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Country pages policy objectives

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by

Andrea Schwaiger

on 25 February 2016

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Transcript of Country pages policy objectives

ROMANIA
TAJIKISTAN
Joint Pilot Policy Objectives for Seven Countries 2016
JORDAN
TURKEY
UKRAINE
ALBANIA
PEU
CSE
LTT
Country Team
E2C2

Adopt
some
secondary legislation
consistent with and required for the implementation of the new Power Sector Law
Adopt
certain
legislation
required under Western Balkans 6 process
Separate the generation company
from the wholesale public supplier
Agree ToR and initiate process
with KESH and the Government on
Corporate Governance Reform
Agree ToR and initiate process
with KESH to add
climate resilience elements to operation
Lead the implementation of policy reform interventions
that are proposed and approved by the IC
3.
Advocy with national and local authorities
of the need to develop infrastructure to reduce regional disparities
2.
Technical assistance
in the absorption of EU funds
1.
Investments
- leveraging finance by promoting sector reform, commercial and cost-recovery tariffs
Foster infrastructure development and improve efficiency, quality and governance of infrastructure and municipal services
through:
1. Complete
at least one TC
by producing
urban mobility plan
for a major municipality
2. Commence
at least two TCs related to sector reform
, including on benchmarking urban transport sector in Romania
4. Contribute to the
establishment of a task force on infrastructure within FIC
to propose specific actions to the technocratic government
LC2
CSE
Country team
FI
Further
develop LC markets
in Romania through:
1.
Advocacy with the NBR
of correct implementation of recently adopted Law on covered bonds (to which we contributed)
2.
Advocacy with the relevant local and Govt authorities and the private sector
of increase of BSE listed instruments
3.
Participation of EBRD nominee directors
to the Board of the BSE and the Depositary
4.
Increased efficiency and capacity
of the
Depository
.
5.
Increased capacity of the Judiciary
to prepare rulings related to financial market issues.
Youth inclusion
Teams involved
Teams involved
Teams involved:
2016 milestones
Launch
inclusion policy dialogue
to improve the effectiveness of vocational education and training through private sector engagement
The
policy engagement program
is operational, the
partnership
with the European Training Foundation (
ETF
) is in place, positive
cooperation discussion
with the
MoLSS and MoNE
are ongoing and a joint workshop is organized for February
CSE
Country Team
2016 Milestones
1.
Formalize the partnership
with the Turkish Government
2. Establish a
senior level steering group in partnership with ETF, MoNE, MoLSS
, bringing together government and private sector stakeholders to assess the current apprenticeship system and to issue a set of specific policy recommendations
Infra/Health/PPP
Energy
Ministry of Health successfully
implemented the PPP value-for-money (VfM) methodology
EBRD consultants have estimated the VfM of PPP structures for
hospital PPP projects
financed in 2014/15
TC assignment
to assist the Ministry to design their methodology and train their staff has started. MoH expected to perform
first VfM analysis by end of 2016.
Infra
CSE
Country Team
2016 Milestones
Application of the value-for-money methodology by the Ministry of Health
to a new PPP project by year end 2016.
Streamline
Turkey’s Renewable Energy licensing regime.
CSE
E2C2
PEU
3.Finalise assignment.
1. Agree
ToR
2.
Launch assignment
2016 milestones
Teams involved
Investment Climate and Governance Initiative (ICGI)
Power
Teams involved
Restructure balance sheet of the state-owned power generation company
KESH which will have conditionality regarding sector reform and corporate governance. (OpID 48132)
Follow-up
issues identified by the IC
Use the IC as a consultation platform
for future ICGI projects
2016 milestones
1. Initiate at least
one policy reform intervention
, identified and approved by the IC

2. Use the IC as a platform to consult at least
one further ICGI project
IGCI
CSE
County Team and others
BELARUS
2016 milestones
Teams involved: CSE, Country Team, FI, ICA
Energy
Privatisation
Teams involved: PEU, E2C2, CSE
Engage the government on a
broader privatisation agenda
Pursue
policy dialogue around Belinvestbank

Further
policy dialogue on tariff reform
when linked directly to concrete projects
2016 milestones
Identify
priority areas
of intervention
Implement
institution-building programme
with Belinvestbank and progress with non-core asset disposal and transfer of state-programmes related portfolio
Possible
technical assistance
to

another SOE for pre-privatisation, associated in selected cases with debt and equity financing
Agree with the government a
timeline for the privatisation of the SOE
Support
development of the renewable energy legislation
2016 Milestones
Teams involved
Teams involved
2016 milestones
2016 milestones
Teams involved
Financial Institutions
SOE reform and Privatisation
Natural resources
Reform of state-owned banks
1.
Adoption
by the Government of the overall
Strategy for State-owned Banks
2. Sign
tri-party MoU
(EBRD, Ukrainian government and Oschad bank)
3. Agree on the
changes to Oschad bank’s governance
and resulting
legislative changes
necessary to implement the new governance
FI
CSE
Country Team
Lead
policy dialogue
, through:

CSE
ICGI
LTT
Country Teams
Formalize of the SOE strategy
(with Bank assistance) and
initial implementation
Participate in and aim to steer the
Gas Sector unbundling process
in close collaboration with the World Bank and Energy Community Secretariat,
linking it
, where possible,
to EBRD project and TC

Participate in the process
for the
redesign of the landscape of ownership and corporate make-up of the Gas sector

1. Achieve progress in
implementation of the CGAP for NAK and UTG
2. Assist in
design of reform of the gas sector
, identifying appropriate governance measures
Natural Resources
CSE
ICGI
LTT
Country Team
2016 milestones
Teams involved
Teams involved
Financial Institutions
Energy
Enhance development of the financial sector and capital markets
:
1. Initiate and
complete a study
of corporate governance regulatory framework and practice in the banking sector
3. Scope out the required
regulatory changes
for EBRD’s bond issuance and for development of local money markets
FI
CSE
Country team
LC2/Treasury
LTT
Improve tariff setting in the energy sector
as key element of energy sector reform and precondition for creating a sustainable energy sector
2016 milestones
1. Submit to the authorities of a
proposal for legal / regulatory changes and capacity building
necessary for the establishment of a tariff setting unit, and
new methodology for tariff setting regulation
for each business line (generation, transmission and distribution).
2. The authorities to
commit to implementation of proposed legal and regulatory changes
, and the Investment Council to
endorse
establishment of the tariff setting unit and a road map for adoption of other measures in the CASA-1000 MoU.
PEU
CSE
Country Team
LTT
2016 milestones
Teams involved
2016 milestones
Teams involved
2016 milestones
Teams involved
MEI
ICA
Inclusion
Strengthen National Standards for Wastewater Discharge
Submit the By-law Final
(Arabic only) to PMU / WAJ Board of Directors.


MEI
CSE
Country Team

The overall objective is to
establish an innovation hub
for all matters related to innovation

1.
Set-up and decide on scope
of
Project
, including a detailed scoping exercise to fully map out NCI tasks, responsibilities, procedures, staff requirements and developing the first of four annual action plans

covering all NCI activities
2.
Collect baseline data
3.
Start project
, including the creation of an IT-based platform
4.
Four actions plans
, IT-based platform, KPIs confirmed
ICA
CSE
Country Team
Introduce
improved national skills standards in hospitality and tourism
based on employer needs:
The
MoU
with the WTO was signed in November 2015, a
project and policy TC
is in place and consultants selected. The
target
is to have
at least one new national skills standards
in a relevant discipline proposed for accreditation by EBRD to CAQA (Jordan’s National Skills Standards Authority) and
identification of sectoral best practices
in partnership with UN WTO
1.
Identify public and private stakeholders
and
initiate dialogue
programme with CAQA.
2.
Hold
c
onference
in partnership with the UNWTO, resulting in a joint communique by government and the private sector detailing
agreed inclusive tourism principles and goals on skills standards
, and an
agreed an action plan to achieve these.
CSE
Country Team
Initiate and deliver a policy dialogue programme
to improve the effectiveness of vocational education and training in retail and hospitality sectors through private sector engagement
1. Contribute to putting in place
secondary legislation on implementation of covered bond law
2. Commence
TC to undertake Assessment of streamlining the functions
of the Depository
3. Commence
TC to improve the Capacity of the Judiciary
to prepare rulings related to specialist financial market issues
Teams involved
LC2
CSE
Country Team
FI
2016 Milestones
Teams involved
Infra
CSE
Country Team
LC2
2016 Milestones
Local Capital Markets
Infrastructure

facilitate
improvement of
corporate governance of banks
create legal and regulatory framework
required for EBRD bond issuance
improve
the legal and regulatory framework
enhance capacity of market participants
aimed at introducing functioning money markets
Establish the Jordan National Center for Innovation
F
acilitate investments
through
EBRD-developed NREAP,
in the energy sector and support Turkey in achieving its 2023 RE targets.
The
policy engagement
is currently being prepared and will
be launched by 1H2016
.
Contacts:
Christoph Denk, Head of Office, Albania
DENKC@EBRD.COM

Peter Sanfey, Rgnl Lead Economist, Albania
SANFEYP@EBRD.COM
Bojan Markovic,Rgnl Lead Economist, Romania
MARKOVIB@EBRD.COM

Contacts:

Bojan Markovic, Rgnl Lead Economist, Turkey
MARKOVIB@EBRD.COM
Contacts:

Patrone, Matteo, Rgnl Head of Office, Romania
PATRONEM@EBRD.COM
Jean Patrick Marquet, Head of Office, Turkey
Marquetj@ebrd.com
Contacts:
Dimitri Gvindadze , Rgnl Lead Economist, Ukraine
GVINDADD@EBRD.COM
Sevki Acuner, Head of Office, Ukraine
ACUNERS@EBRD.COM
Contacts:
Heike Harmgart, Head of Office, Jordan
HARMGARH@EBRD.COM
Hanan Morsy, Rgnl Lead Economist, Jordan
MORSYH@EBRD.COM
Contacts:
Richard Jones, Head of Office, Tajikistan
JONESR@EBRD.COM
Agris Preimanis, Rgnl Lead Economist, Tajikistan
PREIMANA@EBRD.COM
Contacts:
Dimitri Gvindadze , Rgnl Lead Economist, Belarus
GVINDADD@EBRD.COM
Francis Delaey, Head of Office, Belarus DELAEYF@EBRD.COM
3.
Sign a MoU
on EU funds absorption
2.
Engage with the authorities and partner banks
with regards to regulatory improvements and improvements of corporate governance practices proposed by the study.
4. The authorities to agree to a specific
action plan
on enhanced credibility of money markets
formalisation of a SOE reform

privatisation strategy
effective privatisation
of some flagship assets
initial implementation of priority SOE reform
measures
Adopt, implement and monitor impact of concrete reforms
Further milestones

TBD
following initial assessment of scope of work
Launch
TC assignment
Agree ToR
with government
Full transcript