The new 2022-2026 Country Partnership Framework (CPF) with the Dominican Republic aims at three high-level outcomes, with a long-term focus on people's well-being.
- The first desired outcome is to improve access to good quality public services, as well as seek to improve fiscal space and public spending to ensure and guarantee those improvements.
- The second one is to achieve a greater number of high quality jobs by improving job skills and educational quality, which would strengthen the investment momentum and diversify trade markets. It will be key to mobilize infrastructure and underserved groups financing, as well as to focus on vulnerable households, specially those headed by women, by supporting them with mortgage financing from the national housing program. It will also increase lending to women and small and medium-sized enterprises, thereby encouraging public-private projects.
- El tercer resultado del MAP es lograr una mayor y mejor capacidad de respuesta y recuperación ante los efectos adversos del cambio climático. También será crucial, impulsar la economía azul, mejorar la gestión del agua, de los recursos naturales e impulsar la sostenibilidad de los paisajes. fortalecer la capacidad institucional y financiera permitirá afrontar mejor los fenómenos asociados a la naturaleza. Facilitar la financiación verde será clave.
- The third desired outcome for the CPF is to achieve a greater and better capacity to respond and recover from the adverse effects of climate change. It will also be crucial to boost the blue economy, to improve water and natural resources management and to promote the landscapes' sustainability. Strengthening institutional and financial capacity will make it possible to better cope with such phenomena associated with nature. Facilitating green finance will be key.
Digitalization and mobilization of private capital are also part of this strategy. From the World Bank and through the new Partnership Framework, we are committed to working with the Dominican Republic to close gaps and drive balanced growth without leaving anyone behind.
