Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22
Nicaragua remains one of the poorest countries in Latin America. Making a significant dent in prevailing levels of poverty and vulnerability through faster, more inclusive, and sustained growth as well as better access to quality basic services are...
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/419731521338434751/Nicaragua-Country-partnership-framework-for-the-period-FY18-FY22 http://hdl.handle.net/10986/29601 |
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okr-10986-296012021-05-25T09:13:15Z Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 World Bank Group POVERTY REDUCTION SHARED PROSPERITY STAKEHOLDER CONSULTATION GOVERNANCE RISK MANAGEMENT PORTFOLIO MANAGEMENT NEW LENDING PROGRAM Nicaragua remains one of the poorest countries in Latin America. Making a significant dent in prevailing levels of poverty and vulnerability through faster, more inclusive, and sustained growth as well as better access to quality basic services are at the core of the financial year 2018‐2022 Country Partnership Framework (CPF). To achieve the required job‐creating growth faster, the country will need to increase productivity in addition to further improving the quality of its human and physical capital. In addition, a growth acceleration will also require improved access to quality basic services underpinned by institutional capacity‐building and increased data availability.To sustain and deepen the progress realized under the FY13‐17 Country Partnership Strategy (CPS) and support the government in achieving the Twin Goals, the FY18‐22 CPF envisages support across three pillars: (i) investing in human capital, particularly for disadvantaged groups; (ii) enabling private sector investment for job creation; and (iii) improving institutions for resilience and sustainability. The CPF pays special attention to disadvantaged groups and lagging territories within Nicaragua that have not participated fully in the benefits of growth. It prioritizes interventions that target specific groups such as youth, women, subsistence farmers, and Indigenous and Afro‐descendant communities with a spatial focus on rural areas in the Caribbean and Central regions where most of the poor and extreme poor are located.The CPF builds on the foundations laid down by the previous CPS while responding to new challenges. The CPF will succeed the FY13‐17 CPS, and will focus on improving access to basic services and fostering competitiveness and productivity through improvements to infrastructure and the investment climate. The current CPF builds on these approaches while presenting three main shifts with greater emphasis on: (i) private sector‐led growth; (ii) sustainability; and (iii) governance.The FY 18‐22 CPF is informed by the FY18 SCD and supports implementation of the government’s emerging National Plan for Human Development (PNDH) (Plan Nacional de Desarollo Humano). It also reflects the GoN’s commitment to the Sustainable Development Goals (SDGs) and its responsibilities and priorities in the area of climate change mitigation and adaptation.The WBG engagement supports the GoN’s efforts to reduce poverty by accelerating economic growth, generating employment for a large share of Nicaraguans and improving access to quality basic services for the most disadvantaged. 2018-04-02T21:41:22Z 2018-04-02T21:41:22Z 2018-02-12 Report http://documents.worldbank.org/curated/en/419731521338434751/Nicaragua-Country-partnership-framework-for-the-period-FY18-FY22 http://hdl.handle.net/10986/29601 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Country Assistance Strategy Document Latin America & Caribbean Nicaragua |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
POVERTY REDUCTION SHARED PROSPERITY STAKEHOLDER CONSULTATION GOVERNANCE RISK MANAGEMENT PORTFOLIO MANAGEMENT NEW LENDING PROGRAM |
| spellingShingle |
POVERTY REDUCTION SHARED PROSPERITY STAKEHOLDER CONSULTATION GOVERNANCE RISK MANAGEMENT PORTFOLIO MANAGEMENT NEW LENDING PROGRAM World Bank Group Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 |
| geographic_facet |
Latin America & Caribbean Nicaragua |
| description |
Nicaragua remains one of the poorest
countries in Latin America. Making a significant dent in
prevailing levels of poverty and vulnerability through
faster, more inclusive, and sustained growth as well as
better access to quality basic services are at the core of
the financial year 2018‐2022 Country Partnership Framework
(CPF). To achieve the required job‐creating growth faster,
the country will need to increase productivity in addition
to further improving the quality of its human and physical
capital. In addition, a growth acceleration will also
require improved access to quality basic services
underpinned by institutional capacity‐building and increased
data availability.To sustain and deepen the progress
realized under the FY13‐17 Country Partnership Strategy
(CPS) and support the government in achieving the Twin
Goals, the FY18‐22 CPF envisages support across three
pillars: (i) investing in human capital, particularly for
disadvantaged groups; (ii) enabling private sector
investment for job creation; and (iii) improving
institutions for resilience and sustainability. The CPF pays
special attention to disadvantaged groups and lagging
territories within Nicaragua that have not participated
fully in the benefits of growth. It prioritizes
interventions that target specific groups such as youth,
women, subsistence farmers, and Indigenous and
Afro‐descendant communities with a spatial focus on rural
areas in the Caribbean and Central regions where most of the
poor and extreme poor are located.The CPF builds on the
foundations laid down by the previous CPS while responding
to new challenges. The CPF will succeed the FY13‐17 CPS, and
will focus on improving access to basic services and
fostering competitiveness and productivity through
improvements to infrastructure and the investment climate.
The current CPF builds on these approaches while presenting
three main shifts with greater emphasis on: (i) private
sector‐led growth; (ii) sustainability; and (iii)
governance.The FY 18‐22 CPF is informed by the FY18 SCD and
supports implementation of the government’s emerging
National Plan for Human Development (PNDH) (Plan Nacional de
Desarollo Humano). It also reflects the GoN’s commitment to
the Sustainable Development Goals (SDGs) and its
responsibilities and priorities in the area of climate
change mitigation and adaptation.The WBG engagement supports
the GoN’s efforts to reduce poverty by accelerating economic
growth, generating employment for a large share of
Nicaraguans and improving access to quality basic services
for the most disadvantaged. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 |
| title_short |
Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 |
| title_full |
Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 |
| title_fullStr |
Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 |
| title_full_unstemmed |
Country Partnership Framework for the Republic of Nicaragua for the Period FY18-FY22 |
| title_sort |
country partnership framework for the republic of nicaragua for the period fy18-fy22 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/419731521338434751/Nicaragua-Country-partnership-framework-for-the-period-FY18-FY22 http://hdl.handle.net/10986/29601 |
| _version_ |
1764469781580218368 |