WASHINGTON, May 18, 2022 – The World Bank's Board of Executive Directors discussed earlier today the Performance and Learning Review (PLR) of the Country Partnership Framework (CPF) for Niger FY18-FY22. Performance Learning Reviews are conducted during the Country Partnership Framework (CPF) implementation to assess progress, ensure objectives are being met and realign the strategy with emerging priorities as needed.
This PLR extends the current CPF by one year to allow to consolidate and produce results, and to strengthen the strategy’s focus on climate change resilience. The additional year will also allow updating of the Systematic Country Diagnostic for FY23, which will contribute to prepare the next CPF and further support Niger’s Plan for Economic and Social Development (PDES) 2022-2026. The PLR anticipates that IFC and MIGA will intensify their efforts to reduce the risks associated with private investments in Niger.
“Niger has the opportunity to enhance its response to the various crises that have severely affected its population and thus strengthen its resilience. This PLR outlines how the World Bank Group will continue working with the government to improve the lives of all Nigeriens," said Clara De Sousa, World Bank Country Director for Niger. "The Bank will continue to mobilize financing, knowledge, and global experience to support the government's program of strengthening social and economic progress."
“As the private sector arm of the World Bank Group, the International Finance Corporation (IFC) is committed to support the implementation of reforms to enable the development of a strong and inclusive private sector in Niger,” said Olivier Buyoya, IFC Country Manager for Niger. “We have at heart to work closely with other members of the World Bank Group to mobilize private sector opportunities in key sectors such as agribusiness, SME financing, and sustainable infrastructure.”
Endorsed in 2018, Niger's CPF focuses on three pillars: (1) Increased productivity and rural incomes, (2) Improved human capital and social protection, and (3) Better governance for jobs, service delivery, and growth. The PLR finds that these pillars and related objectives remain relevant to Niger's development challenges and are fully aligned with government priorities. It notes substantial results in all three areas of intervention. However, some of the CPF's objectives may not be met.
''The PLR is deepening or scaling-up World Bank Group’s interventions in key areas based on the new context, and on the experience with CPF implementation. Related indicators revisions and refinement will allow for many of the CPF objectives to be met by June 2023,'' says Aissatou Maisha Dicko, acting World Bank Country Manager for Niger.
