Country Partnership Framework for the Republic of Indonesia for the Period FY21 - FY25

This document presents the Country Partnership Framework (CPF) for the World Bank Group (WBG) for Indonesia, covering the period FY2021-FY2025. The CPF builds on past successes and blends continuity of the past strategy with change. The past strategy began shifting towards supporting private sector-...

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Bibliographic Details
Main Authors: World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency
Format: Strategy Document
Language:English
Published: Washington, DC: World Bank 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/306831620760881407/Indonesia-Country-Partnership-Framework-for-the-Period-FY21-FY25
http://hdl.handle.net/10986/35559
Description
Summary:This document presents the Country Partnership Framework (CPF) for the World Bank Group (WBG) for Indonesia, covering the period FY2021-FY2025. The CPF builds on past successes and blends continuity of the past strategy with change. The past strategy began shifting towards supporting private sector-led growth, based on investments in human capital and underpinned by institutional reforms. This CPF proposes a further shift towards reinforcing fiscal resilience, harnessing the potential of digitalization, integrating climate change considerations, and realizing the contribution of gender to promote a resilient recovery from the pandemic and long-term economic growth. Current conditions require re-focused knowledge and advisory work, inter alia, in public finances, governance, health and social protection as well as a rise in the volume of IBRD lending and IFC financial support tilted towards these re-defined priorities. This document details the CPF program for the first three years of the CPF period in light of unusually great uncertainties, within a five-year overall framework. The first half of the CPF period will be dominated by the need to secure a sustained recovery from the COVID pandemic.