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BiH COUNTRY PARTNERSHIP FRAMEWORK 2016-2020

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Tatiana Proskuryakova

on 10 December 2015

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Transcript of BiH COUNTRY PARTNERSHIP FRAMEWORK 2016-2020

WBG Country Engagement
Systematic Country Diagnostic
SCD Priorities
Government Reform Agenda
WBG Value Added - Lessons from Earlier Engagement
WBG Value Added - Working with Development Partners
Country Partnership Framework
Risks
Bosnia and Herzegovina
Country Partnership Framework
2016-2020

EU Integration
Be more selective
: Reform Agenda is a window of opportunity
Maintain flexibility
: Things will change again!
Coordinate

with partners and stakeholders
Institutional
Political
Economic shocks
Social
Natural disasters
Indicative Program

WBG Operations in BiH
IFC

$69.25 M
8 projects
IBRD&IDA

$576.32 M
12 projects
MIGA

$284.7 M
6 guarantees
After 20 years of peace, BiH has yet to fully recover from the war
The collapse of Yugoslavia created a lost generation

Few people work and those who do need to support many more
Only around a quarter of people work, even informally

Nearly a half of those who are formally employed work in the public sector
The public sector is large and inefficient
With public expenditures at close to 50% of GDP and large SOE presence, the public sector controls half of the economy, with inadequate public services to match
Source: IMF WEO 2014
Chance for a positive change is now
Reform Agenda and Action Plan
adopted by State and Entity Governments

EU Stabilization and Association Agreement
came into force and membership application advancing
Country Context - Key Facts
Full transcript