Thailand-World Bank Group Country Partnership Framework 2019-2022

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...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Bangkok 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/770551542942024490/Thailand-Country-Partnership-Framework-for-the-Period-FY19-FY22
http://hdl.handle.net/10986/30977
id okr-10986-30977
recordtype oai_dc
spelling okr-10986-309772021-06-14T10:05:19Z Thailand-World Bank Group Country Partnership Framework 2019-2022 World Bank Group DEVELOPMENT AGENDA SHARED PROSPERITY POVERTY REDUCTION SUSTAINABILITY ECONOMIC OUTLOOK STAKEHOLDER CONSULTATION ENGAGEMENT GENDER WORLD BANK GROUP OPERATIONS WORLD BANK GROUP STRATEGY 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. 2018-12-10T22:11:57Z 2018-12-10T22:11:57Z 2018-10-23 Report http://documents.worldbank.org/curated/en/770551542942024490/Thailand-Country-Partnership-Framework-for-the-Period-FY19-FY22 http://hdl.handle.net/10986/30977 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Bangkok Country Assistance Strategy Document East Asia and Pacific Thailand
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DEVELOPMENT AGENDA
SHARED PROSPERITY
POVERTY REDUCTION
SUSTAINABILITY
ECONOMIC OUTLOOK
STAKEHOLDER CONSULTATION
ENGAGEMENT
GENDER
WORLD BANK GROUP OPERATIONS
WORLD BANK GROUP STRATEGY
spellingShingle DEVELOPMENT AGENDA
SHARED PROSPERITY
POVERTY REDUCTION
SUSTAINABILITY
ECONOMIC OUTLOOK
STAKEHOLDER CONSULTATION
ENGAGEMENT
GENDER
WORLD BANK GROUP OPERATIONS
WORLD BANK GROUP STRATEGY
World Bank Group
Thailand-World Bank Group Country Partnership Framework 2019-2022
geographic_facet East Asia and Pacific
Thailand
description 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.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Thailand-World Bank Group Country Partnership Framework 2019-2022
title_short Thailand-World Bank Group Country Partnership Framework 2019-2022
title_full Thailand-World Bank Group Country Partnership Framework 2019-2022
title_fullStr Thailand-World Bank Group Country Partnership Framework 2019-2022
title_full_unstemmed Thailand-World Bank Group Country Partnership Framework 2019-2022
title_sort thailand-world bank group country partnership framework 2019-2022
publisher World Bank, Bangkok
publishDate 2018
url http://documents.worldbank.org/curated/en/770551542942024490/Thailand-Country-Partnership-Framework-for-the-Period-FY19-FY22
http://hdl.handle.net/10986/30977
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