage.
The previous Country Partnership Strategy concluded in FY20. Preparation for a new CPF was delayed due to the COVID-19 pandemic and the catastrophic floods of 2022. A new framework is expected to be presented to the Board of Executive Directors by FY25.
Information regarding progress and finalization of the CPF will be updated on its dedicated webpage. Key documents will be available in both Urdu and English.
The initial framework for the CPF is prepared by several entities within the WBG, including the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA).
Consultations focus on five proposed areas: reduced child stunting, reduced learning poverty, increased climate resilience, increased decarbonization, and more inclusive economic opportunities. These areas reflect priorities identified through collaboration with the Government of Pakistan.
The consultation process follows a four-step engagement approach outlined by WBG directives:
1. Identifying constraints to reducing poverty.
2. Determining contributions from WBG.
3. Monitoring progress.
4. Learning from outcomes.
While not responsible for drafting the CPF, the Government of Pakistan plays a crucial role in identifying strategic objectives that align with national goals.
Additional resources about CPFs are available online through various WBG platforms. Previous consultations under initiatives like 'Reforms For A Brighter Future' will inform this new framework's development.