Number of Active Projects
|8, plus one regional (Trade and Transport Facilitation)|
|Lending||$374 million + $30 million Regional Trade and Transport Facilitation|
The World Bank Group is currently preparing the new Country Partnership Framework (CPF), which will outline the Bank Group’s engagement with North Macedonia for the period 2024- 2028. The new CPF will continue to build on the priorities of the CPF 2019 – 2023 and will be also based on the recently completed 2023 Systematic Country Diagnostic (SCD) update, with a sharpened focus on human capital development, private sector development and the green transition.
The 2023 SCD Update identified four development priorities for faster, more inclusive, and sustainable growth:
(1) more accountable service delivery to citizens;
(2) strengthened human capital formation and closing opportunity gaps for all;
(3) induced creation of better paid jobs
(4) strengthened household resilience to climate change and lowered carbon intensity and air pollution.
The new CPF will also be aligned with the emerging National Development Strategy (NDS) 2022-2042, the Economic Reform Program (ERP), and the government’s Growth Acceleration Plan (GAP) for 2022–2026. Both, the draft NDS and the GAP embed EU accession as a cross-cutting strategic priority.
The new CPF will build on the results of the current portfolio in the areas of public financial management, early childhood education and care, and more, while filling knowledge gaps to move from first to second generation reforms. The new CPF will also propose to pursue a more structured One World Bank Group-approach through the blending of the institution’s instruments, which will help strengthen the country’s fundamentals in the areas of public financial management, human capital, and energy transition, in support of the EU accession negotiations.
The ongoing Public Finance Review: Ensuring Stability and Boosting Resilience will provide analytical support to the Ministry of Finance and other line ministries in designing a sustainable medium-term fiscal strategy for the post-COVID-19 recovery. The planned Country Economic Memorandum for North Macedonia will help to set out the key medium-term priorities to support income convergence with EU peers and will explore competition policy and the role of the state.
Last Updated: Oct 10, 2023