Public/Private Partnership for Growth and Poverty Reduction Project

closed

Closed

The Public/Private Partnership for Growth and Poverty Reduction Project aims to improve business environment and competitiveness through privatization and effective public/private partnership with the view to increase private investment; and strengthen the poverty alleviation focus in the government's economic management. The project consists of three mutually reinforcing components designed to improve competitiveness and provide the poor with greater access to services. 1) Enhanced competitiveness will provide continuing support for privatization of public enterprises; provide institutional support to strengthen the new regulatory agencies and committees; and assist the Competitiveness Committee in defining and implementing an action plan to facilitate increases in firm-level productivity and streamline business regulations. 2) The financial sector will implement the Government's reform program for the modernization of the pension system; implement the regulations applicable to micro-credit finance institutions; restructure the postal savings office and checking banks in the absence of commercial banks outside urban areas; and support the establishment of a financial market to foster long term debt and equity financing. 3) Partnership for poverty reduction will establish a baseline for poverty through household surveys; help implement the government's poverty alleviation strategy; and finance the Administrative and Financial Unit.

FY17 - Public Administration,FY17 - Social Protection,Information and Communications Technologies

World Bank Group

Project

Residential, Commercial, Government