Members of the Development Assistance Coordination Unit (DACU) met with representatives from the World Bank Group at the Ministry of Investment and Foreign Economic Relations (MIFER) on 19 June 2019 in Nay Pyi Taw to discuss the proposed consultation process and other necessary preparations that will inform the drafting of the World Bank Group’s new Country Partnership Framework 2020-2024.
The objective of the meeting was to seek the DACUs views with regard to Myanmar’s key development challenges and areas where the World Bank Group should concentrate future support in order to have the greatest impact in promoting inclusion, sustainable poverty reduction and shared prosperity in Myanmar.
The World Bank Group’s Country Partnership Framework seeks to ensure that World Bank Group assistance is country-led, systematic, and evidence-based, while remaining focused on the World Bank’s twin goals of ending extreme poverty and increasing shared prosperity in a sustainable manner.
The World Bank Group Head of Office, Mr. Gevorg Sargsyan and Ms. Bronwyn Grieve, Programme Leader provided an overview of the World Bank Group Country Partnership Framework drafting process, noting strong alignment between proposed focus areas and the Myanmar Sustainable Development Plan 2018-2030.
In accordance with the Myanmar Development Assistance Policy (DAP), this initial meeting with the DACU will be followed by a series of formal consultations with Union Government officials, officials from various States and Regions, and other stakeholders from Myanmar’s private sector and civil society.