The Cape Verde government and World Bank Group held a high-level workshop to shape the next Country Partnership Framework, aligning potential support with national priorities for employment, growth and economic diversification. The discussions sought government guidance on priority development outcomes and the areas where World Bank Group financing, guarantees, advisory services and private sector solutions could add the most value. Participants linked Cape Verde’s employment and growth constraints to preliminary findings from the Simplified Country Diagnostic and the World Bank Group’s jobs framework. They also considered factors that could affect future financing and engagement, including implementation conditions and the role of the International Finance Corporation in combining public finance, private investment, guarantees, knowledge and technical assistance. The workshop will inform the next steps in preparing the framework and subsequent discussions on portfolio performance and the country’s policies and institutions.
Cape Verde Ministry of Finance advances next World Bank Group partnership framework focused on jobs and growth
The Cape Verde government and World Bank Group advanced preparations for the next Country Partnership Framework, with a focus on employment, growth and economic diversification. Discussions covered financing, guarantees, advisory support and ways to combine public resources with private investment.