The current Country Partnership Strategy (CPS) for Mongolia was initially prepared for 2013-2017 and was extended to December 31, 2017. Preparation of the new Country Partnership Framework (CPF)[1] has been postponed until after the next Parliamentary elections in June 2020 so that it can be better aligned with the government’s development priorities.
To ensure continuity of the World Bank Group’s program in Mongolia and in close consultation with the Mongolian authorities, this Performance and Learning Review (PLR) updates the current strategy and extends it until December 31, 2020. The WBG will aim to prepare a new CPF before the end of calendar year 2020.
The key pillars and objectives of the current CPS remain highly relevant to address Mongolia’s development challenges. Managing the mining economy, promoting economic diversification, and better service delivery continue to be at the heart of the Mongolian government’s own development plans, including the Sustainable Development Vision 2030 and the Economic Recovery Program.
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[1] The World Bank Group’s Country Partnership Framework (CPF) aims to make our country-driven model more systematic, evidence-based, selective, and focused on the Bank’s twin goals of ending extreme poverty and increasing shared prosperity in a sustainable manner. The CPF replaces the Country Partnership Strategy (CPS).