Georgia Competitiveness and Growth DPO2

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Closed

The objectives of the Second Competitiveness and Growth Development Policy Operation (CG DPO2) Program for Georgia which are supported by this development policy operation are to strengthen competitiveness and facilitate inclusive growth. These development objectives are anchored in the government's reform program. The CG DPO2 is the second in a series of three programmatic development policy operations for Georgia that support reforms aimed at strengthening competitiveness and facilitating inclusive growth. The new government formed after the democratic parliamentary elections in October 2012 remains committed to growth enhancing structural reforms. The government retains full ownership of the policy actions under the ongoing competitiveness and growth DPO series, which should ensure implementation, follow-up, and sustainability of the supported reforms. The new government is also planning to strengthen focus on agriculture and rural development and on employment growth.The DPO has three pillars:(i) competitiveness pillar reforms target trade and trade facilitation, modernization of education, and power sector reforms to encourage investment, strengthen productive capacity, create jobs, and provide easier access to world markets; (ii) public financial management pillar, improvements in the efficiency of public financial management will complement fiscal adjustment and ensure better quality of spending in line with growth and social priorities through enhanced budgetary accountability, coverage, and transparency; and (iii) effectiveness of social spending pillar, greater effectiveness of social spending will help ensure that the benefits of growth are broadly shared, along with a strengthening of social safety nets.The bank's support focuses on areas of comparative advantage where it is able to leverage expertise and technical support through cooperation with international partners.

FY17 - Education,FY17 - Energy and Extractives,FY17 - Industry, Trade and Services,FY17 - Public Administration,FY17 - Social Protection

World Bank Group

Project

Power Generation (CCGT), Hospital, Raw Materials, Government, Education